SIA "BALT FINANCE TECHNOLOGIES"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 25 500 € (3% 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 statements2009–2025
| 2009 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 35 922 | 1 189 640 | 1 208 181 | 1 554 516 | 168 245 | 75 039 | 60 786 | 101 539 | 72 661 | 88 299 | 86 140 | 109 270 | 96 615 | 103 162 | 402 909 | 599 263 |
| Total non-current assets | 1141 | 449 | 63 359 | 519 713 | 852 101 | 810 331 | 1 251 537 | 1 358 617 | 1 214 384 | 1 164 665 | 1 164 883 | 1 180 749 | 747 005 | 725 296 | 702 671 | 685 868 |
| Total assets | 37 063 | 1 190 089 | 1 271 540 | 2 074 229 | 1 020 346 | 885 370 | 1 312 323 | 1 460 156 | 1 287 045 | 1 252 964 | 1 251 023 | 1 290 019 | 843 620 | 828 458 | 1 105 580 | 1 285 131 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 27 815 | 32 498 | 83 386 | 174 711 | 182 460 | 20 543 | 595 775 | 867 924 | 812 911 | 863 509 | 885 671 | 730 838 | 203 325 | 61 278 | 5084 | 22 357 |
| Non-current liabilities | 84 | 914 357 | 901 312 | 1 456 534 | 322 756 | 345 598 | 308 092 | 312 363 | 261 101 | 210 078 | 150 334 | 125 581 | 28 312 | 22 023 | 265 183 | 439 792 |
| Total liabilities | 27 899 | 946 855 | 984 698 | 1 631 245 | 505 216 | 366 141 | 903 867 | 1 180 287 | 1 074 012 | 1 073 587 | 1 036 005 | 856 419 | 231 637 | 83 301 | 270 267 | 462 149 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 7009 | 175 688 | 43 608 | 156 979 | -22 199 | 4145 | -110 773 | -128 587 | -66 836 | -33 656 | 35 641 | 218 582 | 178 383 | 150 974 | 90 155 | 13 169 |
| Total equity | 9009 | 242 397 | 286 005 | 442 984 | 515 130 | 519 229 | 408 456 | 279 869 | 213 033 | 179 377 | 215 018 | 433 600 | 611 983 | 745 157 | 835 313 | 822 982 |
| Income statement | ||||||||||||||||
| Sales revenue | 501 369 | 2 431 034 | 35 074 | 236 513 | 116 453 | 153 110 | 79 514 | 26 090 | 78 278 | 65 264 | 201 800 | 305 322 | 250 142 | 211 334 | 152 474 | 119 646 |
| Operating profit | 6732 | 143 329 | -13 908 | 138 149 | -19 530 | 22 287 | -88 271 | -81 826 | -49 320 | -19 176 | 46 188 | 226 039 | 179 009 | 156 725 | 87 957 | 11 691 |
| Profit before income tax | 8246 | 206 370 | 47 705 | 184 324 | -22 199 | 4496 | -110 773 | -128 587 | -66 311 | -33 209 | 35 641 | 218 582 | 178 383 | 155 424 | 90 155 | 19 544 |
| Profit for the reporting year | 7009 | 175 688 | 43 608 | 156 979 | -22 199 | 4145 | -110 773 | -128 587 | -66 836 | -33 656 | 35 641 | 218 582 | 178 383 | 150 974 | 90 155 | 13 169 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 3 | 3 | 3 | 5 | 5 | 3 | 3 | 4 | 5 | 3 | 3 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 800 | 0 | 25 500 |
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 "BALT FINANCE TECHNOLOGIES"
Overview
SIA "BALT FINANCE TECHNOLOGIES" (reg. no. 40103232114) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Rīga, Baltā iela 3B.
Financial results
Revenue in 2025 was 119 646 €, down 21,5% on the previous year (152 474 €). From 2009 to 2025, revenue declined by an average of 9,1% per year. Net profit for 2025 was 13 169 € (11,0% of revenue). The company was profitable in 11 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 59 823 €. At the end of 2025, total assets were 1 285 131 € and equity 822 982 € (64,0% 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.