AS "Eco Baltia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 174 | 2136 | 4 747 035 | 4 161 740 | 3 910 324 | 4 747 478 | 2 087 657 | 3 390 306 | 44 886 221 | 51 097 597 | 59 980 602 | 59 334 040 | 10 529 295 |
| Total non-current assets | 11 244 864 | 22 400 000 | 29 762 495 | 28 988 795 | 28 679 088 | 31 425 499 | 32 655 153 | 32 981 857 | 100 806 098 | 129 824 783 | 184 362 235 | 239 445 385 | 72 841 011 |
| Total assets | 11 245 038 | 22 402 136 | 34 509 530 | 33 150 535 | 32 589 412 | 36 172 977 | 34 742 810 | 36 372 163 | 145 692 319 | 180 922 380 | 244 342 837 | 298 779 425 | 83 370 306 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 3 301 615 | 2 018 022 | 11 876 538 | 12 699 936 | 11 068 427 | 11 056 508 | 9 467 163 | 10 771 603 | 35 138 766 | 65 963 995 | 64 542 701 | 84 599 812 | 23 408 426 |
| Non-current liabilities | 8 179 622 | 10 560 649 | 10 764 514 | 6 152 536 | 4 502 505 | 4 070 055 | 2 426 800 | 2 589 567 | 49 707 313 | 54 209 710 | 104 095 245 | 126 228 344 | 29 656 930 |
| Total liabilities | 11 481 237 | 12 578 671 | 22 641 052 | 18 852 472 | 15 570 932 | 15 126 563 | 11 893 963 | 13 361 170 | 84 846 079 | 120 173 705 | 168 637 946 | 210 828 156 | 53 065 356 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -239 199 | -961 179 | 1 666 345 | 2 429 585 | 2 701 681 | 3 883 029 | 1 918 423 | 276 955 | 9 326 032 | 8 306 103 | 1 538 113 | 10 792 301 | -10 696 343 |
| Total equity | -236 199 | 9 823 465 | 11 868 478 | 14 298 063 | 16 911 809 | 20 794 838 | 22 713 261 | 23 010 993 | 60 846 240 | 60 748 675 | 75 704 891 | 86 235 322 | 30 288 478 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 0 | 2 627 777 | 3 680 824 | 4 935 699 | 5 266 033 | 4 725 736 | 3 372 860 | 120 019 772 | 210 031 623 | 218 398 130 | 261 540 729 | 1 362 518 |
| Operating profit | -83 899 | -13 330 | 940 496 | 1 805 095 | 2 619 322 | 2 235 444 | 1 752 462 | 381 199 | 10 210 332 | 9 377 139 | 7 636 523 | 20 084 013 | -21 111 279 |
| Profit before income tax | -239 199 | -961 179 | 1 707 473 | 2 668 872 | 2 868 541 | 3 888 032 | 1 944 241 | 282 194 | 9 091 844 | 6 591 007 | 994 837 | 9 392 437 | -10 694 455 |
| Profit for the reporting year | -239 199 | -961 179 | 1 666 345 | 2 429 585 | 2 701 681 | 3 883 029 | 1 918 423 | 276 955 | 9 326 032 | 8 306 103 | 1 538 113 | 10 792 301 | -10 696 343 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 3 | 43 | 47 | 56 | 67 | 73 | 62 | — | — | — | — | 10 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 000 000 | 8 000 000 | 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: AS "Eco Baltia"
Overview
AS "Eco Baltia" (reg. no. 40103435432) is a joint-stock company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Latgales iela 240 - 3.
Financial results
Revenue in 2025 was 1 362 518 €, down 99,5% on the previous year (261 540 729 €). 2025 ended with a loss of 10 696 343 €. The company was profitable in 10 of the 13 published years. In 2025 the company had 10 employees. Revenue per employee was 136 252 €. At the end of 2025, total assets were 83 370 306 € and equity 30 288 478 € (36,3% of assets).
Management and owners
The board has 4 members. The company holds a stake in one other active Latvian company.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.