Belwood OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 3238 € | 1 | 2221 € |
| Q2 2026 | 79 290 € | 2 | 1084 € |
| Q1 2026 | 102 385 € | 1 | 0 € |
| Q4 2025 | 10 030 € | — | 1557 € |
| Q3 2025 | 1327 € | 2 | 2285 € |
| Q2 2025 | 35 173 € | 2 | 0 € |
| Q1 2025 | 2912 € | — | 0 € |
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 | 48 289 | 23 438 | 27 978 | 76 735 | 82 459 | 40 918 | 98 757 |
| Total non-current assets | 57 636 | 60 234 | 63 953 | 89 567 | 75 928 | 84 196 | 65 060 |
| Total assets | 105 925 | 83 672 | 91 931 | 166 302 | 158 387 | 125 114 | 163 817 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 10 359 | 5832 | 15 551 | 22 874 | 18 910 | 12 767 | 21 363 |
| Non-current liabilities | 23 864 | 20 675 | 17 390 | 31 321 | 17 513 | 41 813 | 32 789 |
| Total liabilities | 34 223 | 26 507 | 32 941 | 54 195 | 36 423 | 54 580 | 54 152 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 77 072 | 68 952 | 54 414 | 56 241 | 109 357 | 119 199 | 67 785 |
| Profit for the year | −8120 | −14 537 | 1826 | 53 116 | 9857 | −51 415 | 39 130 |
| Reserves and other equity | 250 | 250 | 250 | 250 | 250 | 250 | 250 |
| Total equity | 71 702 | 57 165 | 58 990 | 112 107 | 121 964 | 70 534 | 109 665 |
| Income statement | |||||||
| Sales revenue | 72 593 | 66 760 | 98 283 | 110 003 | 94 460 | 64 460 | 44 079 |
| Operating profit | −7845 | −13 773 | 2495 | 53 734 | 10 812 | −47 981 | 41 933 |
| EBITDA | −175 | −2542 | 14 671 | 67 763 | 29 028 | −27 003 | 67 201 |
| Profit before income tax | −8120 | −14 537 | 1826 | 53 116 | 9857 | −51 415 | 39 130 |
| Profit for the reporting year | −8120 | −14 537 | 1826 | 53 116 | 9857 | −51 415 | 39 130 |
| Labour costs | 34 417 | 36 045 | 33 603 | 35 520 | 25 613 | 18 773 | 11 742 |
| Depreciation of non-current assets | 7670 | 11 231 | 12 176 | 14 029 | 18 216 | 20 978 | 25 268 |
| Other indicators | |||||||
| Employees | 3 | 3 | 3 | 3 | 2 | 2 | 1 |
| 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.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
The company is itself a contracting authority: 1 tenders. View tenders →
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Belwood OÜ
Overview
Belwood OÜ (registry code 12380775) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 13 years. Registered location: Punikvere küla, Peipsiääre vald, Tartu maakond. According to the latest annual report, the main activity is silviculture and other forestry activities (EMTAK 02101). The company is registered for VAT (VAT number EE101595320).
Financial results
Revenue in financial year 2025 was 44 079 €, down 31,6% on the previous year (64 460 €). From 2019 to 2025, revenue declined by an average of 8,0% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 39 130 € (88,8% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 44 079 €. At the end of financial year 2025, total assets were 163 817 € and equity 109 665 € (66,9% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 3238 €, up 144% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2221 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1470 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 25.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.