Brave Capital Group OÜ

Active Registry code 14596717 OÜ Tallinn Registered 30 Oct 2018
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Brave Capital Group OÜ is a OÜ based in Tallinn, registry code 14596717, status: active. Main activity: Buying and selling of own real estate. Its annual report for 2025 shows revenue of €403 000 and 0 employees.

Turnover
—
State taxes
70 €
↑ 204.3% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 403 000 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 44.4 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q1 2026: 0 € · industry median 14 759 € · above 2% of the industry
020 00040 00060 00080 000100 000Q4 2023 Company: 72 € Industry median: 14 897 €Q4·23Q1 2024 Company: 12 € Industry median: 15 027 €Q2 2024 Company: 96 035 € Industry median: 14 064 €Q2·24Q3 2024 Company: 1 442 € Industry median: 14 462 €Q4 2024 Company: 0 € Industry median: 14 610 €Q4·24Q1 2025 Company: 0 € Industry median: 14 672 €Q2 2025 Company: 0 € Industry median: 14 301 €Q2·25Q3 2025 Company: 0 € Industry median: 14 273 €Q4 2025 Company: 0 € Industry median: 14 464 €Q4·25Q1 2026 Company: 0 € Industry median: 14 759 €Q2 2026 Company: — Industry median: 14 595 €Q2·26Q3 2026 Company: — Industry median: 15 030 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 0 € Industry median: 14 610 €Q1 2025 Company: 0 € Industry median: 14 672 €Q1·25Q2 2025 Company: 0 € Industry median: 14 301 €Q3 2025 Company: 0 € Industry median: 14 273 €Q3·25Q4 2025 Company: 0 € Industry median: 14 464 €Q1 2026 Company: 0 € Industry median: 14 759 €Q1·26Q2 2026 Company: — Industry median: 14 595 €Q3 2026 Company: — Industry median: 15 030 €Q3·26
  • Company
  • Industry median

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

State taxes, € Q3 2026: 70 € · +204.3% vs Q2 2026
02 5005 0007 50010 00012 500Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 618 €Q2·24Q3 2024 Company: 10 864 €Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: 8 026 €Q2·25Q3 2025 Company: 4 992 €Q4 2025 Company: 1 625 €Q4·25Q1 2026 Company: 648 €Q2 2026 Company: 23 €Q2·26Q3 2026 Company: 70 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: 8 026 €Q3 2025 Company: 4 992 €Q3·25Q4 2025 Company: 1 625 €Q1 2026 Company: 648 €Q1·26Q2 2026 Company: 23 €Q3 2026 Company: 70 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 70 — —
Q2 2026 — 23 — —
Q1 2026 — 648 — —
Q4 2025 — 1 625 — —
Q3 2025 — 4 992 — —
Q2 2025 — 8 026 83 —
Q1 2025 — — — —
Q4 2024 — — — —
Q3 2024 1 442 10 864 — —
Q2 2024 96 035 618 83 —
Q1 2024 12 — — —
Q4 2023 72 — — —
Q3 2023 45 — — —
Q2 2023 102 — 113 —
Q1 2023 4 075 — 497 —
Q4 2022 6 509 2 160 4 888 —
Q3 2022 6 494 5 217 5 560 2
Q2 2022 2 881 2 386 4 314 2
Q1 2022 1 000 000 150 272 827 2

