Binalyze OÜRegistered
Key figures
5 115 018 €+80,9%
Revenue 2025
+85,9%
Average annual growth 2019–2025
Ratios
2025−157,1%
Profit margin
−160,1%
EBITDA margin
58,2%
Equity ratio
2,4×
Current ratio
−76,5%
Return on equity
6197 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 1 832 729 € | 3 | 31 579 € |
| Q1 2026 | 2 744 824 € | 2 | 59 523 € |
| Q4 2025 | 2 563 065 € | 2 | 40 243 € |
| Q3 2025 | 494 677 € | 2 | 33 071 € |
| Q2 2025 | 1 179 597 € | 2 | 38 055 € |
| Q1 2025 | 1 320 324 € | 2 | 47 767 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 97 781 | 1 537 494 | 4 004 849 | 3 327 777 | 12 360 246 | 7 070 085 | 17 965 125 |
| Total non-current assets | — | 2565 | 188 524 | 535 912 | 57 200 | 117 707 | 90 804 |
| Total assets | 97 781 | 1 540 059 | 4 193 373 | 3 863 689 | 12 417 446 | 7 187 792 | 18 055 929 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 9779 | 16 171 | 302 501 | 1 038 102 | 1 893 187 | 3 511 398 | 7 553 031 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 9779 | 16 171 | 302 501 | 1 038 102 | 1 893 187 | 3 511 398 | 7 553 031 |
| Share capital | 2500 | 13 274 | 13 274 | 17 452 | 26 700 | 28 640 | 36 283 |
| Retained earnings of previous periods | 25 258 | 77 975 | 13 885 | −1 346 392 | −7 775 306 | −17 574 613 | −25 201 550 |
| Profit for the year | 60 244 | −64 090 | −1 360 277 | −6 428 913 | −9 799 778 | −6 850 275 | −8 034 066 |
| Reserves and other equity | — | 1 496 729 | 5 223 990 | 10 583 440 | 28 072 643 | 28 072 642 | 43 702 231 |
| Total equity | 88 002 | 1 523 888 | 3 890 872 | 2 825 587 | 10 524 259 | 3 676 394 | 10 502 898 |
| Income statement | |||||||
| Sales revenue | 123 886 | 112 828 | 159 426 | 701 173 | 1 502 182 | 2 827 826 | 5 115 018 |
| Operating profit | 60 244 | −64 093 | −1 483 578 | −6 770 636 | −9 454 324 | −7 113 579 | −8 205 103 |
| EBITDA | — | −64 049 | −1 468 718 | −6 743 020 | −9 422 112 | −7 089 253 | −8 187 030 |
| Profit before income tax | 60 244 | −64 090 | −1 360 277 | −6 428 913 | −9 799 778 | −6 850 275 | −8 034 066 |
| Profit for the reporting year | 60 244 | −64 090 | −1 360 277 | −6 428 913 | −9 799 778 | −6 850 275 | −8 034 066 |
| Labour costs | 23 171 | 55 667 | 114 649 | 311 792 | 1 085 840 | 1 037 248 | 1 910 687 |
| Depreciation of non-current assets | — | 44 | 14 860 | 27 616 | 32 212 | 24 326 | 18 073 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 3 | 4 | 11 | 12 |
| Calculated dividend | — | 0 | 0 | 0 | 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.
Connections graph
There are too many connections to show clearly as a graph (47 nodes). All connections are listed in the “Related people” card.
Related companies
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