SIA "Baltic Builders Alliance"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 000 € (<1% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 11 328 | 10 342 | 3265 | 211 919 | 2 147 040 | 1 474 626 | 1 507 232 | 2 350 779 | 3 588 032 | 2 382 723 | 1 480 310 | 5 060 959 | 5 433 378 | 13 080 579 | 7 224 554 | 1 770 334 |
| Total non-current assets | 11 515 | 290 | 189 | 43 396 | 117 090 | 88 289 | 45 856 | 30 820 | 39 162 | 319 309 | 35 511 | 96 196 | 82 989 | 995 905 | 1 445 878 | 1 738 762 |
| Total assets | 22 843 | 10 632 | 3454 | 255 315 | 2 264 130 | 1 562 915 | 1 553 088 | 2 381 599 | 3 627 194 | 2 702 032 | 1 515 821 | 5 157 155 | 5 516 367 | 14 076 484 | 8 670 432 | 3 509 096 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 7402 | 2495 | 2530 | 128 568 | 2 028 686 | 1 219 411 | 1 110 021 | 1 615 960 | 2 578 976 | 1 363 430 | 654 693 | 3 694 767 | 2 937 493 | 9 162 241 | 4 868 978 | 1 703 689 |
| Non-current liabilities | 441 | 0 | 0 | 0 | 5242 | 10 357 | 0 | 0 | 0 | 218 616 | 0 | 26 012 | 19 611 | 157 805 | 6318 | 0 |
| Total liabilities | 7843 | 2495 | 2530 | 128 568 | 2 033 928 | 1 229 768 | 1 110 021 | 1 615 960 | 2 578 976 | 1 582 046 | 654 693 | 3 720 779 | 2 957 104 | 9 320 046 | 4 875 296 | 1 703 689 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 21 151 | -6863 | -7213 | 69 023 | 16 413 | 103 365 | 120 822 | 400 532 | 568 079 | 476 119 | 1142 | 685 248 | 1 323 862 | 2 247 175 | -961 302 | -1 979 729 |
| Total equity | 15 000 | 8137 | 924 | 126 747 | 228 523 | 331 888 | 443 067 | 765 639 | 1 048 218 | 1 119 986 | 861 128 | 1 436 376 | 2 559 263 | 4 756 438 | 3 795 136 | 1 805 407 |
| Income statement | ||||||||||||||||
| Sales revenue | 70 783 | 84 496 | 63 459 | 416 628 | 5 316 894 | 4 668 173 | 2 858 615 | 5 194 263 | 5 559 417 | 6 865 870 | 3 835 713 | 3 361 982 | 4 355 214 | 14 243 674 | 23 003 352 | 7 670 081 |
| Operating profit | 22 751 | -7304 | -7213 | 78 782 | 24 776 | 131 051 | 144 952 | 472 150 | 568 416 | 500 395 | 66 142 | 709 645 | 1 360 725 | 2 249 298 | -1 007 960 | -1 980 871 |
| Profit before income tax | 22 751 | -7304 | -7213 | 78 782 | 24 776 | 131 051 | 144 952 | 472 150 | 568 416 | 500 395 | 66 142 | 710 748 | 1 364 533 | 2 259 675 | -961 302 | -1 977 229 |
| Profit for the reporting year | 21 151 | -6863 | -7213 | 69 023 | 16 413 | 103 365 | 120 822 | 400 532 | 568 079 | 476 119 | 1142 | 685 248 | 1 323 862 | 2 247 175 | -961 302 | -1 979 729 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 9 | 8 | 8 | 7 | 8 | 7 | 7 | 7 | 9 | 11 | 13 | 11 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 20 000 | 77 960 | 285 500 | 404 351 | 260 000 | 110 000 | 200 975 | 50 000 | 0 | 10 000 |
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 "Baltic Builders Alliance"
Overview
SIA "Baltic Builders Alliance" (reg. no. 40003692093) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Rīga, Pulkveža Brieža iela 43 - 6.
Financial results
Revenue in 2025 was 7 670 081 €, down 66,7% on the previous year (23 003 352 €). From 2010 to 2025, revenue grew by an average of 36,7% per year. 2025 ended with a loss of 1 979 729 €. The company was profitable in 12 of the 16 published years. In 2025 the company had 11 employees (13 a year earlier). Revenue per employee was 697 280 €. At the end of 2025, total assets were 3 509 096 € and equity 1 805 407 € (51,4% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (40%) is held by a private individual. The company holds a stake in one other active Latvian company.
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.