SIA X GROUPActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 15 500 € (2% 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 statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 76 065 | 183 398 | 800 912 | 2 109 620 | 2 749 637 |
| Total non-current assets | 272 347 | 520 905 | 533 455 | 828 179 | 1 810 175 |
| Total assets | 348 412 | 704 303 | 1 334 367 | 2 937 799 | 4 559 812 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 181 880 | 175 265 | 542 276 | 1 886 509 | 2 693 666 |
| Non-current liabilities | 163 680 | 197 367 | 160 598 | 99 036 | 218 724 |
| Total liabilities | 345 560 | 372 632 | 702 874 | 1 985 545 | 2 912 390 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -148 | 231 819 | 303 822 | 328 761 | 710 668 |
| Total equity | 2852 | 331 671 | 631 493 | 952 254 | 1 647 422 |
| Income statement | |||||
| Sales revenue | 272 012 | 4 282 619 | 7 050 634 | 8 512 884 | 16 110 835 |
| Operating profit | 447 | 238 562 | 336 328 | 382 212 | 792 820 |
| Profit before income tax | -141 | 231 819 | 305 029 | 330 996 | 714 543 |
| Profit for the reporting year | -148 | 231 819 | 303 822 | 328 761 | 710 668 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 5 | 8 | 10 | 13 | 18 |
| Calculated dividend | 0 | 0 | 4000 | 8000 | 15 500 |
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
- SIA X ESTATE — 100%
- SIA X GROUP ESTATE — 100%
Summary: SIA X GROUP
Overview
SIA X GROUP (reg. no. 40203313498) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Braslas iela 24.
Financial results
Revenue in 2025 was 16 110 835 €, up 89,3% on the previous year (8 512 884 €). From 2021 to 2025, revenue grew by an average of 177% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 710 668 € (4,4% of revenue). The company was profitable in 4 of the 5 published years. In 2025 the company had 18 employees (13 a year earlier). Revenue per employee was 895 046 €. At the end of 2025, total assets were 4 559 812 € and equity 1 647 422 € (36,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. 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.