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Balmec Forest OÜ

Legal form:

Private limited company

Registry code:

11981805

VAT no.:

EE101458849

Fiscal-year period:

01.01 - 31.12

Established:

23.08.2010 (15)

Former business names:

Sandfish Group UÜ

Capital:

2 684 EUR

Address:

Tööstuse 12, 87501

Status:

Registered

Contacts

Email:

info@balmec.com

Phone:

+372 5185647

Industries

AGRICULTURE, FORESTRY AND FISHING
Forestry and logging
02401 - Support services to forestry

VAT liability

	Start	End
EE101458849	20.06.2011

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	08.03.2026	Valid
2024	01.01.2024 - 31.12.2024	28.03.2025	Valid
2023	01.01.2023 - 31.12.2023	26.03.2024	Valid
2022	01.01.2022 - 31.12.2022	09.03.2023	Valid
2021	01.01.2021 - 31.12.2021	02.02.2022	Valid
2020	01.01.2020 - 31.12.2020	16.03.2021	Valid
2020	01.01.2020 - 31.12.2020	25.02.2021	Expired
2019	01.01.2019 - 31.12.2019	12.04.2020	Valid
2019	01.01.2019 - 31.12.2019	25.03.2020	Expired
2018	01.01.2018 - 31.12.2018	21.04.2019	Valid
2018	01.01.2018 - 31.12.2018	04.04.2019	Expired
2017	01.01.2017 - 31.12.2017	15.06.2018	Valid
2016	01.01.2016 - 31.12.2016	26.06.2017	Valid
2015	01.01.2015 - 31.12.2015	27.04.2016	Valid
2014	01.01.2014 - 31.12.2014	30.06.2015	Valid
2013	01.01.2013 - 31.12.2013	30.06.2014	Valid
2012	01.01.2012 - 31.12.2012	30.06.2013	Valid
2011	23.08.2010 - 31.12.2011	30.06.2012	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.06.2026.

???

Credit rating

Hidden

Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	0 €	20 858 €	452 964 €23.0%	9
Kokku 2026:	0 €	20 858 €	452 964 €
2025 Q4	0 €	19 273 €	588 362 €6.2%	9
2025 Q3	51 420 €	23 912 €	554 128 €20.3%	8
2025 Q2	6 570 €	23 048 €	695 027 €37.6%	8
2025 Q1	0 €	23 733 €	504 999 €15.1%	9
Kokku 2025:	57 990 €	89 966 €	2 342 516 €2.0%
2024 Q4	45 018 €	26 209 €	594 810 €13.8%	10
2024 Q3	0 €	26 925 €	689 961 €34.8%	10
2024 Q2	0 €	28 301 €	511 998 €2.4%	12
2024 Q1	46 987 €	29 350 €	500 215 €17.0%	12
Kokku 2024:	92 005 €	110 785 €	2 296 984 €15.0%
2023 Q4	18 584 €	26 024 €	603 027 €92.0%	13
2023 Q3	789 €	27 698 €	314 042 €38.8%	13
2023 Q2	4 580 €	22 775 €	513 511 €9.5%	15
2023 Q1	188 €	20 591 €	567 138 €2.2%	12
Kokku 2023:	24 141 €	97 088 €	1 997 718 €7.6%
2022 Q4	23 165 €	23 145 €	579 610 €86.4%	11
2022 Q3	0 €	20 306 €	310 873 €22.7%	10
2022 Q2	11 558 €	21 415 €	402 233 €28.6%	12
2022 Q1	0 €	20 596 €	563 499 €51.1%	13
Kokku 2022:	34 724 €	85 463 €	1 856 216 €26.3%
2021 Q4	0 €	17 479 €	372 921 €12.8%	11
2021 Q3	0 €	16 696 €	427 496 €12.3%	12
2021 Q2	0 €	17 968 €	380 564 €31.9%	11
2021 Q1	3 244 €	16 931 €	288 567 €8.1%	12
Kokku 2021:	3 244 €	69 074 €	1 469 549 €47.4%
2020 Q4	0 €	14 765 €	314 139 €39.7%	12
2020 Q3	3 941 €	12 404 €	224 888 €16.8%	10
2020 Q2	16 689 €	20 552 €	192 606 €27.5%	10
2020 Q1	35 516 €	19 466 €	265 546 €17.5%	8
Kokku 2020:	56 147 €	67 187 €	997 179 €5.5%
2019 Q4	10 772 €	19 995 €	226 083 €13.8%	13
2019 Q3	24 744 €	20 232 €	262 207 €6.3%	14
2019 Q2	16 323 €	18 098 €	279 709 €2.7%	13
2019 Q1	23 306 €	18 844 €	287 465 €14.5%	13
Kokku 2019:	75 145 €	77 169 €	1 055 464 €5.5%
2018 Q4	23 612 €	16 342 €	251 068 €0.1%	11
2018 Q3	0 €	12 774 €	251 225 €0.1%	10
2018 Q2	13 762 €	9 988 €	250 875 €1.6%	9
2018 Q1	11 366 €	10 171 €	246 847 €49.9%	7
Kokku 2018:	48 740 €	49 275 €	1 000 015 €43.7%
2017 Q4	5 816 €	8 838 €	164 634 €13.8%	7
2017 Q3	5 726 €	8 228 €	191 099 €4.3%	6
2017 Q2	0 €	8 518 €	183 246 €16.9%	6
2017 Q1	10 496 €	8 125 €	156 754 €7.7%	6
Kokku 2017:	22 038 €	33 709 €	695 733 €37.7%
2016 Q4	0 €	8 794 €	145 576 €12.6%	6
2016 Q3	0 €	7 807 €	129 230 €13.7%	6
2016 Q2	-3 918 €	6 868 €	113 686 €2.7%	6
2016 Q1	3 918 €	7 060 €	116 873 €56.1%	6
Kokku 2016:	0 €	30 529 €	505 365 €38.8%
2015 Q4	2 986 €	8 101 €	74 851 €11.7%	7
2015 Q3	-5 394 €	9 177 €	84 792 €12.1%	7
2015 Q2	7 220 €	10 439 €	96 462 €10.7%	7
2015 Q1	7 898 €	11 696 €	108 072 €	7
Kokku 2015:	12 710 €	39 413 €	364 177 €

