Changemakers OÜ

Active Registry code 16030954 OÜ Tallinn Registered 17 Aug 2020
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Changemakers OÜ is a OÜ based in Tallinn, registry code 16030954, status: active. Main activity: Other education n.e.c.. According to EMTA, turnover for Q3 2026 was €18 260 with 1 employees.

Turnover
18 260 €
↑ 74.5% vs Q2 2026
State taxes
3 573 €
↑ 235.2% vs Q2 2026
Labour taxes
1 071 €
Employees
1

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

Position in the industry Education · EMTAK 85

  • Turnover · Q3 2026 18 260 €
    industry median 8 170 € · companies in the industry: 1 274
  • Labour taxes per employee 1 071 €
    industry median 1 198 € · companies in the industry: 2 039
  • Revenue · 2025 65 123 €
    industry median 2 265 € · companies in the industry: 7 180
  • Net profit margin · 2025 76.2 %
    industry median 6.7 % · companies in the industry: 5 232

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 18 260 € · +74.5% vs Q2 2026 · industry median 8 170 € · above 69% of the industry
05 00010 00015 00020 000Q4 2023 Company: 777 € Industry median: 12 167 €Q4·23Q1 2024 Company: 267 € Industry median: 11 214 €Q2 2024 Company: 21 € Industry median: 10 708 €Q2·24Q3 2024 Company: 0 € Industry median: 7 966 €Q4 2024 Company: 1 645 € Industry median: 11 391 €Q4·24Q1 2025 Company: 4 700 € Industry median: 10 724 €Q2 2025 Company: 12 318 € Industry median: 11 590 €Q2·25Q3 2025 Company: 14 592 € Industry median: 9 084 €Q4 2025 Company: 13 805 € Industry median: 10 603 €Q4·25Q1 2026 Company: 15 088 € Industry median: 10 589 €Q2 2026 Company: 10 462 € Industry median: 11 116 €Q2·26Q3 2026 Company: 18 260 € Industry median: 8 170 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 1 645 € Industry median: 11 391 €Q1 2025 Company: 4 700 € Industry median: 10 724 €Q1·25Q2 2025 Company: 12 318 € Industry median: 11 590 €Q3 2025 Company: 14 592 € Industry median: 9 084 €Q3·25Q4 2025 Company: 13 805 € Industry median: 10 603 €Q1 2026 Company: 15 088 € Industry median: 10 589 €Q1·26Q2 2026 Company: 10 462 € Industry median: 11 116 €Q3 2026 Company: 18 260 € Industry median: 8 170 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 1 071 € · industry median 1 198 € · above 43% of the industry
05001 0001 500Q4 2023 Company: — Industry median: 1 011 €Q4·23Q1 2024 Company: — Industry median: 1 061 €Q2 2024 Company: — Industry median: 1 198 €Q2·24Q3 2024 Company: — Industry median: 1 056 €Q4 2024 Company: 1 303 € Industry median: 1 051 €Q4·24Q1 2025 Company: — Industry median: 1 132 €Q2 2025 Company: — Industry median: 1 260 €Q2·25Q3 2025 Company: 0 € Industry median: 1 134 €Q4 2025 Company: 0 € Industry median: 1 126 €Q4·25Q1 2026 Company: — Industry median: 1 116 €Q2 2026 Company: — Industry median: 1 179 €Q2·26Q3 2026 Company: 1 071 € Industry median: 1 198 €Q3·2605001 0001 500Q4 2024 Company: 1 303 € Industry median: 1 051 €Q1 2025 Company: — Industry median: 1 132 €Q1·25Q2 2025 Company: — Industry median: 1 260 €Q3 2025 Company: 0 € Industry median: 1 134 €Q3·25Q4 2025 Company: 0 € Industry median: 1 126 €Q1 2026 Company: — Industry median: 1 116 €Q1·26Q2 2026 Company: — Industry median: 1 179 €Q3 2026 Company: 1 071 € Industry median: 1 198 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 1
0.00.20.40.60.81.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 3 573 € · +235.2% vs Q2 2026
01 0002 0003 0004 000Q4 2023 Company: 114 €Q4·23Q1 2024 Company: 23 €Q2 2024 Company: 1 €Q2·24Q3 2024 Company: —Q4 2024 Company: 1 530 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 1 345 €Q2·25Q3 2025 Company: 1 939 €Q4 2025 Company: 1 159 €Q4·25Q1 2026 Company: 1 469 €Q2 2026 Company: 1 066 €Q2·26Q3 2026 Company: 3 573 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 1 530 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 1 345 €Q3 2025 Company: 1 939 €Q3·25Q4 2025 Company: 1 159 €Q1 2026 Company: 1 469 €Q1·26Q2 2026 Company: 1 066 €Q3 2026 Company: 3 573 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 18 260 3 573 1 071 1
Q2 2026 10 462 1 066 — —
Q1 2026 15 088 1 469 — —
Q4 2025 13 805 1 159 — 1
Q3 2025 14 592 1 939 — 1
Q2 2025 12 318 1 345 — —
Q1 2025 4 700 — — —
Q4 2024 1 645 1 530 1 303 1
Q3 2024 — — — 1
Q2 2024 21 1 — —
Q1 2024 267 23 — —
Q4 2023 777 114 — —
Q3 2023 257 28 — —
Labour taxes per employee per month
357 €
Turnover per employee in the quarter
18 260 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € 2025: 65 123 € · +1 570.7% vs 2024 · industry median 2 265 € · above 93% of the industry
020 00040 00060 00080 0002021 Company: 9 489 € Industry median: 1 251 €20212022 Company: 4 056 € Industry median: 1 727 €20222023 Company: 4 680 € Industry median: 1 800 €20232024 Company: 3 898 € Industry median: 2 003 €20242025 Company: 65 123 € Industry median: 2 265 €2025020 00040 00060 00080 0002021 Company: 9 489 € Industry median: 1 251 €20212022 Company: 4 056 € Industry median: 1 727 €2023 Company: 4 680 € Industry median: 1 800 €20232024 Company: 3 898 € Industry median: 2 003 €2025 Company: 65 123 € Industry median: 2 265 €2025
  • Company
  • Industry median

