TIVI Voting Technologies OÜ

Legal form:: Private limited company
Registry code:: 12679959
VAT no.:: EE101772949
Fiscal-year period:: 01.01 - 31.12
Established:: 26.06.2014 (12 y)
Former business names:: Smartmatic-Cybernetica Centre of Excellence for Internet Voting OÜ
Capital:: 21 316,50 EUR
Address:: Soola tn 3, Tartu linn, Tartu linn, Tartu maakond, 51004
Status:: Registered
E-invoice reception:: e-arveldaja

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Contacts

Phone:: +372 58666672
Email:: info@ivotingcentre.ee

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Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
62101 – Programming

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10.AKTSIASELTS HELMES59.3M €

686.TIVI Voting Technologies OÜ616k €

Main activity 62101 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101772949	12.02.2015	-

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	27.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	25.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	04.09.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	07.07.2023	Valid	PDF
2020	01.01.2020 – 31.12.2020	05.10.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	05.08.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	29.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	25.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	24.05.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	22.06.2016	Valid	PDF
2014	26.06.2014 – 31.12.2014	27.05.2015	Valid	PDF
2014	26.06.2014 – 31.12.2014	27.05.2015	Expired	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains3 Licenses–Regulations22 Public transactions10 Grants–State aid1 Public procurement2 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	45 943 €	44 959 €	23 023 €−76,4%	6
2026 Q2	46 752 €	44 400 €	97 606 €−71,1%	7
2026 Q1	68 443 €	41 459 €	337 519 €+114%	7
Total 2026:	161 138 €	130 818 €	458 148 €
2025 Q4	63 496 €	55 764 €	157 875 €+175%	7
2025 Q3	52 508 €	53 321 €	57 335 €−49,7%	7
2025 Q2	60 349 €	49 805 €	114 009 €−54,6%	8
2025 Q1	76 542 €	49 437 €	251 225 €+44,7%	6
Total 2025:	252 895 €	208 327 €	580 444 €
2024 Q4	43 224 €	45 452 €	173 573 €+291%	7
2024 Q3	65 568 €	67 225 €	44 385 €−82,9%	6
2024 Q2	55 020 €	46 032 €	259 286 €+29,7%	10
2024 Q1	69 670 €	54 721 €	199 965 €−4,2%	10
Total 2024:	233 482 €	213 430 €	677 209 €
2023 Q4	41 578 €	44 954 €	208 647 €+13,9%	9
2023 Q3	53 762 €	53 967 €	183 139 €−8,1%	9
2023 Q2	49 221 €	52 721 €	199 228 €+5,5%	9
2023 Q1	66 059 €	55 020 €	188 928 €−13,8%	9
Total 2023:	210 620 €	206 662 €	779 942 €
2022 Q4	44 316 €	47 138 €	219 179 €+120%	10
2022 Q3	45 018 €	41 801 €	99 569 €−54,6%	11
2022 Q2	39 805 €	43 058 €	219 401 €+351%	11
2022 Q1	35 376 €	33 454 €	48 640 €−33,2%	12
Total 2022:	164 515 €	165 451 €	586 789 €
2021 Q4	46 998,31 €	36 461,22 €	72 824,68 €+79,5%	7
2021 Q3	39 489,92 €	35 389,19 €	40 561,01 €−53,2%	7
2021 Q2	44 190,52 €	30 321,27 €	86 616,68 €+125%	7
2021 Q1	33 555,66 €	33 004,94 €	38 435,96 €+191%	7
Total 2021:	164 234,41 €	135 176,62 €	238 438,33 €
2020 Q4	36 735,51 €	39 736,52 €	13 220,89 €−48,0%	9
2020 Q3	56 126,06 €	57 953,12 €	25 429,37 €−76,9%	9
2020 Q2	45 009,04 €	35 976,46 €	110 024,27 €+17,8%	12
2020 Q1	61 308 €	50 141 €	93 379 €−20,4%	12
Total 2020:	199 178,61 €	183 807,10 €	242 053,53 €
2019 Q4	57 435 €	48 620 €	117 335 €+28,3%	12
2019 Q3	49 999 €	53 170 €	91 486 €−13,4%	14
2019 Q2	51 078 €	47 061 €	105 682 €−48,2%	14
2019 Q1	50 335 €	51 271 €	203 849 €+134%	15
Total 2019:	208 847 €	200 122 €	518 352 €
2018 Q4	39 521 €	42 810 €	87 176 €+62 617%	14
2018 Q3	38 148 €	41 357 €	139 €−99,7%	14
2018 Q2	33 214 €	35 995 €	54 692 €+725%	13
2018 Q1	26 054 €	28 240 €	6 629 €−96,8%	12
Total 2018:	136 937 €	148 402 €	148 636 €
2017 Q4	73 133 €	36 782 €	205 399 €+75 974%	12
2017 Q3	30 343 €	32 908 €	270 €−95,6%	12
2017 Q2	28 503 €	30 227 €	6 125 €−87,8%	11
2017 Q1	35 421 €	29 710 €	50 380 €+215%	11
Total 2017:	167 400 €	129 627 €	262 174 €
2016 Q4	25 835 €	28 026 €	16 007 €+7,1%	7
2016 Q3	26 626 €	26 175 €	14 950 €−2,0%	7
2016 Q2	24 620 €	26 715 €	15 258 €+1,9%	7
2016 Q1	24 172 €	26 220 €	14 975 €+72,6%	7
Total 2016:	101 253 €	107 136 €	61 190 €
2015 Q4	23 575 €	25 473 €	8 676 €−7,0%	8
2015 Q3	28 020 €	27 400 €	9 332 €+10,8%	8
2015 Q2	25 079 €	24 724 €	8 421 €−0,9%	8
2015 Q1	22 978 €	24 949 €	8 497 €	8
Total 2015:	99 652 €	102 546 €	34 926 €

