Madyen OÜ

Active Registry code 14894998 OÜ Tallinn Registered 23 Jan 2020
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Madyen OÜ is a OÜ based in Tallinn, registry code 14894998, status: active. Main activity: Computer consultancy activities. According to EMTA, turnover for Q3 2026 was €260 916 with employees.

Turnover
260 916 €
↓ 36.4% vs Q2 2026
State taxes
—
Labour taxes
—
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 260 916 €
    industry median 19 078 € · companies in the industry: 7 345
  • Revenue · 2025 780 728 €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 7.0 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 260 916 € · −36.4% vs Q2 2026 · industry median 19 078 € · above 90% of the industry
0200400600800Q4 2023 Company: 292 104 € Industry median: 20 666 €Q4·23Q1 2024 Company: 222 050 € Industry median: 20 684 €Q2 2024 Company: 735 329 € Industry median: 20 460 €Q2·24Q3 2024 Company: 463 924 € Industry median: 19 818 €Q4 2024 Company: 310 754 € Industry median: 20 482 €Q4·24Q1 2025 Company: 383 084 € Industry median: 20 692 €Q2 2025 Company: 327 236 € Industry median: 21 060 €Q2·25Q3 2025 Company: 328 326 € Industry median: 20 327 €Q4 2025 Company: 415 069 € Industry median: 21 191 €Q4·25Q1 2026 Company: 370 268 € Industry median: 20 665 €Q2 2026 Company: 410 368 € Industry median: 20 000 €Q2·26Q3 2026 Company: 260 916 € Industry median: 19 078 €Q3·260100200300400500Q4 2024 Company: 310 754 € Industry median: 20 482 €Q1 2025 Company: 383 084 € Industry median: 20 692 €Q1·25Q2 2025 Company: 327 236 € Industry median: 21 060 €Q3 2025 Company: 328 326 € Industry median: 20 327 €Q3·25Q4 2025 Company: 415 069 € Industry median: 21 191 €Q1 2026 Company: 370 268 € Industry median: 20 665 €Q1·26Q2 2026 Company: 410 368 € Industry median: 20 000 €Q3 2026 Company: 260 916 € Industry median: 19 078 €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.

Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 260 916 — — —
Q2 2026 410 368 — — —
Q1 2026 370 268 — — —
Q4 2025 415 069 — — —
Q3 2025 328 326 — — —
Q2 2025 327 236 — — —
Q1 2025 383 084 — — —
Q4 2024 310 754 — — —
Q3 2024 463 924 — — —
Q2 2024 735 329 — — —
Q1 2024 222 050 — — —
Q4 2023 292 104 — — —
Q3 2023 356 135 — — —
Q2 2023 177 836 — — —
Q1 2023 219 823 — — —
Q4 2022 166 577 — — —
Q3 2022 123 499 — — —
Q2 2022 117 984 — — —
Q1 2022 89 300 — — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 780 728 € · −2.8% vs 2024 · industry median 14 309 € · above 98% of the industry
02004006008001 0002020 Company: 119 896 € Industry median: 11 075 €20202021 Company: 169 644 € Industry median: 13 105 €20212022 Company: 497 360 € Industry median: 15 007 €20222023 Company: 881 659 € Industry median: 15 500 €20232024 Company: 803 044 € Industry median: 13 785 €20242025 Company: 780 728 € Industry median: 14 309 €202502004006008001 0002020 Company: 119 896 € Industry median: 11 075 €2021 Company: 169 644 € Industry median: 13 105 €20212022 Company: 497 360 € Industry median: 15 007 €2023 Company: 881 659 € Industry median: 15 500 €20232024 Company: 803 044 € Industry median: 13 785 €2025 Company: 780 728 € Industry median: 14 309 €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, € thousand 2025: 54 755 € · +129.3% vs 2024 · industry median 106 € · above 89% of the industry
-20002004002020 Company: 163 € Industry median: 617 €20202021 Company: 31 249 € Industry median: 829 €20212022 Company: -39 725 € Industry median: 300 €20222023 Company: 376 802 € Industry median: 383 €20232024 Company: -187 149 € Industry median: 249 €20242025 Company: 54 755 € Industry median: 106 €2025-20002004002020 Company: 163 € Industry median: 617 €2021 Company: 31 249 € Industry median: 829 €20212022 Company: -39 725 € Industry median: 300 €2023 Company: 376 802 € Industry median: 383 €20232024 Company: -187 149 € Industry median: 249 €2025 Company: 54 755 € Industry median: 106 €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: 7.0 % · +30.3 pp vs the year before · industry median 15.1 % · above 41% of the industry
-40-2002040602020 Company: 0.1 % Industry median: 22.4 %20202021 Company: 18.4 % Industry median: 23.6 %20212022 Company: -8.0 % Industry median: 19.1 %20222023 Company: 42.7 % Industry median: 17.8 %20232024 Company: -23.3 % Industry median: 16.3 %20242025 Company: 7.0 % Industry median: 15.1 %2025-40-2002040602020 Company: 0.1 % Industry median: 22.4 %2021 Company: 18.4 % Industry median: 23.6 %20212022 Company: -8.0 % Industry median: 19.1 %2023 Company: 42.7 % Industry median: 17.8 %20232024 Company: -23.3 % Industry median: 16.3 %2025 Company: 7.0 % 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, € thousand 2025: 277 895 € · +38.0% vs 2024
01002003004002020 Company: 163 €20202021 Company: 41 563 €20212022 Company: 1 848 €20222023 Company: 388 508 €20232024 Company: 201 410 €20242025 Company: 277 895 €202501002003004002020 Company: 163 €2021 Company: 41 563 €20212022 Company: 1 848 €2023 Company: 388 508 €20232024 Company: 201 410 €2025 Company: 277 895 €2025
Equity, € thousand 2025: 236 094 € · +30.2% vs 2024
-10001002003004002020 Company: 163 €20202021 Company: 31 412 €20212022 Company: -8 313 €20222023 Company: 368 489 €20232024 Company: 181 340 €20242025 Company: 236 094 €2025-10001002003004002020 Company: 163 €2021 Company: 31 412 €20212022 Company: -8 313 €2023 Company: 368 489 €20232024 Company: 181 340 €2025 Company: 236 094 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 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 780 728 54 755 0 277 895 236 094 0
2024 803 044 -187 149 0 201 410 181 340 0
2023 881 659 376 802 0 388 508 368 489 0
2022 497 360 -39 725 0 1 848 -8 313 0
2021 169 644 31 249 0 41 563 31 412 0
2020 119 896 163 — 163 163 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
7.0 %
Net profit / revenue
Return on equity (ROE)
23.2 %
Net profit / equity
Return on assets (ROA)
19.7 %
Net profit / assets
Equity ratio
85.0 %
Equity / assets
Debt ratio
15.0 %
Liabilities / assets
Current ratio
6.65
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 9 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 26 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 2 Aug 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 7 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 6 Aug 2022 Company’s own e-Äriregister
2020 23 Jan 2020 – 31 Dec 2020 26 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

  • Adel Ghouma
    Direct ownership · POL · since 25 Jun 2021
  • Adel Ghouma
    Member of a senior management body (management or supervisory board) · POL · since 23 Jan 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62201Computer consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 50137704 / M2
15 Jul 2024
Warning of deletion from the register: annual report not filed 18 Oct 2024 Deficiencies eliminated
3 Aug 2024
PDF
Ä 50137704 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50137704
23 Jan 2020
First entry In force
23 Jan 2020
PDF
Ä 50137704 / M1
20 Jan 2020
Ruling to eliminate deficiencies 27 Jan 2020 Deficiencies eliminated
20 Jan 2020
PDF

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