Sabiedrība ar ierobežotu atbildību "iDevelop"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 12 000 € (28% 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 | 1747 | 1364 | 1597 | 840 | 1085 | 2385 | 5876 | 3323 | 4025 | 5067 | 15 345 | 33 559 | 64 064 |
| Total non-current assets | 0 | 0 | 400 | 855 | 1021 | 997 | 7762 | 6493 | 5722 | 3745 | 1143 | 41 126 | 382 783 |
| Total assets | 1747 | 1364 | 1997 | 1695 | 2106 | 3382 | 13 638 | 9816 | 9747 | 8812 | 16 488 | 74 685 | 446 847 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 119 | 524 | 810 | 1025 | 1015 | 1777 | 2598 | 3889 | 2605 | 4074 | 3973 | 16 821 | 374 742 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 647 | 15 126 |
| Total liabilities | 119 | 524 | 810 | 1025 | 1015 | 1777 | 2598 | 3889 | 2605 | 4074 | 3973 | 31 468 | 389 868 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1626 | -1476 | 347 | -517 | 421 | 515 | 9435 | -5112 | 1214 | -2404 | 7777 | 40 417 | 25 762 |
| Total equity | 1628 | 840 | 1187 | 670 | 1091 | 1605 | 11 040 | 5927 | 7142 | 4738 | 12 515 | 43 217 | 56 979 |
| Income statement | |||||||||||||
| Sales revenue | 3784 | 12 197 | 17 148 | 17 431 | 22 979 | 26 220 | 39 134 | 24 225 | 35 455 | 22 841 | 37 215 | 197 950 | 390 044 |
| Operating profit | 1626 | -1476 | 347 | -517 | 421 | 515 | 9435 | -5112 | 1214 | -2404 | 7777 | 42 882 | 52 019 |
| Profit before income tax | 1626 | -1476 | 347 | -517 | 421 | 515 | 9435 | -5112 | 1214 | -2404 | 7777 | 42 882 | 28 762 |
| Profit for the reporting year | 1626 | -1476 | 347 | -517 | 421 | 515 | 9435 | -5112 | 1214 | -2404 | 7777 | 40 417 | 25 762 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9715 | 12 000 |
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 "iDevelop"
Overview
Sabiedrība ar ierobežotu atbildību "iDevelop" (reg. no. 40103700857) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Cēsu nov., Cēsis, Viestura iela 10A - 27.
Financial results
Revenue in 2025 was 390 044 €, up 97,0% on the previous year (197 950 €). From 2013 to 2025, revenue grew by an average of 47,2% per year. This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 25 762 € (6,6% of revenue). The company was profitable in 9 of the 13 published years. In 2025 the company had 7 employees (3 a year earlier). Revenue per employee was 55 721 €. At the end of 2025, total assets were 446 847 € and equity 56 979 € (12,8% of assets).
Management and owners
The board has 2 members. The sole owner of the company is a private individual. 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.