Loovatech OÜ

Registered
16482969Private limited company (OÜ)Founded 2022
Annual report for 2025 not filed.

Key figures

83 732 €−66,5%
Revenue 2024
+113,4%
Average annual growth 2022–2024
0100 k200 k300 k202220232024

Ratios

2024

Summary: Loovatech OÜ

What kind of company is it?

Loovatech OÜ (registry code 16482969) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 4 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 EE102589089).

How is the company doing financially?

Revenue in financial year 2024 was 83 732 €, down 66,5% on the previous year (250 157 €). From 2022 to 2024, revenue grew by an average of 113% per year. Financial year 2024 ended with a loss of 19 692 €. The company was profitable in 2 of the 3 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 19 486 € and equity 16 332 € (83,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 17 240 €, up 316% on the same quarter a year earlier.

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.

What should you look out for?

The annual report for financial year 2025 has not been filed on time.

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) was filed on 29.09.2025. 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 202617 240 €——
Q2 202619 437 €——
Q1 20262316 €——
Q4 20252250 €——
Q3 20254143 €——
Q2 20258297 €——
Q1 202513 425 €——

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

Dividends

calculated
2024

Distributed as dividends 18 381 € (34% of distributable profit).

Summary of financial statements2022–2024
202220232024
Sales revenue18 381250 15783 732
Net profit18 38136 024−19 692
Retained earnings—18 38136 024
Total assets18 38156 37919 486
Total liabilities—19743154
Total equity18 38154 40516 332
Employees000
Calculated dividend——18 381

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 issue5 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
2/3 filed
Not filed: 2025
Filed late: 2024
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Loovatech OÜOleg Balashov
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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