Flex Consult OÜ

Active Registry code 12936405 OÜ Tartu linn Registered 27 Oct 2015
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Flex Consult OÜ is a OÜ based in Tartu linn, registry code 12936405, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2025 shows revenue of €8 089 and 0 employees.

Turnover
—
State taxes
10 €
Labour taxes
0 €
Employees
—

Q1 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 8 089 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 53.2 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q1 2022 – Q1 2026
State taxes, € Q1 2026: 10 € · +0.0% vs Q1 2025
0246810Q1 2022 Company: 6 €Q1·22Q1 2023 Company: 6 €Q1·23Q2 2024 Company: 10 €Q2·24Q1 2025 Company: 10 €Q1·25Q1 2026 Company: 10 €Q1·260246810Q1 2022 Company: 6 €Q1·22Q1 2023 Company: 6 €Q2 2024 Company: 10 €Q2·24Q1 2025 Company: 10 €Q1 2026 Company: 10 €Q1·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2026 — 10 — —
Q1 2025 — 10 — —
Q2 2024 — 10 — —
Q1 2023 — 6 — —
Q1 2022 — 6 — —

Financials by year

2016 – 2025
Revenue, € 2025: 8 089 € · −11.3% vs 2024 · industry median 13 620 € · above 39% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 10 800 €20192020 Company: 2 540 € Industry median: 10 586 €20202021 Company: 4 633 € Industry median: 11 162 €20212022 Company: 7 505 € Industry median: 11 792 €20222023 Company: 7 680 € Industry median: 12 224 €20232024 Company: 9 120 € Industry median: 12 863 €20242025 Company: 8 089 € Industry median: 13 620 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: — Industry median: 10 800 €20192020 Company: 2 540 € Industry median: 10 586 €2021 Company: 4 633 € Industry median: 11 162 €20212022 Company: 7 505 € Industry median: 11 792 €2023 Company: 7 680 € Industry median: 12 224 €20232024 Company: 9 120 € Industry median: 12 863 €2025 Company: 8 089 € Industry median: 13 620 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 4 303 € · −40.5% vs 2024 · industry median 283 € · above 71% of the industry
-2 00002 0004 0006 0008 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -1 024 € Industry median: 205 €20192020 Company: 552 € Industry median: 175 €20202021 Company: 1 563 € Industry median: 251 €20212022 Company: 4 757 € Industry median: 161 €20222023 Company: 3 976 € Industry median: 154 €20232024 Company: 7 229 € Industry median: 256 €20242025 Company: 4 303 € Industry median: 283 €2025-2 00002 0004 0006 0008 0002018 Company: — Industry median: —2019 Company: -1 024 € Industry median: 205 €20192020 Company: 552 € Industry median: 175 €2021 Company: 1 563 € Industry median: 251 €20212022 Company: 4 757 € Industry median: 161 €2023 Company: 3 976 € Industry median: 154 €20232024 Company: 7 229 € Industry median: 256 €2025 Company: 4 303 € Industry median: 283 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 53.2 % · −26.1 pp vs the year before · industry median 5.9 % · above 80% of the industry
0204060802016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 5.7 %20192020 Company: 21.7 % Industry median: 5.6 %20202021 Company: 33.7 % Industry median: 7.4 %20212022 Company: 63.4 % Industry median: 5.9 %20222023 Company: 51.8 % Industry median: 5.2 %20232024 Company: 79.3 % Industry median: 6.0 %20242025 Company: 53.2 % Industry median: 5.9 %20250204060802018 Company: — Industry median: —2019 Company: — Industry median: 5.7 %20192020 Company: 21.7 % Industry median: 5.6 %2021 Company: 33.7 % Industry median: 7.4 %20212022 Company: 63.4 % Industry median: 5.9 %2023 Company: 51.8 % Industry median: 5.2 %20232024 Company: 79.3 % Industry median: 6.0 %2025 Company: 53.2 % Industry median: 5.9 %2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 47 533 € · −7.9% vs 2024
020 00040 00060 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 35 045 €20192020 Company: 35 791 €20202021 Company: 38 213 €20212022 Company: 43 084 €20222023 Company: 44 478 €20232024 Company: 51 620 €20242025 Company: 47 533 €2025020 00040 00060 0002018 Company: —2019 Company: 35 045 €20192020 Company: 35 791 €2021 Company: 38 213 €20212022 Company: 43 084 €2023 Company: 44 478 €20232024 Company: 51 620 €2025 Company: 47 533 €2025
Equity, € 2025: 23 856 € · +22.0% vs 2024
05 00010 00015 00020 00025 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 476 €20192020 Company: 2 028 €20202021 Company: 3 591 €20212022 Company: 8 348 €20222023 Company: 12 324 €20232024 Company: 19 553 €20242025 Company: 23 856 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: 1 476 €20192020 Company: 2 028 €2021 Company: 3 591 €20212022 Company: 8 348 €2023 Company: 12 324 €20232024 Company: 19 553 €2025 Company: 23 856 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate 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 8 089 4 303 0 47 533 23 856 0
2024 9 120 7 229 0 51 620 19 553 0
2023 7 680 3 976 0 44 478 12 324 0
2022 7 505 4 757 0 43 084 8 348 0
2021 4 633 1 563 0 38 213 3 591 0
2020 2 540 552 0 35 791 2 028 0
2019 — -1 024 0 35 045 1 476 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 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
53.2 %
Net profit / revenue
Return on equity (ROE)
18.0 %
Net profit / equity
Return on assets (ROA)
9.1 %
Net profit / assets
Equity ratio
50.2 %
Equity / assets
Debt ratio
49.8 %
Liabilities / assets
Current ratio
5.96
Current assets / current liabilities

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 21 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 1 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 18 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 22 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 May 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

  • Tarmo Kivi
    Direct ownership · since 24 Oct 2018

Founders and other persons

  • Tarmo Kivi
    Founder · 2 500 € · 27 Oct 2015

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main

Rulings 6

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50017670 / 6
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 50017670 / 5
25 Sep 2019
 Amendment entry In force
25 Sep 2019
 PDF
Ä 50017670 / 4
19 Jan 2018
 Amendment entry In force
19 Jan 2018
 PDF
Ä 50017670 / 3
19 Dec 2017
 Amendment entry In force
19 Dec 2017
 PDF
Ä 50017670 / 2
10 Dec 2017
 Amendment entry In force
10 Dec 2017
 PDF
Ä 50017670
27 Oct 2015
 First entry In force
27 Oct 2015
 PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data