SIA "IQTC Management"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 72 022 | 64 748 | 122 058 | 121 918 | 76 881 | 18 919 | 37 072 | 52 636 | 22 542 | 32 286 | 52 766 |
| Total non-current assets | 92 434 | 124 433 | 96 687 | 70 874 | 46 316 | 28 606 | 16 109 | 10 075 | 3121 | 2139 | 6168 |
| Total assets | 164 456 | 189 181 | 218 745 | 192 792 | 123 197 | 47 525 | 53 181 | 62 711 | 25 663 | 34 425 | 58 934 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 148 804 | 76 999 | 102 775 | 181 158 | 192 594 | 112 328 | 165 265 | 237 906 | 158 506 | 168 916 | 190 324 |
| Non-current liabilities | 158 277 | 454 499 | 527 111 | 225 286 | 250 950 | 291 810 | 321 968 | 359 297 | 203 189 | 190 477 | 201 121 |
| Total liabilities | 307 081 | 531 498 | 629 886 | 406 444 | 443 544 | 404 138 | 487 233 | 597 203 | 361 695 | 359 393 | 391 445 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -147 133 | -198 184 | -68 824 | 197 489 | -107 371 | -42 994 | -78 660 | -103 408 | -48 022 | 7988 | -3755 |
| Total equity | -144 133 | -342 317 | -411 141 | -213 652 | -321 023 | -364 017 | -442 677 | -546 085 | -341 612 | -333 624 | -337 379 |
| Income statement | |||||||||||
| Sales revenue | 4629 | 95 746 | 258 424 | 586 143 | 240 802 | 179 326 | 175 882 | 220 535 | 248 465 | 315 401 | 337 507 |
| Operating profit | -144 289 | -182 703 | -41 622 | 234 846 | -103 956 | -30 098 | -78 600 | -87 497 | -42 113 | 9796 | -3482 |
| Profit before income tax | -147 133 | -198 184 | -68 824 | 204 875 | -107 371 | -42 994 | -78 660 | -103 408 | -48 022 | 7988 | -3755 |
| Profit for the reporting year | -147 133 | -198 184 | -68 824 | 197 489 | -107 371 | -42 994 | -78 660 | -103 408 | -48 022 | 7988 | -3755 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 6 | 9 | 9 | 19 | 10 | 7 | 7 | 6 | 5 | 4 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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: SIA "IQTC Management"
Overview
SIA "IQTC Management" (reg. no. 40103812151) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Liepājas iela 34.
Financial results
Revenue in 2025 was 337 507 €, up 7,0% on the previous year (315 401 €). From 2015 to 2025, revenue grew by an average of 53,6% per year. 2025 ended with a loss of 3755 €. The company was profitable in 2 of the 11 published years. In 2025 the company had 4 employees. Revenue per employee was 84 377 €.
Management and owners
The company has one board member. The sole owner of the company is WP Service Solutions GmbH.
Points to note
Equity was negative at the end of 2025 (-337 379 €).
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.