Verwater Estonia OÜ

Active Registry code 16039352 OÜ Tallinn Registered 28 Aug 2020
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Verwater Estonia OÜ is a OÜ based in Tallinn, registry code 16039352, status: active. Main activity: Manufacture of other metal structures and parts of structures. According to EMTA, turnover for Q3 2026 was €2 299 119 with 34 employees.

Turnover
2 299 119 €
↑ 3.2% vs Q2 2026
State taxes
0 €
Labour taxes
110 739 €
↑ 5.8% vs Q2 2026
Employees
34
+3 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

  • Turnover · Q3 2026 2.3 mn €
    industry median 54 051 € · companies in the industry: 1 358
  • Labour taxes per employee 3 257 €
    industry median 1 944 € · companies in the industry: 1 121
  • Revenue · 2025 6.3 mn €
    industry median 71 144 € · companies in the industry: 1 712
  • Net profit margin · 2025 2.8 %
    industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 299 119 € · +3.2% vs Q2 2026 · industry median 54 051 € · above 98% of the industry
01 0002 0003 000Q4 2023 Company: 1 226 077 € Industry median: 47 931 €Q4·23Q1 2024 Company: 1 613 770 € Industry median: 39 673 €Q2 2024 Company: 1 371 765 € Industry median: 43 108 €Q2·24Q3 2024 Company: 2 582 376 € Industry median: 46 432 €Q4 2024 Company: 2 152 759 € Industry median: 49 785 €Q4·24Q1 2025 Company: 2 394 047 € Industry median: 42 425 €Q2 2025 Company: 1 348 838 € Industry median: 50 007 €Q2·25Q3 2025 Company: 2 304 876 € Industry median: 48 528 €Q4 2025 Company: 2 106 620 € Industry median: 53 452 €Q4·25Q1 2026 Company: 1 329 100 € Industry median: 45 198 €Q2 2026 Company: 2 228 160 € Industry median: 54 700 €Q2·26Q3 2026 Company: 2 299 119 € Industry median: 54 051 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 152 759 € Industry median: 49 785 €Q1 2025 Company: 2 394 047 € Industry median: 42 425 €Q1·25Q2 2025 Company: 1 348 838 € Industry median: 50 007 €Q3 2025 Company: 2 304 876 € Industry median: 48 528 €Q3·25Q4 2025 Company: 2 106 620 € Industry median: 53 452 €Q1 2026 Company: 1 329 100 € Industry median: 45 198 €Q1·26Q2 2026 Company: 2 228 160 € Industry median: 54 700 €Q3 2026 Company: 2 299 119 € Industry median: 54 051 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 257 € · −3.5% vs Q2 2026 · industry median 1 944 € · above 78% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 2 821 € Industry median: 1 751 €Q4·23Q1 2024 Company: 2 754 € Industry median: 1 757 €Q2 2024 Company: 3 041 € Industry median: 1 735 €Q2·24Q3 2024 Company: 3 151 € Industry median: 1 864 €Q4 2024 Company: 3 968 € Industry median: 1 892 €Q4·24Q1 2025 Company: 3 938 € Industry median: 1 847 €Q2 2025 Company: 3 464 € Industry median: 1 858 €Q2·25Q3 2025 Company: 3 295 € Industry median: 1 902 €Q4 2025 Company: 4 325 € Industry median: 2 028 €Q4·25Q1 2026 Company: 3 520 € Industry median: 1 906 €Q2 2026 Company: 3 376 € Industry median: 1 845 €Q2·26Q3 2026 Company: 3 257 € Industry median: 1 944 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 968 € Industry median: 1 892 €Q1 2025 Company: 3 938 € Industry median: 1 847 €Q1·25Q2 2025 Company: 3 464 € Industry median: 1 858 €Q3 2025 Company: 3 295 € Industry median: 1 902 €Q3·25Q4 2025 Company: 4 325 € Industry median: 2 028 €Q1 2026 Company: 3 520 € Industry median: 1 906 €Q1·26Q2 2026 Company: 3 376 € Industry median: 1 845 €Q3 2026 Company: 3 257 € Industry median: 1 944 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 34 · +9.7% vs Q2 2026
010203040Q4 2023 Company: 27Q4·23Q1 2024 Company: 32Q2 2024 Company: 39Q2·24Q3 2024 Company: 38Q4 2024 Company: 33Q4·24Q1 2025 Company: 29Q2 2025 Company: 34Q2·25Q3 2025 Company: 36Q4 2025 Company: 27Q4·25Q1 2026 Company: 29Q2 2026 Company: 31Q2·26Q3 2026 Company: 34Q3·26010203040Q4 2024 Company: 33Q1 2025 Company: 29Q1·25Q2 2025 Company: 34Q3 2025 Company: 36Q3·25Q4 2025 Company: 27Q1 2026 Company: 29Q1·26Q2 2026 Company: 31Q3 2026 Company: 34Q3·26
State taxes, € Q3 2026: 0 €
020 00040 00060 00080 000Q4 2023 Company: 60 548 €Q4·23Q1 2024 Company: 60 867 €Q2 2024 Company: 30 312 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 2 471 €Q2 2025 Company: 36 922 €Q2·25Q3 2025 Company: 1 958 €Q4 2025 Company: 35 862 €Q4·25Q1 2026 Company: 45 700 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 0 €Q1 2025 Company: 2 471 €Q1·25Q2 2025 Company: 36 922 €Q3 2025 Company: 1 958 €Q3·25Q4 2025 Company: 35 862 €Q1 2026 Company: 45 700 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 299 119 — 110 739 34
