Iluste OÜ

Registered
12831835Private limited company (OÜ)Founded 2015

Key figures

74 219 €+86,8%
Revenue 2025
+5,3%
Average annual growth 2019–2025
020 k40 k60 k80 k2019202020212022202320242025

Ratios

2025

Summary: Iluste OÜ

What kind of company is it?

Iluste OÜ (registry code 12831835) 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: Kirimäe küla, Lääne-Nigula vald, Lääne maakond. According to the latest annual report, the main activity is growing of cereals (except rice), pulses and oilseeds (EMTAK 01111). The company is registered for VAT (VAT number EE102011997).

How is the company doing financially?

Revenue in financial year 2025 was 74 219 €, up 86,8% on the previous year (39 740 €). From 2019 to 2025, revenue grew by an average of 5,3% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 19 367 € (26,1% of revenue). The company was profitable in 5 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 657 359 € and equity 180 073 € (27,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 9515 €, down 33,5% on the same quarter a year earlier.

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 29.06.2026. 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 20269515 €—0 €
Q2 202616 902 €—0 €
Q1 202632 978 €—710 €
Q4 202526 940 €10 €
Q3 202514 301 €10 €
Q2 20250 €10 €
Q1 202515 000 €1734 €

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 revenue50 89511 37540 28039 74074 219
Net profit7282−4548−10 84312 02019 367
Retained earnings156 793164 076159 528148 685160 706
Total assets286 106710 214677 315630 676657 359
Total liabilities122 031550 686528 630469 971477 286
Total equity164 075159 528148 685160 705180 073
Employees11100
Average gross salary (monthly)767475519——
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 obligationsAll 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
All on time
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

Click a node to see its other connections.

100%Iluste OÜ1Veiko Ilumäe
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

14 records

State aid and de minimis aid in total 35 154 € (2018–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (35 154 €).

Show all aid records (14)
20266512 €
202510 030 €
20244915 €
20232106 €
20222809 €
20214623 €
20202719 €
20181440 €

The total also includes 14 tax reductions worth 35 154 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies