Timbeco Construction OÜ
RegisteredKey figures
Ratios
2025Summary: Timbeco Construction OÜ
What kind of company is it?
Timbeco Construction OÜ (registry code 14284202) 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: Tõdva küla, Saku vald, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101994316).
How is the company doing financially?
Revenue in financial year 2025 was 552 957 €, down 38,5% on the previous year (898 936 €). From 2019 to 2025, revenue declined by an average of 8,8% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 64 547 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 6 employees (11 a year earlier). Revenue per employee was 92 160 €. At the end of financial year 2025, total assets were 368 967 € and equity 38 629 € (10,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 143 592 €, up 278% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 16 704 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4960 € per month.
Who runs the company and who owns it?
The management board has 4 members. According to the register, the company has 4 owners. The largest stake (58%) 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 12.08.2026. 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 | 143 592 € | 2 | 16 704 € |
| Q2 2026 | 344 494 € | 2 | 23 218 € |
| Q1 2026 | 378 719 € | 2 | 23 364 € |
| Q4 2025 | 56 590 € | 2 | 23 483 € |
| Q3 2025 | 37 962 € | 3 | 21 414 € |
| Q2 2025 | 89 849 € | 6 | 73 295 € |
| Q1 2025 | 91 359 € | 10 | 37 049 € |
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 | 2 730 746 | 1 515 947 | 985 149 | 898 936 | 552 957 |
| Net profit | 202 822 | 74 177 | −66 401 | −39 923 | −64 547 |
| Retained earnings | 74 123 | 132 822 | 206 999 | 140 598 | 100 676 |
| Total assets | 799 980 | 609 483 | 532 110 | 497 040 | 368 967 |
| Total liabilities | 520 535 | 399 984 | 389 012 | 393 865 | 330 338 |
| Total equity | 279 445 | 209 499 | 143 098 | 103 175 | 38 629 |
| Employees | 18 | 15 | 12 | 11 | 6 |
| Average gross salary (monthly) | 3183 | 3122 | 3545 | 3287 | 3702 |
| Calculated dividend | 0 | 144 123 | 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 obligations1 note6 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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