Sihtasutus Inicio

Active Registry code 90011378 SA Tartu linn Registered 11 Mar 2009
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Sihtasutus Inicio is a SA based in Tartu linn, registry code 90011378, status: active. Main activity: Activities of other business and employers organisations. According to EMTA, turnover for Q3 2026 was €0 with 3 employees.

Turnover
0 €
State taxes
16 988 €
↑ 12.2% vs Q2 2026
Labour taxes
18 394 €
↑ 12.4% vs Q2 2026
Employees
3
+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 6 131 €
    industry median 1 196 € · companies in the industry: 1 009
  • Revenue · 2025 0 €
    industry median 0 € · companies in the industry: 6 612

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 0 € · industry median 7 682 € · above 2% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 0 € Industry median: 11 907 €Q4·23Q1 2024 Company: 0 € Industry median: 7 223 €Q2 2024 Company: 0 € Industry median: 8 724 €Q2·24Q3 2024 Company: 0 € Industry median: 7 690 €Q4 2024 Company: 0 € Industry median: 10 621 €Q4·24Q1 2025 Company: 0 € Industry median: 7 873 €Q2 2025 Company: 0 € Industry median: 9 663 €Q2·25Q3 2025 Company: 0 € Industry median: 6 972 €Q4 2025 Company: 0 € Industry median: 11 696 €Q4·25Q1 2026 Company: 0 € Industry median: 7 800 €Q2 2026 Company: 0 € Industry median: 8 470 €Q2·26Q3 2026 Company: 0 € Industry median: 7 682 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 0 € Industry median: 10 621 €Q1 2025 Company: 0 € Industry median: 7 873 €Q1·25Q2 2025 Company: 0 € Industry median: 9 663 €Q3 2025 Company: 0 € Industry median: 6 972 €Q3·25Q4 2025 Company: 0 € Industry median: 11 696 €Q1 2026 Company: 0 € Industry median: 7 800 €Q1·26Q2 2026 Company: 0 € Industry median: 8 470 €Q3 2026 Company: 0 € Industry median: 7 682 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 6 131 € · −25.1% vs Q2 2026 · industry median 1 196 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 2 201 € Industry median: 946 €Q4·23Q1 2024 Company: 3 795 € Industry median: 1 038 €Q2 2024 Company: 3 047 € Industry median: 1 014 €Q2·24Q3 2024 Company: 3 046 € Industry median: 1 062 €Q4 2024 Company: 3 061 € Industry median: 1 002 €Q4·24Q1 2025 Company: 6 475 € Industry median: 1 052 €Q2 2025 Company: 9 108 € Industry median: 1 092 €Q2·25Q3 2025 Company: 7 849 € Industry median: 1 115 €Q4 2025 Company: 7 736 € Industry median: 1 117 €Q4·25Q1 2026 Company: 7 451 € Industry median: 1 128 €Q2 2026 Company: 8 183 € Industry median: 1 166 €Q2·26Q3 2026 Company: 6 131 € Industry median: 1 196 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 3 061 € Industry median: 1 002 €Q1 2025 Company: 6 475 € Industry median: 1 052 €Q1·25Q2 2025 Company: 9 108 € Industry median: 1 092 €Q3 2025 Company: 7 849 € Industry median: 1 115 €Q3·25Q4 2025 Company: 7 736 € Industry median: 1 117 €Q1 2026 Company: 7 451 € Industry median: 1 128 €Q1·26Q2 2026 Company: 8 183 € Industry median: 1 166 €Q3 2026 Company: 6 131 € Industry median: 1 196 €Q3·26
  • 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: 3 · +50.0% vs Q2 2026
01234Q4 2023 Company: 4Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 3Q3·260123Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 16 988 € · +12.2% vs Q2 2026
05 00010 00015 00020 000Q4 2023 Company: 8 130 €Q4·23Q1 2024 Company: 7 004 €Q2 2024 Company: 5 620 €Q2·24Q3 2024 Company: 5 619 €Q4 2024 Company: 5 646 €Q4·24Q1 2025 Company: 11 750 €Q2 2025 Company: 8 424 €Q2·25Q3 2025 Company: 7 259 €Q4 2025 Company: 7 155 €Q4·25Q1 2026 Company: 13 824 €Q2 2026 Company: 15 136 €Q2·26Q3 2026 Company: 16 988 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 5 646 €Q1 2025 Company: 11 750 €Q1·25Q2 2025 Company: 8 424 €Q3 2025 Company: 7 259 €Q3·25Q4 2025 Company: 7 155 €Q1 2026 Company: 13 824 €Q1·26Q2 2026 Company: 15 136 €Q3 2026 Company: 16 988 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 16 988 18 394 3
Q2 2026 — 15 136 16 366 2
Q1 2026 — 13 824 14 902 2
Q4 2025 — 7 155 7 736 1
Q3 2025 — 7 259 7 849 1
Q2 2025 — 8 424 9 108 1
Q1 2025 — 11 750 12 950 2
Q4 2024 — 5 646 6 121 2
Q3 2024 — 5 619 6 092 2
Q2 2024 — 5 620 6 093 2
Q1 2024 — 7 004 7 589 2
Q4 2023 — 8 130 8 805 4
Q3 2023 — 3 674 3 934 4
Q2 2023 — 624 668 2
Q1 2023 — 1 494 1 620 —
Q4 2022 — 4 082 4 399 1
Q3 2022 — 12 199 13 225 2
Q2 2022 — 11 202 12 145 4
Q1 2022 — 8 734 8 475 3
Labour taxes per employee per month
2 044 €
Turnover per employee in the quarter
0 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € 2025: 0 € · industry median 0 € · above 5% of the industry
0.00.00.00.00.00.02016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0 € Industry median: 0 €20192020 Company: 0 € Industry median: 0 €20202021 Company: 0 € Industry median: 0 €20212022 Company: 0 € Industry median: 0 €20222023 Company: 0 € Industry median: 0 €20232024 Company: 0 € Industry median: 0 €20242025 Company: 0 € Industry median: 0 €20250.00.00.00.00.00.02018 Company: — Industry median: —2019 Company: 0 € Industry median: 0 €20192020 Company: 0 € Industry median: 0 €2021 Company: 0 € Industry median: 0 €20212022 Company: 0 € Industry median: 0 €2023 Company: 0 € Industry median: 0 €20232024 Company: 0 € Industry median: 0 €2025 Company: 0 € Industry median: 0 €2025
  • 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, € 2025: -53 104 € · −233.0% vs 2024 · industry median 0 € · above 2% of the industry
-60 000-40 000-20 000020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -125 € Industry median: 5 €20192020 Company: -1 321 € Industry median: 28 €20202021 Company: -13 795 € Industry median: 10 €20212022 Company: -22 416 € Industry median: 0 €20222023 Company: -25 678 € Industry median: 0 €20232024 Company: -15 949 € Industry median: 0 €20242025 Company: -53 104 € Industry median: 0 €2025-60 000-40 000-20 000020 0002018 Company: — Industry median: —2019 Company: -125 € Industry median: 5 €20192020 Company: -1 321 € Industry median: 28 €2021 Company: -13 795 € Industry median: 10 €20212022 Company: -22 416 € Industry median: 0 €2023 Company: -25 678 € Industry median: 0 €20232024 Company: -15 949 € Industry median: 0 €2025 Company: -53 104 € Industry median: 0 €2025
  • 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: 85 246 € · +3.4% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 492 €20192020 Company: 104 240 €20202021 Company: 44 531 €20212022 Company: 57 056 €20222023 Company: 172 375 €20232024 Company: 82 453 €20242025 Company: 85 246 €20250501001502002018 Company: —2019 Company: 4 492 €20192020 Company: 104 240 €2021 Company: 44 531 €20212022 Company: 57 056 €2023 Company: 172 375 €20232024 Company: 82 453 €2025 Company: 85 246 €2025
Equity, € thousand 2025: -127 771 € · −71.1% vs 2024
-150-100-500502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 492 €20192020 Company: 3 171 €20202021 Company: -10 624 €20212022 Company: -33 040 €20222023 Company: -58 718 €20232024 Company: -74 667 €20242025 Company: -127 771 €2025-150-100-500502018 Company: —2019 Company: 4 492 €20192020 Company: 3 171 €2021 Company: -10 624 €20212022 Company: -33 040 €2023 Company: -58 718 €20232024 Company: -74 667 €2025 Company: -127 771 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
01232016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 3 Industry median: 120202021 Company: 3 Industry median: 120212022 Company: 2 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 1202501232018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 3 Industry median: 12021 Company: 3 Industry median: 120212022 Company: 2 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • 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 -53 104 0 85 246 -127 771 1
2024 0 -15 949 1 217 82 453 -74 667 1
2023 0 -25 678 589 172 375 -58 718 1
2022 0 -22 416 0 57 056 -33 040 2
2021 0 -13 795 0 44 531 -10 624 3
2020 0 -1 321 34 193 104 240 3 171 3
2019 0 -125 0 4 492 4 492 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 4
2012 — — — — — 4
2011 — — — — — 4
2010 — — — — — 3
2009 — — — — — 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
-103.2 %
Net profit / revenue
Return on assets (ROA)
-62.3 %
Net profit / assets
Equity ratio
-149.9 %
Equity / assets
Debt ratio
249.9 %
Liabilities / assets
Current ratio
0.49
Current assets / current liabilities
Revenue per employee
51 468 €
Revenue / average full-time employees
Labour cost per employee per month
0 €
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 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 24 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 13 Sep 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 3 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 May 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