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

Net profit, € 2025: 49 603 € · +1 837.4% vs 2024 · industry median 136 € · above 98% of the industry
-20 000020 00040 00060 0002021 Company: 7 068 € Industry median: 207 €20212022 Company: -3 199 € Industry median: 93 €20222023 Company: 3 909 € Industry median: 179 €20232024 Company: -2 855 € Industry median: 102 €20242025 Company: 49 603 € Industry median: 136 €2025-20 000020 00040 00060 0002021 Company: 7 068 € Industry median: 207 €20212022 Company: -3 199 € Industry median: 93 €2023 Company: 3 909 € Industry median: 179 €20232024 Company: -2 855 € Industry median: 102 €2025 Company: 49 603 € Industry median: 136 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 76.2 % · +149.4 pp vs the year before · industry median 6.7 % · above 92% of the industry
-100-500501002021 Company: 74.5 % Industry median: 9.8 %20212022 Company: -78.9 % Industry median: 6.8 %20222023 Company: 83.5 % Industry median: 7.5 %20232024 Company: -73.2 % Industry median: 7.1 %20242025 Company: 76.2 % Industry median: 6.7 %2025-100-500501002021 Company: 74.5 % Industry median: 9.8 %20212022 Company: -78.9 % Industry median: 6.8 %2023 Company: 83.5 % Industry median: 7.5 %20232024 Company: -73.2 % Industry median: 7.1 %2025 Company: 76.2 % Industry median: 6.7 %2025
  • Company
  • Industry median

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

Assets, € 2025: 80 918 € · +742.0% vs 2024
020 00040 00060 00080 000100 0002021 Company: 9 597 €20212022 Company: 7 284 €20222023 Company: 10 292 €20232024 Company: 9 610 €20242025 Company: 80 918 €2025020 00040 00060 00080 000100 0002021 Company: 9 597 €20212022 Company: 7 284 €2023 Company: 10 292 €20232024 Company: 9 610 €2025 Company: 80 918 €2025
Equity, € 2025: 57 009 € · +669.8% vs 2024
020 00040 00060 0002021 Company: 9 568 €20212022 Company: 6 369 €20222023 Company: 10 277 €20232024 Company: 7 406 €20242025 Company: 57 009 €2025020 00040 00060 0002021 Company: 9 568 €20212022 Company: 6 369 €2023 Company: 10 277 €20232024 Company: 7 406 €2025 Company: 57 009 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02021 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: Education (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 65 123 49 603 0 80 918 57 009 0
2024 3 898 -2 855 1 303 9 610 7 406 0
2023 4 680 3 909 — 10 292 10 277 0
2022 4 056 -3 199 — 7 284 6 369 0
2021 9 489 7 068 — 9 597 9 568 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
76.2 %
Net profit / revenue
Return on equity (ROE)
87.0 %
Net profit / equity
Return on assets (ROA)
61.3 %
Net profit / assets
Equity ratio
70.5 %
Equity / assets
Debt ratio
29.5 %
Liabilities / assets
Current ratio
4.61
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 19 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 11 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 4 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 14 Apr 2023 Company’s own e-Äriregister
2021 17 Aug 2020 – 31 Dec 2021 26 Apr 2022 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

  • Erkki Kubber
    Member of a senior management body (management or supervisory board) · since 17 Aug 2020
  • Merili Ginter
    Member of a senior management body (management or supervisory board) · since 17 Aug 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 85599Other education n.e.c. Main

Rulings 5

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50152580 / 4
10 Dec 2025
 Amendment entry In force
10 Dec 2025
 PDF
Ä 50152580 / M1
9 Dec 2025
 Ruling to eliminate deficiencies Deficiencies eliminated
10 Dec 2025
 PDF
Ä 50152580 / 3
9 Dec 2025
 Amendment entry In force
9 Dec 2025
 PDF
Ä 50152580 / 2
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 50152580
17 Aug 2020
 First entry In force
17 Aug 2020
 PDF

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