M Rect OÜ
RegisteredKey figures
Ratios
2025Summary: M Rect OÜ
What kind of company is it?
M Rect OÜ (registry code 16552115) 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: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102760811).
How is the company doing financially?
Revenue in financial year 2025 was 328 663 €, up 188% on the previous year (114 257 €). From 2022/23 to 2025, revenue grew by an average of 293% per year. Net profit for financial year 2025 was 155 654 € (47,4% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 4 employees (2 a year earlier). Revenue per employee was 82 166 €. At the end of financial year 2025, total assets were 213 085 € and equity 207 505 € (97,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 148 129 €, up 22,3% on the same quarter a year earlier. The company had 19 employees in that quarter. Labour taxes paid in the quarter: 7772 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 440 € 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 2025) was filed on 18.09.2026. 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 | 148 129 € | 19 | 7772 € |
| Q2 2026 | 122 027 € | 11 | 4777 € |
| Q1 2026 | 38 624 € | 8 | 2141 € |
| Q4 2025 | 85 386 € | 5 | 2526 € |
| Q3 2025 | 121 100 € | 9 | 3599 € |
| Q2 2025 | 67 253 € | 15 | 3290 € |
| Q1 2025 | 43 616 € | 8 | 1701 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2023–2025
| 2022/23 | 2024 | 2025 | |
|---|---|---|---|
| Sales revenue | 21 239 | 114 257 | 328 663 |
| Net profit | 12 331 | 39 520 | 155 654 |
| Retained earnings | 0 | 12 331 | 51 851 |
| Total assets | 12 331 | 58 551 | 213 085 |
| Total liabilities | — | 6700 | 5580 |
| Total equity | 12 331 | 51 851 | 207 505 |
| Employees | 1 | 2 | 4 |
| Average gross salary (monthly) | — | 544 | 601 |
| Calculated dividend | — | 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 obligations1 note6 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
1 recordState aid and de minimis aid in total 3000 € (2025). Largest grantors: Eesti Töötukassa (3000 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3000 € | 01.03.2025 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Change history
1 change- 12.10.2026*Annual report 2025 filed
Entered in the register on 11.08.2022.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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