Vete Engineering OÜ

Legal form:: Private limited company
Registry code:: 16693270
VAT no.:: EE102595507
Fiscal-year period:: 01.01 - 31.12
Established:: 13.03.2023 (3 y)
Capital:: 300 EUR
Address:: Akadeemia tee 21/1, Mustamäe linnaosa, Tallinn, Harju maakond, 12618
Status:: Registered

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Contacts

Email:: timmu.tollim2gi@gmail.com

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Industries

PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Research and development
72101 – Research and experimental development on natural and technical sciences

Industry TOPNo. 134 of 305 companies

134.Vete Engineering OÜ62.5k €

Main activity 72101 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE102595507	14.03.2023	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	26.08.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	13.03.2023 – 31.12.2023	22.07.2024	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.10.2026.

Delayed declarations

Income- and social-tax return	12.01.2026	15.01.2026	3 d overdue
Income- and social-tax return	10.12.2025	18.12.2025	8 d overdue
VAT return	22.09.2025	24.09.2025	2 d overdue

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations3 Public transactions–Grants–State aid–Public procurement1 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	7 553 €	0 €	39 185 €+176%	2
2026 Q2	0 €	0 €	14 201 €+87,5%	2
2026 Q1	91 €	102 €	7 573 €+400%	2
Total 2026:	7 644 €	102 €	60 959 €
2025 Q4	1 627 €	1 758 €	1 516 €+29,8%	1
2025 Q3	1 626 €	1 758 €	1 168 €−84,7%	1
2025 Q2	1 626 €	1 758 €	7 631 €−20,8%	1
2025 Q1	2 130 €	2 306 €	9 630 €+349%	1
Total 2025:	7 009 €	7 580 €	19 945 €
2024 Q4	1 046 €	1 134 €	2 146 €−32,1%	1
2024 Q3	0 €	1 700 €	3 159 €+59,5%	1
2024 Q2	2 002 €	2 171 €	1 980 €−82,4%	1
2024 Q1	1 395 €	1 535 €	11 227 €+1 289%	1
Total 2024:	4 443 €	6 540 €	18 512 €
2023 Q4	388 €	436 €	808 €−90,0%	1
2023 Q3	1 400 €	0 €	8 113 €	-
2023 Q2	4 €	0 €	0 €	1
2023 Q1	-	-	-	-
Total 2023:	1 792 €	436 €	8 921 €

Revenue by industry

	2023	2024
Research and experimental development on natural and technical sciences		610 €
Other research and experimental development on natural and technical sciences	7 000 €

Tax debts

No tax debt found

No tax debt as of 21.10.2026

Representatives

	Personal ID code
Maido Lipp	38401XXXXXX	19.01.1984 (42)	Board member	13.03.2023	-
Timmu Tollimägi	39406XXXXXX	18.06.1994 (32)	Board member	13.03.2023	-
Tõnis Erbsen	39804XXXXXX	14.04.1998 (28)	Board member	13.03.2023	-

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Shareholders

	Personal ID code
Timmu Tollimägi	39406XXXXXX	18.06.1994 (32)	Shareholder	129 EUR	43,00%	Sole ownership	02.09.2023	-
Maido Lipp	38401XXXXXX	19.01.1984 (42)	Shareholder	99 EUR	33,00%	Sole ownership	02.09.2023	-
Tõnis Erbsen	39804XXXXXX	14.04.1998 (28)	Shareholder	72 EUR	24,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Maido Lipp	38401XXXXXX	19.01.1984 (42)	Founder	10.03.2023	-
Timmu Tollimägi	39406XXXXXX	18.06.1994 (32)	Founder	10.03.2023	-
Tõnis Erbsen	39804XXXXXX	14.04.1998 (28)	Founder	10.03.2023	-

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Ultimate beneficial owners

	Personal ID code
Maido Lipp	38401XXXXXX	19.01.1984 (42)	Direct holding	13.03.2023	-
Timmu Tollimägi	39406XXXXXX	18.06.1994 (32)	Direct holding	13.03.2023	-
Tõnis Erbsen	39804XXXXXX	14.04.1998 (28)	Direct holding	13.03.2023	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 39 185 €
Monthly average: 13 062 €
Per employee: 6 531 €
Equity ratio: 4 353,89%

Labour taxes

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

State taxes

Monthly average: 2 518 €
Turnover ratio: 19,28%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

	2025	2024	2023
Current assets	27 684 €−56,3%	63 279 €−51,8%	131 388 €
Non-current assets	1 107 €−61,0%	2 836 €+22,5%	2 315 €
Total assets	28 791 €−56,5%	66 115 €−50,6%	133 703 €
Short-term liabilities	614 €−71,8%	2 180 €+46,9%	1 484 €
Long-term liabilities	-	-	-
Total liabilities	614 €−71,8%	2 180 €+46,9%	1 484 €
Share or stock capital	-	-	-
Retained earnings	63 635 €−51,8%	131 919 €+43 873%	300 €
Net profit	-35 758 €+47,6%	-68 284 €−152%	131 919 €
Equity	28 177 €−55,9%	63 935 €−51,6%	132 219 €
Turnover	-	610 €−91,3%	7 000 €
Profit margin	-	-11 194,1%	1 884,6%

Financial ratios

	2025	2024	2023
Profit and cash flow
EBITDA	-34 108 €	-66 784 €	131 893 €
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 50223670 / M1	21.07.2024	Warning for deletion from register – annual report not filed	24.10.2024	Deficiencies remedied23.07.2024
Ä 50223670 / 2	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 50223670	13.03.2023	Entry – Initial entry	-	Entered into force13.03.2023

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


23.04.2026End 26.06.2026	Reference number 306206 · Hankeleping	Tallinna TehnikaülikoolContracting authority	33 899 €	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.