BayWa r.e. Solar Systems SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 60 598 | 99 535 | 212 086 | 269 648 | 285 223 | 284 822 | 331 129 | 320 273 | 471 374 | 849 951 | 983 704 | 4 551 615 | 4 007 836 | 6 321 434 |
| Total non-current assets | 6331 | 13 747 | 28 327 | 24 775 | 54 407 | 64 025 | 65 455 | 45 697 | 78 206 | 65 859 | 82 557 | 111 144 | 159 603 | 146 503 |
| Total assets | 66 929 | 113 282 | 240 413 | 294 423 | 339 630 | 348 847 | 396 584 | 365 970 | 549 580 | 915 810 | 1 066 261 | 4 662 759 | 4 167 439 | 6 467 937 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 11 888 | 10 776 | 23 301 | 41 849 | 57 367 | 70 403 | 118 157 | 87 496 | 170 705 | 503 897 | 287 676 | 2 262 196 | 1 660 809 | 4 599 237 |
| Non-current liabilities | 56 817 | 102 728 | 212 980 | 239 448 | 267 448 | 254 448 | 224 448 | 231 448 | 272 748 | 232 248 | 0 | 0 | 0 | 0 |
| Total liabilities | 68 705 | 113 504 | 236 281 | 281 297 | 324 815 | 324 851 | 342 605 | 318 944 | 443 453 | 736 145 | 287 676 | 2 262 196 | 1 660 809 | 4 599 237 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -10 776 | 1554 | 4448 | 1800 | 1689 | 9181 | 30 088 | 3005 | 47 276 | 85 832 | 624 265 | 1 621 978 | 106 067 | -637 930 |
| Total equity | -1776 | -222 | 4132 | 13 126 | 14 815 | 23 996 | 53 979 | 46 557 | 93 833 | 179 665 | 778 585 | 2 400 563 | 2 506 630 | 1 868 700 |
| Income statement | ||||||||||||||
| Sales revenue | 56 759 | 165 186 | 435 215 | 551 056 | 781 269 | 864 898 | 1 122 272 | 1 398 940 | 1 804 979 | 2 210 225 | 9 170 494 | 20 398 774 | 22 419 504 | 20 530 504 |
| Operating profit | -10 379 | 2440 | 8579 | 103 | 8178 | 8709 | 30 408 | -2680 | 47 733 | 85 868 | 624 316 | 1 655 192 | 173 627 | -471 819 |
| Profit before income tax | -10 776 | 1554 | 4448 | 1800 | 1689 | 10 312 | 30 408 | 4820 | 47 733 | 85 868 | 624 316 | 1 621 978 | 108 131 | -637 792 |
| Profit for the reporting year | -10 776 | 1554 | 4448 | 1800 | 1689 | 9181 | 30 088 | 3005 | 47 276 | 85 832 | 624 265 | 1 621 978 | 106 067 | -637 930 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 2 | 4 | 5 | 5 | 4 | 4 | 4 | 5 | 6 | 7 | 13 | 19 | 19 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 10 427 | 0 | 0 | 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: BayWa r.e. Solar Systems SIA
Overview
BayWa r.e. Solar Systems SIA (reg. no. 40103468912) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Ropažu nov., Stopiņu pag., Rumbula, Latgales iela 495.
Financial results
Revenue in 2025 was 20 530 504 €, down 8,4% on the previous year (22 419 504 €). From 2012 to 2025, revenue grew by an average of 57,3% per year. 2025 ended with a loss of 637 930 €. The company was profitable in 12 of the 14 published years. In 2025 the company had 19 employees. Revenue per employee was 1 080 553 €. At the end of 2025, total assets were 6 467 937 € and equity 1 868 700 € (28,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is BayWa r.e. Solar Trade Holding GmbH.
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.