osaühing Baltic Connexions

Legal form:: Private limited company
Registry code:: 10273791
VAT no.:: EE100276352
Fiscal-year period:: 01.01 - 31.12
Established:: 25.09.1997 (29 y)
Capital:: 40 000 EUR
Address:: Voldi tee 10/2, Tabivere alevik, Tartu vald, Tartu maakond, 49127
Status:: Registered
E-invoice reception:: Telema

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Contacts

Phone:: +372 7766966
Email:: balcon@balcon.ee

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Industries

MANUFACTURING
Wood processing and manufacture of wood and cork products, except furniture; manufacture of articles of straw and plaiting materials
Manufacture of products of wood, cork, straw and plaiting materials
Manufacture of builders’ carpentry and joinery
16231 – Manufacture of prefabricated wooden buildings and elements
Sawing and planing of wood; wood processing and finishing
16111 – Sawing and planing of wood

Industry TOPNo. 6 of 184 companies

1.osaühing Harmet106.2M €
2.AS Palmako102.8M €
3.OÜ Module Tech25.7M €
4.Ramirent Modular Factory AS21.1M €
5.OÜ Saru Lauavabrik20.6M €
6.osaühing Baltic Connexions16M €
7.Osaühing NOVARA15.3M €
8.Compact Home OÜ14.4M €
9.Auroom OÜ13.5M €
10.Ecosauna Project OÜ10.7M €

Main activity 16231 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100276352	01.01.1994	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	25.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	26.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	09.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	13.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	15.07.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	05.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	11.06.2019	Valid	PDF
2017	01.05.2017 – 31.12.2017	27.09.2018	Valid	PDF
2016	01.05.2016 – 30.04.2017	28.07.2017	Valid	PDF
2015	01.05.2015 – 30.04.2016	12.09.2016	Valid	PDF
2014	01.05.2014 – 30.04.2015	22.07.2015	Valid	PDF
2013	01.05.2013 – 30.04.2014	29.07.2014	Valid	PDF
2012	01.05.2012 – 30.04.2013	23.07.2013	Valid	PDF
2011	01.05.2011 – 30.04.2012	03.08.2012	Valid	PDF
2010	01.05.2010 – 30.04.2011	11.08.2011	Valid	PDF
2009	01.05.2009 – 30.04.2010	13.07.2010	Valid	PDF
2008	01.05.2008 – 30.04.2009	15.09.2009	Expired	PDF
2007	01.05.2007 – 30.04.2008	13.10.2008	Valid	PDF
2006	01.05.2006 – 30.04.2007	11.09.2007	Valid	PDF
2005	01.05.2005 – 30.04.2006	22.09.2006	Valid	PDF
2004	01.05.2004 – 30.04.2005	26.07.2005	Valid	PDF
2003	01.05.2003 – 30.04.2004	28.07.2004	Valid	PDF
2002	01.05.2002 – 30.04.2003	22.09.2003	Valid	PDF
2001	01.05.2001 – 30.04.2002	10.10.2002	Valid	PDF
2000	01.05.2000 – 30.04.2001	31.08.2001	Valid	PDF

