"BUSINESS ART" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 65 001 € (72% 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 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 | 10 174 | 10 813 | 10 184 | 16 650 | 13 364 | 16 245 | 19 901 | 14 215 | 17 010 | 27 622 | 62 276 | 66 030 | 52 021 | 57 545 | 84 697 | 72 084 | 89 537 | 55 219 |
| Total non-current assets | 108 | 141 | 68 | 204 | 1226 | 1089 | 917 | 4365 | 3515 | 2091 | 1062 | 1446 | 11 865 | 9694 | 7556 | 0 | 1441 | 2067 |
| Total assets | 10 282 | 10 954 | 10 252 | 16 854 | 14 590 | 17 334 | 20 818 | 18 580 | 20 525 | 29 713 | 63 338 | 67 476 | 63 886 | 67 239 | 92 253 | 72 084 | 90 978 | 57 286 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 0 | 279 | 1314 | 4063 | 1368 | 5566 | 3471 | 13 419 | 12 582 | 12 915 | 15 588 | 20 306 | 1729 | 892 | 2741 | 868 | 910 | 1492 |
| Non-current liabilities | 7 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 7 | 286 | 1314 | 4063 | 1368 | 5566 | 3471 | 13 419 | 12 582 | 12 915 | 15 588 | 20 306 | 1729 | 892 | 2741 | 868 | 910 | 1492 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -255 | 393 | -1730 | 3853 | 3160 | 1709 | -195 | -10 706 | 4420 | 8855 | 33 550 | 31 420 | 46 987 | 42 550 | 63 164 | 55 704 | 75 852 | 30 727 |
| Total equity | 10 275 | 10 668 | 8938 | 12 791 | 13 159 | 11 768 | 16 549 | 3523 | 7943 | 16 798 | 47 750 | 47 170 | 62 157 | 66 347 | 89 512 | 71 216 | 90 068 | 55 794 |
| Income statement | ||||||||||||||||||
| Sales revenue | 0 | 7439 | 13 205 | 20 340 | 42 021 | 76 793 | 163 954 | 102 297 | 162 071 | 187 395 | 311 170 | 110 816 | 218 415 | 102 368 | 156 983 | 155 770 | 254 339 | 123 065 |
| Operating profit | -258 | 421 | -1737 | 4296 | 3665 | 2307 | -21 | -10 635 | 4420 | 10 074 | 77 300 | 39 420 | 89 987 | 52 140 | 73 164 | 74 204 | 90 102 | 46 977 |
| Profit before income tax | -266 | 421 | -1737 | 4219 | 3625 | 2004 | -23 | -10 706 | 4420 | 10 074 | 77 300 | 39 420 | 89 987 | 52 140 | 73 164 | 74 204 | 90 102 | 46 977 |
| Profit for the reporting year | -255 | 393 | -1730 | 3853 | 3160 | 1709 | -195 | -10 706 | 4420 | 8855 | 33 550 | 31 420 | 46 987 | 42 550 | 63 164 | 55 704 | 75 852 | 30 727 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | 6455 | 0 | 0 | 0 | 2792 | 3100 | 0 | 2320 | 0 | 0 | 2598 | 32 000 | 32 000 | 38 360 | 39 999 | 74 000 | 57 000 | 65 001 |
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: "BUSINESS ART" SIA
Overview
"BUSINESS ART" SIA (reg. no. 40003443077) is a limited liability company. The company was registered in 1999 and has been in the register for 27 years. Registered address: Rīga, Latgales iela 131 - 2A.
Financial results
Revenue in 2025 was 123 065 €, down 51,6% on the previous year (254 339 €). Net profit for 2025 was 30 727 € (25,0% of revenue). The company was profitable in 14 of the 18 published years. In 2025 the company had 1 employees. Revenue per employee was 123 065 €. At the end of 2025, total assets were 57 286 € and equity 55 794 € (97,4% 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.