OÜ BELLARES is a OÜ based in Tallinn, registry code 12408953, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €9 705 with 1 employees.
Turnover
9 705 €
↑ 4.2%vs Q2 2026
State taxes
1 724 €
↑ 3.0%vs Q2 2026
Labour taxes
1 054 €
↓ 7.7%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of furniture · EMTAK 31
Turnover · Q3 20269 705 €
above 25% of companies
industry median 30 440 € · companies in the industry: 721
Labour taxes per employee1 054 €
above 30% of companies
industry median 1 400 € · companies in the industry: 606
Revenue · 202540 763 €
above 46% of companies
industry median 50 390 € · companies in the industry: 970
Net profit margin · 20250.2 %
above 39% of companies
industry median 1.1 % · companies in the industry: 795
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 9 705 € · +4.2% vs Q2 2026 · industry median 30 440 € · above 25% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 054 € · −7.7% vs Q2 2026 · industry median 1 400 € · above 30% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 1 724 € · +3.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
9 705
1 724
1 054
1
Q2 2026
9 317
1 674
1 142
1
Q1 2026
9 962
1 695
1 080
1
Q4 2025
8 788
1 041
661
1
Q3 2025
7 606
1 231
643
—
Q2 2025
11 564
1 354
643
—
Q1 2025
11 798
1 227
643
—
Q4 2024
16 702
1 330
643
—
Q3 2024
6 495
1 240
643
—
Q2 2024
11 671
1 224
696
—
Q1 2024
10 841
2 039
909
—
Q4 2023
10 305
1 349
863
1
Q3 2023
7 307
1 261
863
1
Q2 2023
11 076
1 407
863
1
Q1 2023
11 211
1 683
896
1
Q4 2022
13 650
1 395
913
1
Q3 2022
5 801
1 398
913
1
Q2 2022
13 249
1 447
993
1
Q1 2022
10 705
1 734
931
2
Labour taxes per employee per month
351 €
Turnover per employee in the quarter
9 705 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € 2025: 40 763 € · −7.5% vs 2024 · industry median 50 390 € · above 46% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 97 € · −85.3% vs 2024 · industry median 124 € · above 49% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 0.2 % · −1.3 pp vs the year before · industry median 1.1 % · above 39% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 4 057 € · +16.8% vs 2024Equity, € 2025: 1 878 € · +5.4% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
Company
Industry median
Industry: Manufacture of furniture (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
40 763
97
10 546
4 057
1 878
1
2024
44 090
659
10 258
3 473
1 781
1
2023
38 282
14
11 850
3 360
982
1
2022
44 073
965
11 718
4 318
968
2
2021
43 479
-964
13 124
2 092
3
2
2020
38 334
1
10 113
2 852
967
2
2019
37 020
743
9 971
2 858
967
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
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
0.2 %
Net profit / revenue
Return on equity (ROE)
5.2 %
Net profit / equity
Return on assets (ROA)
2.4 %
Net profit / assets
Equity ratio
46.3 %
Equity / assets
Debt ratio
53.7 %
Liabilities / assets
Current ratio
1.68
Current assets / current liabilities
Revenue per employee
40 763 €
Revenue / average full-time employees
Labour cost per employee per month
879 €
Labour costs / employees / 12 months (incl. employer taxes)
