BAO sistēmas ASActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 296 000 € (45% 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 statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 276 055 | 154 057 | 143 382 | 265 518 | 267 482 | 62 156 | 109 228 |
| Total non-current assets | 350 535 | 350 535 | 468 135 | 595 535 | 595 535 | 595 535 | 635 055 |
| Total assets | 626 590 | 504 592 | 611 517 | 861 053 | 863 017 | 657 691 | 744 283 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 35 350 | 650 | 50 | 250 350 | 250 232 | 182 | 232 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 35 350 | 650 | 50 | 250 350 | 250 232 | 182 | 232 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | 231 498 | 132 703 | 107 525 | -764 | 2082 | 234 723 | 382 542 |
| Total equity | 591 240 | 503 942 | 611 467 | 610 703 | 612 785 | 657 509 | 744 051 |
| Income statement | |||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | -300 | -600 | -600 | -600 | -662 | -1106 | -1086 |
| Profit before income tax | 231 548 | 132 753 | 107 575 | -714 | 2132 | 394 773 | 382 592 |
| Profit for the reporting year | 231 498 | 132 703 | 107 525 | -764 | 2082 | 234 723 | 382 542 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 220 001 | 0 | 0 | 0 | 189 999 | 296 000 |
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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Related companies
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Summary: BAO sistēmas AS
Overview
BAO sistēmas AS (reg. no. 40203170253) is a joint-stock company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Olaines nov., Olaine, Celtnieku iela 3A.
Financial results
There was no revenue in 2025. Net profit for 2025 was 382 542 €. The company was profitable in 6 of the 7 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 744 283 € and equity 744 051 € (100,0% of assets).
Management and owners
The company has one board member. The company holds stakes in 2 active Latvian companies.
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.