Balzar Group OÜ

Active Registry code 16984866 OÜ Viljandi linn Registered 10 May 2024
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Balzar Group OÜ is a OÜ based in Viljandi linn, registry code 16984866, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €1 262 with employees.

Turnover
1 262 €
↓ 51.2% vs Q2 2026
State taxes
237 €
↓ 29.7% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 1 262 €
    industry median 23 017 € · companies in the industry: 6 974
  • Revenue · 2025 8 227 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 -8.9 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q2 2024 – Q3 2026
Turnover, € Q3 2026: 1 262 € · −51.2% vs Q2 2026 · industry median 23 017 € · above 6% of the industry
05 00010 00015 00020 00025 000Q2 2024 Company: 0 € Industry median: 18 660 €Q2·24Q3 2024 Company: 2 507 € Industry median: 21 547 €Q3·24Q4 2024 Company: 5 657 € Industry median: 23 300 €Q4·24Q1 2025 Company: 1 077 € Industry median: 17 914 €Q1·25Q2 2025 Company: 1 620 € Industry median: 20 215 €Q2·25Q3 2025 Company: 1 168 € Industry median: 22 700 €Q3·25Q4 2025 Company: 2 787 € Industry median: 23 111 €Q4·25Q1 2026 Company: 1 870 € Industry median: 17 425 €Q1·26Q2 2026 Company: 2 587 € Industry median: 20 462 €Q2·26Q3 2026 Company: 1 262 € Industry median: 23 017 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 5 657 € Industry median: 23 300 €Q1 2025 Company: 1 077 € Industry median: 17 914 €Q1·25Q2 2025 Company: 1 620 € Industry median: 20 215 €Q3 2025 Company: 1 168 € Industry median: 22 700 €Q3·25Q4 2025 Company: 2 787 € Industry median: 23 111 €Q1 2026 Company: 1 870 € Industry median: 17 425 €Q1·26Q2 2026 Company: 2 587 € Industry median: 20 462 €Q3 2026 Company: 1 262 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

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

Employees Q2 2024: 1
0.00.20.40.60.81.0Q2 2024 Company: 1Q2·24Q3 2024 Company: —Q3·24Q4 2024 Company: —Q4·24Q1 2025 Company: —Q1·25Q2 2025 Company: —Q2·25Q3 2025 Company: —Q3·25Q4 2025 Company: —Q4·25Q1 2026 Company: —Q1·26Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 237 € · −29.7% vs Q2 2026
0200400600800Q2 2024 Company: —Q2·24Q3 2024 Company: 178 €Q3·24Q4 2024 Company: 783 €Q4·24Q1 2025 Company: 135 €Q1·25Q2 2025 Company: 258 €Q2·25Q3 2025 Company: 63 €Q3·25Q4 2025 Company: 92 €Q4·25Q1 2026 Company: 193 €Q1·26Q2 2026 Company: 337 €Q2·26Q3 2026 Company: 237 €Q3·260200400600800Q4 2024 Company: 783 €Q1 2025 Company: 135 €Q1·25Q2 2025 Company: 258 €Q3 2025 Company: 63 €Q3·25Q4 2025 Company: 92 €Q1 2026 Company: 193 €Q1·26Q2 2026 Company: 337 €Q3 2026 Company: 237 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 262 237 — —
Q2 2026 2 587 337 — —
Q1 2026 1 870 193 — —
Q4 2025 2 787 92 — —
Q3 2025 1 168 63 — —
Q2 2025 1 620 258 — —
Q1 2025 1 077 135 — —
Q4 2024 5 657 783 273 —
Q3 2024 2 507 178 — —
Q2 2024 — — — 1

Financials by year

2024 – 2025
Revenue, € 2025: 8 227 € · −0.4% vs 2024 · industry median 37 328 € · above 26% of the industry
010 00020 00030 00040 0002024 Company: 8 259 € Industry median: 35 372 €20242025 Company: 8 227 € Industry median: 37 328 €2025010 00020 00030 00040 0002024 Company: 8 259 € Industry median: 35 372 €2025 Company: 8 227 € Industry median: 37 328 €2025
  • Company
  • Industry median

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

Net profit, € 2025: -730 € · −182.9% vs 2024 · industry median 561 € · above 24% of the industry
-1 000-50005001 0002024 Company: 881 € Industry median: 432 €20242025 Company: -730 € Industry median: 561 €2025-1 000-50005001 0002024 Company: 881 € Industry median: 432 €2025 Company: -730 € Industry median: 561 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: -8.9 % · −19.5 pp vs the year before · industry median 3.9 % · above 17% of the industry
-10-50510152024 Company: 10.7 % Industry median: 3.4 %20242025 Company: -8.9 % Industry median: 3.9 %2025-10-50510152024 Company: 10.7 % Industry median: 3.4 %2025 Company: -8.9 % Industry median: 3.9 %2025
  • Company
  • Industry median

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

Assets, € 2025: 512 € · −52.7% vs 2024
02505007501 0001 2502024 Company: 1 082 €20242025 Company: 512 €202502505007501 0001 2502024 Company: 1 082 €2025 Company: 512 €2025
Equity, € 2025: 161 € · −81.9% vs 2024
02004006008001 0002024 Company: 891 €20242025 Company: 161 €202502004006008001 0002024 Company: 891 €2025 Company: 161 €2025
Employees 2025: 0 · −100.0% vs 2024 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02024 Company: 1 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02024 Company: 1 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction 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 8 227 -730 0 512 161 0
2024 8 259 881 665 1 082 891 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
-8.9 %
Net profit / revenue
Return on equity (ROE)
-453.4 %
Net profit / equity
Return on assets (ROA)
-142.6 %
Net profit / assets
Equity ratio
31.4 %
Equity / assets
Debt ratio
68.6 %
Liabilities / assets
Current ratio
1.46
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 1 Jul 2026 Company’s own e-Äriregister
2024 10 May 2024 – 31 Dec 2024 19 May 2025 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

  • Aare Õunap
    Member of a senior management body (management or supervisory board) · since 10 May 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43211Electrical installation work Main

Rulings 1

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50255049
10 May 2024
 First entry In force
10 May 2024
 PDF

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