Baltnet Holidays OÜ is a OÜ based in Maardu linn, registry code 11372615, status: active. Main activity: Travel agency activities. Its annual report for 2025 shows revenue of €300 564 and 1 employees.
Turnover
—
State taxes
979 €
↑ 0.0%vs Q2 2026
Labour taxes
1 096 €
↑ 0.0%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Travel agency, tour operator and other reservation service and related activities · EMTAK 79
Labour taxes per employee548 €
above 12% of companies
industry median 1 423 € · companies in the industry: 297
Revenue · 2025300 564 €
above 80% of companies
industry median 27 722 € · companies in the industry: 819
Net profit margin · 2025-1.4 %
above 18% of companies
industry median 5.5 % · companies in the industry: 644
Taxes and turnover
Q4 2022 – Q3 2026
Labour taxes per employee, € Q3 2026: 548 € · +0.0% vs Q2 2026 · industry median 1 423 € · above 12% of the industry
Company
Industry median
Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 2 · +0.0% vs Q2 2026State taxes, € Q3 2026: 979 € · +0.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
979
1 096
2
Q2 2026
—
979
1 096
2
Q1 2026
—
989
1 106
2
Q4 2025
—
1 009
1 126
2
Q3 2025
—
1 010
1 126
2
Q2 2025
—
1 009
1 126
2
Q1 2025
—
935
1 046
2
Q4 2024
—
896
1 002
1
Q3 2024
—
894
1 002
1
Q2 2024
—
894
1 002
1
Q1 2024
—
298
334
1
Q4 2022
—
242
271
—
Q3 2022
—
726
812
1
Q2 2022
—
726
812
1
Q1 2022
—
689
772
1
Labour taxes per employee per month
183 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 300 564 € · +9.1% vs 2024 · industry median 27 722 € · above 80% of the industry
Company
Industry median
Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -4 143 € · +46.6% vs 2024 · industry median 1 194 € · above 10% of the industry
Company
Industry median
Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -1.4 % · +1.4 pp vs the year before · industry median 5.5 % · above 18% of the industry
Company
Industry median
Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 81 607 € · −26.0% vs 2024Equity, € thousand 2025: 78 355 € · −5.0% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
Company
Industry median
Industry: Travel agency, tour operator and other reservation service and related 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
300 564
-4 143
13 509
81 607
78 355
1
2024
275 521
-7 757
4 389
110 350
82 498
1
2023
264 756
26 356
4 575
96 844
90 255
1
2022
59 592
-22 748
9 751
65 099
63 899
1
2021
14 861
-28 896
9 377
87 991
86 647
1
2020
604 941
545
7 753
124 551
115 543
1
2019
—
—
—
—
—
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
1
2014
—
—
—
—
—
1
2013
—
—
—
—
—
1
2012
—
—
—
—
—
1
2011
—
—
—
—
—
0
2010
—
—
—
—
—
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
-1.4 %
Net profit / revenue
Return on equity (ROE)
-5.3 %
Net profit / equity
Return on assets (ROA)
-5.1 %
Net profit / assets
Equity ratio
96.0 %
Equity / assets
Debt ratio
4.0 %
Liabilities / assets
Current ratio
25.09
Current assets / current liabilities
Revenue per employee
300 654 €
Revenue / average full-time employees
Labour cost per employee per month
1 126 €
Labour costs / employees / 12 months (incl. employer taxes)