SIA "M257"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 25 000 000 € (17% of equity at the end of the previous year).
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 1 250 992 | 1 526 747 | 3 465 696 | 10 021 681 | 8 553 498 | 14 729 644 | 24 462 339 | 35 039 252 | 37 172 190 | 20 218 838 |
| Total non-current assets | 22 970 627 | 33 625 600 | 148 466 202 | 195 631 924 | 192 063 319 | 197 000 039 | 197 013 173 | 200 033 173 | 202 003 173 | 220 110 000 |
| Total assets | 24 221 619 | 35 152 347 | 151 931 898 | 205 653 605 | 200 616 817 | 211 729 683 | 221 475 512 | 235 072 425 | 239 175 363 | 240 328 838 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 190 582 | 4 715 425 | 7 287 488 | 5 572 731 | 5 180 536 | 5 447 261 | 5 534 497 | 5 808 517 | 6 292 502 | 85 511 236 |
| Non-current liabilities | 3 265 000 | 432 969 | 74 452 857 | 101 191 781 | 96 984 783 | 93 665 948 | 89 903 679 | 85 846 662 | 82 626 094 | 2 429 454 |
| Total liabilities | 3 455 582 | 5 148 394 | 81 740 345 | 106 764 512 | 102 165 319 | 99 113 209 | 95 438 176 | 91 655 179 | 88 918 596 | 87 940 690 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2 594 287 | -10 701 840 | 39 489 275 | 28 697 540 | 5 562 405 | 14 164 976 | 13 420 862 | 17 379 910 | 15 839 521 | 27 131 381 |
| Total equity | 20 764 162 | 30 002 278 | 70 191 553 | 98 889 093 | 98 451 498 | 112 616 474 | 126 037 336 | 143 417 246 | 150 256 767 | 152 388 148 |
| Income statement | ||||||||||
| Sales revenue | 24 232 | 20 148 | 698 904 | 15 400 576 | 17 564 074 | 16 090 110 | 21 400 440 | 22 972 520 | 24 444 615 | 25 736 015 |
| Operating profit | -3 024 907 | -4 841 049 | 39 492 888 | 29 470 612 | 7 204 834 | 16 515 553 | 16 457 957 | 19 510 555 | 19 743 842 | 35 739 610 |
| Profit before income tax | -3 049 770 | -4 891 213 | 39 492 888 | 28 724 601 | 6 468 525 | 14 166 623 | 13 426 797 | 17 381 100 | 18 091 898 | 33 384 425 |
| Profit for the reporting year | -2 594 287 | -10 701 840 | 39 489 275 | 28 697 540 | 5 562 405 | 14 164 976 | 13 420 862 | 17 379 910 | 15 839 521 | 27 131 381 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 3 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 0 | 6 000 000 | 0 | 0 | 0 | 9 000 000 | 25 000 000 |
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 "M257"
Overview
SIA "M257" (reg. no. 40003698645) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Rīga, Latgales iela 257.
Financial results
Revenue in 2025 was 25 736 015 €, up 5,3% on the previous year (24 444 615 €). From 2016 to 2025, revenue grew by an average of 117% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 27 131 381 € (105% of revenue). The company was profitable in 8 of the 10 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 240 328 838 € and equity 152 388 148 € (63,4% of assets).
Management and owners
The board has 3 members. The sole owner of the company is Akropolis Real Estate B.V..
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.