Balmein OÜ

Registered
12670378Private limited company (OÜ)Founded 2014
Tax debt 1038 € as of 09.11.2026 (incl. 1038 € in a payment schedule).Source: Tax and Customs Board

Key figures

42 079 €+19,1%
Revenue 2025
−3,7%
Average annual change 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025

Summary: Balmein OÜ

What kind of company is it?

Balmein OÜ (registry code 12670378) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 12 years. Registered location: Nõmme linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of other leather goods and similar products of any material (EMTAK 15129). The company is registered for VAT (VAT number EE101721288).

How is the company doing financially?

Revenue in financial year 2025 was 42 079 €, up 19,1% on the previous year (35 319 €). From 2019 to 2025, revenue declined by an average of 3,7% per year. Net profit for financial year 2025 was 14 487 € (34,4% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 42 079 €. At the end of financial year 2025, total assets were 15 756 € and equity 1389 € (8,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 5117 €, down 40,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 637 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 570 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 30.06.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20265117 €1637 €
Q2 20269154 €1975 €
Q1 202610 236 €1911 €
Q4 20258666 €1822 €
Q3 20258598 €1844 €
Q2 20259348 €1844 €
Q1 20259880 €1812 €

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 revenue34 06340 98250 71735 31942 079
Net profit865−6561−6372179514 487
Retained earnings−15 562−4461−11 021−17 393−15 598
Total assets681172626563669515 756
Total liabilities19 00815 78421 45619 79314 367
Total equity−12 197−8522−14 893−13 0981389
Employees33311
Average gross salary (monthly)383531639982465
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 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
1038 €
as of 09.11.2026 (incl. 1038 € in a payment schedule)
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.

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100%Balmein OÜ1Liis Aluve
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 1065 € (2019–2023). Largest grantors: Tallinna Strateegiakeskus (1065 €).

Show all aid records (3)
2023329 €
2022427 €
2019310 €
GrantorPurposeAmountDate
Tallinna StrateegiakeskusMessil osalemine (VTA)329 €31.10.2023
Tallinna StrateegiakeskusMessil osalemine (VTA)427 €17.10.2022
Tallinna StrateegiakeskusMessil osalemine (VTA)310 €17.10.2019

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.

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