Revenue by industry

	2023	2024	2025
Programming		629 499 €	518 635 €
Administration of computer systems and databases	613 002 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Diana Gabriela Del Carmen White Marquez	-	10.07.1982 (44)	Board member	01.06.2026	-
Luisana Chávez-Kéri	48112XXXXXX	05.12.1981 (44)	Board member	27.05.2026	-
Sven Heiberg	37709XXXXXX	27.09.1977 (49)	Board member	26.06.2014	-

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Shareholders

	Personal ID code
SMARTMATIC INTERNATIONAL HOLDING B.V.	-	-	Shareholder	19 316,50 EUR	90,62%	Sole ownership	02.04.2026	-
Cybernetica AS	10140133	12.05.1997 (29)	Shareholder	2 000 EUR	9,38%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Anet Ansperi	48508XXXXXX	24.08.1985 (41)	Supervisory-board member	03.02.2023	-
Fernando Hernan Hernandez Henriquez	-	23.12.1976 (49)	Supervisory-board member	03.02.2023	-
Arne Ansper	37002XXXXXX	03.02.1970 (56)	Supervisory-board member	12.07.2019	-
Eduardo Manuel Correia Nascimento	37502XXXXXX	16.02.1975 (51)	Chairman of the supervisory board	12.07.2019	-
KPMG Baltics OÜ	10096082	22.11.1996 (29)	Audit firm	18.09.2014	-

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Ultimate beneficial owners

	Personal ID code
Antonio Jose Mugica Rivero	-	-	Indirect holding	22.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 23 023 €
Monthly average: 7 674 €
Per employee: 1 279 €
Equity ratio: 36,00%

Labour taxes

Turnover ratio: 195,28%
Tax ratio: 97,86%
Monthly average: 14 986 €
Per employee: 2 306 €

