Qvalitech Engineering OÜ

Active Registry code 14780763 OÜ Tallinn Registered 13 Aug 2019
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Qvalitech Engineering OÜ is a OÜ based in Tallinn, registry code 14780763, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €5 763 with employees.

Turnover
5 763 €
↓ 25.4% vs Q2 2026
State taxes
1 390 €
↑ 39.1% vs Q2 2026
Labour taxes
1 036 €
↑ 0.0% vs Q2 2026
Employees
—

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Turnover · Q3 2026 5 763 €
    industry median 19 089 € · companies in the industry: 7 346
  • Revenue · 2025 38 623 €
    industry median 14 306 € · companies in the industry: 13 342
  • Net profit margin · 2025 54.2 %
    industry median 15.1 % · companies in the industry: 8 946

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 5 763 € · −25.4% vs Q2 2026 · industry median 19 089 € · above 28% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 59 € Industry median: 20 651 €Q4·23Q1 2024 Company: 261 € Industry median: 20 684 €Q2 2024 Company: 713 € Industry median: 20 460 €Q2·24Q3 2024 Company: 3 046 € Industry median: 19 818 €Q4 2024 Company: 7 032 € Industry median: 20 478 €Q4·24Q1 2025 Company: 7 636 € Industry median: 20 692 €Q2 2025 Company: 15 146 € Industry median: 21 050 €Q2·25Q3 2025 Company: 7 978 € Industry median: 20 336 €Q4 2025 Company: 10 722 € Industry median: 21 190 €Q4·25Q1 2026 Company: 6 140 € Industry median: 20 657 €Q2 2026 Company: 7 730 € Industry median: 20 000 €Q2·26Q3 2026 Company: 5 763 € Industry median: 19 089 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 7 032 € Industry median: 20 478 €Q1 2025 Company: 7 636 € Industry median: 20 692 €Q1·25Q2 2025 Company: 15 146 € Industry median: 21 050 €Q3 2025 Company: 7 978 € Industry median: 20 336 €Q3·25Q4 2025 Company: 10 722 € Industry median: 21 190 €Q1 2026 Company: 6 140 € Industry median: 20 657 €Q1·26Q2 2026 Company: 7 730 € Industry median: 20 000 €Q3 2026 Company: 5 763 € Industry median: 19 089 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 1 390 € · +39.1% vs Q2 2026
05001 0001 500Q4 2023 Company: —Q4·23Q1 2024 Company: 0 €Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: 1 316 €Q4·24Q1 2025 Company: 1 438 €Q2 2025 Company: 1 499 €Q2·25Q3 2025 Company: 1 499 €Q4 2025 Company: 1 499 €Q4·25Q1 2026 Company: 1 478 €Q2 2026 Company: 999 €Q2·26Q3 2026 Company: 1 390 €Q3·2605001 0001 500Q4 2024 Company: 1 316 €Q1 2025 Company: 1 438 €Q1·25Q2 2025 Company: 1 499 €Q3 2025 Company: 1 499 €Q3·25Q4 2025 Company: 1 499 €Q1 2026 Company: 1 478 €Q1·26Q2 2026 Company: 999 €Q3 2026 Company: 1 390 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 5 763 1 390 1 036 —
Q2 2026 7 730 999 1 036 —
Q1 2026 6 140 1 478 1 554 —
Q4 2025 10 722 1 499 1 554 —
Q3 2025 7 978 1 499 1 554 —
Q2 2025 15 146 1 499 1 554 —
Q1 2025 7 636 1 438 1 491 —
Q4 2024 7 032 1 316 1 366 —
Q3 2024 3 046 — — —
Q2 2024 713 — — —
Q1 2024 261 — — —
Q4 2023 59 — — —
Q3 2023 49 — — —
Q2 2023 56 — — —
Q1 2023 94 — — —
Q4 2022 72 — — —
Q3 2022 103 — — —
Q2 2022 116 — — —
Q1 2022 175 — — —

