Burtis, VšĮ - financials and debts

Company age: 15 y. 5 mo.

Update

Burtis - 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 - - - - 17,235 1,208 1,243 1,861
Profit before tax - - - - -327 -860 -709 -91
Net profit - - - - -327 -860 -709 -91
Equity -2,975 -3,440 -4,632 -5,769 0 -6,957 -7,666 -7,758
Liabilities 11,752 11,533 11,617 12,015 12,015 12,015 12,015 12,026
Non-current assets 8,488 7,686 6,884 6,082 5,279 4,477 3,675 2,873
Current assets 289 407 101 164 639 581 674 1,395
Total assets 8,777 8,093 6,985 6,246 5,918 5,058 4,349 4,268
Financial indicators
Revenue change y/y - - - - - -93.0% +2.9% +49.7%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. - - - - -5.5% -17.0% -16.3% -2.1%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - - - - - - - -
Profit margin Net profit margin. Shows the overall profitability of the company. - - - - -1.9% -71.2% -57.0% -4.9%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - - - -1.9% -71.2% -57.0% -4.9%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - - - - - -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - - - - - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Burtis - Social security debts

The company had no debts to Sodra

Burtis - 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.
Burtis, VšI (code 302618678) is a Public Institution engaged in activities of sports clubs. In the latest financial year 2025, the company generated revenue of €1.9K, up 49.7% year on year and 54.1% over two years. Net profit remained negative at €91, but this was a clear improvement from a loss of €709 in 2024 and €860 in 2023, so the operating result moved closer to break-even. The 2025 profit margin was -4.9%, indicating that losses were small relative to turnover. Balance sheet size was modest, with total assets of €4.3K, including €2.9K in long-term assets and €1.4K in short-term assets. Equity stayed negative at €7.8K, while liabilities remained stable at €12.0K, showing a structurally leveraged position. Asset turnover was 0.44x, reflecting limited asset utilisation, while standard leverage ratios should be interpreted cautiously because of the negative equity base.