SIA "Baltic System Transport"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 326 537 | 334 777 | 322 481 | 197 347 | 260 970 | 350 968 | 260 909 | 403 281 | 311 690 | 273 619 | 85 255 | 52 079 | 52 041 | 32 167 | 270 867 | 555 162 |
| Total non-current assets | 162 562 | 201 776 | 180 972 | 300 690 | 387 033 | 333 027 | 297 894 | 68 305 | 66 375 | 64 446 | 353 719 | 577 119 | 458 605 | 976 863 | 923 102 | 744 020 |
| Total assets | 489 099 | 536 553 | 503 453 | 498 037 | 648 003 | 683 995 | 558 803 | 471 586 | 378 065 | 338 065 | 438 974 | 629 198 | 510 646 | 1 009 030 | 1 193 969 | 1 299 182 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 4153 | 36 563 | 8211 | 7972 | 46 776 | 40 933 | 154 470 | 62 903 | 3130 | 15 095 | 100 227 | 129 849 | 112 175 | 464 621 | 185 432 | 174 305 |
| Non-current liabilities | 0 | 11 738 | 8982 | 6067 | 4244 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 000 | 100 000 |
| Total liabilities | 4153 | 48 301 | 17 193 | 14 039 | 51 020 | 40 933 | 154 470 | 62 903 | 3130 | 15 095 | 100 227 | 129 849 | 112 175 | 464 621 | 285 432 | 274 305 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 44 971 | 3250 | -1908 | -2234 | 38 013 | 46 292 | 82 401 | 4350 | 54 435 | 2470 | 15 777 | 160 602 | 77 971 | 145 938 | 364 128 | 116 340 |
| Total equity | 484 070 | 487 320 | 485 412 | 483 178 | 595 441 | 641 733 | 404 333 | 408 683 | 374 935 | 322 970 | 338 747 | 499 349 | 398 471 | 544 409 | 908 537 | 1 024 877 |
| Income statement | ||||||||||||||||
| Sales revenue | 77 610 | 39 600 | 47 600 | 59 600 | 116 465 | 125 122 | 113 122 | 113 122 | 125 122 | 80 122 | 125 122 | 305 122 | 354 762 | 395 122 | 657 645 | 430 799 |
| Operating profit | 54 705 | 6119 | 1616 | 1208 | 48 342 | 57 891 | 88 358 | 4394 | 54 435 | 16 079 | 15 777 | 160 602 | 122 683 | 153 959 | 371 755 | 116 340 |
| Profit before income tax | 54 705 | 6047 | 961 | 761 | 47 875 | 57 621 | 88 276 | 4394 | 54 435 | 16 079 | 15 777 | 160 602 | 122 683 | 145 938 | 364 128 | 116 340 |
| Profit for the reporting year | 44 971 | 3250 | -1908 | -2234 | 38 013 | 46 292 | 82 401 | 4350 | 54 435 | 2470 | 15 777 | 160 602 | 77 971 | 145 938 | 364 128 | 116 340 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 319 801 | 0 | 88 183 | 54 435 | 0 | 0 | 178 849 | 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 "Baltic System Transport"
Overview
SIA "Baltic System Transport" (reg. no. 42103032017) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Liepāja, Brīvības iela 123.
Financial results
Revenue in 2025 was 430 799 €, down 34,5% on the previous year (657 645 €). From 2010 to 2025, revenue grew by an average of 12,1% per year. Net profit for 2025 was 116 340 € (27,0% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 3 employees. Revenue per employee was 143 600 €. At the end of 2025, total assets were 1 299 182 € and equity 1 024 877 € (78,9% of assets).
Management and owners
The board has 2 members. According to the register, the company has 4 owners. The largest stake (70%) is held by a private individual. The company holds a stake in one other active Latvian company.
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.