Sabiedrība ar ierobežotu atbildību "Service for Europe Development"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 47 238 € (13% 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 statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 198 026 | 241 753 | 326 996 | 301 957 | 309 514 | 289 758 | 301 257 | 312 219 | 292 640 | 371 579 | 471 900 | 493 095 |
| Total non-current assets | 246 | 11 446 | 31 938 | 102 735 | 148 074 | 138 101 | 157 484 | 126 850 | 105 386 | 109 795 | 97 903 | 152 188 |
| Total assets | 198 272 | 253 199 | 358 934 | 404 692 | 457 588 | 427 859 | 458 741 | 439 069 | 398 026 | 481 374 | 569 803 | 645 283 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 160 572 | 172 026 | 218 070 | 262 786 | 221 410 | 208 963 | 175 013 | 128 726 | 71 211 | 110 283 | 173 791 | 223 615 |
| Non-current liabilities | 344 | 0 | 18 140 | 13 705 | 25 281 | 33 944 | 32 835 | 33 314 | 19 239 | 43 029 | 42 905 | 17 067 |
| Total liabilities | 160 916 | 172 026 | 236 210 | 276 491 | 246 691 | 242 907 | 207 848 | 162 040 | 90 450 | 153 312 | 216 696 | 240 682 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 34 904 | 39 700 | 48 228 | 5477 | 82 987 | 15 001 | 65 941 | 26 136 | 30 547 | 20 424 | 25 045 | 98 732 |
| Total equity | 34 904 | 74 604 | 122 724 | 128 201 | 210 897 | 184 952 | 250 893 | 277 029 | 307 576 | 328 062 | 353 107 | 404 601 |
| Income statement | ||||||||||||
| Sales revenue | 400 657 | 512 122 | 737 042 | 832 662 | 707 394 | 743 257 | 688 735 | 618 266 | 572 024 | 469 165 | 720 134 | 1 310 798 |
| Operating profit | 40 879 | 44 264 | 57 415 | 13 624 | 85 279 | 15 210 | 66 265 | 26 136 | 30 858 | 20 510 | 27 832 | 100 810 |
| Profit before income tax | 42 101 | 46 206 | 55 998 | 11 109 | 83 076 | 15 210 | 65 941 | 26 136 | 30 858 | 20 992 | 25 427 | 99 198 |
| Profit for the reporting year | 34 904 | 39 700 | 48 228 | 5477 | 82 987 | 15 001 | 65 941 | 26 136 | 30 547 | 20 424 | 25 045 | 98 732 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 7 | 8 | 9 | 9 | 10 | 10 | 9 | 6 | 4 | 4 | 6 | 8 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 40 946 | 0 | 0 | 0 | 0 | 0 | 47 238 |
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 "Service for Europe Development"
Overview
Sabiedrība ar ierobežotu atbildību "Service for Europe Development" (reg. no. 40103752882) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Ogres nov., Birzgales pag., "Rankas 1".
Financial results
Revenue in 2025 was 1 310 798 €, up 82,0% on the previous year (720 134 €). From 2014 to 2025, revenue grew by an average of 11,4% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 98 732 € (7,5% of revenue). The company was profitable in all 12 published years. In 2025 the company had 8 employees (6 a year earlier). Revenue per employee was 163 850 €. At the end of 2025, total assets were 645 283 € and equity 404 601 € (62,7% 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.