GBL Latvia SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 19 576 € (17% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 423 | 0 | 9885 | 8160 | 4697 | 7091 | 13 566 | 1654 | 29 609 | 177 645 | 395 644 | 189 000 | 264 058 |
| Total non-current assets | 0 | 0 | 2444 | 1911 | 6294 | 4761 | 0 | 0 | 0 | 881 | 2184 | 1273 | 5169 |
| Total assets | 423 | 0 | 12 329 | 10 071 | 10 991 | 11 852 | 13 566 | 1654 | 29 609 | 178 526 | 397 828 | 190 273 | 269 227 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 226 | 145 | 2527 | 933 | 5086 | 6820 | 12 670 | 3990 | 15 450 | 54 652 | 66 894 | 72 972 | 108 509 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 226 | 145 | 2527 | 933 | 5086 | 6820 | 12 670 | 3990 | 15 450 | 54 652 | 66 894 | 72 972 | 108 509 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 196 | -425 | 7148 | -1174 | -3233 | -873 | -4136 | -3233 | 16 495 | 109 715 | 237 926 | -213 633 | 62 993 |
| Total equity | 197 | -145 | 9802 | 9138 | 5905 | 5032 | 896 | -2336 | 14 159 | 123 874 | 330 934 | 117 301 | 160 718 |
| Income statement | |||||||||||||
| Sales revenue | 643 | 0 | 99 034 | 149 327 | 93 964 | 34 585 | 12 850 | 4436 | 194 210 | 939 587 | 1 091 723 | 429 770 | 713 391 |
| Operating profit | 277 | -318 | 8813 | -1004 | -3233 | -823 | -4136 | -3145 | 16 622 | 110 412 | 246 363 | -213 008 | 69 537 |
| Profit before income tax | 254 | -375 | 8627 | -1004 | -3233 | -873 | -4136 | -3183 | 16 495 | 109 715 | 245 643 | -213 633 | 66 126 |
| Profit for the reporting year | 196 | -425 | 7148 | -1174 | -3233 | -873 | -4136 | -3233 | 16 495 | 109 715 | 237 926 | -213 633 | 62 993 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 24 | 24 | 15 | 19 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 866 | 0 | 19 576 |
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: GBL Latvia SIA
Overview
GBL Latvia SIA (reg. no. 40103647486) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Lāčplēša iela 14 - 4.
Financial results
Revenue in 2025 was 713 391 €, up 66,0% on the previous year (429 770 €). From 2013 to 2025, revenue grew by an average of 79,4% per year. Net profit for 2025 was 62 993 € (8,8% of revenue). The company was profitable in 6 of the 13 published years. In 2025 the company had 19 employees (15 a year earlier). Revenue per employee was 37 547 €. At the end of 2025, total assets were 269 227 € and equity 160 718 € (59,7% of assets).
Management and owners
The company has one board member. 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.