Sabiedrība ar ierobežotu atbildību "BALTIC PROGRESS"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 1854 | 2514 | 2229 | 1920 | 1677 | 1643 | 8876 | 8910 | 8003 | 8001 | 7996 | 23 179 | 42 134 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 1854 | 2514 | 2229 | 1920 | 1677 | 1643 | 8876 | 8910 | 8003 | 8001 | 7996 | 23 179 | 42 134 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 1 | 0 | 0 | 0 | 0 | 145 | 151 | 367 | 73 | 546 | 529 | 7382 | 1709 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 1 | 0 | 0 | 0 | 0 | 145 | 151 | 367 | 73 | 546 | 529 | 7382 | 1709 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -157 | -123 | -285 | -309 | -243 | -179 | 7227 | -182 | -613 | -475 | 12 | 8330 | 24 628 |
| Total equity | 1853 | 2514 | 2229 | 1920 | 1677 | 1498 | 8725 | 8543 | 7930 | 7455 | 7467 | 15 797 | 40 425 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 405 | 1675 | 16 547 | 365 | 100 | 3501 | 13 184 | 27 840 | 79 262 |
| Operating profit | -157 | -123 | -230 | -309 | -243 | -179 | 7227 | -182 | -613 | -475 | 12 | 8317 | 25 265 |
| EBITDA | — | — | — | -309 | -243 | -179 | 7227 | -182 | -613 | -475 | 12 | 8317 | 25 265 |
| Profit before income tax | -157 | -123 | -230 | -309 | -243 | -179 | 7227 | -182 | -613 | -475 | 12 | 8330 | 24 628 |
| Profit for the reporting year | -157 | -123 | -285 | -309 | -243 | -179 | 7227 | -182 | -613 | -475 | 12 | 8330 | 24 628 |
| Labour costs | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation of non-current assets | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other indicators | |||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 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: Sabiedrība ar ierobežotu atbildību "BALTIC PROGRESS"
Overview
Sabiedrība ar ierobežotu atbildību "BALTIC PROGRESS" (reg. no. 40103565705) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Latgales iela 421 - 67.
Financial results
Revenue in 2025 was 79 262 €, up 185% on the previous year (27 840 €). This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 24 628 € (31,1% of revenue). The company was profitable in 4 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 39 631 €. At the end of 2025, total assets were 42 134 € and equity 40 425 € (95,9% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.