Toptrend OÜ

Active Registry code 11387189 OÜ Tallinn Registered 14 May 2007

Toptrend OÜ is a OÜ based in Tallinn, registry code 11387189, status: active. Main activity: Activities of agents involved in non-specialised wholesale. According to EMTA, turnover for Q3 2026 was €179 045 with 2 employees.

Turnover

179 045 €

↑ 59 581.7% vs Q2 2026

State taxes

45 978 €

↑ 981.6% vs Q2 2026

Labour taxes

3 311 €

↑ 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 179 045 €

above 67% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 1 656 €

above 41% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 1.3 mn €

above 85% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 7.5 %

above 68% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 179 045 € · +59 581.7% vs Q2 2026 · industry median 60 065 € · above 67% 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: 1 656 € · +0.0% vs Q2 2026 · industry median 2 104 € · above 41% 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: 2 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 45 978 € · +981.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	179 045	45 978	3 311	2
Q2 2026	300	4 251	3 311	2
Q1 2026	116 833	30 915	3 250	2
Q4 2025	182 066	45 154	3 250	2
Q3 2025	214 400	54 436	3 250	2
Q2 2025	429 175	100 812	3 138	2
Q1 2025	494 238	107 453	2 865	2
Q4 2024	293 045	66 325	2 769	2
Q3 2024	19 725	6 736	2 769	2
Q2 2024	71 952	18 274	2 769	2
Q1 2024	377 543	83 135	2 661	2
Q4 2023	344 583	70 255	2 444	2
Q3 2023	552 205	112 710	2 444	2
Q2 2023	415 811	87 129	2 094	2
Q1 2023	144 000	22 516	1 815	2
Q4 2022	94 801	11 125	1 624	2
Q3 2022	856 945	167 122	1 624	2
Q2 2022	261 230	48 378	1 624	2
Q1 2022	42 380	9 090	1 548	2

Labour taxes per employee per month

552 €

Turnover per employee in the quarter

89 523 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 293 382 € · +32.9% vs 2024 · industry median 63 691 € · above 85% 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, € thousand 2025: 97 485 € · +176.1% vs 2024 · industry median 127 € · above 88% 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: 7.5 % · +20.7 pp vs the year before · industry median 2.7 % · above 68% 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: 127 223 € · −34.1% vs 2024

Equity, € thousand 2025: 122 459 € · +390.3% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 45% 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	1 293 382	97 485	33 106	127 223	122 459	2
2024	972 945	-128 102	29 913	192 929	24 974	2
2023	1 598 236	20 956	26 342	164 023	153 076	2
2022	1 968 750	39 964	21 296	175 098	142 120	2
2021	540 242	14 262	18 840	111 530	108 155	2
2020	211 605	-8 585	18 870	95 928	93 893	2
2019	324 989	19 946	17 400	105 253	99 479	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0
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 2025

Net profit margin

7.5 %

Net profit / revenue

Return on equity (ROE)

79.6 %

Net profit / equity

Return on assets (ROA)

76.6 %

Net profit / assets

Equity ratio

96.3 %

Equity / assets

Debt ratio

3.7 %

Liabilities / assets

Current ratio

25.65

Current assets / current liabilities

Revenue per employee

646 691 €

Revenue / average full-time employees

Labour cost per employee per month

1 379 €

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	20 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 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	7 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	26 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	9 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	1 Jul 2020	Company’s own	e-Äriregister

Board

Sergei Belinis
Board member · since 13 May 2008

Right of representation

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

Owners

Sergei Belinis
Natural person · 2 556 €

100%

Beneficial owners

Sergei Belinis
Direct ownership · since 18 Oct 2018

Founders and other persons

Alphaline Consult OÜ
Founder · 40 000 € · 8 May 2007

Activities (EMTAK)

46191Activities of agents involved in non-specialised wholesale Main

Rulings 16

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10108998 / 12 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10108998 / 11 13 Feb 2020	Amendment under Commercial Code § 525 (2)		In force 13 Feb 2020	PDF
Ä 10108998 / M4 12 Feb 2020	Ruling to correct data outside an entry	26 Feb 2020	Deficiencies eliminated 13 Feb 2020	PDF
Ä 10108998 / 10 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10108998 / 9 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10108998 / 8 20 Apr 2017	Amendment entry		In force 20 Apr 2017	PDF
Ä 10108998 / 7 16 Sep 2016	Amendment entry		In force 16 Sep 2016	PDF
Ä 10108998 / 6 12 Dec 2011	Amendment entry		In force 12 Dec 2011	PDF
Ä 10108998 / 5 18 Aug 2010	Entry refused: deficiencies not eliminated		In force 18 Aug 2010	PDF
Ä 10108998 / M3 9 Jul 2010	Refund of the state fee		In force 9 Jul 2010	PDF
Ä 10108998 / 4 5 Jul 2010	Amendment entry		In force 5 Jul 2010	PDF
Ä 10108998 / M2 14 Jun 2010	Ruling to eliminate deficiencies	16 Aug 2010	In force 14 Jun 2010	PDF
Ä 108998 / 3 13 May 2008	Amendment entry		In force 13 May 2008	PDF
Ä 108998 / M1 12 May 2008	Ruling to eliminate deficiencies (to be served)		In force 12 May 2008	PDF
Ä 108998 / 2 17 May 2007	Amendment entry		In force 18 May 2007	PDF
Ä 108998 14 May 2007	First entry		In force 14 May 2007	PDF

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