IEC Develop OÜ

Active Registry code 11607107 OÜ Tallinn Registered 6 Mar 2009
Compare

IEC Develop OÜ is a OÜ based in Tallinn, registry code 11607107, status: active. Main activity: Other real estate activities on a fee or contract basis. Its annual report for 2025 shows revenue of €18 000 and 0 employees.

Turnover
—
State taxes
107 €
Labour taxes
0 €
Employees
—

Q2 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 18 000 €
    industry median 13 619 € · companies in the industry: 30 472
  • Net profit margin · 2025 85.0 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q1 2022 – Q2 2026
State taxes, € Q2 2026: 107 € · +13.8% vs Q4 2025
0255075100125Q1 2022 Company: 64 €Q1·22Q4 2022 Company: 54 €Q4·22Q1 2023 Company: 64 €Q1·23Q4 2023 Company: 54 €Q4·23Q2 2024 Company: 65 €Q2·24Q4 2024 Company: 65 €Q4·24Q2 2025 Company: 100 €Q2·25Q4 2025 Company: 94 €Q4·25Q2 2026 Company: 107 €Q2·260255075100125Q4 2022 Company: 54 €Q1 2023 Company: 64 €Q1·23Q4 2023 Company: 54 €Q2 2024 Company: 65 €Q2·24Q4 2024 Company: 65 €Q2 2025 Company: 100 €Q2·25Q4 2025 Company: 94 €Q2 2026 Company: 107 €Q2·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q2 2026 — 107 — —
Q4 2025 — 94 — —
Q2 2025 — 100 — —
Q4 2024 — 65 — —
Q2 2024 — 65 — —
Q4 2023 — 54 — —
Q1 2023 — 64 — —
Q4 2022 — 54 — —
Q1 2022 — 64 — —

