Belwood OÜ

Active Registry code 12380775 OÜ Punikvere küla Registered 19 Nov 2012
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Belwood OÜ is a OÜ based in Punikvere küla, registry code 12380775, status: active. Main activity: Silviculture and other forestry activities. According to EMTA, turnover for Q3 2026 was €3 238 with 1 employees.

Turnover
3 238 €
↓ 95.9% vs Q2 2026
State taxes
1 927 €
↓ 64.9% vs Q2 2026
Labour taxes
2 221 €
↑ 104.9% vs Q2 2026
Employees
1
−1 vs Q2 2026

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

Position in the industry Forestry and logging · EMTAK 02

  • Turnover · Q3 2026 3 238 €
    industry median 14 400 € · companies in the industry: 1 834
  • Labour taxes per employee 2 221 €
    industry median 1 226 € · companies in the industry: 1 276
  • Revenue · 2025 44 079 €
    industry median 29 224 € · companies in the industry: 2 730
  • Net profit margin · 2025 88.8 %
    industry median 4.9 % · companies in the industry: 2 137

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 3 238 € · −95.9% vs Q2 2026 · industry median 14 400 € · above 20% of the industry
0255075100125Q4 2023 Company: 14 179 € Industry median: 18 002 €Q4·23Q1 2024 Company: 6 039 € Industry median: 20 304 €Q2 2024 Company: 47 221 € Industry median: 19 485 €Q2·24Q3 2024 Company: 2 370 € Industry median: 15 991 €Q4 2024 Company: 11 535 € Industry median: 20 393 €Q4·24Q1 2025 Company: 2 912 € Industry median: 19 023 €Q2 2025 Company: 35 173 € Industry median: 19 272 €Q2·25Q3 2025 Company: 1 327 € Industry median: 14 822 €Q4 2025 Company: 10 030 € Industry median: 18 964 €Q4·25Q1 2026 Company: 102 385 € Industry median: 17 087 €Q2 2026 Company: 79 290 € Industry median: 18 725 €Q2·26Q3 2026 Company: 3 238 € Industry median: 14 400 €Q3·260255075100125Q4 2024 Company: 11 535 € Industry median: 20 393 €Q1 2025 Company: 2 912 € Industry median: 19 023 €Q1·25Q2 2025 Company: 35 173 € Industry median: 19 272 €Q3 2025 Company: 1 327 € Industry median: 14 822 €Q3·25Q4 2025 Company: 10 030 € Industry median: 18 964 €Q1 2026 Company: 102 385 € Industry median: 17 087 €Q1·26Q2 2026 Company: 79 290 € Industry median: 18 725 €Q3 2026 Company: 3 238 € Industry median: 14 400 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 2 221 € · +309.8% vs Q2 2026 · industry median 1 226 € · above 77% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 058 € Industry median: 1 083 €Q4·23Q1 2024 Company: 1 058 € Industry median: 1 091 €Q2 2024 Company: 1 058 € Industry median: 1 128 €Q2·24Q3 2024 Company: 1 021 € Industry median: 1 119 €Q4 2024 Company: — Industry median: 1 188 €Q4·24Q1 2025 Company: — Industry median: 1 209 €Q2 2025 Company: 0 € Industry median: 1 257 €Q2·25Q3 2025 Company: 1 143 € Industry median: 1 175 €Q4 2025 Company: — Industry median: 1 287 €Q4·25Q1 2026 Company: 0 € Industry median: 1 232 €Q2 2026 Company: 542 € Industry median: 1 221 €Q2·26Q3 2026 Company: 2 221 € Industry median: 1 226 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: — Industry median: 1 188 €Q1 2025 Company: — Industry median: 1 209 €Q1·25Q2 2025 Company: 0 € Industry median: 1 257 €Q3 2025 Company: 1 143 € Industry median: 1 175 €Q3·25Q4 2025 Company: — Industry median: 1 287 €Q1 2026 Company: 0 € Industry median: 1 232 €Q1·26Q2 2026 Company: 542 € Industry median: 1 221 €Q3 2026 Company: 2 221 € Industry median: 1 226 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 1 · −50.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: —Q4·25Q1 2026 Company: 1Q2 2026 Company: 2Q2·26Q3 2026 Company: 1Q3·260.00.51.01.52.0Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: —Q1 2026 Company: 1Q1·26Q2 2026 Company: 2Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 1 927 € · −64.9% vs Q2 2026
05 00010 00015 000Q4 2023 Company: 2 471 €Q4·23Q1 2024 Company: 2 261 €Q2 2024 Company: 5 191 €Q2·24Q3 2024 Company: 1 844 €Q4 2024 Company: 3 093 €Q4·24Q1 2025 Company: 398 €Q2 2025 Company: 6 081 €Q2·25Q3 2025 Company: 1 950 €Q4 2025 Company: 3 002 €Q4·25Q1 2026 Company: 13 628 €Q2 2026 Company: 5 487 €Q2·26Q3 2026 Company: 1 927 €Q3·2605 00010 00015 000Q4 2024 Company: 3 093 €Q1 2025 Company: 398 €Q1·25Q2 2025 Company: 6 081 €Q3 2025 Company: 1 950 €Q3·25Q4 2025 Company: 3 002 €Q1 2026 Company: 13 628 €Q1·26Q2 2026 Company: 5 487 €Q3 2026 Company: 1 927 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 238 1 927 2 221 1
Q2 2026 79 290 5 487 1 084 2
Q1 2026 102 385 13 628 — 1
Q4 2025 10 030 3 002 1 557 —
Q3 2025 1 327 1 950 2 285 2
Q2 2025 35 173 6 081 — 2
Q1 2025 2 912 398 — —
Q4 2024 11 535 3 093 1 981 —
Q3 2024 2 370 1 844 2 042 2
Q2 2024 47 221 5 191 2 116 2
Q1 2024 6 039 2 261 2 116 2
Q4 2023 14 179 2 471 2 116 2
Q3 2023 2 905 1 921 2 116 2
Q2 2023 73 522 13 977 2 309 2
Q1 2023 25 591 5 036 2 262 2
Q4 2022 26 304 4 050 3 406 2
Q3 2022 22 054 3 734 3 298 3
Q2 2022 42 055 6 841 3 498 3
Q1 2022 20 827 4 674 3 072 3
Labour taxes per employee per month
740 €
Turnover per employee in the quarter
3 238 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 44 079 € · −31.6% vs 2024 · industry median 29 224 € · above 58% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 72 593 € Industry median: 26 014 €20192020 Company: 66 760 € Industry median: 20 720 €20202021 Company: 98 283 € Industry median: 23 073 €20212022 Company: 110 003 € Industry median: 30 000 €20222023 Company: 94 460 € Industry median: 26 753 €20232024 Company: 64 460 € Industry median: 26 865 €20242025 Company: 44 079 € Industry median: 29 224 €202502550751001252018 Company: — Industry median: —2019 Company: 72 593 € Industry median: 26 014 €20192020 Company: 66 760 € Industry median: 20 720 €2021 Company: 98 283 € Industry median: 23 073 €20212022 Company: 110 003 € Industry median: 30 000 €2023 Company: 94 460 € Industry median: 26 753 €20232024 Company: 64 460 € Industry median: 26 865 €2025 Company: 44 079 € Industry median: 29 224 €2025
  • Company
  • Industry median

