SIA "Flex BI"Active

40203021416Limited liability companyFounded 2016

Key figures

291 464 €+21,8%
Revenue 2025
+18,0%
Average annual growth 2017–2025
0100 k200 k300 k’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k’17’18’19’20’21’22’23’24’25
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets22 94419 62513 09311 88121 71321 83660 58325 03533 089
Total non-current assets713311197512765771460708023 841
Total assets23 65719 93615 06813 15722 29023 29661 29125 03556 930
Balance sheet — liabilities and equity
Current liabilities24 46039 25253 65663 46665 92057 878115 362103 457137 651
Non-current liabilities000000000
Total liabilities24 46039 25253 65663 46665 92057 878115 362103 457137 651
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year-40 803-18 513-19 272-11 7216679904838 971-24 351-2299
Total equity-803-19 316-38 588-50 309-43 630-34 582-54 071-78 422-80 721
Income statement
Sales revenue77 40978 759119 222117 650152 846173 211205 398239 325291 464
Operating profit-40 803-18 513-19 272-11 7216679914939 510-24 188-2299
Profit before income tax-40 803-18 513-19 272-11 7216679914939 188-24 188-2299
Profit for the reporting year-40 803-18 513-19 272-11 7216679904838 971-24 351-2299
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees344266566
Calculated dividend—00000000

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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42,01%25%22,99%10%SIA "Flex BI"4Kvalbergs Elvis2Simanovskis Raimonds1Ševčenko KristofersKvalberga Dace
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "Flex BI"

Overview

SIA "Flex BI" (reg. no. 40203021416) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Dzirnavu iela 67.

Financial results

Revenue in 2025 was 291 464 €, up 21,8% on the previous year (239 325 €). From 2017 to 2025, revenue grew by an average of 18,0% per year. This is the company's highest revenue among the published years (2017–2025). 2025 ended with a loss of 2299 €. The company was profitable in 3 of the 9 published years. In 2025 the company had 6 employees. Revenue per employee was 48 577 €.

Management and owners

The board has 4 members. According to the register, the company has 4 owners. The largest stake (42%) is held by a private individual.

Points to note

Equity was negative at the end of 2025 (-80 721 €).

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.