Osaühing Startrade Baltic

Active Registry code 11092407 OÜ Tallinn Registered 15 Dec 2004

Osaühing Startrade Baltic is a OÜ based in Tallinn, registry code 11092407, status: active. Main activity: Manufacture of household textiles, such as bedding, towels, curtains, etc.. According to EMTA, turnover for Q3 2026 was €33 539 with 1 employees.

Turnover

33 539 €

↓ 40.3% vs Q2 2026

State taxes

5 550 €

↓ 65.8% vs Q2 2026

Labour taxes

2 362 €

↓ 85.9% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Manufacture of textiles · EMTAK 13

Turnover · Q3 2026 33 539 €

above 55% of companies

industry median 26 312 € · companies in the industry: 240
Labour taxes per employee 2 362 €

above 80% of companies

industry median 1 362 € · companies in the industry: 205
Revenue · 2025 406 773 €

above 86% of companies

industry median 19 482 € · companies in the industry: 429
Net profit margin · 2025 5.9 %

above 62% of companies

industry median 2.4 % · companies in the industry: 321

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 33 539 € · −40.3% vs Q2 2026 · industry median 26 312 € · above 55% of the industry

Company
Industry median

Industry: Manufacture of textiles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 362 € · −85.9% vs Q2 2026 · industry median 1 362 € · above 80% of the industry

Company
Industry median

Industry: Manufacture of textiles (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: 5 550 € · −65.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	33 539	5 550	2 362	1
Q2 2026	56 162	16 250	16 729	1
Q1 2026	75 187	20 890	20 411	11
Q4 2025	108 755	26 423	21 249	11
Q3 2025	119 413	26 654	27 731	11
Q2 2025	145 805	21 149	21 901	14
Q1 2025	73 584	24 231	24 052	12
Q4 2024	109 851	25 331	24 799	13
Q3 2024	129 627	25 616	24 307	12
Q2 2024	111 938	22 756	20 097	11
Q1 2024	65 841	20 272	19 346	11
Q4 2023	109 788	23 852	23 313	11
Q3 2023	87 369	25 768	24 602	12
Q2 2023	119 865	22 161	22 333	12
Q1 2023	93 490	24 163	25 256	16
Q4 2022	133 443	26 952	26 283	15
Q3 2022	117 735	24 137	20 868	15
Q2 2022	142 056	25 314	20 641	15
Q1 2022	88 092	28 209	21 962	15

Labour taxes per employee per month

787 €

Turnover per employee in the quarter

33 539 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 406 773 € · +0.8% vs 2024 · industry median 19 482 € · above 86% of the industry

Company
Industry median

Industry: Manufacture of textiles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 23 913 € · +2 816.2% vs 2024 · industry median 3 € · above 89% of the industry

Company
Industry median

Industry: Manufacture of textiles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.9 % · +5.7 pp vs the year before · industry median 2.4 % · above 62% of the industry

Company
Industry median

Industry: Manufacture of textiles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 196 412 € · −0.9% vs 2024

Equity, € thousand 2025: 80 734 € · −16.6% vs 2024

Employees 2025: 12 · −7.7% vs 2024 · industry median 2 · above 80% of the industry

Company
Industry median

Industry: Manufacture of textiles (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	406 773	23 913	244 344	196 412	80 734	12
2024	403 438	820	235 036	198 290	96 821	13
2023	375 078	-14 473	227 587	234 276	96 001	12
2022	416 537	28 485	228 900	295 481	110 474	14
2021	581 519	109 031	249 431	336 103	181 990	16
2020	518 200	110 555	229 074	319 487	172 959	15
2019	486 492	105 755	211 362	241 862	162 405	13
2018	—	—	—	—	—	11
2017	—	—	—	—	—	15
2016	—	—	—	—	—	15
2015	—	—	—	—	—	12
2014	—	—	—	—	—	14
2013	—	—	—	—	—	14
2012	—	—	—	—	—	14
2011	—	—	—	—	—	12
2010	—	—	—	—	—	10
2009	—	—	—	—	—	0
2008	—	—	—	—	—	10
2007	—	—	—	—	—	18
2006	—	—	—	—	—	15
2005	—	—	—	—	—	15

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

5.9 %

Net profit / revenue

Return on equity (ROE)

29.6 %

Net profit / equity

Return on assets (ROA)

12.2 %

Net profit / assets

Equity ratio

41.1 %

Equity / assets

Debt ratio

58.9 %

Liabilities / assets

Current ratio

1.07

Current assets / current liabilities

Revenue per employee

33 898 €

Revenue / average full-time employees

Labour cost per employee per month

1 697 €

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	2 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	2 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	6 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	25 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	21 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	6 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	21 May 2020	Company’s own	e-Äriregister

Board

Illar Matzstein
Board member · since 27 Jan 2009

Right of representation

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

Owners

Illar Matzstein
Natural person · 2 556 €

100%

Beneficial owners

Illar Matzstein
Direct ownership · since 19 Oct 2018

Founders and other persons

Osaühing WASP PROJECT
Founder · 40 000 € · 15 Dec 2004

Activities (EMTAK)

13921Manufacture of household textiles, such as bedding, towels, curtains, etc. Main
49411Freight transport by road

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10084933 / 12 13 Aug 2026	Amendment under Code of Civil Procedure § 595¹ (1)	In force 13 Aug 2026	PDF
Ä 10084933 / 11 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10084933 / 10 25 Nov 2022	Amendment under Commercial Code § 525 (2)	In force 25 Nov 2022	PDF
Ä 10084933 / 9 9 Mar 2021	Amendment under Commercial Code § 525 (2)	In force 9 Mar 2021	PDF
Ä 10084933 / 8 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10084933 / 7 8 Nov 2017	Amendment entry	In force 8 Nov 2017	PDF
Ä 10084933 / 6 31 Aug 2016	Amendment entry	In force 31 Aug 2016	PDF
Ä 10084933 / 5 3 Jan 2012	Amendment entry	In force 3 Jan 2012	PDF
Ä 10084933 / 4 30 Jun 2010	Deletion of activities from the registry card	In force 30 Jun 2010	PDF
Ä 84933 / 3 27 Jan 2009	Amendment entry	In force 27 Jan 2009	PDF
Ä 84933 / 2 26 Jan 2005	Amendment entry	In force	PDF
Ä 84933 15 Dec 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