Usaldusühing Balt Ehitusprojekt

Active Registry code 11048441 UÜ Narva linn Registered 26 Aug 2004

Usaldusühing Balt Ehitusprojekt is a UÜ based in Narva linn, registry code 11048441, status: active. Main activity: Constructional engineering-technical designing and consulting. Its annual report for 2025 shows revenue of €9 080 and 1 employees.

Turnover

—

State taxes

1 089 €

↑ 5.1% vs Q2 2026

Labour taxes

1 157 €

↑ 4.9% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Architectural and engineering activities; technical testing and analysis · EMTAK 71

Labour taxes per employee 1 157 €

above 28% of companies

industry median 1 751 € · companies in the industry: 1 910
Revenue · 2025 9 080 €

above 36% of companies

industry median 23 548 € · companies in the industry: 4 824
Net profit margin · 2025 -52.9 %

above 7% of companies

industry median 15.1 % · companies in the industry: 3 876

Taxes and turnover

Q4 2023 – Q3 2026

Labour taxes per employee, € Q3 2026: 1 157 € · +4.9% vs Q2 2026 · industry median 1 751 € · above 28% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 089 € · +5.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	1 089	1 157	1
Q2 2026	—	1 036	1 103	1
Q1 2026	—	1 021	1 085	1
Q4 2025	—	1 021	1 085	1
Q3 2025	—	1 021	1 085	1
Q2 2025	—	1 021	1 085	1
Q1 2025	—	982	1 044	1
Q4 2024	—	904	963	1
Q3 2024	—	904	963	1
Q2 2024	—	904	963	1
Q1 2024	—	853	910	1
Q4 2023	—	753	806	1
Q3 2023	—	753	806	1
Q2 2023	—	753	806	1
Q1 2023	—	747	797	1
Q4 2022	—	734	781	1
Q3 2022	—	734	781	1
Q2 2022	—	734	781	1
Q1 2022	—	697	742	1

Labour taxes per employee per month

386 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 9 080 € · −35.5% vs 2024 · industry median 23 548 € · above 36% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -4 800 € · −798.7% vs 2024 · industry median 1 536 € · above 12% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -52.9 % · −57.7 pp vs the year before · industry median 15.1 % · above 7% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 7 176 € · −40.4% vs 2024

Equity, € 2025: 7 176 € · −40.1% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (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	9 080	-4 800	13 725	7 176	7 176	1
2024	14 078	687	13 230	12 040	11 976	1
2023	16 775	4 977	11 641	11 289	11 289	1
2022	8 562	-1 639	10 501	6 312	6 312	1
2021	6 490	-3 118	9 377	8 173	7 951	1
2020	9 240	-788	9 318	11 291	11 069	1
2019	12 575	2 538	8 617	12 054	11 857	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1
2009	—	—	—	—	—	2
2008	—	—	—	—	—	2

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

-52.9 %

Net profit / revenue

Return on equity (ROE)

-66.9 %

Net profit / equity

Return on assets (ROA)

-66.9 %

Net profit / assets

Equity ratio

100.0 %

Equity / assets

Debt ratio

0.0 %

Liabilities / assets

Revenue per employee

9 080 €

Revenue / average full-time employees

Labour cost per employee per month

1 144 €

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	19 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	24 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	13 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	2 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	11 Jun 2020	Company’s own	e-Äriregister

Board

Niina Ivantsova
General partner · since 26 Aug 2004
Viktor Ivantsov
Limited partner · since 11 Jul 2017

Right of representation

Any general partner may represent the limited partnership in all transactions.

Owners

No owner information.

Beneficial owners

Niina Ivantsova
Direct ownership · since 3 Feb 2025

Founders and other persons

No other persons.

Activities (EMTAK)

71121Constructional engineering-technical designing and consulting Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 40016531 / 8 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 40016531 / 7 5 Dec 2017	Amendment entry		In force 5 Dec 2017	PDF
Ä 40016531 / 6 11 Jul 2017	Amendment entry		In force 11 Jul 2017	PDF
Ä 40016531 / M1 7 Jul 2017	Ruling to eliminate deficiencies	19 Jul 2017	Deficiencies eliminated 11 Jul 2017	PDF
Ä 40016531 / 5 29 Jun 2017	Amendment entry		In force 29 Jun 2017	PDF
Ä 40016531 / 4 17 Nov 2011	Automatic euro conversion entry		In force 17 Nov 2011	PDF
Ä 40016531 / 3 21 Sep 2011	Amendment under Commercial Code § 525 (2)		In force 21 Sep 2011	PDF
Ä 40016531 / 2 20 Apr 2010	Deletion of activities from the registry card		In force 20 Apr 2010	PDF
Ä 16531 25 Aug 2004	First entry		In force	PDF

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