SIA "BALTZELTS"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2008–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 139 040 | 273 978 | 276 554 | 388 656 | 436 811 |
| Profit for the reporting year | -151 986 | 687 | 3796 | 991 | 33 496 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 1 027 564 | 1 192 198 | 1 454 807 | 1 496 834 | 1 559 569 |
| Total liabilities | 1 272 628 | 1 436 575 | 1 695 388 | 1 740 221 | 1 769 460 |
| Total equity | -245 064 | -244 377 | -240 581 | -243 387 | -209 891 |
| Employees | 17 | 17 | 15 | 17 | 16 |
| Calculated dividend | 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.
Connections graph
Summary: SIA "BALTZELTS"
Overview
SIA "BALTZELTS" (reg. no. 40003647545) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Ilūkstes iela 101 - 72.
Financial results
Revenue in 2025 was 436 811 €, up 12,4% on the previous year (388 656 €). From 2008 to 2025, revenue grew by an average of 7,2% per year. This is the company's highest revenue among the published years (2008–2025). Net profit for 2025 was 33 496 € (7,7% of revenue). The company was profitable in 11 of the 15 published years. In 2025 the company had 16 employees (17 a year earlier). Revenue per employee was 27 301 €.
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-209 891 €).
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.