Simple IT Group, MB - financials and debts

Company age: 16 y. 7 mo.

Update

Simple IT Group - Company finances

EUR
2018
From: 2018-01-01
To: 2018-12-31
2019
From: 2019-01-01
To: 2019-12-31
2020
From: 2020-01-01
To: 2020-12-31
2021
From: 2021-01-01
To: 2021-12-31
2022
From: 2022-01-01
To: 2022-12-31
2023
From: 2023-01-01
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 84,056 83,570 54,871 20,188 23,440 30,706 63,562 64,887
Profit before tax 7,374 600 251 503 5,120 11,738 3,295 -985
Net profit 6,448 510 211 478 4,864 11,151 3,130 -985
Equity 31,274 31,784 31,995 32,473 17,337 18,488 6,618 6,155
Liabilities 3,090 2,240 2,208 -2,044 -1,214 3,081 1,656 38,114
Non-current assets 1,859 4,375 4,976 4,017 3,828 2,224 2,307 37,321
Current assets 32,505 29,649 29,227 26,412 12,295 19,345 4,942 10,504
Total assets 34,364 34,024 34,203 30,429 16,123 21,569 7,249 47,825
Taxes paid
STI taxes - - - - - 5,367 11,807 3,441
Financial indicators
Revenue change y/y -8.5% -0.6% -34.3% -63.2% +16.1% +31.0% +107.0% +2.1%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 18.8% 1.5% 0.6% 1.6% 30.2% 51.7% 43.2% -2.1%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 20.6% 1.6% 0.7% 1.5% 28.1% 60.3% 47.3% -16.0%
Profit margin Net profit margin. Shows the overall profitability of the company. 7.7% 0.6% 0.4% 2.4% 20.8% 36.3% 4.9% -1.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 8.8% 0.7% 0.5% 2.5% 21.8% 38.2% 5.2% -1.5%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.1 0.1 0.1 - - 0.2 0.3 6.2
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 21,014 19,286 18,290 9,690 11,720 16,749 63,562 -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Simple IT Group - Social security debts

The company had no debts to Sodra

Simple IT Group - VMI tax arrears

From To Overdue, €
2025-03-28 2025-04-25 0.14
2025-03-20 2025-03-24 0.14
2025-03-07 2025-03-15 0.14
2025-03-06 2025-03-06 27.02
2025-02-28 2025-03-05 0.02
2024-12-30 2024-12-30 1441.97

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.
Simple IT Group, MB (company code 302478297) is a Lithuanian small partnership engaged in other computer programming activities. In 2025, revenue reached €64.9K, up 2.1% year on year and 111.3% compared with 2023. Despite the higher turnover, profitability weakened: net profit turned to a loss of €985 in 2025, after €3.1K in 2024 and €11.2K in 2023. The 2025 profit margin was -1.5%, indicating that growth in sales did not translate into bottom-line earnings. The balance sheet expanded significantly in 2025, with total assets rising to €47.8K from €7.2K in 2024, mainly driven by long-term assets of €37.3K. Equity stood at €6.2K, while liabilities increased to €38.1K, resulting in a debt-to-equity ratio of 6.19 and an equity ratio of 12.9%. Return on equity was -16.0% and return on assets -2.1%, reflecting the loss-making year. Asset turnover was 1.36x, showing a relatively active use of assets against revenue generated.