Bitecha, MB - financials and debts

Company age: 7 y. 0 mo.

Update

Bitecha - Company finances

EUR
2019
From: 2019-09-13
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 40,960 165,120 155,192 164,800 158,310 165,426 43,736
Profit before tax 30,622 102,139 81,543 96,105 81,378 81,394 3,479
Net profit 30,622 96,882 77,464 91,294 77,309 77,323 2,536
Equity 35,622 67,504 144,968 236,262 313,571 390,894 393,430
Liabilities 4,458 2,366 6,117 9,043 32,296 11,099 5,240
Non-current assets 808 902 856 942 23,377 19,311 17,804
Current assets 26,472 54,838 134,957 232,883 311,196 368,992 380,611
Total assets 27,280 55,740 135,813 233,825 334,573 388,303 398,415
Taxes paid
STI taxes - - - - 3,955 4,119 5,258
Financial indicators
Revenue change y/y - +303.1% -6.0% +6.2% -3.9% +4.5% -73.6%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 112.3% 173.8% 57.0% 39.0% 23.1% 19.9% 0.6%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 86.0% 143.5% 53.4% 38.6% 24.7% 19.8% 0.6%
Profit margin Net profit margin. Shows the overall profitability of the company. 74.8% 58.7% 49.9% 55.4% 48.8% 46.7% 5.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 74.8% 61.9% 52.5% 58.3% 51.4% 49.2% 8.0%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.1 0.0 0.0 0.0 0.1 0.0 0.0
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - 155,192 - - 165,426 43,736

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Bitecha - Social security debts

From To Debt, €
2024-11-18 2024-11-19 272.63

Bitecha - VMI tax arrears

From To Overdue, €
2025-06-17 2025-06-17 316.6

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.
Bitecha, MB (company code 305249987) is a Lithuanian small partnership engaged in other computer programming activities. In 2025, the latest financial year, revenue declined to €43.7K from €165.4K in 2024 and €158.3K in 2023, showing a marked weakening in turnover over the period. Net profit also fell sharply to €2.5K in 2025 from €77.3K in both 2024 and 2023. As a result, the profit margin narrowed to 5.8% in 2025, compared with 46.7% in 2024 and 48.8% in 2023. The company remained financially conservative, with equity of €393.4K, total assets of €398.4K and liabilities of just €5.2K at year-end 2025. The equity ratio stood at 98.8% and debt-to-equity was 0.01, indicating very low leverage. Return on equity and return on assets were both 0.6% in 2025, while asset turnover was 0.11x. Revenue per employee was €43.7K and profit per employee was €2.5K.