Pillar Development, SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 252 586 | 817 275 | 709 969 | 449 986 | 910 068 | 7 147 416 | 8 104 459 | 12 524 217 | 7 630 618 | 7 285 557 | 294 000 | 428 069 | 341 249 | 345 988 | 347 931 |
| Total non-current assets | 2 633 350 | 3 564 226 | 6 246 352 | 9 697 144 | 10 415 691 | 8 521 265 | 17 846 700 | 27 159 283 | 28 989 696 | 29 873 529 | 25 407 304 | 28 956 251 | 29 045 842 | 30 870 049 | 31 653 640 |
| Total assets | 2 885 936 | 4 381 501 | 6 956 321 | 10 147 130 | 11 325 759 | 15 668 681 | 25 951 159 | 39 683 500 | 36 620 314 | 37 159 086 | 25 701 304 | 29 384 320 | 29 387 091 | 31 216 037 | 32 001 571 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 21 312 | 30 710 | 162 416 | 108 513 | 51 200 | 1 581 860 | 737 553 | 9 218 436 | 5 819 224 | 6 926 617 | 1 092 808 | 4 370 547 | 6 226 859 | 9 426 214 | 10 199 445 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69 179 | 3 115 818 |
| Total liabilities | 21 312 | 30 710 | 162 416 | 108 513 | 51 200 | 1 581 860 | 737 553 | 9 218 436 | 5 819 224 | 6 926 617 | 1 092 808 | 4 370 547 | 6 226 859 | 9 495 393 | 13 315 263 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -21 624 | -13 833 | -56 886 | -310 423 | -564 058 | -487 738 | -6 973 215 | -598 542 | 336 026 | -568 621 | -3 172 893 | 405 277 | -1 853 541 | -1 439 588 | -3 034 336 |
| Total equity | 2 864 624 | 4 350 791 | 6 793 905 | 10 038 617 | 11 274 559 | 14 086 821 | 25 213 606 | 30 465 064 | 30 801 090 | 30 232 469 | 24 608 496 | 25 013 773 | 23 160 232 | 21 720 644 | 18 686 308 |
| Income statement | |||||||||||||||
| Sales revenue | 0 | 0 | 0 | 84 386 | 99 407 | 6 895 998 | 326 666 | 323 100 | 5 557 952 | 1 288 084 | 1 302 371 | 524 038 | 527 583 | 607 181 | 1 075 839 |
| Operating profit | -19 796 | -20 189 | -65 043 | -365 157 | -663 839 | -307 076 | -6 990 632 | -664 614 | 438 410 | -348 237 | -2 955 576 | 450 877 | -1 744 623 | -1 384 367 | -2 883 249 |
| Profit before income tax | -25 440 | -16 049 | -66 922 | -365 157 | -663 839 | -307 076 | -6 973 215 | -598 541 | 339 236 | -568 611 | -3 172 843 | 405 310 | -1 853 488 | -1 439 538 | -3 034 286 |
| Profit for the reporting year | -21 624 | -13 833 | -56 886 | -310 423 | -564 058 | -487 738 | -6 973 215 | -598 542 | 336 026 | -568 621 | -3 172 893 | 405 277 | -1 853 541 | -1 439 588 | -3 034 336 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 0 | 0 | 1 | 0 | 2 | 2 | 3 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 451 080 | 0 | 0 | 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: Pillar Development, SIA
Overview
Pillar Development, SIA (reg. no. 40103222826) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Rīga, Pulkveža Brieža iela 28A.
Financial results
Revenue in 2025 was 1 075 839 €, up 77,2% on the previous year (607 181 €). 2025 ended with a loss of 3 034 336 €. The company was profitable in 2 of the 15 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 32 001 571 € and equity 18 686 308 € (58,4% of assets).
Management and owners
The board has 3 members. The sole owner of the company is New Hanza Development, SIA. The company holds stakes in 2 active Latvian companies.
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.