Company finances
|
EUR
|
2019
From: 2019-02-26
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 | - | - | - | 0 | 0 | 41,034 | 41,550 |
| Profit before tax | - | - | - | 0 | 0 | 36,558 | 488 |
| Net profit | - | - | - | 0 | 0 | 36,155 | 453 |
| Equity | 0 | 0 | 0 | 0 | 0 | 36,155 | 36,608 |
| Liabilities | - | - | - | - | - | 480 | 9,490 |
| Non-current assets | - | - | - | - | - | 0 | 0 |
| Current assets | - | - | - | - | - | 36,635 | 46,192 |
| Total assets | 0 | 0 | 0 | 0 | 0 | 36,635 | 46,192 |
|
Taxes paid
|
|||||||
| STI taxes | - | - | - | - | - | - | 309 |
|
Financial indicators
|
|||||||
| Revenue change y/y | - | - | - | - | - | - | +1.3% |
| ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. | - | - | - | - | - | 98.7% | 1.0% |
| ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. | - | - | - | - | - | 100.0% | 1.2% |
| Profit margin Net profit margin. Shows the overall profitability of the company. | - | - | - | - | - | 88.1% | 1.1% |
| EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. | - | - | - | - | - | 89.1% | 1.2% |
| Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. | - | - | - | - | - | 0.0 | 0.3 |
| Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. | - | - | - | - | - | - | - |
Sales revenue
See Scoris data in Google Search
Mark Scoris as a favorite source. One click, no registration.
Social security debts
The company had no debts to Sodra
VMI tax arrears
| From | To | Overdue, € |
|---|---|---|
| 2026-06-01 | 2026-06-02 | 57.01 |
| 2026-05-31 | 2026-05-31 | 49.97 |
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.
INNOVATION WORLD NETWORK (code 305051927) is a Lithuanian Association engaged in activities of other membership organisations n.e.c. In 2025, the company generated revenue of €41.5K, up 1.3% year on year from €41.0K in 2024. Net profit for 2025 was €453, compared with €36.2K a year earlier, indicating a marked decline in profitability despite broadly stable turnover. The profit margin narrowed from 88.1% in 2024 to 1.1% in 2025, showing that operating results became much more modest in the latest financial year. Over the two-year period, revenue remained relatively stable, while profit moved from a very strong level in 2024 to a minimal level in 2025. At the end of 2025, total assets stood at €46.2K, equity at €36.6K, and liabilities at €9.5K. The balance sheet remained equity-heavy, with an equity ratio of 79.2% and debt-to-equity of 0.26. Return on equity was 1.2%, return on assets 1.0%, and asset turnover 0.90x, reflecting moderate efficiency in using assets to generate revenue.