M2 REAL ESTATE DEVELOPMENT OÜ
- Registry code
- 16508166
- VAT number
- EE102500136
- Address
- Tartu maakond, Tartu linn, Vorbuse küla, Ala-Kivistiku, 61412
- Registered
- 26.05.2022 · 4 yrs
- Activity
- Real estate agencies 68311
- Capital
- 50 000 €
- m•••@g•••.comLog in to see
Business Register 06.10.2026
Tax debt over €10,000 and over 90 days
Annual report 2023 not filed, deadline was 30.06.2024
Sales revenue48 850 €2022 annual report
Profit-5 076 €2022 annual report
Labour taxes per quarter0 €Tax Board 2025 Q3
Cash2 303 €Cash 31.12.2022, annual report
Tax debt286 337 €unpaidTax Board 05.10.2026 · details below
Revenue 12 months1,2 m €-50%Tax Board, last 4 quarters
State taxes 12 months208 k €Tax Board, last 4 quarters
Quick check
- Tax debt 286 337 €
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Last report 2022
- VAT registered
Stability
Follow companyNotification when something changesRatingB → C
In tax debt10 days since 26.09.2026
Revenue 12 months▼ 50% vs a year earlier
Board and owners
1 persons
| Board 1 | ||
|---|---|---|
| Jürgen Kirsis129 companies57 with tax debt2 bankrupt | Personal ID ↗ | 15.10.2025 |
| Shareholders 1 | ||
| MTÜ Dokumendihoidja | 100,0% 50 000 € | 15.10.2025 |
| Beneficial owners 1 | ||
| Priit Noorhani7 companies1 with tax debtdirect holding | 26.05.2022 | |
Business Register open data
Quarterly taxes and revenue
2025 Q3
State taxes / revenue1,5%
Labour taxes / revenue0,0%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—
2025 Q3. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2025 Q3 | 131 148 € | ▼ 92% | 0 € | 1 991 € | — |
| 2025 Q2 | 0 € | 2 014 € | 136 208 € | — | |
| 2025 Q1 | 350 000 € | ▲ 207% | 0 € | 69 277 € | 1 |
| 2024 Q4 | 720 492 € | ▲ 1218% | 2 322 € | 555 € | 1 |
| 2024 Q3 | 1 605 401 € | ▲ 4436% | 5 157 € | 5 612 € | 1 |
| 2024 Q2 | 640 243 € | ▲ 984% | 5 949 € | 1 851 € | 4 |
| 2024 Q1 | 113 846 € | ▲ 244% | 5 275 € | 0 € | 4 |
| 2023 Q4 | 54 650 € | ▲ 68% | 6 612 € | 0 € | 2 |
| 2023 Q3 | 35 392 € | 13 105 € | 0 € | 2 | |
| 2023 Q2 | 59 080 € | 22 547 € | 27 749 € | 4 | |
| 2023 Q1 | 33 100 € | 8 643 € | 12 669 € | 5 | |
| 2022 Q4 | 32 600 € | 6 540 € | 12 547 € | 4 |
Show full history (14 quarters)
| 2022 Q3 | 0 € | — | — | 4 | |
| 2022 Q2 | 0 € | — | — | — |
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
1 yr
| 2022 | |
|---|---|
| Sales revenue | 48 850 € |
| Profit | -5 076 € |
| Profit margin | -10,4% |
| Cash | 2 303 € |
| Current assets | 26 875 € |
| Fixed assets | 10 000 € |
| Assets | 36 875 € |
| Current liabilities | 34 951 € |
| Total liabilities | 34 951 € |
| Equity | 1 924 € |
| Labour costs | -34 048 € |
| Employees | 4 |
| Filed | 30.06.2023 |
| Report | PDF ↓ |
▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0
Revenue by activity
2022
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Real estate agencies main activity | 68311 | 48 850 € | 100% |
2022 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
1 records
Tax debt 286 337 € · as of 05.10.2026
- Ajatatud
- none, the entire debt is unpaid
- Debt arose
- 20.09.2024 · oldest unpaid claim, 745 days
- Consecutively on the list
- since 26.09.2026 (10 days) · Firmo data starts 26.09.2026
Tax debt change 26.09.2026 to 05.10.2026 · days in debt: 10
26.0928.0930.0903.1005.10
Total tax debtmax 286 337 €
Tax debt history over 5 years
| Start | End | Days | Largest debt | Status |
|---|---|---|---|---|
| 26.09.2026 | ongoing | 10 | 286 337 € | unpaid |
Paid tax debt stays visible for 5 years. Only tax debt from the last 2 years affects the rating.
