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Innovation Academy Sihtasutus

Legal form:

Foundation

Registry code:

90012509

VAT no.:

EE101685337

Fiscal-year period:

01.01 - 31.12

Established:

05.09.2013 (12)

Address:

Valukoja tn 8/1, Lasnamäe linnaosa, Tallinn, Harju maakond, 11415

Status:

Registered

Contacts

Email:

veikikolk1@gmail.com

Phone:

+372 56486359

Website:

https://www.inacademy.eu

Industries

EDUCATION
Education
Other education
85599 - Other education n.e.c.

VAT liability

	Start	End
EE101685337	17.12.2013

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	25.06.2025	Valid
2023	01.01.2023 - 31.12.2023	12.09.2024	Valid
2022	01.01.2022 - 31.12.2022	26.09.2023	Valid
2021	01.01.2021 - 31.12.2021	23.09.2022	Valid
2020	01.01.2020 - 31.12.2020	29.06.2021	Valid
2019	01.01.2019 - 31.12.2019	08.07.2020	Valid
2018	01.01.2018 - 31.12.2018	30.06.2019	Valid
2017	01.01.2017 - 31.12.2017	11.05.2018	Valid
2016	01.01.2016 - 31.12.2016	18.05.2017	Valid
2015	01.01.2015 - 31.12.2015	29.06.2016	Valid
2014	01.01.2014 - 31.12.2014	13.07.2015	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 06.06.2026.

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	22 826 €	25 123 €	363 319 €82.5%	3
Kokku 2026:	22 826 €	25 123 €	363 319 €
2025 Q4	29 788 €	29 270 €	199 106 €14.5%	4
2025 Q3	32 992 €	27 553 €	232 917 €64.4%	4
2025 Q2	34 236 €	36 572 €	654 610 €216.6%	5
2025 Q1	27 990 €	29 061 €	206 747 €10.4%	6
Kokku 2025:	125 006 €	122 456 €	1 293 380 €4.3%
2024 Q4	37 917 €	39 762 €	230 638 €9.2%	6
2024 Q3	42 804 €	42 204 €	211 241 €71.1%	7
2024 Q2	37 528 €	39 942 €	731 249 €309.7%	7
2024 Q1	38 546 €	38 787 €	178 499 €38.1%	8
Kokku 2024:	156 795 €	160 695 €	1 351 627 €24.2%
2023 Q4	44 259 €	46 726 €	288 487 €51.8%	8
2023 Q3	27 785 €	29 875 €	598 324 €11.5%	8
2023 Q2	29 992 €	32 282 €	676 078 €208.4%	7
2023 Q1	35 088 €	36 441 €	219 186 €33.1%	8
Kokku 2023:	137 124 €	145 324 €	1 782 075 €34.7%
2022 Q4	44 982 €	39 986 €	164 728 €51.2%	7
2022 Q3	33 465 €	34 518 €	337 462 €42.8%	7
2022 Q2	74 100 €	50 982 €	590 312 €156.2%	5
2022 Q1	48 797 €	46 153 €	230 381 €113.0%	6
Kokku 2022:	201 343 €	171 638 €	1 322 883 €178.9%
2021 Q4	34 776 €	31 715 €	108 166 €62.1%	6
2021 Q3	40 640 €	41 217 €	66 709 €56.2%	6
2021 Q2	33 641 €	31 797 €	152 201 €3.3%	8
2021 Q1	45 554 €	35 266 €	147 289 €100.1%	8
Kokku 2021:	154 611 €	139 996 €	474 365 €5.4%
2020 Q4	37 946 €	37 770 €	73 625 €238.9%	8
2020 Q3	31 284 €	30 156 €	-53 024 €171.7%	8
2020 Q2	68 089 €	69 659 €	73 964 €79.2%	6
2020 Q1	60 621 €	60 618 €	355 492 €28.6%	14
Kokku 2020:	197 941 €	198 203 €	450 057 €74.5%
2019 Q4	70 403 €	65 904 €	276 400 €30.4%	14
2019 Q3	76 763 €	79 460 €	396 936 €41.2%	18
2019 Q2	71 880 €	68 542 €	674 601 €61.8%	17
2019 Q1	72 064 €	63 974 €	416 954 €58.4%	18
Kokku 2019:	291 110 €	277 880 €	1 764 891 €70.0%
2018 Q4	59 117 €	58 852 €	263 215 €63.4%	17
2018 Q3	60 354 €	64 504 €	161 053 €71.3%	19
2018 Q2	74 177 €	55 046 €	560 761 €950.1%	19
2018 Q1	83 593 €	86 996 €	53 401 €65.7%	18
Kokku 2018:	277 241 €	265 398 €	1 038 430 €35.3%
2017 Q4	40 683 €	40 056 €	155 466 €40.6%	16
2017 Q3	73 088 €	66 397 €	261 835 €40.8%	13
2017 Q2	47 683 €	48 925 €	185 979 €13.2%	13
2017 Q1	52 339 €	48 609 €	164 264 €9.7%	14
Kokku 2017:	213 793 €	203 987 €	767 544 €12.9%
2016 Q4	21 559 €	23 291 €	181 997 €35.0%	12
2016 Q3	34 132 €	35 821 €	279 904 €28.2%	12
2016 Q2	45 094 €	27 948 €	218 386 €8.7%	12
2016 Q1	28 930 €	25 711 €	200 905 €20.8%	12
Kokku 2016:	129 715 €	112 771 €	881 192 €32.4%
2015 Q4	18 142 €	17 728 €	253 801 €53.3%	10
2015 Q3	17 070 €	11 563 €	165 547 €31.6%	10
2015 Q2	23 039 €	8 789 €	125 829 €4.4%	10
2015 Q1	10 738 €	8 421 €	120 563 €	10
Kokku 2015:	68 989 €	46 501 €	665 740 €

