Baltic Innovation Agency OÜ
Active Registry code 10943240
OÜ Tartu linn Registered 28 May 2003
Baltic Innovation Agency OÜ is a OÜ based in Tartu linn, registry code 10943240, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €315 314 with 8 employees.
Turnover
315 314 €
↑ 3 448.8% vs Q2 2026
State taxes
70 137 €
↑ 43.2% vs Q2 2026
Labour taxes
58 720 €
↑ 7.6% vs Q2 2026
Employees
8
−1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 315 314 €above 98% of companiesindustry median 13 705 € · companies in the industry: 4 338
- Labour taxes per employee 7 340 €above 92% of companiesindustry median 1 649 € · companies in the industry: 1 689
- Revenue · 2025 807 312 €above 98% of companiesindustry median 10 800 € · companies in the industry: 9 687
- Net profit margin · 2025 34.3 %above 58% of companiesindustry median 22.0 % · companies in the industry: 6 494
Taxes and turnover
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of head offices and management consultancy (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 | 315 314 | 70 137 | 58 720 | 8 |
| Q2 2026 | 8 885 | 48 972 | 54 591 | 9 |
| Q1 2026 | 383 376 | 77 094 | 59 658 | 9 |
| Q4 2025 | 87 247 | 64 431 | 59 747 | 12 |
| Q3 2025 | 220 578 | 52 510 | 57 852 | 16 |
| Q2 2025 | 311 758 | 92 130 | 55 495 | 16 |
| Q1 2025 | 135 658 | 43 514 | 47 625 | 16 |
| Q4 2024 | 336 557 | 59 621 | 43 560 | 14 |
| Q3 2024 | 233 674 | 55 699 | 37 043 | 14 |
| Q2 2024 | 82 304 | 47 747 | 42 690 | 15 |
| Q1 2024 | 32 460 | 44 457 | 42 807 | 15 |
| Q4 2023 | 145 275 | 40 822 | 41 497 | 15 |
| Q3 2023 | 90 646 | 35 312 | 33 684 | 12 |
| Q2 2023 | 76 951 | 38 021 | 31 433 | 12 |
| Q1 2023 | 131 586 | 40 390 | 38 249 | 9 |
| Q4 2022 | 119 641 | 33 257 | 32 121 | 10 |
| Q3 2022 | 74 500 | 28 576 | 28 295 | 9 |
| Q2 2022 | 32 872 | 29 382 | 26 784 | 8 |
| Q1 2022 | 85 612 | 28 055 | 28 117 | 8 |
Labour taxes per employee per month
2 447 €
Turnover per employee in the quarter
39 414 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Activities of head offices and management consultancy (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 | 807 312 | 276 608 | 521 801 | 1 589 078 | 1 357 761 | 8 |
| 2024 | 718 628 | 218 281 | 391 848 | 1 645 674 | 1 081 152 | 11 |
| 2023 | 439 875 | 104 855 | 341 888 | 1 233 744 | 862 871 | 11 |
| 2022 | 271 094 | 4 464 | 285 111 | 900 108 | 758 016 | 8 |
| 2021 | 318 880 | 138 810 | 141 842 | 818 268 | 753 552 | 4 |
| 2020 | 314 625 | 178 553 | 67 544 | 694 465 | 614 743 | 4 |
| 2019 | 62 675 | 47 046 | 100 252 | 180 690 | 148 427 | 0 |
| 2018 | — | — | — | — | — | 0 |
| 2017 | — | — | — | — | — | 4 |
| 2016 | — | — | — | — | — | 0 |
| 2015 | — | — | — | — | — | 0 |
| 2014 | — | — | — | — | — | 0 |
| 2013 | — | — | — | — | — | 5 |
| 2012 | — | — | — | — | — | 6 |
| 2007 | — | — | — | — | — | 6 |
| 2006 | — | — | — | — | — | 5 |
| 2005 | — | — | — | — | — | 3 |
| 2004 | — | — | — | — | — | 2 |
| 2003 | — | — | — | — | — | 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
34.3 %
Net profit / revenue
Return on equity (ROE)
20.4 %
Net profit / equity
Return on assets (ROA)
17.4 %
Net profit / assets
Equity ratio
85.4 %
Equity / assets
Debt ratio
14.6 %
Liabilities / assets
Current ratio
4.37
Current assets / current liabilities
Revenue per employee
100 914 €
Revenue / average full-time employees
Labour cost per employee per month
5 435 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 20 Sep 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 16 Jul 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 2 Aug 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 2 Oct 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 15 Sep 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 16 Jul 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 4 Jun 2020 | Consolidated | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 130 000 EEK | aktsiaselts Hansapank | 19 Dec 2006 – in force |
Board
- Rene TõnnissonBoard member · since 19 Mar 2007
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Rene TõnnissonNatural person · 20 020 €
- Innovestor OÜLegal person · 11572389 · 5 216 €
Owner in
- 15%
Beneficial owners
- Rene TõnnissonDirect ownership · since 4 Oct 2018
Founders and other persons
- Alar MeltsovFounder · 13 500 € · 28 May 2003
- Rene TõnnissonFounder · 13 500 € · 28 May 2003
- OÜ KALTECFounder · 13 500 € · 28 May 2003
Related companies
Activities (EMTAK)
- 70201Business and other management consultancy activities Main
- 68201Rental and operating of own or leased real estate
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20024867 / M7 19 Aug 2026 |
Warning of a fine: annual report not filed | 18 Sep 2026 | Deficiencies eliminated 21 Sep 2026 |
|
| Ä 20024867 / M6 6 Jul 2024 |
Warning of a fine: annual report not filed | 5 Aug 2024 | Deficiencies eliminated 3 Aug 2024 |
|
| Ä 20024867 / 14 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 20024867 / M5 26 Aug 2023 |
Warning of a fine: annual report not filed | 25 Sep 2023 | Deficiencies eliminated 3 Oct 2023 |
|
| Ä 20024867 / 13 30 Nov 2020 |
Second (constitutive) merger entry | In force 30 Nov 2020 |
||
| Ä 20024867 / M4 23 Aug 2018 |
Procedural ruling | In force 23 Aug 2018 |
||
| Ä 20024867 / 12 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20024867 / 11 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 20024867 / 10 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20024867 / 9 31 Dec 2015 |
Amendment entry | In force 31 Dec 2015 |
||
| Ä 20024867 / 8 2 Jan 2012 |
Amendment entry | In force 2 Jan 2012 |
||
| Ä 20024867 / M3 22 Dec 2011 |
Ruling to eliminate deficiencies | 22 Jan 2012 | In force 22 Dec 2011 |
|
| Ä 24867 / 7 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
||
| Ä 24867 / 6 21 Mar 2007 |
Amendment entry | In force 21 Mar 2007 |
||
| Ä 24867 / 5 16 Mar 2007 |
Entry made by the register on its own initiative | In force 19 Mar 2007 |
||
| Ä 24867 / 4 15 Jan 2007 |
Amendment entry | In force 15 Jan 2007 |
||
| K 37378 19 Dec 2006 |
Commercial pledge entered | In force 19 Dec 2006 |
||
| Ä 24867 / 3 28 Sep 2006 |
Amendment entry | In force 28 Sep 2006 |
||
| Ä 24867 / 2 9 Mar 2005 |
Amendment entry | In force | ||
| Ä 24867 / M2 15 Feb 2005 |
Ruling to eliminate deficiencies (to be served) | 20 Mar 2005 | In force | |
| Ä 24867 / M1 30 May 2003 |
Refund of the state fee | In force | ||
| Ä 24867 27 May 2003 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data