Keila Creativestate OÜ

Active Registry code 16445619 OÜ Tallinn Registered 18 Feb 2022
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Keila Creativestate OÜ is a OÜ based in Tallinn, registry code 16445619, status: active. Main activity: Development of building projects. According to EMTA, turnover for Q3 2026 was €114 516 with employees.

Turnover
114 516 €
↓ 4.8% vs Q2 2026
State taxes
27 465 €
↓ 5.5% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Real estate activities · EMTAK 68

  • Turnover · Q3 2026 114 516 €
    industry median 15 030 € · companies in the industry: 7 443
  • Revenue · 2025 669 672 €
    industry median 13 620 € · companies in the industry: 30 471
  • Net profit margin · 2025 -12.0 %
    industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 114 516 € · −4.8% vs Q2 2026 · industry median 15 030 € · above 84% of the industry
0200400600Q4 2023 Company: 0 € Industry median: 14 897 €Q4·23Q1 2024 Company: 0 € Industry median: 15 027 €Q2 2024 Company: 0 € Industry median: 14 064 €Q2·24Q3 2024 Company: 0 € Industry median: 14 462 €Q4 2024 Company: 2 459 € Industry median: 14 610 €Q4·24Q1 2025 Company: 2 459 € Industry median: 14 672 €Q2 2025 Company: 210 656 € Industry median: 14 301 €Q2·25Q3 2025 Company: 594 138 € Industry median: 14 273 €Q4 2025 Company: 231 452 € Industry median: 14 464 €Q4·25Q1 2026 Company: 234 516 € Industry median: 14 759 €Q2 2026 Company: 120 323 € Industry median: 14 595 €Q2·26Q3 2026 Company: 114 516 € Industry median: 15 030 €Q3·260200400600Q4 2024 Company: 2 459 € Industry median: 14 610 €Q1 2025 Company: 2 459 € Industry median: 14 672 €Q1·25Q2 2025 Company: 210 656 € Industry median: 14 301 €Q3 2025 Company: 594 138 € Industry median: 14 273 €Q3·25Q4 2025 Company: 231 452 € Industry median: 14 464 €Q1 2026 Company: 234 516 € Industry median: 14 759 €Q1·26Q2 2026 Company: 120 323 € Industry median: 14 595 €Q3 2026 Company: 114 516 € Industry median: 15 030 €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, € Q3 2026: 27 465 € · −5.5% vs Q2 2026
020 00040 00060 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 41 562 €Q2·25Q3 2025 Company: 51 504 €Q4 2025 Company: 55 138 €Q4·25Q1 2026 Company: 55 566 €Q2 2026 Company: 29 077 €Q2·26Q3 2026 Company: 27 465 €Q3·26020 00040 00060 000Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 41 562 €Q3 2025 Company: 51 504 €Q3·25Q4 2025 Company: 55 138 €Q1 2026 Company: 55 566 €Q1·26Q2 2026 Company: 29 077 €Q3 2026 Company: 27 465 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 114 516 27 465 — —
Q2 2026 120 323 29 077 — —
Q1 2026 234 516 55 566 — —
Q4 2025 231 452 55 138 — —
Q3 2025 594 138 51 504 — —
Q2 2025 210 656 41 562 — —
Q1 2025 2 459 — — —
Q4 2024 2 459 — — —
Q3 2024 — — — —
Q2 2024 — — — —
Q1 2024 — — — —
Q4 2023 — — — —
Q3 2023 2 500 — — —
Q2 2023 — — — —
Q1 2023 70 — — —
Q4 2022 — — — —
Q3 2022 — — — —
Q2 2022 550 000 — — —
Q1 2022 — — — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 669 672 € · industry median 13 620 € · above 98% of the industry
02004006008002022 Company: — Industry median: 11 789 €20222023 Company: — Industry median: 12 224 €20232024 Company: — Industry median: 12 853 €20242025 Company: 669 672 € Industry median: 13 620 €202502004006008002022 Company: — Industry median: 11 789 €2023 Company: — Industry median: 12 224 €20232024 Company: — Industry median: 12 853 €2025 Company: 669 672 € 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: -80 597 € · −125.5% vs 2024 · industry median 283 € · above 2% of the industry
-10001002003004002022 Company: -1 506 € Industry median: 161 €20222023 Company: -4 844 € Industry median: 154 €20232024 Company: 316 317 € Industry median: 256 €20242025 Company: -80 597 € Industry median: 283 €2025-10001002003004002022 Company: -1 506 € Industry median: 161 €2023 Company: -4 844 € Industry median: 154 €20232024 Company: 316 317 € Industry median: 256 €2025 Company: -80 597 € 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: -12.0 % · industry median 5.9 % · above 15% of the industry
-15-10-505102022 Company: — Industry median: 5.9 %20222023 Company: — Industry median: 5.2 %20232024 Company: — Industry median: 5.9 %20242025 Company: -12.0 % Industry median: 5.9 %2025-15-10-505102022 Company: — Industry median: 5.9 %2023 Company: — Industry median: 5.2 %20232024 Company: — Industry median: 5.9 %2025 Company: -12.0 % 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: 1 300 417 € · −55.1% vs 2024
01 0002 0003 0002022 Company: 671 513 €20222023 Company: 1 053 437 €20232024 Company: 2 894 109 €20242025 Company: 1 300 417 €202501 0002 0003 0002022 Company: 671 513 €2023 Company: 1 053 437 €20232024 Company: 2 894 109 €2025 Company: 1 300 417 €2025
Equity, € thousand 2025: 231 870 € · −25.8% vs 2024
-10001002003004002022 Company: 994 €20222023 Company: -3 850 €20232024 Company: 312 467 €20242025 Company: 231 870 €2025-10001002003004002022 Company: 994 €2023 Company: -3 850 €20232024 Company: 312 467 €2025 Company: 231 870 €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 669 672 -80 597 0 1 300 417 231 870 0
2024 — 316 317 0 2 894 109 312 467 0
2023 — -4 844 0 1 053 437 -3 850 0
2022 — -1 506 0 671 513 994 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
-12.0 %
Net profit / revenue
Return on equity (ROE)
-34.8 %
Net profit / equity
Return on assets (ROA)
-6.2 %
Net profit / assets
Equity ratio
17.8 %
Equity / assets
Debt ratio
82.2 %
Liabilities / assets
Current ratio
1.05
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 25 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 18 Feb 2022 – 31 Dec 2022 28 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

  • Elar Toomsalu
    Member of a senior management body (management or supervisory board) · since 18 Feb 2022
  • Gianclaudio Zucchelli
    Indirect ownership · since 18 Feb 2022
  • Marco Zucchelli
    Member of a senior management body (management or supervisory board) · since 18 Feb 2022
  • Rain Kont
    Indirect ownership · since 18 Feb 2022

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68121Development of building projects Main
Rulings
Number, date Title Deadline State Document
Ä 50196924 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50196924
18 Feb 2022
First entry In force
18 Feb 2022
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data