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
avalikke teateid pole
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
4 171 € makseid
Transactions with state institutions
20234 171 €
Largest payers
| Eesti Töötukassa | 4 171 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 11.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 450 € |
| 10.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 725 € |
| 09.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 725 € |
| 08.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 725 € |
| 06.2023 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 546 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
60
Fine Brands Estonia OÜJürgen Kirsis2,8 m €CAmiro Teenindus OÜJürgen Kirsis · Bankrupt2,7 m €CInFresco OÜJürgen Kirsis2,3 m €BBBOÜ BudexpertJürgen Kirsis2,0 m €BBGreyholmen OÜJürgen Kirsis · Likvideerimisel742 k €COsaühing ElementmajaJürgen Kirsis594 k €BMarron Grupp OÜJürgen Kirsis · Likvideerimisel445 k €COnufri OÜJürgen Kirsis · Likvideerimisel421 k €CHM Factor OÜJürgen Kirsis · Likvideerimisel388 k €CMkrlks Grupp OÜJürgen Kirsis372 k €CAlumaja OÜJürgen Kirsis195 k €CKolevant OÜJürgen Kirsis · Likvideerimisel188 k €CTrevmoks OÜJürgen Kirsis · Likvideerimisel127 k €CSverkerholm OÜJürgen Kirsis · Likvideerimisel74 101 €CMS Trading OÜJürgen Kirsis12 915 €Caktsiaselts NÕMME KÕRTSJürgen Kirsis · Likvideerimisel0 €Cosaühing Tipp-PartnerJürgen Kirsis · Likvideerimisel0 €CPaygety osaühingJürgen Kirsis · Likvideerimisel0 €COsaühing Brand Factory EstoniaJürgen Kirsis · Likvideerimisel0 €CAdofor OÜJürgen Kirsis0 €Osaühing HelenbergJürgen Kirsis · Likvideerimisel0 €CKRISSU TEENINDUS OÜJürgen Kirsis · Likvideerimisel0 €CAate Vara OÜJürgen Kirsis0 €BAVELIN-AP OÜJürgen Kirsis · Likvideerimisel0 €CLogistic Service OÜJürgen Kirsis · Likvideerimisel0 €CManor Hall OÜJürgen Kirsis · Likvideerimisel0 €CDrink OÜJürgen Kirsis · Likvideerimisel0 €CRahu Armastus & Hea Toit OÜJürgen Kirsis · Likvideerimisel0 €COÜ Uomo AssetJürgen Kirsis · Likvideerimisel0 €CSelene OÜJürgen Kirsis · Likvideerimisel0 €CSIVEKO ARENDUS OÜJürgen Kirsis · Likvideerimisel0 €CProSmart OÜJürgen Kirsis · Likvideerimisel0 €COÜ FivetimeJürgen Kirsis0 €BBOÜ SoojustuskeskusJürgen Kirsis · Likvideerimisel0 €COÜ Namron HoldingJürgen Kirsis · Likvideerimisel0 €CEhitus 200 OÜJürgen Kirsis0 €Betonmaister OÜJürgen Kirsis · Likvideerimisel0 €CKOHL OÜJürgen Kirsis · Likvideerimisel0 €CTalp Invest OÜJürgen Kirsis0 €Estatemark OÜJürgen Kirsis · Likvideerimisel0 €CBetatec OÜJürgen Kirsis · Likvideerimisel0 €CLK Est OÜJürgen Kirsis · Likvideerimisel0 €CValge Sibul OÜJürgen Kirsis · Likvideerimisel0 €CBluemark OÜJürgen Kirsis0 €BTagelton OÜJürgen Kirsis · Likvideerimisel0 €COÜ OKESTJürgen Kirsis · Likvideerimisel0 €CNMC Group OÜJürgen Kirsis · Likvideerimisel0 €CEastholm OÜJürgen Kirsis · Likvideerimisel0 €CHinvest International OÜJürgen Kirsis0 €BBOÜ KuupuuJürgen Kirsis · Likvideerimisel0 €CLahemaa Restoranid OÜJürgen Kirsis · Likvideerimisel0 €CGraytone OÜJürgen Kirsis0 €SM Invest OÜJürgen Kirsis · Likvideerimisel0 €CDowncreek OÜJürgen Kirsis · Likvideerimisel0 €COÜ VoorekiviJürgen Kirsis · Likvideerimisel0 €Cpiastra invest OÜJürgen Kirsis · Likvideerimisel0 €COÜ Restorani MeeskondJürgen Kirsis · Likvideerimisel0 €CPunamägi OÜJürgen Kirsis0 €Kolfour OÜJürgen Kirsis · Likvideerimisel0 €COÜ PihlamägiJürgen Kirsis · Likvideerimisel0 €C
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Real estate agencies
20
| # | Company | Revenue |
|---|---|---|
| 1 | ALANDIA KV OÜ | 5,7 m € |
| 2 | Niklir OÜ | 4,6 m € |
| 3 | Osaühing DOMUS KINNISVARA VAHENDUS | 4,5 m € |
| 4 | Osaühing KINNISVARABÜROO UUS MAA | 4,1 m € |
| 5 | Tehingukeskus OÜ | 3,0 m € |
| 6 | Arco Vara Kinnisvarabüroo OÜ | 2,9 m € |
| 7 | Eltech Invest OÜ | 2,9 m € |
| 8 | Pindi Kinnisvara OÜ | 2,4 m € |
| 9 | LVM Kinnisvara Tallinn OÜ | 2,0 m € |
| 10 | Uus Maa Pro OÜ | 1,5 m € |
| 11 | Uus Maa City OÜ | 1,4 m € |
| 12 | LVM Kinnisvara OÜ | 1,4 m € |
| 13 | Colliers International Advisors OÜ | 1,4 m € |
| 14 | OÜ Uus Maa Tartu büroo | 1,3 m € |
| 15 | 1PARTNER Kinnisvara Tallinn OÜ | 1,2 m € |
| 16 | Uue Suurekivi Arendus OÜ | 1,2 m € |
| 17 | AVUM finance OÜ | 1,2 m € |
| 18 | GERKER GRUPP OÜ | 1,1 m € |
| 19 | Nu Pogodi OÜ | 1,1 m € |
| 20 | Uus Maa Pluss OÜ | 1,0 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, pledges, domains
No data
History and notices
21
| Date | Type | Content |
|---|---|---|
| 15.10.2025 | Entry | Amendment entry |
| 17.03.2025 | Entry | Amendment entry |
| 10.02.2025 | Entry | Amendment entry |
| 19.11.2024 | Entry | Amendment entry |
| 04.09.2024 | Aruandetrahvimäärus | |
| 19.08.2024 | Entry | Amendment entry |
| 19.07.2024 | Trahvihoiatusmäärus: majandusaasta aruanne esitamata | |
| 30.04.2024 | Entry | Amendment entry |
| 13.10.2023 | Entry | Amendment entry |
| 01.09.2023 | Entry | Amendment entry |
| 12.05.2023 | Entry | Amendment entry |
| 03.05.2023 | Order to remedy deficiencies | Amendment entry |
| 27.04.2023 | Order to remedy deficiencies | Amendment entry |
| 19.12.2022 | Entry | Muutmiskanne ÄS § 525 lg 2 alusel |
| 20.10.2022 | Entry | Amendment entry |
| 14.09.2022 | Negative entry order: deficiencies not remedied | Amendment entry |
| 12.08.2022 | Order to remedy deficiencies | Amendment entry |
| 20.06.2022 | Entry | Amendment entry |
| 20.06.2022 | Order to remedy deficiencies | Amendment entry |
| 26.05.2022 | Entry | First entry |
| 23.05.2022 | Order to remedy deficiencies | First entry |