Develora OÜ

Legal form:: Private limited company
Registry code:: 11697441
VAT no.:: EE101317207
Fiscal-year period:: 01.01 - 31.12
Established:: 11.08.2009 (17 y)
Former business names:: ITM Grupp Arendus OÜ, ITM Kontsert OÜ
Capital:: 16 505 112 EUR
Address:: F. R. Kreutzwaldi tn 4, Kesklinna linnaosa, Tallinn, Harju maakond, 10120
Status:: Registered
E-invoice reception:: Billberry

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Contacts

Phone:: +372 56299600
Email:: info@develora.ee

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Industries

Real estate activities
68201 – Renting and operating of own or leased real estate

Industry TOPNo. 1132 of 5444 companies

1.BLRT Grupp AS195.8M €
2.Riigi Kinnisvara Aktsiaselts150.1M €
3.SEALTES Nuia OÜ30M €
4.Ülemiste Center OÜ28.3M €
5.A3 Arendus OÜ27M €
6.Kinnisvaravalduse AS25.7M €
7.Vägeva 2 OÜ24.9M €
8.TKM Kinnisvara AS23.5M €
9.ROCCA al MARE KAUBANDUSKESKUSE AKTSIASELTS21.3M €
10.TÜC Majad AS20.3M €

1132.Develora OÜ293.2k €

Main activity 68201 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101317207	13.05.2015	-
EE101317207	07.09.2009	09.03.2011

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	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	12.04.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	03.10.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	22.04.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	21.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	25.02.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	06.05.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	06.04.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	11.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	23.05.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	01.07.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	26.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	28.06.2012	Valid	PDF
2010	11.08.2009 – 31.12.2010	14.07.2011	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 22.10.2026.

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Tax debt Reports Declarations Court decisions4 Official announcements–TTJA decisions1 Real estate90 .ee domains6 Licenses–Regulations28 Public transactions–Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	11 792 €	12 209 €	18 652 €−91,1%	2
2026 Q2	52 931 €	11 777 €	210 434 €+649%	2
2026 Q1	233 391 €	12 534 €	28 091 €−22,0%	2
Total 2026:	298 114 €	36 520 €	257 177 €
2025 Q4	22 448 €	11 431 €	36 024 €+91,2%	2
2025 Q3	4 830 €	11 214 €	18 843 €+21,8%	2
2025 Q2	9 670 €	10 307 €	15 470 €−60,3%	2
2025 Q1	0 €	11 076 €	38 928 €+108%	2
Total 2025:	36 948 €	44 028 €	109 265 €
2024 Q4	137 561 €	10 118 €	18 724 €+64,8%	2
2024 Q3	598 936 €	8 318 €	11 364 €−90,8%	2
2024 Q2	718 480 €	9 129 €	123 026 €+2,0%	2
2024 Q1	212 375 €	7 962 €	120 604 €−97,7%	2
Total 2024:	1,67 M €	35 527 €	273 718 €
2023 Q4	747 101 €	4 911 €	5,30 M €+9 791%	2
2023 Q3	0 €	4 956 €	53 616 €+254%	1
2023 Q2	0 €	4 905 €	15 167 €+141%	1
2023 Q1	0 €	4 956 €	6 302 €+85,7%	1
Total 2023:	747 101 €	19 728 €	5,38 M €
2022 Q4	0 €	4 920 €	3 393 €−91,5%	1
2022 Q3	0 €	4 691 €	40 138 €−89,6%	1
2022 Q2	24 416 €	4 694 €	385 546 €+339%	1
2022 Q1	5 901 €	4 736 €	87 803 €−84,3%	1
Total 2022:	30 317 €	19 041 €	516 880 €
2021 Q4	22 392,74 €	4 610,87 €	558 155,80 €+2 160%	1
2021 Q3	4 256,34 €	4 521,66 €	24 691,98 €−92,4%	1
2021 Q2	63 004,11 €	1 781,95 €	322 935,67 €−85,7%	1
2021 Q1	418 529,01 €	918,21 €	2,26 M €+1 666%	1
Total 2021:	508 182,20 €	11 832,69 €	3,16 M €
2020 Q4	6 980,95 €	1 434,25 €	127 729,36 €+549%	1
2020 Q3	846,93 €	918,21 €	19 681,25 €−82,6%	2
2020 Q2	848,56 €	919,90 €	113 137,68 €−65,8%	1
2020 Q1	25 459 €	938 €	330 613 €+73,5%	1
Total 2020:	34 135,44 €	4 210,36 €	591 161,29 €
2019 Q4	32 282 €	612 €	190 544 €−51,2%	1
2019 Q3	75 083 €	0 €	390 202 €−58,2%	1
2019 Q2	183 324 €	0 €	934 193 €+66,6%	0
2019 Q1	104 994 €	0 €	560 796 €+46,7%	0
Total 2019:	395 683 €	612 €	2,08 M €
2018 Q4	73 167 €	0 €	382 303 €−64,8%	0
2018 Q3	202 728 €	0 €	1,09 M €+99,4%	0
2018 Q2	98 115 €	0 €	545 353 €+58,4%	0
2018 Q1	57 586 €	0 €	344 272 €−37,1%	0
Total 2018:	431 596 €	0 €	2,36 M €
2017 Q4	0 €	1 171 €	547 158 €−0,1%	1
2017 Q3	0 €	3 723 €	547 842 €+93,9%	1
2017 Q2	0 €	2 834 €	282 520 €+614 074%	1
2017 Q1	0 €	0 €	46 €	1
Total 2017:	0 €	7 728 €	1,38 M €
2016 Q4	0 €	0 €	0 €	0
2016 Q3	0 €	0 €	0 €	0
2016 Q2	0 €	0 €	0 €	0
2016 Q1	0 €	0 €	0 €	0
Total 2016:	0 €	0 €	0 €
2015 Q4	0 €	0 €	0 €	0
2015 Q3	0 €	0 €	0 €	0
2015 Q2	0 €	0 €	0 €	0
Total 2015:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Renting and operating of own or leased real estate		375 411 €	698 112 €
Buying and selling of own real estate	6 027 757 €	277 049 €

