Osaühing Baltic Steel Center

Legal form:: Private limited company
Registry code:: 10686470
VAT no.:: EE100643778
Fiscal-year period:: 01.01 - 31.12
Established:: 24.08.2000 (26 y)
Former business names:: Osaühing Fort Systems
Capital:: 12 910 EUR
Address:: Sinikivi tee 16, Lehmja küla, Rae vald, Harju maakond, 75306
Status:: Registered

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Contacts

Phone:: +372 5052606
Phone:: +372 6016290
Email:: bsc@balticsteel.ee
Website:: http://balticsteel.ee

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Industries

MANUFACTURING
Manufacture of fabricated metal products, excl. machinery
Manufacture of metal structures
Manufacture of metal structures and parts of structures
25119 – Manufacture of other metal structures and parts

VAT liability

VAT no.	Start	End
EE100643778	01.10.2000	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	02.07.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	07.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	22.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	06.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	20.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	09.03.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	10.03.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	05.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	23.03.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	20.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	21.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	15.07.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	02.07.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	27.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	27.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	29.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	02.11.2009	Valid	PDF
2008	01.01.2008 – 31.12.2008	01.07.2009	Expired	PDF
2007	01.01.2007 – 31.12.2007	11.12.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	26.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	11.09.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	18.10.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	26.01.2005	Valid	PDF
2001	01.01.2001 – 31.12.2001	11.12.2002	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 07.10.2026.

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Tax debt Reports Declarations Court decisions2 Official announcements1 TTJA decisions–Real estate–.ee domains1 Licenses–Regulations18 Public transactions52 Grants3 State aid2 Public procurement3 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	194 857 €	35 483 €	1,43 M €+42,9%	12
2026 Q1	175 582 €	43 471 €	997 719 €−36,5%	11
Total 2026:	370 439 €	78 954 €	2,42 M €
2025 Q4	202 251 €	40 253 €	1,57 M €+35,3%	12
2025 Q3	186 042 €	47 302 €	1,16 M €+4,1%	11
2025 Q2	156 765 €	39 266 €	1,11 M €+13,1%	12
2025 Q1	120 770 €	37 907 €	985 805 €−18,8%	12
Total 2025:	665 828 €	164 728 €	4,83 M €
2024 Q4	158 144 €	37 481 €	1,21 M €+46,2%	12
2024 Q3	127 494 €	36 698 €	831 108 €−32,3%	12
2024 Q2	142 562 €	36 998 €	1,23 M €+42,3%	12
2024 Q1	108 801 €	42 585 €	862 817 €−9,4%	12
Total 2024:	537 001 €	153 762 €	4,14 M €
2023 Q4	121 212 €	38 648 €	952 299 €−12,5%	14
2023 Q3	153 644 €	40 039 €	1,09 M €+7,2%	14
2023 Q2	143 835 €	37 155 €	1,01 M €−11,5%	15
2023 Q1	160 193 €	50 223 €	1,15 M €−18,9%	14
Total 2023:	578 884 €	166 065 €	4,20 M €
2022 Q4	171 378 €	54 806 €	1,41 M €−3,4%	21
2022 Q3	146 992 €	61 694 €	1,46 M €−32,4%	22
2022 Q2	202 952 €	55 720 €	2,17 M €+16,8%	23
2022 Q1	172 064 €	42 975 €	1,85 M €−5,2%	24
Total 2022:	693 386 €	215 195 €	6,89 M €
2021 Q4	239 396,03 €	46 514,19 €	1,95 M €+22,8%	21
2021 Q3	200 385,77 €	45 235,55 €	1,59 M €+0,6%	24
2021 Q2	175 997,80 €	39 064,03 €	1,58 M €+60,7%	24
2021 Q1	137 194,19 €	44 188,71 €	984 623,39 €−21,0%	24
Total 2021:	752 973,79 €	175 002,48 €	6,11 M €
2020 Q4	172 069,30 €	44 408,19 €	1,25 M €+15,5%	22
2020 Q3	163 863,78 €	46 370,98 €	1,08 M €−21,6%	22
2020 Q2	187 684,36 €	43 708,82 €	1,38 M €+58,2%	23
2020 Q1	142 423 €	46 519 €	870 749 €−49,8%	23
Total 2020:	666 040,44 €	181 006,99 €	4,57 M €
2019 Q4	177 355 €	47 865 €	1,73 M €+69,6%	23
2019 Q3	150 764 €	46 835 €	1,02 M €−3,9%	27
2019 Q2	167 257 €	46 910 €	1,06 M €−1,5%	25
2019 Q1	135 259 €	49 539 €	1,08 M €−8,1%	26
Total 2019:	630 635 €	191 149 €	4,90 M €
2018 Q4	187 142 €	48 464 €	1,18 M €+42,0%	28
2018 Q3	157 010 €	54 457 €	828 731 €−19,3%	29
2018 Q2	169 152 €	54 227 €	1,03 M €+0,6%	31
2018 Q1	208 917 €	56 633 €	1,02 M €−26,8%	31
Total 2018:	722 221 €	213 781 €	4,05 M €
2017 Q4	240 230 €	56 167 €	1,39 M €+7,9%	31
2017 Q3	201 524 €	56 577 €	1,29 M €−12,3%	31
2017 Q2	179 446 €	55 073 €	1,47 M €+39,9%	31
2017 Q1	164 921 €	62 635 €	1,05 M €+42,4%	31
Total 2017:	786 121 €	230 452 €	5,21 M €
2016 Q4	117 633 €	52 252 €	739 677 €+2,7%	29
2016 Q3	100 276 €	50 860 €	719 971 €+0,7%	29
2016 Q2	94 123 €	50 486 €	714 681 €−8,6%	29
2016 Q1	119 032 €	55 208 €	781 528 €−2,0%	29
Total 2016:	431 064 €	208 806 €	2,96 M €
2015 Q4	124 494 €	48 761 €	797 599 €+2,8%	28
2015 Q3	113 332 €	47 427 €	775 773 €+6,3%	28
2015 Q2	105 472 €	44 633 €	730 070 €−4,1%	28
2015 Q1	128 262 €	46 559 €	761 570 €	28
Total 2015:	471 560 €	187 380 €	3,07 M €

