Mentat Innovations OÜ

Active Registry code 16127599 OÜ Tallinn Registered 28 Dec 2020
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Mentat Innovations OÜ is a OÜ based in Tallinn, registry code 16127599, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q1 2026 was €240 with employees.

Turnover
240 €
↓ 86.6% vs Q4 2025
State taxes
—
Labour taxes
—
Employees
—

Q1 2026 · data from the Tax and Customs Board (EMTA)

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

  • Turnover · Q1 2026 240 €
    industry median 20 665 € · companies in the industry: 7 256
  • Revenue · 2025 5 500 €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 12.7 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q2 2023 – Q1 2026
Turnover, € thousand Q1 2026: 240 € · −86.6% vs Q4 2025 · industry median 20 665 € · above 6% of the industry
0100200300400Q2 2023 Company: 397 967 € Industry median: 20 408 €Q2·23Q3 2023 Company: 49 681 € Industry median: 20 218 €Q4 2023 Company: 108 569 € Industry median: 20 666 €Q4·23Q1 2024 Company: 150 165 € Industry median: 20 684 €Q2 2024 Company: 90 302 € Industry median: 20 460 €Q2·24Q3 2024 Company: 8 511 € Industry median: 19 818 €Q4 2024 Company: 7 815 € Industry median: 20 482 €Q4·24Q1 2025 Company: 1 532 € Industry median: 20 692 €Q2 2025 Company: 3 504 € Industry median: 21 060 €Q2·25Q3 2025 Company: 195 € Industry median: 20 327 €Q4 2025 Company: 1 787 € Industry median: 21 191 €Q4·25Q1 2026 Company: 240 € Industry median: 20 665 €Q1·26020406080100Q2 2024 Company: 90 302 € Industry median: 20 460 €Q3 2024 Company: 8 511 € Industry median: 19 818 €Q3·24Q4 2024 Company: 7 815 € Industry median: 20 482 €Q1 2025 Company: 1 532 € Industry median: 20 692 €Q1·25Q2 2025 Company: 3 504 € Industry median: 21 060 €Q3 2025 Company: 195 € Industry median: 20 327 €Q3·25Q4 2025 Company: 1 787 € Industry median: 21 191 €Q1 2026 Company: 240 € Industry median: 20 665 €Q1·26
  • 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, € Q1 2024: 33 €
010203040Q2 2023 Company: —Q2·23Q3 2023 Company: —Q4 2023 Company: —Q4·23Q1 2024 Company: 33 €Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q1·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2026 240 — — —
Q4 2025 1 787 — — —
Q3 2025 195 — — —
Q2 2025 3 504 — — —
Q1 2025 1 532 — — —
Q4 2024 7 815 — — —
Q3 2024 8 511 — — —
Q2 2024 90 302 — — —
Q1 2024 150 165 33 — —
Q4 2023 108 569 — — —
Q3 2023 49 681 — — —
Q2 2023 397 967 — — —
Q1 2023 95 047 — — —
Q4 2022 170 981 — — —
Q3 2022 161 174 — — —
Q2 2022 120 481 — — —
Q1 2022 124 562 — — —

Financials by year

2021 – 2025
Revenue, € thousand 2025: 5 500 € · −95.8% vs 2024 · industry median 14 309 € · above 41% of the industry
01002003004005002021 Company: 182 191 € Industry median: 13 105 €20212022 Company: 371 528 € Industry median: 15 007 €20222023 Company: 448 534 € Industry median: 15 500 €20232024 Company: 131 515 € Industry median: 13 785 €20242025 Company: 5 500 € Industry median: 14 309 €202501002003004005002021 Company: 182 191 € Industry median: 13 105 €20212022 Company: 371 528 € Industry median: 15 007 €2023 Company: 448 534 € Industry median: 15 500 €20232024 Company: 131 515 € Industry median: 13 785 €2025 Company: 5 500 € 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, € 2025: 696 € · +100.9% vs 2024 · industry median 106 € · above 55% of the industry
-100 000-50 000050 000100 0002021 Company: 10 528 € Industry median: 829 €20212022 Company: 69 485 € Industry median: 300 €20222023 Company: -4 723 € Industry median: 383 €20232024 Company: -75 589 € Industry median: 249 €20242025 Company: 696 € Industry median: 106 €2025-100 000-50 000050 000100 0002021 Company: 10 528 € Industry median: 829 €20212022 Company: 69 485 € Industry median: 300 €2023 Company: -4 723 € Industry median: 383 €20232024 Company: -75 589 € Industry median: 249 €2025 Company: 696 € 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: 12.7 % · +70.1 pp vs the year before · industry median 15.1 % · above 47% of the industry
-60-40-20020402021 Company: 5.8 % Industry median: 23.6 %20212022 Company: 18.7 % Industry median: 19.1 %20222023 Company: -1.1 % Industry median: 17.8 %20232024 Company: -57.5 % Industry median: 16.3 %20242025 Company: 12.7 % Industry median: 15.1 %2025-60-40-20020402021 Company: 5.8 % Industry median: 23.6 %20212022 Company: 18.7 % Industry median: 19.1 %2023 Company: -1.1 % Industry median: 17.8 %20232024 Company: -57.5 % Industry median: 16.3 %2025 Company: 12.7 % 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: 2 934 € · −13.7% vs 2024
020 00040 00060 00080 000100 0002021 Company: 26 729 €20212022 Company: 82 942 €20222023 Company: 78 210 €20232024 Company: 3 400 €20242025 Company: 2 934 €2025020 00040 00060 00080 000100 0002021 Company: 26 729 €20212022 Company: 82 942 €2023 Company: 78 210 €20232024 Company: 3 400 €2025 Company: 2 934 €2025
Equity, € 2025: 2 897 € · +31.6% vs 2024
020 00040 00060 00080 000100 0002021 Company: 13 028 €20212022 Company: 82 513 €20222023 Company: 77 790 €20232024 Company: 2 201 €20242025 Company: 2 897 €2025020 00040 00060 00080 000100 0002021 Company: 13 028 €20212022 Company: 82 513 €2023 Company: 77 790 €20232024 Company: 2 201 €2025 Company: 2 897 €2025
Employees 2025: 0 · −100.0% vs 2024 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 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 5 500 696 0 2 934 2 897 0
2024 131 515 -75 589 155 000 3 400 2 201 1
2023 448 534 -4 723 129 000 78 210 77 790 1
2022 371 528 69 485 78 000 82 942 82 513 1
2021 182 191 10 528 55 000 26 729 13 028 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
12.7 %
Net profit / revenue
Return on equity (ROE)
24.0 %
Net profit / equity
Return on assets (ROA)
23.7 %
Net profit / assets
Equity ratio
98.7 %
Equity / assets
Debt ratio
1.3 %
Liabilities / assets
Current ratio
79.30
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 4 Feb 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 3 Apr 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 20 Mar 2023 Company’s own e-Äriregister
2021 28 Dec 2020 – 31 Dec 2021 19 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

Beneficial owners

  • Georgios Cotsikis
    Member of a senior management body (management or supervisory board) · MCO · since 28 Dec 2020

Founders and other persons

Activities (EMTAK)

  • 62101Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 50163037 / 4
2 Oct 2025
Amendment entry In force
2 Oct 2025
PDF
Ä 50163037 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50163037 / 2
27 May 2022
Amendment entry In force
27 May 2022
PDF
Ä 50163037
28 Dec 2020
First entry In force
28 Dec 2020
PDF

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