Makespace OÜ

Active Registry code 12935523 OÜ Tartu linn Registered 26 Oct 2015
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Makespace OÜ is a OÜ based in Tartu linn, registry code 12935523, status: active. Main activity: Constructional engineering-technical designing and consulting. According to EMTA, turnover for Q3 2026 was €106 709 with 8 employees.

Turnover
106 709 €
↓ 9.1% vs Q2 2026
State taxes
41 483 €
↓ 15.6% vs Q2 2026
Labour taxes
27 629 €
↑ 4.2% vs Q2 2026
Employees
8
±0 vs Q2 2026

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

Position in the industry Architectural and engineering activities; technical testing and analysis · EMTAK 71

  • Turnover · Q3 2026 106 709 €
    industry median 16 250 € · companies in the industry: 2 781
  • Labour taxes per employee 3 454 €
    industry median 1 751 € · companies in the industry: 1 910
  • Revenue · 2025 419 889 €
    industry median 23 548 € · companies in the industry: 4 824
  • Net profit margin · 2025 0.9 %
    industry median 15.1 % · companies in the industry: 3 876

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 106 709 € · −9.1% vs Q2 2026 · industry median 16 250 € · above 88% of the industry
050100150200250Q4 2023 Company: 135 830 € Industry median: 17 217 €Q4·23Q1 2024 Company: 91 559 € Industry median: 15 638 €Q2 2024 Company: 153 380 € Industry median: 15 992 €Q2·24Q3 2024 Company: 146 940 € Industry median: 16 330 €Q4 2024 Company: 210 182 € Industry median: 17 266 €Q4·24Q1 2025 Company: 109 351 € Industry median: 15 215 €Q2 2025 Company: 102 944 € Industry median: 16 150 €Q2·25Q3 2025 Company: 121 133 € Industry median: 16 910 €Q4 2025 Company: 86 255 € Industry median: 17 310 €Q4·25Q1 2026 Company: 93 739 € Industry median: 15 906 €Q2 2026 Company: 117 423 € Industry median: 16 256 €Q2·26Q3 2026 Company: 106 709 € Industry median: 16 250 €Q3·26050100150200250Q4 2024 Company: 210 182 € Industry median: 17 266 €Q1 2025 Company: 109 351 € Industry median: 15 215 €Q1·25Q2 2025 Company: 102 944 € Industry median: 16 150 €Q3 2025 Company: 121 133 € Industry median: 16 910 €Q3·25Q4 2025 Company: 86 255 € Industry median: 17 310 €Q1 2026 Company: 93 739 € Industry median: 15 906 €Q1·26Q2 2026 Company: 117 423 € Industry median: 16 256 €Q3 2026 Company: 106 709 € Industry median: 16 250 €Q3·26
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 454 € · +4.2% vs Q2 2026 · industry median 1 751 € · above 79% of the industry
02 0004 0006 000Q4 2023 Company: 2 845 € Industry median: 1 648 €Q4·23Q1 2024 Company: 3 473 € Industry median: 1 639 €Q2 2024 Company: 3 107 € Industry median: 1 671 €Q2·24Q3 2024 Company: 3 597 € Industry median: 1 753 €Q4 2024 Company: 5 291 € Industry median: 1 750 €Q4·24Q1 2025 Company: 4 325 € Industry median: 1 767 €Q2 2025 Company: 4 160 € Industry median: 1 758 €Q2·25Q3 2025 Company: 4 174 € Industry median: 1 847 €Q4 2025 Company: 4 172 € Industry median: 1 847 €Q4·25Q1 2026 Company: 3 797 € Industry median: 1 780 €Q2 2026 Company: 3 316 € Industry median: 1 758 €Q2·26Q3 2026 Company: 3 454 € Industry median: 1 751 €Q3·2602 0004 0006 000Q4 2024 Company: 5 291 € Industry median: 1 750 €Q1 2025 Company: 4 325 € Industry median: 1 767 €Q1·25Q2 2025 Company: 4 160 € Industry median: 1 758 €Q3 2025 Company: 4 174 € Industry median: 1 847 €Q3·25Q4 2025 Company: 4 172 € Industry median: 1 847 €Q1 2026 Company: 3 797 € Industry median: 1 780 €Q1·26Q2 2026 Company: 3 316 € Industry median: 1 758 €Q3 2026 Company: 3 454 € Industry median: 1 751 €Q3·26
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 8 · +0.0% vs Q2 2026
03581013Q4 2023 Company: 9Q4·23Q1 2024 Company: 9Q2 2024 Company: 11Q2·24Q3 2024 Company: 12Q4 2024 Company: 9Q4·24Q1 2025 Company: 9Q2 2025 Company: 9Q2·25Q3 2025 Company: 9Q4 2025 Company: 9Q4·25Q1 2026 Company: 8Q2 2026 Company: 8Q2·26Q3 2026 Company: 8Q3·260246810Q4 2024 Company: 9Q1 2025 Company: 9Q1·25Q2 2025 Company: 9Q3 2025 Company: 9Q3·25Q4 2025 Company: 9Q1 2026 Company: 8Q1·26Q2 2026 Company: 8Q3 2026 Company: 8Q3·26