State taxes

Monthly average: 15 314 €
Turnover ratio: 199,55%

Estimated salary

Gross salary: 4 125 €
Net salary: 3 256 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	401 386 €+36,3%	294 386 €+149%	118 429 €−25,0%	158 009 €+131%	68 508 €+90,6%	35 941 €−85,1%	241 410 €
Non-current assets	1 000 114 €+22,5%	816 169 €+34,3%	607 928 €+1,7%	597 726 €+37,1%	436 104 €+72,3%	253 048 €+6 362%	3 916 €
Total assets	1 401 500 €+26,2%	1 110 555 €+52,9%	726 357 €−3,9%	755 735 €+49,8%	504 612 €+74,6%	288 989 €+17,8%	245 326 €
Short-term liabilities	762 617 €−17,1%	920 021 €+54,6%	595 278 €+450%	108 320 €−81,0%	569 028 €+49,9%	379 689 €+76,0%	215 706 €
Long-term liabilities	-	-	-	376 247 €	-	-	-
Total liabilities	762 617 €−17,1%	920 021 €+54,6%	595 278 €+22,8%	484 567 €−14,8%	569 028 €+49,9%	379 689 €+76,0%	215 706 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	-1 223 851 €+4,6%	-1 283 306 €−12,3%	-1 143 217 €+10,6%	-1 278 800 €+2,0%	-1 305 086 €−10,2%	-1 184 765 €+2,0%	-1 209 384 €
Net profit	-151 652 €−355%	59 455 €+142%	-140 089 €−203%	135 583 €+416%	26 285 €+122%	-120 320 €−589%	24 619 €
Equity	638 883 €+235%	190 534 €+45,4%	131 079 €−51,7%	271 168 €+521%	-64 416 €+29,0%	-90 700 €−406%	29 620 €
Turnover	518 635 €−17,6%	629 499 €+2,7%	613 002 €+1,6%	603 163 €+208%	196 028 €+149%	78 656 €−83,9%	487 891 €
Profit margin	-29,2%	9,4%	-22,9%	22,5%	13,4%	-153,0%	5,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	227 710 €	85 872 €
Liquidity
Current ratio	1,5	0,1
Quick ratio	1,5	0,1
Cash ratio	0,6	0,1
Efficiency
Days sales outstanding (dso)	134,0	344,9
Asset turnover	1,0	0,5
Structure
Debt ratio	0,6	1,1
Profitability
Operating margin	25,8%	23,7%
Net profit margin	22,5%	13,4%
Return on assets (roa)	21,5%	6,6%
Return on equity (roe)	50,0%	-

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 20068026 / 21	23.07.2026	Entry – Amendment entry	-	Entered into force23.07.2026
Ä 20068026 / 20	01.06.2026	Entry – Amendment entry	-	Entered into force01.06.2026
Ä 20068026 / 19	27.05.2026	Entry – Amendment entry	-	Entered into force27.05.2026
Ä 20068026 / 18	15.05.2026	Entry – Amendment entry	-	Entered into force15.05.2026
Ä 20068026 / 17	30.03.2026	Entry – Amendment entry	-	Entered into force30.03.2026

Real estate

No real estate found

Company has no real estate

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

No official announcements found

Company has no issued official announcements

Public transactions


17.12.2025	Tartu Ülikool	7 440 €Received	OPERATING EXPENSESTertiary education
15.12.2025	Tallinna Ülikool	1 860 €Received	OPERATING EXPENSESTertiary education
15.12.2025	Tallinna Ülikool	5 580 €Received	CURRENT ASSETSTertiary education
20.11.2024	Tartu Ülikool	7 320 €Received	OPERATING EXPENSESTertiary education
11.06.2024	Tallinna Ülikool	7 320 €Received	OPERATING EXPENSESTertiary education

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


23.07.2015	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 15430	EK 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) - rakendusuuringudGrant	68 460 €	15430/1500183

Public procurement contracts


10.01.2017End 01.10.2017	Reference number 178122 · LEPING nr 16-0583-001	Riigi Infosüsteemi AmetContracting authority	20 000 €actual 1 125 €	Completed
22.02.2016End 21.05.2016	Reference number 169935 · LEPING nr 4.2-3/16-0088-001	Riigi Infosüsteemi AmetContracting authority	12 500 €	Completed

.ee domains


ivxv.ee	Active	25.07.2022	26.07.2028
ivotingcentre.ee	Active	17.06.2014	18.06.2028
ivotingcenter.ee	Active	17.06.2014	18.06.2028

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.