SIA "DESCARTES CONSULTING"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 32 999 | 27 421 | 29 128 | 12 886 | 12 023 | 12 025 | 20 414 | 29 679 | 19 475 | 15 512 | 13 885 | 26 263 | 17 793 | 13 075 | 11 554 | 17 813 |
| Total non-current assets | 85 003 | 86 547 | 86 517 | 92 720 | 21 536 | 18 306 | 17 557 | 22 116 | 24 194 | 18 354 | 13 610 | 13 404 | 10 211 | 4705 | 2654 | 4760 |
| Total assets | 118 002 | 113 968 | 115 645 | 105 606 | 33 559 | 30 331 | 37 971 | 51 795 | 43 669 | 33 866 | 27 495 | 39 667 | 28 004 | 17 780 | 14 208 | 22 573 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 8076 | 12 535 | 14 100 | 10 277 | 13 471 | 14 495 | 15 901 | 18 262 | 14 603 | 12 582 | 12 122 | 15 159 | 10 530 | 6471 | 8267 | 12 692 |
| Non-current liabilities | 281 | 539 | 775 | 667 | 453 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 8357 | 13 074 | 14 875 | 10 944 | 13 924 | 14 495 | 15 901 | 18 262 | 14 603 | 12 582 | 12 122 | 15 159 | 10 530 | 6471 | 8267 | 12 692 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6552 | -8751 | -124 | -6108 | -115 057 | -3799 | 6280 | 11 463 | -4467 | -7782 | -5911 | 9135 | -7034 | -6165 | -5368 | 3940 |
| Total equity | 109 645 | 100 894 | 100 770 | 94 662 | 19 635 | 15 836 | 22 070 | 33 533 | 29 066 | 21 284 | 15 373 | 24 508 | 17 474 | 11 309 | 5941 | 9881 |
| Income statement | ||||||||||||||||
| Sales revenue | 16 000 | 5533 | 18 600 | 18 428 | 26 759 | 22 781 | 52 015 | 71 985 | 61 529 | 28 790 | 4718 | 54 382 | 46 455 | 27 955 | 2634 | 26 524 |
| Operating profit | -6054 | -8084 | 197 | -6197 | -116 082 | -4686 | 6159 | 11 856 | -4494 | -7852 | -5941 | 9123 | -7052 | -6160 | -5367 | 3999 |
| Profit before income tax | -6912 | -8493 | 112 | -6216 | -115 553 | -4252 | 6280 | 12 072 | -4467 | -7782 | -5911 | 9137 | -7034 | -6160 | -5368 | 3940 |
| Profit for the reporting year | -6552 | -8751 | -124 | -6108 | -115 057 | -3799 | 6280 | 11 463 | -4467 | -7782 | -5911 | 9135 | -7034 | -6165 | -5368 | 3940 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 1 | 1 | 1 | 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 | 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: SIA "DESCARTES CONSULTING"
Overview
SIA "DESCARTES CONSULTING" (reg. no. 40003485899) is a limited liability company. The company was registered in 2000 and has been in the register for 26 years. Registered address: Rīga, Alberta iela 9 - 1.
Financial results
Revenue in 2025 was 26 524 €, up 907% on the previous year (2634 €). From 2010 to 2025, revenue grew by an average of 3,4% per year. Net profit for 2025 was 3940 € (14,9% of revenue). The company was profitable in 4 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 26 524 €. At the end of 2025, total assets were 22 573 € and equity 9881 € (43,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 3 active Latvian companies.
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.