SIA "BITEX"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 96 001 € (8% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
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 | 483 | 12 148 | 49 610 | 69 578 | 100 761 | 180 172 | 250 483 | 343 902 | 379 802 | 448 852 | 440 450 | 639 650 | 802 164 | 747 967 | 821 721 | 667 999 |
| Total non-current assets | 0 | 5700 | 16 547 | 46 914 | 107 395 | 130 113 | 251 611 | 415 884 | 877 113 | 1 167 353 | 1 595 804 | 1 832 546 | 1 892 289 | 2 261 764 | 2 420 616 | 2 160 912 |
| Total assets | 483 | 17 848 | 66 157 | 116 492 | 208 156 | 310 285 | 502 094 | 759 786 | 1 256 915 | 1 616 205 | 2 036 254 | 2 472 196 | 2 694 453 | 3 009 731 | 3 242 337 | 2 828 911 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 0 | 5134 | 129 | 20 307 | 28 707 | 60 245 | 80 181 | 88 462 | 298 643 | 305 062 | 276 164 | 311 437 | 374 395 | 401 091 | 741 483 | 727 222 |
| Non-current liabilities | 103 | 0 | 7120 | 12 644 | 12 860 | 46 886 | 97 846 | 146 716 | 290 125 | 525 040 | 755 140 | 904 374 | 861 589 | 1 148 540 | 1 325 532 | 1 062 466 |
| Total liabilities | 103 | 5134 | 7249 | 32 951 | 41 567 | 107 131 | 178 027 | 235 178 | 588 768 | 830 102 | 1 031 304 | 1 215 811 | 1 235 984 | 1 549 631 | 2 067 015 | 1 789 688 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 277 | 8742 | 44 799 | 24 577 | 47 866 | 36 357 | 121 495 | 200 541 | 143 539 | 173 511 | 218 847 | 264 784 | 202 084 | 76 631 | -235 778 | -40 098 |
| Total equity | 380 | 12 035 | 58 824 | 83 401 | 166 216 | 202 572 | 324 067 | 524 608 | 668 147 | 786 103 | 1 004 950 | 1 256 385 | 1 458 469 | 1 460 100 | 1 175 322 | 1 039 223 |
| Income statement | ||||||||||||||||
| Sales revenue | 480 | 24 293 | 14 637 | 17 208 | 69 793 | 98 863 | 121 695 | 259 840 | 425 294 | 654 599 | 807 543 | 692 440 | 1 119 815 | 794 676 | 375 992 | 520 019 |
| Operating profit | 370 | 14 086 | 45 504 | 25 004 | 48 877 | 38 263 | 125 016 | 208 146 | 154 006 | 191 573 | 245 052 | 295 233 | 229 842 | 137 335 | -162 297 | 31 620 |
| Profit before income tax | 370 | 13 848 | 44 799 | 24 577 | 47 866 | 36 357 | 121 495 | 200 541 | 143 539 | 173 529 | 218 847 | 268 122 | 202 099 | 76 656 | -235 575 | -40 098 |
| Profit for the reporting year | 277 | 8742 | 44 799 | 24 577 | 47 866 | 36 357 | 121 495 | 200 541 | 143 539 | 173 511 | 218 847 | 264 784 | 202 084 | 76 631 | -235 778 | -40 098 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 1 | 4 | 1 | 1 | 2 | 3 | 3 | 3 | 6 | 7 | 7 | 8 | 10 | 9 | 8 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55 555 | 0 | 13 349 | 0 | 75 000 | 49 000 | 96 001 |
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 "BITEX"
Overview
SIA "BITEX" (reg. no. 42103052687) is a limited liability company. The company was registered in 2010 and has been in the register for 15 years. Registered address: Dienvidkurzemes nov., Vērgales pag., "Mazgrāveri".
Financial results
Revenue in 2025 was 520 019 €, up 38,3% on the previous year (375 992 €). From 2010 to 2025, revenue grew by an average of 59,3% per year. 2025 ended with a loss of 40 098 €. The company was profitable in 14 of the 16 published years. In 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 74 288 €. At the end of 2025, total assets were 2 828 911 € and equity 1 039 223 € (36,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.