BaltDev Grupp OÜ

Active Registry code 14824532 OÜ Tallinn Registered 10 Oct 2019
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BaltDev Grupp OÜ is a OÜ based in Tallinn, registry code 14824532, status: active. Main activity: Wholesale of electrical material and their requisites and electrical machines, including cables. According to EMTA, turnover for Q3 2026 was €143 758 with employees.

Turnover
143 758 €
↑ 50.3% vs Q2 2026
State taxes
0 €
Labour taxes
0 €
Employees
—

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 143 758 €
    industry median 60 065 € · companies in the industry: 6 941
  • Revenue · 2025 131 684 €
    industry median 63 691 € · companies in the industry: 10 038
  • Net profit margin · 2025 2.2 %
    industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 143 758 € · +50.3% vs Q2 2026 · industry median 60 065 € · above 64% of the industry
050100150Q4 2023 Company: 688 € Industry median: 69 842 €Q4·23Q1 2024 Company: 1 120 € Industry median: 60 423 €Q2 2024 Company: 1 230 € Industry median: 66 207 €Q2·24Q3 2024 Company: 18 892 € Industry median: 63 101 €Q4 2024 Company: 59 895 € Industry median: 65 867 €Q4·24Q1 2025 Company: 22 216 € Industry median: 59 713 €Q2 2025 Company: 55 594 € Industry median: 61 800 €Q2·25Q3 2025 Company: 52 017 € Industry median: 59 911 €Q4 2025 Company: 77 545 € Industry median: 59 583 €Q4·25Q1 2026 Company: 78 144 € Industry median: 53 954 €Q2 2026 Company: 95 635 € Industry median: 61 600 €Q2·26Q3 2026 Company: 143 758 € Industry median: 60 065 €Q3·26050100150Q4 2024 Company: 59 895 € Industry median: 65 867 €Q1 2025 Company: 22 216 € Industry median: 59 713 €Q1·25Q2 2025 Company: 55 594 € Industry median: 61 800 €Q3 2025 Company: 52 017 € Industry median: 59 911 €Q3·25Q4 2025 Company: 77 545 € Industry median: 59 583 €Q1 2026 Company: 78 144 € Industry median: 53 954 €Q1·26Q2 2026 Company: 95 635 € Industry median: 61 600 €Q3 2026 Company: 143 758 € 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.

