HQS Development OÜ

Active Registry code 14359845 OÜ Tallinn Registered 26 Oct 2017
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HQS Development OÜ is a OÜ based in Tallinn, registry code 14359845, status: active. Main activity: Computer programming activities. Its annual report for 2025 shows revenue of €14 821 and 0 employees.

Turnover
—
State taxes
704 €
↑ 0.0% vs Q2 2026
Labour taxes
755 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Labour taxes per employee 755 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 14 821 €
    industry median 14 308 € · companies in the industry: 13 337
  • Net profit margin · 2025 13.6 %
    industry median 15.1 % · companies in the industry: 8 944

Taxes and turnover

Q3 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 755 € · +0.0% vs Q2 2026 · industry median 2 345 € · above 11% of the industry
01 0002 0003 000Q3 2023 Company: 1 086 € Industry median: 2 380 €Q3·23Q4 2023 Company: 1 086 € Industry median: 2 319 €Q1 2024 Company: — Industry median: 2 529 €Q1·24Q2 2024 Company: — Industry median: 2 514 €Q3 2024 Company: — Industry median: 2 481 €Q3·24Q4 2024 Company: — Industry median: 2 431 €Q1 2025 Company: — Industry median: 2 523 €Q1·25Q3 2025 Company: — Industry median: 2 577 €Q4 2025 Company: 708 € Industry median: 2 632 €Q4·25Q1 2026 Company: 720 € Industry median: 2 408 €Q2 2026 Company: 755 € Industry median: 2 335 €Q2·26Q3 2026 Company: 755 € Industry median: 2 345 €Q3·2601 0002 0003 000Q3 2024 Company: — Industry median: 2 481 €Q4 2024 Company: — Industry median: 2 431 €Q4·24Q1 2025 Company: — Industry median: 2 523 €Q3 2025 Company: — Industry median: 2 577 €Q3·25Q4 2025 Company: 708 € Industry median: 2 632 €Q1 2026 Company: 720 € Industry median: 2 408 €Q1·26Q2 2026 Company: 755 € Industry median: 2 335 €Q3 2026 Company: 755 € Industry median: 2 345 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q3 2023 Company: 1Q3·23Q4 2023 Company: 1Q1 2024 Company: —Q1·24Q2 2024 Company: —Q3 2024 Company: —Q3·24Q4 2024 Company: 1Q1 2025 Company: —Q1·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q3 2024 Company: —Q4 2024 Company: 1Q4·24Q1 2025 Company: —Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 704 € · +0.0% vs Q2 2026
02505007501 0001 250Q3 2023 Company: 1 021 €Q3·23Q4 2023 Company: 1 021 €Q1 2024 Company: 1 021 €Q1·24Q2 2024 Company: 340 €Q3 2024 Company: 396 €Q3·24Q4 2024 Company: —Q1 2025 Company: 527 €Q1·25Q3 2025 Company: —Q4 2025 Company: 667 €Q4·25Q1 2026 Company: 671 €Q2 2026 Company: 704 €Q2·26Q3 2026 Company: 704 €Q3·260200400600800Q3 2024 Company: 396 €Q4 2024 Company: —Q4·24Q1 2025 Company: 527 €Q3 2025 Company: —Q3·25Q4 2025 Company: 667 €Q1 2026 Company: 671 €Q1·26Q2 2026 Company: 704 €Q3 2026 Company: 704 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 704 755 1
Q2 2026 — 704 755 1
Q1 2026 — 671 720 1
Q4 2025 — 667 708 1
Q3 2025 — — — 1
Q1 2025 — 527 551 —
Q4 2024 — — — 1
Q3 2024 — 396 420 —
Q2 2024 — 340 362 —
Q1 2024 — 1 021 1 085 —
Q4 2023 — 1 021 1 086 1
Q3 2023 — 1 021 1 086 1
Q2 2023 — 766 819 1
Q1 2023 — 619 662 1
Q4 2022 — 501 537 1
Q3 2022 — 425 449 1
Q2 2022 — 275 287 1
Q1 2022 — 361 374 1
Labour taxes per employee per month
252 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025
Revenue, € 2025: 14 821 € · +33.0% vs 2024 · industry median 14 308 € · above 50% of the industry
010 00020 00030 00040 0002018 Company: — Industry median: —20182019 Company: 9 860 € Industry median: 11 130 €20192020 Company: 12 030 € Industry median: 11 075 €20202021 Company: 3 816 € Industry median: 13 109 €20212022 Company: 32 908 € Industry median: 15 007 €20222023 Company: 27 321 € Industry median: 15 500 €20232024 Company: 11 145 € Industry median: 13 784 €20242025 Company: 14 821 € Industry median: 14 308 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 9 860 € Industry median: 11 130 €20192020 Company: 12 030 € Industry median: 11 075 €2021 Company: 3 816 € Industry median: 13 109 €20212022 Company: 32 908 € Industry median: 15 007 €2023 Company: 27 321 € Industry median: 15 500 €20232024 Company: 11 145 € Industry median: 13 784 €2025 Company: 14 821 € Industry median: 14 308 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 2 009 € · +222.9% vs 2024 · industry median 106 € · above 60% of the industry
