aktsiaselts Balteco

Active Registry code 10114118 AS Jälgimäe küla Registered 10 Dec 1996
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aktsiaselts Balteco is a AS based in Jälgimäe küla, registry code 10114118, status: active. Main activity: Manufacture of plastic sanitary ware (baths, washbasins, etc.). According to EMTA, turnover for Q3 2026 was €1 776 210 with 34 employees.

Turnover
1 776 210 €
↓ 14.8% vs Q2 2026
State taxes
122 326 €
↑ 11.3% vs Q2 2026
Labour taxes
119 823 €
↑ 10.2% vs Q2 2026
Employees
34
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of rubber and plastic products · EMTAK 22

  • Turnover · Q3 2026 1.8 mn €
    industry median 106 485 € · companies in the industry: 208
  • Labour taxes per employee 3 524 €
    industry median 2 610 € · companies in the industry: 151
  • Revenue · 2024 5.7 mn €
    industry median 164 331 € · companies in the industry: 252
  • Net profit margin · 2024 1.0 %
    industry median 3.1 % · companies in the industry: 204

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 776 210 € · −14.8% vs Q2 2026 · industry median 106 485 € · above 87% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 692 919 € Industry median: 170 143 €Q4·23Q1 2024 Company: 1 683 855 € Industry median: 121 413 €Q2 2024 Company: 2 026 400 € Industry median: 131 871 €Q2·24Q3 2024 Company: 1 513 551 € Industry median: 120 493 €Q4 2024 Company: 1 874 544 € Industry median: 141 373 €Q4·24Q1 2025 Company: 1 886 435 € Industry median: 116 258 €Q2 2025 Company: 1 855 908 € Industry median: 122 692 €Q2·25Q3 2025 Company: 1 404 615 € Industry median: 110 786 €Q4 2025 Company: 1 925 841 € Industry median: 127 437 €Q4·25Q1 2026 Company: 1 553 740 € Industry median: 113 726 €Q2 2026 Company: 2 085 471 € Industry median: 114 508 €Q2·26Q3 2026 Company: 1 776 210 € Industry median: 106 485 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 874 544 € Industry median: 141 373 €Q1 2025 Company: 1 886 435 € Industry median: 116 258 €Q1·25Q2 2025 Company: 1 855 908 € Industry median: 122 692 €Q3 2025 Company: 1 404 615 € Industry median: 110 786 €Q3·25Q4 2025 Company: 1 925 841 € Industry median: 127 437 €Q1 2026 Company: 1 553 740 € Industry median: 113 726 €Q1·26Q2 2026 Company: 2 085 471 € Industry median: 114 508 €Q3 2026 Company: 1 776 210 € Industry median: 106 485 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 524 € · +10.2% vs Q2 2026 · industry median 2 610 € · above 73% of the industry
01 0002 0003 0004 000Q4 2023 Company: 3 191 € Industry median: 2 307 €Q4·23Q1 2024 Company: 3 066 € Industry median: 2 332 €Q2 2024 Company: 2 973 € Industry median: 2 307 €Q2·24Q3 2024 Company: 3 353 € Industry median: 2 588 €Q4 2024 Company: 3 245 € Industry median: 2 489 €Q4·24Q1 2025 Company: 3 863 € Industry median: 2 462 €Q2 2025 Company: 3 545 € Industry median: 2 530 €Q2·25Q3 2025 Company: 3 570 € Industry median: 2 611 €Q4 2025 Company: 3 384 € Industry median: 2 765 €Q4·25Q1 2026 Company: 3 236 € Industry median: 2 560 €Q2 2026 Company: 3 197 € Industry median: 2 415 €Q2·26Q3 2026 Company: 3 524 € Industry median: 2 610 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 245 € Industry median: 2 489 €Q1 2025 Company: 3 863 € Industry median: 2 462 €Q1·25Q2 2025 Company: 3 545 € Industry median: 2 530 €Q3 2025 Company: 3 570 € Industry median: 2 611 €Q3·25Q4 2025 Company: 3 384 € Industry median: 2 765 €Q1 2026 Company: 3 236 € Industry median: 2 560 €Q1·26Q2 2026 Company: 3 197 € Industry median: 2 415 €Q3 2026 Company: 3 524 € Industry median: 2 610 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 34 · +0.0% vs Q2 2026
