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GeneCode AS

Legal form:
Public limited company
Registry code:
10362550
VAT no.:
EE101059031
Fiscal-year period:
01.01 - 31.12
Established:
15.01.1998 (28 y)
Former business names:
Balti Tehnoloogiaarenduse AS, Balti Tehnoloogiaarenduse Osaühing
Capital:
75 600 EUR
Address:
Ahtri tn 8, Kesklinna linnaosa, Tallinn, Harju maakond, 10151
Status:
Registered
LEI code:
984500407E766D96E380 (expired 25.02.2026)

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Contacts

Phone:
+372 5020111
Email:
paavo.pilv@genecode.com

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Industries

Industry TOPNo. 1 of 5 companies

Main activity 72111 · turnover over the last 4 quarters

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VAT liability

VAT no.StartEnd
EE10105903112.06.2006-

Annual reports

YearPeriodSubmittedStatus
202501.01.2025 – 31.12.202506.07.2026ValidPDF
202401.01.2024 – 31.12.202406.10.2025ValidPDF
202301.01.2023 – 31.12.202305.04.2024ValidPDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 19.10.2026.

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Tax data

PeriodState taxesLabour taxesTaxable turnoverEmployees
2026 Q313 150 €23 142 €197 171 €−62,7%2
2026 Q215 425 €27 536 €527 913 €+54,9%3
2026 Q17 170 €23 186 €340 723 €+180%3
Total 2026:35 745 €73 864 €1,07 M €
2025 Q415 321 €18 236 €121 470 €−33,5%3
2025 Q319 680 €21 645 €182 550 €−3,6%3
2025 Q28 434 €10 123 €189 346 €−41,1%3

Revenue by industry

2020
Research and development in biotechnology4 250 €

Tax debts

No tax debt found

No tax debt as of 19.10.2026

Representatives

Personal ID code
Paavo Pilv37602XXXXXX12.02.1976 (50)Board member26.10.2023-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount
197 171 €
Monthly average
65 724 €
Per employee
32 862 €
Equity ratio
86,94%

Labour taxes

Turnover ratio
11,74%
Tax ratio
175,98%
Monthly average
7 714 €
Per employee
3 086 €

State taxes

Monthly average
4 383 €
Turnover ratio
6,67%

Estimated salary

Gross salary
5 456 €
Net salary
4 257 €

Aggregate data

20252024202320222021
Current assets598 459 €+115%278 026 €−67,2%848 038 €+66,5%509 297 €+2 416%20 240 €+317%
Non-current assets7 342 124 €+22,4%5 998 560 €+16,0%5 171 290 €+36,4%3 789 940 €+44,3%2 626 763 €−2,2%
Total assets7 940 583 €+26,5%6 276 586 €+4,3%6 019 328 €+40,0%4 299 237 €+62,4%2 647 003 €−1,6%
Short-term liabilities1 115 113 €+88,9%590 269 €−37,6%945 857 €+313%228 926 €+399%45 840 €+1 539%
Long-term liabilities1 117 938 €+208%362 668 €+40,3%258 512 €+25,2%206 506 €−81,4%-
Total liabilities2 233 051 €+134%952 937 €−20,9%1 204 369 €+177%435 432 €+850%45 840 €−95,9%

Financial ratios

20252024202320222021
Profit and cash flow
EBITDA1 270 195 €-
Liquidity
Current ratio2,20,4
Quick ratio2,20,4

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Ä 10022922 / 2107.10.2025Entry – Amendment entry-Entered into force07.10.2025
K 10022922 / 2014.07.2025Entry – Commercial-pledge opening entry-Entered into force14.07.2025
Ä 10022922 / M1009.07.2025Warning for deletion from register – annual report not filed12.10.2025Deficiencies remedied07.10.2025
Ä 10022922 / M920.01.2025Order to remedy deficiencies for correcting extra-entry data – Amendment entry03.02.2025Entered into force20.01.2025
Ä 10022922 / 1902.11.2023Entry – Amendment entry under NSPA § 595¹ (1)-Entered into force02.11.2023
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Real estate

