CARGO PROJECT, UAB - financials and debts

Company age: 8 y. 6 mo.

Update

CARGO PROJECT - Company finances

EUR
2018
From: 2018-03-29
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 35,779 70,435 61,957 182,150 99,426 34,222 46,996 57,700
Profit before tax -4,220 -4,378 -58 -5,345 -15,932 -12,505 -10,656 -5,532
Net profit -4,220 -4,378 -58 -5,345 -15,932 -12,505 -10,656 -5,532
Equity 4,780 402 344 -5,001 -20,933 -33,438 -44,095 -49,627
Liabilities 44,572 49,493 53,526 55,757 44,169 43,550 45,675 60,557
Non-current assets 28,704 21,577 14,450 7,324 3,167 3,167 3,167 3,167
Current assets 19,633 21,320 28,354 35,285 19,373 6,246 -2,103 7,763
Total assets 48,337 42,897 42,804 42,609 22,540 9,413 1,064 10,930
Taxes paid
STI taxes - - - - - 4,115 6,880 9,561
Social insurance contributions - - - - - - - 3,473
Financial indicators
Revenue change y/y - +96.9% -12.0% +194.0% -45.4% -65.6% +37.3% +22.8%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -8.7% -10.2% -0.1% -12.5% -70.7% -132.8% -1001.5% -50.6%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. -88.3% -1089.1% -16.9% - - - - -
Profit margin Net profit margin. Shows the overall profitability of the company. -11.8% -6.2% -0.1% -2.9% -16.0% -36.5% -22.7% -9.6%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -11.8% -6.2% -0.1% -2.9% -16.0% -36.5% -22.7% -9.6%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 9.3 123.1 155.6 - - - - -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 10,018 17,983 15,489 45,538 27,747 11,407 13,115 15,387

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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CARGO PROJECT - Social security debts

From To Debt, €
2026-08-19 2026-08-19 0.07
2026-07-23 2026-08-11 0.07
2026-06-16 2026-06-18 63.08
2026-06-11 2026-06-11 0.01
2026-05-17 2026-06-08 0.01
2026-05-03 2026-05-11 0.01
2026-04-24 2026-04-29 0.01
2026-01-21 2026-01-25 38.75
2026-01-16 2026-01-20 38.61
2025-12-16 2025-12-28 38.61
2025-11-18 2025-11-30 0.32
2025-07-16 2025-07-16 575.55

CARGO PROJECT - 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.
CARGO PROJECT, UAB (code 304814914) is a Private Limited Liability Company engaged in freight transport by road. In 2025, the company generated revenue of €57.7K, up 22.8% year on year and 68.6% over two years. Profitability remained negative, but the net loss narrowed to €5.5K from €10.7K in 2024 and €12.5K in 2023, which reduced the profit margin to -9.6% in 2025 from -22.7% and -36.5% in the prior years. The balance sheet remained pressured by negative equity, which stood at -€49.6K at the end of 2025, while liabilities increased to €60.6K and total assets amounted to €10.9K. Across 2023–2025, revenue rose steadily, while losses gradually decreased. Asset turnover was 5.28x in 2025, indicating that assets were used intensively to generate sales. Revenue per employee was €19.2K, while profit per employee was -€1.8K. Overall, the latest year shows growth in turnover alongside continued operating losses and a weak equity position.