SIA BALT WORK GROUPActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 737 | 736 | 606 | 26 936 | 91 100 | 238 022 | 138 163 | 169 311 |
| Total non-current assets | 0 | 0 | 0 | 179 | 3067 | 6983 | 14 126 | 17 443 |
| Total assets | 737 | 736 | 606 | 27 115 | 94 167 | 245 005 | 152 289 | 186 754 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 0 | 50 | 68 | 10 723 | 30 146 | 31 834 | 12 975 | 4133 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 0 | 50 | 68 | 10 723 | 30 146 | 31 834 | 12 975 | 4133 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 736 | -51 | -148 | 15 853 | 60 128 | 149 150 | -58 857 | 43 307 |
| Total equity | 737 | 686 | 538 | 16 392 | 64 021 | 213 171 | 139 314 | 182 621 |
| Income statement | ||||||||
| Sales revenue | 49 756 | 1594 | 83 | 56 674 | 575 801 | 940 671 | 711 200 | 562 034 |
| Operating profit | 736 | -1 | -95 | 15 853 | 60 128 | 149 150 | -55 107 | 43 307 |
| Profit before income tax | 736 | -1 | -98 | 15 853 | 60 128 | 149 150 | -55 107 | 43 307 |
| Profit for the reporting year | 736 | -51 | -148 | 15 853 | 60 128 | 149 150 | -58 857 | 43 307 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 0 | 0 | 1 | 7 | 7 | 1 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 12 499 | 0 | 15 000 | 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 BALT WORK GROUP
Overview
SIA BALT WORK GROUP (reg. no. 42403043185) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rēzekne, Viļānu iela 4A - 11.
Financial results
Revenue in 2025 was 562 034 €, down 21,0% on the previous year (711 200 €). From 2018 to 2025, revenue grew by an average of 41,4% per year. Net profit for 2025 was 43 307 € (7,7% of revenue). The company was profitable in 5 of the 8 published years. In 2025 the company had 3 employees (1 a year earlier). Revenue per employee was 187 345 €. At the end of 2025, total assets were 186 754 € and equity 182 621 € (97,8% 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.