GLA Development OÜ

Registry code 14115115 · Active (R Registrisse kantud)

GLA Development OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 15 Sep 2016. Its registered activity is muud infotehnoloogia- ja arvutialased tegevused. Its latest published accounts for the period ending 31 Dec 2025 show equity of €239k, total assets of €264k, turnover of €0, a result of −€2,529. It has filed 7 sets of accounts, 2 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in Estonia. 0.0× the average annual insolvency rate (0.04 %).

Raises the risk

Accounts type3.2×small · 0.14 % became insolvent
Cash ÷ assets2.8×0.00706832–0.0665793 · 0.12 % became insolvent
Total assets (log)2.5×4.98561–5.65704 · 0.11 % became insolvent
Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent
Late filings1.8×1–3 · 0.08 % became insolvent
Loss1.7×1 · 0.07 % became insolvent

Lowers the risk

Accounts filed0.0×≥ 7 · 0.00 % became insolvent
Current ratio0.2×≥ 10 · 0.01 % became insolvent
Equity ratio0.2×0.865495–1 · 0.01 % became insolvent
Turnover (log)0.3×0–3.00043 · 0.01 % became insolvent
Employees0.4×0–1 · 0.02 % became insolvent
Current liabilities ÷ assets0.4×0.0109453–0.125535 · 0.02 % 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
14115115 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
15 Sep 2016 (10 years)
Registered address
10151 Tallinn
County
Harju County
Activity
62901 Muud infotehnoloogia- ja arvutialased tegevused
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€0 −€2,529€239k€264k €25k€3,8040
31 Dec 20242 Jun 2025€271k €243k€241k€262k €20k€3,8010
31 Dec 202326 Jun 2024– −€2,215−€1,769€12k €14k€3,8380
31 Dec 202229 Jun 2023€0 −€2,512€447€12k €12k€3,6670
31 Dec 202126 Oct 2022€6,745 −€551€3,006€13k €9,640€3,1560
31 Dec 202023 Jun 2021€1,444 −€557€3,557€8,932 €5,375€3,4630
31 Dec 201929 Oct 2020€3,880 €1,614€4,114€6,632 €2,518€3,1530

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

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Questions about GLA Development OÜ

What is the registry code of GLA Development OÜ?

GLA Development OÜ is registered under registry code 14115115 in the official register of Estonia. View it at the official register.

Is GLA Development OÜ still active?

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

Has GLA Development OÜ gone bankrupt or into insolvency?

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

How likely is GLA Development OÜ to become insolvent?

Our model estimates a 0.00 % probability that GLA Development OÜ becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in Estonia.

When was GLA Development OÜ founded?

GLA Development OÜ was incorporated on 15 Sep 2016.

Where is GLA Development OÜ registered?

GLA Development OÜ's registered address is in 10151 Tallinn (Harju County), Estonia.

What do the latest accounts of GLA Development OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €239k, total assets of €264k, turnover of €0, a result of −€2,529, 0 employees.

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