Q2 2026 2 228 160 — 104 668 31
Q1 2026 1 329 100 45 700 102 074 29
Q4 2025 2 106 620 35 862 116 779 27
Q3 2025 2 304 876 1 958 118 617 36
Q2 2025 1 348 838 36 922 117 788 34
Q1 2025 2 394 047 2 471 114 188 29
Q4 2024 2 152 759 — 130 955 33
Q3 2024 2 582 376 — 119 742 38
Q2 2024 1 371 765 30 312 118 605 39
Q1 2024 1 613 770 60 867 88 138 32
Q4 2023 1 226 077 60 548 76 155 27
Q3 2023 1 508 762 — 68 147 24
Q2 2023 1 287 242 24 030 79 802 24
Q1 2023 395 887 51 100 63 645 19
Q4 2022 964 172 42 116 55 940 18
Q3 2022 681 817 21 545 52 733 15
Q2 2022 1 463 318 79 195 94 457 11
Q1 2022 1 718 658 — 24 374 19
Labour taxes per employee per month
1 086 €
Turnover per employee in the quarter
67 621 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € thousand 2025: 6 279 075 € · −15.5% vs 2024 · industry median 71 144 € · above 98% of the industry
02 0004 0006 0008 0002021 Company: 4 229 902 € Industry median: 85 610 €20212022 Company: 2 785 611 € Industry median: 84 505 €20222023 Company: 4 074 748 € Industry median: 79 655 €20232024 Company: 7 433 168 € Industry median: 75 081 €20242025 Company: 6 279 075 € Industry median: 71 144 €202502 0004 0006 0008 0002021 Company: 4 229 902 € Industry median: 85 610 €20212022 Company: 2 785 611 € Industry median: 84 505 €2023 Company: 4 074 748 € Industry median: 79 655 €20232024 Company: 7 433 168 € Industry median: 75 081 €2025 Company: 6 279 075 € Industry median: 71 144 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 178 405 € · −44.4% vs 2024 · industry median 904 € · above 94% of the industry
-1 500-1 000-50005002021 Company: -1 007 351 € Industry median: 2 495 €20212022 Company: -6 904 € Industry median: 3 066 €20222023 Company: 209 593 € Industry median: 1 431 €20232024 Company: 320 909 € Industry median: 714 €20242025 Company: 178 405 € Industry median: 904 €2025-1 500-1 000-50005002021 Company: -1 007 351 € Industry median: 2 495 €20212022 Company: -6 904 € Industry median: 3 066 €2023 Company: 209 593 € Industry median: 1 431 €20232024 Company: 320 909 € Industry median: 714 €2025 Company: 178 405 € Industry median: 904 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 2.8 % · −1.5 pp vs the year before · industry median 3.4 % · above 48% of the industry
-30-20-100102021 Company: -23.8 % Industry median: 4.4 %20212022 Company: -0.2 % Industry median: 5.1 %20222023 Company: 5.1 % Industry median: 4.2 %20232024 Company: 4.3 % Industry median: 2.9 %20242025 Company: 2.8 % Industry median: 3.4 %2025-30-20-100102021 Company: -23.8 % Industry median: 4.4 %20212022 Company: -0.2 % Industry median: 5.1 %2023 Company: 5.1 % Industry median: 4.2 %20232024 Company: 4.3 % Industry median: 2.9 %2025 Company: 2.8 % Industry median: 3.4 %2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 052 771 € · +0.3% vs 2024
02505007501 0001 2502021 Company: 667 303 €20212022 Company: 351 035 €20222023 Company: 611 843 €20232024 Company: 1 049 153 €20242025 Company: 1 052 771 €202502505007501 0001 2502021 Company: 667 303 €20212022 Company: 351 035 €2023 Company: 611 843 €20232024 Company: 1 049 153 €2025 Company: 1 052 771 €2025
Equity, € thousand 2025: 697 252 € · +34.4% vs 2024
-1 500-1 000-50005001 0002021 Company: -1 004 851 €20212022 Company: -1 011 755 €20222023 Company: -802 162 €20232024 Company: 518 847 €20242025 Company: 697 252 €2025-1 500-1 000-50005001 0002021 Company: -1 004 851 €20212022 Company: -1 011 755 €2023 Company: -802 162 €20232024 Company: 518 847 €2025 Company: 697 252 €2025
Employees 2025: 26 · −7.1% vs 2024 · industry median 3 · above 91% of the industry
01020302021 Company: 23 Industry median: 320212022 Company: 13 Industry median: 320222023 Company: 19 Industry median: 320232024 Company: 28 Industry median: 320242025 Company: 26 Industry median: 3202501020302021 Company: 23 Industry median: 320212022 Company: 13 Industry median: 32023 Company: 19 Industry median: 320232024 Company: 28 Industry median: 32025 Company: 26 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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 6 279 075 178 405 1 278 443 1 052 771 697 252 26
2024 7 433 168 320 909 1 403 943 1 049 153 518 847 28
2023 4 074 748 209 593 909 977 611 843 -802 162 19
2022 2 785 611 -6 904 705 778 351 035 -1 011 755 13
2021 4 229 902 -1 007 351 1 436 838 667 303 -1 004 851 23

