Balmerk Distribution OÜ

Active Registry code 14635895 OÜ Tallinn Registered 7 Jan 2019
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Balmerk Distribution OÜ is a OÜ based in Tallinn, registry code 14635895, status: active. Main activity: Activities of holding companies. According to EMTA, turnover for Q3 2026 was €848 051 with 11 employees.

Turnover
848 051 €
↑ 139.0% vs Q2 2026
State taxes
133 829 €
↓ 18.3% vs Q2 2026
Labour taxes
119 364 €
↓ 30.1% vs Q2 2026
Employees
11
±0 vs Q2 2026

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

Position in the industry Financial service activities, except insurance and pension funding · EMTAK 64

  • Turnover · Q3 2026 848 051 €
    industry median 13 555 € · companies in the industry: 547
  • Labour taxes per employee 10 851 €
    industry median 2 214 € · companies in the industry: 443
  • Revenue · 2025 2 mn €
    industry median 0 € · companies in the industry: 3 672
  • Net profit margin · 2025 -19.5 %
    industry median 34.4 % · companies in the industry: 770

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 848 051 € · +139.0% vs Q2 2026 · industry median 13 555 € · above 93% of the industry
02004006008001 000Q4 2023 Company: 373 658 € Industry median: 14 078 €Q4·23Q1 2024 Company: 822 803 € Industry median: 17 274 €Q2 2024 Company: 351 410 € Industry median: 13 884 €Q2·24Q3 2024 Company: 609 598 € Industry median: 13 160 €Q4 2024 Company: 366 175 € Industry median: 15 008 €Q4·24Q1 2025 Company: 750 960 € Industry median: 16 276 €Q2 2025 Company: 366 739 € Industry median: 16 066 €Q2·25Q3 2025 Company: 633 438 € Industry median: 12 383 €Q4 2025 Company: 430 712 € Industry median: 15 000 €Q4·25Q1 2026 Company: 956 713 € Industry median: 16 305 €Q2 2026 Company: 354 848 € Industry median: 14 161 €Q2·26Q3 2026 Company: 848 051 € Industry median: 13 555 €Q3·2602004006008001 000Q4 2024 Company: 366 175 € Industry median: 15 008 €Q1 2025 Company: 750 960 € Industry median: 16 276 €Q1·25Q2 2025 Company: 366 739 € Industry median: 16 066 €Q3 2025 Company: 633 438 € Industry median: 12 383 €Q3·25Q4 2025 Company: 430 712 € Industry median: 15 000 €Q1 2026 Company: 956 713 € Industry median: 16 305 €Q1·26Q2 2026 Company: 354 848 € Industry median: 14 161 €Q3 2026 Company: 848 051 € Industry median: 13 555 €Q3·26
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 10 851 € · −30.1% vs Q2 2026 · industry median 2 214 € · above 91% of the industry
05 00010 00015 00020 000Q4 2023 Company: 9 735 € Industry median: 2 331 €Q4·23Q1 2024 Company: 9 996 € Industry median: 2 206 €Q2 2024 Company: 15 208 € Industry median: 2 448 €Q2·24Q3 2024 Company: 9 971 € Industry median: 2 272 €Q4 2024 Company: 9 883 € Industry median: 2 438 €Q4·24Q1 2025 Company: 7 922 € Industry median: 2 659 €Q2 2025 Company: 13 705 € Industry median: 2 225 €Q2·25Q3 2025 Company: 10 240 € Industry median: 2 338 €Q4 2025 Company: 9 275 € Industry median: 2 418 €Q4·25Q1 2026 Company: 10 726 € Industry median: 2 338 €Q2 2026 Company: 15 523 € Industry median: 2 196 €Q2·26Q3 2026 Company: 10 851 € Industry median: 2 214 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 9 883 € Industry median: 2 438 €Q1 2025 Company: 7 922 € Industry median: 2 659 €Q1·25Q2 2025 Company: 13 705 € Industry median: 2 225 €Q3 2025 Company: 10 240 € Industry median: 2 338 €Q3·25Q4 2025 Company: 9 275 € Industry median: 2 418 €Q1 2026 Company: 10 726 € Industry median: 2 338 €Q1·26Q2 2026 Company: 15 523 € Industry median: 2 196 €Q3 2026 Company: 10 851 € Industry median: 2 214 €Q3·26
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 11 · +0.0% vs Q2 2026
03581013Q4 2023 Company: 6Q4·23Q1 2024 Company: 6Q2 2024 Company: 6Q2·24Q3 2024 Company: 6Q4 2024 Company: 6Q4·24Q1 2025 Company: 9Q2 2025 Company: 9Q2·25Q3 2025 Company: 10Q4 2025 Company: 11Q4·25Q1 2026 Company: 11Q2 2026 Company: 11Q2·26Q3 2026 Company: 11Q3·2603581013Q4 2024 Company: 6Q1 2025 Company: 9Q1·25Q2 2025 Company: 9Q3 2025 Company: 10Q3·25Q4 2025 Company: 11Q1 2026 Company: 11Q1·26Q2 2026 Company: 11Q3 2026 Company: 11Q3·26
