SIA "Baltic Developments"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 | 386 | 2023 | 2918 | 5757 | 6578 | 5521 | 1722 | 11 115 | 707 | -4 | 1024 |
| Total non-current assets | 109 505 | 157 733 | 204 570 | 243 138 | 261 745 | 262 030 | 260 278 | 222 464 | 191 197 | 178 689 | 166 182 |
| Total assets | 109 891 | 159 756 | 207 488 | 248 895 | 268 323 | 267 551 | 262 000 | 233 579 | 191 904 | 178 685 | 167 206 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 112 794 | 167 808 | 219 770 | 273 051 | 322 641 | 377 831 | 413 413 | 412 807 | 15 026 | 12 783 | 6781 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 394 453 | 394 574 | 394 604 |
| Total liabilities | 112 794 | 167 808 | 219 770 | 273 051 | 322 641 | 377 831 | 413 413 | 412 807 | 409 479 | 407 357 | 401 385 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2913 | -5149 | -4230 | -11 874 | -42 036 | -55 962 | -41 133 | -27 814 | -38 347 | -11 097 | -5507 |
| Total equity | -2903 | -8052 | -12 282 | -24 156 | -54 318 | -110 280 | -151 413 | -179 228 | -217 575 | -228 672 | -234 179 |
| Income statement | |||||||||||
| Sales revenue | 0 | 3138 | 2951 | 6515 | 19 230 | 17 676 | 23 358 | 66 941 | 42 692 | 46 395 | 48 773 |
| Operating profit | -2913 | -5149 | -4180 | -11 824 | -41 986 | -54 901 | -39 514 | -25 520 | -38 153 | -11 019 | -5507 |
| Profit before income tax | -2913 | -5149 | -4230 | -11 824 | -41 986 | -54 901 | -39 514 | -25 520 | -38 153 | -11 019 | -5507 |
| Profit for the reporting year | -2913 | -5149 | -4230 | -11 874 | -42 036 | -55 962 | -41 133 | -27 814 | -38 347 | -11 097 | -5507 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 "Baltic Developments"
Overview
SIA "Baltic Developments" (reg. no. 40103860503) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Ruses iela 24 - 32.
Financial results
Revenue in 2025 was 48 773 €, up 5,1% on the previous year (46 395 €). 2025 ended with a loss of 5507 €. The company made a loss in all 11 published years. In 2025 the company had 1 employees. Revenue per employee was 48 773 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (70%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-234 179 €).
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.