Financials by year

2020 – 2025
Revenue, € 2025: 38 623 € · +204.9% vs 2024 · industry median 14 306 € · above 62% of the industry
010 00020 00030 00040 0002020 Company: 12 561 € Industry median: 11 075 €20202021 Company: 358 € Industry median: 13 105 €20212022 Company: 337 € Industry median: 15 000 €20222023 Company: 209 € Industry median: 15 500 €20232024 Company: 12 668 € Industry median: 13 774 €20242025 Company: 38 623 € Industry median: 14 306 €2025010 00020 00030 00040 0002020 Company: 12 561 € Industry median: 11 075 €2021 Company: 358 € Industry median: 13 105 €20212022 Company: 337 € Industry median: 15 000 €2023 Company: 209 € Industry median: 15 500 €20232024 Company: 12 668 € Industry median: 13 774 €2025 Company: 38 623 € Industry median: 14 306 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 20 920 € · +444.8% vs 2024 · industry median 105 € · above 79% of the industry
-5 00005 00010 00015 00020 00025 0002020 Company: 6 435 € Industry median: 616 €20202021 Company: -975 € Industry median: 829 €20212022 Company: -933 € Industry median: 299 €20222023 Company: -1 395 € Industry median: 382 €20232024 Company: 3 840 € Industry median: 249 €20242025 Company: 20 920 € Industry median: 105 €2025-5 00005 00010 00015 00020 00025 0002020 Company: 6 435 € Industry median: 616 €2021 Company: -975 € Industry median: 829 €20212022 Company: -933 € Industry median: 299 €2023 Company: -1 395 € Industry median: 382 €20232024 Company: 3 840 € Industry median: 249 €2025 Company: 20 920 € Industry median: 105 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 54.2 % · +23.9 pp vs the year before · industry median 15.1 % · above 76% of the industry
02040602020 Company: 51.2 % Industry median: 22.4 %20202021 Company: — Industry median: 23.7 %20212022 Company: — Industry median: 19.1 %20222023 Company: — Industry median: 17.7 %20232024 Company: 30.3 % Industry median: 16.2 %20242025 Company: 54.2 % Industry median: 15.1 %202502040602020 Company: 51.2 % Industry median: 22.4 %2021 Company: — Industry median: 23.7 %20212022 Company: — Industry median: 19.1 %2023 Company: — Industry median: 17.7 %20232024 Company: 30.3 % Industry median: 16.2 %2025 Company: 54.2 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 31 356 € · +202.3% vs 2024
010 00020 00030 00040 0002020 Company: 6 873 €20202021 Company: 5 898 €20212022 Company: 4 965 €20222023 Company: 3 575 €20232024 Company: 10 372 €20242025 Company: 31 356 €2025010 00020 00030 00040 0002020 Company: 6 873 €2021 Company: 5 898 €20212022 Company: 4 965 €2023 Company: 3 575 €20232024 Company: 10 372 €2025 Company: 31 356 €2025
Equity, € 2025: 30 393 € · +220.8% vs 2024
010 00020 00030 00040 0002020 Company: 6 435 €20202021 Company: 5 460 €20212022 Company: 4 528 €20222023 Company: 3 133 €20232024 Company: 9 473 €20242025 Company: 30 393 €2025010 00020 00030 00040 0002020 Company: 6 435 €2021 Company: 5 460 €20212022 Company: 4 528 €2023 Company: 3 133 €20232024 Company: 9 473 €2025 Company: 30 393 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02020 Company: 1 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02020 Company: 1 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related 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 38 623 20 920 14 615 31 356 30 393 1
2024 12 668 3 840 4 438 10 372 9 473 1
2023 209 -1 395 0 3 575 3 133 0
2022 337 -933 0 4 965 4 528 0
2021 358 -975 0 5 898 5 460 0
2020 12 561 6 435 3 000 6 873 6 435 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
54.2 %
Net profit / revenue
Return on equity (ROE)
68.8 %
Net profit / equity
Return on assets (ROA)
66.7 %
Net profit / assets
Equity ratio
96.9 %
Equity / assets
Debt ratio
3.1 %
Liabilities / assets
Current ratio
32.56
Current assets / current liabilities
Revenue per employee
38 623 €
Revenue / average full-time employees
Labour cost per employee per month
1 218 €
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 3 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Feb 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 11 Feb 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 8 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 3 Mar 2022 Company’s own e-Äriregister
2020 13 Aug 2019 – 31 Dec 2020 14 Jan 2021 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

  • Siarhei Haikou
    Member of a senior management body (management or supervisory board) · since 3 Mar 2022

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62101Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 50125749 / 8
2 Oct 2025
Amendment entry In force
2 Oct 2025
PDF
Ä 50125749 / 7
10 Jan 2024
Amendment entry In force
10 Jan 2024
PDF
Ä 50125749 / 6
27 Dec 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
27 Dec 2023
PDF
Ä 50125749 / 5
16 Nov 2023
Amendment entry In force
16 Nov 2023
PDF
Ä 50125749 / 4
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50125749 / 3
2 May 2023
Amendment entry In force
2 May 2023
PDF
Ä 50125749 / 2
14 Jan 2021
Amendment entry In force
14 Jan 2021
PDF
Ä 50125749
13 Aug 2019
First entry In force
13 Aug 2019
PDF

Sources: e-Äriregister and EMTA. Data updated 29 Oct 2026. Open at the source ↗ · Report an error in the data