Gelatex Technologies OÜ

Active Registry code 14145430 OÜ Tallinn Registered 3 Nov 2016

Gelatex Technologies OÜ is a OÜ based in Tallinn, registry code 14145430, status: active. Main activity: Engineering activities and related technical consultancy. According to EMTA, turnover for Q3 2026 was €138 078 with 5 employees.

Turnover

138 078 €

↓ 0.2% vs Q2 2026

State taxes

39 353 €

↑ 4.2% vs Q2 2026

Labour taxes

42 059 €

↑ 3.5% vs Q2 2026

Employees

−2 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 138 078 €

above 91% of companies

industry median 16 250 € · companies in the industry: 2 781
Labour taxes per employee 8 412 €

above 98% of companies

industry median 1 751 € · companies in the industry: 1 910
Revenue · 2025 319 773 €

above 92% of companies

industry median 23 548 € · companies in the industry: 4 824
Net profit margin · 2025 11.7 %

above 46% of companies

industry median 15.1 % · companies in the industry: 3 876

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 138 078 € · −0.2% vs Q2 2026 · industry median 16 250 € · above 91% of the industry

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: 8 412 € · +44.8% vs Q2 2026 · industry median 1 751 € · above 98% of the industry

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: 5 · −28.6% vs Q2 2026

State taxes, € Q3 2026: 39 353 € · +4.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	138 078	39 353	42 059	5
Q2 2026	138 404	37 760	40 654	7
Q1 2026	142 928	29 658	31 841	5
Q4 2025	198 541	32 645	34 455	4
Q3 2025	36 012	25 191	26 742	4
Q2 2025	42 295	24 363	25 883	6
Q1 2025	103 292	24 006	25 631	4
Q4 2024	57 306	22 825	24 194	5
Q3 2024	92 926	32 675	34 174	6
Q2 2024	40 556	31 762	33 744	6
Q1 2024	30 686	33 206	35 188	6
Q4 2023	76 354	41 047	42 128	5
Q3 2023	49 059	38 789	40 096	7
Q2 2023	62 900	42 377	45 123	9
Q1 2023	50 769	41 556	44 316	11
Q4 2022	72 762	42 850	45 541	10
Q3 2022	89 952	36 687	38 443	11
Q2 2022	56 871	25 865	27 438	11
Q1 2022	27 803	16 228	16 991	5

Labour taxes per employee per month

2 804 €

Turnover per employee in the quarter

27 616 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025

Revenue, € thousand 2025: 319 773 € · +138.1% vs 2024 · industry median 23 548 € · above 92% of the industry

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, € thousand 2025: 37 406 € · +117.3% vs 2024 · industry median 1 536 € · above 86% of the industry

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: 11.7 % · +172.5 pp vs the year before · industry median 15.1 % · above 46% of the industry

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: 965 287 € · +46.8% vs 2024

Equity, € thousand 2025: 640 340 € · +6.2% vs 2024

Employees 2025: 7 · −12.5% vs 2024 · industry median 1 · above 91% of the industry

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	319 773	37 406	277 107	965 287	640 340	7
2024	134 279	-215 952	296 919	657 343	602 934	8
2023	113 825	-305 850	399 443	634 009	187 423	10
2022	47 464	-740 177	369 470	594 746	493 273	11
2021	109 603	-100 160	60 191	1 274 806	1 233 450	7
2020	56 591	-90 790	78 180	85 264	2 570	3
2019	0	31 765	37 474	138 220	50 660	2
2018	—	—	—	—	—	1
2017	—	—	—	—	—	3

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

11.7 %

Net profit / revenue

Return on equity (ROE)

5.8 %

Net profit / equity

Return on assets (ROA)

3.9 %

Net profit / assets

Equity ratio

66.3 %

Equity / assets

Debt ratio

33.7 %

Liabilities / assets

Current ratio

1.03

Current assets / current liabilities

Revenue per employee

45 682 €

Revenue / average full-time employees

Labour cost per employee per month

3 299 €

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	25 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	2 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	13 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	2 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	29 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	15 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	3 Jun 2020	Company’s own	e-Äriregister

Board

Märt-Erik Martens
Board member · since 3 Nov 2016
Mari-Ann Meigo Fonseca
Board member · since 11 Sep 2017

Right of representation

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

Owners

Mamefo OÜ
Legal person · 16529027 · 5 000 €

30.63%
Martens Technologies OÜ
Legal person · 16968873 · 5 000 €

30.63%
Usaldusfond Change Ventures Fund II
Legal person · 14802453 · 2 838 €

17.39%
TechStars Corporate Partner 2017 LLC
Legal person · 1 193 €

7.31%
Crosslight Food A AB
Legal person · 1 023 €

6.27%
Usaldusfond Superangel Two
Legal person · 16519922 · 543 €

3.33%
Lifely LP
Legal person · 236 €

1.44%
Fund I, a series of Climate Collective
Legal person · 165 €

1.01%
Osimo Pte. Limited
Legal person · 142 €

0.87%
TechStars Impact 2018 SPV LLC
Legal person · 113 €

0.69%
Ventures I GmbH & Co. KG
Legal person · 71 €

0.43%

Beneficial owners

Mari-Ann Meigo Fonseca
Indirect ownership · since 2 Jan 2020
Märt-Erik Martens
Indirect ownership · since 2 Jan 2020

Founders and other persons

Mari-Ann Meigo
Founder · 1 250 € · 2 Nov 2016
Märt-Erik Martens
Founder · 1 250 € · 2 Nov 2016

shared board members, owners or beneficial owners

Activities (EMTAK)

7112Engineering activities and related technical consultancy Main
13991Manufacture of other textiles n.e.c.

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50040652 / 11 4 Mar 2026	Amendment entry	In force 4 Mar 2026	PDF
Ä 50040652 / 10 31 Dec 2024	Amendment entry	In force 31 Dec 2024	PDF
Ä 50040652 / 9 9 Mar 2022	Amendment under Commercial Code § 525 (2)	In force 9 Mar 2022	PDF
Ä 50040652 / 8 7 Dec 2021	Amendment entry	In force 7 Dec 2021	PDF
Ä 50040652 / 7 1 Sep 2021	Amendment entry	In force 1 Sep 2021	PDF
Ä 50040652 / 6 9 Dec 2020	Amendment entry	In force 9 Dec 2020	PDF
Ä 50040652 / 5 29 Jul 2019	Amendment entry	In force 29 Jul 2019	PDF
Ä 50040652 / 4 19 Jan 2018	Amendment entry	In force 19 Jan 2018	PDF
Ä 50040652 / 3 12 Dec 2017	Amendment entry	In force 12 Dec 2017	PDF
Ä 50040652 / 2 11 Sep 2017	Amendment entry	In force 11 Sep 2017	PDF
Ä 50040652 3 Nov 2016	First entry	In force 3 Nov 2016	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Gelatex Technologies OÜ

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

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 11