Sihtasutus Euroopa Kool

Active Registry code 90014537 SA Tallinn Registered 10 Dec 2018

Sihtasutus Euroopa Kool is a SA based in Tallinn, registry code 90014537, status: active. Main activity: Basic schools. Its annual report for 2025 shows revenue of €0 and 105 employees.

Turnover

—

State taxes

521 160 €

↑ 10.6% vs Q2 2026

Labour taxes

567 428 €

↑ 11.6% vs Q2 2026

Employees

141

+6 vs Q2 2026

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

Position in the industry Education · EMTAK 85

Labour taxes per employee 4 024 €

above 98% of companies

industry median 1 198 € · companies in the industry: 2 039
Revenue · 2025 0 €

above 5% of companies

industry median 2 265 € · companies in the industry: 7 180

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q2 2026: 6 968 € · +1 458.8% vs Q1 2026 · industry median 11 116 € · above 40% 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: 4 024 € · +6.8% vs Q2 2026 · industry median 1 198 € · above 98% of the industry

Company
Industry median

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

Employees Q3 2026: 141 · +4.4% vs Q2 2026

State taxes, € thousand Q3 2026: 521 160 € · +10.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	—	521 160	567 428	141
Q2 2026	6 968	471 249	508 505	135
Q1 2026	447	599 991	645 431	150
Q4 2025	29 139	502 958	531 335	148
Q3 2025	69	528 153	567 995	142
Q2 2025	1 137	515 597	551 416	133
Q1 2025	4 068	506 275	539 286	145
Q4 2024	23 543	465 270	491 434	140
Q3 2024	2 654	519 330	554 578	135
Q2 2024	21	448 131	475 913	129
Q1 2024	3 991	448 844	474 154	143
Q4 2023	18 775	414 446	436 680	134
Q3 2023	6 057	410 845	437 006	128
Q2 2023	3 352	406 019	431 433	114
Q1 2023	1 468	392 573	416 530	127
Q4 2022	16 373	353 348	372 230	122
Q3 2022	8 474	372 479	393 334	118
Q2 2022	—	365 072	385 192	116
Q1 2022	5 800	357 439	375 487	142

Labour taxes per employee per month

1 341 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 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, € thousand 2025: -85 294 € · −113.3% 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: 2 837 786 € · +7.7% vs 2024

Equity, € thousand 2025: 1 375 310 € · −5.8% vs 2024

Employees 2025: 105 · +1.9% vs 2024 · industry median 1 · above 98% 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	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	-85 294	5 367 027	2 837 786	1 375 310	105
2024	640 393	4 899 543	2 633 776	1 460 604	103
2023	435 817	4 291 300	2 056 828	820 211	98
2022	-69 893	3 754 735	1 597 190	384 394	96
2021	278 158	3 359 518	1 400 211	454 287	92
2020	36 760	3 046 187	986 264	176 129	83
2019	107 533	2 890 992	860 996	139 369	79

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

-1.2 %

Net profit / revenue

Return on equity (ROE)

-6.2 %

Net profit / equity

Return on assets (ROA)

-3.0 %

Net profit / assets

Equity ratio

48.5 %

Equity / assets

Debt ratio

51.5 %

Liabilities / assets

Current ratio

1.83

Current assets / current liabilities

Revenue per employee

66 468 €

Revenue / average full-time employees

Labour cost per employee per month

4 260 €

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	15 Apr 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	10 Apr 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	5 Apr 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	21 Aug 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	9 Mar 2023	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	13 Apr 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	9 Apr 2020	Company’s own · audited	e-Äriregister

Board

Karmen Paul
Board member · since 25 Aug 2023

Right of representation

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

Owners

No owner information.

Beneficial owners

Kaarel Rundu
Exercises founder’s rights, supervisory or management board member · since 12 May 2026
Triin Käpp
Exercises founder’s rights, supervisory or management board member · since 12 May 2026
Karmen Paul
Exercises founder’s rights, supervisory or management board member · since 12 Feb 2024
Pille-Liis Milvere
Exercises founder’s rights, supervisory or management board member · since 17 Nov 2021
Kristi Täht
Exercises founder’s rights, supervisory or management board member · since 14 May 2021
Martti Kalvik
Exercises founder’s rights, supervisory or management board member · since 14 May 2021

Founders and other persons

Triin Käpp
Chairman of the supervisory board · 27 Sep 2024
Kaarel Rundu
Supervisory board member · 27 Sep 2024
Kristi Täht
Supervisory board member · 27 Sep 2024
Martti Kalvik
Supervisory board member · 27 Sep 2024
Pille-Liis Milvere
Supervisory board member · 27 Sep 2024

shared board members, owners or beneficial owners

Activities (EMTAK)

85312Basic schools Main

Rulings 17

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
S 50108632 / M9 19 Jun 2024	Ruling to correct data outside an entry	3 Jul 2024	In force 19 Jun 2024	PDF
S 50108632 / 8 25 Aug 2023	Amendment entry		In force 25 Aug 2023	PDF
S 50108632 / 7 6 Mar 2023	Amendment entry		In force 6 Mar 2023	PDF
S 50108632 / 6 1 Feb 2023	Amendment entry		In force 1 Feb 2023	PDF
S 50108632 / 5 14 Nov 2022	Amendment entry		In force 14 Nov 2022	PDF
S 50108632 / M8 24 Oct 2022	Ruling to eliminate deficiencies	13 Nov 2022	Deficiencies eliminated 14 Nov 2022	PDF
S 50108632 / 4 20 Jul 2022	Amendment entry		In force 20 Jul 2022	PDF
S 50108632 / M7 22 Nov 2021	Ruling to correct data outside an entry	7 Dec 2021	Deficiencies eliminated 24 Nov 2021	PDF
S 50108632 / M6 21 Sep 2021	Ruling to correct data outside an entry	11 Oct 2021	Deficiencies eliminated 24 Sep 2021	PDF
S 50108632 / M5 21 May 2021	Ruling to correct data outside an entry	20 Jun 2021	Deficiencies eliminated 27 May 2021	PDF
S 50108632 / M4 17 Dec 2019	Ruling to eliminate deficiencies	6 Jan 2020	Deficiencies eliminated 8 Jan 2020	PDF
S 50108632 / 3 20 Sep 2019	Amendment entry		In force 20 Sep 2019	PDF
S 50108632 / M3 18 Sep 2019	Ruling to correct data outside an entry	28 Sep 2019	Deficiencies eliminated 20 Sep 2019	PDF
S 50108632 / 2 10 Apr 2019	Amendment entry		In force 10 Apr 2019	PDF
S 50108632 / M2 2 Apr 2019	Ruling to eliminate deficiencies	17 Apr 2019	Deficiencies eliminated 10 Apr 2019	PDF
S 50108632 10 Dec 2018	First entry		In force 10 Dec 2018	PDF
S 50108632 / M1 7 Dec 2018	Ruling to eliminate deficiencies	6 Jan 2019	Deficiencies eliminated 10 Dec 2018	PDF

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

Sihtasutus Euroopa Kool

Position in the industry Education · EMTAK 85

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 17