Global Blue Eesti OÜ

Active Registry code 11036633 OÜ Tallinn Registered 14 May 2004

Global Blue Eesti OÜ is a OÜ based in Tallinn, registry code 11036633, status: active. Main activity: Other activities auxiliary to financial services, except insurance and pension funding n.e.c.. According to EMTA, turnover for Q3 2026 was €100 250 with 8 employees.

Turnover

100 250 €

↑ 2.1% vs Q2 2026

State taxes

67 978 €

↑ 103.2% vs Q2 2026

Labour taxes

54 597 €

↑ 82.1% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Activities auxiliary to financial services and insurance activities · EMTAK 66

Turnover · Q3 2026 100 250 €

above 85% of companies

industry median 13 814 € · companies in the industry: 339
Labour taxes per employee 6 825 €

above 79% of companies

industry median 2 338 € · companies in the industry: 272
Revenue · 2025 223 505 €

above 89% of companies

industry median 3 200 € · companies in the industry: 1 215
Net profit margin · 2025 -186.8 %

above 2% of companies

industry median 23.7 % · companies in the industry: 667

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 100 250 € · +2.1% vs Q2 2026 · industry median 13 814 € · above 85% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 825 € · +82.1% vs Q2 2026 · industry median 2 338 € · above 79% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 8 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 67 978 € · +103.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	100 250	67 978	54 597	8
Q2 2026	98 207	33 457	29 978	8
Q1 2026	213 846	36 123	30 075	8
Q4 2025	81 234	44 550	33 554	8
Q3 2025	78 424	72 354	65 564	8
Q2 2025	235 908	37 528	35 380	9
Q1 2025	78 493	45 422	35 377	9
Q4 2024	87 860	43 185	35 537	9
Q3 2024	70 505	58 465	53 394	9
Q2 2024	130 015	41 116	34 468	9
Q1 2024	94 161	46 439	34 171	9
Q4 2023	86 867	40 746	29 858	10
Q3 2023	61 060	48 678	41 818	8
Q2 2023	156 464	35 728	28 629	9
Q1 2023	112 253	38 579	22 168	9
Q4 2022	137 771	43 930	23 345	9
Q3 2022	109 816	44 988	29 231	9
Q2 2022	227 921	26 805	22 103	10
Q1 2022	92 039	32 990	19 861	9

Labour taxes per employee per month

2 275 €

Turnover per employee in the quarter

12 531 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 223 505 € · −26.8% vs 2024 · industry median 3 200 € · above 89% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -417 478 € · −61.4% vs 2024 · industry median 80 € · above 2% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -186.8 % · −102.1 pp vs the year before · industry median 23.7 % · above 2% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 403 659 € · −9.3% vs 2024

Equity, € thousand 2025: -900 906 € · −5 060.1% vs 2024

Employees 2025: 10 · +11.1% vs 2024 · industry median 1 · above 89% of the industry

Company
Industry median

Industry: Activities auxiliary to financial services and insurance 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	223 505	-417 478	285 749	403 659	-900 906	10
2024	305 258	-258 661	332 427	445 040	18 163	9
2023	414 022	-121 545	268 714	861 780	276 824	10
2022	191 800	-345 033	232 194	1 080 241	398 369	10
2021	60 089	-380 363	196 751	1 402 309	743 402	11
2020	1 649 496	491 616	278 214	2 147 576	1 123 765	11
2019	—	—	—	—	—	10
2018	—	—	—	—	—	5
2017	—	—	—	—	—	5
2016	—	—	—	—	—	5
2015	—	—	—	—	—	4
2014	—	—	—	—	—	3
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2007	—	—	—	—	—	2
2006	—	—	—	—	—	2
2005	—	—	—	—	—	1

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

-186.8 %

Net profit / revenue

Return on assets (ROA)

-103.4 %

Net profit / assets

Equity ratio

-223.2 %

Equity / assets

Debt ratio

323.2 %

Liabilities / assets

Current ratio

0.18

Current assets / current liabilities

Revenue per employee

22 351 €

Revenue / average full-time employees

Labour cost per employee per month

2 381 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Apr 2025 – 31 Dec 2025	11 Jun 2026	Company’s own	e-Äriregister
2024	1 Apr 2024 – 31 Mar 2025	18 Sep 2025	Company’s own	e-Äriregister
2023	1 Apr 2023 – 31 Mar 2024	19 Sep 2024	Company’s own	e-Äriregister
2022	1 Apr 2022 – 31 Mar 2023	7 Aug 2023	Company’s own	e-Äriregister
2021	1 Apr 2021 – 31 Mar 2022	11 Jul 2022	Company’s own	e-Äriregister
2020	1 Apr 2020 – 31 Mar 2021	29 Jun 2021	Company’s own	e-Äriregister
2019	1 Apr 2019 – 31 Mar 2020	3 Aug 2020	Company’s own · audited	e-Äriregister

