Bitės, VšĮ - financials and debts

Company age: 10 y. 0 mo.

Update

Merginų futbolo akademija Bitės - 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 - 10,300 10,844 27,200 49,360 65,044 108,571 193,228
Profit before tax - - - - 0 0 0 0
Net profit - - - - 0 0 0 0
Equity 1,170 579 579 -105 -105 -105 -105 300
Liabilities 0 0 0 4,429 1,543 3,527 5,901 3,719
Non-current assets 0 492 854 2,644 1,683 5,342 7,784 6,289
Current assets 1,290 87 1,033 1,680 518 607 2,902 6,929
Total assets 1,290 579 1,887 4,324 2,201 5,949 10,686 13,218
Taxes paid
STI taxes - - - - - 2,045 992 -
Financial indicators
Revenue change y/y - - +5.3% +150.8% +81.5% +31.8% +66.9% +78.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. - - - - 0.0% 0.0% 0.0% 0.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - - - - - - - 0.0%
Profit margin Net profit margin. Shows the overall profitability of the company. - - - - 0.0% 0.0% 0.0% 0.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - - - 0.0% 0.0% 0.0% 0.0%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - - - - - 12.4
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - - 27,200 49,360 65,044 108,571 193,228

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Merginų futbolo akademija Bitės - Social security debts

The company had no debts to Sodra

Merginų futbolo akademija Bitės - 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.
Bites, VšI (code 304398946) is a Public Institution engaged in activities of sports clubs. In 2025, it generated revenue of €193.2K, up from €108.6K in 2024 and €65.0K in 2023, showing strong year-on-year growth of 78.0% and cumulative two-year growth of 197.1%. The business expanded its asset base to €13.2K in 2025 from €10.7K a year earlier and €5.9K in 2023. At the same time, liabilities decreased to €3.7K from €5.9K in 2024, while equity improved to €300 after being negative in the previous two years. This leaves the company with a very small equity base and relatively high leverage. Long-term assets amounted to €6.3K and short-term assets to €6.9K in 2025. Key indicators for 2025 show an equity ratio of 2.3%, debt-to-equity of 12.40, and asset turnover of 14.62x. Revenue per employee was €193.2K.