SIA "Railway Motion Systems"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 85 216 | 262 075 | 209 117 | 150 531 |
| Total non-current assets | 785 365 | 873 360 | 1 199 273 | 1 228 674 |
| Total assets | 870 581 | 1 135 435 | 1 408 390 | 1 379 205 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 34 044 | 33 671 | 110 714 | 186 881 |
| Non-current liabilities | 1 013 875 | 1 843 447 | 3 050 000 | 3 678 891 |
| Total liabilities | 1 047 919 | 1 877 118 | 3 160 714 | 3 865 772 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | -180 138 | -564 345 | -1 010 641 | -734 243 |
| Total equity | -177 338 | -741 683 | -1 752 324 | -2 486 567 |
| Income statement | ||||
| Sales revenue | 850 | 109 800 | 375 | 345 296 |
| Operating profit | -166 243 | -559 973 | -895 008 | -626 359 |
| Profit before income tax | -180 118 | -563 500 | -987 596 | -712 666 |
| Profit for the reporting year | -180 138 | -564 345 | -1 010 641 | -734 243 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 2 | 8 | 13 | 12 |
| Calculated dividend | — | 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 "Railway Motion Systems"
Overview
SIA "Railway Motion Systems" (reg. no. 40203372595) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Gustava Zemgala gatve 77 k-2.
Financial results
Revenue in 2025 was 345 296 €, up 91 979% on the previous year (375 €). From 2022 to 2025, revenue grew by an average of 641% per year. This is the company's highest revenue among the published years (2022–2025). 2025 ended with a loss of 734 243 €. The company made a loss in all 4 published years. In 2025 the company had 12 employees (13 a year earlier). Revenue per employee was 28 775 €.
Management and owners
According to the register, the company has 7 owners. The largest stake (25%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-2 486 567 €).
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.