SIA "Balens"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 2693 | 15 964 | 18 642 | 8113 | 60 038 | 124 479 | 31 638 | 89 856 | 201 142 |
| Total non-current assets | 1085 | 2200 | 1851 | 6907 | 6523 | 11 671 | 296 534 | 378 885 | 375 450 |
| Total assets | 3778 | 18 164 | 20 493 | 15 020 | 66 561 | 136 150 | 328 172 | 468 741 | 576 592 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 2133 | 3291 | 499 | 186 | 37 544 | 5597 | 7369 | 14 826 | 82 566 |
| Non-current liabilities | 1260 | 260 | 0 | 0 | 8844 | 10 688 | 213 259 | 280 604 | 260 065 |
| Total liabilities | 3393 | 3551 | 499 | 186 | 46 388 | 16 285 | 220 628 | 295 430 | 342 631 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 384 | 14 228 | 5381 | -5160 | 5339 | 99 692 | -12 321 | 65 768 | 60 649 |
| Total equity | 385 | 14 613 | 19 994 | 14 834 | 20 173 | 119 865 | 107 544 | 173 311 | 233 961 |
| Income statement | |||||||||
| Sales revenue | 3659 | 23 129 | 41 596 | 24 843 | 199 864 | 402 364 | 225 137 | 299 327 | 323 780 |
| Operating profit | 394 | 14 228 | 5382 | -5160 | 5339 | 99 692 | -9472 | 65 768 | 60 649 |
| EBITDA | 569 | 14 727 | 6409 | -3355 | 7769 | 102 038 | -1176 | 80 878 | 86 377 |
| Profit before income tax | 394 | 14 228 | 5381 | -5160 | 5339 | 99 692 | -12 321 | 65 768 | 60 649 |
| Profit for the reporting year | 384 | 14 228 | 5381 | -5160 | 5339 | 99 692 | -12 321 | 65 768 | 60 649 |
| Labour costs | 248 | 1529 | 2938 | 2455 | 3205 | 3072 | 9776 | 7042 | 30 224 |
| Depreciation of non-current assets | 175 | 499 | 1027 | 1805 | 2430 | 2346 | 8296 | 15 110 | 25 728 |
| Other indicators | |||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 3 | 3 |
| Calculated dividend | — | 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 "Balens"
Overview
SIA "Balens" (reg. no. 40203080956) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Jelgavas nov., Vircavas pag., "Beikas".
Financial results
Revenue in 2025 was 323 780 €, up 8,2% on the previous year (299 327 €). From 2017 to 2025, revenue grew by an average of 75,1% per year. Net profit for 2025 was 60 649 € (18,7% of revenue). The company was profitable in 7 of the 9 published years. In 2025 the company had 3 employees. Revenue per employee was 107 927 €. At the end of 2025, total assets were 576 592 € and equity 233 961 € (40,6% of assets).
Management and owners
The company has one board member. 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.