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Address: Parda tn 8, 10151 Tallinn, Estonia
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Search›Companies›Bilance Technology OÜ
14637103ActivePrivate limited companyEE102631335 · VAT-registered

Bilance Technology OÜ

Harju maakond, Tallinn, Kristiine linnaosa, Spordi tn 10a-5·EMTAK 62101 — Computer programming activities·7+ years
Andmed · ···
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Overview

e-Business Register · 5 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
07.01.2019e-Business Register
Address
Spordi tn 10a-5, Kristiine linnaosa, Tallinn, 11315 Harju maakondADS · e-Business Register
E-mail address
mihkel.vetemaa@gmail.come-Business Register
Principal activity
EMTAK 62101 - Computer programming activitiese-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
3298,17 €e-Business Register
nimistu
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Recent registrations

Data

  • 72 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
  • For journalists
  • Donation terms
  • Refunds
  • Terms
  • Privacy
  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 12 sourcese-Business Register · just nowMTARTKEIS · PRIAEUIPOPatendiamet
e-Business Register ↗

Registered 7. jaanuar 2019, primary activity: Computer programming activities. Main place of business in Kristiine linnaosa, Tallinn, Harju maakond.

Revenue 2026 (I kv)
312 329 €
▲ 145% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
5
2026 (MTA)
Taxes paid
29 511 €
State + labour taxes · 2026 (I kv)
Tax debt
0 €
As of 25.06.2026 (MTA)
Revenue 2026 (I kv)
312k €
▲ 145% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
5
2026 (MTA)
Taxes paid
30k €
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 25.06.2026 (MTA)

Tax debt over time

MTA · last 365 d

Current debt: 0,00 €. History updated daily.

30 days
−889,28 €
889,28 € → 0,00 €
90 days
–
no data yet
365 days
–
no data yet

Officers (2)

e-Business Register · 5 h ago
MV
Mihkel Vetemaa
Born 1990 · 35 y · board member since 07.01.2019
Board member
EM
Erik Martin Vetemaa
Born 1998 · 28 y · board member since 05.12.2022
Board member

Founders (2)

e-Business Register · 5 h ago
MV
Mihkel Vetemaa
Born 1990 · 35 y · founder since 15.12.2018
Founder · 1k €
OP
Olev Peters
Born 1971 · 54 y · founder since 15.12.2018
Founder · 1k €

Shareholders (7)

e-Business Register · 5 h ago
0%50%100%
Founder / management
76.9% · 2
VC
20.3% · 4
Long tail
2.8% · 2
#ShareholderType%€
1
Erik Martin Vetemaa
Founder / management42.76%1k €
2
Mihkel Vetemaa
Founder / management34.11%1k €
3
Usaldusfond Specialist VC Primary and Secondary Fund II
VC10.75%354,43 €
4
Thorgate Ventures III OÜ
VC
Concentration

How tightly the cap table is held. Top-N shows the combined stake of the largest N shareholders; the 80% line is the smallest group that together controls 80%; Gini is 0 when stakes are perfectly equal, 1 when one holder owns everything.

Top 1
42.8%
Top 3
87.6%
Top 5
95.5%
Top 10
100.0%
80% line
3 of 8
Gini
0.61

Dominant holder: 42.8% – non-controlling but blocking.

EM
Erik Martin Vetemaa
Born 1998 · 28 y · shareholder since 28.03.2025
Shareholder 43% · 1k €
MV
Mihkel Vetemaa
Born 1990 · 35 y · shareholder since 03.09.2023
Shareholder 34% · 1k €
US
Usaldusfond Specialist VC Primary and Secondary Fund IILEGAL PERSON
Legal person · 16392077 · shareholder since 28.03.2025
Shareholder 11% · 354,43 €
TV
Thorgate Ventures III OÜ

Beneficial owners (2)

e-Business Register · 5 h ago
MV
Mihkel Vetemaa
Born 1990 · 35 y · ultimate beneficial owner since 19.07.2020
Ultimate beneficial owner
EM
Erik Martin Vetemaa
Born 1998 · 28 y · ultimate beneficial owner since 26.01.2022
Ultimate beneficial owner

Annual reports (6)

e-Business Register · annual reports · 5 päeva tagasi
Revenue 2024
169k €
↗ +61.3% vs 2023
State taxes 2025
77k €
↗ +14.8% vs 2024
Employees 2024
4
0.0% vs 2023
YearRevenueProfitEquityAssetsEmployees
2024169 121 €−134 643 €134k €198k €406.05.2025
2023104 853 €−75 951 €268k €292k €409.05.2024
202213 629 €−3667 €44k €51k €219.09.2023
2021500 €489 €
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
500k €250k €0
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q312 329 €14 019 €15 492 €5
2025491 118 €76 946 €83 221 €5
2024274 328 €67 039 €72 577 €4
2023I-IV Q60 680 €30 731 €33 318 €4
2022–
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026312k €–––
State taxes 202614k €–––
Taxes on workforce 202615k €–––
Employees 20265–––
Revenue 2025128k €123k €103k €137k €
State taxes 202512k €20k €

