SIA "European Academy"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 116 905 € (70% 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 statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 2761 | 2180 | 10 749 | 20 914 | 27 737 | 58 226 | 97 635 | 241 619 | 60 754 | 212 580 | 185 160 |
| Total non-current assets | 0 | 0 | 0 | 0 | 1825 | 1634 | 1089 | 310 | 0 | 0 | 23 440 |
| Total assets | 2761 | 2180 | 10 749 | 20 914 | 29 562 | 59 860 | 98 724 | 241 929 | 60 754 | 212 580 | 208 600 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 0 | 108 | 14 092 | 13 630 | 5343 | 32 904 | 12 256 | 33 428 | 45 576 | 44 886 | 61 510 |
| Non-current liabilities | 50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 50 | 108 | 14 092 | 13 630 | 5343 | 32 904 | 12 256 | 33 428 | 45 576 | 44 886 | 61 510 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -89 | -689 | -5495 | 10 627 | 16 935 | 2737 | 83 668 | 205 701 | -64 417 | 156 516 | 96 301 |
| Total equity | 2711 | 2072 | -3343 | 7284 | 24 219 | 26 956 | 86 468 | 208 501 | 15 178 | 167 694 | 147 090 |
| Income statement | |||||||||||
| Sales revenue | 0 | 0 | 4470 | 193 562 | 277 412 | 54 945 | 353 474 | 507 894 | 609 032 | 441 366 | 477 618 |
| Operating profit | -39 | -689 | -5495 | 10 627 | 16 935 | 2737 | 118 594 | 228 755 | -32 190 | 195 535 | 242 432 |
| Profit before income tax | -39 | -689 | -5495 | 10 627 | 16 935 | 2737 | 118 594 | 228 755 | -32 190 | 195 535 | 242 432 |
| Profit for the reporting year | -89 | -689 | -5495 | 10 627 | 16 935 | 2737 | 83 668 | 205 701 | -64 417 | 156 516 | 96 301 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 0 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 24 156 | 83 668 | 128 906 | 4000 | 116 905 |
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 "European Academy"
Overview
SIA "European Academy" (reg. no. 40103899189) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Liepājas iela 34.
Financial results
Revenue in 2025 was 477 618 €, up 8,2% on the previous year (441 366 €). Net profit for 2025 was 96 301 € (20,2% of revenue). The company was profitable in 7 of the 11 published years. In 2025 the company had 3 employees. Revenue per employee was 159 206 €. At the end of 2025, total assets were 208 600 € and equity 147 090 € (70,5% of assets).
Management and owners
The board has 2 members. 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.