State taxes, € Q3 2026: 0 €
050100150200250Q4 2023 Company: 42 €Q4·23Q1 2024 Company: 154 €Q2 2024 Company: 219 €Q2·24Q3 2024 Company: —Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260.00.00.00.00.00.0Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 143 758 — — —
Q2 2026 95 635 — — —
Q1 2026 78 144 — — —
Q4 2025 77 545 — — —
Q3 2025 52 017 — — —
Q2 2025 55 594 — — —
Q1 2025 22 216 — — —
Q4 2024 59 895 — — —
Q3 2024 18 892 — — —
Q2 2024 1 230 219 — —
Q1 2024 1 120 154 — —
Q4 2023 688 42 — —
Q3 2023 145 20 — —
Q2 2023 927 53 — —
Q1 2023 490 22 — —
Q4 2022 297 59 — —
Q3 2022 6 384 250 — —
Q2 2022 15 963 — — —
Q1 2022 10 085 1 272 — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 131 684 € · +462.1% vs 2024 · industry median 63 691 € · above 58% of the industry
0501001502020 Company: 79 € Industry median: 67 913 €20202021 Company: 28 924 € Industry median: 71 656 €20212022 Company: 18 610 € Industry median: 75 397 €20222023 Company: 2 460 € Industry median: 63 715 €20232024 Company: 23 427 € Industry median: 60 216 €20242025 Company: 131 684 € Industry median: 63 691 €20250501001502020 Company: 79 € Industry median: 67 913 €2021 Company: 28 924 € Industry median: 71 656 €20212022 Company: 18 610 € Industry median: 75 397 €2023 Company: 2 460 € Industry median: 63 715 €20232024 Company: 23 427 € Industry median: 60 216 €2025 Company: 131 684 € 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, € 2025: 2 843 € · +162.8% vs 2024 · industry median 127 € · above 61% of the industry
-5 000-2 50002 5005 0007 5002020 Company: -668 € Industry median: 906 €20202021 Company: 6 159 € Industry median: 1 415 €20212022 Company: -2 358 € Industry median: 889 €20222023 Company: 1 230 € Industry median: 370 €20232024 Company: -4 526 € Industry median: 134 €20242025 Company: 2 843 € Industry median: 127 €2025-5 000-2 50002 5005 0007 5002020 Company: -668 € Industry median: 906 €2021 Company: 6 159 € Industry median: 1 415 €20212022 Company: -2 358 € Industry median: 889 €2023 Company: 1 230 € Industry median: 370 €20232024 Company: -4 526 € Industry median: 134 €2025 Company: 2 843 € 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: 2.2 % · +21.5 pp vs the year before · industry median 2.7 % · above 47% of the industry
-2002040602020 Company: — Industry median: 4.2 %20202021 Company: 21.3 % Industry median: 4.9 %20212022 Company: -12.7 % Industry median: 4.2 %20222023 Company: 50.0 % Industry median: 3.5 %20232024 Company: -19.3 % Industry median: 2.9 %20242025 Company: 2.2 % Industry median: 2.7 %2025-2002040602020 Company: — Industry median: 4.2 %2021 Company: 21.3 % Industry median: 4.9 %20212022 Company: -12.7 % Industry median: 4.2 %2023 Company: 50.0 % Industry median: 3.5 %20232024 Company: -19.3 % Industry median: 2.9 %2025 Company: 2.2 % 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, € 2025: 31 401 € · +10.1% vs 2024
010 00020 00030 00040 0002020 Company: 17 690 €20202021 Company: 38 278 €20212022 Company: 29 981 €20222023 Company: 28 075 €20232024 Company: 28 533 €20242025 Company: 31 401 €2025010 00020 00030 00040 0002020 Company: 17 690 €2021 Company: 38 278 €20212022 Company: 29 981 €2023 Company: 28 075 €20232024 Company: 28 533 €2025 Company: 31 401 €2025
Equity, € 2025: 5 180 € · +121.7% vs 2024
02 0004 0006 0008 0002020 Company: 1 832 €20202021 Company: 7 990 €20212022 Company: 5 632 €20222023 Company: 6 862 €20232024 Company: 2 336 €20242025 Company: 5 180 €202502 0004 0006 0008 0002020 Company: 1 832 €2021 Company: 7 990 €20212022 Company: 5 632 €2023 Company: 6 862 €20232024 Company: 2 336 €2025 Company: 5 180 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 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 131 684 2 843 0 31 401 5 180 0
2024 23 427 -4 526 0 28 533 2 336 0
2023 2 460 1 230 0 28 075 6 862 0
2022 18 610 -2 358 0 29 981 5 632 0
2021 28 924 6 159 0 38 278 7 990 0
2020 79 -668 0 17 690 1 832 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
2.2 %
Net profit / revenue
Return on equity (ROE)
54.9 %
Net profit / equity
Return on assets (ROA)
9.1 %
Net profit / assets
Equity ratio
16.5 %
Equity / assets
Debt ratio
83.5 %
Liabilities / assets
Current ratio
1.20
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 10 Oct 2019 – 31 Dec 2020 30 Jun 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

Founders and other persons

Activities (EMTAK)

  • 46643Wholesale of electrical material and their requisites and electrical machines, including cables Main
Rulings
Number, date Title Deadline State Document
Ä 50130423 / 8
4 Mar 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
4 Mar 2025
PDF
Ä 50130423 / 7
17 Oct 2024
Amendment entry In force
17 Oct 2024
PDF
Ä 50130423 / M2
23 Sep 2024
Ruling to eliminate deficiencies 13 Oct 2024 Deficiencies eliminated
17 Oct 2024
PDF
Ä 50130423 / 6
27 Jun 2024
Amendment entry In force
27 Jun 2024
PDF
Ä 50130423 / M1
18 Jun 2024
Ruling to eliminate deficiencies 3 Jul 2024 Deficiencies eliminated
19 Jun 2024
PDF
Ä 50130423 / 5
10 Jun 2024
Amendment entry In force
10 Jun 2024
PDF
Ä 50130423 / 4
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50130423 / 3
21 Jul 2020
Amendment under Commercial Code § 525 (2) In force
21 Jul 2020
PDF
Ä 50130423 / 2
12 Mar 2020
Amendment entry In force
12 Mar 2020
PDF
Ä 50130423
10 Oct 2019
First entry In force
10 Oct 2019
PDF

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