Trademarks (2 · 1 ended)

Patendiamet · EUIPO · 17.05.2026
Bilance
3 classes · figurative-word · 25.03.2024 · M202400292
Registered
Bilance
1 class · figurative-word · 13.11.2023 · M202301001
Registered
Show ended (1)
Bilance
1 class · figurative · 16.11.2023 · 018951646
Refused

Grants (1 · 1k €)

EIS + PRIA + Kohesio + Estonian Unemployment Insurance Fund
Bilance Technology OÜ/ TA töötaja toetus
EISEttevõtja teadus- ja arendustöötaja toetus 2025Riigieelarve (RE)2025
1230 €

State-sector payments (1 · 1k €)

RTK Makseandmik · 15.05.2026
Transactions
1
2025–2025 · 1 year
Total amount
1k €
avg 1k €
Buyers
1
State and municipal bodies
Latest
14.10.2025
1k € · MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM
20251 transaction · 1k €
14.102025
MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM70003158
MUUD TOETUSED · Teadus- ja arendustegevus üldises majandus-, kaubandus- ja tööjõupoliitikas
1230 €

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
12.05.2026TaxMaksuvõlg kasvas— +889 € (kokku 889 €)
2025
14.05.2025OfficerSai osanikuks— Thorgate Ventures III OÜ · · 2 %
14.05.2025FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 50109199 / 11 · Olek: Jõustunud
  • Kanne nr 11 · kanne
13.05.2025FilingOsanike muutmine— Ä 50109199 / M7 · Olek: Puudused kõrvaldatud
06.05.2025ReportEsitati 2024. aasta aruanne— Käive 169 121 €
28.03.2025OfficerSai osanikuks3×expand ›hide ⌃
  • Erik Martin Vetemaa · · 43 %
  • Usaldusfond Specialist VC Primary and Secondary Fund II · · 11 %
  • Thorgate Ventures III OÜ · · 6 %
28.03.2025FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 50109199 / 10 · Olek: Jõustunud
  • Kanne nr 10 · kanne

Connected companies

Same-person ties · e-Business Register

Bilance Technology OÜ is connected to 3 other companies through 2 people who hold a role here and elsewhere. The strongest tie runs through Mihkel Vetemaa (2 companies).

Total connections
3
via 2 people
Connecting people
2
Active here
Distinct roles
4
Board member · Founder
Strongest tie
Mihkel
2 companies
Via personMihkel Vetemaa2Olev Peters1
MV
Mihkel Vetemaa
board member, founder, shareholder 34%, ultimate beneficial owner
2 other companies›
CompanyRoleReg. code
Täitsa Pekkis Saade OÜ
Board memberFounderUltimate beneficial ownerShareholder 49%
16132927
Vetemaa Holdings OÜ
5.77%
190,46 €
5
Thorgate Ventures III OÜ
VC2.14%70,52 €
6
OÜ Punased Palmid
Long tail1.73%57,18 €
7
Tehnopol Ventures OÜ
VC1.66%54,68 €
8
Shuhari OÜ
Long tail1.07%35,44 €
LEGAL PERSON
Legal person · 14799745 · shareholder since 28.03.2025
Shareholder 6% · 190,46 €Shareholder 2% · 70,52 €
OP
OÜ Punased PalmidLEGAL PERSON
Legal person · 14099427 · shareholder since 03.09.2023
Shareholder 2% · 57,18 €
TV
Tehnopol Ventures OÜLEGAL PERSON
Legal person · 16135392 · shareholder since 03.09.2023
Shareholder 2% · 54,68 €
SO
Shuhari OÜLEGAL PERSON
Legal person · 14826465 · shareholder since 27.12.2023
Shareholder 1% · 35,44 €
489 €
489 €
0
04.07.2022
20200 €0 €0 €0 €012.04.2022
20190 €0 €0 €0 €024.03.2022
75 €
0 €
2
24k €
21k €
Taxes on workforce 202512k €22k €26k €23k €
Employees 20255555
Revenue 202473k €74k €70k €58k €
State taxes 202415k €18k €23k €10k €
Taxes on workforce 202416k €19k €25k €11k €
Employees 20244554
Revenue 2023––10k €51k €
State taxes 20235k €5k €12k €8k €
Taxes on workforce 20236k €6k €13k €9k €
Employees 20234444
Revenue 2022––––
State taxes 2022–75 €––
Taxes on workforce 2022–0 €––
Employees 2022–––2
Board memberFounderUltimate beneficial ownerShareholder 100%
17065400
OP
Olev Peters
founder
1 other company›
CompanyRoleReg. code
BI Solutions OÜ
FounderShareholder 25%Ultimate beneficial owner
14812032