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Aktsiaselts Baltflex

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RegisteredHarju County
Registry code
10451494
VAT number
EE100201291
Address
Harju maakond, Rae vald, Peetri alevik, Läike tee 24, 75312
Registered
15.05.1998 · 28 yrs
Activity
Wholesale of machinery for the textile industry and of sewing and knitting machines 46642
Capital
147 968 €
Email
i•••@b•••.euLog in to see
Phone
+372 •• ••••Log in to see
Website
www.baltflex.eu
Business Register 05.10.2026
Sales revenue5,0 m €+18%2025 annual report
Profit1 222 €2025 annual report
Employees25Tax Board 2026 Q2
Average gross salary2 425 €estimate, Tax Board 2026 Q2
Labour taxes per quarter92 749 €Tax Board 2026 Q2
Cash147 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months6,8 m €+5%Tax Board, last 4 quarters
State taxes 12 months1,2 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 1,9 mln €
1,4 M1,7 M1,5 M1,9 M1,4 M1,9 M1,6 M1,9 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
88 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 5% vs a year earlier
Notification when something changes
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Kristjan Laugen2 companiesno tax debtPersonal ID ↗28.07.2020
Other persons 1
Nasdaq CSD SE1983 companies155 with tax debt40 bankruptShare register keeperPersonal ID ↗28.09.2017
Beneficial owners 1
Erkki Etolakaudne osalus29.10.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue16,9%
Labour taxes / revenue4,8%
Revenue per employee per month25 922 €
Gross salary (estimate)2 425 €
Net salary (estimate)1 977 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q21 944 182 €▲ 5%92 749 €327 927 €25
2026 Q11 550 404 €▲ 0%94 396 €261 858 €25
2025 Q41 903 040 €▲ 12%99 547 €307 339 €25
2025 Q31 430 421 €▲ 2%96 079 €265 375 €26
2025 Q21 855 298 €▲ 22%87 927 €289 839 €24
2025 Q11 547 147 €▲ 18%95 721 €206 296 €24
2024 Q41 699 141 €▼ 13%86 193 €278 359 €24
2024 Q31 398 052 €▼ 8%89 771 €241 494 €23
2024 Q21 520 814 €▼ 26%88 981 €275 328 €23
2024 Q11 306 441 €▼ 28%109 435 €246 764 €23
2023 Q41 949 107 €▼ 4%92 126 €241 697 €25
2023 Q31 522 714 €▼ 11%97 175 €244 285 €26
Show full history (18 quarters)
2023 Q22 054 087 €▼ 25%97 535 €283 936 €26
2023 Q11 822 169 €▼ 4%109 995 €241 992 €26
2022 Q42 020 620 €87 143 €295 248 €27
2022 Q31 718 321 €97 339 €234 092 €27
2022 Q22 734 875 €98 231 €333 560 €30
2022 Q11 905 114 €103 523 €262 034 €29

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue5,0 m €▲ 18%4,2 m €▼ 20%5,3 m €▼ 1%5,3 m €▲ 13%4,7 m €
Profit1 222 €▲ into profit-42 419 €▼ into loss332 k €▲ 351%73 564 €▼ 46%135 k €
Profit margin0,0%-1,0%6,3%1,4%2,9%
Retained earnings4,1 m €▼ 1%4,1 m €▲ 9%3,8 m €▲ 2%3,7 m €▲ 4%3,6 m €
Cash147 k €▼ 44%264 k €▲ 96%135 k €▲ 13×10 340 €▲ 19%8 711 €
Current assets2,9 m €▲ 7%2,8 m €0%2,8 m €▲ 3%2,7 m €▲ 4%2,6 m €
Fixed assets1,9 m €▼ 2%1,9 m €0%1,9 m €▼ 3%2,0 m €▼ 2%2,0 m €
Assets4,8 m €▲ 3%4,7 m €0%4,7 m €▲ 1%4,7 m €▲ 1%4,6 m €
Current liabilities574 k €▲ 38%415 k €▲ 7%386 k €▼ 43%679 k €▼ 3%697 k €
Long-term liabilities10 138 €▼ 5%10 693 €▼ 17%12 821 €▼ 46%23 565 €0%23 565 €
Total liabilities584 k €▲ 37%425 k €▲ 7%399 k €▼ 43%703 k €▼ 3%721 k €
Equity4,2 m €0%4,2 m €▼ 1%4,3 m €▲ 8%4,0 m €▲ 2%3,9 m €
Labour costs-890 k €▼ 4%-854 k €▲ 10%-952 k €▼ 1%-946 k €▼ 2%-930 k €
Employees240%24▼ 8%26▼ 7%280%28
Filed18.06.202619.06.202517.06.202428.06.202316.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Wholesale of machinery for the textile industry and of sewing and knitting machines main activity466424 956 523 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 05.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

