SIA "Baltspan"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 148 414 | 49 799 | 47 030 | 43 260 | 1538 | 1729 | 8018 | 2822 | 1170 | 5920 |
| Total non-current assets | 338 445 | 386 630 | 329 176 | 281 362 | 233 208 | 212 956 | 203 835 | 203 491 | 213 658 | 213 030 |
| Total assets | 486 859 | 436 429 | 376 206 | 324 622 | 234 746 | 214 685 | 211 853 | 206 313 | 214 828 | 218 950 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 9406 | 70 637 | 102 563 | 122 751 | 142 683 | 13 474 | 14 898 | 14 301 | 6206 | 17 338 |
| Non-current liabilities | 248 433 | 271 183 | 266 972 | 262 762 | 258 902 | 450 701 | 462 901 | 462 560 | 498 102 | 452 892 |
| Total liabilities | 257 839 | 341 820 | 369 535 | 385 513 | 401 585 | 464 175 | 477 799 | 476 861 | 504 308 | 470 230 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -70 980 | -134 411 | -77 282 | -67 562 | -104 834 | -82 651 | -16 456 | -4602 | -12 419 | 38 200 |
| Total equity | 229 020 | 94 609 | 6671 | -60 891 | -166 839 | -249 490 | -265 946 | -270 548 | -289 480 | -251 280 |
| Income statement | ||||||||||
| Sales revenue | 0 | 183 147 | 103 009 | 66 910 | 49 061 | 604 | 1250 | 0 | 0 | 0 |
| Operating profit | -56 356 | -101 101 | -47 265 | -67 562 | -104 834 | -82 601 | -16 406 | -4552 | -5659 | 45 545 |
| EBITDA | -52 735 | -68 607 | 3107 | -17 238 | -57 495 | -36 433 | -7284 | -4209 | -5602 | 45 545 |
| Profit before income tax | -70 980 | -134 411 | -77 282 | -67 562 | -104 834 | -82 601 | -16 406 | -4552 | -12 369 | 38 250 |
| Profit for the reporting year | -70 980 | -134 411 | -77 282 | -67 562 | -104 834 | -82 651 | -16 456 | -4602 | -12 419 | 38 200 |
| Labour costs | 4119 | 5643 | 1997 | 898 | 451 | 2 | 0 | 0 | 0 | 0 |
| Depreciation of non-current assets | 3621 | 32 494 | 50 372 | 50 324 | 47 339 | 46 168 | 9122 | 343 | 57 | 0 |
| Other indicators | ||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 10 656 | 0 | 0 | 0 | 0 | 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 "Baltspan"
Overview
SIA "Baltspan" (reg. no. 44103104224) is a limited liability company. The company was registered in 2015 and has been in the register for 10 years. Registered address: Cēsu nov., Cēsis, Ata Kronvalda iela 11.
Financial results
There was no revenue in 2025. Net profit for 2025 was 38 200 €. The company was profitable in 1 of the 10 published years. According to the report, the company had no employees in 2025.
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (49%) is held by SIA Future Farm.
Points to note
Equity was negative at the end of 2025 (-251 280 €).
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.