Belsk OÜ

Active Registry code 14612037 OÜ Tallinn Registered 22 Nov 2018
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Belsk OÜ is a OÜ based in Tallinn, registry code 14612037, status: active. Main activity: Activities of agents involved in non-specialised wholesale. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
↓ 100.0% vs Q2 2026
State taxes
316 €
↓ 66.7% vs Q2 2026
Labour taxes
336 €
↓ 66.6% vs Q2 2026
Employees
—

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

Position in the industry Wholesale trade · EMTAK 46

  • Revenue · 2025 1.4 mn €
    industry median 63 691 € · companies in the industry: 10 038
  • Net profit margin · 2025 9.5 %
    industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026 · industry median 60 065 € · above 2% of the industry
05001 0001 5002 000Q4 2023 Company: 422 332 € Industry median: 69 842 €Q4·23Q1 2024 Company: 901 252 € Industry median: 60 423 €Q2 2024 Company: 318 205 € Industry median: 66 207 €Q2·24Q3 2024 Company: 118 751 € Industry median: 63 101 €Q4 2024 Company: 319 824 € Industry median: 65 867 €Q4·24Q1 2025 Company: 1 179 340 € Industry median: 59 713 €Q2 2025 Company: 289 163 € Industry median: 61 800 €Q2·25Q3 2025 Company: 174 771 € Industry median: 59 911 €Q4 2025 Company: 707 800 € Industry median: 59 583 €Q4·25Q1 2026 Company: 1 583 460 € Industry median: 53 954 €Q2 2026 Company: 469 410 € Industry median: 61 600 €Q2·26Q3 2026 Company: 0 € Industry median: 60 065 €Q3·2605001 0001 5002 000Q4 2024 Company: 319 824 € Industry median: 65 867 €Q1 2025 Company: 1 179 340 € Industry median: 59 713 €Q1·25Q2 2025 Company: 289 163 € Industry median: 61 800 €Q3 2025 Company: 174 771 € Industry median: 59 911 €Q3·25Q4 2025 Company: 707 800 € Industry median: 59 583 €Q1 2026 Company: 1 583 460 € Industry median: 53 954 €Q1·26Q2 2026 Company: 469 410 € Industry median: 61 600 €Q3 2026 Company: 0 € Industry median: 60 065 €Q3·26
  • 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, € Q1 2026: 995 € · +2.4% vs Q4 2025 · industry median 2 089 € · above 19% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 702 € Industry median: 1 903 €Q4·23Q1 2024 Company: 757 € Industry median: 1 948 €Q2 2024 Company: 794 € Industry median: 1 960 €Q2·24Q3 2024 Company: 806 € Industry median: 2 029 €Q4 2024 Company: 806 € Industry median: 2 008 €Q4·24Q1 2025 Company: 916 € Industry median: 2 079 €Q2 2025 Company: 984 € Industry median: 2 091 €Q2·25Q3 2025 Company: 1 116 € Industry median: 2 158 €Q4 2025 Company: 972 € Industry median: 2 169 €Q4·25Q1 2026 Company: 995 € Industry median: 2 089 €Q2 2026 Company: — Industry median: 2 068 €Q2·26Q3 2026 Company: — Industry median: 2 104 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 806 € Industry median: 2 008 €Q1 2025 Company: 916 € Industry median: 2 079 €Q1·25Q2 2025 Company: 984 € Industry median: 2 091 €Q3 2025 Company: 1 116 € Industry median: 2 158 €Q3·25Q4 2025 Company: 972 € Industry median: 2 169 €Q1 2026 Company: 995 € Industry median: 2 089 €Q1·26Q2 2026 Company: — Industry median: 2 068 €Q3 2026 Company: — Industry median: 2 104 €Q3·26
  • Company
  • Industry median

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

Employees Q1 2026: 1 · +0.0% vs Q4 2025
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 316 € · −66.7% vs Q2 2026
05001 0001 5002 000Q4 2023 Company: 1 607 €Q4·23Q1 2024 Company: 760 €Q2 2024 Company: 742 €Q2·24Q3 2024 Company: 753 €Q4 2024 Company: 753 €Q4·24Q1 2025 Company: 860 €Q2 2025 Company: 925 €Q2·25Q3 2025 Company: 1 057 €Q4 2025 Company: 913 €Q4·25Q1 2026 Company: 1 033 €Q2 2026 Company: 948 €Q2·26Q3 2026 Company: 316 €Q3·2602505007501 0001 250Q4 2024 Company: 753 €Q1 2025 Company: 860 €Q1·25Q2 2025 Company: 925 €Q3 2025 Company: 1 057 €Q3·25Q4 2025 Company: 913 €Q1 2026 Company: 1 033 €Q1·26Q2 2026 Company: 948 €Q3 2026 Company: 316 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 316 336 —
Q2 2026 469 410 948 1 007 —
Q1 2026 1 583 460 1 033 995 1
Q4 2025 707 800 913 972 1
Q3 2025 174 771 1 057 1 116 1
Q2 2025 289 163 925 984 1
Q1 2025 1 179 340 860 916 1
Q4 2024 319 824 753 806 1
Q3 2024 118 751 753 806 1
Q2 2024 318 205 742 794 1
Q1 2024 901 252 760 757 1
Q4 2023 422 332 1 607 702 1
Q3 2023 176 462 1 854 702 1
Q2 2023 500 368 1 358 702 1
Q1 2023 878 411 1 482 739 1
Q4 2022 420 542 929 813 1
Q3 2022 249 827 764 813 1
Q2 2022 388 056 955 799 1
Q1 2022 1 044 679 2 069 786 1

