Western Baltic Engineering - Company finances
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EUR
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2018
From: 2018-01-01
To: 2018-12-31
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2019
From: 2019-01-01
To: 2019-12-31
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2020
From: 2020-01-01
To: 2020-12-31
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2021
From: 2021-01-01
To: 2021-12-31
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2022
From: 2022-01-01
To: 2022-12-31
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2023
From: 2023-01-01
To: 2023-12-31
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2024
From: 2024-01-01
To: 2024-12-31
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2025
From: 2025-01-01
To: 2025-12-31
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|---|---|---|---|---|---|---|---|---|
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Financial data
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| Sales revenue | 4,349,998 | 4,512,843 | 4,732,966 | 3,482,607 | 5,545,580 | 5,897,310 | 7,117,430 | 8,760,306 |
| Profit before tax | 805,119 | 919,267 | 676,042 | 70,029 | 74,322 | 59,662 | -49,143 | -529,610 |
| Net profit | 738,031 | 772,885 | 577,450 | 129,627 | 56,829 | 254,077 | -60,291 | -619,955 |
| Equity | 741,217 | 776,071 | 580,636 | 132,813 | 60,015 | 257,263 | -57,105 | -677,060 |
| Liabilities | 481,667 | 685,543 | 1,015,196 | 2,296,197 | 2,942,574 | 4,646,504 | 7,414,240 | 7,434,162 |
| Non-current assets | 141,152 | 78,888 | 119,100 | 805,980 | 780,026 | 622,526 | 403,213 | 197,262 |
| Current assets | 1,081,670 | 1,370,712 | 1,003,443 | 1,450,629 | 1,219,424 | 3,233,077 | 3,412,962 | 3,065,097 |
| Total assets | 1,222,822 | 1,449,600 | 1,122,543 | 2,256,609 | 1,999,450 | 3,855,603 | 3,816,175 | 3,262,359 |
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Taxes paid
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| STI taxes | - | - | - | - | - | 656,370 | 708,707 | 1,066,124 |
| Social insurance contributions | - | - | - | - | - | 816,866 | 935,882 | 1,124,409 |
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Financial indicators
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| Revenue change y/y | +36.7% | +3.7% | +4.9% | -26.4% | +59.2% | +6.3% | +20.7% | +23.1% |
| ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. | 60.4% | 53.3% | 51.4% | 5.7% | 2.8% | 6.6% | -1.6% | -19.0% |
| ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. | 99.6% | 99.6% | 99.5% | 97.6% | 94.7% | 98.8% | - | - |
| Profit margin Net profit margin. Shows the overall profitability of the company. | 17.0% | 17.1% | 12.2% | 3.7% | 1.0% | 4.3% | -0.8% | -7.1% |
| EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. | 18.5% | 20.4% | 14.3% | 2.0% | 1.3% | 1.0% | -0.7% | -6.0% |
| Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. | 0.6 | 0.9 | 1.7 | 17.3 | 49.0 | 18.1 | - | - |
| Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. | 52,044 | 51,234 | 47,929 | 35,327 | 57,073 | 58,149 | 71,293 | 84,301 |
Sales revenue
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Western Baltic Engineering - Social security debts
| From | To | Debt, € |
|---|---|---|
| 2026-07-23 | 2026-07-23 | 7106.19 |
| 2026-07-19 | 2026-07-22 | 6728.22 |
| 2026-07-16 | 2026-07-17 | 89228.22 |
| 2026-05-17 | 2026-05-21 | 94423.25 |
| 2026-04-20 | 2026-04-22 | 95941.79 |
| 2024-04-16 | 2024-05-08 | 47.60 |
Western Baltic Engineering - VMI tax arrears
The company had no tax arrears (debts) to the State Tax Inspectorate
VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.
Analysis of the company's financial position
This description was generated by artificial intelligence.
Report if inaccurate.
Western Baltic Engineering, UAB (code 142174791) is a Private Limited Liability Company engaged in engineering design and construction activities. In 2025, revenue increased to €8.76M, up 23.1% year on year and 48.5% over two years, extending a clear growth trend from €5.90M in 2023 and €7.12M in 2024. However, profitability weakened materially: net profit moved from €254.1K in 2023 to a loss of €60.3K in 2024 and €620.0K in 2025, with the profit margin falling to -7.1% in the latest year. The balance sheet also deteriorated, as equity turned negative in 2024 and fell further to -€677.1K in 2025, while liabilities remained high at €7.43M. Total assets declined to €3.26M from €3.86M in 2023, with short-term assets making up most of the asset base. Asset turnover was 2.69x in 2025, and revenue per employee was €85.1K, indicating solid scale in operations despite the loss-making result.