Xetex Baltic OÜ
RegisteredKey figures
Ratios
2025Summary: Xetex Baltic OÜ
What kind of company is it?
Xetex Baltic OÜ (registry code 14200398) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of motor vehicles (EMTAK 46711). The company is registered for VAT (VAT number EE101949727).
How is the company doing financially?
Revenue in financial year 2025 was 27 670 000 €, down 32,6% on the previous year (41 033 000 €). From 2019 to 2025, revenue declined by an average of 3,8% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 282 000 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 10 employees. Revenue per employee was 2 767 000 €. At the end of financial year 2025, total assets were 12 855 000 € and equity 2 831 000 € (22,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 7 871 936 €, down 7,6% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 95 666 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5650 € per month.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is Xetex Capital OÜ.
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. Latest register change: 05.11.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 10.07.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 7 871 936 € | 10 | 95 666 € |
| Q2 2026 | 11 373 818 € | 10 | 93 720 € |
| Q1 2026 | 6 492 688 € | 10 | 95 769 € |
| Q4 2025 | 6 601 776 € | 10 | 98 061 € |
| Q3 2025 | 8 522 552 € | 10 | 100 651 € |
| Q2 2025 | 9 885 812 € | 10 | 91 025 € |
| Q1 2025 | 6 820 069 € | 10 | 89 733 € |
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 | 31 325 000 | 41 544 000 | 32 543 000 | 41 033 000 | 27 670 000 |
| Net profit | 602 000 | 959 000 | 685 000 | −892 000 | −282 000 |
| Retained earnings | −75 000 | 527 000 | 1 486 000 | 1 955 000 | 1 063 000 |
| Total assets | 7 351 000 | 9 639 000 | 17 845 000 | 25 620 000 | 12 855 000 |
| Total liabilities | 4 774 000 | 6 103 000 | 13 624 000 | 22 507 000 | 10 024 000 |
| Total equity | 2 577 000 | 3 536 000 | 4 221 000 | 3 113 000 | 2 831 000 |
| Employees | 9 | 10 | 10 | 10 | 10 |
| Average gross salary (monthly) | 5834 | 5543 | 5661 | 5381 | 6191 |
| Calculated dividend | — | 0 | 0 | 216 000 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligations1 note1 for information6 clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 143 857 € from 1 contracting authorities (21.11.2025–21.11.2025).
Show contracts (1)
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Paadi ost | Sihtasutus Osmussaare Fond | 143 857 € | 21.11.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Change history
2 changes- 09.11.2026*Name changed: NCG Import Baltics OÜ → Xetex Baltic OÜ
- 05.11.2026Registry entry changed
Entered in the register on 07.02.2017.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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