Heateo Sihtasutus

Active Registry code 90008175 SA Tallinn Registered 18 Jun 2003

Heateo Sihtasutus is a SA based in Tallinn, registry code 90008175, status: active. Main activity: Activities of other membership organisations n.e.c.. Its annual report for 2025 shows revenue of €0 and 8 employees.

Turnover

—

State taxes

29 738 €

↑ 5.9% vs Q2 2026

Labour taxes

32 727 €

↑ 5.0% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Activities of membership organisations · EMTAK 94

Labour taxes per employee 8 182 €

above 98% of companies

industry median 1 196 € · companies in the industry: 1 009
Revenue · 2025 0 €

above 5% of companies

industry median 0 € · companies in the industry: 6 612

Taxes and turnover

Q4 2023 – Q3 2026

Labour taxes per employee, € Q3 2026: 8 182 € · +31.2% vs Q2 2026 · industry median 1 196 € · above 98% of the industry

Company
Industry median

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

Employees Q3 2026: 4 · −20.0% vs Q2 2026

State taxes, € Q3 2026: 29 738 € · +5.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	29 738	32 727	4
Q2 2026	—	28 073	31 178	5
Q1 2026	—	31 129	34 235	5
Q4 2025	—	37 802	41 865	6
Q3 2025	—	45 886	51 416	7
Q2 2025	—	37 625	42 430	10
Q1 2025	—	38 021	41 434	9
Q4 2024	—	25 381	27 406	8
Q3 2024	—	30 770	33 277	6
Q2 2024	—	27 009	29 201	7
Q1 2024	—	19 168	20 741	7
Q4 2023	—	18 010	19 518	4
Q3 2023	—	23 516	25 387	5
Q2 2023	—	27 591	29 652	6
Q1 2023	—	23 440	25 422	6
Q4 2022	—	24 153	26 025	6
Q3 2022	—	21 245	23 035	7
Q2 2022	—	21 855	23 704	5
Q1 2022	—	16 860	18 134	6

Labour taxes per employee per month

2 727 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 0 € · industry median 0 € · above 5% of the industry

Company
Industry median

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

Net profit, € thousand 2025: -35 902 € · −132.7% vs 2024 · industry median 0 € · above 2% of the industry

Company
Industry median

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

Assets, € thousand 2025: 581 920 € · −39.1% vs 2024

Equity, € thousand 2025: 247 256 € · −12.7% vs 2024

Employees 2025: 8 · +33.3% vs 2024 · industry median 1 · above 92% of the industry

Company
Industry median

Industry: Activities of membership organisations (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	-35 902	401 075	581 920	247 256	8
2024	0	109 922	289 440	956 300	283 158	6
2023	0	19 547	219 783	986 185	157 036	5
2022	0	10 280	230 395	632 699	137 489	5
2021	0	-3 491	189 171	616 521	127 209	5
2020	0	40 659	154 324	710 846	130 701	4
2019	0	32 233	157 097	673 862	90 041	4
2018	—	—	—	—	—	5
2017	—	—	—	—	—	4
2016	—	—	—	—	—	4
2015	—	—	—	—	—	6
2014	—	—	—	—	—	6
2013	—	—	—	—	—	4
2012	—	—	—	—	—	5
2011	—	—	—	—	—	5
2010	—	—	—	—	—	4
2009	—	—	—	—	—	5
2008	—	—	—	—	—	11
2007	—	—	—	—	—	7
2006	—	—	—	—	—	6
2005	—	—	—	—	—	2
2004	—	—	—	—	—	2
2003	—	—	—	—	—	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

-4.1 %

Net profit / revenue

Return on equity (ROE)

-14.5 %

Net profit / equity

Return on assets (ROA)

-6.2 %

Net profit / assets

Equity ratio

42.5 %

Equity / assets

Debt ratio

57.5 %

Liabilities / assets

Current ratio

1.74

Current assets / current liabilities

Revenue per employee

108 825 €

Revenue / average full-time employees

Labour cost per employee per month

4 178 €

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 · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	11 Jul 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	13 Jul 2020	Company’s own · audited	e-Äriregister

Board

Pirkko Valge
Board member · since 14 May 2015

Right of representation

Any member of the management board may represent the foundation in all transactions.

Owners

No owner information.

