Baltic Systems OÜ
RegisteredKey figures
Ratios
2025Summary: Baltic Systems OÜ
What kind of company is it?
Baltic Systems OÜ (registry code 12784886) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101816708).
How is the company doing financially?
Revenue in financial year 2025 was 461 082 €, down 12,4% on the previous year (526 243 €). From 2019 to 2025, revenue grew by an average of 23,4% per year. Net profit for financial year 2025 was 20 291 € (4,4% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 153 694 €. At the end of financial year 2025, total assets were 189 517 € and equity 116 318 € (61,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 101 635 €, down 2,0% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 6726 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1490 € 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 17.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 101 635 € | 3 | 6726 € |
| Q2 2026 | 113 463 € | 3 | 6726 € |
| Q1 2026 | 119 928 € | 3 | 6752 € |
| Q4 2025 | 130 347 € | 3 | 7049 € |
| Q3 2025 | 103 735 € | 3 | 7049 € |
| Q2 2025 | 117 394 € | 3 | 7198 € |
| Q1 2025 | 121 501 € | 3 | 6762 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 386 173 | 441 116 | 497 601 | 526 243 | 461 082 |
| Net profit | 18 099 | 73 431 | −5672 | −21 577 | 20 291 |
| Retained earnings | 65 307 | 83 406 | 120 776 | 115 104 | 93 527 |
| Total assets | 137 490 | 174 363 | 165 026 | 158 880 | 189 517 |
| Total liabilities | 51 584 | 15 026 | 47 422 | 62 853 | 73 199 |
| Total equity | 85 906 | 159 337 | 117 604 | 96 027 | 116 318 |
| Employees | 2 | 2 | 2 | 3 | 3 |
| Average gross salary (monthly) | 1070 | 1149 | 1327 | 1369 | 1535 |
| Calculated dividend | 0 | 0 | 36 061 | 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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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