No owner information.

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 94119Activities of other business and employers organisations Main
Rulings
Number, date Title Deadline State Document
S 20043878 / M5
19 May 2023
Ruling annulling a ruling In force
19 May 2023
PDF
S 20043878 / 10
19 May 2023
Amendment entry In force
19 May 2023
PDF
S 20043878 / 9
1 Feb 2023
Amendment entry In force
1 Feb 2023
PDF
S 20043878 / 8
15 Sep 2022
Amendment entry In force
15 Sep 2022
PDF
S 20043878 / 7
31 Dec 2018
Amendment entry In force
31 Dec 2018
PDF
S 20043878 / 6
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
S 20043878 / 5
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
S 20043878 / M3
23 Sep 2016
Refund of the state fee In force
23 Sep 2016
PDF
S 20043878 / 4
20 Nov 2015
Amendment entry In force
20 Nov 2015
PDF
S 20043878 / 3
7 Apr 2015
Amendment under Commercial Code § 525 (2) In force
7 Apr 2015
PDF
S 20043878 / 2
14 Apr 2010
Amendment entry In force
14 Apr 2010
PDF
S 20043878 / M2
7 Apr 2010
Ruling to eliminate deficiencies 7 Apr 2010 In force
7 Apr 2010
PDF
S 43878 / M1
11 Mar 2009
Ruling to eliminate deficiencies In force
11 Mar 2009
PDF
S 43878
11 Mar 2009
First entry In force
11 Mar 2009
PDF

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