SIA "Berlitz Language Services Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 4641 | 69 | 2248 | 18 | 9012 | 11 615 |
| Total non-current assets | 1911 | 1185 | 459 | 0 | 0 | 0 |
| Total assets | 6552 | 1254 | 2707 | 18 | 9012 | 11 615 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 80 939 | 151 579 | 142 947 | 12 430 | 2988 | 9419 |
| Non-current liabilities | 0 | 0 | 0 | 131 307 | 147 778 | 163 466 |
| Total liabilities | 80 939 | 151 579 | 142 947 | 143 737 | 150 766 | 172 885 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -77 187 | -75 938 | 10 085 | -3479 | 1965 | -12 176 |
| Total equity | -74 387 | -150 325 | -140 240 | -143 719 | -141 754 | -161 270 |
| Income statement | ||||||
| Sales revenue | 28 124 | 38 796 | 25 695 | 4723 | 15 638 | 7340 |
| Operating profit | -77 161 | -75 838 | 10 085 | -3479 | 2015 | -12 126 |
| Profit before income tax | -77 161 | -75 838 | 10 085 | -3479 | 2015 | -12 126 |
| Profit for the reporting year | -77 187 | -75 938 | 10 085 | -3479 | 1965 | -12 176 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 1 | 2 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 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 "Berlitz Language Services Latvia"
Overview
SIA "Berlitz Language Services Latvia" (reg. no. 40203225886) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Pils iela 11.
Financial results
Revenue in 2025 was 7340 €, down 53,1% on the previous year (15 638 €). From 2020 to 2025, revenue declined by an average of 23,6% per year. 2025 ended with a loss of 12 176 €. The company was profitable in 2 of the 6 published years. According to the report, the company had no employees in 2025.
Management and owners
The company has one board member. The sole owner of the company is Northsun Education Group S.R..
Points to note
Equity was negative at the end of 2025 (-161 270 €).
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.