BaltStart OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 64 696 € | 2 | 3682 € |
| Q2 2026 | 53 635 € | 2 | 3682 € |
| Q1 2026 | 13 015 € | 2 | 3854 € |
| Q4 2025 | 29 220 € | 2 | 4198 € |
| Q3 2025 | 42 576 € | 2 | 4198 € |
| Q2 2025 | 31 920 € | 2 | 4323 € |
| Q1 2025 | 77 249 € | 2 | 4305 € |
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 | 48 383 | 13 515 | 175 556 | 148 541 | 86 706 | 109 471 | 48 513 |
| Total non-current assets | 260 882 | 532 701 | 413 246 | 164 609 | 157 626 | 220 965 | 268 917 |
| Total assets | 309 265 | 546 216 | 588 802 | 313 150 | 244 332 | 330 436 | 317 430 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 70 147 | 46 490 | 112 750 | 5783 | 28 999 | 9580 | 7846 |
| Non-current liabilities | 155 000 | 438 000 | 387 400 | 192 400 | 112 400 | 210 000 | 170 000 |
| Total liabilities | 225 147 | 484 490 | 500 150 | 198 183 | 141 399 | 219 580 | 177 846 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | −6920 | −2882 | −25 274 | 1652 | 27 967 | 15 933 | 23 856 |
| Profit for the year | 4038 | −22 392 | 26 926 | 26 315 | −12 034 | 7923 | 28 728 |
| Reserves and other equity | 84 500 | 84 500 | 84 500 | 84 500 | 84 500 | 84 500 | 84 500 |
| Total equity | 84 118 | 61 726 | 88 652 | 114 967 | 102 933 | 110 856 | 139 584 |
| Income statement | |||||||
| Sales revenue | 173 500 | 116 440 | 41 482 | 128 298 | 175 796 | 207 781 | 131 515 |
| Operating profit | 4037 | −25 365 | 10 258 | 18 427 | −10 971 | 8943 | 27 827 |
| EBITDA | 13 277 | −238 | 31 841 | 39 566 | 14 410 | 37 582 | 61 091 |
| Profit before income tax | 4038 | −22 392 | 26 926 | 26 315 | −12 034 | 7923 | 28 728 |
| Profit for the reporting year | 4038 | −22 392 | 26 926 | 26 315 | −12 034 | 7923 | 28 728 |
| Labour costs | 16 060 | 16 056 | 16 056 | 14 956 | 20 232 | 34 715 | 38 667 |
| Depreciation of non-current assets | 9240 | 25 127 | 21 583 | 21 139 | 25 381 | 28 639 | 33 264 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| 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.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
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Summary: BaltStart OÜ
Overview
BaltStart OÜ (registry code 14493638) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and leasing of other machinery, equipment and tangible goods n.e.c. (EMTAK 77399). The company is registered for VAT (VAT number EE102073346).
Financial results
Revenue in financial year 2025 was 131 515 €, down 36,7% on the previous year (207 781 €). From 2019 to 2025, revenue declined by an average of 4,5% per year. Net profit for financial year 2025 was 28 728 € (21,8% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 65 758 €. At the end of financial year 2025, total assets were 317 430 € and equity 139 584 € (44,0% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 64 696 €, up 52,0% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 3682 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1260 € per month.
Management and owners
The management board has 2 members. The sole owner of the company is Gomab (Swiss) AG.
Data sources and freshness
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 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (894500MII3MKLMZM9F16) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.