Tax debts

No tax debt found

No tax debt as of 22.10.2026

Representatives

	Personal ID code
Dmitri Maksim	38510XXXXXX	10.10.1985 (41)	Board member	14.04.2015	-

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Shareholders

	Personal ID code
DataShift OÜ	11724356	23.09.2009 (17)	Shareholder	16 505 112 EUR	100,00%	Sole ownership	21.11.2025	-

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Other persons

	Personal ID code
Aleksandr Kostin	38408XXXXXX	08.08.1984 (42)	Founder	11.08.2009	-
Sergei Astafjev	38505XXXXXX	01.05.1985 (41)	Founder	11.08.2009	-

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Ultimate beneficial owners

	Personal ID code
Aleksandr Kostin	38408XXXXXX	08.08.1984 (42)	Direct holding	31.08.2018	-
Sergei Astafjev	38505XXXXXX	01.05.1985 (41)	Direct holding	31.08.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 18 652 €
Monthly average: 6 217 €
Per employee: 3 109 €
Equity ratio: 0,04%

Labour taxes

Turnover ratio: 65,46%
Tax ratio: 103,54%
Monthly average: 4 070 €
Per employee: 2 035 €

State taxes

Monthly average: 3 931 €
Turnover ratio: 63,22%

Estimated salary

Gross salary: 3 663 €
Net salary: 2 909 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	6 117 273 €+7,9%	5 670 178 €−59,5%	13 988 403 €−2,2%	14 300 971 €+49,2%	9 584 861 €+86,4%	5 140 893 €+28,7%	3 994 915 €
Non-current assets	14 586 449 €+3,8%	14 056 176 €+206%	4 591 903 €+16 519%	27 630 €	-	-	-
Total assets	20 703 722 €+5,0%	19 726 354 €+6,2%	18 580 306 €+29,7%	14 328 601 €+49,5%	9 584 861 €+86,4%	5 140 893 €+28,7%	3 994 915 €
Short-term liabilities	471 363 €+75,8%	268 058 €−91,1%	3 008 708 €−50,2%	6 039 826 €+450%	1 098 278 €−25,9%	1 482 929 €+6,4%	1 393 629 €
Long-term liabilities	-	-	-	-	-	100 000 €+100%	50 000 €
Total liabilities	471 363 €+75,8%	268 058 €−91,1%	3 008 708 €−50,2%	6 039 826 €+450%	1 098 278 €−30,6%	1 582 929 €+9,6%	1 443 629 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	2 895 184 €+469%	508 486 €+257%	-324 337 €−219%	273 472 €+596%	-55 148 €+10,8%	-61 826 €+71,7%	-218 230 €
Net profit	774 063 €−67,6%	2 386 698 €+187%	832 823 €+239%	-597 809 €−131%	1 928 619 €+28 780%	6 678 €−95,7%	156 404 €
Equity	20 232 360 €+4,0%	19 458 296 €+25,0%	15 571 598 €+87,9%	8 288 775 €−2,3%	8 486 583 €+139%	3 557 964 €+39,5%	2 551 286 €
Turnover	708 277 €+6,4%	665 832 €−89,0%	6 051 721 €+0,5%	-	6 019 033 €+402%	1 197 848 €−41,5%	2 049 212 €