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No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate2 .ee domains3 Licenses1 Regulations38 Public transactions16 Grants3 State aid16 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	552 378 €	362 838 €	4,55 M €−22,2%	60
2026 Q2	0 €	235 867 €	5,85 M €+144%	60
2026 Q1	172 462 €	246 415 €	2,40 M €−25,8%	61
Total 2026:	724 840 €	845 120 €	12,8 M €
2025 Q4	85 095 €	249 890 €	3,23 M €−16,5%	61
2025 Q3	364 015 €	348 505 €	3,87 M €−42,6%	61
2025 Q2	0 €	256 372 €	6,74 M €+158%	61
2025 Q1	71 248 €	246 789 €	2,62 M €−22,0%	64
Total 2025:	520 358 €	1,10 M €	16,5 M €
2024 Q4	26 539 €	230 168 €	3,36 M €−16,8%	63
2024 Q3	247 100 €	263 436 €	4,04 M €−35,6%	60
2024 Q2	0 €	200 779 €	6,27 M €+183%	56
2024 Q1	45 857 €	187 043 €	2,21 M €−16,7%	55
Total 2024:	319 496 €	881 426 €	15,9 M €
2023 Q4	151 666 €	221 726 €	2,66 M €−27,5%	56
2023 Q3	326 337 €	245 161 €	3,67 M €−32,5%	58
2023 Q2	90 832 €	182 183 €	5,43 M €+174%	60
2023 Q1	163 029 €	173 766 €	1,98 M €−5,1%	62
Total 2023:	731 864 €	822 836 €	13,7 M €
2022 Q4	172 659 €	224 782 €	2,09 M €−41,9%	62
2022 Q3	311 714 €	266 094 €	3,60 M €−55,7%	63
2022 Q2	171 633 €	287 366 €	8,13 M €+92,9%	77
2022 Q1	0 €	206 194 €	4,21 M €+9,9%	75
Total 2022:	656 006 €	984 436 €	18,0 M €
2021 Q4	0 €	196 532,79 €	3,83 M €−23,1%	76
2021 Q3	0 €	221 238,54 €	4,99 M €−15,2%	77
2021 Q2	95 017,48 €	215 804,25 €	5,88 M €+152%	78
2021 Q1	212 675,69 €	228 747,77 €	2,33 M €−28,2%	81
Total 2021:	307 693,17 €	862 323,35 €	17,0 M €
2020 Q4	39 693,02 €	198 200,45 €	3,25 M €−25,8%	82
2020 Q3	238 629,97 €	198 155 €	4,38 M €−19,8%	79
2020 Q2	106 186,91 €	180 120,19 €	5,46 M €+324%	76
2020 Q1	176 173 €	190 564 €	1,29 M €−29,8%	76
Total 2020:	560 682,90 €	767 039,64 €	14,4 M €
2019 Q4	69 211 €	190 514 €	1,84 M €−30,6%	76
2019 Q3	161 969 €	193 397 €	2,64 M €−33,0%	81
2019 Q2	78 904 €	193 450 €	3,94 M €+102%	79
2019 Q1	89 503 €	178 965 €	1,95 M €−2,5%	81
Total 2019:	399 587 €	756 326 €	10,4 M €
2018 Q4	70 399 €	183 503 €	2,00 M €−21,8%	74
2018 Q3	67 782 €	154 839 €	2,56 M €−18,9%	79
2018 Q2	46 830 €	147 434 €	3,16 M €+88,3%	75
2018 Q1	136 101 €	146 799 €	1,68 M €+28,0%	73
Total 2018:	321 112 €	632 575 €	9,40 M €
2017 Q4	0 €	150 955 €	1,31 M €−44,6%	73
2017 Q3	143 728 €	154 997 €	2,36 M €−20,4%	73
2017 Q2	81 355 €	152 448 €	2,97 M €+101%	74
2017 Q1	55 652 €	129 856 €	1,48 M €−19,1%	69
Total 2017:	280 735 €	588 256 €	8,12 M €
2016 Q4	28 856 €	127 881 €	1,83 M €−0,7%	66
2016 Q3	-70 409 €	128 746 €	1,84 M €+3,0%	66
2016 Q2	56 230 €	124 988 €	1,79 M €+17,3%	66
2016 Q1	49 279 €	106 596 €	1,52 M €−6,3%	66
Total 2016:	63 956 €	488 211 €	6,97 M €
2015 Q4	12 366 €	109 790 €	1,63 M €−1,5%	65
2015 Q3	23 734 €	111 471 €	1,65 M €+3,4%	65
2015 Q2	47 315 €	107 848 €	1,60 M €+7,1%	65
2015 Q1	0 €	100 662 €	1,49 M €	65
Total 2015:	83 415 €	429 771 €	6,36 M €

Revenue by industry

	2023	2024	2025
Manufacture of prefabricated wooden buildings and elements		13 330 599 €	13 735 939 €
Sawing and planing of wood		216 824 €	237 839 €
Manufacture of prefabricated wooden buildings (saunas, holiday cottages, houses) and elements	10 920 185 €
Manufacture of other wood products, incl. wood chips, wood wool etc.	221 794 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Mikk Haljasorg	36912XXXXXX	16.12.1969 (56)	Board member	25.11.2024	-
William James Rowlinson	39006XXXXXX	16.06.1990 (36)	Board member	01.08.2024	-
John Derek Williams	35201XXXXXX	28.01.1952 (74)	Board member	21.09.2020	-
Richard James Rowlinson	35407XXXXXX	04.07.1954 (72)	Board member	21.09.2020	-
Alistair Richard Norris Sharman	36103XXXXXX	30.03.1961 (65)	Board member	05.12.2019	-

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Shareholders

	Personal ID code
ROWLINSON CONSOLIDATED LTD	-	-	Shareholder	40 000 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Janno Greenbaum	37403XXXXXX	24.03.1974 (52)	Audit firm	01.01.2019	-
Grant Thornton Baltic OÜ	10384467	18.02.1998 (28)	Audit firm	01.01.2019	-

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Ultimate beneficial owners

	Personal ID code
Richard James Rowlinson	35407XXXXXX	04.07.1954 (72)	Direct holding	24.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 4 553 798 €
Monthly average: 1 517 933 €
Per employee: 25 299 €
Equity ratio: 3 794,83%

Labour taxes

Turnover ratio: 7,97%
Tax ratio: 65,69%
Monthly average: 120 946 €
Per employee: 2 016 €

