Mittetulundusühing WAF is a MTÜ based in Tallinn, registry code 80226161, status: active. Main activity: Music and art education. According to EMTA, turnover for Q3 2026 was €4 429 with 6 employees.
Turnover
4 429 €
↑ 63.0%vs Q2 2026
State taxes
15 474 €
↓ 11.1%vs Q2 2026
Labour taxes
16 457 €
↓ 11.5%vs Q2 2026
Employees
6
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Education · EMTAK 85
Turnover · Q3 20264 429 €
above 35% of companies
industry median 8 170 € · companies in the industry: 1 274
Labour taxes per employee2 743 €
above 82% of companies
industry median 1 198 € · companies in the industry: 2 039
Revenue · 20250 €
above 5% of companies
industry median 2 265 € · companies in the industry: 7 180
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 4 429 € · +63.0% vs Q2 2026 · industry median 8 170 € · above 35% of the industry
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, € Q3 2026: 2 743 € · −11.5% vs Q2 2026 · industry median 1 198 € · above 82% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 6 · +0.0% vs Q2 2026State taxes, € Q3 2026: 15 474 € · −11.1% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
4 429
15 474
16 457
6
Q2 2026
2 717
17 398
18 588
6
Q1 2026
2 895
20 142
19 307
6
Q4 2025
3 236
16 549
16 274
5
Q3 2025
3 306
13 949
13 889
5
Q2 2025
3 413
15 832
15 487
5
Q1 2025
11 846
16 662
14 557
5
Q4 2024
2 947
12 328
12 209
5
Q3 2024
4 257
10 615
10 638
5
Q2 2024
2 450
12 231
12 177
5
Q1 2024
8 539
9 489
8 118
5
Q4 2023
3 273
9 549
9 553
3
Q3 2023
2 230
9 637
9 586
3
Q2 2023
10 593
10 801
9 586
3
Q1 2023
9 879
10 742
9 587
3
Q4 2022
4 159
10 811
9 608
3
Q3 2022
3 000
10 259
9 733
3
Q2 2022
16 576
12 588
9 608
3
Q1 2022
12 883
10 570
9 608
3
Labour taxes per employee per month
914 €
Turnover per employee in the quarter
738 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € 2025: 0 € · industry median 2 265 € · above 5% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -34 256 € · −250.8% vs 2024 · industry median 136 € · above 2% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 128 243 € · −26.1% vs 2024Equity, € thousand 2025: 98 378 € · −25.8% vs 2024Employees2025: 5 · +25.0% vs 2024 · industry median 1 · above 90% of the industry
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
0
-34 256
162 763
128 243
98 378
5
2024
0
22 710
125 494
173 503
132 607
4
2023
0
-1 637
105 782
150 276
109 857
3
2022
0
37 785
103 208
147 293
111 493
3
2021
0
14 653
74 617
115 485
73 708
3
2020
0
14 944
30 607
74 447
59 045
1
2019
0
17 745
24 919
65 244
44 101
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
1
2014
—
—
—
—
—
1
2013
—
—
—
—
—
2
2012
—
—
—
—
—
2
2011
—
—
—
—
—
3
2010
—
—
—
—
—
3
2009
—
—
—
—
—
3
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
-8.1 %
Net profit / revenue
Return on equity (ROE)
-34.8 %
Net profit / equity
Return on assets (ROA)
-26.7 %
Net profit / assets
Equity ratio
76.7 %
Equity / assets
Debt ratio
23.3 %
Liabilities / assets
Current ratio
4.11
Current assets / current liabilities
Revenue per employee
84 952 €
Revenue / average full-time employees
Labour cost per employee per month
2 713 €
Labour costs / employees / 12 months (incl. employer taxes)