86 450 € makseid · 3 tenders · 1 toetust

Transactions with state institutions

202611 932 €
20257 057 €
202446 405 €
202321 056 €

Largest payers

Riigi Kaitseinvesteeringute Keskus45 429 €
Kaitseliit20 888 €
Jõgeva Vallavalitsus3 931 €
Maaelu Teadmuskeskus2 259 €
SA Pärnu Haigla1 837 €
All payments by month
MonthPayerTypeFieldAmount
08.2026Jõgeva VallavalitsusOperating costsOther economic affairs (incl. administration)3 931 €
07.2026Eesti MaaülikoolOperating costsTertiary education956 €
06.2026Muhu VallavalitsusOperating costsMuu energia- ja soojamajandus564 €
06.2026KaitseliitOperating costsOther national defence299 €
06.2026KaitseliitOther operating expensesOther national defence72 €
05.2026KaitseliitOperating costsOther national defence1 404 €
05.2026Tallinna TehnikaülikoolOperating costsTertiary education446 €
05.2026KaitseliitOther operating expensesOther national defence337 €
05.2026Keemilise ja Bioloogilise Füüsika InstituutOperating costsAlusuuringud313 €
04.2026Valga VallavalitsusOperating costsOther housing and communal services384 €
04.2026KaitseliitOperating costsOther national defence334 €
04.2026Kihnu VallavalitsusOperating costsOther economic affairs (incl. administration)320 €
04.2026KaitseliitOther operating expensesOther national defence80 €
03.2026Tallinna TehnikaülikoolOperating costsTeadus- ja arendustegevus hariduses252 €
02.2026Tallinna TehnikakõrgkoolOperating costsTertiary education460 €
02.2026OÜ Lääne-Nigula HaldusOperating costsOther housing and communal services451 €
02.2026Tallinna TehnikaülikoolOperating costsTeadus- ja arendustegevus hariduses155 €
02.2026Keemilise ja Bioloogilise Füüsika InstituutOperating costsAlusuuringud105 €
01.2026Keemilise ja Bioloogilise Füüsika InstituutOperating costsAlusuuringud607 €
01.2026Gustav Adolfi Gümnaasium Operating costsBasic and general secondary education461 €
11.2025Keemilise ja Bioloogilise Füüsika InstituutOperating costsAlusuuringud123 €
10.2025KaitseliitOperating costsOther national defence561 €
10.2025KaitseliitOther operating expensesOther national defence135 €
10.2025Muhu VallavalitsusOperating costsMuu energia- ja soojamajandus116 €
09.2025Elva VallavalitsusOperating costsBioloogilise mitmekesisuse ja maastiku kaitse955 €
07.2025KaitseliitOperating costsOther national defence160 €
07.2025KaitseliitOther operating expensesOther national defence35 €
05.2025AS Eesti RaudteeOperating costsRail transport184 €
04.2025KaitseliitOperating costsOther national defence1 977 €
04.2025Rakvere LinnavalitsusOperating costsFolk culture460 €
04.2025KaitseliitOther operating expensesOther national defence435 €
04.2025OÜ Saarde KommunaalOperating costsWastewater treatment184 €
04.2025Rahvusooper EstoniaOperating costsTheatres176 €
03.2025Lääne-Tallinna Keskhaigla ASOperating costsSpecialised hospital services819 €
03.2025KaitsevägiOperating costsMilitary defence192 €
02.2025SA Pärnu HaiglaOperating costsGeneral hospital services273 €
02.2025KaitsevägiOperating costsMilitary defence109 €
01.2025Keemilise ja Bioloogilise Füüsika InstituutOperating costsAlusuuringud163 €
10.2024KaitseliitOperating costsOther national defence92 €
10.2024KaitseliitOther operating expensesOther national defence20 €
09.2024KaitseliitOperating costsOther national defence381 €
