OÜ Belforest Trade
Active Registry code 10828935
OÜ Viluste küla Registered 4 Dec 2001
OÜ Belforest Trade is a OÜ based in Viluste küla, registry code 10828935, status: active. Main activity: Logging. According to EMTA, turnover for Q3 2026 was €355 617 with 5 employees.
Turnover
355 617 €
↑ 49.6% vs Q2 2026
State taxes
65 442 €
↑ 80.5% vs Q2 2026
Labour taxes
16 399 €
↓ 10.3% vs Q2 2026
Employees
5
+3 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 355 617 €above 94% of companiesindustry median 14 400 € · companies in the industry: 1 834
- Labour taxes per employee 3 280 €above 89% of companiesindustry median 1 226 € · companies in the industry: 1 276
- Revenue · 2025 3.7 mn €above 98% of companiesindustry median 29 224 € · companies in the industry: 2 730
- Net profit margin · 2025 6.7 %above 54% of companiesindustry median 4.9 % · companies in the industry: 2 137
Taxes and turnover
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 355 617 | 65 442 | 16 399 | 5 |
| Q2 2026 | 237 702 | 36 257 | 18 282 | 2 |
| Q1 2026 | 1 237 424 | 174 109 | 21 952 | 4 |
| Q4 2025 | 1 000 353 | 161 998 | 18 896 | 4 |
| Q3 2025 | 624 148 | 111 125 | 18 860 | 2 |
| Q2 2025 | 558 949 | 136 711 | 18 812 | 3 |
| Q1 2025 | 1 361 009 | 187 375 | 18 948 | 3 |
| Q4 2024 | 725 371 | 93 869 | 15 997 | 3 |
| Q3 2024 | 903 451 | 115 372 | 13 304 | 3 |
| Q2 2024 | 556 738 | 32 121 | 17 602 | 1 |
| Q1 2024 | 703 337 | 93 369 | 18 188 | 4 |
| Q4 2023 | 1 007 958 | 131 469 | 18 667 | 3 |
| Q3 2023 | 631 071 | 81 974 | 21 338 | 4 |
| Q2 2023 | 1 112 415 | 171 775 | 31 482 | 4 |
| Q1 2023 | 970 177 | 134 745 | 22 842 | 5 |
| Q4 2022 | 1 827 950 | 295 339 | 18 330 | 5 |
| Q3 2022 | 889 485 | 141 911 | 13 525 | 5 |
| Q2 2022 | 907 976 | 138 232 | 13 140 | 4 |
| Q1 2022 | 565 215 | 102 152 | 13 656 | 4 |
Labour taxes per employee per month
1 093 €
Turnover per employee in the quarter
71 123 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 3 686 743 | 247 718 | 173 520 | 1 999 325 | 1 575 774 | 3 |
| 2024 | 2 892 861 | 113 803 | 154 135 | 1 590 964 | 1 328 056 | 3 |
| 2023 | 3 837 703 | 38 220 | 218 865 | 1 552 251 | 1 214 253 | 4 |
| 2022 | 4 601 757 | 324 046 | 145 608 | 1 459 768 | 1 176 033 | 4 |
| 2021 | 2 706 267 | 229 370 | 133 500 | 1 025 644 | 851 987 | 5 |
| 2020 | 2 099 210 | 292 770 | 101 235 | 723 446 | 599 978 | 4 |
| 2019 | 772 628 | 131 463 | 71 805 | 403 764 | 307 208 | 4 |
| 2018 | — | — | — | — | — | 2 |
| 2017 | — | — | — | — | — | 0 |
| 2016 | — | — | — | — | — | 0 |
| 2015 | — | — | — | — | — | 0 |
| 2014 | — | — | — | — | — | 0 |
| 2013 | — | — | — | — | — | 0 |
| 2012 | — | — | — | — | — | 0 |
| 2011 | — | — | — | — | — | 0 |
| 2010 | — | — | — | — | — | 0 |
| 2009 | — | — | — | — | — | 0 |
| 2008 | — | — | — | — | — | 0 |
| 2007 | — | — | — | — | — | 0 |
| 2006 | — | — | — | — | — | 0 |
| 2005 | — | — | — | — | — | 0 |
| 2004 | — | — | — | — | — | 0 |
| 2003 | — | — | — | — | — | 0 |
| 2002 | — | — | — | — | — | 0 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2025
Net profit margin
6.7 %
Net profit / revenue
Return on equity (ROE)
15.7 %
Net profit / equity
Return on assets (ROA)
12.4 %
Net profit / assets
Equity ratio
78.8 %
Equity / assets
Debt ratio
21.2 %
Liabilities / assets
Current ratio
6.65
Current assets / current liabilities
Revenue per employee
1 228 914 €
Revenue / average full-time employees
Labour cost per employee per month
4 820 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 13 May 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 27 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 6 Nov 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 25 Sep 2023 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 29 Aug 2020 | Company’s own | e-Äriregister |
Board
- Raivo TiitBoard member · since 25 Aug 2014
- Marek TammBoard member · since 14 Feb 2020
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Raivo TiitNatural person · 2 556 €
Beneficial owners
- Raivo TiitDirect ownership · since 18 Oct 2018
Founders and other persons
No other persons.