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

Net profit, € 2025: 39 130 € · +176.1% vs 2024 · industry median 275 € · above 88% of the industry
-75 000-50 000-25 000025 00050 00075 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -8 120 € Industry median: 1 201 €20192020 Company: -14 537 € Industry median: 519 €20202021 Company: 1 826 € Industry median: 841 €20212022 Company: 53 116 € Industry median: 1 888 €20222023 Company: 9 857 € Industry median: 626 €20232024 Company: -51 415 € Industry median: 488 €20242025 Company: 39 130 € Industry median: 275 €2025-75 000-50 000-25 000025 00050 00075 0002018 Company: — Industry median: —2019 Company: -8 120 € Industry median: 1 201 €20192020 Company: -14 537 € Industry median: 519 €2021 Company: 1 826 € Industry median: 841 €20212022 Company: 53 116 € Industry median: 1 888 €2023 Company: 9 857 € Industry median: 626 €20232024 Company: -51 415 € Industry median: 488 €2025 Company: 39 130 € Industry median: 275 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 88.8 % · +168.5 pp vs the year before · industry median 4.9 % · above 94% of the industry
-100-500501002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -11.2 % Industry median: 8.6 %20192020 Company: -21.8 % Industry median: 6.8 %20202021 Company: 1.9 % Industry median: 8.1 %20212022 Company: 48.3 % Industry median: 11.3 %20222023 Company: 10.4 % Industry median: 6.9 %20232024 Company: -79.8 % Industry median: 6.0 %20242025 Company: 88.8 % Industry median: 4.9 %2025-100-500501002018 Company: — Industry median: —2019 Company: -11.2 % Industry median: 8.6 %20192020 Company: -21.8 % Industry median: 6.8 %2021 Company: 1.9 % Industry median: 8.1 %20212022 Company: 48.3 % Industry median: 11.3 %2023 Company: 10.4 % Industry median: 6.9 %20232024 Company: -79.8 % Industry median: 6.0 %2025 Company: 88.8 % Industry median: 4.9 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 163 817 € · +30.9% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 105 925 €20192020 Company: 83 672 €20202021 Company: 91 931 €20212022 Company: 166 302 €20222023 Company: 158 387 €20232024 Company: 125 114 €20242025 Company: 163 817 €20250501001502002018 Company: —2019 Company: 105 925 €20192020 Company: 83 672 €2021 Company: 91 931 €20212022 Company: 166 302 €2023 Company: 158 387 €20232024 Company: 125 114 €2025 Company: 163 817 €2025
Equity, € thousand 2025: 109 665 € · +55.5% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 71 702 €20192020 Company: 57 165 €20202021 Company: 58 990 €20212022 Company: 112 107 €20222023 Company: 121 964 €20232024 Company: 70 534 €20242025 Company: 109 665 €202502550751001252018 Company: —2019 Company: 71 702 €20192020 Company: 57 165 €2021 Company: 58 990 €20212022 Company: 112 107 €2023 Company: 121 964 €20232024 Company: 70 534 €2025 Company: 109 665 €2025
Employees 2025: 1 · −50.0% vs 2024 · industry median 1 · above 5% of the industry
01232016 Company: 2 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 120182019 Company: 3 Industry median: 120192020 Company: 3 Industry median: 120202021 Company: 3 Industry median: 120212022 Company: 3 Industry median: 120222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 1 Industry median: 1202501232018 Company: 2 Industry median: 12019 Company: 3 Industry median: 120192020 Company: 3 Industry median: 12021 Company: 3 Industry median: 120212022 Company: 3 Industry median: 12023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Forestry and logging (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 44 079 39 130 11 742 163 817 109 665 1
2024 64 460 -51 415 18 773 125 114 70 534 2
2023 94 460 9 857 25 613 158 387 121 964 2
2022 110 003 53 116 35 520 166 302 112 107 3
2021 98 283 1 826 33 603 91 931 58 990 3
2020 66 760 -14 537 36 045 83 672 57 165 3
2019 72 593 -8 120 34 417 105 925 71 702 3
2018 — — — — — 2
2017 — — — — — 2
2016 — — — — — 2
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 1

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
88.8 %
Net profit / revenue
Return on equity (ROE)
35.7 %
Net profit / equity
Return on assets (ROA)
23.9 %
Net profit / assets
Equity ratio
66.9 %
Equity / assets
Debt ratio
33.1 %
Liabilities / assets
Current ratio
4.62
Current assets / current liabilities
Revenue per employee
44 079 €
Revenue / average full-time employees
Labour cost per employee per month
979 €
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 25 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 26 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 23 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 18 Jul 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 19 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 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

Activities (EMTAK)

  • 02101Silviculture and other forestry activities Main
  • 49411Freight transport by road
  • 96231Day spa, massage salons and sauna activities
Rulings
Number, date Title Deadline State Document
Ä 20062221 / 5
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20062221 / 4
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20062221 / 3
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 20062221 / 2
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 20062221
19 Nov 2012
First entry In force
19 Nov 2012
PDF

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