SIA "VK development"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 000 € (16% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 1657 | 754 | 776 | 603 | 466 | 9408 | 139 647 | 41 723 | 31 396 | 63 540 | 88 037 | 73 621 | 96 746 | 46 961 | 52 966 | 76 543 | 51 264 |
| Total non-current assets | 51 | 0 | 0 | 0 | 0 | 12 195 | 12 421 | 50 050 | 38 220 | 22 605 | 24 136 | 64 739 | 48 903 | 25 083 | 41 848 | 28 159 | 20 635 |
| Total assets | 1708 | 754 | 776 | 603 | 466 | 21 603 | 152 068 | 91 773 | 69 616 | 86 145 | 112 173 | 138 360 | 145 649 | 72 044 | 94 814 | 104 702 | 71 899 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 10 944 | 11 009 | 11 155 | 11 293 | 11 455 | 27 121 | 153 451 | 69 362 | 61 637 | 67 833 | 63 921 | 47 566 | 53 457 | 46 329 | 46 341 | 42 122 | 35 145 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 388 | 12 012 | 8018 | 4245 | 29 777 | 25 026 | 14 113 | 6732 | 0 | 0 |
| Total liabilities | 10 944 | 11 009 | 11 155 | 11 293 | 11 455 | 27 121 | 153 451 | 84 750 | 73 649 | 75 851 | 68 166 | 77 343 | 78 483 | 60 442 | 53 073 | 42 122 | 35 145 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -12 083 | -1019 | -123 | -311 | -299 | 9591 | 3472 | 9596 | -11 056 | 14 327 | 156 602 | 17 010 | 6149 | -29 839 | 68 139 | 24 225 | -15 826 |
| Total equity | -9236 | -10 255 | -10 379 | -10 690 | -10 989 | -6046 | -2573 | 7023 | -4033 | 10 294 | 44 007 | 61 017 | 67 166 | 11 602 | 41 741 | 62 580 | 36 754 |
| Income statement | |||||||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 106 771 | 206 761 | 220 390 | 121 126 | 130 204 | 149 350 | 132 934 | 132 006 | 126 979 | 133 063 | 217 984 | 24 165 |
| Operating profit | -14 868 | -1019 | -123 | -142 | -299 | 9590 | 4737 | 12 788 | -6225 | 14 620 | 157 829 | 18 766 | 6720 | -20 430 | 79 063 | 26 144 | -13 095 |
| Profit before income tax | -14 866 | -1019 | -123 | -311 | -299 | 9591 | 3561 | 11 246 | -11 056 | 14 839 | 157 495 | 18 543 | 6720 | -21 455 | 77 813 | 25 337 | -13 264 |
| Profit for the reporting year | -12 083 | -1019 | -123 | -311 | -299 | 9591 | 3472 | 9596 | -11 056 | 14 327 | 156 602 | 17 010 | 6149 | -29 839 | 68 139 | 24 225 | -15 826 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 725 | 0 | 3386 | 10 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA "VK development"
Overview
SIA "VK development" (reg. no. 40003253868) is a limited liability company. The company was registered in 1995 and has been in the register for 31 years. Registered address: Rīga, Pīkola iela 27 - 9.
Financial results
Revenue in 2025 was 24 165 €, down 88,9% on the previous year (217 984 €). 2025 ended with a loss of 15 826 €. The company was profitable in 9 of the 17 published years. In 2025 the company had 1 employees. Revenue per employee was 24 165 €. At the end of 2025, total assets were 71 899 € and equity 36 754 € (51,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.