"GELACKS" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 40 000 € (25% 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 statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 39 786 | 37 317 | 40 645 | 43 807 | 61 343 | 69 233 | 61 170 | 151 615 | 148 278 | 168 505 | 142 866 |
| Total non-current assets | 37 315 | 43 184 | 64 059 | 63 002 | 77 872 | 62 437 | 54 478 | 119 424 | 108 655 | 91 644 | 116 378 |
| Total assets | 77 101 | 80 501 | 104 704 | 106 809 | 139 215 | 131 670 | 115 648 | 271 039 | 256 933 | 260 149 | 259 244 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 43 871 | 43 603 | 47 056 | 59 907 | 63 992 | 91 748 | 73 613 | 81 587 | 67 083 | 75 360 | 92 929 |
| Non-current liabilities | 14 070 | 10 166 | 24 560 | 15 576 | 30 913 | 17 607 | 8811 | 55 514 | 40 283 | 26 257 | 41 916 |
| Total liabilities | 57 941 | 53 769 | 71 616 | 75 483 | 94 905 | 109 355 | 82 424 | 137 101 | 107 366 | 101 617 | 134 845 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8599 | 23 886 | 30 242 | 28 480 | 41 464 | 19 469 | 10 909 | 120 183 | 26 538 | 48 964 | 5867 |
| Total equity | 11 445 | 26 732 | 33 088 | 31 326 | 44 310 | 22 315 | 33 224 | 133 938 | 149 567 | 158 532 | 124 399 |
| Income statement | |||||||||||
| Sales revenue | 193 658 | 227 050 | 253 802 | 247 571 | 295 974 | 274 505 | 266 968 | 441 733 | 405 954 | 427 695 | 378 172 |
| Operating profit | 12 333 | 27 791 | 35 730 | 29 517 | 49 788 | 31 002 | 11 577 | 126 399 | 33 032 | 61 982 | 18 785 |
| Profit before income tax | 11 294 | 26 856 | 34 702 | 28 570 | 48 705 | 29 989 | 10 946 | 125 111 | 29 390 | 58 994 | 15 998 |
| Profit for the reporting year | 8599 | 23 886 | 30 242 | 28 480 | 41 464 | 19 469 | 10 909 | 120 183 | 26 538 | 48 964 | 5867 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 9 | 9 | 9 | 8 | 8 | 9 | 9 | 9 | 9 | 10 | 10 |
| Calculated dividend | — | 8599 | 23 886 | 30 242 | 28 480 | 41 464 | 0 | 19 469 | 10 909 | 39 999 | 40 000 |
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: "GELACKS" SIA
Overview
"GELACKS" SIA (reg. no. 40003974669) is a limited liability company. The company was registered in 2007 and has been in the register for 18 years. Registered address: Rīga, Irlavas iela 26 - 6.
Financial results
Revenue in 2025 was 378 172 €, down 11,6% on the previous year (427 695 €). From 2015 to 2025, revenue grew by an average of 6,9% per year. Net profit for 2025 was 5867 € (1,6% of revenue). The company was profitable in all 11 published years. In 2025 the company had 10 employees. Revenue per employee was 37 817 €. At the end of 2025, total assets were 259 244 € and equity 124 399 € (48,0% 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.