SIA "BALTPAL"Active

40103785008Limited liability companyFounded 2014

Key figures

3 568 209 €-9,8%
Revenue 2025
+17,2%
Average annual growth 2014–2025
02 m4 m6 m8 m’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 48 000 € (3% 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).

History
2025 ~48 000 €
2024 ~18 000 €
2023 ~400 000 €
2022 ~100 007 €
20210 €
20200 €
2019 ~176 050 €
20180 €
20170 €
20160 €
20150 €
Summary of financial statements2014–2025
201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets108 919290 065375 210401 700499 147383 686430 4961 069 4881 707 4301 333 4581 227 0421 170 482
Total non-current assets63 022131 578110 29898 225193 644551 215566 397496 906442 091398 667371 691289 853
Total assets171 941421 643485 508499 925692 791934 901996 8931 566 3942 149 5211 732 1251 598 7331 460 335
Balance sheet — liabilities and equity
Current liabilities151 273244 717221 072250 984223 379336 422393 358479 013225 151181 593218 031199 131
Non-current liabilities162393 547135 35370 0867482257 080232 604000040 000
Total liabilities152 896338 264356 425321 070230 861593 502625 962479 013225 151181 593218 031239 131
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year12 53862 11946 46849 772283 07555 51929 532716 450936 99626 162-151 830-111 498
Total equity15 33877 457129 083178 855461 930341 399370 9311 087 3811 924 3701 550 5321 380 7021 221 204
Income statement
Sales revenue623 4871 646 2331 881 0022 566 5803 342 6812 715 9302 428 0044 817 8816 198 9504 499 8563 956 4953 568 209
Operating profit14 75672 23059 85564 836285 42658 27336 709722 834962 205114 682-165 514-113 824
Profit before income tax14 75671 85555 78461 360283 34055 56929 532716 450961 996126 162-147 330-99 498
Profit for the reporting year12 53862 11946 46849 772283 07555 51929 532716 450936 99626 162-151 830-111 498
Labour costs————————————
Depreciation of non-current assets————————————
Other indicators
Employees122727272931313639393939
Calculated dividend—0000176 05000100 007400 00018 00048 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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50%50%SIA "BALTPAL"1Grebstels SergejsMeļņičuks SergejsŅikitins Vitālijs
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members

Summary: SIA "BALTPAL"

Overview

SIA "BALTPAL" (reg. no. 40103785008) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Aizkraukles nov., Koknese, 1905. gada iela 4.

Financial results

Revenue in 2025 was 3 568 209 €, down 9,8% on the previous year (3 956 495 €). From 2014 to 2025, revenue grew by an average of 17,2% per year. 2025 ended with a loss of 111 498 €. The company was profitable in 10 of the 12 published years. In 2025 the company had 39 employees. Revenue per employee was 91 493 €. At the end of 2025, total assets were 1 460 335 € and equity 1 221 204 € (83,6% of assets).

Management and owners

The board has 3 members. 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.