HORECA EDU OÜRegistered
Tax debt 7440 € as of 30.09.2026.Source: Tax and Customs Board
Key figures
230 513 €+40,7%
Revenue 2025
+0,7%
Average annual growth 2019–2025
Ratios
2025−30,4%
Profit margin
−7,1%
Equity ratio
0,5×
Current ratio
199,6%
Return on equity
763 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 62 452 € | 12 | 11 656 € |
| Q1 2026 | 46 935 € | 10 | 11 595 € |
| Q4 2025 | 55 229 € | 10 | 7129 € |
| Q3 2025 | 68 867 € | 10 | 13 796 € |
| Q2 2025 | 55 789 € | 12 | 9183 € |
| Q1 2025 | 57 656 € | 11 | 11 764 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 44 667 | 26 090 | 43 142 | 53 542 | 48 068 | 80 449 | 41 956 |
| Total non-current assets | 10 592 | 8342 | 6092 | 3842 | 0 | 450 000 | 450 000 |
| Total assets | 55 259 | 34 432 | 49 234 | 57 384 | 48 068 | 530 449 | 491 956 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 41 662 | 17 907 | 7056 | 13 862 | 14 241 | 495 526 | 77 025 |
| Non-current liabilities | — | — | — | — | — | — | 450 000 |
| Total liabilities | 41 662 | 17 907 | 7056 | 13 862 | 14 241 | 495 526 | 527 025 |
| Share capital | 20 000 | 20 000 | 20 000 | 20 000 | 20 000 | 20 000 | 20 000 |
| Retained earnings of previous periods | 11 259 | −6403 | −3475 | 22 178 | 23 522 | 13 827 | 14 923 |
| Profit for the year | −17 662 | 2928 | 25 653 | 1344 | −9695 | 1096 | −69 992 |
| Total equity | 13 597 | 16 525 | 42 178 | 43 522 | 33 827 | 34 923 | −35 069 |
| Income statement | |||||||
| Sales revenue | 221 653 | 106 034 | 162 876 | 175 818 | 149 276 | 163 860 | 230 513 |
| Operating profit | −17 475 | 3006 | 25 653 | 1344 | −9695 | 1096 | −57 602 |
| EBITDA | −15 875 | 5256 | 27 903 | 3594 | −9695 | — | — |
| Profit before income tax | −17 662 | 2928 | 25 653 | 1344 | −9695 | 1096 | −69 992 |
| Profit for the reporting year | −17 662 | 2928 | 25 653 | 1344 | −9695 | 1096 | −69 992 |
| Labour costs | 189 513 | 57 593 | 72 161 | 84 108 | 64 284 | 59 596 | 123 708 |
| Depreciation of non-current assets | 1600 | 2250 | 2250 | 2250 | 0 | — | — |
| Other indicators | |||||||
| Employees | 26 | 10 | 8 | 6 | 6 | 7 | 14 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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