SIA "HEACO Baltic"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 2848 | 569 301 | 933 968 | 1 093 698 | 869 766 | 905 613 | 1 187 505 | 1 225 750 | 1 228 093 | 857 626 | 832 763 |
| Total non-current assets | 0 | 13 872 | 65 126 | 94 389 | 528 835 | 463 067 | 183 709 | 254 059 | 118 386 | 9168 | 3686 |
| Total assets | 2848 | 583 173 | 999 094 | 1 188 087 | 1 398 601 | 1 368 680 | 1 371 214 | 1 479 809 | 1 346 479 | 866 794 | 836 449 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 793 | 109 198 | 76 433 | 98 312 | 37 470 | 85 665 | 81 705 | 180 957 | 33 081 | 35 652 | 23 095 |
| Non-current liabilities | 0 | 516 719 | 848 118 | 1 002 575 | 1 250 747 | 1 106 795 | 1 106 795 | 1 106 795 | 1 280 730 | 899 710 | 912 635 |
| Total liabilities | 793 | 625 917 | 924 551 | 1 100 887 | 1 288 217 | 1 192 460 | 1 188 500 | 1 287 752 | 1 313 811 | 935 362 | 935 730 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -945 | -44 799 | 117 287 | 12 657 | 44 862 | 65 836 | 6494 | 46 239 | -140 869 | -101 236 | -30 713 |
| Total equity | 2055 | -42 744 | 74 543 | 87 200 | 110 384 | 176 220 | 182 714 | 192 057 | 32 668 | -68 568 | -99 281 |
| Income statement | |||||||||||
| Sales revenue | 0 | 84 403 | 790 205 | 1 040 020 | 1 286 506 | 225 770 | 333 742 | 3000 | 134 216 | 378 000 | 9148 |
| Operating profit | -945 | -44 799 | 132 310 | 14 149 | 17 021 | -22 127 | -61 261 | -45 207 | -162 960 | -104 740 | -32 491 |
| Profit before income tax | -945 | -44 799 | 131 117 | 12 657 | 45 958 | 66 129 | 6494 | 55 513 | -136 239 | -101 236 | -30 713 |
| Profit for the reporting year | -945 | -44 799 | 117 287 | 12 657 | 44 862 | 65 836 | 6494 | 46 239 | -140 869 | -101 236 | -30 713 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 4 | 4 | 6 | 4 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 21 678 | 0 | 0 | 36 896 | 18 520 | 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 "HEACO Baltic"
Overview
SIA "HEACO Baltic" (reg. no. 40103952795) is a limited liability company. The company was registered in 2015 and has been in the register for 10 years. Registered address: Rīga, Dzelzavas iela 74 k-1 - 54.
Financial results
Revenue in 2025 was 9148 €, down 97,6% on the previous year (378 000 €). 2025 ended with a loss of 30 713 €. The company was profitable in 6 of the 11 published years. In 2025 the company had 1 employees. Revenue per employee was 9148 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (66,7%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-99 281 €).
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.