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Industries

INFORMATION AND COMMUNICATION
Computer programming, consultancy and related activities
62011 – Programming

Industry TOPNo. 3 of 179 companies

1.smartbnb OÜ6M €
2.RSD OSS OÜ5.1M €
3.AdEx Network OÜ2.8M €
4.RevenueAI OÜ2.4M €
5.Redwerk OÜ1.9M €
6.Paradym Holdings OÜ1.9M €
7.Kordus Interactive OÜ1.5M €
8.Universalas Vadibas Sistemas Eesti Filiaal1.3M €
9.Freerange Lamas OÜ1.1M €
10.PARiM Limited Eesti filiaal922.3k €

Main activity 62011 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101988623	13.07.2017	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	03.08.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	03.08.2026	Valid	PDF
2023	01.01.2023 – 31.12.2023	03.12.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	13.02.2024	Valid	PDF
2021	01.01.2021 – 31.12.2021	03.12.2024	Valid	PDF
2020	01.01.2020 – 31.12.2020	03.12.2024	Valid	PDF
2019	01.01.2019 – 31.12.2019	03.12.2024	Valid	PDF
2018	04.07.2017 – 31.12.2018	03.12.2024	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 14.11.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations26 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	53 €	0 €	740 736 €−12,6%	-
2026 Q2	203 €	45 €	847 727 €+72,8%	-
2026 Q1	-	-	490 590 €−32,6%	-
Total 2026:	256 €	45 €	2,08 M €
2025 Q4	56 €	0 €	727 714 €−4,1%	-
2025 Q3	-	-	758 554 €+13,1%	-
2025 Q2	-	-	670 487 €−9,4%	-
2025 Q1	-	-	739 713 €+17,8%	-
Total 2025:	56 €	0 €	2,90 M €
2024 Q4	19 €	0 €	628 053 €+18,2%	-
2024 Q3	19 €	0 €	531 507 €+3,8%	-
2024 Q2	-	-	511 978 €−29,4%	-
2024 Q1	-	-	725 534 €+4,5%	-
Total 2024:	38 €	0 €	2,40 M €
2023 Q4	-	-	694 531 €+5,7%	-
2023 Q3	0 €	0 €	656 931 €+13,7%	-
2023 Q2	0 €	0 €	577 656 €−18,1%	-
2023 Q1	-	-	705 145 €+27,8%	-
Total 2023:	0 €	0 €	2,63 M €
2022 Q4	0 €	0 €	551 796 €+15,7%	-
2022 Q3	99 €	0 €	476 895 €−9,7%	-
2022 Q2	-	-	528 289 €+32,7%	-
2022 Q1	1 590 €	1 584 €	398 108 €+78,0%	-
Total 2022:	1 689 €	1 584 €	1,96 M €
2021 Q4	2 380,84 €	2 503,57 €	223 634,70 €+19,2%	1
2021 Q3	6 755,41 €	6 354,39 €	187 592,86 €+216%	1
2021 Q2	6 132,27 €	6 648,37 €	59 310,64 €−42,2%	1
2021 Q1	5 442,47 €	5 900,51 €	102 620,29 €−45,5%	1
Total 2021:	20 710,99 €	21 406,84 €	573 158,49 €
2020 Q4	-	-	188 255,43 €+4,1%	1
2020 Q3	0 €	0 €	180 890,89 €+1,0%	-
2020 Q2	419,03 €	0 €	179 129,29 €−8,6%	-
2020 Q1	1 367 €	0 €	195 932 €−12,7%	0
Total 2020:	1 786,03 €	0 €	744 207,61 €
2019 Q4	648 €	63 €	224 308 €−6,4%	0
2019 Q3	0 €	0 €	239 751 €+82,1%	0
2019 Q2	256 €	0 €	131 667 €−37,0%	0
2019 Q1	0 €	0 €	209 050 €+0,6%	0
Total 2019:	904 €	63 €	804 776 €
2018 Q4	0 €	0 €	207 807 €−34,7%	0
2018 Q3	0 €	0 €	318 373 €+63,9%	0
2018 Q2	0 €	0 €	194 219 €+61,8%	0
2018 Q1	0 €	0 €	120 000 €	0
Total 2018:	0 €	0 €	840 399 €
2017 Q4	0 €	0 €	0 €	0
2017 Q3	0 €	0 €	0 €	0
Total 2017:	0 €	0 €	0 €

Revenue by industry

	2018	2024
Programming		6 312 €
Stage activities of actors and dancers	6 691 €

Tax debts

No tax debt found

No tax debt as of 14.11.2026

Representatives

	Personal ID code
Dimo Stoyanov	38402XXXXXX	17.02.1984 (42)	Board member	07.04.2020	-
Ivo Georgiev	39412XXXXXX	10.12.1994 (31)	Board member	13.07.2017	-

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Shareholders

	Personal ID code
Ivo Georgiev	39412XXXXXX	10.12.1994 (31)	Shareholder	1 750 EUR	70,00%	Sole ownership	02.09.2023	-
Dimo Stoyanov	38402XXXXXX	17.02.1984 (42)	Shareholder	750 EUR	30,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Ivo Georgiev	94121XXXXX	10.12.1994 (31)	Founder	27.06.2017	-
Dimo Stoyanov	84021XXXXX	17.02.1984 (42)	Founder	27.06.2017	-

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Ultimate beneficial owners

	Personal ID code
Dimo Stoyanov	38402XXXXXX	17.02.1984 (42)	Direct holding	07.04.2020	-
Ivo Georgiev	39412XXXXXX	10.12.1994 (31)	Direct holding	07.04.2020	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 740 736 €
Monthly average: 246 912 €
Per employee: -
Equity ratio: 9 876,48%

Labour taxes

Turnover ratio: 0,00%
Tax ratio: 0,00%
Monthly average: 0 €
Per employee: -

State taxes

Monthly average: 18 €
Turnover ratio: 0,01%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

	2025	2024
Current assets	1 333 265 €−11,6%	1 508 081 €
Non-current assets	1 295 374 €+40,0%	925 374 €
Total assets	2 628 639 €+8,0%	2 433 455 €
Short-term liabilities	2 622 014 €+8,0%	2 428 455 €
Long-term liabilities	-	-
Total liabilities	2 622 014 €+8,0%	2 428 455 €
Share or stock capital	-	-
Retained earnings	5 000 €−99,9%	7 191 651 €
Net profit	1 625 €+100%	-7 186 651 €
Equity	6 625 €+32,5%	5 000 €
Turnover	-	6 312 €
Profit margin	-	-113 857,0%

Financial ratios

	2025	2024
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio
Quick ratio
Cash ratio
Efficiency
Days sales outstanding (dso)
Asset turnover
Structure
Debt ratio
Profitability
Operating margin
Net profit margin
Return on assets (roa)
Return on equity (roe)

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50060484 / 12	25.06.2026	Entry – Amendment entry	-	Entered into force25.06.2026
Ä 50060484 / 11	22.06.2026	Entry – Amendment entry	-	Entered into force22.06.2026
Ä 50060484 / M14	14.10.2025	Fine order	29.10.2025	Deficiencies remedied18.11.2025
Ä 50060484 / 10	26.06.2025	Entry – Amendment entry	-	Entered into force26.06.2025
Ä 50060484 / 9	20.06.2025	Entry – Amendment entry	-	Entered into force20.06.2025

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

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

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.

AdEx Network OÜ

Turnover

Labour taxes

State taxes

Estimated salary