Veetõke OÜ

Active Registry code 12292752 OÜ Tartu linn Registered 25 May 2012
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Veetõke OÜ is a OÜ based in Tartu linn, registry code 12292752, status: active. Main activity: Other specialised construction activities. According to EMTA, turnover for Q3 2026 was €132 713 with 6 employees.

Turnover
132 713 €
↑ 39.3% vs Q2 2026
State taxes
23 169 €
↑ 14.4% vs Q2 2026
Labour taxes
11 911 €
↑ 4.9% vs Q2 2026
Employees
6
+1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 132 713 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 1 985 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 444 182 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 10.5 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 132 713 € · +39.3% vs Q2 2026 · industry median 23 017 € · above 86% of the industry
050100150200Q4 2023 Company: 89 805 € Industry median: 23 403 €Q4·23Q1 2024 Company: 72 992 € Industry median: 16 922 €Q2 2024 Company: 100 009 € Industry median: 18 660 €Q2·24Q3 2024 Company: 86 323 € Industry median: 21 547 €Q4 2024 Company: 96 802 € Industry median: 23 300 €Q4·24Q1 2025 Company: 56 945 € Industry median: 17 914 €Q2 2025 Company: 104 782 € Industry median: 20 215 €Q2·25Q3 2025 Company: 131 440 € Industry median: 22 700 €Q4 2025 Company: 157 130 € Industry median: 23 111 €Q4·25Q1 2026 Company: 65 321 € Industry median: 17 425 €Q2 2026 Company: 95 281 € Industry median: 20 462 €Q2·26Q3 2026 Company: 132 713 € Industry median: 23 017 €Q3·26050100150200Q4 2024 Company: 96 802 € Industry median: 23 300 €Q1 2025 Company: 56 945 € Industry median: 17 914 €Q1·25Q2 2025 Company: 104 782 € Industry median: 20 215 €Q3 2025 Company: 131 440 € Industry median: 22 700 €Q3·25Q4 2025 Company: 157 130 € Industry median: 23 111 €Q1 2026 Company: 65 321 € Industry median: 17 425 €Q1·26Q2 2026 Company: 95 281 € Industry median: 20 462 €Q3 2026 Company: 132 713 € Industry median: 23 017 €Q3·26
  • 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: 1 985 € · −12.6% vs Q2 2026 · industry median 1 236 € · above 74% of the industry
01 0002 0003 0004 000Q4 2023 Company: 1 599 € Industry median: 1 123 €Q4·23Q1 2024 Company: 1 787 € Industry median: 1 105 €Q2 2024 Company: 2 520 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 705 € Industry median: 1 141 €Q4 2024 Company: 2 547 € Industry median: 1 178 €Q4·24Q1 2025 Company: 1 881 € Industry median: 1 177 €Q2 2025 Company: 3 013 € Industry median: 1 194 €Q2·25Q3 2025 Company: 2 897 € Industry median: 1 250 €Q4 2025 Company: 2 306 € Industry median: 1 270 €Q4·25Q1 2026 Company: 2 334 € Industry median: 1 202 €Q2 2026 Company: 2 272 € Industry median: 1 197 €Q2·26Q3 2026 Company: 1 985 € Industry median: 1 236 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 547 € Industry median: 1 178 €Q1 2025 Company: 1 881 € Industry median: 1 177 €Q1·25Q2 2025 Company: 3 013 € Industry median: 1 194 €Q3 2025 Company: 2 897 € Industry median: 1 250 €Q3·25Q4 2025 Company: 2 306 € Industry median: 1 270 €Q1 2026 Company: 2 334 € Industry median: 1 202 €Q1·26Q2 2026 Company: 2 272 € Industry median: 1 197 €Q3 2026 Company: 1 985 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 6 · +20.0% vs Q2 2026
0246Q4 2023 Company: 5Q4·23Q1 2024 Company: 5Q2 2024 Company: 4Q2·24Q3 2024 Company: 4Q4 2024 Company: 3Q4·24Q1 2025 Company: 4Q2 2025 Company: 4Q2·25Q3 2025 Company: 4Q4 2025 Company: 5Q4·25Q1 2026 Company: 5Q2 2026 Company: 5Q2·26Q3 2026 Company: 6Q3·260246Q4 2024 Company: 3Q1 2025 Company: 4Q1·25Q2 2025 Company: 4Q3 2025 Company: 4Q3·25Q4 2025 Company: 5Q1 2026 Company: 5Q1·26Q2 2026 Company: 5Q3 2026 Company: 6Q3·26
State taxes, € Q3 2026: 23 169 € · +14.4% vs Q2 2026
