MEKO Baltics SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 1 652 667 € (21% of equity at the end of the previous year).
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 | 1 734 522 | 1 865 242 | 1 933 639 | 2 241 988 | 2 487 358 | 3 758 600 | 3 953 244 | 4 211 565 | 4 363 918 | 4 652 958 | 4 909 477 | 5 440 790 | 5 754 167 | 6 275 364 | 6 868 728 | 9 645 104 | 9 936 482 |
| Total non-current assets | 152 254 | 99 920 | 82 131 | 122 361 | 112 706 | 178 767 | 145 886 | 190 413 | 177 589 | 206 199 | 161 957 | 155 785 | 144 977 | 126 635 | 79 824 | 215 299 | 332 356 |
| Total assets | 1 886 776 | 1 965 162 | 2 015 770 | 2 364 349 | 2 600 064 | 3 937 367 | 4 099 130 | 4 401 978 | 4 541 507 | 4 859 157 | 5 071 434 | 5 596 575 | 5 899 144 | 6 401 999 | 6 948 552 | 9 860 403 | 10 268 838 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 318 799 | 296 814 | 305 313 | 437 178 | 309 104 | 345 756 | 215 142 | 369 614 | 346 040 | 424 612 | 323 017 | 446 337 | 374 867 | 413 680 | 379 988 | 2 103 486 | 2 425 223 |
| Non-current liabilities | 12 788 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 331 587 | 296 814 | 305 313 | 437 178 | 309 104 | 345 756 | 215 142 | 369 614 | 346 040 | 424 612 | 323 017 | 446 337 | 374 867 | 413 680 | 379 988 | 2 103 486 | 2 425 223 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 160 980 | 214 941 | 244 731 | 323 786 | 541 616 | 684 567 | 661 338 | 527 908 | 463 103 | 489 078 | 563 872 | 651 821 | 724 039 | 864 042 | 1 080 245 | 1 728 353 | 1 739 365 |
| Total equity | 1 537 534 | 1 647 054 | 1 691 785 | 1 910 150 | 2 276 065 | 3 573 118 | 3 864 456 | 4 032 364 | 4 195 467 | 4 434 545 | 4 748 417 | 5 150 238 | 5 524 277 | 5 988 319 | 6 568 564 | 7 756 917 | 7 843 615 |
| Income statement | |||||||||||||||||
| Sales revenue | 3 962 390 | 4 344 988 | 4 590 559 | 5 429 660 | 6 479 439 | 9 186 450 | 9 089 998 | 9 344 033 | 9 299 022 | 9 427 925 | 9 465 028 | 10 102 076 | 11 324 304 | 11 530 623 | 13 531 858 | 15 335 326 | 16 387 775 |
| Operating profit | 206 556 | 287 852 | 311 933 | 339 817 | 614 342 | 769 395 | 782 373 | 623 969 | 575 542 | 489 085 | 565 180 | 652 690 | 723 955 | 862 212 | 1 080 245 | 1 716 758 | 1 727 350 |
| Profit before income tax | 189 557 | 256 683 | 292 177 | 379 249 | 636 330 | 807 742 | 786 045 | 624 256 | 557 779 | 489 078 | 565 116 | 651 887 | 724 240 | 864 042 | 1 080 245 | 1 728 353 | 1 739 365 |
| Profit for the reporting year | 160 980 | 214 941 | 244 731 | 323 786 | 541 616 | 684 567 | 661 338 | 527 908 | 463 103 | 489 078 | 563 872 | 651 821 | 724 039 | 864 042 | 1 080 245 | 1 728 353 | 1 739 365 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 29 | 26 | 29 | 37 | 37 | 40 | 37 | 37 | 39 | 39 | 37 | 38 | 36 | 38 | 38 | 42 | 47 |
| Calculated dividend | 386 542 | 105 421 | 200 000 | 105 421 | 175 701 | 350 000 | 370 000 | 360 000 | 300 000 | 250 000 | 250 000 | 250 000 | 350 000 | 400 000 | 500 000 | 540 000 | 1 652 667 |
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: MEKO Baltics SIA
Overview
MEKO Baltics SIA (reg. no. 40003385421) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Rīga, Vandzenes iela 3.
Financial results
Revenue in 2025 was 16 387 775 €, up 6,9% on the previous year (15 335 326 €). From 2009 to 2025, revenue grew by an average of 9,3% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 1 739 365 € (10,6% of revenue). The company was profitable in all 17 published years. In 2025 the company had 47 employees (42 a year earlier). Revenue per employee was 348 676 €. At the end of 2025, total assets were 10 268 838 € and equity 7 843 615 € (76,4% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (90%) is held by Balti Autoosad AS.
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.