"Global Blue Latvija" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 97 985 | 114 929 | 223 881 | 405 867 | 578 581 | 1 209 197 | 1 456 603 | 1 637 511 | 1 064 554 | 1 246 766 | 1 414 471 | 1 745 518 | 1 394 142 | 1 327 937 | 1 143 972 | 1 040 729 | 943 950 | 762 069 |
| Total non-current assets | 1415 | 32 851 | 985 | 1869 | 963 | 2611 | 4846 | 5429 | 4961 | 3504 | 38 639 | 35 948 | 28 045 | 46 852 | 25 312 | 30 045 | 16 571 | 7280 |
| Total assets | 99 400 | 147 780 | 224 866 | 407 736 | 579 544 | 1 211 808 | 1 461 449 | 1 642 940 | 1 069 515 | 1 250 270 | 1 453 110 | 1 781 466 | 1 422 187 | 1 374 789 | 1 169 284 | 1 070 774 | 960 521 | 769 349 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 34 079 | 57 177 | 97 603 | 197 679 | 195 977 | 328 910 | 282 352 | 288 241 | 455 183 | 361 358 | 349 701 | 502 705 | 299 234 | 283 566 | 145 069 | 112 933 | 232 231 | 188 863 |
| Non-current liabilities | 42 488 | 0 | 13 727 | 35 | 0 | 0 | 0 | 74 | 571 | 0 | 7887 | 0 | 0 | 20 961 | 13 909 | 6717 | 0 | 0 |
| Total liabilities | 76 567 | 57 177 | 111 330 | 197 714 | 195 977 | 328 910 | 282 352 | 288 315 | 455 754 | 361 358 | 357 588 | 502 705 | 299 234 | 304 527 | 158 978 | 119 650 | 232 231 | 188 863 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 7526 | -42 230 | 22 933 | 96 486 | 171 167 | 340 514 | 199 466 | 272 264 | 259 136 | 275 146 | 206 610 | 183 239 | -155 808 | -52 691 | -59 956 | -59 182 | -222 834 | -147 804 |
| Total equity | 22 833 | 90 603 | 113 536 | 210 022 | 381 189 | 882 898 | 1 082 361 | 1 354 625 | 613 761 | 888 912 | 1 095 522 | 1 278 761 | 1 122 953 | 1 070 262 | 1 010 306 | 951 124 | 728 290 | 580 486 |
| Income statement | ||||||||||||||||||
| Sales revenue | 389 872 | 403 069 | 784 160 | 379 846 | 546 191 | 967 341 | 840 283 | 949 416 | 941 094 | 1 048 132 | 873 097 | 879 956 | 51 355 | 142 757 | 222 353 | 211 553 | 165 569 | 125 476 |
| Operating profit | 13 364 | -37 225 | 24 657 | 117 661 | 203 313 | 399 777 | 238 025 | 323 082 | 307 901 | 320 732 | 208 109 | 183 871 | -155 277 | -52 587 | -62 257 | -58 742 | -220 715 | -147 665 |
| Profit before income tax | 9790 | -42 389 | 24 250 | 117 596 | 203 301 | 399 777 | 238 025 | 323 082 | 307 901 | 320 732 | 207 670 | 183 640 | -155 377 | -52 691 | -59 540 | -59 089 | -220 923 | -147 728 |
| Profit for the reporting year | 7526 | -42 230 | 22 933 | 96 486 | 171 167 | 340 514 | 199 466 | 272 264 | 259 136 | 275 146 | 206 610 | 183 239 | -155 808 | -52 691 | -59 956 | -59 182 | -222 834 | -147 804 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 4 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 000 000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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: "Global Blue Latvija" SIA
Overview
"Global Blue Latvija" SIA (reg. no. 40003436126) is a limited liability company. The company was registered in 1999 and has been in the register for 27 years. Registered address: Rīga, Merķeļa iela 5 - 8.
Financial results
Revenue in 2025 was 125 476 €, down 24,2% on the previous year (165 569 €). From 2008 to 2025, revenue declined by an average of 6,5% per year. 2025 ended with a loss of 147 804 €. The company was profitable in 11 of the 18 published years. In 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 31 369 €. At the end of 2025, total assets were 769 349 € and equity 580 486 € (75,5% of assets).
Management and owners
The board has 4 members. The sole owner of the company is Global Blue Holdings AB.
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.