Recursive Software Development OÜ is a OÜ based in Tallinn, registry code 12564972, status: active. Main activity: Data processing, data management, data mediation and related activities. According to EMTA, turnover for Q3 2026 was €136 103 with 1 employees.
Turnover
136 103 €
↓ 28.3%vs Q2 2026
State taxes
12 734 €
↑ 682.2%vs Q2 2026
Labour taxes
1 625 €
↑ 0.0%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Computing infrastructure, data processing, hosting and other information service activities · EMTAK 63
Turnover · Q3 2026136 103 €
above 80% of companies
industry median 17 492 € · companies in the industry: 1 013
Labour taxes per employee1 625 €
above 40% of companies
industry median 2 135 € · companies in the industry: 423
Revenue · 2025646 877 €
above 93% of companies
industry median 5 121 € · companies in the industry: 2 182
Net profit margin · 202552.4 %
above 79% of companies
industry median 9.5 % · companies in the industry: 1 292
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 136 103 € · −28.3% vs Q2 2026 · industry median 17 492 € · above 80% of the industry
Company
Industry median
Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 625 € · +0.0% vs Q2 2026 · industry median 2 135 € · above 40% of the industry
Company
Industry median
Industry: Computing infrastructure, data processing, hosting and other information service activities (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: 12 734 € · +682.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
136 103
12 734
1 625
1
Q2 2026
189 840
1 628
1 625
1
Q1 2026
303 957
1 452
1 625
1
Q4 2025
128 506
1 628
1 625
1
Q3 2025
130 808
1 452
1 625
1
Q2 2025
129 469
1 628
1 625
1
Q1 2025
159 260
16 475
5 166
1
Q4 2024
121 169
1 412
1 530
1
Q3 2024
117 518
1 412
1 530
1
Q2 2024
121 973
1 412
1 530
1
Q1 2024
94 383
1 460
1 530
1
Q4 2023
53 965
7 353
4 424
1
Q3 2023
52 854
1 412
1 530
1
Q2 2023
54 443
1 412
1 530
1
Q1 2023
48 948
1 699
1 848
1
Q4 2022
63 437
1 135
1 213
1
Q3 2022
50 826
15 887
3 665
1
Q2 2022
50 106
1 412
1 530
1
Q1 2022
39 802
941
1 020
1
Labour taxes per employee per month
542 €
Turnover per employee in the quarter
136 103 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 646 877 € · +55.8% vs 2024 · industry median 5 121 € · above 93% of the industry
Company
Industry median
Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 339 193 € · +20.1% vs 2024 · industry median 0 € · above 98% of the industry
Company
Industry median
Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 52.4 % · −15.6 pp vs the year before · industry median 9.5 % · above 79% of the industry
Company
Industry median
Industry: Computing infrastructure, data processing, hosting and other information service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 1 094 262 € · +80.8% vs 2024Equity, € thousand 2025: 912 715 € · +59.1% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
Company
Industry median
Industry: Computing infrastructure, data processing, hosting and other information service 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
646 877
339 193
15 651
1 094 262
912 715
1
2024
415 155
282 386
13 133
605 302
573 522
1
2023
197 834
136 514
15 651
361 657
354 709
1
2022
197 335
114 926
15 651
275 978
271 088
1
2021
93 468
80 528
0
219 830
216 162
0
2020
95 061
79 313
0
174 787
174 432
0
2019
82 990
64 877
0
119 499
119 119
0
2018
—
—
—
—
—
0
2017
—
—
—
—
—
0
2016
—
—
—
—
—
0
2015
—
—
—
—
—
0
2014
—
—
—
—
—
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
52.4 %
Net profit / revenue
Return on equity (ROE)
37.2 %
Net profit / equity
Return on assets (ROA)
31.0 %
Net profit / assets
Equity ratio
83.4 %
Equity / assets
Debt ratio
16.6 %
Liabilities / assets
Current ratio
5.89
Current assets / current liabilities
Revenue per employee
646 877 €
Revenue / average full-time employees
Labour cost per employee per month
1 304 €
Labour costs / employees / 12 months (incl. employer taxes)
