HeartMade OÜ

Active Registry code 11962512 OÜ Tartu linn Registered 5 Jul 2010
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HeartMade OÜ is a OÜ based in Tartu linn, registry code 11962512, status: active. Main activity: Other education n.e.c.. Its annual report for 2025 shows revenue of €1 524 and 0 employees.

Turnover
—
State taxes
411 €
↓ 33.3% vs Q1 2022
Labour taxes
462 €
↓ 33.3% vs Q1 2022
Employees
—

Q2 2022 · data from the Tax and Customs Board (EMTA)

Position in the industry Education · EMTAK 85

  • Revenue · 2025 1 524 €
    industry median 2 265 € · companies in the industry: 7 180
  • Net profit margin · 2025 -168.0 %
    industry median 6.7 % · companies in the industry: 5 232

Taxes and turnover

Q1 2022 – Q2 2022
Labour taxes per employee, € Q1 2022: 693 € · industry median 890 € · above 37% of the industry
02004006008001 000Q1 2022 Company: 693 € Industry median: 890 €Q1·22Q2 2022 Company: — Industry median: 990 €Q2·2202004006008001 000Q1 2022 Company: 693 € Industry median: 890 €Q2 2022 Company: — Industry median: 990 €Q2·22
  • Company
  • Industry median

Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q1 2022: 1
0.00.20.40.60.81.0Q1 2022 Company: 1Q1·22Q2 2022 Company: —Q2·220.00.20.40.60.81.0Q1 2022 Company: 1Q2 2022 Company: —Q2·22
State taxes, € Q2 2022: 411 € · −33.3% vs Q1 2022
0200400600800Q1 2022 Company: 616 €Q1·22Q2 2022 Company: 411 €Q2·220200400600800Q1 2022 Company: 616 €Q2 2022 Company: 411 €Q2·22
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q2 2022 — 411 462 —
Q1 2022 — 616 693 1

Financials by year

2016 – 2025
Revenue, € 2025: 1 524 € · −86.4% vs 2024 · industry median 2 265 € · above 47% of the industry
010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 20 707 € Industry median: 1 150 €20192020 Company: 26 444 € Industry median: 1 020 €20202021 Company: 39 546 € Industry median: 1 251 €20212022 Company: 6 455 € Industry median: 1 727 €20222023 Company: 14 466 € Industry median: 1 800 €20232024 Company: 11 165 € Industry median: 2 003 €20242025 Company: 1 524 € Industry median: 2 265 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 20 707 € Industry median: 1 150 €20192020 Company: 26 444 € Industry median: 1 020 €2021 Company: 39 546 € Industry median: 1 251 €20212022 Company: 6 455 € Industry median: 1 727 €2023 Company: 14 466 € Industry median: 1 800 €20232024 Company: 11 165 € Industry median: 2 003 €2025 Company: 1 524 € Industry median: 2 265 €2025
  • Company
  • Industry median

Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -2 560 € · −128.3% vs 2024 · industry median 136 € · above 13% of the industry
-15 000-10 000-5 00005 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -11 908 € Industry median: 259 €20192020 Company: -2 184 € Industry median: 228 €20202021 Company: -3 091 € Industry median: 207 €20212022 Company: -5 623 € Industry median: 93 €20222023 Company: 5 844 € Industry median: 179 €20232024 Company: 9 042 € Industry median: 102 €20242025 Company: -2 560 € Industry median: 136 €2025-15 000-10 000-5 00005 00010 0002018 Company: — Industry median: —2019 Company: -11 908 € Industry median: 259 €20192020 Company: -2 184 € Industry median: 228 €2021 Company: -3 091 € Industry median: 207 €20212022 Company: -5 623 € Industry median: 93 €2023 Company: 5 844 € Industry median: 179 €20232024 Company: 9 042 € Industry median: 102 €2025 Company: -2 560 € Industry median: 136 €2025
  • Company
  • Industry median

Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -168.0 % · −249.0 pp vs the year before · industry median 6.7 % · above 2% of the industry
-200-150-100-500501002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -57.5 % Industry median: 8.1 %20192020 Company: -8.3 % Industry median: 9.7 %20202021 Company: -7.8 % Industry median: 9.8 %20212022 Company: -87.1 % Industry median: 6.8 %20222023 Company: 40.4 % Industry median: 7.5 %20232024 Company: 81.0 % Industry median: 7.1 %20242025 Company: -168.0 % Industry median: 6.7 %2025-200-150-100-500501002018 Company: — Industry median: —2019 Company: -57.5 % Industry median: 8.1 %20192020 Company: -8.3 % Industry median: 9.7 %2021 Company: -7.8 % Industry median: 9.8 %20212022 Company: -87.1 % Industry median: 6.8 %2023 Company: 40.4 % Industry median: 7.5 %20232024 Company: 81.0 % Industry median: 7.1 %2025 Company: -168.0 % Industry median: 6.7 %2025
  • Company
  • Industry median

Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 7 846 € · −24.8% vs 2024
05 00010 00015 00020 00025 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 21 201 €20192020 Company: 16 204 €20202021 Company: 11 156 €20212022 Company: 6 218 €20222023 Company: 8 369 €20232024 Company: 10 433 €20242025 Company: 7 846 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: 21 201 €20192020 Company: 16 204 €2021 Company: 11 156 €20212022 Company: 6 218 €2023 Company: 8 369 €20232024 Company: 10 433 €2025 Company: 7 846 €2025
Equity, € 2025: 7 775 € · −24.8% vs 2024
-5 00005 00010 00015 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 6 347 €20192020 Company: 4 163 €20202021 Company: 1 072 €20212022 Company: -4 551 €20222023 Company: 1 293 €20232024 Company: 10 336 €20242025 Company: 7 775 €2025-5 00005 00010 00015 0002018 Company: —2019 Company: 6 347 €20192020 Company: 4 163 €2021 Company: 1 072 €20212022 Company: -4 551 €2023 Company: 1 293 €20232024 Company: 10 336 €2025 Company: 7 775 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 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: 1 Industry median: 12019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Education (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 1 524 -2 560 0 7 846 7 775 0
2024 11 165 9 042 0 10 433 10 336 0
2023 14 466 5 844 0 8 369 1 293 0
2022 6 455 -5 623 2 344 6 218 -4 551 1
2021 39 546 -3 091 5 256 11 156 1 072 1
2020 26 444 -2 184 7 951 16 204 4 163 1
2019 20 707 -11 908 9 293 21 201 6 347 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 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
-168.0 %
Net profit / revenue
Return on equity (ROE)
-32.9 %
Net profit / equity
Return on assets (ROA)
-32.6 %
Net profit / assets
Equity ratio
99.1 %
Equity / assets
Debt ratio
0.9 %
Liabilities / assets
Current ratio
110.51
Current assets / current liabilities

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 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Oct 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

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 85599Other education n.e.c. Main
  • 82991Other business support service activities n.e.c.

Rulings 7

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 20052688 / 7
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 20052688 / 6
17 Jan 2018
 Amendment entry In force
17 Jan 2018
 PDF
Ä 20052688 / 5
19 Dec 2017
 Amendment entry In force
19 Dec 2017
 PDF
Ä 20052688 / 4
1 Dec 2017
 Amendment entry In force
1 Dec 2017
 PDF
Ä 20052688 / 3
30 Jan 2017
 Amendment under Commercial Code § 525 (2) In force
30 Jan 2017
 PDF
Ä 20052688 / 2
8 Dec 2011
 Amendment entry In force
8 Dec 2011
 PDF
Ä 20052688
5 Jul 2010
 First entry In force
5 Jul 2010
 PDF

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