AS Bravo Pharmaceuticals

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Not submitted
2024	01.01.2024 – 31.12.2024	28.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	08.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	26.09.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	21.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	12.10.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	21.09.2021	Valid	PDF
2018	01.01.2018 – 31.12.2018	09.06.2020	Valid	PDF
2017	29.11.2016 – 31.12.2017	12.08.2019	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.10.2026.

Delayed declarations

VAT return	20.01.2026	24.01.2026	4 d overdue
Income- and social-tax return	12.01.2026	24.01.2026	12 d overdue
VAT return	20.11.2025	28.11.2025	8 d overdue
Income- and social-tax return	10.11.2025	28.11.2025	18 d overdue
VAT return	20.10.2025	28.11.2025	39 d overdue
Income- and social-tax return	10.10.2025	13.10.2025	3 d overdue
VAT return	22.09.2025	06.10.2025	14 d overdue

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Tax debt Reports1 Declarations Court decisions–Official announcements3 TTJA decisions–Real estate–.ee domains–Licenses–Regulations20 Public transactions–Grants–State aid–Public procurement1 Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	877 €	923 €	0 €	2
2026 Q2	877 €	923 €	0 €	2
2026 Q1	3 042 €	2 826 €	0 €	2
Total 2026:	4 796 €	4 672 €	0 €
2025 Q4	-	-	0 €	1
2025 Q3	1 743 €	1 651 €	0 €	1
2025 Q2	6 288 €	5 656 €	0 €−100%	1
2025 Q1	4 324 €	2 901 €	3 443 €−36,5%	1
Total 2025:	12 355 €	10 208 €	3 443 €
2024 Q4	4 683 €	4 025 €	5 421 €	1
2024 Q3	5 223 €	4 571 €	0 €−100%	1
2024 Q2	7 415 €	4 844 €	17 100 €+60,2%	1
2024 Q1	7 013 €	4 791 €	10 674 €−26,7%	1
Total 2024:	24 334 €	18 231 €	33 195 €
2023 Q4	7 123 €	4 685 €	14 557 €	1
2023 Q3	6 808 €	5 697 €	0 €	1
2023 Q2	4 141 €	3 637 €	0 €	1
2023 Q1	5 485 €	4 591 €	0 €	1
Total 2023:	23 557 €	18 610 €	14 557 €
2022 Q4	5 519 €	4 614 €	0 €	1
2022 Q3	5 376 €	4 574 €	0 €−100%	1
2022 Q2	5 377 €	4 574 €	4 000 €−74,6%	1
2022 Q1	5 453 €	4 574 €	15 775 €+294%	1
Total 2022:	21 725 €	18 336 €	19 775 €
2021 Q4	5 528,27 €	4 620,39 €	4 000 €−33,8%	1
2021 Q3	5 011,18 €	4 027,65 €	6 041,66 €+18,1%	1
2021 Q2	4 475,82 €	3 754,38 €	5 116,66 €	1
2021 Q1	4 136,41 €	3 754,38 €	0 €	2
Total 2021:	19 151,68 €	16 156,80 €	15 158,32 €
2020 Q4	4 076,41 €	3 765,51 €	0 €−100%	2
2020 Q3	2 903,40 €	3 536,89 €	17 024,27 €+115%	2
2020 Q2	5 483,39 €	4 135,88 €	7 933,34 €−73,0%	2
2020 Q1	2 338 €	2 068 €	29 333 €	2
Total 2020:	14 801,20 €	13 506,28 €	54 290,61 €
2019 Q4	2 407 €	2 479 €	0 €	2
2019 Q3	1 698 €	1 743 €	0 €−100%	2
2019 Q2	2 568 €	2 624 €	18 012 €+597%	2
2019 Q1	933 €	795 €	2 583 €−94,5%	2
Total 2019:	7 606 €	7 641 €	20 595 €
2018 Q4	1 650 €	1 693 €	46 910 €+57,3%	2
2018 Q3	1 650 €	1 693 €	29 820 €	2
2018 Q2	2 431 €	2 479 €	0 €−100%	2
2018 Q1	2 623 €	605 €	34 617 €	2
Total 2018:	8 354 €	6 470 €	111 347 €
2017 Q4	158 €	165 €	0 €	1
2017 Q3	0 €	0 €	0 €	0
2017 Q2	0 €	0 €	0 €	0
2017 Q1	0 €	0 €	0 €	0
Total 2017:	158 €	165 €	0 €

Revenue by industry

	2022	2023	2024
Other human health activities n.e.c.			28 873 €
Other human health activities n.e.c.	4 775 €	19 945 €

Tax debts

No tax debt found

No tax debt as of 21.10.2026

Representatives

	Personal ID code
Reena Singh	47803XXXXXX	13.03.1978 (48)	Board member	21.12.2018	-
Rakesh Pandey	37712XXXXXX	10.12.1977 (48)	Board member	29.11.2016	-

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Shareholders

	Personal ID code
Rakesh Pandey	37712XXXXXX	10.12.1977 (48)	Shareholder	129 975 EUR	79,67%	Sole ownership	28.02.2025	-
Reena Singh	47803XXXXXX	13.03.1978 (48)	Shareholder	33 162 EUR	20,33%	Sole ownership	28.02.2025	-

