HQSystems OÜ

Registry code 12981256 · Active (R Registrisse kantud)

HQSystems OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 20 Jan 2016. Its registered activity is programmeerimine. Its latest published accounts for the period ending 31 Dec 2025 show equity of €1.2m, total assets of €1.4m, turnover of €1.8m, a result of −€505k. It has filed 7 sets of accounts, 4 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 33 % of active companies in Estonia. 0.1× the average annual insolvency rate (0.04 %).

Raises the risk

Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Total assets (log)5.7×≥ 5.65704 · 0.25 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Equity (signed log)3.0×≥ 5.46198 · 0.13 % became insolvent
Operating margin2.5×-0.460928–-0.034587 · 0.11 % became insolvent
Return on assets1.8×< -0.338137 · 0.08 % became insolvent

Lowers the risk

Accounts filed0.0×≥ 7 · 0.00 % became insolvent
Current liabilities ÷ assets0.4×0.0109453–0.125535 · 0.02 % became insolvent
Industry0.5×62 · 0.02 % became insolvent
Days since last period end0.7×260–365 · 0.03 % became insolvent
Current ratio0.7×2.76653–10 · 0.03 % became insolvent
Employees0.8×1–2 · 0.03 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.96, trained 6 Nov 2026), not a credit rating. How it works.

Company details

Registry code
12981256 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
20 Jan 2016 (11 years)
Registered address
11417 Tallinn
County
Harju County
Activity
62101 Programmeerimine
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202529 Jun 2026€1.8m −€505k€1.2m€1.4m €155k€430k1
31 Dec 202427 Jun 2025€2.0m −€363k€1.7m€2.0m €208k€907k1
31 Dec 20231 Jul 2024€1.6m −€117k€2.0m€2.4m €244k€1.1m1
31 Dec 202214 Jul 2023€1.5m €855k€2.2m€2.4m €120k€1.2m1
31 Dec 202129 May 2023€2.0m €267k€1.3m€1.6m €277k€912k0
31 Dec 20202 Nov 2022€1.6m €484k€983k€1.1m €116k€824k0
31 Dec 201910 Dec 2020€2.4m €22k€502k€757k €255k€571k0

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Harju County

Questions about HQSystems OÜ

What is the registry code of HQSystems OÜ?

HQSystems OÜ is registered under registry code 12981256 in the official register of Estonia. View it at the official register.

Is HQSystems OÜ still active?

Yes. HQSystems OÜ is registered as active (status: R Registrisse kantud).

Has HQSystems OÜ gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for HQSystems OÜ in the official data.

How likely is HQSystems OÜ to become insolvent?

Our model estimates a 0.00 % probability that HQSystems OÜ becomes insolvent within the next 12 months (low risk). That is higher than 33 % of active companies in Estonia.

When was HQSystems OÜ founded?

HQSystems OÜ was incorporated on 20 Jan 2016.

Where is HQSystems OÜ registered?

HQSystems OÜ's registered address is in 11417 Tallinn (Harju County), Estonia.

What do the latest accounts of HQSystems OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €1.2m, total assets of €1.4m, turnover of €1.8m, a result of −€505k, 1 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.