Profit margin	109,3%	358,5%	13,8%	-	32,0%	0,6%	7,6%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-196 273 €	-
Liquidity
Current ratio	2,4	8,7
Quick ratio	0,1	4,7
Cash ratio	0,0	4,3
Efficiency
Days sales outstanding (dso)	-	22,2
Asset turnover	-	0,8
Structure
Debt ratio	0,4	0,1
Profitability
Operating margin	-	32,0%
Net profit margin	-	32,0%
Return on assets (roa)	-5,0%	26,2%
Return on equity (roe)	-7,2%	22,7%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10132562 / 24	21.11.2025	Entry – Amendment entry	-	Entered into force21.11.2025
Ä 10132562 / 23	03.07.2024	Entry – Amendment entry	-	Entered into force03.07.2024
Ä 10132562 / 22	29.12.2023	Entry – Amendment entry	-	Entered into force29.12.2023
Ä 10132562 / M4	28.12.2023	Order to remedy deficiencies – Amendment entry	12.01.2024	Deficiencies remedied28.12.2023
Ä 10132562 / 21	28.11.2023	Entry – Amendment entry	-	Entered into force28.11.2023

Real estate

		Purpose
Ale tee 1, Lubja küla, Viimsi vald, Harju maakond	1504 m²	Residential land 100%
Ale tee 3, Lubja küla, Viimsi vald, Harju maakond	1505 m²	Residential land 100%
Kivimäe tn 27, Nõmme linnaosa, Tallinn, Harju maakond	7211 m²	Residential land 100%
Künni tee 4, Lubja küla, Viimsi vald, Harju maakond	1501 m²	Residential land 100%
Luige tee 12, Vääna-Jõesuu küla, Harku vald, Harju maakond	79 095 m²	Public-buildings land 100%

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Consumer Disputes Committee decisions


19-1/21-02782-026	Alar Urm, Marianne Metssoon, Merle Salmistu	In favour of the consumer	13.07.2021	PDF

Court decisions


2-22-19257/8	Kohtu I astme menetlus	Court ruling	Company law	Ants Mailend	ECLI:EE:HMK:2023:2.22.19257.5266	15.03.2023	Open
2-20-13693/18	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Tiia Mõtsnik	ECLI:EE:HMK:2021:2.20.13693.7544	15.03.2021	Open
2-18-9220/12	Kohtu I astme menetlus	Court rulingCompromise ruling	Property law	Haide Rimmel	ECLI:EE:HMK:2018:2.18.9220.17548	31.08.2018	Open
2-18-10904/12	Kohtu I astme menetlus	Court ruling	Enforcement	Nele Seping	ECLI:EE:HMK:2018:2.18.10904.17551	31.08.2018	Open

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


merekodu.ee	Active	20.05.2026	21.05.2027
rohekodu.ee	Active	15.01.2025	16.01.2027
develora.ee	Active	19.12.2023	20.12.2026
harkuranna.ee	Active	08.03.2021	09.03.2027
kivimäesüda.ee	Active	18.02.2020	19.02.2027

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.