Tax debts

No tax debt found

No tax debt as of 06.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Veiki Kolk	37610XXXXXX	07.10.1976 (49)	Board member	05.09.2013	-

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
Alar Kolk	37402XXXXXX	05.02.1974 (52)	Chairman of the supervisory board	20.04.2022	-
Fred Krieger	37805XXXXXX	07.05.1978 (48)	Supervisory-board member	21.02.2022	-
Ivo Vaks	37510XXXXXX	09.10.1975 (50)	Supervisory-board member	21.02.2022	-

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

1 - 3 / 3 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Alar Kolk	37402XXXXXX	05.02.1974 (52)	Founder-rights holder, supervisory-board member, board member	05.05.2023	-
Fred Krieger	37805XXXXXX	07.05.1978 (48)	Founder-rights holder, supervisory-board member, board member	05.05.2023	-
Ivo Vaks	37510XXXXXX	09.10.1975 (50)	Founder-rights holder, supervisory-board member, board member	05.05.2023	-
Veiki Kolk	37610XXXXXX	07.10.1976 (49)	Founder-rights holder, supervisory-board member, board member	18.10.2018	-

1 - 4 / 4 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

363 319 €

Monthly average

121 106 €

Per employee

40 369 €

Equity ratio

Labour taxes

Turnover ratio

6,91%

Tax ratio

110,06%

Monthly average

8 374 €

Per employee

2 393 €

State taxes

Monthly average

7 609 €

Turnover ratio

6,28%

Estimated salary

Gross salary

4 270 €

Net salary

3 321 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	399 814 €16.3%	477 552 €68.6%	283 242 €47.2%	536 518 €6.5%	573 587 €38.7%	935 470 €
Non-current assets	4 079 €13.4%	4 712 €83.1%	2 574 €96.7%	77 294 €33.5%	116 193 €220.3%	36 279 €
Total assets	403 893 €16.3%	482 264 €68.7%	285 816 €53.4%	613 812 €11.0%	689 780 €29.0%	971 749 €
Short-term liabilities	311 196 €11.7%	352 465 €30.1%	270 959 €20.0%	338 820 €10.7%	379 567 €57.1%	883 935 €
Long-term liabilities	-	-	-	-	-	-
Total liabilities	311 196 €11.7%	352 465 €30.1%	270 959 €20.0%	338 820 €10.7%	379 567 €57.1%	883 935 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	-	-	-	-	-	-
Net profit	-	-	-	-	-	-
Equity	-	-	-	-	-	-
Turnover	-	-	-	-	-	-
Profit margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-ZG AYI	LID XVX	-LDM NUY	-6 001	215 128
Liquidity
Current ratio	V.K	U.T	Q.X	1.6	1.5
Quick ratio	G.P	T.H	G.T	1.6	1.5
Cash ratio	Y.I	I.V	M.Q	1.1	1.3
Efficiency
Days sales outstanding (dso)	-	-	-	-	-
Asset turnover	-	-	-	-	-
Structure
Debt ratio	G.T	I.K	K.R	0.6	0.6
Profitability
Operating margin	-	-	-	-	-
Net profit margin	-	-	-	-	-
Return on assets (roa)	-M.Q%	WR.L%	-ZW.J%	-5.4%	26.8%
Return on equity (roe)	-GL.R%	EW.Q%	-T HDG.N%	-12.8%	71.7%

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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	Deadline	Status
S 10187171 / M7	04.09.2024	Warning for deletion from register – annual report not filed	08.12.2024	Deficiencies remedied (13.09.2024)
S 10187171 / M6	27.07.2024	Warning for deletion from register – annual report not filed	30.10.2024	Deficiencies remedied (24.08.2024)
S 10187171 / 9	01.02.2023	Entry - Amendment entry		Entered into force (01.02.2023)
S 10187171 / 8	19.05.2022	Entry - Amendment entry		Entered into force (19.05.2022)
S 10187171 / M5	17.05.2022	Order to remedy deficiencies - Amendment entry	01.06.2022	Deficiencies remedied (19.05.2022)

1 - 5 / 16 rows

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

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date	Participants
2-17-9137/25	Civil case	Court ruling (Compromise ruling)	Labour law	Aleksandr Kondrašov	ECLI:EE:HMK:2017:2.17.9137.29384	27.12.2017

1 - 1 / 1 rows

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
09.02.2023	Tartu Ülikool	598.00 € Received	OPERATING EXPENSES Tertiary education

Innovation Academy Sihtasutus

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