Baltas Kubas Estonia OÜ

Active Registry code 11314279 OÜ Tallinn Registered 8 Nov 2006

Baltas Kubas Estonia OÜ is a OÜ based in Tallinn, registry code 11314279, status: active. Main activity: Activities of agents involved in non-specialised wholesale. According to EMTA, turnover for Q3 2026 was €60 462 with 1 employees.

Turnover

60 462 €

↑ 0.7% vs Q2 2026

State taxes

7 570 €

↓ 0.4% vs Q2 2026

Labour taxes

201 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 60 462 €

above 50% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 201 €

above 2% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 103 520 €

above 56% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 -12.1 %

above 14% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 60 462 € · +0.7% vs Q2 2026 · industry median 60 065 € · above 50% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 201 € · +0.0% vs Q2 2026 · industry median 2 104 € · above 2% of the industry

Company
Industry median

Industry: Wholesale trade (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: 7 570 € · −0.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	60 462	7 570	201	1
Q2 2026	60 039	7 598	201	1
Q1 2026	55 497	6 766	605	1
Q4 2025	58 842	7 292	298	1
Q3 2025	42 914	5 042	297	1
Q2 2025	34 568	4 096	297	1
Q1 2025	38 279	16 048	355	1
Q4 2024	49 519	21 313	419	1
Q3 2024	62 165	7 619	451	1
Q2 2024	91 952	28 972	447	1
Q1 2024	48 972	6 493	447	1
Q4 2023	53 255	5 666	447	1
Q3 2023	111 324	4 620	447	1
Q2 2023	51 761	5 842	447	1
Q1 2023	38 998	6 080	532	1
Q4 2022	52 309	6 765	669	1
Q3 2022	38 207	4 360	610	1
Q2 2022	31 246	—	577	1
Q1 2022	27 404	4 101	609	1

Labour taxes per employee per month

67 €

Turnover per employee in the quarter

60 462 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 103 520 € · −27.5% vs 2024 · industry median 63 691 € · above 56% of the industry

Company
Industry median

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

Net profit, € 2025: -12 500 € · −119.5% vs 2024 · industry median 127 € · above 12% of the industry

Company
Industry median

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

Net profit margin, % 2025: -12.1 % · −56.9 pp vs the year before · industry median 2.7 % · above 14% of the industry

Company
Industry median

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

Assets, € thousand 2025: 163 990 € · −9.6% vs 2024

Equity, € thousand 2025: 101 611 € · −11.0% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Wholesale trade (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	103 520	-12 500	12 144	163 990	101 611	1
2024	142 693	63 941	12 137	181 428	114 111	1
2023	107 029	-22 523	13 065	412 637	50 170	1
2022	83 552	-58 697	12 307	474 162	72 693	1
2021	280 205	-29 250	18 874	537 365	131 390	2
2020	528 660	4 112	31 656	394 996	160 640	4
2019	476 660	33 138	26 923	268 618	156 528	2
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	2
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0
2008	—	—	—	—	—	3
2007	—	—	—	—	—	3

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

-12.1 %

Net profit / revenue

Return on equity (ROE)

-12.3 %

Net profit / equity

Return on assets (ROA)

-7.6 %

Net profit / assets

Equity ratio

62.0 %

Equity / assets

Debt ratio

38.0 %

Liabilities / assets

Current ratio

2.56

Current assets / current liabilities

Revenue per employee

103 520 €

Revenue / average full-time employees

Labour cost per employee per month

1 012 €

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	1 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	8 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	28 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	14 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	7 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	8 Oct 2020	Company’s own	e-Äriregister

Board

Jevgeni Simonov
Board member · since 1 Dec 2006
Vaidotas Trinkūnas
Board member · since 1 Dec 2006

Right of representation

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

Owners

Jevgeni Simonov
Natural person · 2 556 €

50%
Vaidotas Trinkūnas
Natural person · 2 556 €

50%

Beneficial owners

Jevgeni Simonov
Direct ownership · since 27 Sep 2018
Vaidotas Trinkūnas
Direct ownership · LTU · since 27 Sep 2018

Founders and other persons

OÜ Altius Consult
Founder · 40 000 € · 8 Nov 2006

shared board members, owners or beneficial owners

Activities (EMTAK)

46191Activities of agents involved in non-specialised wholesale Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10103643 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10103643 / 8 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10103643 / 7 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10103643 / 6 13 Jan 2016	Amendment entry		In force 13 Jan 2016	PDF
Ä 10103643 / 5 17 Apr 2015	Amendment entry		In force 17 Apr 2015	PDF
Ä 10103643 / M2 6 Apr 2015	Ruling to eliminate deficiencies	26 Apr 2015	In force 6 Apr 2015	PDF
Ä 103643 / 4 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
Ä 103643 / 3 10 Oct 2008	Amendment entry		In force 10 Oct 2008	PDF
Ä 103643 / M1 26 Jun 2008	Ruling to eliminate deficiencies (to be served)	25 Aug 2008	In force 26 Jul 2008	PDF
Ä 103643 / 2 1 Dec 2006	Amendment entry		In force 1 Dec 2006	PDF
Ä 103643 8 Nov 2006	First entry		In force 8 Nov 2006	PDF

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

Baltas Kubas Estonia OÜ

Position in the industry Wholesale trade · EMTAK 46

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