Revenue by industry

	2023	2024	2025
Support services to forestry	1 585 111 €	1 850 839 €	1 755 171 €

Tax debts

No tax debt found

No tax debt as of 04.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Siim Soomägi	38307XXXXXX	09.07.1983 (42)	Board member	09.11.2011	-

2 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Siim Soomägi	38307XXXXXX	09.07.1983 (42)	Shareholder	2 684,00 EUR	100	Sole ownership	02.09.2023	-

4 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Siim Soomägi	38307XXXXXX	09.07.1983 (42)	Direct holding	24.10.2018	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

452 964 €

Monthly average

150 988 €

Per employee

16 776 €

Equity ratio

5 625,48%

Labour taxes

Turnover ratio

4,60%

Tax ratio

0,00%

Monthly average

6 953 €

Per employee

773 €

State taxes

Monthly average

0 €

Turnover ratio

0,00%

Estimated salary

Gross salary

1 543 €

Net salary

1 292 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	723 437 €32.5%	546 134 €9.3%	499 865 €37.5%	363 463 €7.1%	339 317 €29.3%	262 524 €15.9%	226 452 €
Non-current assets	1 546 663 €12.6%	1 373 070 €10.2%	1 245 753 €0.9%	1 256 686 €2.9%	1 221 671 €34.4%	908 859 €35.3%	671 598 €
Total assets	2 270 100 €18.3%	1 919 204 €9.9%	1 745 618 €7.7%	1 620 149 €3.8%	1 560 988 €33.3%	1 171 383 €30.4%	898 050 €
Short-term liabilities	366 575 €16.0%	315 970 €19.5%	264 302 €22.5%	215 747 €29.7%	306 733 €41.3%	217 010 €0.9%	215 064 €
Long-term liabilities	515 436 €30.3%	395 563 €7.3%	426 759 €14.9%	501 675 €9.0%	551 319 €44.2%	382 347 €30.6%	292 675 €
Total liabilities	882 011 €24.0%	711 533 €3.0%	691 061 €3.7%	717 422 €16.4%	858 052 €43.2%	599 357 €18.0%	507 739 €
Share or stock capital	2 684 €	2 684 €	2 684 €	2 684 €	2 684 €	2 684 €	2 684 €
Retained earnings	1 204 987 €16.9%	1 030 367 €14.5%	900 043 €43.3%	627 963 €22.5%	512 675 €36.0%	376 874 €80.1%	209 202 €
Net profit	180 418 €3.3%	174 620 €15.0%	151 830 €44.2%	272 080 €45.0%	187 577 €2.5%	192 468 €7.9%	178 425 €
Equity	1 388 089 €14.9%	1 207 671 €14.5%	1 054 557 €16.8%	902 727 €28.4%	702 936 €22.9%	572 026 €46.6%	390 311 €
Turnover	1 755 171 €5.2%	1 850 839 €16.8%	1 585 111 €6.7%	1 484 960 €19.6%	1 241 759 €46.9%	845 243 €11.4%	953 496 €
Profit margin	10.28%9.0%	9.43%1.5%	9.58%47.7%	18.32%21.3%	15.11%33.7%	22.77%21.7%	18.71%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	XPT KSE	EBA TBD	KRI KMJ	312 137	277 938
Liquidity
Current ratio	A.K	Q.L	S.W	1.1	1.2
Quick ratio	W.G	L.Q	M.N	0.6	0.8
Cash ratio	B.H	R.B	V.N	0.0	0.0
Efficiency
Days sales outstanding (dso)	GK.Y	VQ.U	IF.T	53.4	82.0
Asset turnover	A.K	O.M	F.T	0.9	0.8
Structure
Debt ratio	M.T	S.X	R.C	0.5	0.5
Profitability
Operating margin	ZL.G%	DT.C%	ZO.H%	17.7%	24.9%
Net profit margin	U.U%	E.J%	CK.E%	15.1%	22.8%
Return on assets (roa)	P.W%	H.Y%	YW.X%	13.7%	18.6%
Return on equity (roe)	XU.K%	CL.H%	XG.U%	26.7%	33.6%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Status
Ä 30047472 / 6	02.09.2023	Entry - Amendment entry	Entered into force (02.09.2023)
K 30047472 / 5	08.07.2021	Entry - Commercial-pledge opening entry	Entered into force (08.07.2021)
Ä 30047472 / 4	17.01.2018	Entry - Amendment entry	Entered into force (17.01.2018)
Ä 30047472 / 3	18.12.2015	Entry - Amendment entry	Entered into force (18.12.2015)
Ä 30047472 / 2	24.09.2014	Entry - Amendment entry	Entered into force (24.09.2014)

1 - 5 / 17 rows

Real estate

Address	Area	Purpose
Masinaehituse, Metsaküla, Põhja-Pärnumaa vald, Pärnu maakond	54512 m²	Industrial land 100%
Puidukompleksi, Metsaküla, Põhja-Pärnumaa vald, Pärnu maakond	14462 m²	Industrial land 100%

1 - 2 / 2 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

.ee domains

Domain	Status	Registered	Expires	End
balmec.ee	Active	26.02.2020	27.02.2027	-

1 - 1 / 1 rows

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