MT Development SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 2410 | 152 126 | 1 579 745 |
| Total non-current assets | 0 | 0 | 8165 |
| Total assets | 2410 | 152 126 | 1 587 910 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 0 | 93 | 577 980 |
| Non-current liabilities | 50 | 0 | 259 751 |
| Total liabilities | 50 | 93 | 837 731 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -440 | -327 | -249 054 |
| Total equity | 2360 | 152 033 | 750 179 |
| Income statement | |||
| Sales revenue | 0 | 0 | 1 603 887 |
| Operating profit | -390 | -268 | -239 303 |
| Profit before income tax | -390 | -277 | -249 054 |
| Profit for the reporting year | -440 | -327 | -249 054 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 0 | 0 | 16 |
| 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: MT Development SIA
Overview
MT Development SIA (reg. no. 40203432593) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Vesetas iela 7.
Financial results
Revenue in 2025 was 1 603 887 €. 2025 ended with a loss of 249 054 €. The company made a loss in all 3 published years. In 2025 the company had 16 employees (0 a year earlier). Revenue per employee was 100 243 €. At the end of 2025, total assets were 1 587 910 € and equity 750 179 € (47,2% of assets).
Management and owners
The board has 2 members. The sole owner of the company is RRE TRADECENTERS HOLDING LIMITED.
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.