State taxes, € Q3 2026: 41 483 € · −15.6% vs Q2 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 44 716 €Q4·23Q1 2024 Company: 45 410 €Q2 2024 Company: 58 548 €Q2·24Q3 2024 Company: 64 187 €Q4 2024 Company: 82 074 €Q4·24Q1 2025 Company: 53 414 €Q2 2025 Company: 52 825 €Q2·25Q3 2025 Company: 58 784 €Q4 2025 Company: 53 161 €Q4·25Q1 2026 Company: 40 748 €Q2 2026 Company: 49 176 €Q2·26Q3 2026 Company: 41 483 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 82 074 €Q1 2025 Company: 53 414 €Q1·25Q2 2025 Company: 52 825 €Q3 2025 Company: 58 784 €Q3·25Q4 2025 Company: 53 161 €Q1 2026 Company: 40 748 €Q1·26Q2 2026 Company: 49 176 €Q3 2026 Company: 41 483 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 106 709 41 483 27 629 8
Q2 2026 117 423 49 176 26 527 8
Q1 2026 93 739 40 748 30 379 8
Q4 2025 86 255 53 161 37 545 9
Q3 2025 121 133 58 784 37 569 9
Q2 2025 102 944 52 825 37 442 9
Q1 2025 109 351 53 414 38 923 9
Q4 2024 210 182 82 074 47 623 9
Q3 2024 146 940 64 187 43 163 12
Q2 2024 153 380 58 548 34 181 11
Q1 2024 91 559 45 410 31 260 9
Q4 2023 135 830 44 716 25 605 9
Q3 2023 103 700 38 654 20 989 8
Q2 2023 94 011 26 091 16 433 6
Q1 2023 83 568 23 533 14 628 5
Q4 2022 86 814 21 229 12 465 5
Q3 2022 94 244 14 031 8 955 4
Q2 2022 67 799 10 018 4 847 3
Q1 2022 22 798 5 375 4 104 2
Labour taxes per employee per month
1 151 €
Turnover per employee in the quarter
13 339 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 419 889 € · −32.3% vs 2024 · industry median 23 548 € · above 93% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 177 085 € Industry median: 23 878 €20192020 Company: 75 593 € Industry median: 21 676 €20202021 Company: 141 228 € Industry median: 23 268 €20212022 Company: 283 049 € Industry median: 23 299 €20222023 Company: 396 564 € Industry median: 22 710 €20232024 Company: 619 824 € Industry median: 22 066 €20242025 Company: 419 889 € Industry median: 23 548 €202502004006008002018 Company: — Industry median: —2019 Company: 177 085 € Industry median: 23 878 €20192020 Company: 75 593 € Industry median: 21 676 €2021 Company: 141 228 € Industry median: 23 268 €20212022 Company: 283 049 € Industry median: 23 299 €2023 Company: 396 564 € Industry median: 22 710 €20232024 Company: 619 824 € Industry median: 22 066 €2025 Company: 419 889 € Industry median: 23 548 €2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 3 683 € · −92.8% vs 2024 · industry median 1 536 € · above 57% of the industry
020 00040 00060 00080 000100 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 57 768 € Industry median: 2 334 €20192020 Company: 5 319 € Industry median: 2 185 €20202021 Company: 28 915 € Industry median: 2 723 €20212022 Company: 87 353 € Industry median: 1 788 €20222023 Company: 41 851 € Industry median: 2 161 €20232024 Company: 51 453 € Industry median: 1 691 €20242025 Company: 3 683 € Industry median: 1 536 €2025020 00040 00060 00080 000100 0002018 Company: — Industry median: —2019 Company: 57 768 € Industry median: 2 334 €20192020 Company: 5 319 € Industry median: 2 185 €2021 Company: 28 915 € Industry median: 2 723 €20212022 Company: 87 353 € Industry median: 1 788 €2023 Company: 41 851 € Industry median: 2 161 €20232024 Company: 51 453 € Industry median: 1 691 €2025 Company: 3 683 € Industry median: 1 536 €2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.9 % · −7.4 pp vs the year before · industry median 15.1 % · above 29% of the industry