09.2024Keemilise ja Bioloogilise Füüsika InstituutOperating costsAlusuuringud163 €
09.2024KaitseliitOther operating expensesOther national defence84 €
07.2024Luua MetsanduskoolOperating costsVocational education113 €
06.2024Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence18 947 €
06.2024KaitseliitOperating costsOther national defence635 €
06.2024KaitseliitOther operating expensesOther national defence140 €
05.2024RiigilaevastikOperating costsWater transport231 €
04.2024Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence10 143 €
03.2024Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence2 310 €
03.2024OÜ OlmeOperating costsOther housing and communal services127 €
02.2024Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence7 970 €
02.2024OÜ Tartu Valla HaldusOperating costsOther housing and communal services275 €
02.2024KaitseliitOperating costsOther national defence120 €
02.2024KaitseliitOther operating expensesOther national defence26 €
01.2024KaitseliitOperating costsOther national defence2 117 €
01.2024Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence2 084 €
01.2024KaitseliitOther operating expensesOther national defence423 €
12.2023KaitseliitOperating costsOther national defence512 €
12.2023Tartu ÜlikoolOperating costsTertiary education161 €
12.2023Tallinna TehnikaülikoolOperating costsTeadus- ja arendustegevus hariduses117 €
12.2023KaitseliitOther operating expensesOther national defence102 €
11.2023Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence1 925 €
10.2023KaitseliitOperating costsOther national defence798 €
10.2023KaitseliitOther operating expensesOther national defence160 €
08.2023KaitseliitOperating costsOther national defence1 630 €
08.2023KaitseliitOther operating expensesOther national defence326 €
07.2023Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence677 €
07.2023KaitseliitOperating costsOther national defence238 €
07.2023KaitseliitOther operating expensesOther national defence48 €
06.2023Tartu LinnatransportOperating costsPublic transport organisation1 294 €
06.2023KaitseliitOperating costsOther national defence1 247 €
06.2023Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence867 €
06.2023KaitseliitOther operating expensesOther national defence249 €
06.2023KaitsevägiOperating costsMilitary defence194 €
05.2023Riigi Kaitseinvesteeringute KeskusOperating costsMilitary defence505 €
05.2023SA Uderna HooldekoduOperating costsGeneral care services outside the home120 €
03.2023Maaelu TeadmuskeskusOperating costsTeadus- ja arendustegevus põllu-, metsamajanduses, kalanduses, jahinduses2 259 €
03.2023KaitseliitOperating costsOther national defence1 453 €
03.2023KaitseliitOther operating expensesOther national defence291 €
03.2023Tartu VallavalitsusOperating costsSport250 €
02.2023KaitseliitOperating costsOther national defence1 806 €
02.2023SA Pärnu HaiglaOperating costsGeneral hospital services1 564 €
02.2023KaitseliitOther operating expensesOther national defence361 €
02.2023AS Tallinna LinnatransportOperating costsPublic transport organisation104 €
01.2023KaitseliitOperating costsOther national defence1 499 €
01.2023KaitseliitOther operating expensesOther national defence300 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Public procurement contracts

