BELEKOX OÜ

Active Registry code 14487023 OÜ Tallinn Registered 11 May 2018

BELEKOX OÜ is a OÜ based in Tallinn, registry code 14487023, status: active. Main activity: Non-specialised wholesale trade. According to EMTA, turnover for Q3 2026 was €85 314 with 1 employees.

Turnover

85 314 €

↑ 59.3% vs Q2 2026

State taxes

3 353 €

↓ 53.2% vs Q2 2026

Labour taxes

2 997 €

↓ 50.2% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 85 314 €

above 56% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 2 997 €

above 65% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 212 944 €

above 64% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 10.5 %

above 74% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 85 314 € · +59.3% vs Q2 2026 · industry median 60 065 € · above 56% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 997 € · −50.2% vs Q2 2026 · industry median 2 104 € · above 65% of the industry

Company
Industry median

Industry: Wholesale trade (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

State taxes, € Q3 2026: 3 353 € · −53.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	85 314	3 353	2 997	1
Q2 2026	53 559	7 163	6 021	1
Q1 2026	54 709	809	667	1
Q4 2025	134 408	5 994	4 370	1
Q3 2025	83 958	3 204	2 537	1
Q2 2025	26 828	3 518	3 726	1
Q1 2025	165 867	5 517	4 835	1
Q4 2024	127 980	4 852	2 730	1
Q3 2024	49 191	8 890	7 785	1
Q2 2024	29 037	402	485	1
Q1 2024	38 935	1 361	1 430	1
Q4 2023	84 435	2 823	2 822	1
Q3 2023	79 777	2 846	3 067	1
Q2 2023	6 984	2 644	2 822	1
Q1 2023	76 948	7 777	3 292	1
Q4 2022	76 756	2 797	2 895	1
Q3 2022	46 033	2 722	1 991	1
Q2 2022	14 344	4 570	2 895	1
Q1 2022	94 081	3 481	2 806	1

Labour taxes per employee per month

999 €

Turnover per employee in the quarter

85 314 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025

Revenue, € thousand 2025: 212 944 € · +14.4% vs 2024 · industry median 63 691 € · above 64% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 22 452 € · +185.6% vs 2024 · industry median 127 € · above 77% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 10.5 % · +24.6 pp vs the year before · industry median 2.7 % · above 74% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 550 137 € · +18.0% vs 2024

Equity, € 2025: 29 576 € · +315.2% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Wholesale trade (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	212 944	22 452	33 866	550 137	29 576	1
2024	186 202	-26 222	33 223	466 375	7 124	1
2023	75 972	-9 889	28 539	366 611	33 346	1
2022	136 030	25 456	27 560	177 531	43 235	1
2021	48 968	14 828	3 892	52 666	17 779	1
2020	36 200	0	0	5 782	2 951	0
2019	36 200	20 874	0	31 259	24 418	0
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

10.5 %

Net profit / revenue

Return on equity (ROE)

75.9 %

Net profit / equity

Return on assets (ROA)

4.1 %

Net profit / assets

Equity ratio

5.4 %

Equity / assets

Debt ratio

94.6 %

Liabilities / assets

Current ratio

1.02

Current assets / current liabilities

Revenue per employee

212 944 €

Revenue / average full-time employees

Labour cost per employee per month

2 822 €

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	14 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	23 Oct 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	28 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	15 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	15 Jun 2022	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Oct 2020	Company’s own	e-Äriregister

Board

Simonas Kundrotas
Board member · since 21 Apr 2021
Alvis Adamovičs
Board member · since 4 May 2021
Indrek Aeltermann
Board member · since 17 Dec 2025

Right of representation

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

Owners

Alvis Adamovičs
Natural person · 625 €

25%
Indrek Aeltermann
Natural person · 625 €

25%
Simonas Kundrotas
Natural person · 625 €

25%
Odtone OÜ
Legal person · 14394238 · 625 €

25%

Beneficial owners

Indrek Aeltermann
Direct ownership · since 22 Sep 2026
Raivydas Banys
Indirect ownership · LTU · since 7 Jul 2023
Simonas Kundrotas
Direct ownership · LTU · since 7 Jul 2023
Alvis Adamovics
Direct ownership · LVA · since 15 Apr 2021

Founders and other persons

Povilas Norkūnas
Founder · 2 500 € · 8 May 2018

shared board members, owners or beneficial owners

Activities (EMTAK)

46901Non-specialised wholesale trade Main

Rulings 14

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50093836 / 9 23 Sep 2026	Amendment entry		In force 23 Sep 2026	PDF
Ä 50093836 / 8 17 Dec 2025	Amendment entry		In force 17 Dec 2025	PDF
Ä 50093836 / M5 24 Nov 2025	Ruling to eliminate deficiencies	17 Dec 2025	In force 18 Dec 2025	PDF
Ä 50093836 / 7 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50093836 / 6 15 Jun 2022	Amendment entry		In force 15 Jun 2022	PDF
Ä 50093836 / M4 14 Jun 2022	Warning of deletion from the register: annual report not filed	14 Dec 2022	Deficiencies eliminated 15 Jun 2022	PDF
Ä 50093836 / M3 11 Apr 2022	Warning of a fine: annual report not filed	11 May 2022	Deficiencies eliminated 15 Jun 2022	PDF
Ä 50093836 / 5 4 May 2021	Amendment entry		In force 4 May 2021	PDF
Ä 50093836 / 4 21 Apr 2021	Amendment entry		In force 21 Apr 2021	PDF
Ä 50093836 / 3 26 Jul 2019	Amendment entry		In force 26 Jul 2019	PDF
Ä 50093836 / 2 22 May 2018	Amendment entry		In force 22 May 2018	PDF
Ä 50093836 11 May 2018	First entry		In force 11 May 2018	PDF
Ä 50093836 / M2 10 May 2018	Ruling to eliminate deficiencies	22 May 2018	Deficiencies eliminated 11 May 2018	PDF
Ä 50093836 / M1 8 May 2018	Ruling to eliminate deficiencies	20 May 2018	Deficiencies eliminated 11 May 2018	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

BELEKOX OÜ

Position in the industry Wholesale trade · EMTAK 46

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 14