No real estate found

Company has no real estate

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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

Notice of publication of a deletion warning due to failure to submit an annual report09.07.2025PDF
1 – 1 / 1 rows

Public transactions

26.08.2026Majandus- ja Kommunikatsiooniministeerium20 174,70 €ReceivedOTHER GRANTSR&D in general economic, trade and labour policy
08.05.2026Majandus- ja Kommunikatsiooniministeerium20 174,71 €ReceivedOTHER GRANTSR&D in general economic, trade and labour policy
08.05.2026Majandus- ja Kommunikatsiooniministeerium13 116,67 €ReceivedOTHER GRANTSR&D in general economic, trade and labour policy
18.03.2026Majandus- ja Kommunikatsiooniministeerium130 729,28 €ReceivedOTHER GRANTSR&D in general economic, trade and labour policy
13.03.2026Majandus- ja Kommunikatsiooniministeerium41 229,71 €ReceivedOTHER GRANTSR&D in general economic, trade and labour policy
1 – 5 / 24 rows

Funded projects

Rakendusuuringu läbiviimine ettevõttes GeneGode AS läbimaks Parkinsoni tõve ravimikandidaadi eelkliiniliste uuringute etappi – From hit to lead / GDNF Mimetics2014-2020.15.03.21-0177Majanduse elavdamineREACT-EU · Ettevõtluse ja Innovatsiooni Sihtasutus15.09.2021 – 31.12.20232014-20202 570 010,85 €support 77,7%2 505 233,20 €Completed
FTO analüüs2014-2020.4.04.21-1750Ettevõtja arenguplaani toetusmeede ettevõtete arendus- ja eksporditegevustele kaasaaitamiseks ning juhtimisvõimekuse tõstmiseksERDF · Ettevõtluse ja Innovatsiooni Sihtasutus07.04.2021 – 08.08.20212014-20202 200 €support 80,0%2 200 €Completed
Development of drug candidates for nervous system diseases3.1.0702.12-0442Teadus- ja arendustegevuse projektide toetamineERDF · Ettevõtluse ja Innovatsiooni Sihtasutus01.02.2012 – 31.05.20152007-201360 091,59 €60 091,59 €Completed
Närvisüsteemi haiguste ravimkandidaatide arendus3.1.0701.10-0255Teadus- ja arendustegevuse projektide toetamineERDF · Ettevõtluse ja Innovatsiooni Sihtasutus01.02.2010 – 30.09.20102007-201311 887,57 €11 887,57 €Completed
Geenitehnoloogial põhinevate viirusevastaste ravimikandidaatide struktuuri optimeerimine3.1.0702.08-0068Teadus- ja arendustegevuse projektide toetamineERDF · Ettevõtluse ja Innovatsiooni Sihtasutus12.11.2008 – 31.08.20112007-20131 325 512,50 €1 282 139,90 €Completed
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State aid

04.02.2026Ettevõtluse ja Innovatsiooni SihtasutusAid measure 14295Muu › MuuGuarantee3 125 €14295/2600013
16.12.2024Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241663EK grupierandi määrus 651/2014 Teadus- ja arendustegevuseks ning innovatsiooniks antav abi (artiklid 25-30) › Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringudGrant1 485 669,97 €241663/2400049
18.06.2024Ettevõtluse ja Innovatsiooni SihtasutusAid measure 221322Muu › MuuGrant50 000 €221322/2400002
18.06.2024Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241663EK grupierandi määrus 651/2014 Teadus- ja arendustegevuseks ning innovatsiooniks antav abi (artiklid 25-30) › Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringudGrant1 517 121,90 €241663/2400012
29.01.2024Sihtasutus Eesti TeadusagentuurAid measure 221244Muu › T&A väiketoetusskeemGrant3 000 €221244/2400001
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Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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.

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