Balbat Art OÜ

Active Registry code 16759023 OÜ Tallinn Registered 14 Jun 2023
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Balbat Art OÜ is a OÜ based in Tallinn, registry code 16759023, status: active. Main activity: Other arts creation activities. According to EMTA, turnover for Q3 2026 was €7 036 with employees.

Turnover
7 036 €
↑ 95.2% vs Q2 2026
State taxes
462 €
Labour taxes
0 €
↓ 100.0% vs Q2 2026
Employees
—

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

Position in the industry Arts creation and performing arts activities · EMTAK 90

  • Turnover · Q3 2026 7 036 €
    industry median 11 164 € · companies in the industry: 1 365
  • Revenue · 2025 22 696 €
    industry median 3 365 € · companies in the industry: 5 777
  • Net profit margin · 2025 -5.9 %
    industry median 6.2 % · companies in the industry: 4 416

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 7 036 € · +95.2% vs Q2 2026 · industry median 11 164 € · above 38% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 8 241 € Industry median: 9 000 €Q4·23Q1 2024 Company: 4 657 € Industry median: 9 650 €Q2 2024 Company: 4 519 € Industry median: 8 357 €Q2·24Q3 2024 Company: 9 274 € Industry median: 10 795 €Q4 2024 Company: 9 274 € Industry median: 9 389 €Q4·24Q1 2025 Company: 5 183 € Industry median: 9 320 €Q2 2025 Company: 3 710 € Industry median: 8 080 €Q2·25Q3 2025 Company: 7 042 € Industry median: 10 850 €Q4 2025 Company: 6 527 € Industry median: 9 154 €Q4·25Q1 2026 Company: 3 910 € Industry median: 10 512 €Q2 2026 Company: 3 605 € Industry median: 9 107 €Q2·26Q3 2026 Company: 7 036 € Industry median: 11 164 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 9 274 € Industry median: 9 389 €Q1 2025 Company: 5 183 € Industry median: 9 320 €Q1·25Q2 2025 Company: 3 710 € Industry median: 8 080 €Q3 2025 Company: 7 042 € Industry median: 10 850 €Q3·25Q4 2025 Company: 6 527 € Industry median: 9 154 €Q1 2026 Company: 3 910 € Industry median: 10 512 €Q1·26Q2 2026 Company: 3 605 € Industry median: 9 107 €Q3 2026 Company: 7 036 € Industry median: 11 164 €Q3·26
  • Company
  • Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q1 2026: 742 € · +84.6% vs Q4 2025 · industry median 1 067 € · above 29% of the industry
02505007501 0001 250Q4 2023 Company: — Industry median: 840 €Q4·23Q1 2024 Company: — Industry median: 894 €Q2 2024 Company: — Industry median: 963 €Q2·24Q3 2024 Company: — Industry median: 983 €Q4 2024 Company: — Industry median: 963 €Q4·24Q1 2025 Company: 382 € Industry median: 1 015 €Q2 2025 Company: 417 € Industry median: 1 066 €Q2·25Q3 2025 Company: 455 € Industry median: 1 085 €Q4 2025 Company: 402 € Industry median: 1 085 €Q4·25Q1 2026 Company: 742 € Industry median: 1 067 €Q2 2026 Company: — Industry median: 1 089 €Q2·26Q3 2026 Company: — Industry median: 1 096 €Q3·2602505007501 0001 250Q4 2024 Company: — Industry median: 963 €Q1 2025 Company: 382 € Industry median: 1 015 €Q1·25Q2 2025 Company: 417 € Industry median: 1 066 €Q3 2025 Company: 455 € Industry median: 1 085 €Q3·25Q4 2025 Company: 402 € Industry median: 1 085 €Q1 2026 Company: 742 € Industry median: 1 067 €Q1·26Q2 2026 Company: — Industry median: 1 089 €Q3 2026 Company: — Industry median: 1 096 €Q3·26
  • Company
  • Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q1 2026: 1 · +0.0% vs Q4 2025
0.00.20.40.60.81.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: —Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 462 €
05001 0001 5002 000Q4 2023 Company: —Q4·23Q1 2024 Company: 340 €Q2 2024 Company: —Q2·24Q3 2024 Company: 1 591 €Q4 2024 Company: 48 €Q4·24Q1 2025 Company: 483 €Q2 2025 Company: 528 €Q2·25Q3 2025 Company: 632 €Q4 2025 Company: 392 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 462 €Q3·260200400600800Q4 2024 Company: 48 €Q1 2025 Company: 483 €Q1·25Q2 2025 Company: 528 €Q3 2025 Company: 632 €Q3·25Q4 2025 Company: 392 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 462 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 7 036 462 — —
Q2 2026 3 605 — 104 —
Q1 2026 3 910 — 742 1
Q4 2025 6 527 392 402 1
Q3 2025 7 042 632 455 1
Q2 2025 3 710 528 417 1
Q1 2025 5 183 483 382 1
Q4 2024 9 274 48 — —
Q3 2024 9 274 1 591 — —
Q2 2024 4 519 — — —
Q1 2024 4 657 340 — —
Q4 2023 8 241 — — —
Q3 2023 1 824 — — —

