baltcode OÜ
RegisteredKey figures
Ratios
2024/25Summary: baltcode OÜ
What kind of company is it?
Baltcode OÜ (registry code 14854881) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 6 years. Registered location: Tiskre küla, Harku vald, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102390320).
How is the company doing financially?
Revenue in financial year 2024/25 was 81 866 €, down 3,3% on the previous year (84 623 €). From 2019/20 to 2024/25, revenue grew by an average of 63,5% per year. Net profit for financial year 2024/25 was 34 454 € (42,1% of revenue). The company was profitable in all 6 published financial years. In financial year 2024/25 the company had 2 employees. Revenue per employee was 40 933 €. At the end of financial year 2024/25, total assets were 105 161 € and equity 103 418 € (98,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 21 336 €, up 33,7% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1939 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 760 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is 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 2024/25) was filed on 13.01.2026. 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 | 21 336 € | 2 | 1939 € |
| Q2 2026 | 6005 € | 2 | 4567 € |
| Q1 2026 | 6972 € | 2 | 4089 € |
| Q4 2025 | 20 112 € | 2 | 3587 € |
| Q3 2025 | 15 962 € | 2 | 3075 € |
| Q2 2025 | 23 652 € | 2 | 2819 € |
| Q1 2025 | 18 360 € | 2 | 2790 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 23 000 € (26% of distributable profit).
Summary of financial statements2021–2025
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 36 740 | 63 850 | 69 629 | 84 623 | 81 866 |
| Net profit | 20 445 | 34 790 | 38 629 | 44 945 | 34 454 |
| Retained earnings | 2854 | 4700 | 11 890 | 44 519 | 66 464 |
| Total assets | 26 236 | 42 776 | 53 536 | 92 867 | 105 161 |
| Total liabilities | 436 | 786 | 517 | 903 | 1743 |
| Total equity | 25 800 | 41 990 | 53 019 | 91 964 | 103 418 |
| Employees | 1 | 1 | 1 | 2 | 2 |
| Average gross salary (monthly) | 741 | 1206 | 1233 | 902 | 1076 |
| Calculated dividend | 0 | 18 599 | 27 600 | 6000 | 23 000 |
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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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