DateContracting authorityTenderAmount
08.04.2026Riigi Kaitseinvesteeringute KeskusKHL hüdraulikasüsteemide remont- ja hooldustööd Võrumaal10 000 €
11.11.2025Aktsiaselts Tallinna LennujaamTLL- Aktsiaselts Baltflex Raamleping TL_H_1017600 000 €
25.02.2025Enefit Power ASHOOLDUS- JA REMONDITÖÖDE NING VARUOSADE MÜÜGI RAAMLEPING NR NJ-VRP-1/4158100 000 €

Public Procurement Register

Toetuse saanud projektid

ProjektMeedePerioodToetusVälja makstud
Arendusprojekt 'Baltflex ASi strateegiline juhtimine'
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		Ettevõtete arengu toetamine01.10.2004 – 05.12.20049 906 €

Riigi Tugiteenuste Keskus, toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Wholesale of machinery for the textile industry and of sewing and knitting machines

20
#CompanyRevenue
1Alwark OÜ11,2 m €
2OÜ Laadur10,1 m €
3Ecopress Waste Systems OÜ10,0 m €
4aktsiaselts Agrovaru6,6 m €
5Osaühing CERTEX Eesti6,4 m €
6Aktsiaselts Baltflex5,0 m €
7Osaühing Baltform2,3 m €
8Osaühing EUROMERICA-INTERNATIONAL CRANES MACHINERY2,2 m €
9SMC AUTOMATION OÜ1,9 m €
10Intra Material-Handling OÜ1,6 m €
11Laotehnika OÜ1,6 m €
12Baltexim OÜ1,5 m €
13aktsiaselts EXAN1,5 m €
14Strele Industrial OÜ1,4 m €
15Taivia Star Systems OÜ1,1 m €
16Radius Hydraulics OÜ1,1 m €
17TG LIFT OÜ1,0 m €
18GRI Nordic OÜ1,0 m €
19Goodsense Baltic OÜ929 k €
20aktsiaselts SAVO-AUTO765 k €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, pledges, domains

5 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
MasinatöödTMT00004005.07.2012

Commercial pledges

NumberPandipidajaAmountSince
3aktsiaselts Hansapank1 000 000 €13.02.2008
2aktsiaselts Hansapank1 600 000 €27.03.2001
1Oy Nestepaine Ab registri nr. 563.530922 000 €24.05.1999

Domains

DomainSource
baltflex.euBusiness Register

History and notices

28
DateTypeContent
28.07.2020EntryAmendment entry
19.06.2019Order to remedy deficiencies to correct non-entry dataAmendment entry
14.12.2018EntryAmendment entry
13.12.2018Order to remedy deficienciesAmendment entry
16.01.2018EntryAmendment entry
07.11.2017EntryAmendment entry
01.11.2017Administrative order
28.09.2017EntryAmendment entry
13.09.2017Administrative order
22.09.2014EntryAmendment entry
05.06.2012EntryAmendment entry
03.02.2012Kättetoimetatav määrusAmendment entry
25.10.2011Order to remedy deficienciesAmendment entry
03.08.2011Negative entry order: deficiencies not remediedAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
26.06.2008EntryAmendment entry
13.02.2008EntryKommertspandi avamiskanne
03.10.2007AruandetrahvimäärusTäiendav toimiku dokumentide kontroll
29.11.2005Jaatav kandeotsusAmendment entry
23.11.2005Kättetoimetatav puuduste kõrvaldamise määrusAmendment entry
03.11.2005Kättetoimetatav puuduste kõrvaldamise määrusAmendment entry
02.11.2005Eitav kandeotsusAmendment entry
07.06.2005Kättetoimetatav puuduste kõrvaldamise määrusAmendment entry
03.01.2005Kättetoimetatav puuduste kõrvaldamise määrusAmendment entry
28.05.2003Jaatav kandeotsusAmendment entry
15.10.2002Jaatav kandeotsusMitteavaldatav muutmiskanne
28.05.2002Jaatav kandeotsusKommertspandi muutmiskanne
01.04.2002Kandeotsus ex officioMärkus