State taxes, € thousand Q3 2026: 133 829 € · −18.3% vs Q2 2026
050100150200Q4 2023 Company: 65 030 €Q4·23Q1 2024 Company: 60 385 €Q2 2024 Company: 105 413 €Q2·24Q3 2024 Company: 66 848 €Q4 2024 Company: 73 983 €Q4·24Q1 2025 Company: 71 178 €Q2 2025 Company: 114 715 €Q2·25Q3 2025 Company: 114 784 €Q4 2025 Company: 105 367 €Q4·25Q1 2026 Company: 114 727 €Q2 2026 Company: 163 746 €Q2·26Q3 2026 Company: 133 829 €Q3·26050100150200Q4 2024 Company: 73 983 €Q1 2025 Company: 71 178 €Q1·25Q2 2025 Company: 114 715 €Q3 2025 Company: 114 784 €Q3·25Q4 2025 Company: 105 367 €Q1 2026 Company: 114 727 €Q1·26Q2 2026 Company: 163 746 €Q3 2026 Company: 133 829 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 848 051 133 829 119 364 11
Q2 2026 354 848 163 746 170 758 11
Q1 2026 956 713 114 727 117 981 11
Q4 2025 430 712 105 367 102 022 11
Q3 2025 633 438 114 784 102 403 10
Q2 2025 366 739 114 715 123 345 9
Q1 2025 750 960 71 178 71 295 9
Q4 2024 366 175 73 983 59 295 6
Q3 2024 609 598 66 848 59 825 6
Q2 2024 351 410 105 413 91 248 6
Q1 2024 822 803 60 385 59 978 6
Q4 2023 373 658 65 030 58 411 6
Q3 2023 603 049 64 447 60 141 6
Q2 2023 313 593 85 679 78 062 6
Q1 2023 724 321 57 872 55 888 6
Q4 2022 312 010 64 068 56 030 7
Q3 2022 591 927 63 687 60 853 6
Q2 2022 372 139 56 436 51 112 7
Q1 2022 596 543 73 339 72 794 6
Labour taxes per employee per month
3 617 €
Turnover per employee in the quarter
77 096 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 2 041 730 € · +24.5% vs 2024 · industry median 0 € · above 98% of the industry
05001 0001 5002 0002 5002019 Company: 168 420 € Industry median: 0 €20192020 Company: 742 558 € Industry median: 0 €20202021 Company: 942 206 € Industry median: 0 €20212022 Company: 1 562 223 € Industry median: 0 €20222023 Company: 1 623 197 € Industry median: 0 €20232024 Company: 1 640 355 € Industry median: 0 €20242025 Company: 2 041 730 € Industry median: 0 €202505001 0001 5002 0002 5002019 Company: 168 420 € Industry median: 0 €20192020 Company: 742 558 € Industry median: 0 €2021 Company: 942 206 € Industry median: 0 €20212022 Company: 1 562 223 € Industry median: 0 €2023 Company: 1 623 197 € Industry median: 0 €20232024 Company: 1 640 355 € Industry median: 0 €2025 Company: 2 041 730 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -397 481 € · −119.5% vs 2024 · industry median 0 € · above 2% of the industry
-50005001 0001 5002 0002 5002019 Company: 137 249 € Industry median: 0 €20192020 Company: 169 774 € Industry median: 0 €20202021 Company: 614 087 € Industry median: 0 €20212022 Company: 1 246 714 € Industry median: 0 €20222023 Company: 859 992 € Industry median: 0 €20232024 Company: 2 035 912 € Industry median: 0 €20242025 Company: -397 481 € Industry median: 0 €2025-50005001 0001 5002 0002 5002019 Company: 137 249 € Industry median: 0 €20192020 Company: 169 774 € Industry median: 0 €2021 Company: 614 087 € Industry median: 0 €20212022 Company: 1 246 714 € Industry median: 0 €2023 Company: 859 992 € Industry median: 0 €20232024 Company: 2 035 912 € Industry median: 0 €2025 Company: -397 481 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -19.5 % · −143.6 pp vs the year before · industry median 34.4 % · above 18% of the industry
-500501001502019 Company: 81.5 % Industry median: 39.3 %20192020 Company: 22.9 % Industry median: 42.1 %20202021 Company: 65.2 % Industry median: 45.0 %20212022 Company: 79.8 % Industry median: 26.3 %20222023 Company: 53.0 % Industry median: 41.1 %20232024 Company: 124.1 % Industry median: 35.8 %20242025 Company: -19.5 % Industry median: 34.4 %2025-500501001502019 Company: 81.5 % Industry median: 39.3 %20192020 Company: 22.9 % Industry median: 42.1 %2021 Company: 65.2 % Industry median: 45.0 %20212022 Company: 79.8 % Industry median: 26.3 %2023 Company: 53.0 % Industry median: 41.1 %20232024 Company: 124.1 % Industry median: 35.8 %2025 Company: -19.5 % Industry median: 34.4 %2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 4 118 551 € · +16.1% vs 2024