0102030402016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 32.6 % Industry median: 16.4 %20192020 Company: 7.0 % Industry median: 16.8 %20202021 Company: 20.5 % Industry median: 19.6 %20212022 Company: 30.9 % Industry median: 16.7 %20222023 Company: 10.6 % Industry median: 17.1 %20232024 Company: 8.3 % Industry median: 15.3 %20242025 Company: 0.9 % Industry median: 15.1 %20250102030402018 Company: — Industry median: —2019 Company: 32.6 % Industry median: 16.4 %20192020 Company: 7.0 % Industry median: 16.8 %2021 Company: 20.5 % Industry median: 19.6 %20212022 Company: 30.9 % Industry median: 16.7 %2023 Company: 10.6 % Industry median: 17.1 %20232024 Company: 8.3 % Industry median: 15.3 %2025 Company: 0.9 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 344 080 € · −0.0% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 79 341 €20192020 Company: 83 108 €20202021 Company: 103 542 €20212022 Company: 214 627 €20222023 Company: 274 582 €20232024 Company: 344 145 €20242025 Company: 344 080 €202501002003004002018 Company: —2019 Company: 79 341 €20192020 Company: 83 108 €2021 Company: 103 542 €20212022 Company: 214 627 €2023 Company: 274 582 €20232024 Company: 344 145 €2025 Company: 344 080 €2025
Equity, € thousand 2025: 272 819 € · +15.9% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 60 415 €20192020 Company: 65 734 €20202021 Company: 94 649 €20212022 Company: 182 032 €20222023 Company: 193 883 €20232024 Company: 235 336 €20242025 Company: 272 819 €202501002003002018 Company: —2019 Company: 60 415 €20192020 Company: 65 734 €2021 Company: 94 649 €20212022 Company: 182 032 €2023 Company: 193 883 €20232024 Company: 235 336 €2025 Company: 272 819 €2025
Employees 2025: 8 · −11.1% vs 2024 · industry median 1 · above 93% of the industry
02468102016 Company: 2 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 120182019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 2 Industry median: 120212022 Company: 5 Industry median: 120222023 Company: 7 Industry median: 120232024 Company: 9 Industry median: 120242025 Company: 8 Industry median: 1202502468102018 Company: 2 Industry median: 12019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 2 Industry median: 120212022 Company: 5 Industry median: 12023 Company: 7 Industry median: 120232024 Company: 9 Industry median: 12025 Company: 8 Industry median: 12025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (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 419 889 3 683 324 044 344 080 272 819 8
2024 619 824 51 453 392 559 344 145 235 336 9
2023 396 564 41 851 215 312 274 582 193 883 7
2022 283 049 87 353 93 242 214 627 182 032 5
2021 141 228 28 915 42 231 103 542 94 649 2
2020 75 593 5 319 16 841 83 108 65 734 1
2019 177 085 57 768 17 813 79 341 60 415 1
2018 — — — — — 2
2017 — — — — — 2
2016 — — — — — 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
0.9 %
Net profit / revenue
Return on equity (ROE)
1.3 %
Net profit / equity
Return on assets (ROA)
1.1 %
Net profit / assets
Equity ratio
79.3 %
Equity / assets
Debt ratio
20.7 %
Liabilities / assets
Current ratio
2.88
Current assets / current liabilities
Revenue per employee
52 486 €
Revenue / average full-time employees
Labour cost per employee per month
3 375 €
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 21 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 24 Mar 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 23 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jan 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 25 Feb 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 3 Sep 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Mar 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

Owner in

Beneficial owners

  • Laur Lõvi
    Direct ownership · since 19 Oct 2018

Founders and other persons

  • Laur Lõvi
    Founder · 2 500 € · 26 Oct 2015
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 71121Constructional engineering-technical designing and consulting Main
  • 74991All other professional, scientific and technical activities n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 50017571 / 6
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50017571 / 5
24 Aug 2022
Amendment under Commercial Code § 525 (2) In force
24 Aug 2022
PDF
Ä 50017571 / 4
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50017571 / 3
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 50017571 / 2
10 Dec 2017
Amendment entry In force
10 Dec 2017
PDF
Ä 50017571
26 Oct 2015
First entry In force
26 Oct 2015
PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data