010 00020 00030 00040 000Q4 2023 Company: 16 078 €Q4·23Q1 2024 Company: 15 089 €Q2 2024 Company: 11 720 €Q2·24Q3 2024 Company: 15 064 €Q4 2024 Company: 15 650 €Q4·24Q1 2025 Company: 11 686 €Q2 2025 Company: 21 303 €Q2·25Q3 2025 Company: 28 828 €Q4 2025 Company: 32 059 €Q4·25Q1 2026 Company: 18 395 €Q2 2026 Company: 20 244 €Q2·26Q3 2026 Company: 23 169 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 15 650 €Q1 2025 Company: 11 686 €Q1·25Q2 2025 Company: 21 303 €Q3 2025 Company: 28 828 €Q3·25Q4 2025 Company: 32 059 €Q1 2026 Company: 18 395 €Q1·26Q2 2026 Company: 20 244 €Q3 2026 Company: 23 169 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 132 713 23 169 11 911 6
Q2 2026 95 281 20 244 11 359 5
Q1 2026 65 321 18 395 11 672 5
Q4 2025 157 130 32 059 11 531 5
Q3 2025 131 440 28 828 11 587 4
Q2 2025 104 782 21 303 12 050 4
Q1 2025 56 945 11 686 7 525 4
Q4 2024 96 802 15 650 7 640 3
Q3 2024 86 323 15 064 6 820 4
Q2 2024 100 009 11 720 10 078 4
Q1 2024 72 992 15 089 8 934 5
Q4 2023 89 805 16 078 7 995 5
Q3 2023 96 907 12 959 8 866 5
Q2 2023 100 975 15 800 8 502 5
Q1 2023 113 740 13 382 8 974 4
Q4 2022 100 679 14 194 8 668 5
Q3 2022 76 768 11 333 6 350 5
Q2 2022 117 269 17 330 6 963 4
Q1 2022 66 419 4 550 8 319 4
Labour taxes per employee per month
662 €
Turnover per employee in the quarter
22 119 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 444 182 € · +42.8% vs 2024 · industry median 37 328 € · above 91% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 289 438 € Industry median: 37 051 €20192020 Company: 207 315 € Industry median: 33 953 €20202021 Company: 267 152 € Industry median: 35 073 €20212022 Company: 365 045 € Industry median: 37 940 €20222023 Company: 365 423 € Industry median: 35 936 €20232024 Company: 311 079 € Industry median: 35 372 €20242025 Company: 444 182 € Industry median: 37 328 €202501002003004005002018 Company: — Industry median: —2019 Company: 289 438 € Industry median: 37 051 €20192020 Company: 207 315 € Industry median: 33 953 €2021 Company: 267 152 € Industry median: 35 073 €20212022 Company: 365 045 € Industry median: 37 940 €2023 Company: 365 423 € Industry median: 35 936 €20232024 Company: 311 079 € Industry median: 35 372 €2025 Company: 444 182 € Industry median: 37 328 €2025
  • 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, € 2025: 46 718 € · +666.2% vs 2024 · industry median 561 € · above 93% of the industry
010 00020 00030 00040 00050 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 13 405 € Industry median: 1 030 €20192020 Company: 6 173 € Industry median: 507 €20202021 Company: 3 336 € Industry median: 785 €20212022 Company: 8 903 € Industry median: 823 €20222023 Company: 6 618 € Industry median: 581 €20232024 Company: 6 097 € Industry median: 432 €20242025 Company: 46 718 € Industry median: 561 €2025010 00020 00030 00040 00050 0002018 Company: — Industry median: —2019 Company: 13 405 € Industry median: 1 030 €20192020 Company: 6 173 € Industry median: 507 €2021 Company: 3 336 € Industry median: 785 €20212022 Company: 8 903 € Industry median: 823 €2023 Company: 6 618 € Industry median: 581 €20232024 Company: 6 097 € Industry median: 432 €2025 Company: 46 718 € Industry median: 561 €2025
  • 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: 10.5 % · +8.6 pp vs the year before · industry median 3.9 % · above 65% of the industry
035810132016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4.6 % Industry median: 5.3 %20192020 Company: 3.0 % Industry median: 4.1 %20202021 Company: 1.2 % Industry median: 4.7 %20212022 Company: 2.4 % Industry median: 4.8 %20222023 Company: 1.8 % Industry median: 4.4 %20232024 Company: 2.0 % Industry median: 3.4 %20242025 Company: 10.5 % Industry median: 3.9 %2025035810132018 Company: — Industry median: —2019 Company: 4.6 % Industry median: 5.3 %20192020 Company: 3.0 % Industry median: 4.1 %2021 Company: 1.2 % Industry median: 4.7 %20212022 Company: 2.4 % Industry median: 4.8 %2023 Company: 1.8 % Industry median: 4.4 %20232024 Company: 2.0 % Industry median: 3.4 %2025 Company: 10.5 % Industry median: 3.9 %2025
  • 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: 169 880 € · +22.5% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 146 458 €20192020 Company: 127 283 €20202021 Company: 128 128 €20212022 Company: 159 544 €20222023 Company: 144 379 €20232024 Company: 138 629 €20242025 Company: 169 880 €20250501001502002018 Company: —2019 Company: 146 458 €20192020 Company: 127 283 €2021 Company: 128 128 €20212022 Company: 159 544 €2023 Company: 144 379 €20232024 Company: 138 629 €2025 Company: 169 880 €2025