Revenue by industry

	2023	2024	2025
Manufacture of other metal structures and parts	2 790 250 €	2 762 788 €	2 987 053 €

Tax debts

No tax debt found

No tax debt as of 07.10.2026

Representatives

	Personal ID code
Arvo Närep	35202XXXXXX	29.02.1952 (74)	Board member	05.12.2000	-

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Shareholders

	Personal ID code
Arvo Närep	35202XXXXXX	29.02.1952 (74)	Shareholder	12 910 EUR	100,00%	Sole ownership	23.12.2025	-

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Other persons

	Personal ID code
OÜ Ermitex Investeeringud	10616506	13.12.1999 (26)	Founder	24.08.2000	-

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Ultimate beneficial owners

	Personal ID code
Arvo Närep	35202XXXXXX	29.02.1952 (74)	Direct holding	30.12.2025	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 1 425 854 €
Monthly average: 475 285 €
Per employee: 39 607 €
Equity ratio: 3 681,52%

Labour taxes

Turnover ratio: 2,49%
Tax ratio: 18,21%
Monthly average: 11 828 €
Per employee: 1 028 €

State taxes

Monthly average: 64 952 €
Turnover ratio: 13,67%

Estimated salary

Gross salary: 1 946 €
Net salary: 1 617 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	301 539 €−61,6%	785 419 €+20,9%	649 441 €−26,6%	884 342 €−29,1%	1 246 506 €+37,4%	907 140 €+73,8%	522 020 €
Non-current assets	691 663 €−73,1%	2 567 898 €+7,3%	2 393 319 €−6,0%	2 545 108 €+30,2%	1 955 516 €−1,7%	1 988 364 €−10,8%	2 230 010 €
Total assets	993 202 €−70,4%	3 353 317 €+10,2%	3 042 760 €−11,3%	3 429 450 €+7,1%	3 202 022 €+10,6%	2 895 504 €+5,2%	2 752 030 €
Short-term liabilities	194 936 €−51,9%	405 554 €+17,4%	345 591 €−52,1%	721 214 €−13,0%	828 838 €+51,0%	548 745 €+13,6%	483 171 €
Long-term liabilities	159 575 €−69,0%	515 224 €+46,9%	350 662 €−15,7%	416 215 €+300%	-	103 960 €−56,5%	239 199 €
Total liabilities	354 511 €−61,5%	920 778 €+32,2%	696 253 €−38,8%	1 137 429 €+37,2%	828 838 €+27,0%	652 705 €−9,6%	722 370 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	571 146 €−75,4%	2 320 176 €+3,3%	2 245 108 €−1,6%	2 282 440 €+8,7%	2 099 342 €+8,2%	1 940 342 €+6,1%	1 829 373 €
Net profit	41 214 €−52,1%	86 032 €+14,6%	75 068 €+548%	-16 750 €−107%	247 511 €−10,4%	276 126 €+58,7%	173 956 €
Equity	638 691 €−73,7%	2 432 539 €+3,7%	2 346 507 €+2,4%	2 292 021 €−3,4%	2 373 184 €+5,8%	2 242 799 €+10,5%	2 029 660 €
Turnover	2 987 053 €+8,1%	2 762 788 €−1,0%	2 790 250 €−28,6%	3 907 542 €−1,0%	3 948 293 €+26,3%	3 126 260 €+11,6%	2 801 335 €
Profit margin	1,4%	3,1%	2,7%	-0,4%	6,3%	8,8%	6,2%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	1,2	1,5
Quick ratio	0,6	1,1
Cash ratio	0,3	0,5
Efficiency
Days sales outstanding (dso)	35,0	41,2
Asset turnover	1,2	1,3
Structure
Debt ratio	0,3	0,3
Profitability
Operating margin	0,1%	6,9%
Net profit margin	-0,4%	6,3%
Return on assets (roa)	-0,5%	8,1%
Return on equity (roe)	-0,7%	10,4%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10051059 / 15	23.12.2025	Entry – Amendment entry	-	Entered into force23.12.2025
Ä 10051059 / 14	22.12.2025	Entry – Division entry of transferring entity (second, constitutive entry)	-	Entered into force22.12.2025
K 10051059 / 13	03.11.2025	Entry – Commercial-pledge cancellation entry	-	Entered into force03.11.2025
Ä 10051059 / 12	13.11.2024	Entry – Amendment entry	-	Entered into force13.11.2024
K 10051059 / 11	30.05.2024	Entry – Commercial-pledge opening entry	-	Entered into force30.05.2024