Financials by year

2023 – 2025
Revenue, € 2025: 22 696 € · −28.1% vs 2024 · industry median 3 365 € · above 78% of the industry
010 00020 00030 00040 0002023 Company: 14 254 € Industry median: 3 587 €20232024 Company: 31 574 € Industry median: 3 534 €20242025 Company: 22 696 € Industry median: 3 365 €2025010 00020 00030 00040 0002023 Company: 14 254 € Industry median: 3 587 €20232024 Company: 31 574 € Industry median: 3 534 €2025 Company: 22 696 € Industry median: 3 365 €2025
  • Company
  • Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -1 348 € · −109.8% vs 2024 · industry median 139 € · above 17% of the industry
-5 00005 00010 00015 0002023 Company: 3 058 € Industry median: 226 €20232024 Company: 13 759 € Industry median: 204 €20242025 Company: -1 348 € Industry median: 139 €2025-5 00005 00010 00015 0002023 Company: 3 058 € Industry median: 226 €20232024 Company: 13 759 € Industry median: 204 €2025 Company: -1 348 € Industry median: 139 €2025
  • Company
  • Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -5.9 % · −49.5 pp vs the year before · industry median 6.2 % · above 25% of the industry
-10010203040502023 Company: 21.5 % Industry median: 8.3 %20232024 Company: 43.6 % Industry median: 6.9 %20242025 Company: -5.9 % Industry median: 6.2 %2025-10010203040502023 Company: 21.5 % Industry median: 8.3 %20232024 Company: 43.6 % Industry median: 6.9 %2025 Company: -5.9 % Industry median: 6.2 %2025
  • Company
  • Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 34 332 € · −26.4% vs 2024
010 00020 00030 00040 00050 0002023 Company: 16 788 €20232024 Company: 46 669 €20242025 Company: 34 332 €2025010 00020 00030 00040 00050 0002023 Company: 16 788 €20232024 Company: 46 669 €2025 Company: 34 332 €2025
Equity, € 2025: 15 469 € · −8.0% vs 2024
05 00010 00015 00020 0002023 Company: 3 052 €20232024 Company: 16 817 €20242025 Company: 15 469 €202505 00010 00015 00020 0002023 Company: 3 052 €20232024 Company: 16 817 €2025 Company: 15 469 €2025
Employees 2025: 1 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Arts creation and performing arts 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 22 696 -1 348 7 700 34 332 15 469 1
2024 31 574 13 759 0 46 669 16 817 0
2023 14 254 3 058 0 16 788 3 052 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
-5.9 %
Net profit / revenue
Return on equity (ROE)
-8.7 %
Net profit / equity
Return on assets (ROA)
-3.9 %
Net profit / assets
Equity ratio
45.1 %
Equity / assets
Debt ratio
54.9 %
Liabilities / assets
Current ratio
3.92
Current assets / current liabilities
Revenue per employee
22 696 €
Revenue / average full-time employees
Labour cost per employee per month
642 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 31 Aug 2025 Company’s own e-Äriregister
2023 14 Jun 2023 – 31 Dec 2023 13 Sep 2024 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 90131Other arts creation activities Main

Rulings 4

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50230722 / M2
8 Sep 2024
 Warning of deletion from the register: annual report not filed 12 Dec 2024 Deficiencies eliminated
14 Sep 2024
 PDF
Ä 50230722 / M1
21 Jul 2024
 Warning of deletion from the register: annual report not filed 24 Oct 2024 Deficiencies eliminated
24 Aug 2024
 PDF
Ä 50230722 / 2
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 50230722
14 Jun 2023
 First entry In force
14 Jun 2023
 PDF

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