Equity, € thousand 2025: 117 391 € · +42.0% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 104 909 €20192020 Company: 102 082 €20202021 Company: 95 854 €20212022 Company: 95 109 €20222023 Company: 89 314 €20232024 Company: 82 673 €20242025 Company: 117 391 €202502550751001252018 Company: —2019 Company: 104 909 €20192020 Company: 102 082 €2021 Company: 95 854 €20212022 Company: 95 109 €2023 Company: 89 314 €20232024 Company: 82 673 €2025 Company: 117 391 €2025
Employees 2025: 3 · −25.0% vs 2024 · industry median 1 · above 75% of the industry
012342016 Company: 2 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 4 Industry median: 220182019 Company: 4 Industry median: 220192020 Company: 3 Industry median: 220202021 Company: 4 Industry median: 220212022 Company: 4 Industry median: 220222023 Company: 4 Industry median: 120232024 Company: 4 Industry median: 120242025 Company: 3 Industry median: 12025012342018 Company: 4 Industry median: 22019 Company: 4 Industry median: 220192020 Company: 3 Industry median: 22021 Company: 4 Industry median: 220212022 Company: 4 Industry median: 22023 Company: 4 Industry median: 120232024 Company: 4 Industry median: 12025 Company: 3 Industry median: 12025
  • 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 444 182 46 718 107 204 169 880 117 391 3
2024 311 079 6 097 88 853 138 629 82 673 4
2023 365 423 6 618 91 947 144 379 89 314 4
2022 365 045 8 903 79 361 159 544 95 109 4
2021 267 152 3 336 72 738 128 128 95 854 4
2020 207 315 6 173 48 963 127 283 102 082 3
2019 289 438 13 405 48 157 146 458 104 909 4
2018 — — — — — 4
2017 — — — — — 2
2016 — — — — — 2
2015 — — — — — 2
2014 — — — — — 2
2013 — — — — — 2
2012 — — — — — 2

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
10.5 %
Net profit / revenue
Return on equity (ROE)
39.8 %
Net profit / equity
Return on assets (ROA)
27.5 %
Net profit / assets
Equity ratio
69.1 %
Equity / assets
Debt ratio
30.9 %
Liabilities / assets
Current ratio
3.37
Current assets / current liabilities
Revenue per employee
148 061 €
Revenue / average full-time employees
Labour cost per employee per month
2 978 €
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 28 Jan 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 12 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 4 Apr 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 19 Apr 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 4 May 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 May 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

  • Mati Paju
    Founder · 2 500 € · 24 May 2012
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43999Other specialised construction activities Main
Rulings
Number, date Title Deadline State Document
Ä 20060369 / 13
10 Jan 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
10 Jan 2024
PDF
Ä 20060369 / 12
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20060369 / 11
16 Apr 2021
Amendment under Commercial Code § 525 (2) In force
16 Apr 2021
PDF
Ä 20060369 / 10
21 Feb 2019
Amendment under Commercial Code § 525 (2) In force
21 Feb 2019
PDF
Ä 20060369 / 9
6 Jun 2018
Amendment entry In force
6 Jun 2018
PDF
Ä 20060369 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20060369 / 7
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20060369 / 6
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 20060369 / 5
10 Mar 2016
Amendment under Commercial Code § 525 (2) In force
10 Mar 2016
PDF
Ä 20060369 / 4
3 Sep 2015
Amendment under Commercial Code § 525 (2) In force
3 Sep 2015
PDF
Ä 20060369 / 3
25 Feb 2014
Amendment entry In force
25 Feb 2014
PDF
Ä 20060369 / 2
30 Dec 2013
Amendment under Commercial Code § 525 (2) In force
30 Dec 2013
PDF
Ä 20060369
25 May 2012
First entry In force
25 May 2012
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data