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Other persons

	Personal ID code
Kamlesh Patel	-	29.11.1958 (67)	Supervisory-board member	24.07.2020	-
Ivo Nagel	37709XXXXXX	07.09.1977 (49)	Chairman of the supervisory board	13.11.2018	-
Audiitorbüroo Katrin Mugra OÜ	12724358	23.09.2014 (12)	Audit firm	28.12.2017	-
Nishant Kumar	38310XXXXXX	18.10.1983 (43)	Supervisory-board member	20.12.2017	-
Rakesh Pandey	37712XXXXXX	10.12.1977 (48)	Founder	02.11.2016	-

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Ultimate beneficial owners

	Personal ID code
Rakesh Pandey	37712XXXXXX	10.12.1977 (48)	Direct holding	11.08.2019	-
Reena Singh	47803XXXXXX	13.03.1978 (48)	Direct holding	11.08.2019	-

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Holdings in companies


Competence Centre for Cancer Research AS	13.02.2004	Shareholder	32 500 EUR	65,00%	Sole ownership	16.08.2023	-

2026 Q3

Turnover

Amount: 0 €
Monthly average: 0 €
Per employee: -

Labour taxes

Turnover ratio: -
Tax ratio: 105,25%
Monthly average: 308 €
Per employee: 154 €

State taxes

Monthly average: 292 €
Turnover ratio: -

Estimated salary

Gross salary: 454 €
Net salary: 438 €

Aggregate data

Last 5 yrsAll

	2024	2023	2022	2021	2020	2019
Current assets	46 661 €−18,9%	57 561 €+1,4%	56 781 €−9,0%	62 375 €+31,4%	47 456 €−51,1%	96 961 €
Non-current assets	237 898 €−1,5%	241 511 €−3,6%	250 602 €−6,0%	266 505 €+6,0%	251 515 €+260%	69 942 €
Total assets	284 559 €−4,9%	299 072 €−2,7%	307 383 €−6,5%	328 880 €+10,0%	298 971 €+79,1%	166 903 €
Short-term liabilities	242 772 €+30,4%	186 118 €+70,4%	109 217 €−24,0%	143 729 €+154%	56 507 €+561%	8 554 €
Long-term liabilities	-	-	-	-	-	40 042 €
Total liabilities	242 772 €+30,4%	186 118 €+70,4%	109 217 €−24,0%	143 729 €+154%	56 507 €+16,3%	48 596 €
Share or stock capital	335 337 €+105%	163 337 €	163 337 €+225%	50 200 €	50 200 €+0,4%	50 000 €
Retained earnings	-225 983 €−60,5%	-140 771 €−246%	-40 649 €−344%	16 664 €−74,2%	64 707 €−27,8%	89 666 €
Net profit	-71 167 €+16,5%	-85 212 €+14,9%	-100 122 €−74,7%	-57 313 €−19,3%	-48 043 €−92,5%	-24 959 €
Equity	41 787 €−63,0%	112 954 €−43,0%	198 166 €+7,0%	185 151 €−23,6%	242 464 €+105%	118 307 €
Turnover	28 873 €+44,8%	19 945 €+318%	4 775 €−84,2%	30 158 €−42,5%	52 458 €+134%	22 429 €
Profit margin	-246,5%	-427,2%	-2 096,8%	-190,0%	-91,6%	-111,3%

Financial ratios

	2021	2020
Profit and cash flow
EBITDA	-54 727 €	-40 914 €
Liquidity
Current ratio	0,4	0,8
Quick ratio	0,4	0,8
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	633,7	498,0
Asset turnover	0,1	0,2
Structure
Debt ratio	0,4	0,2
Profitability
Operating margin	-190,5%	-81,2%
Net profit margin	-190,0%	-91,6%
Return on assets (roa)	-18,3%	-20,6%
Return on equity (roe)	-31,0%	-19,8%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50042263 / M6	11.09.2026	Reporting-fine order	-	Signed11.09.2026
Ä 50042263 / M5	14.07.2026	Fine-warning order – annual report not filed	29.08.2026	Entered into force30.07.2026
Ä 50042263 / M4	15.07.2025	Fine-warning order – annual report not filed	27.08.2025	Deficiencies remedied29.07.2025
Ä 50042263 / 14	21.02.2025	Entry – Amendment entry	-	Entered into force21.02.2025
Ä 50042263 / 13	19.09.2024	Entry – Amendment entry	-	Entered into force19.09.2024

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

No court decisions found

The company has no court decisions

Official announcements


Notice of delivery of a Tax-and-Customs-Board document	05.11.2025	PDF
Notice of delivery of a Tax-and-Customs-Board document	01.08.2025	PDF
Notice of share-capital reduction	26.09.2024	PDF

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


25.06.2019End 31.12.2020	Reference number 206482 · 19-2-15/285	Tervise Arengu InstituutContracting authority	100 000 €actual 19 950 €	Completed

.ee domains

No domains found

Company has no valid .ee domains

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.