010203040Q4 2023 Company: 36Q4·23Q1 2024 Company: 37Q2 2024 Company: 37Q2·24Q3 2024 Company: 35Q4 2024 Company: 34Q4·24Q1 2025 Company: 35Q2 2025 Company: 34Q2·25Q3 2025 Company: 34Q4 2025 Company: 34Q4·25Q1 2026 Company: 34Q2 2026 Company: 34Q2·26Q3 2026 Company: 34Q3·26010203040Q4 2024 Company: 34Q1 2025 Company: 35Q1·25Q2 2025 Company: 34Q3 2025 Company: 34Q3·25Q4 2025 Company: 34Q1 2026 Company: 34Q1·26Q2 2026 Company: 34Q3 2026 Company: 34Q3·26
State taxes, € thousand Q3 2026: 122 326 € · +11.3% vs Q2 2026
0255075100125Q4 2023 Company: 109 483 €Q4·23Q1 2024 Company: 108 054 €Q2 2024 Company: 109 138 €Q2·24Q3 2024 Company: 124 633 €Q4 2024 Company: 105 173 €Q4·24Q1 2025 Company: 115 261 €Q2 2025 Company: 114 391 €Q2·25Q3 2025 Company: 113 102 €Q4 2025 Company: 109 677 €Q4·25Q1 2026 Company: 104 518 €Q2 2026 Company: 109 926 €Q2·26Q3 2026 Company: 122 326 €Q3·260255075100125Q4 2024 Company: 105 173 €Q1 2025 Company: 115 261 €Q1·25Q2 2025 Company: 114 391 €Q3 2025 Company: 113 102 €Q3·25Q4 2025 Company: 109 677 €Q1 2026 Company: 104 518 €Q1·26Q2 2026 Company: 109 926 €Q3 2026 Company: 122 326 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 776 210 122 326 119 823 34
Q2 2026 2 085 471 109 926 108 686 34
Q1 2026 1 553 740 104 518 110 014 34
Q4 2025 1 925 841 109 677 115 062 34
Q3 2025 1 404 615 113 102 121 394 34
Q2 2025 1 855 908 114 391 120 513 34
Q1 2025 1 886 435 115 261 135 191 35
Q4 2024 1 874 544 105 173 110 345 34
Q3 2024 1 513 551 124 633 117 366 35
Q2 2024 2 026 400 109 138 110 000 37
Q1 2024 1 683 855 108 054 113 453 37
Q4 2023 1 692 919 109 483 114 887 36
Q3 2023 1 814 097 122 286 128 462 39
Q2 2023 2 558 410 118 956 114 917 39
Q1 2023 1 957 888 116 060 122 883 39
Q4 2022 2 496 741 105 366 111 201 38
Q3 2022 2 076 624 118 296 126 162 40
Q2 2022 2 330 519 114 441 121 779 40
Q1 2022 2 101 617 116 767 123 239 41
Labour taxes per employee per month
1 175 €
Turnover per employee in the quarter
52 241 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2024: 5 719 561 € · −17.3% vs 2023 · industry median 164 331 € · above 90% of the industry
02 0004 0006 0008 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5 520 942 € Industry median: 255 288 €20192020 Company: 5 548 039 € Industry median: 291 890 €20202021 Company: 6 463 647 € Industry median: 318 494 €20212022 Company: 7 813 299 € Industry median: 270 206 €20222023 Company: 6 915 509 € Industry median: 187 067 €20232024 Company: 5 719 561 € Industry median: 164 331 €20242025 Company: — Industry median: 141 025 €202502 0004 0006 0008 0002018 Company: — Industry median: —2019 Company: 5 520 942 € Industry median: 255 288 €20192020 Company: 5 548 039 € Industry median: 291 890 €2021 Company: 6 463 647 € Industry median: 318 494 €20212022 Company: 7 813 299 € Industry median: 270 206 €2023 Company: 6 915 509 € Industry median: 187 067 €20232024 Company: 5 719 561 € Industry median: 164 331 €2025 Company: — Industry median: 141 025 €2025
  • Company
  • Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2024: 54 423 € · +135.3% vs 2023 · industry median 448 € · above 78% of the industry
-20002004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -2 425 € Industry median: 1 709 €20192020 Company: 602 214 € Industry median: 3 806 €20202021 Company: 578 717 € Industry median: 5 923 €20212022 Company: 100 530 € Industry median: 2 269 €20222023 Company: -153 983 € Industry median: 1 083 €20232024 Company: 54 423 € Industry median: 448 €20242025 Company: — Industry median: 382 €2025-20002004006008002018 Company: — Industry median: —2019 Company: -2 425 € Industry median: 1 709 €20192020 Company: 602 214 € Industry median: 3 806 €2021 Company: 578 717 € Industry median: 5 923 €20212022 Company: 100 530 € Industry median: 2 269 €2023 Company: -153 983 € Industry median: 1 083 €20232024 Company: 54 423 € Industry median: 448 €2025 Company: — Industry median: 382 €2025
