Circulo Baltic OÜ

Registered
16873500Private limited company (OÜ)Founded 2023
Tax debt 16 641 € as of 09.11.2026 (incl. 16 474 € in a payment schedule).Source: Tax and Customs Board

Key figures

7957 €+95,8%
Revenue 2025
+95,8%
Average annual growth 2023/24–2025
02 k4 k6 k8 k2023/242025

Ratios

2025

Summary: Circulo Baltic OÜ

What kind of company is it?

Circulo Baltic OÜ (registry code 16873500) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 2 years. Registered location: Laulasmaa küla, Lääne-Harju vald, Harju maakond. According to the latest annual report, the main activity is wholesale of fabrics, household textiles and haberdashery (EMTAK 46411). The company is registered for VAT (VAT number EE102684874).

How is the company doing financially?

Revenue in financial year 2025 was 7957 €, up 95,8% on the previous year (4063 €). Financial year 2025 ended with a loss of 39 557 €. In financial year 2025 the company had 2 employees. Revenue per employee was 3979 €. At the end of financial year 2025, total assets were 102 595 € and equity 6688 € (6,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 491 €, up 355% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 956 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 750 € 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 14.07.2026. 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 2026491 €1956 €
Q2 20263637 €10 €
Q1 202610 333 €13264 €
Q4 20253478 €1765 €
Q3 2025108 €12158 €
Q2 2025167 €11266 €
Q1 2025811 €1966 €

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

Summary of financial statements2024–2025
2023/242025
Sales revenue40637957
Net profit1244−39 557
Retained earnings—1244
Total assets71 831102 595
Total liabilities70 58695 907
Total equity12456688
Employees22
Average gross salary (monthly)780511
Calculated dividend—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 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
16 641 €
as of 09.11.2026 (incl. 16 474 € in a payment schedule)
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
2/2 filed
Filed late: 2024, 2025
Business Register · 2024–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Circulo Baltic OÜ4Merje Helemäe
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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