Syndicate Property OÜ

Active Registry code 16417185 OÜ Tallinn Registered 6 Jan 2022
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Syndicate Property OÜ is a OÜ based in Tallinn, registry code 16417185, status: active. Main activity: Buying and selling of own real estate. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 1 131 €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 -1 214.1 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · industry median 15 029 € · above 2% of the industry
0200400600Q4 2023 Company: 43 649 € Industry median: 14 894 €Q4·23Q1 2024 Company: 556 694 € Industry median: 15 029 €Q2 2024 Company: 0 € Industry median: 14 045 €Q2·24Q3 2024 Company: 40 995 € Industry median: 14 441 €Q4 2024 Company: 0 € Industry median: 14 605 €Q4·24Q1 2025 Company: 0 € Industry median: 14 686 €Q2 2025 Company: 1 475 € Industry median: 14 302 €Q2·25Q3 2025 Company: 0 € Industry median: 14 276 €Q4 2025 Company: 0 € Industry median: 14 465 €Q4·25Q1 2026 Company: 4 000 € Industry median: 14 753 €Q2 2026 Company: 0 € Industry median: 14 601 €Q2·26Q3 2026 Company: 0 € Industry median: 15 029 €Q3·2605101520Q4 2024 Company: 0 € Industry median: 14 605 €Q1 2025 Company: 0 € Industry median: 14 686 €Q1·25Q2 2025 Company: 1 475 € Industry median: 14 302 €Q3 2025 Company: 0 € Industry median: 14 276 €Q3·25Q4 2025 Company: 0 € Industry median: 14 465 €Q1 2026 Company: 4 000 € Industry median: 14 753 €Q1·26Q2 2026 Company: 0 € Industry median: 14 601 €Q3 2026 Company: 0 € Industry median: 15 029 €Q3·26
  • 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, € Q2 2026: 200 € · −79.2% vs Q1 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 2 770 €Q4·23Q1 2024 Company: 62 418 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 15 355 €Q4 2024 Company: 80 516 €Q4·24Q1 2025 Company: —Q2 2025 Company: 215 €Q2·25Q3 2025 Company: —Q4 2025 Company: 215 €Q4·25Q1 2026 Company: 960 €Q2 2026 Company: 200 €Q2·26Q3 2026 Company: —Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 80 516 €Q1 2025 Company: —Q1·25Q2 2025 Company: 215 €Q3 2025 Company: —Q3·25Q4 2025 Company: 215 €Q1 2026 Company: 960 €Q1·26Q2 2026 Company: 200 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 — 200 — —
Q1 2026 4 000 960 — —
Q4 2025 — 215 — —
Q3 2025 — — — —
Q2 2025 1 475 215 — —
Q1 2025 — — — —
Q4 2024 — 80 516 — —
Q3 2024 40 995 15 355 — —
Q2 2024 — — — —
Q1 2024 556 694 62 418 — —
Q4 2023 43 649 2 770 — —
Q3 2023 133 333 2 387 — —
Q2 2023 708 109 — —
Q1 2023 59 868 9 557 — —
Q4 2022 151 542 25 873 — —
Q3 2022 — — — —
Q2 2022 — — — —
Q1 2022 — — — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 1 131 € · −98.8% vs 2024 · industry median 13 620 € · above 20% of the industry
0501001502002502022 Company: 220 708 € Industry median: 11 792 €20222023 Company: 190 011 € Industry median: 12 224 €20232024 Company: 96 722 € Industry median: 12 863 €20242025 Company: 1 131 € Industry median: 13 620 €20250501001502002502022 Company: 220 708 € Industry median: 11 792 €2023 Company: 190 011 € Industry median: 12 224 €20232024 Company: 96 722 € Industry median: 12 863 €2025 Company: 1 131 € Industry median: 13 620 €2025
  • 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: -13 732 € · +93.0% vs 2024 · industry median 283 € · above 7% of the industry
-200-10001002002022 Company: 138 057 € Industry median: 161 €20222023 Company: 134 230 € Industry median: 154 €20232024 Company: -197 209 € Industry median: 256 €20242025 Company: -13 732 € Industry median: 283 €2025-200-10001002002022 Company: 138 057 € Industry median: 161 €2023 Company: 134 230 € Industry median: 154 €20232024 Company: -197 209 € Industry median: 256 €2025 Company: -13 732 € Industry median: 283 €2025
  • 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: -1 214.1 % · −1 010.3 pp vs the year before · industry median 5.9 % · above 2% of the industry
-1 500-1 000-50005002022 Company: 62.6 % Industry median: 5.9 %20222023 Company: 70.6 % Industry median: 5.2 %20232024 Company: -203.9 % Industry median: 5.9 %20242025 Company: -1 214.1 % Industry median: 5.9 %2025-1 500-1 000-50005002022 Company: 62.6 % Industry median: 5.9 %2023 Company: 70.6 % Industry median: 5.2 %20232024 Company: -203.9 % Industry median: 5.9 %2025 Company: -1 214.1 % Industry median: 5.9 %2025
  • 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: 106 758 € · −14.3% vs 2024
02004006008001 0002022 Company: 269 402 €20222023 Company: 874 086 €20232024 Company: 124 553 €20242025 Company: 106 758 €202502004006008001 0002022 Company: 269 402 €2023 Company: 874 086 €20232024 Company: 124 553 €2025 Company: 106 758 €2025
Equity, € thousand 2025: 63 846 € · −17.7% vs 2024
01002003002022 Company: 140 557 €20222023 Company: 274 787 €20232024 Company: 77 578 €20242025 Company: 63 846 €202501002003002022 Company: 140 557 €2023 Company: 274 787 €20232024 Company: 77 578 €2025 Company: 63 846 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • 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 1 131 -13 732 0 106 758 63 846 0
2024 96 722 -197 209 0 124 553 77 578 0
2023 190 011 134 230 0 874 086 274 787 0
2022 220 708 138 057 0 269 402 140 557 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
-1 214.1 %
Net profit / revenue
Return on equity (ROE)
-21.5 %
Net profit / equity
Return on assets (ROA)
-12.9 %
Net profit / assets
Equity ratio
59.8 %
Equity / assets
Debt ratio
40.2 %
Liabilities / assets
Current ratio
4.11
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 29 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 30 Jun 2024 Company’s own e-Äriregister
2022 6 Jan 2022 – 31 Dec 2022 30 Jun 2023 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

  • Kaspar Vitsur
    Direct ownership · since 6 Jan 2022
  • Rain Kirjanen
    Member of a senior management body (management or supervisory board) · since 6 Jan 2022

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68111Buying and selling of own real estate Main
Rulings
Number, date Title Deadline State Document
Ä 50193912 / 3
5 Aug 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
5 Aug 2026
PDF
Ä 50193912 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50193912
6 Jan 2022
First entry In force
6 Jan 2022
PDF

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