Välek OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 55 334 € | 10 | 6338 € |
| Q2 2026 | 67 800 € | 10 | 5666 € |
| Q1 2026 | 72 717 € | 10 | 7904 € |
| Q4 2025 | 72 400 € | 10 | 5601 € |
| Q3 2025 | 57 758 € | 10 | 6473 € |
| Q2 2025 | 91 773 € | 10 | 6914 € |
| Q1 2025 | 99 973 € | 10 | 8114 € |
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 | 70 157 | 73 661 | 90 582 | 145 315 | 117 368 | 154 873 | 144 611 |
| Total non-current assets | 19 019 | 13 054 | 14 485 | 15 316 | 10 699 | 3798 | 37 991 |
| Total assets | 89 176 | 86 715 | 105 067 | 160 631 | 128 067 | 158 671 | 182 602 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 12 538 | 20 884 | 37 358 | 81 249 | 47 710 | 62 539 | 82 578 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 12 538 | 20 884 | 37 358 | 81 249 | 47 710 | 62 539 | 82 578 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 62 712 | 76 388 | 65 584 | 67 459 | 79 147 | 80 107 | 93 381 |
| Profit for the year | 13 676 | −10 807 | 1875 | 11 673 | 960 | 15 775 | 3893 |
| Reserves and other equity | −2250 | −2250 | −2250 | −2250 | −2250 | −2250 | 250 |
| Total equity | 76 638 | 65 831 | 67 709 | 79 382 | 80 357 | 96 132 | 100 024 |
| Income statement | |||||||
| Sales revenue | 167 265 | 220 319 | 360 277 | 608 924 | 652 622 | 526 230 | 301 670 |
| Operating profit | 14 205 | −10 064 | 1794 | 11 610 | 560 | 14 639 | 3702 |
| EBITDA | 21 588 | −3206 | 7077 | 20 932 | 10 205 | 22 640 | 9101 |
| Profit before income tax | 13 676 | −10 807 | 1875 | 11 673 | 960 | 15 775 | 4598 |
| Profit for the reporting year | 13 676 | −10 807 | 1875 | 11 673 | 960 | 15 775 | 3893 |
| Labour costs | 69 514 | 90 383 | 127 206 | 198 740 | 222 445 | 126 630 | 77 906 |
| Depreciation of non-current assets | 7383 | 6858 | 5283 | 9322 | 9645 | 8001 | 5399 |
| Other indicators | |||||||
| Employees | 17 | 10 | 10 | 18 | 19 | 11 | 8 |
| 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.
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Public procurement
14 contractsPublic contracts won worth 0 € from 6 contracting authorities (22.12.2023–13.11.2025). Plus 13 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Kirjaliku tõlke teenus Meremuuseumile 2025-2029 | Sihtasutus Eesti Meremuuseum | up to 63 € | 13.11.2025 |
| Kirjaliku ja suulise tõlketeenuse tellimine erinevatele riigiasutustele · Ukraina keele suuline ja kirjalik tõlketeenus | Riigi Tugiteenuste Keskus | up to 60 000 € | 11.04.2025 |
| Kirjaliku ja suulise tõlketeenuse tellimine erinevatele riigiasutustele · Ukraina keele suuline ja kirjalik tõlketeenus | Riigi Tugiteenuste Keskus | up to 120 000 € | 10.04.2025 |
| Kirjaliku tõlke teenus Eesti kohtutele | Riigi Tugiteenuste Keskus | up to 2 630 000 € | 25.02.2025 |
| Kirjaliku tõlketeenuse ostmine Eesti Energia AS-ile ja tütarettevõtjatele | Eesti Energia AS | up to 400 000 € | 07.11.2024 |
| Kirjalik tõlketeenus | Eesti Töötukassa | up to 30 000 € | 03.07.2024 |
| Suuline ja kirjalik tõlketeenus erinevatele keeltele · Läti keel kirjalik tõlge | Politsei- ja Piirivalveamet | up to 160 000 € | 31.01.2024 |
| Suuline ja kirjalik tõlketeenus erinevatele keeltele · Vene keel kirjalik tõlge | Politsei- ja Piirivalveamet | up to 120 000 € | 31.01.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Välek OÜ
Overview
Välek OÜ (registry code 12725926) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is translation and interpretation activities (EMTAK 74301). The company is registered for VAT (VAT number EE101762014).
Financial results
Revenue in financial year 2025 was 301 670 €, down 42,7% on the previous year (526 230 €). From 2019 to 2025, revenue grew by an average of 10,3% per year. Net profit for financial year 2025 was 3893 € (1,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 8 employees (11 a year earlier). Revenue per employee was 37 709 €. At the end of financial year 2025, total assets were 182 602 € and equity 100 024 € (54,8% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 55 334 €, down 4,2% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 6338 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 570 € per month.
Management and owners
The company has one management board member. According to the register, the company has 2 owners. The largest stake (70%) is held by 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 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.