Financials by year

2019 – 2025
Revenue, € thousand 2025: 403 000 € · +1 655.3% vs 2024 · industry median 13 620 € · above 98% of the industry
02004006008002019 Company: — Industry median: 10 800 €20192020 Company: 0 € Industry median: 10 586 €20202021 Company: 0 € Industry median: 11 162 €20212022 Company: 766 126 € Industry median: 11 789 €20222023 Company: 48 001 € Industry median: 12 224 €20232024 Company: 22 959 € Industry median: 12 853 €20242025 Company: 403 000 € Industry median: 13 620 €202502004006008002019 Company: — Industry median: 10 800 €20192020 Company: 0 € Industry median: 10 586 €2021 Company: 0 € Industry median: 11 162 €20212022 Company: 766 126 € Industry median: 11 789 €2023 Company: 48 001 € Industry median: 12 224 €20232024 Company: 22 959 € Industry median: 12 853 €2025 Company: 403 000 € 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, € thousand 2025: 179 122 € · +1 027.7% vs 2024 · industry median 283 € · above 98% of the industry
01002003004005002019 Company: 0 € Industry median: 205 €20192020 Company: 5 465 € Industry median: 175 €20202021 Company: 25 999 € Industry median: 251 €20212022 Company: 400 368 € Industry median: 161 €20222023 Company: 110 318 € Industry median: 154 €20232024 Company: 15 884 € Industry median: 256 €20242025 Company: 179 122 € Industry median: 283 €202501002003004005002019 Company: 0 € Industry median: 205 €20192020 Company: 5 465 € Industry median: 175 €2021 Company: 25 999 € Industry median: 251 €20212022 Company: 400 368 € Industry median: 161 €2023 Company: 110 318 € Industry median: 154 €20232024 Company: 15 884 € Industry median: 256 €2025 Company: 179 122 € 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: 44.4 % · −24.7 pp vs the year before · industry median 5.9 % · above 77% of the industry
0501001502002502019 Company: — Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %20202021 Company: — Industry median: 7.4 %20212022 Company: 52.3 % Industry median: 5.9 %20222023 Company: 229.8 % Industry median: 5.2 %20232024 Company: 69.2 % Industry median: 5.9 %20242025 Company: 44.4 % Industry median: 5.9 %20250501001502002502019 Company: — Industry median: 5.7 %20192020 Company: — Industry median: 5.6 %2021 Company: — Industry median: 7.4 %20212022 Company: 52.3 % Industry median: 5.9 %2023 Company: 229.8 % Industry median: 5.2 %20232024 Company: 69.2 % Industry median: 5.9 %2025 Company: 44.4 % 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, € thousand 2025: 1 094 856 € · −26.1% vs 2024
05001 0001 5002 0002019 Company: —20192020 Company: 353 176 €20202021 Company: 476 700 €20212022 Company: 1 533 791 €20222023 Company: 1 386 585 €20232024 Company: 1 481 559 €20242025 Company: 1 094 856 €202505001 0001 5002 0002019 Company: —20192020 Company: 353 176 €2021 Company: 476 700 €20212022 Company: 1 533 791 €2023 Company: 1 386 585 €20232024 Company: 1 481 559 €2025 Company: 1 094 856 €2025
Equity, € thousand 2025: 737 145 € · +32.1% vs 2024
02004006008002019 Company: —20192020 Company: 5 465 €20202021 Company: 31 464 €20212022 Company: 431 832 €20222023 Company: 542 149 €20232024 Company: 558 033 €20242025 Company: 737 145 €202502004006008002019 Company: —20192020 Company: 5 465 €2021 Company: 31 464 €20212022 Company: 431 832 €2023 Company: 542 149 €20232024 Company: 558 033 €2025 Company: 737 145 €2025
Employees 2025: 0 · −100.0% vs 2024 · industry median 1 · above 2% of the industry
0.00.51.01.52.02019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 2 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 0 Industry median: 120250.00.51.01.52.02019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 2 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 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 403 000 179 122 0 1 094 856 737 145 0
2024 22 959 15 884 6 750 1 481 559 558 033 1
2023 48 001 110 318 5 729 1 386 585 542 149 1
2022 766 126 400 368 38 521 1 533 791 431 832 2
2021 0 25 999 0 476 700 31 464 0
2020 0 5 465 0 353 176 5 465 0
2019 — 0 0 — — 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
44.4 %
Net profit / revenue
Return on equity (ROE)
24.3 %
Net profit / equity
Return on assets (ROA)
16.4 %
Net profit / assets
Equity ratio
67.3 %
Equity / assets
Debt ratio
32.7 %
Liabilities / assets
Current ratio
13.80
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 1 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 5 Jun 2026 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 5 Jun 2026 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 17 Jan 2024 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 10 Aug 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 23 Feb 2022 Company’s own e-Äriregister
2019 30 Oct 2018 – 31 Dec 2019 23 Feb 2022 Company’s own e-Äriregister

Board

  • Veljo Kuusk
    Board member · since 7 Oct 2025
  • Nasdaq CSD SE
    Keeper of the share register · since 13 Jun 2020

Right of representation

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

Owners

Owner in

Beneficial owners

  • Kristel Kuusk
    Indirect ownership · since 27 Nov 2020
  • Veljo Kuusk
    Member of a senior management body (management or supervisory board) · since 27 Nov 2020
  • Virko Kuusk
    Indirect ownership · since 27 Nov 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68111Buying and selling of own real estate Main
Rulings
Number, date Title Deadline State Document
Ä 50105886 / 6
7 Oct 2025
Amendment entry In force
7 Oct 2025
PDF
Ä 50105886 / M8
30 Sep 2025
Ruling to eliminate deficiencies 16 Oct 2025 Deficiencies eliminated
7 Oct 2025
PDF
Ä 50105886 / 5
13 Jun 2025
Amendment entry In force
13 Jun 2025
PDF
Ä 50105886 / M7
22 Aug 2024
Fine for not filing the report 6 Sep 2024 In force
7 Sep 2024
PDF
Ä 50105886 / M6
14 Jul 2024
Warning of a fine: annual report not filed 13 Aug 2024 In force
14 Jul 2024
PDF
Ä 50105886 / 4
20 Feb 2024
Amendment entry In force
20 Feb 2024
PDF
Ä 50105886 / M5
14 Feb 2024
Ruling to eliminate deficiencies 28 Feb 2024 Deficiencies eliminated
20 Feb 2024
PDF
Ä 50105886 / M4
13 Feb 2024
Ruling to eliminate deficiencies 27 Feb 2024 Deficiencies eliminated
20 Feb 2024
PDF
Ä 50105886 / M3
17 Jan 2024
Fine for not filing the report 1 Feb 2024 Deficiencies eliminated
3 Feb 2024
PDF
Ä 50105886 / M2
12 Dec 2023
Warning of a fine: annual report not filed 11 Jan 2024 Deficiencies eliminated
3 Feb 2024
PDF
Ä 50105886 / 3
2 Feb 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
2 Feb 2023
PDF
Ä 50105886 / M1
15 Feb 2022
Warning of a fine: annual report not filed 17 Mar 2022 Deficiencies eliminated
23 Feb 2022
PDF
Ä 50105886 / 2
13 Jun 2020
Amendment entry In force
13 Jun 2020
PDF
Ä 50105886
30 Oct 2018
First entry In force
30 Oct 2018
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data