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Search›Companies›VZ AdTech OÜ
16792475ActivePrivate limited companyEE102644092 · VAT-registered

VZ AdTech OÜ

Harju maakond, Tallinn, Kristiine linnaosa, Kotkapoja tn 2a-10·EMTAK 58291 — Other software publishing·3+ years
Andmed · ···
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Overview

e-Business Register · 7 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
08.08.2023e-Business Register
Address
Kotkapoja tn 2a-10, Kristiine linnaosa, Tallinn, 10615 Harju maakondADS · e-Business Register
E-mail address
cashnewstrends@gmail.come-Business Register
Principal activity
EMTAK 58291 - Other software publishinge-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
10 000,00 €e-Business Register
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

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  • Activity licences
  • Recent registrations

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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 6 sourcese-Business Register · 1 min agoMTA
e-Business Register ↗

Registered 8. august 2023, primary activity: Other software publishing. Main place of business in Kristiine linnaosa, Tallinn, Harju maakond.

Revenue 2026 III kv
1 416 504 €
▲ 169% vs 2025 III kv
As of 10.10.2026 (MTA)
Employees
2
2026 (MTA)
Taxes paid
23 115 €
State + labour taxes · 2026 III kv
Tax debt
0 €
As of 08.11.2026 (MTA)
Revenue 2026 (I-III kv)
1,8m €
▲ 25% vs 2025 I-III kv
As of 10.10.2026 (MTA)
Employees
2
2026 (MTA)
Taxes paid
80k €
State + labour taxes · 2026 (I-III kv)
Tax debt
€0
As of 08.11.2026 (MTA)

Officers (2)

e-Business Register · 7 h ago
HZ
Humberto Zezulka Machado
Born 1992 · 34 y · board member since 08.08.2023
Board member
LF
Luis Fernando Vitoretti Lourenço
Born 1992 · 33 y · board member since 29.04.2024
Board member

Founders

e-Business Register · 7 h ago
HZ
Humberto Zezulka Machado
Born 1992 · 34 y · founder since 07.08.2023
Founder · 1 €

Shareholders

e-Business Register · 7 h ago
AH
AdFox Holding OÜLEGAL PERSON
Legal person · 17082501 · shareholder since 31.01.2025
Shareholder 100% · 10k €

Other persons

e-Business Register · 7 h ago
PA
Premium Accounting OÜLEGAL PERSON
Legal person · 14683511 · contact person since 12.08.2024
Contact person

Annual reports (2)

e-Business Register · annual reports · 10.10.2026
Revenue 2025
1,3m €
↗ +65.8% vs 2024
Employees 2025
2
0.0% vs 2024
YearRevenueProfitEquityAssetsEmployees

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.10.2026 as of
2,0m €1,0m €0

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
30.06.2026ReportEsitati 2025. aasta aruanne— Käive 1 271 053 €
2025
18.06.2025ReportEsitati 2024. aasta aruanne— Käive 766 632 €
31.01.2025OfficerSai osanikuks— AdFox Holding OÜ · · 100 %

Connected companies

Same-person ties · e-Business Register

VZ AdTech OÜ is connected to 16 other companies through 2 people who hold a role here and elsewhere. The strongest tie runs through Humberto Zezulka Machado (11 companies).

Total connections
16
via 2 people
Connecting people
2
Active here
Distinct roles
2
Board member · Founder
Strongest tie
Humberto
11 companies
Via personHumberto Zezulka Machado
20251 271 053 €266 122 €436k €456k €230.06.2026
2024766 632 €364 516 €375k €416k €218.06.2025
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
2023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-III Q1 813 670 €44 156 €35 370 €2
20251 994 606 €102 743 €46 003 €2
2024783 322 €19 784 €19 568 €1
2023I-IV Q100 €–––
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026278k €119k €1,4m €–
State taxes 202621k €12k €11k €–
Taxes on workforce 202612k €12k €12k €–
Employees 2026222–
Revenue 2025405k €518k €527k €544k €
State taxes 202521k €29k €25k €29k €
Taxes on workforce 202511k €12k €12k €12k €
Employees 20252222
Revenue 2024150k €110k €304k €219k €
State taxes 2024––10k €10k €
Taxes on workforce 2024––10k €10k €
Employees 2024–––1
Revenue 2023––0 €100 €
State taxes 2023––––
Taxes on workforce 2023––––
Employees 2023––––
11
Luis Fernando Vitoretti Lourenço5
HZ
Humberto Zezulka Machado
board member, founder
11 other companies›
CompanyRoleReg. code
4Ads Tech OÜ
FounderShareholder 25%Board member
17555848
ActiveGateway OÜ
FounderShareholder 25%Board member
17580220
ActiveView OÜ
Shareholder 25%Board member
16639782
AdFox Holding OÜ
FounderShareholder 50%Board member
17082501
AppView OÜ
FounderShareholder 17%Board member
17141800
CreditStacker OÜ
Board member
16467237
EchoNews OÜ
Board member
16587705
IansTech OÜ
Board memberFounderShareholder 50%
16842095
MDA AdTech OÜ
Board memberFounder
16825300
PubViews OÜ
Shareholder 25%Board member
16606236
Synaptica OÜ
Board member
17296513
LF
Luis Fernando Vitoretti Lourenço
board member
5 other companies›
CompanyRoleReg. code
AdFox Holding OÜ
FounderShareholder 50%Board member
17082501
CreditStacker OÜ
Board member
16467237
EchoNews OÜ
Board member
16587705
MDA AdTech OÜ
Board memberShareholder 5%
16825300
Synaptica OÜ
Board member
17296513

Analysis · 2025

computed from annual reports
Revenue1,3m €median 39k €32.6× the sector median
Net margin20.9%median 4.9%+16.0 pp vs sector median
Revenue per employee636k €median 86k €7.4× the sector median
Revenue change65.8%median 5.7%+60.1 pp vs sector median
Equity ratio95.6%
Current ratio17.97
Labour cost of revenue8.0%
Profit per employee133 061 €
Compared with2024revenue 767k €

Peer group: Muu tarkvara kirjastamine, 478 trading companies that filed a report in the last three years.

Founded 2023. That year 19,358 osaühing were registered; 18,725 are still trading, or 96.7%.