SIA GEO DevelopmentActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 2976 | 1270 | 9753 | 9659 | 16 427 | 13 508 | 41 720 | 28 705 | 48 110 | 62 070 | 43 478 | 42 415 | 55 823 | 75 386 | 83 723 | 40 867 | 84 961 | 64 668 |
| Total non-current assets | 13 435 | 10 396 | 13 716 | 10 016 | 3605 | 5290 | 7888 | 22 454 | 28 954 | 31 116 | 38 261 | 40 106 | 77 476 | 95 275 | 135 971 | 108 898 | 91 327 | 94 357 |
| Total assets | 16 411 | 11 666 | 23 469 | 19 675 | 20 032 | 18 798 | 49 608 | 51 159 | 77 064 | 93 186 | 81 739 | 82 521 | 133 299 | 170 661 | 219 694 | 149 765 | 176 288 | 159 025 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 1498 | 5437 | 8326 | 11 246 | 20 296 | 7812 | 17 521 | 36 153 | 35 704 | 56 069 | 66 330 | 47 968 | 64 803 | 99 169 | 114 836 | 84 073 | 109 132 | 74 163 |
| Non-current liabilities | 16 917 | 11 356 | 8280 | 4971 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4047 | 28 927 | 22 697 | 32 401 | 28 663 | 0 | 0 |
| Total liabilities | 18 415 | 16 793 | 16 606 | 16 217 | 20 296 | 7812 | 17 521 | 36 153 | 35 704 | 56 069 | 66 330 | 52 015 | 93 730 | 121 866 | 147 237 | 112 736 | 109 132 | 74 163 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -4126 | -3168 | 12 157 | 1458 | -2264 | 11 250 | 16 455 | -11 481 | 26 354 | 1256 | -11 663 | 21 542 | 17 675 | 27 426 | 69 517 | -5378 | 30 126 | 9364 |
| Total equity | -2126 | -5294 | 6863 | 3458 | -264 | 10 986 | 32 087 | 15 006 | 41 360 | 37 117 | 15 409 | 30 506 | 39 569 | 48 795 | 72 457 | 37 029 | 67 156 | 84 862 |
| Income statement | ||||||||||||||||||
| Sales revenue | 2069 | 11 966 | 44 664 | 56 445 | 47 096 | 140 935 | 373 343 | 217 744 | 179 719 | 172 526 | 154 971 | 178 626 | 231 759 | 250 902 | 454 503 | 301 949 | 312 034 | 372 182 |
| Operating profit | -3624 | -1764 | 13 006 | 2724 | -1607 | 13 295 | 20 911 | -11 148 | 28 077 | 1737 | -11 663 | 22 739 | 18 900 | 34 804 | 80 362 | 5830 | 31 856 | 14 645 |
| Profit before income tax | -4126 | -3168 | 12 157 | 2040 | -1958 | 13 271 | 19 906 | -11 481 | 27 985 | 1737 | -11 663 | 21 542 | 17 675 | 31 976 | 77 217 | 2135 | 30 126 | 14 437 |
| Profit for the reporting year | -4126 | -3168 | 12 157 | 1458 | -2264 | 11 250 | 16 455 | -11 481 | 26 354 | 1256 | -11 663 | 21 542 | 17 675 | 27 426 | 69 517 | -5378 | 30 126 | 9364 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 3 | 3 | 4 | 4 | 4 | 5 | 6 | 14 | 13 | 10 | 10 | 6 | 9 | 11 | 11 | 9 | 7 | 9 |
| Calculated dividend | 0 | 0 | 0 | 4863 | 1458 | 0 | 0 | 5600 | 0 | 5499 | 10 045 | 6445 | 8612 | 18 200 | 45 855 | 30 050 | 0 | 0 |
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 GEO Development
Overview
SIA GEO Development (reg. no. 40003956979) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Lapeņu iela 7.
Financial results
Revenue in 2025 was 372 182 €, up 19,3% on the previous year (312 034 €). From 2008 to 2025, revenue grew by an average of 35,7% per year. Net profit for 2025 was 9364 € (2,5% of revenue). The company was profitable in 12 of the 18 published years. In 2025 the company had 9 employees (7 a year earlier). Revenue per employee was 41 354 €. At the end of 2025, total assets were 159 025 € and equity 84 862 € (53,4% 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.