Board

Kati Aru
Board member · since 3 May 2006
Jeremy Piers Henderson-Ross
Board member · since 28 Dec 2015
Richard Henry Brown
Board member · since 21 Mar 2016
Orsolya Veronika Zseller
Board member · since 8 Jul 2026
Imre Jouko Joonas Koski
Procurator · since 11 Apr 2022
Maarit Aili Mirjami Viitaharju
Procurator · since 7 May 2024
Natalia Klaudia Giemza
Procurator · since 3 Sep 2025

Right of representation

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

Any procurator may represent the private limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

Global Blue Holdings Aktiebolag
Legal person · 2 589 €

100%

Beneficial owners

Jared Isaacman
Indirect ownership · USA · since 1 Apr 2026

Founders and other persons

Global Refund Holdings AB
Founder · 40 000 € · 14 May 2004

Activities (EMTAK)

66199Other activities auxiliary to financial services, except insurance and pension funding n.e.c. Main

Rulings 39

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10080090 / 36 8 Jul 2026	Amendment entry		In force 8 Jul 2026	PDF
Ä 10080090 / 35 15 Dec 2025	Amendment entry		In force 15 Dec 2025	PDF
Ä 10080090 / 34 3 Sep 2025	Amendment entry		In force 3 Sep 2025	PDF
Ä 10080090 / 33 7 May 2024	Amendment entry		In force 7 May 2024	PDF
Ä 10080090 / 32 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10080090 / 31 13 Apr 2022	Amendment entry		In force 13 Apr 2022	PDF
Ä 10080090 / 30 11 Apr 2022	Amendment entry		In force 11 Apr 2022	PDF
Ä 10080090 / M3 29 Mar 2022	Procedural ruling	18 Apr 2022	Deficiencies eliminated 11 Apr 2022	PDF
Ä 10080090 / M2 15 Mar 2022	Ruling to eliminate deficiencies	29 Mar 2022	Deficiencies eliminated 11 Apr 2022	PDF
Ä 10080090 / 29 25 Nov 2021	Amendment entry		In force 25 Nov 2021	PDF
Ä 10080090 / M1 25 Oct 2021	Ruling to eliminate deficiencies	24 Nov 2021	Deficiencies eliminated 25 Nov 2021	PDF
Ä 10080090 / 28 13 Nov 2018	Amendment entry		In force 13 Nov 2018	PDF
Ä 10080090 / 27 6 Jul 2018	Amendment under Commercial Code § 525 (2)		In force 6 Jul 2018	PDF
Ä 10080090 / 26 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10080090 / 25 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10080090 / 24 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10080090 / 23 21 Mar 2016	Amendment entry		In force 21 Mar 2016	PDF
Ä 10080090 / 22 28 Dec 2015	Amendment entry		In force 28 Dec 2015	PDF
Ä 10080090 / 21 22 Oct 2015	Amendment entry		In force 22 Oct 2015	PDF
Ä 10080090 / 20 19 Dec 2014	Amendment entry		In force 19 Dec 2014	PDF
Ä 10080090 / 19 3 Oct 2012	Amendment entry		In force 3 Oct 2012	PDF
Ä 10080090 / 18 14 May 2012	Amendment entry		In force 14 May 2012	PDF
Ä 10080090 / 17 19 Oct 2010	Amendment entry		In force 19 Oct 2010	PDF
Ä 10080090 / 16 7 Sep 2010	Amendment entry		In force 7 Sep 2010	PDF
Ä 10080090 / 15 24 Mar 2010	Amendment entry		In force 24 Mar 2010	PDF
Ä 80090 / 14 2 Feb 2010	Amendment entry		In force 2 Feb 2010	PDF
Ä 80090 / 13 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 80090 / 12 11 Nov 2008	Amendment entry		In force 11 Nov 2008	PDF
Ä 80090 / 11 22 Sep 2008	Amendment entry		In force 22 Sep 2008	PDF
Ä 80090 / 10 26 Jun 2008	Amendment entry		In force 26 Jun 2008	PDF
Ä 80090 / 9 24 Jan 2008	Amendment entry		In force 24 Jan 2008	PDF
Ä 80090 / 8 24 Oct 2007	Amendment entry		In force 24 Oct 2007	PDF
Ä 80090 / 7 26 Feb 2007	Amendment entry		In force 26 Feb 2007	PDF
Ä 80090 / 6 4 May 2006	Amendment entry		In force 4 May 2006	PDF
Ä 80090 / 5 3 May 2006	Amendment entry		In force 3 May 2006	PDF
Ä 80090 / 4 6 Dec 2005	Amendment entry		In force	PDF
Ä 80090 / 3 17 Mar 2005	Amendment entry		In force	PDF
Ä 80090 / 2 4 Nov 2004	Amendment entry		In force	PDF
Ä 80090 14 May 2004	First entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data