-2 50002 5005 0007 50010 00012 5002018 Company: — Industry median: —20182019 Company: -957 € Industry median: 618 €20192020 Company: 6 792 € Industry median: 618 €20202021 Company: 3 449 € Industry median: 833 €20212022 Company: 10 428 € Industry median: 300 €20222023 Company: 3 305 € Industry median: 383 €20232024 Company: -1 634 € Industry median: 249 €20242025 Company: 2 009 € Industry median: 106 €2025-2 50002 5005 0007 50010 00012 5002018 Company: — Industry median: —2019 Company: -957 € Industry median: 618 €20192020 Company: 6 792 € Industry median: 618 €2021 Company: 3 449 € Industry median: 833 €20212022 Company: 10 428 € Industry median: 300 €2023 Company: 3 305 € Industry median: 383 €20232024 Company: -1 634 € Industry median: 249 €2025 Company: 2 009 € Industry median: 106 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 13.6 % · +28.2 pp vs the year before · industry median 15.1 % · above 48% of the industry
-2502550751002018 Company: — Industry median: —20182019 Company: -9.7 % Industry median: 21.0 %20192020 Company: 56.5 % Industry median: 22.4 %20202021 Company: 90.4 % Industry median: 23.7 %20212022 Company: 31.7 % Industry median: 19.1 %20222023 Company: 12.1 % Industry median: 17.8 %20232024 Company: -14.7 % Industry median: 16.3 %20242025 Company: 13.6 % Industry median: 15.1 %2025-2502550751002018 Company: — Industry median: —2019 Company: -9.7 % Industry median: 21.0 %20192020 Company: 56.5 % Industry median: 22.4 %2021 Company: 90.4 % Industry median: 23.7 %20212022 Company: 31.7 % Industry median: 19.1 %2023 Company: 12.1 % Industry median: 17.8 %20232024 Company: -14.7 % Industry median: 16.3 %2025 Company: 13.6 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 32 013 € · +4.8% vs 2024
010 00020 00030 00040 0002018 Company: —20182019 Company: 13 147 €20192020 Company: 15 014 €20202021 Company: 12 586 €20212022 Company: 22 820 €20222023 Company: 30 207 €20232024 Company: 30 557 €20242025 Company: 32 013 €2025010 00020 00030 00040 0002018 Company: —2019 Company: 13 147 €20192020 Company: 15 014 €2021 Company: 12 586 €20212022 Company: 22 820 €2023 Company: 30 207 €20232024 Company: 30 557 €2025 Company: 32 013 €2025
Equity, € 2025: 17 649 € · +12.8% vs 2024
05 00010 00015 00020 0002018 Company: —20182019 Company: 8 837 €20192020 Company: 8 774 €20202021 Company: 3 920 €20212022 Company: 13 968 €20222023 Company: 17 275 €20232024 Company: 15 640 €20242025 Company: 17 649 €202505 00010 00015 00020 0002018 Company: —2019 Company: 8 837 €20192020 Company: 8 774 €2021 Company: 3 920 €20212022 Company: 13 968 €2023 Company: 17 275 €20232024 Company: 15 640 €2025 Company: 17 649 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02018 Company: 1 Industry median: 120182019 Company: 1 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: 1 Industry median: 12019 Company: 1 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: Computer programming, consultancy 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 14 821 2 009 3 192 32 013 17 649 0
2024 11 145 -1 634 6 249 30 557 15 640 0
2023 27 321 3 305 12 932 30 207 17 275 0
2022 32 908 10 428 5 293 22 820 13 968 0
2021 3 816 3 449 367 12 586 3 920 0
2020 12 030 6 792 5 238 15 014 8 774 0
2019 9 860 -957 8 670 13 147 8 837 1
2018 — — — — — 1

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
13.6 %
Net profit / revenue
Return on equity (ROE)
11.4 %
Net profit / equity
Return on assets (ROA)
6.3 %
Net profit / assets
Equity ratio
55.1 %
Equity / assets
Debt ratio
44.9 %
Liabilities / assets
Current ratio
2.23
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 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 22 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 16 Apr 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 3 Aug 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 3 Aug 2021 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

Founders and other persons

Activities (EMTAK)

  • 62101Computer programming activities Main

Rulings 5

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50068383 / 5
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 50068383 / 4
11 Apr 2018
 Amendment entry In force
11 Apr 2018
 PDF
Ä 50068383 / 3
20 Jan 2018
 Amendment entry In force
20 Jan 2018
 PDF
Ä 50068383 / 2
14 Dec 2017
 Amendment entry In force
14 Dec 2017
 PDF
Ä 50068383
26 Oct 2017
 First entry In force
26 Oct 2017
 PDF

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