MTSS Development OÜ

Registered
16274797Private limited company (OÜ)Founded 2021

Key figures

596 037 €−69,5%
Revenue 2025
+9,7%
Average annual growth 2021/22–2025
0500 k1 m1,5 m2 m2021/22202320242025

Ratios

2025

Summary: MTSS Development OÜ

What kind of company is it?

MTSS Development OÜ (registry code 16274797) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102454169).

How is the company doing financially?

Revenue in financial year 2025 was 596 037 €, down 69,5% on the previous year (1 954 219 €). From 2021/22 to 2025, revenue grew by an average of 9,7% per year. Financial year 2025 ended with a loss of 477 695 €. The company was profitable in 2 of the 4 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 448 647 € and equity 305 431 € (68,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 177 458 €, down 28,8% on the same quarter a year earlier.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (90%) 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 06.04.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026177 458 €—0 €
Q2 2026180 333 €—0 €
Q1 2026233 816 €—0 €
Q4 2025204 045 €—0 €
Q3 2025249 398 €—0 €
Q2 2025247 809 €—0 €
Q1 2025363 303 €—0 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2022–2025
2021/22202320242025
Sales revenue451 824685 9581 954 219596 037
Net profit242 115−14 370555 381−477 695
Retained earnings—242 115227 745783 126
Total assets244 099465 971963 910448 647
Total liabilities1984238 226180 784143 216
Total equity242 115227 745783 126305 431
Employees0000
Calculated dividend——00

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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90%10%MTSS Development OÜ1Alexei CaşceevSergiu Mereuta
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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