SIA "BALTELEMENT"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 38 801 | 82 551 | 91 307 | 159 998 | 351 054 | 181 608 | 262 308 | 259 382 | 316 126 | 1 684 528 | 334 952 | 499 777 | 401 601 |
| Total non-current assets | 562 | 1540 | 6673 | 2895 | 4220 | 4382 | 2684 | 21 366 | 18 940 | 16 736 | 57 708 | 57 942 | 2323 |
| Total assets | 39 363 | 84 091 | 97 980 | 162 893 | 355 274 | 185 990 | 264 992 | 280 748 | 335 066 | 1 701 264 | 392 660 | 557 719 | 403 924 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 32 534 | 81 327 | 76 464 | 137 814 | 265 643 | 65 495 | 113 784 | 32 118 | 137 204 | 1 343 460 | 203 739 | 367 900 | 256 058 |
| Non-current liabilities | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 32 537 | 81 327 | 76 464 | 137 814 | 265 643 | 65 495 | 113 784 | 32 118 | 137 204 | 1 343 460 | 203 739 | 367 900 | 256 058 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 4827 | -6948 | 18 752 | 3563 | 64 552 | 30 864 | 38 412 | 245 786 | -21 768 | 237 812 | -156 383 | 13 898 | -41 949 |
| Total equity | 6826 | 2764 | 21 516 | 25 079 | 89 631 | 120 495 | 151 208 | 248 630 | 197 862 | 357 804 | 188 921 | 189 819 | 147 866 |
| Income statement | |||||||||||||
| Sales revenue | 399 114 | 803 159 | 1 147 283 | 1 479 805 | 1 903 115 | 2 198 864 | 1 478 592 | 2 173 384 | 1 323 141 | 4 083 511 | 5 528 197 | 207 313 | 309 313 |
| Operating profit | 5679 | -6894 | 21 213 | 4555 | 76 110 | 31 382 | 39 044 | 264 202 | -14 330 | 258 240 | -138 052 | 19 994 | -15 835 |
| Profit before income tax | 5679 | -6953 | 20 985 | 4308 | 75 859 | 30 978 | 38 412 | 263 602 | -14 518 | 258 105 | -139 958 | 17 552 | -41 949 |
| Profit for the reporting year | 4827 | -6948 | 18 752 | 3563 | 64 552 | 30 864 | 38 412 | 245 786 | -21 768 | 237 812 | -156 383 | 13 898 | -41 949 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 4 | 5 | 7 | 7 | 8 | 11 | 9 | 8 | 7 | 7 | 7 | 3 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 7699 | 148 364 | 29 000 | 77 870 | 12 500 | 13 000 | 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: SIA "BALTELEMENT"
Overview
SIA "BALTELEMENT" (reg. no. 40103576681) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Zemitāna iela 9.
Financial results
Revenue in 2025 was 309 313 €, up 49,2% on the previous year (207 313 €). From 2013 to 2025, revenue declined by an average of 2,1% per year. 2025 ended with a loss of 41 949 €. The company was profitable in 9 of the 13 published years. In 2025 the company had 1 employees (3 a year earlier). Revenue per employee was 309 313 €. At the end of 2025, total assets were 403 924 € and equity 147 866 € (36,6% 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.