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Recursive Software Development OÜ

Legal form:

Private limited company

Registry code:

12564972

VAT no.:

EE101802000

Fiscal-year period:

01.01 - 31.12

Established:

05.11.2013 (12)

Capital:

2 500 EUR

Address:

Tartu mnt 28-33, Kesklinna linnaosa, Tallinn, Harju maakond, 10115

Status:

Registered

Contacts

Email:

andrea@recursive.ee

Phone:

+372 58390544

Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Data infrastructure, processing, hosting and other IT activities
Data infrastructure, processing and hosting activities
63102 - Data processing, management and brokerage

VAT liability

	Start	End
EE101802000	01.07.2015

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	24.03.2026	Valid
2024	01.01.2024 - 31.12.2024	28.04.2025	Valid
2023	01.01.2023 - 31.12.2023	30.06.2024	Valid
2022	01.01.2022 - 31.12.2022	31.08.2023	Valid
2021	01.01.2021 - 31.12.2021	30.06.2022	Valid
2020	01.01.2020 - 31.12.2020	08.02.2022	Valid
2019	01.01.2019 - 31.12.2019	11.08.2020	Valid
2018	01.01.2018 - 31.12.2018	11.08.2020	Valid
2017	15.10.2016 - 31.12.2017	16.10.2019	Valid
2016	15.10.2015 - 14.10.2016	04.02.2018	Valid
2015	15.10.2014 - 14.10.2015	07.09.2017	Valid
2015	01.01.2015 - 31.12.2015	02.03.2016	Expired
2014	05.11.2013 - 31.12.2014	25.02.2015	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 09.06.2026.

Delayed declarations

	Deadline	Submitted
Income- and social-tax return	10.10.2025	16.10.2025	6 days overdue

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Credit rating

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	1 452 €	1 625 €	303 957 €136.5%	1
Kokku 2026:	1 452 €	1 625 €	303 957 €
2025 Q4	1 452 €	1 625 €	128 506 €1.8%	1
2025 Q3	1 452 €	1 625 €	130 808 €1.0%	1
2025 Q2	1 452 €	1 625 €	129 469 €18.7%	1
2025 Q1	16 475 €	5 166 €	159 260 €31.4%	1
Kokku 2025:	20 831 €	10 041 €	548 043 €20.4%
2024 Q4	1 412 €	1 530 €	121 169 €3.1%	1
2024 Q3	1 412 €	1 530 €	117 518 €3.7%	1
2024 Q2	1 412 €	1 530 €	121 973 €29.2%	1
2024 Q1	1 460 €	1 530 €	94 383 €74.9%	1
Kokku 2024:	5 696 €	6 120 €	455 043 €116.5%
2023 Q4	7 353 €	4 424 €	53 965 €2.1%	1
2023 Q3	1 412 €	1 530 €	52 854 €2.9%	1
2023 Q2	1 412 €	1 530 €	54 443 €11.2%	1
2023 Q1	1 699 €	1 848 €	48 948 €22.8%	1
Kokku 2023:	11 875 €	9 332 €	210 210 €3.0%
2022 Q4	1 135 €	1 213 €	63 437 €24.8%	1
2022 Q3	15 887 €	3 665 €	50 826 €1.4%	1
2022 Q2	1 412 €	1 530 €	50 106 €25.9%	1
2022 Q1	941 €	1 020 €	39 802 €66.7%	1
Kokku 2022:	19 374 €	7 429 €	204 171 €91.0%
2021 Q4	0 €	0 €	23 871 €4.7%	-
2021 Q3	0 €	0 €	25 049 €4.5%	-
2021 Q2	9 705 €	1 202 €	26 222 €17.4%	-
2021 Q1	0 €	0 €	31 762 €15.9%	-
Kokku 2021:	9 705 €	1 202 €	106 903 €22.1%
2020 Q4	100 €	0 €	27 395 €14.3%	-
2020 Q3	6 242 €	642 €	23 973 €2.2%	-
2020 Q2	520 €	0 €	23 459 €84.5%	-
2020 Q1	364 €	0 €	12 716 €24.8%	0
Kokku 2020:	7 225 €	642 €	87 543 €20.1%
2019 Q4	6 968 €	0 €	16 906 €5.0%	0
2019 Q3	0 €	0 €	17 792 €15.6%	0
2019 Q2	0 €	0 €	21 076 €23.2%	0
2019 Q1	83 €	0 €	17 102 €10.1%	0
Kokku 2019:	7 051 €	0 €	72 876 €74.8%
2018 Q4	222 €	0 €	19 029 €186.6%	0
2018 Q3	128 €	0 €	6 639 €22.1%	0
2018 Q2	0 €	0 €	8 527 €13.9%	0
2018 Q1	16 €	0 €	7 487 €13.9%	0
Kokku 2018:	366 €	0 €	41 682 €29.9%
2017 Q4	314 €	0 €	8 697 €48.1%	0
2017 Q3	246 €	0 €	5 871 €42.9%	0
2017 Q2	645 €	0 €	10 285 €42.4%	0
2017 Q1	2 009 €	0 €	7 224 €	0
Kokku 2017:	3 214 €	0 €	32 077 €
2016 Q4	1 211 €	0 €	0 €	0
2016 Q3	1 293 €	0 €	0 €	0
2016 Q2	2 706 €	0 €	0 €	0
2016 Q1	950 €	0 €	0 €	0
Kokku 2016:	6 160 €	0 €	0 €
2015 Q4	1 038 €	0 €	0 €	0
2015 Q3	793 €	0 €	0 €	0
2015 Q2	0 €	0 €	0 €	0
Kokku 2015:	1 831 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Data processing, management and brokerage		415 155 €	646 877 €
Data processing, web-hosting and related activities	197 834 €