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


2-18-1432/45	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Maarja-Liis Lall	ECLI:EE:HMK:2020:2.18.1432.3170	10.03.2020	Open
2-18-1901/15	Kohtu I astme menetlus	Court judgment	Law of obligations	Ann Meriluht	ECLI:EE:HMK:2018:2.18.1901.25783	29.11.2018	Open

Official announcements


Notice of division of a company	22.12.2025	PDF

Public transactions


22.07.2026	Riigilaevastik	781,20 €Received	OPERATING EXPENSESWater transport
04.05.2026	Tallinna Tehnikaülikool	155 €Received	OPERATING EXPENSESR&D in education
26.03.2026	Riigilaevastik	163,39 €Received	OPERATING EXPENSESWater transport
12.03.2026	Tallinna Tehnikaülikool	207,90 €Received	NON-CURRENT ASSETSR&D in education
12.03.2026	Tallinna Tehnikaülikool	31 €Received	OPERATING EXPENSESR&D in education

Funded projects


Baltic Steel Center OÜ ressursitõhususe investeeringud 220.2.02.22-0047	Ressursitõhusate rohetehnoloogiate kasutuselevõttRRF · Sihtasutus Keskkonnainvesteeringute Keskus	01.01.2023 – 31.12.20242020-2026	900 000 €support 40,0%	886 400 €	Completed
Baltic Steel Center OÜ ressursitõhususe investeeringud 12014-2020.4.03.21-0676	Ettevõtete energia- ja ressursitõhususERDF · Sihtasutus Keskkonnainvesteeringute Keskus	01.09.2021 – 31.08.20222014-2020	400 000 €support 50,0%	400 000 €	Completed
ISO 9001:2008 kvaliteedijuhtimissüsteemi juurutamine ja vastav sertifitseerimine1.4.0501.11-4395	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.01.2012 – 30.09.20122007-2013	6 454 €	4 535,85 €	Completed

State aid


13.12.2022	SA Keskkonnainvesteeringute KeskusAid measure 221442	EK grupierandi määrus 651/2014 Regionaalabi (artiklid 14 -16) › Investeeringuteks ettenähtud regionaalabi (artikkel 14)Grant	360 000 €	221442/2200009
14.09.2021	SA Keskkonnainvesteeringute KeskusAid measure 16558	Muu › MuuGrant	200 000 €	16558/2100244

Public procurement contracts


27.04.2023End 27.04.2024	Fiber Laser Cutting Machine with Automatic Storage SystemReference number 261793 · Müügileping	Aider OÜContractor	886 400 €	Completed
19.04.2022End 19.08.2022	SildkraanaReference number 247533 · Leping	Osaühing EESTI KRAANAVABRIKContractor	42 550 €	Completed
20.09.2021End 20.03.2022	Water Jet Cutting MachineReference number 236572 · Sales Contract	WaterJet Sweden aBContractor	359 000 €actual 0 €	Completed

.ee domains


balticsteel.ee	Active	29.07.2011	30.07.2027

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.