Titanium Systems OÜ

Active Registry code 10955148 OÜ Tartu linn Registered 19 Jun 2003
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Titanium Systems OÜ is a OÜ based in Tartu linn, registry code 10955148, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €2 592 791 with 43 employees.

Turnover
2 592 791 €
↑ 16.8% vs Q2 2026
State taxes
239 585 €
↓ 0.3% vs Q2 2026
Labour taxes
256 505 €
↑ 12.4% vs Q2 2026
Employees
43
−4 vs Q2 2026

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Turnover · Q3 2026 2.6 mn €
    industry median 19 089 € · companies in the industry: 7 346
  • Labour taxes per employee 5 965 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 6.9 mn €
    industry median 14 308 € · companies in the industry: 13 337
  • Net profit margin · 2025 40.3 %
    industry median 15.1 % · companies in the industry: 8 944

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 592 791 € · +16.8% vs Q2 2026 · industry median 19 089 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 1 379 820 € Industry median: 20 651 €Q4·23Q1 2024 Company: 1 407 534 € Industry median: 20 684 €Q2 2024 Company: 1 315 215 € Industry median: 20 460 €Q2·24Q3 2024 Company: 1 477 995 € Industry median: 19 818 €Q4 2024 Company: 6 464 568 € Industry median: 20 478 €Q4·24Q1 2025 Company: 1 515 133 € Industry median: 20 692 €Q2 2025 Company: 1 934 349 € Industry median: 21 050 €Q2·25Q3 2025 Company: 1 642 626 € Industry median: 20 327 €Q4 2025 Company: 1 483 635 € Industry median: 21 191 €Q4·25Q1 2026 Company: 2 221 630 € Industry median: 20 657 €Q2 2026 Company: 2 219 707 € Industry median: 20 000 €Q2·26Q3 2026 Company: 2 592 791 € Industry median: 19 089 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 6 464 568 € Industry median: 20 478 €Q1 2025 Company: 1 515 133 € Industry median: 20 692 €Q1·25Q2 2025 Company: 1 934 349 € Industry median: 21 050 €Q3 2025 Company: 1 642 626 € Industry median: 20 327 €Q3·25Q4 2025 Company: 1 483 635 € Industry median: 21 191 €Q1 2026 Company: 2 221 630 € Industry median: 20 657 €Q1·26Q2 2026 Company: 2 219 707 € Industry median: 20 000 €Q3 2026 Company: 2 592 791 € Industry median: 19 089 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 965 € · +22.9% vs Q2 2026 · industry median 2 345 € · above 82% of the industry
02 0004 0006 000Q4 2023 Company: 945 € Industry median: 2 319 €Q4·23Q1 2024 Company: 823 € Industry median: 2 529 €Q2 2024 Company: 881 € Industry median: 2 514 €Q2·24Q3 2024 Company: 640 € Industry median: 2 481 €Q4 2024 Company: 717 € Industry median: 2 431 €Q4·24Q1 2025 Company: 1 246 € Industry median: 2 523 €Q2 2025 Company: 4 582 € Industry median: 2 506 €Q2·25Q3 2025 Company: 5 152 € Industry median: 2 577 €Q4 2025 Company: 5 087 € Industry median: 2 632 €Q4·25Q1 2026 Company: 5 312 € Industry median: 2 408 €Q2 2026 Company: 4 855 € Industry median: 2 335 €Q2·26Q3 2026 Company: 5 965 € Industry median: 2 345 €Q3·2602 0004 0006 000Q4 2024 Company: 717 € Industry median: 2 431 €Q1 2025 Company: 1 246 € Industry median: 2 523 €Q1·25Q2 2025 Company: 4 582 € Industry median: 2 506 €Q3 2025 Company: 5 152 € Industry median: 2 577 €Q3·25Q4 2025 Company: 5 087 € Industry median: 2 632 €Q1 2026 Company: 5 312 € Industry median: 2 408 €Q1·26Q2 2026 Company: 4 855 € Industry median: 2 335 €Q3 2026 Company: 5 965 € Industry median: 2 345 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 43 · −8.5% vs Q2 2026
