SIA "Balancing Service"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 223 746 | 195 159 | 196 608 | 206 409 | 256 881 |
| Profit for the reporting year | 78 400 | 33 970 | 29 524 | 15 868 | 52 908 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 95 350 | 87 795 | 116 225 | 126 399 | 178 482 |
| Total liabilities | 17 004 | 15 478 | 14 385 | 8691 | 7866 |
| Total equity | 78 346 | 72 317 | 101 840 | 117 708 | 170 616 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | 0 | 39 999 | 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 "Balancing Service"
Overview
SIA "Balancing Service" (reg. no. 44103058832) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Valmieras nov., Valmiera, Rūpniecības iela 34 - 46.
Financial results
Revenue in 2025 was 256 881 €, up 24,5% on the previous year (206 409 €). From 2010 to 2025, revenue grew by an average of 25,8% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 52 908 € (20,6% of revenue). The company was profitable in 12 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 128 441 €. At the end of 2025, total assets were 178 482 € and equity 170 616 € (95,6% 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.