"BALTREAD" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 128 000 € (10% 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 statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 1477 | 48 720 | 312 517 | 434 684 | 496 162 | 827 593 | 921 324 | 1 081 288 | 1 244 376 | 1 455 029 | 1 383 012 | 1 276 591 | 1 943 191 | 1 710 377 | 1 541 590 | 1 436 703 | 1 302 421 |
| Total non-current assets | 817 | 45 221 | 43 288 | 36 922 | 341 799 | 490 299 | 490 541 | 457 416 | 429 207 | 403 198 | 371 061 | 365 548 | 516 690 | 1 058 106 | 1 112 635 | 581 775 | 538 098 |
| Total assets | 2294 | 93 941 | 355 805 | 471 606 | 837 961 | 1 317 892 | 1 411 865 | 1 538 704 | 1 673 583 | 1 858 227 | 1 754 073 | 1 642 139 | 2 459 881 | 2 768 483 | 2 654 225 | 2 018 478 | 1 840 519 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 0 | 89 693 | 341 352 | 392 106 | 437 193 | 691 379 | 721 102 | 778 712 | 878 443 | 881 820 | 738 181 | 534 085 | 930 495 | 880 526 | 678 835 | 610 292 | 621 748 |
| Non-current liabilities | 59 | 0 | 7848 | 7145 | 235 204 | 313 292 | 285 911 | 215 226 | 138 580 | 86 879 | 38 308 | 0 | 401 855 | 408 191 | 404 066 | 73 908 | 46 459 |
| Total liabilities | 59 | 89 693 | 349 200 | 399 251 | 672 397 | 1 004 671 | 1 007 013 | 993 938 | 1 017 023 | 968 699 | 776 489 | 534 085 | 1 332 350 | 1 288 717 | 1 082 901 | 684 200 | 668 207 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -871 | 2013 | 2086 | 64 259 | 93 010 | 75 148 | 92 022 | 211 609 | 111 794 | 246 268 | 254 556 | 230 470 | 269 477 | 435 985 | 221 740 | -92 047 | -33 966 |
| Total equity | 2177 | 4190 | 6276 | 70 535 | 163 545 | 307 853 | 399 857 | 544 766 | 656 560 | 889 528 | 977 584 | 1 108 054 | 1 127 531 | 1 479 766 | 1 571 324 | 1 334 278 | 1 172 312 |
| Income statement | |||||||||||||||||
| Sales revenue | 120 | 56 093 | 696 124 | 1 467 054 | 1 311 411 | 1 900 245 | 1 993 058 | 2 277 691 | 2 603 648 | 2 889 039 | 3 123 750 | 3 178 571 | 3 770 391 | 4 244 480 | 3 216 874 | 3 124 054 | 2 984 943 |
| Operating profit | -871 | 2013 | 5580 | 73 072 | 115 493 | 111 046 | 128 762 | 264 046 | 134 794 | 258 796 | 264 792 | 238 756 | 275 716 | 463 164 | 291 489 | -14 682 | 9114 |
| EBITDA | -688 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -871 | 2013 | 5323 | 72 177 | 109 355 | 92 701 | 111 544 | 249 447 | 120 116 | 246 268 | 254 556 | 230 474 | 269 477 | 435 985 | 244 240 | -54 681 | -1966 |
| Profit for the reporting year | -871 | 2013 | 2086 | 64 259 | 93 010 | 75 148 | 92 022 | 211 609 | 111 794 | 246 268 | 254 556 | 230 470 | 269 477 | 435 985 | 221 740 | -92 047 | -33 966 |
| Labour costs | 124 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 183 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 1 | 5 | 9 | 9 | 12 | 13 | 13 | 14 | 14 | 16 | 16 | 18 | 20 | 20 | 20 | 20 | 21 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66 700 | 0 | 13 300 | 166 500 | 100 000 | 250 000 | 83 750 | 130 182 | 144 999 | 128 000 |
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: "BALTREAD" SIA
Overview
"BALTREAD" SIA (reg. no. 40003706459) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Rīga, Ganību dambis 21K.
Financial results
Revenue in 2025 was 2 984 943 €, down 4,5% on the previous year (3 124 054 €). From 2009 to 2025, revenue grew by an average of 88,2% per year. 2025 ended with a loss of 33 966 €. The company was profitable in 14 of the 17 published years. In 2025 the company had 21 employees (20 a year earlier). Revenue per employee was 142 140 €. At the end of 2025, total assets were 1 840 519 € and equity 1 172 312 € (63,7% 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.