CORE PROPERTIES OÜ

Active Registry code 16188460 OÜ Tallinn Registered 19 Mar 2021

CORE PROPERTIES OÜ is a OÜ based in Tallinn, registry code 16188460, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €860 871 with employees.

Turnover

860 871 €

↑ 0.0% vs Q2 2026

State taxes

205 954 €

↑ 0.7% vs Q2 2026

Labour taxes

214 €

↓ 4.0% vs Q2 2026

Employees

—

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 860 871 €

above 98% of companies

industry median 15 029 € · companies in the industry: 7 444
Revenue · 2025 3.4 mn €

above 98% of companies

industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 2025 29.6 %

above 70% of companies

industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 860 871 € · +0.0% vs Q2 2026 · industry median 15 029 € · above 98% of the industry

Company
Industry median

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

State taxes, € thousand Q3 2026: 205 954 € · +0.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	860 871	205 954	214	—
Q2 2026	860 871	204 589	223	—
Q1 2026	854 969	211 122	238	—
Q4 2025	843 165	217 889	238	—
Q3 2025	843 165	196 387	238	—
Q2 2025	843 665	180 170	238	—
Q1 2025	836 577	200 873	228	—
Q4 2024	823 403	193 334	209	—
Q3 2024	823 403	184 162	209	—
Q2 2024	823 403	189 194	209	—
Q1 2024	814 121	173 753	209	—
Q4 2023	795 558	170 978	209	—
Q3 2023	795 558	159 082	209	—
Q2 2023	795 558	158 572	215	—
Q1 2023	786 591	169 381	604	—
Q4 2022	768 707	166 339	992	—
Q3 2022	768 655	153 961	992	—
Q2 2022	768 655	154 305	992	—
Q1 2022	762 163	165 143	935	—

Financials by year

2021 – 2025

Revenue, € thousand 2025: 3 372 658 € · +2.4% vs 2024 · industry median 13 620 € · above 98% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 997 126 € · +119.6% vs 2024 · industry median 283 € · above 98% of the industry

Company
Industry median

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

Net profit margin, % 2025: 29.6 % · +15.8 pp vs the year before · industry median 5.9 % · above 70% of the industry

Company
Industry median

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

Assets, € thousand 2025: 28 064 899 € · −5.5% vs 2024

Equity, € thousand 2025: 1 775 193 € · +128.2% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Real estate 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	3 372 658	997 126	4 391	28 064 899	1 775 193	1
2024	3 293 611	453 979	4 253	29 683 971	778 067	1
2023	3 182 234	-287 539	5 599	30 960 346	324 088	1
2022	3 074 622	400 112	19 868	32 279 857	611 627	1
2021	2 007 955	201 515	15 122	34 432 574	211 515	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

29.6 %

Net profit / revenue

Return on equity (ROE)

56.2 %

Net profit / equity

Return on assets (ROA)

3.6 %

Net profit / assets

Equity ratio

6.3 %

Equity / assets

Debt ratio

93.7 %

Liabilities / assets

Current ratio

0.03

Current assets / current liabilities

Revenue per employee

3 372 658 €

Revenue / average full-time employees

Labour cost per employee per month

366 €

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	9 Apr 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	19 Mar 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	26 Mar 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	7 Jun 2023	Company’s own · audited	e-Äriregister
2021	19 Mar 2021 – 31 Dec 2021	21 Jun 2022	Company’s own · audited	e-Äriregister

Board

Pijus Jarmalavičius
Board member · since 26 Mar 2024

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Galio Group UAB
Legal person · 10 000 €

100%

Beneficial owners

Nerius Numa
Indirect ownership · CHE · since 3 Oct 2025

Founders and other persons

Galio Group UAB
Founder · 2 500 € · 8 Mar 2021
Rein Ruusalu
Audit firm · 27 Jun 2022

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50169332 / 6 26 Mar 2024	Amendment entry		In force 26 Mar 2024	PDF
Ä 50169332 / 5 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 50169332 / 4 3 May 2023	Amendment entry		In force 3 May 2023	PDF
Ä 50169332 / 3 17 Feb 2023	Amendment entry		In force 17 Feb 2023	PDF
Ä 50169332 / M4 13 Feb 2023	Ruling to eliminate deficiencies	23 Feb 2023	Deficiencies eliminated 17 Feb 2023	PDF
Ä 50169332 / M3 22 Jun 2022	Procedural ruling	22 Jul 2022	Deficiencies eliminated 4 Jul 2022	PDF
Ä 50169332 / M2 6 Apr 2021	Procedural ruling	16 Apr 2021	Deficiencies eliminated 6 Apr 2021	PDF
Ä 50169332 / 2 6 Apr 2021	Amendment entry		In force 6 Apr 2021	PDF
Ä 50169332 19 Mar 2021	First entry		In force 19 Mar 2021	PDF
Ä 50169332 / M1 17 Mar 2021	Ruling to eliminate deficiencies	6 Apr 2021	Deficiencies eliminated 17 Mar 2021	PDF

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