"M16" SIAActive

40003926279Limited liability companyFounded 2007

Key figures

186 347 €-0,7%
Revenue 2025
-4,9%
Average annual change 2011–2025
0100 k200 k300 k400 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets1 315 053661 016611 111536 475536 924531 758531 766533 202529 742529 130504 480263 315234 528256 341257 106
Total non-current assets0411 732394 141840 885801 633760 356707 054675 447643 958379 746500 314568 460549 636527 315504 994
Total assets1 315 0531 072 7481 005 2521 377 3601 338 5571 292 1141 238 8201 208 6491 173 700908 8761 004 794831 775784 164783 656762 100
Balance sheet — liabilities and equity
Current liabilities118 4472827302251226880389843465403428512 946127 99022 85620 25924 61412 725
Non-current liabilities1 196 1511 125 8711 065 1881 471 6431 430 7741 380 1641 331 1121 269 1331 215 834926 202920 428764 489643 116550 150457 011
Total liabilities1 314 5981 128 6981 068 2101 476 7651 437 6541 384 0621 335 4581 274 5361 220 119939 1481 048 418787 345663 375574 764469 736
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year9792-56 405-7009-98243087167-469030 75119 46916 147-13 35388 05476 35988 10483 471
Total equity455-55 950-62 958-99 405-99 097-91 948-96 638-65 887-46 419-30 272-43 62444 430120 789208 892292 364
Income statement
Sales revenue376 838338 77437 65857 97969 89987 93388 28490 64187 47060 64183 999162 349182 147187 601186 347
Operating profit10 392-53 700-2416-148286507167-435030 75119 46916 147-13 35388 05476 35988 10481 566
Profit before income tax10 392-53 700-2416-148286507167-435030 75119 46916 147-13 35388 05476 35988 10483 471
Profit for the reporting year9792-56 405-7009-98243087167-469030 75119 46916 147-13 35388 05476 35988 10483 471
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees343333333455455
Calculated dividend—00000000000000

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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100%"M16" SIA1Bistrovs Vasilijs
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: "M16" SIA

Overview

"M16" SIA (reg. no. 40003926279) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Lastādijas iela 16 - 12.

Financial results

Revenue in 2025 was 186 347 €, down 0,7% on the previous year (187 601 €). From 2011 to 2025, revenue declined by an average of 4,9% per year. Net profit for 2025 was 83 471 € (44,8% of revenue). The company was profitable in 10 of the 15 published years. In 2025 the company had 5 employees. Revenue per employee was 37 269 €. At the end of 2025, total assets were 762 100 € and equity 292 364 € (38,4% 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.