Financials by year

2019 – 2025
Revenue, € thousand 2025: 1 418 565 € · +56.9% vs 2024 · industry median 63 691 € · above 85% of the industry
05001 0001 5002019 Company: 11 500 € Industry median: 78 948 €20192020 Company: 18 723 € Industry median: 67 913 €20202021 Company: 727 588 € Industry median: 71 656 €20212022 Company: 1 201 043 € Industry median: 75 397 €20222023 Company: 936 061 € Industry median: 63 715 €20232024 Company: 904 405 € Industry median: 60 216 €20242025 Company: 1 418 565 € Industry median: 63 691 €202505001 0001 5002019 Company: 11 500 € Industry median: 78 948 €20192020 Company: 18 723 € Industry median: 67 913 €2021 Company: 727 588 € Industry median: 71 656 €20212022 Company: 1 201 043 € Industry median: 75 397 €2023 Company: 936 061 € Industry median: 63 715 €20232024 Company: 904 405 € Industry median: 60 216 €2025 Company: 1 418 565 € Industry median: 63 691 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 135 206 € · +20.3% vs 2024 · industry median 127 € · above 91% of the industry
0501001502002502019 Company: 10 830 € Industry median: 1 086 €20192020 Company: 7 492 € Industry median: 906 €20202021 Company: 105 594 € Industry median: 1 415 €20212022 Company: 226 323 € Industry median: 889 €20222023 Company: 84 145 € Industry median: 370 €20232024 Company: 112 389 € Industry median: 134 €20242025 Company: 135 206 € Industry median: 127 €20250501001502002502019 Company: 10 830 € Industry median: 1 086 €20192020 Company: 7 492 € Industry median: 906 €2021 Company: 105 594 € Industry median: 1 415 €20212022 Company: 226 323 € Industry median: 889 €2023 Company: 84 145 € Industry median: 370 €20232024 Company: 112 389 € Industry median: 134 €2025 Company: 135 206 € Industry median: 127 €2025
  • 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: 9.5 % · −2.9 pp vs the year before · industry median 2.7 % · above 72% of the industry
0204060801002019 Company: 94.2 % Industry median: 3.7 %20192020 Company: 40.0 % Industry median: 4.2 %20202021 Company: 14.5 % Industry median: 4.9 %20212022 Company: 18.8 % Industry median: 4.2 %20222023 Company: 9.0 % Industry median: 3.5 %20232024 Company: 12.4 % Industry median: 2.9 %20242025 Company: 9.5 % Industry median: 2.7 %20250204060801002019 Company: 94.2 % Industry median: 3.7 %20192020 Company: 40.0 % Industry median: 4.2 %2021 Company: 14.5 % Industry median: 4.9 %20212022 Company: 18.8 % Industry median: 4.2 %2023 Company: 9.0 % Industry median: 3.5 %20232024 Company: 12.4 % Industry median: 2.9 %2025 Company: 9.5 % Industry median: 2.7 %2025
  • 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: 763 513 € · +11.3% vs 2024
02004006008002019 Company: 14 524 €20192020 Company: 21 670 €20202021 Company: 207 547 €20212022 Company: 477 958 €20222023 Company: 552 935 €20232024 Company: 686 019 €20242025 Company: 763 513 €202502004006008002019 Company: 14 524 €20192020 Company: 21 670 €2021 Company: 207 547 €20212022 Company: 477 958 €2023 Company: 552 935 €20232024 Company: 686 019 €2025 Company: 763 513 €2025
Equity, € thousand 2025: 684 478 € · +24.6% vs 2024
02004006008002019 Company: 13 330 €20192020 Company: 20 822 €20202021 Company: 126 416 €20212022 Company: 352 739 €20222023 Company: 436 884 €20232024 Company: 549 273 €20242025 Company: 684 478 €202502004006008002019 Company: 13 330 €20192020 Company: 20 822 €2021 Company: 126 416 €20212022 Company: 352 739 €2023 Company: 436 884 €20232024 Company: 549 273 €2025 Company: 684 478 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 45% of the industry
0.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 2 Industry median: 220232024 Company: 2 Industry median: 220242025 Company: 2 Industry median: 220250.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 2 Industry median: 220232024 Company: 2 Industry median: 22025 Company: 2 Industry median: 22025
  • 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 1 418 565 135 206 13 188 763 513 684 478 2
2024 904 405 112 389 11 767 686 019 549 273 2
2023 936 061 84 145 10 627 552 935 436 884 2
2022 1 201 043 226 323 10 778 477 958 352 739 2
2021 727 588 105 594 10 793 207 547 126 416 2
2020 18 723 7 492 848 21 670 20 822 1
2019 11 500 10 830 0 14 524 13 330 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
9.5 %
Net profit / revenue
Return on equity (ROE)
19.8 %
Net profit / equity
Return on assets (ROA)
17.7 %
Net profit / assets
Equity ratio
89.6 %
Equity / assets
Debt ratio
10.4 %
Liabilities / assets
Current ratio
9.63
Current assets / current liabilities
Revenue per employee
709 283 €
Revenue / average full-time employees
Labour cost per employee per month
550 €
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 17 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 13 Feb 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Oct 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 24 Aug 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 Oct 2020 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

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46191Activities of agents involved in non-specialised wholesale Main
Rulings
Number, date Title Deadline State Document
Ä 50107542 / 2
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50107542
22 Nov 2018
First entry In force
22 Nov 2018
PDF

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