Zubax Robotics OÜ

Registered
12936899Private limited company (OÜ)Founded 2015
Tax debt 28 629 € as of 10.11.2026 (incl. 28 629 € in a payment schedule).Source: Tax and Customs Board

Key figures

328 098 €−24,2%
Revenue 2025
+13,1%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: Zubax Robotics OÜ

What kind of company is it?

Zubax Robotics OÜ (registry code 12936899) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is research and development in natural sciences and engineering (EMTAK 72101). The company is registered for VAT (VAT number EE102430222).

How is the company doing financially?

Revenue in financial year 2025 was 328 098 €, down 24,2% on the previous year (432 579 €). From 2019 to 2025, revenue grew by an average of 13,1% per year. Net profit for financial year 2025 was 13 786 € (4,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 82 025 €. At the end of financial year 2025, total assets were 185 115 € and equity 162 689 € (87,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 76 135 €, down 1,6% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 10 122 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1360 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (90%) is held by 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 13.07.2026. 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 202676 135 €510 122 €
Q2 2026148 932 €416 954 €
Q1 2026142 284 €424 760 €
Q4 202576 305 €412 490 €
Q3 202577 336 €413 349 €
Q2 202519 855 €415 377 €
Q1 202571 960 €421 869 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
20220 €
20212500 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue426 750359 448587 291432 579328 098
Net profit77 97210 65526 85616 85413 786
Retained earnings656684 53895 193122 049138 903
Total assets101 661112 262193 628215 702185 115
Total liabilities17 12317 06971 57966 79922 426
Total equity84 53895 193122 049148 903162 689
Employees24444
Average gross salary (monthly)6871103181632602275
Calculated dividend25000000

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 issue2 notes4 clear
Register status
Registered
Business Register
Tax debt
28 629 €
as of 10.11.2026 (incl. 28 629 € in a payment schedule)
Tax and Customs Board list of tax debtors
Enforcement and official notices
Published notices: 2
Earlier, publication ended (12 months): 1
  • Order to pay tax arrears · 31.07.2026 · 6054 €
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2025
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

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10%90%Zubax Robotics OÜ1Maksim NesterenkoPavel Kirienko
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 29 090 € (2018–2024). Largest grantors: Sihtasutus Tallinna Teaduspark TEHNOPOL (25 000 €), Eesti Töötukassa (4038 €), Ettevõtluse ja Innovatsiooni Sihtasutus (52 €).

Show all aid records (3)
20244038 €
201952 €
201825 000 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA4038 €06.05.2024
Ettevõtluse ja Innovatsiooni SihtasutusMuu52 €11.09.2019
Sihtasutus Tallinna Teaduspark TEHNOPOLMuu25 000 €01.01.2018

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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