Tax debts

No tax debt found

No tax debt as of 09.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Andrea Giudici	38503XXXXXX	29.03.1985 (41)	Board member	05.11.2013	-

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Andrea Giudici	38503XXXXXX	29.03.1985 (41)	Shareholder	2 500,00 EUR	100	Sole ownership	02.09.2023	-

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

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Andrea Giudici	38503XXXXXX	29.03.1985 (41)	Founder	02.11.2013	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Andrea Giudici	38503XXXXXX	29.03.1985 (41)	Direct holding	31.08.2023	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

303 957 €

Monthly average

101 319 €

Per employee

101 319 €

Equity ratio

4 052,76%

Labour taxes

Turnover ratio

0,53%

Tax ratio

111,91%

Monthly average

542 €

Per employee

542 €

State taxes

Monthly average

484 €

Turnover ratio

0,48%

Estimated salary

Gross salary

1 154 €

Net salary

1 003 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	1 069 364 €86.3%	574 131 €77.9%	322 801 €23.8%	260 821 €34.4%	194 006 €37.8%	140 787 €102.6%	69 499 €
Non-current assets	24 898 €20.1%	31 171 €19.8%	38 856 €156.4%	15 157 €41.3%	25 824 €24.0%	34 000 €32.0%	50 000 €
Total assets	1 094 262 €80.8%	605 302 €67.4%	361 657 €31.0%	275 978 €25.5%	219 830 €25.8%	174 787 €46.3%	119 499 €
Short-term liabilities	181 547 €471.3%	31 780 €357.4%	6 948 €42.1%	4 890 €33.3%	3 668 €933.2%	355 €6.6%	380 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	181 547 €471.3%	31 780 €357.4%	6 948 €42.1%	4 890 €33.3%	3 668 €933.2%	355 €6.6%	380 €
Share or stock capital	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €
Retained earnings	571 022 €97.8%	288 636 €33.8%	215 695 €40.4%	153 662 €15.4%	133 134 €43.7%	92 619 €79.0%	51 742 €
Net profit	339 193 €20.1%	282 386 €106.9%	136 514 €18.8%	114 926 €42.7%	80 528 €1.5%	79 313 €22.3%	64 877 €
Equity	912 715 €59.1%	573 522 €61.7%	354 709 €30.8%	271 088 €25.4%	216 162 €23.9%	174 432 €46.4%	119 119 €
Turnover	646 877 €55.8%	415 155 €109.9%	197 834 €0.3%	197 335 €111.1%	93 468 €1.7%	95 061 €14.5%	82 990 €
Profit margin	52.44%22.9%	68.02%1.4%	69.00%18.5%	58.24%32.4%	86.16%3.3%	83.43%6.7%	78.17%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	LEK QER	XGU NTR	ACJ NNY	64 241	-
Liquidity
Current ratio	FG.C	KM.V	QR.D	52.9	396.6
Quick ratio	KE.F	HV.U	NO.E	52.9	396.6
Cash ratio	D.O	W.A	PU.G	15.6	129.6
Efficiency
Days sales outstanding (dso)	BP.Z	CT.F	PV.V	83.2	67.8
Asset turnover	V.G	G.N	Q.Y	0.5	0.6
Structure
Debt ratio	T.S	W.N	M.M	0.0	0.0
Profitability
Operating margin	ZT.I%	TF.D%	CO.M%	68.2%	79.1%
Net profit margin	PT.M%	BJ.S%	JG.D%	86.2%	83.4%
Return on assets (roa)	CR.R%	RG.V%	KD.T%	40.8%	53.9%
Return on equity (roe)	LU.L%	GV.D%	BB.J%	37.3%	45.5%

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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 10189367 / 9	02.03.2026	Entry - Amendment entry	Entered into force (02.03.2026)
Ä 10189367 / 8	18.11.2024	Entry - Amendment entry under NSPA § 595¹ (1)	Entered into force (18.11.2024)
Ä 10189367 / 7	02.09.2023	Entry - Amendment entry	Entered into force (02.09.2023)
Ä 10189367 / 6	19.01.2018	Entry - Amendment entry	Entered into force (19.01.2018)
Ä 10189367 / 5	06.12.2017	Entry - Amendment entry	Entered into force (06.12.2017)

Recursive Software Development OÜ

Contacts

Industries

VAT liability

Annual reports

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Revenue by industry

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Ultimate beneficial owners

Holdings in companies

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Aggregate data

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Regulations

Real estate

No real estate found

Consumer Disputes Committee decisions

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Official announcements

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Public transactions

No public transactions found

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Enforcement proceedings

No enforcement proceedings found

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No payment orders found