Activities (EMTAK)
- 02201Logging Main
- 46131Activities of agents involved in the wholesale of timber and building materials
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20040434 / 18 17 Jun 2025 |
Entry refused: deficiencies not eliminated | In force 4 Jul 2025 |
||
| Ä 20040434 / M12 14 May 2025 |
Ruling to eliminate deficiencies | 13 Jun 2025 | In force 16 Jun 2025 |
|
| Ä 20040434 / 17 13 May 2025 |
Entry refused: deficiencies not eliminated | In force 30 May 2025 |
||
| Ä 20040434 / M11 25 Apr 2025 |
Ruling to eliminate deficiencies | 10 May 2025 | In force 13 May 2025 |
|
| Ä 20040434 / M10 27 Sep 2023 |
Fine for not filing the report | 31 Oct 2023 | Deficiencies eliminated 17 Nov 2023 |
|
| Ä 20040434 / 16 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 20040434 / M9 26 Aug 2023 |
Warning of a fine: annual report not filed | 25 Sep 2023 | Deficiencies eliminated 17 Nov 2023 |
|
| Ä 20040434 / M8 3 Aug 2022 |
Procedural ruling | 2 Sep 2022 | In force 3 Aug 2022 |
|
| Ä 20040434 / 15 6 Jul 2022 |
Amendment entry | In force 6 Jul 2022 |
||
| Ä 20040434 / 14 8 Apr 2022 |
Amendment entry | In force 8 Apr 2022 |
||
| Ä 20040434 / M7 1 Mar 2022 |
Ruling to eliminate deficiencies | 31 Mar 2022 | In force 1 Mar 2022 |
|
| Ä 20040434 / 13 12 May 2020 |
Amendment entry | In force 12 May 2020 |
||
| Ä 20040434 / 12 14 Feb 2020 |
Amendment entry | In force 14 Feb 2020 |
||
| Ä 20040434 / 11 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20040434 / 10 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 20040434 / 9 2 Sep 2016 |
Amendment under Commercial Code § 525 (2) | In force 2 Sep 2016 |
||
| Ä 20040434 / 8 14 Jan 2016 |
Amendment entry | In force 14 Jan 2016 |
||
| Ä 20040434 / 7 30 Dec 2014 |
Entry refused: deficiencies not eliminated | In force 14 Jan 2015 |
||
| Ä 20040434 / M6 20 Nov 2014 |
Ruling to eliminate deficiencies | 20 Dec 2014 | In force 20 Nov 2014 |
|
| Ä 20040434 / 6 25 Aug 2014 |
Amendment entry | In force 25 Aug 2014 |
||
| Ä 20040434 / 5 25 Aug 2014 |
Amendment entry | In force 25 Aug 2014 |
||
| Ä 20040434 / M5 11 Aug 2014 |
Ruling to eliminate deficiencies | 26 Aug 2014 | Deficiencies eliminated 25 Aug 2014 |
|
| Ä 20040434 / M4 30 Jul 2014 |
Ruling to eliminate deficiencies | 29 Aug 2014 | Deficiencies eliminated 25 Aug 2014 |
|
| Ä 20040434 / 4 4 Feb 2014 |
Amendment entry | In force 4 Feb 2014 |
||
| Ä 20040434 / M3 3 Feb 2014 |
Ruling to eliminate deficiencies | 18 Feb 2014 | Deficiencies eliminated 4 Feb 2014 |
|
| Ä 20040434 / M2 24 Oct 2013 |
Ruling to eliminate deficiencies | 8 Nov 2013 | Deficiencies eliminated 4 Feb 2014 |
|
| Ä 20040434 / 3 14 Mar 2013 |
Amendment entry | In force 14 Mar 2013 |
||
| Ä 20040434 / M1 12 Feb 2013 |
Ruling to eliminate deficiencies | 14 Apr 2013 | In force 12 Feb 2013 |
|
| Ä 40434 / 2 20 Jul 2009 |
Deletion of activities from the registry card | In force 20 Jul 2009 |
||
| Ä 13277 / 6 21 Jan 2008 |
Registry card closed after a change of district | In force 21 Jan 2008 |
||
| Ä 40434 17 Jan 2008 |
Registry card opened in the department of the new seat | In force 18 Jan 2008 |
||
| Ä 13277 / 5 16 Jan 2008 |
Note | In force 16 Jan 2008 |
||
| Ä 13277 / 4 4 Oct 2007 |
Note on closing the former card of a transformed company | In force 4 Oct 2007 |
||
| Ä 13277 / 3 4 Oct 2007 |
Second (constitutive) transformation entry | In force 4 Oct 2007 |
||
| Ä 13277 / 2 4 Oct 2007 |
First (declaratory) transformation entry | In force 4 Oct 2007 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data