Clever Developments Company OÜ

Registered
12385028Private limited company (OÜ)Founded 2012

Key figures

98 405 €−25,4%
Revenue 2025
+2,6%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Clever Developments Company OÜ

What kind of company is it?

Clever Developments Company OÜ (registry code 12385028) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102297973).

How is the company doing financially?

Revenue in financial year 2025 was 98 405 €, down 25,4% on the previous year (131 967 €). From 2019 to 2025, revenue grew by an average of 2,6% per year. Financial year 2025 ended with a loss of 4681 €. The company was profitable in 3 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 205 777 € and equity 205 696 € (100,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 96 649 €, up 148% on the same quarter a year earlier.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

Where does the data come from and how fresh is it?

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 06.03.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202696 649 €——
Q2 2026102 523 €——
Q1 202671 758 €——
Q4 202534 922 €——
Q3 202538 965 €——
Q2 202536 053 €——
Q1 202551 868 €——

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue78 72462 56989 051131 96798 405
Net profit16 660−11 095−866764 184−4681
Retained earnings146 795163 455152 360143 692207 877
Total assets166 015154 860146 253210 547205 777
Total liabilities6006017181
Total equity165 955154 860146 193210 376205 696
Employees00000
Calculated dividend00000

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 obligations1 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
50%50%Clever Developments C…Ihor BashtanenkoYevhenii BashtanenkoIhor Bashtanenko
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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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