01020304050Q4 2023 Company: 29Q4·23Q1 2024 Company: 33Q2 2024 Company: 32Q2·24Q3 2024 Company: 36Q4 2024 Company: 41Q4·24Q1 2025 Company: 43Q2 2025 Company: 46Q2·25Q3 2025 Company: 45Q4 2025 Company: 45Q4·25Q1 2026 Company: 45Q2 2026 Company: 47Q2·26Q3 2026 Company: 43Q3·2601020304050Q4 2024 Company: 41Q1 2025 Company: 43Q1·25Q2 2025 Company: 46Q3 2025 Company: 45Q3·25Q4 2025 Company: 45Q1 2026 Company: 45Q1·26Q2 2026 Company: 47Q3 2026 Company: 43Q3·26
State taxes, € thousand Q3 2026: 239 585 € · −0.3% vs Q2 2026
050100150200250Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 27 686 €Q2 2024 Company: 56 548 €Q2·24Q3 2024 Company: 21 958 €Q4 2024 Company: 29 226 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 197 204 €Q2·25Q3 2025 Company: 216 132 €Q4 2025 Company: 214 073 €Q4·25Q1 2026 Company: 228 100 €Q2 2026 Company: 240 315 €Q2·26Q3 2026 Company: 239 585 €Q3·26050100150200250Q4 2024 Company: 29 226 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 197 204 €Q3 2025 Company: 216 132 €Q3·25Q4 2025 Company: 214 073 €Q1 2026 Company: 228 100 €Q1·26Q2 2026 Company: 240 315 €Q3 2026 Company: 239 585 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 592 791 239 585 256 505 43
Q2 2026 2 219 707 240 315 228 176 47
Q1 2026 2 221 630 228 100 239 022 45
Q4 2025 1 483 635 214 073 228 934 45
Q3 2025 1 642 626 216 132 231 854 45
Q2 2025 1 934 349 197 204 210 765 46
Q1 2025 1 515 133 — 53 596 43
Q4 2024 6 464 568 29 226 29 393 41
Q3 2024 1 477 995 21 958 23 041 36
Q2 2024 1 315 215 56 548 28 181 32
Q1 2024 1 407 534 27 686 27 152 33
Q4 2023 1 379 820 — 27 393 29
Q3 2023 923 463 — 26 357 29
Q2 2023 1 182 315 7 497 23 778 25
Q1 2023 1 467 077 — 25 581 23
Q4 2022 973 328 — 26 397 20
Q3 2022 747 608 — 24 072 22
Q2 2022 663 726 22 952 24 081 20
Q1 2022 669 906 23 182 23 471 19
Labour taxes per employee per month
1 988 €
Turnover per employee in the quarter
60 297 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 6 850 970 € · −35.8% vs 2024 · industry median 14 308 € · above 98% of the industry
02 5005 0007 50010 00012 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 051 077 € Industry median: 11 130 €20192020 Company: 1 071 716 € Industry median: 11 075 €20202021 Company: 2 797 361 € Industry median: 13 109 €20212022 Company: 3 551 113 € Industry median: 15 007 €20222023 Company: 4 458 386 € Industry median: 15 500 €20232024 Company: 10 675 871 € Industry median: 13 784 €20242025 Company: 6 850 970 € Industry median: 14 308 €202502 5005 0007 50010 00012 5002018 Company: — Industry median: —2019 Company: 3 051 077 € Industry median: 11 130 €20192020 Company: 1 071 716 € Industry median: 11 075 €2021 Company: 2 797 361 € Industry median: 13 109 €20212022 Company: 3 551 113 € Industry median: 15 007 €2023 Company: 4 458 386 € Industry median: 15 500 €20232024 Company: 10 675 871 € Industry median: 13 784 €2025 Company: 6 850 970 € Industry median: 14 308 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 2 760 615 € · +2.1% vs 2024 · industry median 106 € · above 98% of the industry
