Sabiedrība ar ierobežotu atbildību "BALTIC DEVELOPMENT CONSULTANCY"Active

40003823799Limited liability companyFounded 2006

Key figures

358 843 €+8,9%
Revenue 2025
+2,2%
Average annual growth 2009–2025
0100 k200 k300 k400 k’09’10’11’12’13’14’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’09’10’11’12’13’14’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 44 999 € (37% 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).

History
2025 ~44 999 €
2024 ~24 001 €
2023 ~27 988 €
2022 ~47 227 €
2021 ~33 759 €
2020 ~33 343 €
2019 ~49 653 €
2018 ~34 093 €
2017 ~33 333 €
20140 €
20130 €
20120 €
20110 €
20100 €
20090 €
Summary of financial statements2009–2025
2009201020112012201320142016201720182019202020212022202320242025
Balance sheet — assets
Total current assets159 908118 726100 882139 645165 029178 033176 849167 624132 906134 255146 241122 366116 130103 247160 464105 620
Total non-current assets2228814327134602546105329 50462 17864 18431 53314 60919 7887206275315882854
Total assets162 136119 540104 153143 105167 575179 086206 353229 802197 090165 788160 850142 154123 336106 000162 052108 474
Balance sheet — liabilities and equity
Current liabilities104 11455 81551 26563 49783 77078 19692 19339 79838 14327 34526 96247 44125 24324 12239 26035 532
Non-current liabilities000000039 18230 57821 80012 85337200000
Total liabilities104 11455 81551 26563 49783 77078 19692 19378 98068 72149 14539 81551 16125 24324 12239 26035 532
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year34 0225703-10 83726 7204199799529 22069 99516 30837 92737 735371754 32711 77364 915-4851
Total equity58 02263 72552 88879 60883 805100 890109 492146 154128 369116 643121 03590 99398 09381 878122 79272 942
Income statement
Sales revenue259 872100 70243 56197 34494 287128 604273 303266 623191 682268 400210 127193 440243 004187 833329 653358 843
Operating profit40 1005927-10 86828 5315630861133 87778 85616 99438 44938 088388754 35411 83470 915-4851
Profit before income tax40 2366167-10 83729 7145631965133 87780 09516 30837 92737 735371754 32711 77370 915-4851
Profit for the reporting year34 0225703-10 83726 7204199799529 22069 99516 30837 92737 735371754 32711 77364 915-4851
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees6633333454455888
Calculated dividend000000—33 33334 09349 65333 34333 75947 22727 98824 00144 999

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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70%30%Sabiedrība ar ierobež…2Razums Rems2Albins Uģis2Lumpovs OskarsPaegle Arvis
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "BALTIC DEVELOPMENT CONSULTANCY"

Overview

Sabiedrība ar ierobežotu atbildību "BALTIC DEVELOPMENT CONSULTANCY" (reg. no. 40003823799) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Zigfrīda Annas Meierovica bulvāris 16 - 24.

Financial results

Revenue in 2025 was 358 843 €, up 8,9% on the previous year (329 653 €). From 2009 to 2025, revenue grew by an average of 2,2% per year. This is the company's highest revenue among the published years (2009–2025). 2025 ended with a loss of 4851 €. The company was profitable in 14 of the 16 published years. In 2025 the company had 8 employees. Revenue per employee was 44 855 €. At the end of 2025, total assets were 108 474 € and equity 72 942 € (67,2% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (70%) is held by 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.