SIA "Baltic Waste & Energy Group"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2024–2025
| 2024 | 2025 | |
|---|---|---|
| Balance sheet — assets | ||
| Total current assets | 9 879 209 | 16 697 582 |
| Total non-current assets | 56 096 482 | 53 465 805 |
| Total assets | 65 975 691 | 70 163 387 |
| Balance sheet — liabilities and equity | ||
| Current liabilities | 6 377 939 | 5 845 276 |
| Non-current liabilities | 9 124 614 | 7 698 278 |
| Total liabilities | 15 502 553 | 13 543 554 |
| Share capital | — | — |
| Retained earnings of previous periods | — | — |
| Profit for the year | 1 316 943 | 6 343 431 |
| Total equity | 50 473 138 | 56 619 833 |
| Income statement | ||
| Sales revenue | 10 950 260 | 36 609 947 |
| Operating profit | 2 386 132 | 5 910 319 |
| Profit before income tax | 2 655 886 | 6 343 887 |
| Profit for the reporting year | 1 316 943 | 6 343 431 |
| Labour costs | — | — |
| Depreciation of non-current assets | — | — |
| Other indicators | ||
| Employees | 126 | 160 |
| 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 "Baltic Waste & Energy Group"
Overview
SIA "Baltic Waste & Energy Group" (reg. no. 40203574371) is a limited liability company. The company was registered in 2024 and has been in the register for 2 years. Registered address: Rīga, Latgales iela 257.
Financial results
Revenue in 2025 was 36 609 947 €, up 234% on the previous year (10 950 260 €). Net profit for 2025 was 6 343 431 € (17,3% of revenue). In 2025 the company had 160 employees (126 a year earlier). Revenue per employee was 228 812 €. At the end of 2025, total assets were 70 163 387 € and equity 56 619 833 € (80,7% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Advantica OU. The company holds stakes in 7 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.