MindShifters OÜ

Active Registry code 16993368 OÜ Tartu linn Registered 22 May 2024
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MindShifters OÜ is a OÜ based in Tartu linn, registry code 16993368, status: active. Main activity: Other education n.e.c.. According to EMTA, turnover for Q3 2026 was €30 665 with employees.

Turnover
30 665 €
↓ 8.7% vs Q2 2026
State taxes
4 653 €
↓ 29.4% vs Q2 2026
Labour taxes
0 €
↓ 100.0% vs Q2 2026
Employees
—

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

Position in the industry Education · EMTAK 85

  • Turnover · Q3 2026 30 665 €
    industry median 8 170 € · companies in the industry: 1 274
  • Revenue · 2025 132 232 €
    industry median 2 265 € · companies in the industry: 7 180
  • Net profit margin · 2025 17.4 %
    industry median 6.7 % · companies in the industry: 5 232

Taxes and turnover

Q3 2025 – Q3 2026
Turnover, € thousand Q3 2026: 30 665 € · −8.7% vs Q2 2026 · industry median 8 170 € · above 80% of the industry
0255075100125Q3 2025 Company: 2 035 € Industry median: 9 084 €Q3·25Q4 2025 Company: 28 465 € Industry median: 10 603 €Q4·25Q1 2026 Company: 106 350 € Industry median: 10 589 €Q1·26Q2 2026 Company: 33 600 € Industry median: 11 116 €Q2·26Q3 2026 Company: 30 665 € Industry median: 8 170 €Q3·260255075100125Q3 2025 Company: 2 035 € Industry median: 9 084 €Q3·25Q4 2025 Company: 28 465 € Industry median: 10 603 €Q1 2026 Company: 106 350 € Industry median: 10 589 €Q1·26Q2 2026 Company: 33 600 € Industry median: 11 116 €Q3 2026 Company: 30 665 € Industry median: 8 170 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q1 2026: 742 € · industry median 1 116 € · above 28% of the industry
02505007501 0001 250Q3 2025 Company: — Industry median: 1 134 €Q3·25Q4 2025 Company: 0 € Industry median: 1 126 €Q4·25Q1 2026 Company: 742 € Industry median: 1 116 €Q1·26Q2 2026 Company: — Industry median: 1 179 €Q2·26Q3 2026 Company: — Industry median: 1 198 €Q3·2602505007501 0001 250Q3 2025 Company: — Industry median: 1 134 €Q3·25Q4 2025 Company: 0 € Industry median: 1 126 €Q1 2026 Company: 742 € Industry median: 1 116 €Q1·26Q2 2026 Company: — Industry median: 1 179 €Q3 2026 Company: — Industry median: 1 198 €Q3·26
  • Company
  • Industry median

Industry: Education (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
0.00.20.40.60.81.0Q3 2025 Company: —Q3·25Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q1·26Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q3 2025 Company: —Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 4 653 € · −29.4% vs Q2 2026
05 00010 00015 00020 000Q3 2025 Company: 432 €Q3·25Q4 2025 Company: 5 963 €Q4·25Q1 2026 Company: 17 864 €Q1·26Q2 2026 Company: 6 595 €Q2·26Q3 2026 Company: 4 653 €Q3·2605 00010 00015 00020 000Q3 2025 Company: 432 €Q3·25Q4 2025 Company: 5 963 €Q1 2026 Company: 17 864 €Q1·26Q2 2026 Company: 6 595 €Q3 2026 Company: 4 653 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 30 665 4 653 — —
Q2 2026 33 600 6 595 742 —
Q1 2026 106 350 17 864 742 1
Q4 2025 28 465 5 963 — 1
Q3 2025 2 035 432 — —

Financials by year

2024 – 2025
Revenue, € thousand 2025: 132 232 € · +929.0% vs 2024 · industry median 2 265 € · above 98% of the industry
0501001502024 Company: 12 850 € Industry median: 2 003 €20242025 Company: 132 232 € Industry median: 2 265 €20250501001502024 Company: 12 850 € Industry median: 2 003 €2025 Company: 132 232 € Industry median: 2 265 €2025
  • Company
  • Industry median

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

Net profit, € 2025: 22 972 € · +78.8% vs 2024 · industry median 136 € · above 95% of the industry
05 00010 00015 00020 00025 0002024 Company: 12 850 € Industry median: 102 €20242025 Company: 22 972 € Industry median: 136 €202505 00010 00015 00020 00025 0002024 Company: 12 850 € Industry median: 102 €2025 Company: 22 972 € Industry median: 136 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 17.4 % · −82.6 pp vs the year before · industry median 6.7 % · above 63% of the industry
0204060801002024 Company: 100.0 % Industry median: 7.1 %20242025 Company: 17.4 % Industry median: 6.7 %20250204060801002024 Company: 100.0 % Industry median: 7.1 %2025 Company: 17.4 % Industry median: 6.7 %2025
  • Company
  • Industry median

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

Assets, € 2025: 63 086 € · +383.4% vs 2024
020 00040 00060 00080 0002024 Company: 13 050 €20242025 Company: 63 086 €2025020 00040 00060 00080 0002024 Company: 13 050 €2025 Company: 63 086 €2025
Equity, € 2025: 36 022 € · +176.0% vs 2024
010 00020 00030 00040 0002024 Company: 13 050 €20242025 Company: 36 022 €2025010 00020 00030 00040 0002024 Company: 13 050 €2025 Company: 36 022 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Education (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 132 232 22 972 1 729 63 086 36 022 0
2024 12 850 12 850 0 13 050 13 050 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
17.4 %
Net profit / revenue
Return on equity (ROE)
63.8 %
Net profit / equity
Return on assets (ROA)
36.4 %
Net profit / assets
Equity ratio
57.1 %
Equity / assets
Debt ratio
42.9 %
Liabilities / assets
Current ratio
2.33
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 17 Jun 2026 Company’s own e-Äriregister
2024 22 May 2024 – 31 Dec 2024 22 Jun 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 85599Other education n.e.c. Main

Rulings 3

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50253514
22 May 2024
 First entry In force
22 May 2024
 PDF
Ä 50253514 / M2
20 May 2024
 Procedural ruling In force
20 May 2024
 PDF
Ä 50253514 / M1
22 Apr 2024
 Ruling to eliminate deficiencies 22 May 2024 Deficiencies eliminated
22 May 2024
 PDF

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