Veles Beauty Industry OÜ is a OÜ based in Tartu linn, registry code 14571700, status: active. Main activity: Retail sale of cosmetic and toilet articles. According to EMTA, turnover for Q3 2026 was €1 053 with employees.
Turnover
1 053 €
↓ 28.4%vs Q2 2026
State taxes
149 €
↑ 38.0%vs Q2 2026
Labour taxes
203 €
↑ 21.6%vs Q2 2026
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Retail trade · EMTAK 47
Turnover · Q3 20261 053 €
above 12% of companies
industry median 23 652 € · companies in the industry: 7 652
Revenue · 202533 213 €
above 59% of companies
industry median 16 974 € · companies in the industry: 13 500
Net profit margin · 2025-29.5 %
above 10% of companies
industry median 1.3 % · companies in the industry: 9 480
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 1 053 € · −28.4% vs Q2 2026 · industry median 23 652 € · above 12% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q2 2026: 84 € · +2.5% vs Q1 2026 · industry median 1 131 € · above 2% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ2 2026: 2 · +0.0% vs Q1 2026State taxes, € Q3 2026: 149 € · +38.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
1 053
149
203
—
Q2 2026
1 470
108
167
2
Q1 2026
4 146
362
163
2
Q4 2025
6 423
550
114
2
Q3 2025
8 342
1 110
273
2
Q2 2025
11 486
1 229
43
2
Q1 2025
10 149
1 119
259
2
Q4 2024
10 861
1 002
177
2
Q3 2024
11 778
1 084
173
2
Q2 2024
11 116
1 156
109
2
Q1 2024
11 235
927
—
2
Q4 2023
8 387
526
—
1
Q3 2023
9 050
969
—
1
Q2 2023
10 720
650
—
1
Q1 2023
7 685
434
—
1
Q4 2022
10 815
545
—
2
Q3 2022
12 273
925
—
2
Q2 2022
12 402
1 299
—
2
Q1 2022
11 118
719
—
2
Financials by year
2019 – 2025
Revenue, € 2025: 33 213 € · −21.9% vs 2024 · industry median 16 974 € · above 59% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -9 800 € · −1 640.9% vs 2024 · industry median 0 € · above 10% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -29.5 % · −31.0 pp vs the year before · industry median 1.3 % · above 10% of the industry
Company
Industry median
Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 11 331 € · −50.1% vs 2024Equity, € 2025: 4 203 € · −70.0% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
Company
Industry median
Industry: Retail 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
33 213
-9 800
7 855
11 331
4 203
1
2024
42 535
636
7 616
22 714
14 003
1
2023
37 150
731
0
21 683
13 367
0
2022
41 096
1 828
0
10 237
10 135
0
2021
36 693
1 647
0
9 772
8 307
0
2020
19 470
9 640
2 701
7 766
6 660
1
2019
25 994
-5 480
1 220
18 688
-2 980
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
-29.5 %
Net profit / revenue
Return on equity (ROE)
-233.2 %
Net profit / equity
Return on assets (ROA)
-86.5 %
Net profit / assets
Equity ratio
37.1 %
Equity / assets
Debt ratio
62.9 %
Liabilities / assets
Current ratio
1.59
Current assets / current liabilities
Revenue per employee
33 213 €
Revenue / average full-time employees
Labour cost per employee per month
655 €
Labour costs / employees / 12 months (incl. employer taxes)
