Euro Accounting OÜ

Active Registry code 11271682 OÜ Tallinn Registered 6 Jul 2006

Euro Accounting OÜ is a OÜ based in Tallinn, registry code 11271682, status: active. Main activity: Bookkeeping, tax consulting. According to EMTA, turnover for Q3 2026 was €114 050 with 4 employees.

Turnover

114 050 €

↑ 22.1% vs Q2 2026

State taxes

32 837 €

↑ 2.4% vs Q2 2026

Labour taxes

11 020 €

↓ 0.2% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Legal and accounting activities · EMTAK 69

Turnover · Q3 2026 114 050 €

above 95% of companies

industry median 9 740 € · companies in the industry: 3 327
Labour taxes per employee 2 755 €

above 85% of companies

industry median 1 122 € · companies in the industry: 3 120
Revenue · 2025 326 525 €

above 98% of companies

industry median 12 784 € · companies in the industry: 8 416
Net profit margin · 2025 17.2 %

above 53% of companies

industry median 14.8 % · companies in the industry: 6 880

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 114 050 € · +22.1% vs Q2 2026 · industry median 9 740 € · above 95% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 755 € · −0.2% vs Q2 2026 · industry median 1 122 € · above 85% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 32 837 € · +2.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	114 050	32 837	11 020	4
Q2 2026	93 421	32 057	11 040	4
Q1 2026	110 334	34 000	10 903	4
Q4 2025	78 084	31 731	12 992	4
Q3 2025	90 721	31 054	12 992	4
Q2 2025	81 298	28 337	13 802	4
Q1 2025	88 242	32 405	12 370	4
Q4 2024	84 040	34 177	11 843	4
Q3 2024	92 621	71 892	13 014	4
Q2 2024	69 945	26 274	12 417	4
Q1 2024	74 838	24 386	9 852	3
Q4 2023	70 046	21 121	9 828	4
Q3 2023	67 946	26 634	11 869	4
Q2 2023	73 630	22 965	9 759	4
Q1 2023	79 358	23 457	9 236	4
Q4 2022	66 180	20 462	8 673	4
Q3 2022	66 359	20 770	8 673	4
Q2 2022	59 011	28 032	9 435	4
Q1 2022	68 036	23 852	9 368	4

Labour taxes per employee per month

918 €

Turnover per employee in the quarter

28 513 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 326 525 € · +7.9% vs 2024 · industry median 12 784 € · above 98% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 56 193 € · +163.5% vs 2024 · industry median 1 062 € · above 98% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 17.2 % · +10.2 pp vs the year before · industry median 14.8 % · above 53% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 211 207 € · +30.7% vs 2024

Equity, € thousand 2025: 204 015 € · +30.3% vs 2024

Employees 2025: 4 · +0.0% vs 2024 · industry median 1 · above 93% of the industry

Company
Industry median

Industry: Legal and accounting 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	326 525	56 193	121 358	211 207	204 015	4
2024	302 671	21 329	111 975	161 594	156 573	4
2023	285 686	90 580	100 850	361 087	356 643	4
2022	261 142	76 155	88 286	286 198	282 063	4
2021	216 541	74 480	74 140	253 909	250 088	4
2020	205 797	69 255	64 226	199 753	196 608	4
2019	206 977	65 789	70 609	148 613	145 602	4
2018	—	—	—	—	—	4
2017	—	—	—	—	—	4
2016	—	—	—	—	—	4
2015	—	—	—	—	—	4
2014	—	—	—	—	—	3
2013	—	—	—	—	—	3
2012	—	—	—	—	—	2
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	2
2008	—	—	—	—	—	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

17.2 %

Net profit / revenue

Return on equity (ROE)

27.5 %

Net profit / equity

Return on assets (ROA)

26.6 %

Net profit / assets

Equity ratio

96.6 %

Equity / assets

Debt ratio

3.4 %

Liabilities / assets

Current ratio

24.50

Current assets / current liabilities

Revenue per employee

81 631 €

Revenue / average full-time employees

Labour cost per employee per month

2 528 €

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	12 Sep 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	27 Aug 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	3 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	26 Feb 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	23 Aug 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	31 Oct 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own	e-Äriregister

Board

Erik Muugamäe
Board member · since 6 Jul 2006

Right of representation

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

Owners

Erik Muugamäe
Natural person · 36 000 €

90%
Yuliya Lakhk
Natural person · 4 000 €

10%

Beneficial owners

Yuliya Lakhk
Direct ownership · since 3 Jun 2024
Erik Muugamäe
Direct ownership · since 3 Sep 2018

Founders and other persons

Erik Muugamäe
Founder · 20 000 € · 6 Jul 2006
Yuliya Lakhk
Founder · 20 000 € · 6 Jul 2006

shared board members, owners or beneficial owners

Activities (EMTAK)

69202Bookkeeping, tax consulting Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10100033 / M2 12 Sep 2026	Warning of a fine: annual report not filed	12 Oct 2026	Deficiencies eliminated 13 Sep 2026	PDF
Ä 10100033 / M1 27 Aug 2025	Warning of a fine: annual report not filed	26 Sep 2025	Deficiencies eliminated 28 Aug 2025	PDF
Ä 10100033 / 9 5 Jun 2024	Amendment entry		In force 5 Jun 2024	PDF
Ä 10100033 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10100033 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10100033 / 6 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10100033 / 5 23 Dec 2016	Amendment under Commercial Code § 525 (2)		In force 23 Dec 2016	PDF
Ä 10100033 / 4 30 Jan 2013	Amendment under Commercial Code § 525 (2)		In force 30 Jan 2013	PDF
Ä 10100033 / 3 5 Jul 2010	Amendment entry		In force 6 Jul 2010	PDF
Ä 100033 / 2 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 100033 6 Jul 2006	First entry		In force 6 Jul 2006	PDF

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

Euro Accounting OÜ

Position in the industry Legal and accounting activities · EMTAK 69

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 11