State taxes

Monthly average: 184 126 €
Turnover ratio: 12,13%

Estimated salary

Gross salary: 3 631 €
Net salary: 2 884 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	6 900 278 €−6,3%	7 364 631 €+20,4%	6 116 117 €−2,8%	6 291 556 €+13,4%	5 550 350 €+47,3%	3 768 750 €+6,5%	3 539 717 €
Non-current assets	5 375 098 €+22,0%	4 407 300 €+2,4%	4 305 584 €+32,4%	3 250 982 €−5,1%	3 425 040 €+9,9%	3 117 348 €+25,4%	2 486 184 €
Total assets	12 275 376 €+4,3%	11 771 931 €+13,0%	10 421 701 €+9,2%	9 542 538 €+6,3%	8 975 390 €+30,3%	6 886 098 €+14,3%	6 025 901 €
Short-term liabilities	846 746 €−14,3%	988 362 €+38,9%	711 411 €+60,6%	443 064 €−59,0%	1 079 963 €+55,2%	695 651 €−42,9%	1 217 533 €
Long-term liabilities	-	161 243 €−35,7%	250 760 €+17,7%	213 103 €+82,6%	116 719 €−52,0%	242 989 €−4,6%	254 654 €
Total liabilities	846 746 €−26,3%	1 149 605 €+19,5%	962 171 €+46,6%	656 167 €−45,2%	1 196 682 €+27,5%	938 640 €−36,2%	1 472 187 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	9 801 998 €+8,2%	9 055 672 €+9,3%	8 286 005 €+17,4%	7 057 819 €+27,2%	5 548 413 €+30,6%	4 248 237 €+27,9%	3 322 337 €
Net profit	1 552 631 €+4,0%	1 492 653 €+35,8%	1 099 524 €−37,3%	1 754 551 €−18,6%	2 156 294 €+32,7%	1 625 220 €+40,4%	1 157 376 €
Equity	11 428 630 €+7,6%	10 622 326 €+12,3%	9 459 530 €+6,4%	8 886 371 €+14,2%	7 778 708 €+30,8%	5 947 458 €+30,6%	4 553 714 €
Turnover	13 976 116 €+3,1%	13 549 653 €+21,6%	11 144 513 €−20,6%	14 034 253 €−1,6%	14 266 104 €+18,3%	12 062 247 €+40,9%	8 559 807 €
Profit margin	11,1%	11,0%	9,9%	12,5%	15,1%	13,5%	13,5%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	14,2	5,1
Quick ratio	1,1	0,8
Cash ratio	0,2	0,0
Efficiency
Days sales outstanding (dso)	16,5	18,0
Asset turnover	1,5	1,8
Structure
Debt ratio	0,1	0,1
Profitability
Operating margin	13,6%	15,7%
Net profit margin	12,5%	15,1%
Return on assets (roa)	18,9%	27,2%
Return on equity (roe)	19,7%	27,7%

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Licences & notices


License	SLM21/1379	Frequency licences	Valid	01.04.2021	31.03.2023

Regulations


Ä 20008474 / 21	19.12.2025	Entry – Amendment entry	-	Entered into force19.12.2025
Ä 20008474 / 20	25.11.2024	Entry – Amendment entry	-	Entered into force25.11.2024
Ä 20008474 / M16	12.11.2024	Order to remedy deficiencies – Amendment entry	18.12.2024	Deficiencies remedied25.11.2024
Ä 20008474 / 19	01.08.2024	Entry – Amendment entry	-	Entered into force01.08.2024
Ä 20008474 / M15	01.07.2024	Directive order – Amendment entry	-	Entered into force01.07.2024

Real estate

		Purpose
Puurmani tee 9, Tabivere alevik, Tartu vald, Tartu maakond	18 178 m²	Industrial land 100%
Voldi tee 10, Tabivere alevik, Tartu vald, Tartu maakond	67 812 m²	Industrial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


30.01.2024	Eesti Töötukassa	271,04 €Received	OPERATING EXPENSESSocial protection of the unemployed
30.12.2023	Eesti Töötukassa	274,56 €Received	OPERATING EXPENSESSocial protection of the unemployed
14.11.2023	Eesti Töötukassa	652 €Received	OPERATING EXPENSESSocial protection of the unemployed
13.10.2023	Eesti Töötukassa	514,72 €Received	OPERATING EXPENSESSocial protection of the unemployed
12.10.2023	Eesti Töötukassa	398,08 €Received	OPERATING EXPENSESSocial protection of the unemployed

Funded projects


Ekspordi arendamine 2012-20143.1.2501.12-0370	Ekspordi arendamise toetusERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	15.11.2012 – 14.11.20142007-2013	14 000 €	13 487,99 €	Completed
Rahvusvahelise turundusjuhi kaasamine OÜ Baltic Connexions meeskonda1.4.0701.12-0107	Arendustöötajate kaasamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.05.2012 – 30.04.20152007-2013	386 000 €	358 930,43 €	Completed
Kõrge lisandväärtusega puidutoodete ekspordi arendamiseks3.1.0401.10-0298	Eksporditurunduse toetusERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	05.02.2010 – 31.01.20122007-2013	63 301,04 €	37 662,05 €	Completed

State aid


24.05.2023	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	3 457,20 €	20985/2400185
04.07.2022	Riigi Tugiteenuste KeskusAid measure 16562	Regionaalareng (VTA) › MuuGrant	868,71 €	16562/2200473
25.10.2021	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	1 262,59 €	20985/2203027
25.10.2021	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	1 665,22 €	20985/2203028
25.10.2021	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	1 343,33 €	20985/2203029

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


tabiverekuur.ee	Active	16.10.2026	17.10.2027
bertilo.ee	Active	19.10.2017	20.10.2027
balcon.ee	Active	04.07.2010	29.12.2029

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.