SIA "Development Latvia 01 Limited"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 2728 | 58 163 | 93 654 |
| Total non-current assets | 0 | 0 | 0 |
| Total assets | 2728 | 58 163 | 93 654 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 0 | 57 307 | 63 951 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 0 | 57 307 | 63 951 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -117 | -1872 | 28 847 |
| Total equity | 2728 | 856 | 29 703 |
| Income statement | |||
| Sales revenue | 0 | 3662 | 51 141 |
| Operating profit | -117 | -1787 | 30 568 |
| Profit before income tax | -117 | -1822 | 29 157 |
| Profit for the reporting year | -117 | -1872 | 28 847 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 0 | 0 | 0 |
| Calculated dividend | — | 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 "Development Latvia 01 Limited"
Overview
SIA "Development Latvia 01 Limited" (reg. no. 40203429131) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Tērbatas iela 14 - 2.
Financial results
Revenue in 2025 was 51 141 €, up 1297% on the previous year (3662 €). Net profit for 2025 was 28 847 € (56,4% of revenue). The company was profitable in 1 of the 3 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 93 654 € and equity 29 703 € (31,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is IWG Group Holdings S.a r.l..
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.