Devoteam Lithuania, UAB - financials and debts

Company age: 7 y. 5 mo.

Update

Devoteam Lithuania - Company finances

EUR
2019
From: 2019-05-17
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 558,347 1,514,699 2,282,277 1,998,909 3,657,043 3,433,461 4,186,888
Profit before tax 26,545 72,038 105,662 -1,896,025 -3,299,811 -2,997,039 -3,147,490
Net profit 21,271 59,111 99,423 -1,895,887 -3,299,592 -2,996,995 -3,147,438
Equity 26,271 85,382 184,805 -1,711,082 -3,297,092 2,205,913 -941,525
Liabilities 153,977 155,003 559,884 3,087,432 5,064,564 1,542,207 6,418,894
Non-current assets 16,217 12,945 556,059 1,220,837 2,022,635 3,568,608 5,224,322
Current assets 172,299 212,021 436,971 696,059 555,572 663,845 600,441
Total assets 188,516 224,966 993,030 1,916,896 2,578,207 4,232,453 5,824,763
Taxes paid
STI taxes - - - - 672,512 959,779 1,199,515
Social insurance contributions - - - - 923,243 1,185,230 1,276,406
Financial indicators
Revenue change y/y - +171.3% +50.7% -12.4% +83.0% -6.1% +21.9%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 11.3% 26.3% 10.0% -98.9% -128.0% -70.8% -54.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 81.0% 69.2% 53.8% - - -135.9% -
Profit margin Net profit margin. Shows the overall profitability of the company. 3.8% 3.9% 4.4% -94.8% -90.2% -87.3% -75.2%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 4.8% 4.8% 4.6% -94.9% -90.2% -87.3% -75.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 5.9 1.8 3.0 - - 0.7 -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 40,713 64,001 53,387 34,169 44,780 37,765 45,968

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Devoteam Lithuania - Social security debts

From To Debt, €
2026-05-17 2026-05-20 0.06
2025-01-23 2025-02-11 48.86
2024-11-18 2024-11-18 90216.40
2021-11-16 2021-11-21 0.02
2021-11-03 2021-11-03 0.03

Devoteam Lithuania - VMI tax arrears

From To Overdue, €
2026-06-28 2026-07-07 0.45
2026-03-08 2026-03-12 16.41
2025-07-08 2025-07-20 12.11

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.
Devoteam Lithuania, UAB (code 305163723) is a Private Limited Liability Company engaged in other information technology and computer service activities. In the latest financial year, 2025, the company generated revenue of €4.19M, up 21.9% year on year and 14.5% compared with 2023. Despite the higher turnover, it reported a net loss of €3.15M, with a profit margin of -75.2%. The loss narrowed only slightly from €3.30M in 2023 to €3.00M in 2024 before widening again in 2025. The balance sheet expanded materially: total assets increased to €5.82M in 2025 from €4.23M in 2024, supported by long-term assets of €5.22M. At the same time, equity moved from €2.21M in 2024 to -€941.5K in 2025, while liabilities rose to €6.42M. Asset turnover stood at 0.72x, and revenue per employee was €46.0K, indicating moderate operating productivity but weak bottom-line performance. Profitability and leverage ratios remain pressured by sustained losses and the negative equity position.