RARE Building OÜ

Active Registry code 11376317 OÜ Tartu linn Registered 26 Apr 2007

RARE Building OÜ is a OÜ based in Tartu linn, registry code 11376317, status: active. Main activity: Construction of residential and non-residential buildings. Its annual report for 2024 shows revenue of €166 417 and 3 employees.

Turnover

—

State taxes

3 196 €

↑ 10.7% vs Q2 2026

Labour taxes

3 340 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Labour taxes per employee 3 340 €

above 92% of companies

industry median 1 211 € · companies in the industry: 4 133
Revenue · 2024 166 417 €

above 76% of companies

industry median 37 686 € · companies in the industry: 7 373
Net profit margin · 2024 -32.8 %

above 10% of companies

industry median 2.8 % · companies in the industry: 5 757

Taxes and turnover

Q4 2023 – Q3 2026

Labour taxes per employee, € Q3 2026: 3 340 € · +0.0% vs Q2 2026 · industry median 1 211 € · above 92% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (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: 3 196 € · +10.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	3 196	3 340	1
Q2 2026	—	2 886	3 340	1
Q1 2026	—	2 886	3 340	1
Q4 2025	—	3 196	3 340	1
Q3 2025	—	2 886	3 340	1
Q2 2025	—	4 112	4 322	1
Q1 2025	—	6 128	6 764	1
Q4 2024	—	6 977	7 572	3
Q3 2024	—	6 977	7 572	3
Q2 2024	—	6 977	7 572	3
Q1 2024	—	6 878	7 465	3
Q4 2023	—	6 828	7 411	3
Q3 2023	—	5 921	6 459	3
Q2 2023	—	6 828	7 411	3
Q1 2023	—	6 711	7 311	3
Q4 2022	—	6 701	7 353	3
Q3 2022	—	6 701	7 353	3
Q2 2022	—	6 701	7 353	3
Q1 2022	—	5 965	6 550	3

Labour taxes per employee per month

1 113 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2024: 166 417 € · −51.1% vs 2023 · industry median 37 686 € · above 76% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2024: -54 632 € · −152.4% vs 2023 · industry median 108 € · above 2% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: -32.8 % · −63.5 pp vs the year before · industry median 2.8 % · above 10% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 526 982 € · −7.1% vs 2023

Equity, € thousand 2024: 514 064 € · −6.7% vs 2023

Employees 2025: 2 · −33.3% vs 2024 · industry median 2 · above 50% of the industry

Company
Industry median

Industry: Construction of residential and non-residential buildings (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	—	—	—	—	—	2
2024	166 417	-54 632	76 304	526 982	514 064	3
2023	340 007	104 172	75 753	567 300	551 085	3
2022	274 578	15 574	81 016	476 956	446 913	3
2021	246 590	-18 042	80 841	459 678	431 339	3
2020	239 335	21 231	78 777	483 279	449 381	4
2019	194 992	9 653	46 748	462 815	428 150	3
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	3
2014	—	—	—	—	—	3
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3
2011	—	—	—	—	—	3
2010	—	—	—	—	—	3
2009	—	—	—	—	—	1
2008	—	—	—	—	—	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 2024

Net profit margin

-32.8 %

Net profit / revenue

Return on equity (ROE)

-10.6 %

Net profit / equity

Return on assets (ROA)

-10.4 %

Net profit / assets

Equity ratio

97.5 %

Equity / assets

Debt ratio

2.5 %

Liabilities / assets

Current ratio

40.48

Current assets / current liabilities

Revenue per employee

55 472 €

Revenue / average full-time employees

Labour cost per employee per month

2 120 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jan 2024 – 31 Dec 2024	22 Aug 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	2 Sep 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 Oct 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	18 Oct 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	16 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	12 Mar 2021	Company’s own	e-Äriregister

Board

Meelis Lillemets
Board member · since 26 Apr 2007

Right of representation

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

Owners

Meelis Lillemets
Natural person · 40 000 €

100%

Beneficial owners

Meelis Lillemets
Direct ownership · since 23 Oct 2018

Founders and other persons

Meelis Lillemets
Founder · 40 000 € · 25 Apr 2007

shared board members, owners or beneficial owners

Activities (EMTAK)

41001Construction of residential and non-residential buildings Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20038502 / M6 20 Sep 2026	Warning of deletion from the register: annual report not filed	24 Dec 2026	Deficiencies eliminated 2 Oct 2026	PDF
Ä 20038502 / M5 1 Sep 2024	Warning of deletion from the register: annual report not filed	5 Dec 2024	Deficiencies eliminated 3 Sep 2024	PDF
Ä 20038502 / M4 8 Jul 2024	Warning of deletion from the register: annual report not filed	11 Oct 2024	Deficiencies eliminated 24 Aug 2024	PDF
Ä 20038502 / M3 26 Sep 2023	Warning of deletion from the register: annual report not filed	30 Dec 2023	Deficiencies eliminated 30 Oct 2023	PDF
Ä 20038502 / 5 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20038502 / M2 21 Mar 2018	Warning of deletion from the register: annual report not filed	21 Sep 2018	Deficiencies eliminated 25 Sep 2018	PDF
Ä 20038502 / 4 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20038502 / 3 19 Dec 2017	Amendment entry		In force 19 Dec 2017	PDF
Ä 20038502 / 2 4 Dec 2017	Amendment entry		In force 4 Dec 2017	PDF
Ä 38502 / M1 30 Oct 2008	Warning of a fine: annual report not filed	8 Dec 2008	Deficiencies eliminated 20 Nov 2008	PDF
Ä 38502 26 Apr 2007	First entry		In force 26 Apr 2007	PDF

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

RARE Building OÜ

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

Taxes and turnover

Financials by year

Financial ratios for 2024

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 11