Financials by year

2016 – 2025
Revenue, € 2025: 18 000 € · +0.0% vs 2024 · industry median 13 619 € · above 56% of the industry
05 00010 00015 00020 00025 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 24 000 € Industry median: 10 796 €20192020 Company: 18 000 € Industry median: 10 579 €20202021 Company: 18 000 € Industry median: 11 157 €20212022 Company: 18 000 € Industry median: 11 784 €20222023 Company: 18 000 € Industry median: 12 219 €20232024 Company: 18 000 € Industry median: 12 852 €20242025 Company: 18 000 € Industry median: 13 619 €202505 00010 00015 00020 00025 0002018 Company: — Industry median: —2019 Company: 24 000 € Industry median: 10 796 €20192020 Company: 18 000 € Industry median: 10 579 €2021 Company: 18 000 € Industry median: 11 157 €20212022 Company: 18 000 € Industry median: 11 784 €2023 Company: 18 000 € Industry median: 12 219 €20232024 Company: 18 000 € Industry median: 12 852 €2025 Company: 18 000 € Industry median: 13 619 €2025
  • 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, € 2025: 15 304 € · +7.4% vs 2024 · industry median 283 € · above 83% of the industry
05 00010 00015 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 14 329 € Industry median: 205 €20192020 Company: 8 126 € Industry median: 175 €20202021 Company: 11 445 € Industry median: 250 €20212022 Company: 11 572 € Industry median: 161 €20222023 Company: 14 045 € Industry median: 154 €20232024 Company: 14 244 € Industry median: 256 €20242025 Company: 15 304 € Industry median: 283 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: 14 329 € Industry median: 205 €20192020 Company: 8 126 € Industry median: 175 €2021 Company: 11 445 € Industry median: 250 €20212022 Company: 11 572 € Industry median: 161 €2023 Company: 14 045 € Industry median: 154 €20232024 Company: 14 244 € Industry median: 256 €2025 Company: 15 304 € Industry median: 283 €2025
  • 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: 85.0 % · +5.9 pp vs the year before · industry median 5.9 % · above 90% of the industry
0204060801002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 59.7 % Industry median: 5.7 %20192020 Company: 45.1 % Industry median: 5.6 %20202021 Company: 63.6 % Industry median: 7.4 %20212022 Company: 64.3 % Industry median: 5.9 %20222023 Company: 78.0 % Industry median: 5.2 %20232024 Company: 79.1 % Industry median: 6.0 %20242025 Company: 85.0 % Industry median: 5.9 %20250204060801002018 Company: — Industry median: —2019 Company: 59.7 % Industry median: 5.7 %20192020 Company: 45.1 % Industry median: 5.6 %2021 Company: 63.6 % Industry median: 7.4 %20212022 Company: 64.3 % Industry median: 5.9 %2023 Company: 78.0 % Industry median: 5.2 %20232024 Company: 79.1 % Industry median: 6.0 %2025 Company: 85.0 % Industry median: 5.9 %2025
  • 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: 115 289 € · +15.3% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 51 003 €20192020 Company: 48 679 €20202021 Company: 60 218 €20212022 Company: 71 696 €20222023 Company: 85 762 €20232024 Company: 99 985 €20242025 Company: 115 289 €202502550751001252018 Company: —2019 Company: 51 003 €20192020 Company: 48 679 €2021 Company: 60 218 €20212022 Company: 71 696 €2023 Company: 85 762 €20232024 Company: 99 985 €2025 Company: 115 289 €2025
Equity, € thousand 2025: 115 289 € · +15.3% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 40 553 €20192020 Company: 48 679 €20202021 Company: 60 124 €20212022 Company: 71 696 €20222023 Company: 85 742 €20232024 Company: 99 985 €20242025 Company: 115 289 €202502550751001252018 Company: —2019 Company: 40 553 €20192020 Company: 48 679 €2021 Company: 60 124 €20212022 Company: 71 696 €2023 Company: 85 742 €20232024 Company: 99 985 €2025 Company: 115 289 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • 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 18 000 15 304 0 115 289 115 289 0
2024 18 000 14 244 0 99 985 99 985 0
2023 18 000 14 045 0 85 762 85 742 0
2022 18 000 11 572 0 71 696 71 696 0
2021 18 000 11 445 0 60 218 60 124 0
2020 18 000 8 126 0 48 679 48 679 0
2019 24 000 14 329 0 51 003 40 553 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 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
85.0 %
Net profit / revenue
Return on equity (ROE)
13.3 %
Net profit / equity
Return on assets (ROA)
13.3 %
Net profit / assets
Equity ratio
100.0 %
Equity / assets
Debt ratio
0.0 %
Liabilities / assets

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 19 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 25 May 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 23 Jul 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

Activities (EMTAK)

  • 6832Other real estate activities on a fee or contract basis Main
Rulings
Number, date Title Deadline State Document
Ä 10126408 / 7
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 10126408 / M6
22 Jul 2020
Ruling to eliminate deficiencies in the annual report 20 Sep 2020 Deficiencies eliminated
23 Jul 2020
PDF
Ä 10126408 / M5
8 Mar 2018
Procedural ruling In force
8 Mar 2018
PDF
Ä 10126408 / 6
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10126408 / 5
30 Nov 2017
Amendment entry In force
30 Nov 2017
PDF
Ä 10126408 / M4
8 Aug 2017
Procedural ruling In force
8 Aug 2017
PDF
Ä 10126408 / M3
21 Jun 2016
Ruling to eliminate deficiencies in the annual report 20 Aug 2016 Deficiencies eliminated
27 Jun 2016
PDF
Ä 10126408 / 4
13 Jan 2016
Amendment entry In force
13 Jan 2016
PDF
Ä 10126408 / 3
7 Feb 2012
Amendment entry In force
7 Feb 2012
PDF
Ä 10126408 / 2
7 Feb 2012
Amendment entry In force
7 Feb 2012
PDF
Ä 10126408 / M2
1 Feb 2012
Ruling to eliminate deficiencies 5 Mar 2012 In force
1 Feb 2012
PDF
Ä 10126408 / M1
23 Jan 2012
Ruling to eliminate deficiencies In force
23 Jan 2012
PDF
Ä 126408
6 Mar 2009
First entry In force
6 Mar 2009
PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data