Baltnet Solutions OÜ is a OÜ based in Tallinn, registry code 11620266, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €33 088 with 1 employees.
Turnover
33 088 €
↓ 14.1%vs Q2 2026
State taxes
7 592 €
↓ 14.4%vs Q2 2026
Labour taxes
4 292 €
↑ 0.0%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Computer programming, consultancy and related activities · EMTAK 62
Turnover · Q3 202633 088 €
above 65% of companies
industry median 19 078 € · companies in the industry: 7 345
Labour taxes per employee4 292 €
above 70% of companies
industry median 2 345 € · companies in the industry: 2 783
Revenue · 2025137 207 €
above 82% of companies
industry median 14 309 € · companies in the industry: 13 336
Net profit margin · 20257.8 %
above 42% of companies
industry median 15.1 % · companies in the industry: 8 943
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 33 088 € · −14.1% vs Q2 2026 · industry median 19 078 € · above 65% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 4 292 € · +0.0% vs Q2 2026 · industry median 2 345 € · above 70% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 7 592 € · −14.4% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
33 088
7 592
4 292
1
Q2 2026
38 510
8 870
4 292
1
Q1 2026
34 884
9 445
5 766
1
Q4 2025
46 663
10 877
4 888
2
Q3 2025
37 302
8 046
5 415
2
Q2 2025
20 108
6 208
5 245
2
Q1 2025
32 193
7 910
5 260
2
Q4 2024
37 430
6 091
4 900
2
Q3 2024
32 172
7 141
4 086
2
Q2 2024
33 705
4 310
3 303
2
Q1 2024
33 107
8 470
3 872
2
Q4 2023
40 135
4 581
3 100
2
Q3 2023
31 339
5 201
4 589
2
Q2 2023
37 199
6 997
4 751
2
Q1 2023
35 096
6 305
4 794
2
Q4 2022
43 332
8 002
4 189
2
Q3 2022
29 701
6 453
4 819
2
Q2 2022
35 400
6 520
3 219
2
Q1 2022
34 349
5 779
3 079
1
Labour taxes per employee per month
1 431 €
Turnover per employee in the quarter
33 088 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 137 207 € · +0.7% vs 2024 · industry median 14 309 € · above 82% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 10 637 € · −46.9% vs 2024 · industry median 106 € · above 72% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 7.8 % · −6.9 pp vs the year before · industry median 15.1 % · above 42% of the industry
Company
Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 243 433 € · +4.8% vs 2024Equity, € thousand 2025: 236 087 € · +4.7% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 1 · above 75% of the industry
Company
Industry median
Industry: Computer programming, consultancy 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
137 207
10 637
50 776
243 433
236 087
2
2024
136 257
20 033
39 903
232 317
225 450
2
2023
140 353
21 163
38 943
223 562
205 417
2
2022
143 748
37 734
38 508
210 943
184 254
2
2021
112 564
31 841
22 946
186 303
146 520
1
2020
115 535
40 005
18 952
117 575
114 679
1
2019
115 495
26 269
17 677
77 770
74 673
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
1
2014
—
—
—
—
—
0
2013
—
—
—
—
—
1
2012
—
—
—
—
—
1
2011
—
—
—
—
—
1
2010
—
—
—
—
—
1
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
7.8 %
Net profit / revenue
Return on equity (ROE)
4.5 %
Net profit / equity
Return on assets (ROA)
4.4 %
Net profit / assets
Equity ratio
97.0 %
Equity / assets
Debt ratio
3.0 %
Liabilities / assets
Current ratio
16.33
Current assets / current liabilities
Revenue per employee
68 604 €
Revenue / average full-time employees
Labour cost per employee per month
2 116 €
Labour costs / employees / 12 months (incl. employer taxes)