-2 000-1 00001 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 672 573 € Industry median: 618 €20192020 Company: -1 855 812 € Industry median: 618 €20202021 Company: 1 233 721 € Industry median: 833 €20212022 Company: 1 284 532 € Industry median: 300 €20222023 Company: 1 969 043 € Industry median: 383 €20232024 Company: 2 703 769 € Industry median: 249 €20242025 Company: 2 760 615 € Industry median: 106 €2025-2 000-1 00001 0002 0003 0002018 Company: — Industry median: —2019 Company: 1 672 573 € Industry median: 618 €20192020 Company: -1 855 812 € Industry median: 618 €2021 Company: 1 233 721 € Industry median: 833 €20212022 Company: 1 284 532 € Industry median: 300 €2023 Company: 1 969 043 € Industry median: 383 €20232024 Company: 2 703 769 € Industry median: 249 €2025 Company: 2 760 615 € Industry median: 106 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 40.3 % · +15.0 pp vs the year before · industry median 15.1 % · above 69% of the industry
-200-150-100-500501002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 54.8 % Industry median: 21.0 %20192020 Company: -173.2 % Industry median: 22.4 %20202021 Company: 44.1 % Industry median: 23.7 %20212022 Company: 36.2 % Industry median: 19.1 %20222023 Company: 44.2 % Industry median: 17.8 %20232024 Company: 25.3 % Industry median: 16.3 %20242025 Company: 40.3 % Industry median: 15.1 %2025-200-150-100-500501002018 Company: — Industry median: —2019 Company: 54.8 % Industry median: 21.0 %20192020 Company: -173.2 % Industry median: 22.4 %2021 Company: 44.1 % Industry median: 23.7 %20212022 Company: 36.2 % Industry median: 19.1 %2023 Company: 44.2 % Industry median: 17.8 %20232024 Company: 25.3 % Industry median: 16.3 %2025 Company: 40.3 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 19 785 319 € · +22.6% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 10 762 855 €20192020 Company: 8 953 073 €20202021 Company: 10 129 942 €20212022 Company: 11 478 605 €20222023 Company: 14 071 185 €20232024 Company: 16 143 904 €20242025 Company: 19 785 319 €202505 00010 00015 00020 0002018 Company: —2019 Company: 10 762 855 €20192020 Company: 8 953 073 €2021 Company: 10 129 942 €20212022 Company: 11 478 605 €2023 Company: 14 071 185 €20232024 Company: 16 143 904 €2025 Company: 19 785 319 €2025
Equity, € thousand 2025: 18 789 576 € · +17.3% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 10 686 264 €20192020 Company: 8 830 452 €20202021 Company: 10 064 173 €20212022 Company: 11 348 705 €20222023 Company: 13 317 748 €20232024 Company: 16 021 517 €20242025 Company: 18 789 576 €202505 00010 00015 00020 0002018 Company: —2019 Company: 10 686 264 €20192020 Company: 8 830 452 €2021 Company: 10 064 173 €20212022 Company: 11 348 705 €2023 Company: 13 317 748 €20232024 Company: 16 021 517 €2025 Company: 18 789 576 €2025
Employees 2025: 42 · +366.7% vs 2024 · industry median 1 · above 98% of the industry
010203040502016 Company: 27 Industry median: —20162017 Company: 25 Industry median: —20172018 Company: 21 Industry median: 120182019 Company: 17 Industry median: 120192020 Company: 11 Industry median: 120202021 Company: 10 Industry median: 120212022 Company: 8 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 9 Industry median: 120242025 Company: 42 Industry median: 12025010203040502018 Company: 21 Industry median: 12019 Company: 17 Industry median: 120192020 Company: 11 Industry median: 12021 Company: 10 Industry median: 120212022 Company: 8 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 9 Industry median: 12025 Company: 42 Industry median: 12025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 6 850 970 2 760 615 1 934 409 19 785 319 18 789 576 42
