Kyoko Ryoko Travel and business services OÜ

Active Registry code 12645765 OÜ Tallinn Registered 15 Apr 2014

Kyoko Ryoko Travel and business services OÜ is a OÜ based in Tallinn, registry code 12645765, status: active. Main activity: Travel agency activities. According to EMTA, turnover for Q3 2026 was €98 641 with 2 employees.

Turnover

98 641 €

↓ 40.1% vs Q2 2026

State taxes

1 511 €

↑ 5.7% vs Q2 2026

Labour taxes

1 715 €

↑ 5.3% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Travel agency, tour operator and other reservation service and related activities · EMTAK 79

Turnover · Q3 2026 98 641 €

above 73% of companies

industry median 27 306 € · companies in the industry: 383
Labour taxes per employee 858 €

above 19% of companies

industry median 1 423 € · companies in the industry: 297
Revenue · 2025 547 709 €

above 86% of companies

industry median 27 722 € · companies in the industry: 819
Net profit margin · 2025 32.7 %

above 81% of companies

industry median 5.5 % · companies in the industry: 644

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 98 641 € · −40.1% vs Q2 2026 · industry median 27 306 € · above 73% of the industry

Company
Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 858 € · +5.3% vs Q2 2026 · industry median 1 423 € · above 19% of the industry

Company
Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (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: 1 511 € · +5.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	98 641	1 511	1 715	2
Q2 2026	164 795	1 430	1 629	2
Q1 2026	204 937	1 428	1 479	2
Q4 2025	197 939	787	783	2
Q3 2025	87 549	680	801	1
Q2 2025	58 990	2 138	2 378	1
Q1 2025	102 307	2 605	2 742	2
Q4 2024	106 587	2 925	3 148	3
Q3 2024	104 051	2 843	3 148	3
Q2 2024	68 416	1 503	1 606	3
Q1 2024	67 158	1 793	1 974	2
Q4 2023	100 057	2 010	2 108	2
Q3 2023	39 411	1 936	2 108	2
Q2 2023	23 883	1 936	2 108	2
Q1 2023	45 752	1 898	1 987	2
Q4 2022	40 404	1 672	1 744	2
Q3 2022	38 700	1 598	1 744	2
Q2 2022	27 503	1 592	1 767	2
Q1 2022	11 388	1 619	1 728	2

Labour taxes per employee per month

286 €

Turnover per employee in the quarter

49 321 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 547 709 € · +50.1% vs 2024 · industry median 27 722 € · above 86% of the industry

Company
Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 178 940 € · +130.5% vs 2024 · industry median 1 194 € · above 98% of the industry

Company
Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 32.7 % · +11.4 pp vs the year before · industry median 5.5 % · above 81% of the industry

Company
Industry median

Industry: Travel agency, tour operator and other reservation service and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 533 457 € · +72.7% vs 2024

Equity, € thousand 2025: 508 069 € · +73.8% vs 2024

Employees 2025: 2 · −33.3% vs 2024 · industry median 1 · above 60% of the industry

Company
Industry median

Industry: Travel agency, tour operator and other reservation service and related 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	547 709	178 940	18 814	533 457	508 069	2
2024	364 827	77 644	33 580	308 970	292 394	3
2023	209 103	14 976	24 032	295 516	274 254	2
2022	118 205	-188	20 219	277 537	260 386	2
2021	87 997	-24 176	16 749	294 421	275 696	2
2020	67 649	-34 477	14 788	359 699	345 081	2
2019	480 917	15 205	17 047	362 317	348 418	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	2
2014	—	—	—	—	—	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

32.7 %

Net profit / revenue

Return on equity (ROE)

35.2 %

Net profit / equity

Return on assets (ROA)

33.5 %

Net profit / assets

Equity ratio

95.2 %

Equity / assets

Debt ratio

4.8 %

Liabilities / assets

Current ratio

13.11

Current assets / current liabilities

Revenue per employee

273 855 €

Revenue / average full-time employees

Labour cost per employee per month

784 €

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	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 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	12 Apr 2021	Company’s own	e-Äriregister

Board

Maciej Bartłomiej Głabuś
Board member · since 21 May 2014
Miłosz Maksimović
Board member · since 21 May 2014

Right of representation

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

Owners

Maciej Bartłomiej Głabuś
Natural person · 1 500 €

50%
Miłosz Maksimović
Natural person · 1 500 €

50%

Beneficial owners

Maciej Bartłomiej Głabuś
Direct ownership · since 29 Oct 2018
Miłosz Maksimović
Direct ownership · since 29 Oct 2018

Founders and other persons

Maciej Bartlomiej Glabus
Founder · 1 500 € · 14 Apr 2014
Milosz Maksimovic
Founder · 1 500 € · 14 Apr 2014

Activities (EMTAK)

79111Travel agency activities Main
79121Tour operator activities
79901Other reservation service and related activities

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10195034 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10195034 / 7 12 Apr 2021	Amendment entry		In force 12 Apr 2021	PDF
Ä 10195034 / M3 29 Jan 2019	Procedural ruling		In force 29 Jan 2019	PDF
Ä 10195034 / 6 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 10195034 / 5 7 Dec 2017	Amendment entry		In force 7 Dec 2017	PDF
Ä 10195034 / 4 16 Jan 2017	Amendment under Commercial Code § 525 (2)		In force 16 Jan 2017	PDF
Ä 10195034 / M2 27 Sep 2016	Procedural ruling	27 Oct 2016	Deficiencies eliminated 30 Sep 2016	PDF
Ä 10195034 / M1 2 Mar 2016	Warning of deletion from the register: annual report not filed	3 Sep 2016	Deficiencies eliminated 2 May 2016	PDF
Ä 10195034 / 3 13 Jan 2016	Amendment entry		In force 13 Jan 2016	PDF
Ä 10195034 / 2 21 May 2014	Amendment entry		In force 21 May 2014	PDF
Ä 10195034 15 Apr 2014	First entry		In force 15 Apr 2014	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data