Owner in

Beneficial owners

Tõnu Runnel
Exercises founder’s rights, supervisory or management board member · since 20 May 2026
Andres Suimets
Exercises founder’s rights, supervisory or management board member · since 16 Jan 2023
Martin Villig
Exercises founder’s rights, supervisory or management board member · since 25 Jul 2019
Külli Lilleorg
Exercises founder’s rights, supervisory or management board member · since 12 Nov 2018
Pirkko Valge
Exercises founder’s rights, supervisory or management board member · since 22 Oct 2018

Founders and other persons

Aavo Kokk
Founder · 1 € · 18 Jun 2003
Artur Taevere
Founder · 1 € · 18 Jun 2003
Hannes Tamjärv
Founder · 1 € · 18 Jun 2003
Ilmar Raag
Founder · 1 € · 18 Jun 2003
Kristina Mänd
Founder · 1 € · 18 Jun 2003
Linnar Viik
Founder · 1 € · 18 Jun 2003
Urmas Klaas
Founder · 1 € · 18 Jun 2003
Andres Suimets
Chairman of the supervisory board · 7 Jun 2026
Külli Lilleorg
Supervisory board member · 4 Oct 2023
Tõnu Runnel
Supervisory board member · 26 Aug 2025
Martin Villig
Supervisory board member · 7 Jun 2026
Kristi Klaasmägi
Supervisory board member · 29 Sep 2026

shared board members, owners or beneficial owners

Activities (EMTAK)

9499Activities of other membership organisations n.e.c. Main

Rulings 26

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
S 10072985 / 17 1 Feb 2023	Amendment entry		In force 1 Feb 2023	PDF
S 10072985 / M9 22 Sep 2021	Procedural ruling	22 Oct 2021	Deficiencies eliminated 20 Oct 2021	PDF
S 10072985 / 16 8 Oct 2019	Amendment entry		In force 8 Oct 2019	PDF
S 10072985 / M8 1 Nov 2018	Ruling to correct data outside an entry	13 Nov 2018	Deficiencies eliminated 7 Nov 2018	PDF
S 10072985 / 15 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
S 10072985 / 14 13 Feb 2017	Amendment entry		In force 13 Feb 2017	PDF
S 10072985 / 13 12 Sep 2016	Amendment entry		In force 12 Sep 2016	PDF
S 10072985 / 12 14 May 2015	Amendment entry		In force 14 May 2015	PDF
S 10072985 / M7 7 May 2015	Ruling to eliminate deficiencies	6 Jun 2015	Deficiencies eliminated 14 May 2015	PDF
S 10072985 / M6 19 Aug 2014	Ruling to correct data outside an entry	18 Sep 2014	Deficiencies eliminated 19 Aug 2014	PDF
S 10072985 / 11 16 Jul 2014	Amendment under Commercial Code § 525 (2)		In force 16 Jul 2014	PDF
S 10072985 / 10 19 Oct 2013	Amendment entry		In force 19 Oct 2013	PDF
S 10072985 / M5 25 Sep 2013	Ruling to eliminate deficiencies	25 Oct 2013	Deficiencies eliminated 19 Oct 2013	PDF
S 10072985 / 9 28 Aug 2013	Amendment entry		In force 28 Aug 2013	PDF
S 10072985 / 8 16 Oct 2012	Amendment entry		In force 16 Oct 2012	PDF
S 10072985 / M4 2 Oct 2012	Ruling to eliminate deficiencies	2 Dec 2012	In force 2 Oct 2012	PDF
S 72985 / 7 2 Dec 2009	Amendment under Commercial Code § 525 (2)		In force 2 Dec 2009	PDF
S 72985 / 6 28 Aug 2009	Amendment entry		In force 28 Aug 2009	PDF
S 72985 / M3 21 Aug 2009	Ruling to eliminate deficiencies	21 Sep 2009	In force 21 Aug 2009	PDF
S 72985 / M2 5 Aug 2009	Ruling to eliminate deficiencies	14 Sep 2009	In force 5 Aug 2009	PDF
S 72985 / 5 20 Feb 2008	Amendment entry		In force 20 Feb 2008	PDF
S 72985 / M1 14 Feb 2008	Ruling to eliminate deficiencies (to be served)		In force 18 Feb 2008	PDF
S 72985 / 4 18 Jan 2008	Amendment entry		In force 18 Jan 2008	PDF
S 72985 / 3 14 Dec 2006	Amendment entry		In force 14 Dec 2006	PDF
S 72985 / 2 22 May 2006	Amendment entry		In force 22 May 2006	PDF
S 72985 18 Jun 2003	First entry		In force	PDF

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

Heateo Sihtasutus

Position in the industry Activities of membership organisations · EMTAK 94

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 26