Timbeco Group OÜ

Active Registry code 11330261 OÜ Tõdva küla Registered 13 Dec 2006

Timbeco Group OÜ is a OÜ based in Tõdva küla, registry code 11330261, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €188 281 with 2 employees.

Turnover

188 281 €

↑ 14.4% vs Q2 2026

State taxes

0 €

↓ 100.0% vs Q2 2026

Labour taxes

7 266 €

↓ 0.3% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 188 281 €

above 89% of companies

industry median 15 029 € · companies in the industry: 7 444
Labour taxes per employee 3 633 €

above 94% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 452 769 €

above 98% of companies

industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 2025 90.2 %

above 90% of companies

industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 188 281 € · +14.4% vs Q2 2026 · industry median 15 029 € · above 89% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 633 € · −0.3% vs Q2 2026 · industry median 857 € · above 94% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 0 € · −100.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	188 281	—	7 266	2
Q2 2026	164 603	35 686	7 291	2
Q1 2026	257 785	52 997	6 550	2
Q4 2025	145 479	31 134	6 099	2
Q3 2025	81 813	20 869	8 197	1
Q2 2025	163 163	34 621	7 798	1
Q1 2025	463 117	77 750	7 815	1
Q4 2024	287 632	37 573	8 039	1
Q3 2024	189 340	46 030	10 582	1
Q2 2024	198 742	45 833	10 012	1
Q1 2024	236 937	48 795	11 373	1
Q4 2023	240 606	49 371	10 867	1
Q3 2023	281 438	53 158	10 645	1
Q2 2023	307 147	5 685	11 349	2
Q1 2023	317 643	53 450	11 258	2
Q4 2022	337 779	58 508	11 503	2
Q3 2022	298 407	—	5 505	2
Q2 2022	264 561	—	4 340	1
Q1 2022	208 463	14 975	4 705	1

Labour taxes per employee per month

1 211 €

Turnover per employee in the quarter

94 141 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 452 769 € · −32.6% vs 2024 · industry median 13 620 € · above 98% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 408 310 € · −3.2% vs 2024 · industry median 283 € · above 98% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 90.2 % · +27.3 pp vs the year before · industry median 5.9 % · above 90% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 7 595 931 € · +2.0% vs 2024

Equity, € thousand 2025: 6 807 791 € · +6.4% vs 2024

Employees 2025: 3 · −25.0% vs 2024 · industry median 1 · above 90% of the industry

Company
Industry median

Industry: Real estate 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	452 769	408 310	72 382	7 595 931	6 807 791	3
2024	671 290	421 837	98 033	7 447 336	6 399 480	4
2023	941 286	842 585	109 841	7 074 236	5 977 643	4
2022	919 058	746 232	83 815	6 706 510	5 535 058	4
2021	663 921	577 310	51 445	5 784 347	4 788 826	2
2020	665 111	533 377	33 404	4 944 140	4 211 516	2
2019	663 594	-805 960	32 843	4 505 741	3 678 139	2
2018	—	—	—	—	—	1
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	0
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	42
2010	—	—	—	—	—	0
2008	—	—	—	—	—	0
2007	—	—	—	—	—	0

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

90.2 %

Net profit / revenue

Return on equity (ROE)

6.0 %

Net profit / equity

Return on assets (ROA)

5.4 %

Net profit / assets

Equity ratio

89.6 %

Equity / assets

Debt ratio

10.4 %

Liabilities / assets

Current ratio

0.63

Current assets / current liabilities

Revenue per employee

150 923 €

Revenue / average full-time employees

Labour cost per employee per month

2 011 €

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	4 Aug 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	3 Jul 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	4 Jul 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	1 Jul 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	12 Nov 2020	Company’s own · audited	e-Äriregister

Board

Urmas Leisalu
Board member · since 13 Dec 2006
Anu Leisalu
Board member · since 9 May 2007
Siim Leisalu
Board member · since 9 May 2007

Right of representation

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

Owners

Urmas Leisalu
Natural person · 262 409 €

100%

Beneficial owners

Urmas Leisalu
Direct ownership · since 23 Sep 2018

Founders and other persons

Urmas Leisalu
Founder · 100 000 € · 13 Dec 2006
Kersti Liibert
Audit firm · 15 Oct 2010
Audiitorteenuse OÜ
Audit firm · 29 Jun 2012

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 15

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10104606 / 14 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10104606 / 13 30 Jan 2019	Amendment entry		In force 30 Jan 2019	PDF
Ä 10104606 / 12 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10104606 / 11 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10104606 / 10 2 Nov 2017	Amendment entry		In force 2 Nov 2017	PDF
Ä 10104606 / 9 18 Jul 2017	Amendment entry		In force 18 Jul 2017	PDF
Ä 10104606 / 8 29 May 2017	Amendment entry		In force 29 May 2017	PDF
Ä 10104606 / 7 26 May 2017	Second (constitutive) merger entry		In force 26 May 2017	PDF
Ä 10104606 / 6 1 Mar 2017	Amendment entry		In force 1 Mar 2017	PDF
Ä 10104606 / M1 28 Feb 2017	Ruling to eliminate deficiencies	30 Mar 2017	Deficiencies eliminated 1 Mar 2017	PDF
Ä 10104606 / 5 23 Dec 2016	Amendment entry		In force 23 Dec 2016	PDF
Ä 10104606 / 4 5 May 2011	Entry refused: deficiencies not eliminated		In force 5 May 2011	PDF
Ä 104606 / 3 3 Dec 2008	Deletion of activities from the registry card		In force 10 Dec 2008	PDF
Ä 104606 / 2 9 May 2007	Amendment entry		In force 9 May 2007	PDF
Ä 104606 12 Dec 2006	First entry		In force 13 Dec 2006	PDF

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

Timbeco Group OÜ

Position in the industry Real estate activities · EMTAK 68

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 15