Maardu linn, Ringi tn 31 korteriühistu
Association of 84 flats. New loan taken in 2025; sharp rise in association fees: +732% (2025); repair fund grows every year.
Ringi tn 31 korteriühistu is a 84-flat apartment association in Maardu. Per its 2025 annual report, a typical flat paid the association €158 a month; association fees excluding utilities were €3.69/m² a month.
The repair fund held €54 598 at year end (€14/m², ≈ €650 per flat), growing every year since 2022 (€11 142). The association has a loan of €133 811 (≈ €1 593 per flat), last repayment 2030. Member fees rose 320% in 2022–2025 (€42 201 → €177 383 a year).
Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Ringi tn 31, Maardu. Data: the association's annual reports 2022–2025 (e-Business Register), the latest for 2025.
All figures: the association's 2025 annual report; €/m² = per m² of flats (4 004 m², Building Register); "a month" = yearly amount ÷ 12.
What an owner pays the association each month in total, usually including heating, water and electricity.
The association's own charges without utilities: upkeep, management, repair fund, loan.
Money saved for future repairs. A bigger balance means less risk of a sudden extra charge.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
! Worth watching
- New loan taken in 2025outstanding €133 811 — usually for renovation; repayments are part of the fees
- Sharp rise in association fees: +732% (2025)€21 324 (2024) → €177 383 (2025)
✓ Strengths
- Repair fund grows every year€11 142 → €54 598 (2022–2025)
Repair fund and works
The repair fund is the association's savings for the roof, pipes, façade and so on. When it grows, more is saved than spent; when it shrinks, the money has gone into repairs.
Repair fund balance
Saved and not yet spent, at year end.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
Repair fund at the end of 2025: €54 598 = €14/m² ≈ €650 per flat
Loans
An association loan is shared by all owners: when a flat is sold, its share stays with the building, not the seller. That is why a buyer should know the balance and the end date.
€133 811 outstanding at the end of 2025 ≈ €1 593 per flat
Principal due in the next 12 months €28 114 ≈ €2 343 a month (€28 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €133 811 | 4.25% | 2030-05 |
Loan balance at year end
Lower bars = the loan is being repaid.
All figures by year
The last column is the change from the first year to the latest: green = good news for owners, orange = a cost or risk is growing.
| 2025 | 2024 | 2023 | 2022* | Change | |
|---|---|---|---|---|---|
| Association fees per year | €177 383 | €21 324 | €23 681 | €42 201 | ×4.2 |
| Collected into the repair fund | €27 392 | €25 982 | €24 026 | – | +14% |
| Repair spending | €162 550 | €9 222 | €10 187 | €27 406 | ×5.9 |
| Repair fund balance | €54 598 | €45 107 | €26 937 | €11 142 | ×4.9 |
| Loan balance | €133 811 | €0 | €0 | – | – |
| Cash | €60 224 | €57 020 | €40 416 | €24 239 | +148% |
| Reserve capital | €20 160 | €20 160 | €20 160 | €20 160 | ≈ |
| Association expenses (income statement) | €178 665 | €24 671 | €24 320 | €42 550 | ×4.2 |
| Result for the year | −€1 199 | −€3 044 | −€586 | −€265 | – |
* from the comparative column of the following year's report.
Cash at year end
Money in the bank (incl. the repair fund).
Board's management report
Short summary of the 2025 report.
Aruandeaastal teostati remonditöid 162 550 € eest ja remondifondi koguti 27 392 €. Remondifondi jääk aasta lõpus oli 54 598 €.
members: 80 private + 2 companies.
See also
Frequently asked questions
What are the running costs of the Ringi tn 31 apartment association?
Per the association's 2025 annual report: a typical flat paid €158 a month; the association's own fees excluding utilities €3.69/m² per month.
How big is the repair fund of the Ringi tn 31 apartment association?
The repair fund held €54 598 at the end of 2025 (€14/m², ≈ €650 per flat). In 2022 it was €11 142.
Does the Ringi tn 31 apartment association have a loan?
Yes. The loan balance at the end of 2025 was €133 811 (≈ €1 593 per flat), interest 4.25%, last repayment 2030. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Ringi tn 31 apartment association gone up?
Member fees totalled €42 201 in 2022 and €177 383 in 2025 — a change of +320%. Latest year: +732% vs 2024.
How big is the Ringi tn 31 apartment association and who manages it?
84 flats. Registry code 80468013; reports 2022–2025 (e-Business Register).
Terms in plain words
- Total owner costs (€/m² a month, incl. utilities)
- Everything owners paid the association (the report's flat table), heating, water and electricity included, divided by the flats' floor area and 12 months. Closest to what an owner actually pays each month.
- Association fees (€/m² a month, excl. utilities)
- The association's own charges — upkeep, management, repair fund, loan, insurance — without utilities, per m² of flats a month.
- Typical flat per month (€ a month)
- The median flat's yearly charge in the report's flat table, divided by 12. Half of the flats pay more, half less.
- Repair fund balance (€ at year end)
- Money saved for future repairs and not yet spent, at the end of the financial year.
- Repair fund balance (€ per m² of flats)
- The repair fund balance divided by the flats' floor area, so buildings of any size compare. Not a monthly charge.
- Repair-fund charge (€/m² a month)
- The part of the fees that goes into the repair fund.
- Loan balance (€ at year end)
- The unpaid part of the association's loan at year end. It stays with the building when a flat is sold; repayments are part of the monthly fees.
- Association fees per year (€, all flats together)
- The same charges as a yearly total for all flats (the report's "member fees").
- Association expenses (income statement) (€ a year)
- The association's own expenses for the year per its accounts (upkeep, management, repairs, interest). Not the same as the owners' "total owner costs".
- Reserve capital (€)
- The association's buffer for unexpected costs. By law at least 1/12 of its budgeted annual costs.
- Cash (€ at year end)
- Money in the bank at year end, the repair fund included.
- Result for the year (€)
- Income minus expenses. An association is not for profit: a small plus or minus is normal; several large losses in a row mean costs are paid from reserves.
We read the association's reports, meeting decisions and the price, and tell you what to watch.
Source: apartment association annual reports (e-Business Register); floor area: Building Register. Figures are machine-read from the reports and may contain reading errors — check the original report in the e-Business Register before deciding. How the figures are made (methodology) · Checklist before buying. Flats' floor area 4 004 m².