2024 10 675 871 2 703 769 295 049 16 143 904 16 021 517 9
2023 4 458 386 1 969 043 244 999 14 071 185 13 317 748 0
2022 3 551 113 1 284 532 249 148 11 478 605 11 348 705 8
2021 2 797 361 1 233 721 283 296 10 129 942 10 064 173 10
2020 1 071 716 -1 855 812 229 840 8 953 073 8 830 452 11
2019 3 051 077 1 672 573 332 123 10 762 855 10 686 264 17
2018 — — — — — 21
2017 — — — — — 25
2016 — — — — — 27
2015 — — — — — 22
2014 — — — — — 21
2013 — — — — — 20
2012 — — — — — 19
2011 — — — — — 11
2010 — — — — — 8
2009 — — — — — 5
2008 — — — — — 4
2007 — — — — — 4
2006 — — — — — 0
2005 — — — — — 0
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
40.3 %
Net profit / revenue
Return on equity (ROE)
14.7 %
Net profit / equity
Return on assets (ROA)
14.0 %
Net profit / assets
Equity ratio
95.0 %
Equity / assets
Debt ratio
5.0 %
Liabilities / assets
Current ratio
3.53
Current assets / current liabilities
Revenue per employee
163 118 €
Revenue / average full-time employees
Labour cost per employee per month
3 838 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 Jun 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 15 May 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jul 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 2 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 26 Jun 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62101Computer programming activities Main
  • 77111Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons)
Rulings
Number, date Title Deadline State Document
Ä 20025270 / 13
26 Jun 2026
Division entry (second, constitutive) In force
26 Jun 2026
PDF
Ä 20025270 / M4
22 Jun 2026
Ruling to eliminate deficiencies 24 Jul 2026 Deficiencies eliminated
26 Jun 2026
PDF
Ä 20025270 / 12
15 Dec 2025
Amendment entry In force
15 Dec 2025
PDF
Ä 20025270 / 11
30 May 2024
Amendment entry In force
30 May 2024
PDF
Ä 20025270 / 10
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20025270 / 9
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20025270 / 8
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 20025270 / 7
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
K 20025270 / 6
5 Jun 2015
Commercial pledge deleted In force
5 Jun 2015
PDF
Ä 20025270 / 5
2 Nov 2010
Amendment entry In force
2 Nov 2010
PDF
K 20039577 / 2
2 Nov 2010
Commercial pledge amended (Commercial Code § 33 (7.1)) In force
2 Nov 2010
PDF
Ä 25270 / 4
3 Dec 2008
Deletion of activities from the registry card In force
23 Dec 2008
PDF
Ä 25270 / M3
12 Mar 2008
Fine for not filing the report 23 May 2008 In force
23 Apr 2008
PDF
Ä 25270 / M2
21 Dec 2007
Public service of a ruling in Ametlikud Teadaanded In force
2 Jan 2013
PDF
Ä 25270 / M1
8 Nov 2007
Warning of a fine: annual report not filed 19 Feb 2008 In force
20 Jan 2008
PDF
K 39577
25 Sep 2007
Commercial pledge entered In force
25 Sep 2007
PDF
Ä 25270 / 3
5 Jun 2006
Amendment entry In force
5 Jun 2006
PDF
Ä 25270 / 2
21 Oct 2004
Amendment entry In force PDF
Ä 73010 / 3
4 Sep 2003
Note on closing the registry card in the former department In force PDF
Ä 25270
26 Aug 2003
Registry card opened in the department of the new seat In force PDF
Ä 73010 / 2
14 Aug 2003
Amendment entry In force PDF
Ä 73010
19 Jun 2003
First entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data