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
2.8 %
Net profit / revenue
Return on equity (ROE)
25.6 %
Net profit / equity
Return on assets (ROA)
16.9 %
Net profit / assets
Equity ratio
66.2 %
Equity / assets
Debt ratio
33.8 %
Liabilities / assets
Current ratio
2.49
Current assets / current liabilities
Revenue per employee
241 503 €
Revenue / average full-time employees
Labour cost per employee per month
4 098 €
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 2 Mar 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 28 Feb 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jun 2023 Company’s own e-Äriregister
2021 28 Aug 2020 – 31 Dec 2021 6 Jul 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

  • Verwater Estland B.V.
    Legal person · 2 600 €

Beneficial owners

  • Johannes Bastiaan Spoelstra
    Member of a senior management body (management or supervisory board) · NLD · since 22 Feb 2024
  • Marloes Adriana Maria Oude Breuil
    Member of a senior management body (management or supervisory board) · NLD · since 22 Feb 2024
  • Vafa Hamzin
    Member of a senior management body (management or supervisory board) · since 22 Feb 2024

Founders and other persons

  • Verwater Estland B.V.
    Founder · 2 500 € · 14 May 2020
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 25119Manufacture of other metal structures and parts of structures Main
  • 82991Other business support service activities n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 50150746 / 5
9 Aug 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
9 Aug 2024
PDF
Ä 50150746 / 4
12 Jun 2024
Amendment entry In force
12 Jun 2024
PDF
Ä 50150746 / M2
28 May 2024
Ruling to eliminate deficiencies 12 Jun 2024 Deficiencies eliminated
3 Jun 2024
PDF
Ä 50150746 / 3
15 Feb 2024
Amendment entry In force
15 Feb 2024
PDF
Ä 50150746 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50150746
28 Aug 2020
First entry In force
28 Aug 2020
PDF
Ä 50150746 / M1
21 Jul 2020
Ruling to eliminate deficiencies 20 Aug 2020 In force
21 Jul 2020
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data