Paymentology Latvia SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2014–2025
| 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 59 218 | 720 215 | 1 332 445 | 2 017 570 | 2 468 220 | 2 613 822 | 2 856 021 | 2 977 094 | 3 109 472 | 2 836 777 | 3 164 269 |
| Total non-current assets | 7605 | 8719 | 17 785 | 52 501 | 44 646 | 49 270 | 96 063 | 217 901 | 168 053 | 121 661 | 108 818 |
| Total assets | 66 823 | 728 934 | 1 350 230 | 2 070 071 | 2 512 866 | 2 663 092 | 2 952 084 | 3 194 995 | 3 277 525 | 2 958 438 | 3 273 087 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 29 876 | 246 583 | 514 680 | 536 307 | 535 797 | 201 488 | 374 699 | 418 685 | 490 363 | 620 675 | 807 871 |
| Non-current liabilities | 1794 | 2567 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 31 670 | 249 150 | 514 680 | 536 307 | 535 797 | 201 488 | 374 699 | 418 685 | 490 363 | 620 675 | 807 871 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 24 934 | 431 752 | 370 542 | 698 213 | 443 305 | 484 535 | 115 780 | 198 926 | 10 852 | 101 120 | 127 453 |
| Total equity | 27 784 | 462 441 | 835 550 | 1 533 764 | 1 977 069 | 2 461 604 | 2 577 385 | 2 776 310 | 2 787 162 | 2 337 763 | 2 465 216 |
| Income statement | |||||||||||
| Sales revenue | 330 600 | 1 304 063 | 1 852 326 | 2 585 126 | 2 052 864 | 2 112 293 | 3 311 230 | 4 520 391 | 4 349 167 | 3 845 768 | 3 951 707 |
| Operating profit | 32 513 | 511 667 | 437 824 | 699 416 | 443 383 | 484 714 | 115 880 | 199 571 | 10 882 | 101 551 | 127 915 |
| Profit before income tax | 32 493 | 508 907 | 437 824 | 699 416 | 443 383 | 484 714 | 115 880 | 199 571 | 10 882 | 101 551 | 127 915 |
| Profit for the reporting year | 24 934 | 431 752 | 370 542 | 698 213 | 443 305 | 484 535 | 115 780 | 198 926 | 10 852 | 101 120 | 127 453 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 4 | 8 | 14 | 21 | 18 | 20 | 34 | 48 | 43 | 38 | 40 |
| Calculated dividend | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 550 519 | 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: Paymentology Latvia SIA
Overview
Paymentology Latvia SIA (reg. no. 40103746034) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Krišjāņa Valdemāra iela 62.
Financial results
Revenue in 2025 was 3 951 707 €, up 2,8% on the previous year (3 845 768 €). From 2014 to 2025, revenue grew by an average of 28,2% per year. Net profit for 2025 was 127 453 € (3,2% of revenue). The company was profitable in all 11 published years. In 2025 the company had 40 employees (38 a year earlier). Revenue per employee was 98 793 €. At the end of 2025, total assets were 3 273 087 € and equity 2 465 216 € (75,3% of assets).
Management and owners
The board has 2 members. The sole owner of the company is MeaWallet AS.
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.