  • Company
  • Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: 1.0 % · +3.2 pp vs the year before · industry median 3.1 % · above 41% of the industry
-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.0 % Industry median: 2.8 %20192020 Company: 10.9 % Industry median: 5.9 %20202021 Company: 9.0 % Industry median: 5.0 %20212022 Company: 1.3 % Industry median: 3.7 %20222023 Company: -2.2 % Industry median: 4.0 %20232024 Company: 1.0 % Industry median: 3.1 %20242025 Company: — Industry median: 3.5 %2025-50510152018 Company: — Industry median: —2019 Company: 0.0 % Industry median: 2.8 %20192020 Company: 10.9 % Industry median: 5.9 %2021 Company: 9.0 % Industry median: 5.0 %20212022 Company: 1.3 % Industry median: 3.7 %2023 Company: -2.2 % Industry median: 4.0 %20232024 Company: 1.0 % Industry median: 3.1 %2025 Company: — Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 6 298 003 € · +4.5% vs 2023
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 5 137 329 €20192020 Company: 5 558 497 €20202021 Company: 6 706 039 €20212022 Company: 6 693 568 €20222023 Company: 6 025 854 €20232024 Company: 6 298 003 €20242025 Company: —202502 0004 0006 0008 0002018 Company: —2019 Company: 5 137 329 €20192020 Company: 5 558 497 €2021 Company: 6 706 039 €20212022 Company: 6 693 568 €2023 Company: 6 025 854 €20232024 Company: 6 298 003 €2025 Company: —2025
Equity, € thousand 2024: 5 490 661 € · +2.3% vs 2023
02 0004 0006 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 388 732 €20192020 Company: 4 901 735 €20202021 Company: 5 637 784 €20212022 Company: 5 648 927 €20222023 Company: 5 369 803 €20232024 Company: 5 490 661 €20242025 Company: —202502 0004 0006 0002018 Company: —2019 Company: 4 388 732 €20192020 Company: 4 901 735 €2021 Company: 5 637 784 €20212022 Company: 5 648 927 €2023 Company: 5 369 803 €20232024 Company: 5 490 661 €2025 Company: —2025
Employees 2025: 35 · −65.3% vs 2024 · industry median 7 · above 82% of the industry
02550751001252016 Company: 46 Industry median: —20162017 Company: 41 Industry median: —20172018 Company: 41 Industry median: 920182019 Company: 38 Industry median: 9.520192020 Company: 38 Industry median: 8.520202021 Company: 43 Industry median: 820212022 Company: 38 Industry median: 920222023 Company: 0 Industry median: 820232024 Company: 101 Industry median: 720242025 Company: 35 Industry median: 7202502550751001252018 Company: 41 Industry median: 92019 Company: 38 Industry median: 9.520192020 Company: 38 Industry median: 8.52021 Company: 43 Industry median: 820212022 Company: 38 Industry median: 92023 Company: 0 Industry median: 820232024 Company: 101 Industry median: 72025 Company: 35 Industry median: 72025
  • Company
  • Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Assets, € Equity, € Employees
2025 — — — — 35
2024 5 719 561 54 423 6 298 003 5 490 661 101
2023 6 915 509 -153 983 6 025 854 5 369 803 0
2022 7 813 299 100 530 6 693 568 5 648 927 38
2021 6 463 647 578 717 6 706 039 5 637 784 43
2020 5 548 039 602 214 5 558 497 4 901 735 38
2019 5 520 942 -2 425 5 137 329 4 388 732 38
2018 — — — — 41
2017 — — — — 41
2016 — — — — 46
2015 — — — — 51
2014 — — — — 53
2013 — — — — 59
2012 — — — — 61
2010 — — — — 65
2009 — — — — 75
2008 — — — — 99
2007 — — — — 108
2006 — — — — 113
2005 — — — — 125
2001 — — — — 148
2000 — — — — 140
1999 — — — — 132
1997 — — — — 146

