Balte OÜ is a OÜ based in Tartu linn, registry code 11671045, status: active. Main activity: Other earth and soil works. According to EMTA, turnover for Q3 2026 was €395 199 with 20 employees.
Turnover
395 199 €
↑ 48.3%vs Q2 2026
State taxes
104 259 €
↑ 88.5%vs Q2 2026
Labour taxes
50 126 €
↑ 99.5%vs Q2 2026
Employees
20
+2vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026395 199 €
above 98% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee2 506 €
above 84% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 20251.4 mn €
above 98% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20259.9 %
above 64% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 395 199 € · +48.3% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 2 506 € · +79.5% vs Q2 2026 · industry median 1 236 € · above 84% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Revenue, € thousand 2025: 1 425 770 € · +36.8% vs 2024 · industry median 37 328 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 141 312 € · +30.9% vs 2024 · industry median 561 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 9.9 % · −0.4 pp vs the year before · industry median 3.9 % · above 64% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 624 622 € · +25.4% vs 2024Equity, € thousand 2025: 442 761 € · +18.6% vs 2024Employees2025: 11 · +0.0% vs 2024 · industry median 1 · above 98% of the industry
Company
Industry median
Industry: Specialised construction 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
1 425 770
141 312
348 395
624 622
442 761
11
2024
1 041 978
107 929
299 757
498 054
373 449
11
2023
993 137
51 829
310 641
562 010
334 223
12
2022
1 074 374
76 199
292 338
523 889
329 704
7
2021
1 484 089
66 299
342 911
462 828
288 304
15
2020
1 046 270
95 238
271 097
434 664
274 855
16
2019
1 011 129
10 463
400 979
396 506
216 756
17
2018
—
—
—
—
—
19
2017
—
—
—
—
—
15
2016
—
—
—
—
—
14
2015
—
—
—
—
—
14
2014
—
—
—
—
—
15
2013
—
—
—
—
—
15
2012
—
—
—
—
—
15
2011
—
—
—
—
—
16
2010
—
—
—
—
—
15
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
9.9 %
Net profit / revenue
Return on equity (ROE)
31.9 %
Net profit / equity
Return on assets (ROA)
22.6 %
Net profit / assets
Equity ratio
70.9 %
Equity / assets
Debt ratio
29.1 %
Liabilities / assets
Current ratio
2.82
Current assets / current liabilities
Revenue per employee
129 615 €
Revenue / average full-time employees
Labour cost per employee per month
2 639 €
Labour costs / employees / 12 months (incl. employer taxes)
