Mereo Group OÜ
RegisteredKey figures
Ratios
2024Summary: Mereo Group OÜ
What kind of company is it?
Mereo Group OÜ (registry code 12438776) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of other special-purpose machinery n.e.c. (EMTAK 28991). The company is registered for VAT (VAT number EE101655587).
How is the company doing financially?
Revenue in financial year 2024 was 131 220 €, down 59,7% on the previous year (325 373 €). From 2019 to 2024, revenue declined by an average of 21,4% per year. This is the company's lowest revenue among the published years (2019–2024). Financial year 2024 ended with a loss of 362 735 €. The company was profitable in 3 of the 6 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 1 059 077 € and equity 696 885 € (65,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 13 owners. The largest stake (59,6%) is held by Mereo Holding OÜ.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 30.06.2025. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | — | — |
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 0 € | — | — |
| Q4 2025 | 0 € | — | — |
| Q3 2025 | 0 € | — | — |
| Q2 2025 | 0 € | — | — |
| Q1 2025 | 0 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 243 893 | 514 320 | 398 652 | 325 373 | 131 220 |
| Net profit | 24 820 | 719 | −24 574 | −67 365 | −362 735 |
| Retained earnings | 462 455 | 487 275 | 487 994 | 463 420 | 396 055 |
| Total assets | 1 090 236 | 1 390 752 | 1 459 208 | 1 485 872 | 1 059 077 |
| Total liabilities | 200 914 | 239 193 | 332 223 | 426 252 | 362 192 |
| Total equity | 889 322 | 1 151 559 | 1 126 985 | 1 059 620 | 696 885 |
| Employees | 1 | 4 | 2 | 0 | 0 |
| Average gross salary (monthly) | 1135 | 696 | 770 | — | — |
| Calculated dividend | 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 obligations1 issue1 for information5 clear
Data from public registers, not a credit rating.
Connections graph9 of 14 people
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The graph shows the largest/first people in each role (9 of 14). All connections are listed on the “Related people” card.
State aid and grants
3 recordsState aid and de minimis aid in total 214 986 € (2017–2022). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (214 986 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 199 176 € | 11.01.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 3969 € | 26.03.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 11 841 € | 21.04.2017 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.