Balmeco Group OÜ

Active Registry code 12325167 OÜ Tallinn Registered 7 Aug 2012

Balmeco Group OÜ is a OÜ based in Tallinn, registry code 12325167, status: active. Main activity: Activities of agents involved in the wholesale of other particular products. According to EMTA, turnover for Q3 2026 was €131 060 with 2 employees.

Turnover

131 060 €

↓ 73.0% vs Q2 2026

State taxes

3 935 €

↑ 0.0% vs Q2 2026

Labour taxes

4 107 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 131 060 €

above 62% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 2 054 €

above 49% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 415 874 €

above 72% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 -11.0 %

above 15% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 131 060 € · −73.0% vs Q2 2026 · industry median 60 065 € · above 62% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 2 054 € · +0.0% vs Q2 2026 · industry median 2 104 € · above 49% of the industry

Company
Industry median

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

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 3 935 € · +0.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	131 060	3 935	4 107	2
Q2 2026	484 640	3 935	4 107	2
Q1 2026	42 603	3 935	4 107	2
Q4 2025	378 628	3 935	4 107	2
Q3 2025	206 256	3 935	4 107	2
Q2 2025	246 474	3 935	4 107	2
Q1 2025	99 527	3 887	4 060	2
Q4 2024	393 268	3 793	3 966	2
Q3 2024	494 058	3 793	3 966	2
Q2 2024	269 002	3 790	3 979	2
Q1 2024	128 229	3 788	3 985	2
Q4 2023	668 721	3 788	3 985	2
Q3 2023	34 707	3 788	3 985	2
Q2 2023	415 811	3 788	3 985	2
Q1 2023	214 181	3 788	3 985	3
Q4 2022	211 914	3 788	3 985	3
Q3 2022	449 121	3 788	3 985	3
Q2 2022	452 085	3 788	3 985	3
Q1 2022	495 302	3 788	3 985	3

Labour taxes per employee per month

685 €

Turnover per employee in the quarter

65 530 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 415 874 € · −51.4% vs 2024 · industry median 63 691 € · above 72% of the industry

Company
Industry median

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

Net profit, € thousand 2025: -45 771 € · −367.1% vs 2024 · industry median 127 € · above 6% of the industry

Company
Industry median

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

Net profit margin, % 2025: -11.0 % · −13.0 pp vs the year before · industry median 2.7 % · above 15% of the industry

Company
Industry median

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

Assets, € thousand 2025: 459 217 € · −9.5% vs 2024

Equity, € thousand 2025: 454 130 € · −9.2% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 45% of the industry

Company
Industry median

Industry: Wholesale trade (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	415 874	-45 771	38 304	459 217	454 130	2
2024	856 006	17 138	38 304	507 358	499 901	2
2023	943 521	90 236	28 800	487 319	482 763	2
2022	851 744	151 415	29 184	393 852	392 524	2
2021	750 391	58 041	38 304	245 040	241 109	2
2020	753 500	25 212	38 304	249 634	183 068	2
2019	655 743	10 230	39 243	164 126	157 856	2
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	3
2014	—	—	—	—	—	3
2013	—	—	—	—	—	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

-11.0 %

Net profit / revenue

Return on equity (ROE)

-10.1 %

Net profit / equity

Return on assets (ROA)

-10.0 %

Net profit / assets

Equity ratio

98.9 %

Equity / assets

Debt ratio

1.1 %

Liabilities / assets

Current ratio

90.27

Current assets / current liabilities

Revenue per employee

207 937 €

Revenue / average full-time employees

Labour cost per employee per month

1 596 €

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	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	24 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 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	30 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	13 Jul 2020	Company’s own	e-Äriregister

Board

Igor Zimin
Board member · since 22 Aug 2012

Right of representation

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

Owners

Igor Zimin
Natural person · 15 500 €

100%

Beneficial owners

Igor Zimin
Direct ownership · since 29 Apr 2022

Founders and other persons

AS Larssen Capital
Founder · 2 500 € · 7 Aug 2012

Activities (EMTAK)

46181Activities of agents involved in the wholesale of other particular products Main

Rulings 8

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10172173 / 8 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10172173 / 7 29 Apr 2022	Amendment entry	In force 29 Apr 2022	PDF
Ä 10172173 / 6 18 Jan 2018	Amendment entry	In force 18 Jan 2018	PDF
Ä 10172173 / 5 2 Dec 2017	Amendment entry	In force 2 Dec 2017	PDF
Ä 10172173 / 4 31 Aug 2016	Amendment entry	In force 31 Aug 2016	PDF
Ä 10172173 / 3 12 Dec 2014	Amendment entry	In force 12 Dec 2014	PDF
Ä 10172173 / 2 22 Aug 2012	Amendment entry	In force 22 Aug 2012	PDF
Ä 10172173 7 Aug 2012	First entry	In force 7 Aug 2012	PDF

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