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2024

Net profit margin
0.9 %
Net profit / revenue
Return on equity (ROE)
1.0 %
Net profit / equity
Return on assets (ROA)
0.9 %
Net profit / assets
Equity ratio
87.2 %
Equity / assets
Debt ratio
12.8 %
Liabilities / assets
Current ratio
2.52
Current assets / current liabilities
Revenue per employee
61 391 €
Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 5 Sep 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 5 Aug 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 8 Aug 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Dec 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 11 Mar 2022 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 9 Mar 2021 Consolidated · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Marko Pählapuu
    Board member · since 8 Sep 2004

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 22241Manufacture of plastic sanitary ware (baths, washbasins, etc.) Main
Rulings
Number, date Title Deadline State Document
Ä 10007736 / M16
8 Jul 2026
Warning of a fine: annual report not filed 8 Aug 2026 In force
9 Jul 2026
PDF
Ä 10007736 / M15
25 Feb 2026
Procedural ruling In force
25 Feb 2026
PDF
Ä 10007736 / M14
2 Feb 2026
Ruling to correct data outside an entry 16 Feb 2026 In force
2 Feb 2026
PDF
Ä 10007736 / M13
7 Jul 2025
Warning of a fine: annual report not filed 6 Aug 2025 Deficiencies eliminated
6 Sep 2025
PDF
Ä 10007736 / M12
9 Jan 2025
Procedural ruling In force
9 Jan 2025
PDF
Ä 10007736 / M11
7 Jul 2024
Warning of a fine: annual report not filed 6 Aug 2024 Deficiencies eliminated
6 Aug 2024
PDF
Ä 10007736 / M10
17 Mar 2022
Procedural ruling 31 Mar 2022 Deficiencies eliminated
28 Mar 2022
PDF
Ä 10007736 / M9
19 Jan 2022
Procedural ruling 2 Feb 2022 In force
19 Jan 2022
PDF
Ä 10007736 / 22
22 Nov 2019
Amendment entry In force
22 Nov 2019
PDF
Ä 10007736 / 21
5 Aug 2019
Amendment entry In force
5 Aug 2019
PDF
Ä 10007736 / 20
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10007736 / 19
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10007736 / 18
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10007736 / 17
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10007736 / 16
6 Sep 2013
Amendment under Commercial Code § 525 (2) In force
6 Sep 2013
PDF
Ä 10007736 / M8
1 Aug 2013
Ruling to correct data outside an entry 31 Aug 2013 Deficiencies eliminated
9 Aug 2013
PDF
Ä 10007736 / 15
30 Dec 2011
Second (constitutive) merger entry In force
30 Dec 2011
PDF
Ä 10007736 / 14
13 Dec 2011
Amendment entry In force
13 Dec 2011
PDF
Ä 10007736 / M7
28 Nov 2011
Ruling to eliminate deficiencies 16 Jan 2012 In force
28 Nov 2011
PDF
Ä 7736 / 13
3 Dec 2008
Deletion of activities from the registry card In force
15 Dec 2008
PDF
Ä 7736 / 12
18 Feb 2005
Amendment entry In force PDF
Ä 7736 / 11
7 Sep 2004
Amendment entry In force PDF
Ä 7736 / 10
14 Jul 2004
Negative entry decision In force PDF
Ä 7736 / 9
12 May 2003
Entry decision on the register’s own initiative In force PDF
K 13152 / 9
23 Apr 2002
Commercial pledge deleted In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data