01 0002 0003 0004 0005 0002019 Company: 173 024 €20192020 Company: 2 423 122 €20202021 Company: 2 600 974 €20212022 Company: 2 706 514 €20222023 Company: 3 396 387 €20232024 Company: 3 548 392 €20242025 Company: 4 118 551 €202501 0002 0003 0004 0005 0002019 Company: 173 024 €20192020 Company: 2 423 122 €2021 Company: 2 600 974 €20212022 Company: 2 706 514 €2023 Company: 3 396 387 €20232024 Company: 3 548 392 €2025 Company: 4 118 551 €2025
Equity, € thousand 2025: 397 947 € · −85.8% vs 2024
01 0002 0003 0002019 Company: 139 749 €20192020 Company: 2 248 723 €20202021 Company: 2 162 810 €20212022 Company: 2 309 524 €20222023 Company: 2 809 516 €20232024 Company: 2 795 428 €20242025 Company: 397 947 €202501 0002 0003 0002019 Company: 139 749 €20192020 Company: 2 248 723 €2021 Company: 2 162 810 €20212022 Company: 2 309 524 €2023 Company: 2 809 516 €20232024 Company: 2 795 428 €2025 Company: 397 947 €2025
Employees 2025: 9 · +50.0% vs 2024 · industry median 1 · above 90% of the industry
02468102019 Company: 1 Industry median: 120192020 Company: 3 Industry median: 120202021 Company: 5 Industry median: 120212022 Company: 7 Industry median: 120222023 Company: 6 Industry median: 120232024 Company: 6 Industry median: 120242025 Company: 9 Industry median: 1202502468102019 Company: 1 Industry median: 120192020 Company: 3 Industry median: 12021 Company: 5 Industry median: 120212022 Company: 7 Industry median: 12023 Company: 6 Industry median: 120232024 Company: 6 Industry median: 12025 Company: 9 Industry median: 12025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (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 2 041 730 -397 481 1 048 934 4 118 551 397 947 9
2024 1 640 355 2 035 912 651 680 3 548 392 2 795 428 6
2023 1 623 197 859 992 625 339 3 396 387 2 809 516 6
2022 1 562 223 1 246 714 569 016 2 706 514 2 309 524 7
2021 942 206 614 087 410 327 2 600 974 2 162 810 5
2020 742 558 169 774 269 289 2 423 122 2 248 723 3
2019 168 420 137 249 0 173 024 139 749 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
-19.5 %
Net profit / revenue
Return on equity (ROE)
-99.9 %
Net profit / equity
Return on assets (ROA)
-9.7 %
Net profit / assets
Equity ratio
9.7 %
Equity / assets
Debt ratio
90.3 %
Liabilities / assets
Current ratio
0.74
Current assets / current liabilities
Revenue per employee
226 859 €
Revenue / average full-time employees
Labour cost per employee per month
9 712 €
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 12 May 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Apr 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 2 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 10 May 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 25 Apr 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 27 Apr 2021 Company’s own · audited e-Äriregister
2019 7 Jan 2019 – 31 Dec 2019 29 Apr 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

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 64211Activities of holding companies Main
Rulings
Number, date Title Deadline State Document
Ä 50110163 / 9
8 Apr 2026
Amendment entry In force
8 Apr 2026
PDF
Ä 50110163 / 8
9 Jan 2025
Amendment entry In force
9 Jan 2025
PDF
Ä 50110163 / 7
16 Oct 2024
Amendment entry In force
16 Oct 2024
PDF
Ä 50110163 / 6
21 Feb 2024
Amendment entry In force
21 Feb 2024
PDF
Ä 50110163 / 5
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50110163 / 4
14 Jun 2023
Amendment entry In force
14 Jun 2023
PDF
Ä 50110163 / 3
24 Jul 2020
Amendment entry In force
24 Jul 2020
PDF
Ä 50110163 / 2
20 Jan 2020
Amendment entry In force
20 Jan 2020
PDF
Ä 50110163
7 Jan 2019
First entry In force
7 Jan 2019
PDF

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