Widgesoft, MB - financials and debts

Company age: 3 y. 7 mo.

Update

Widgesoft - Company finances

EUR
2023
From: 2023-02-27
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 84,831 110,604 86,909
Profit before tax 33,805 29,285 -1,919
Net profit 33,805 27,821 -1,919
Equity 33,906 32,228 10,209
Liabilities 1,492 3,105 31
Non-current assets 0 0 0
Current assets 35,398 35,333 10,240
Total assets 35,398 35,333 10,240
Taxes paid
STI taxes 15,263 22,587 20,772
Financial indicators
Revenue change y/y - +30.4% -21.4%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 95.5% 78.7% -18.7%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 99.7% 86.3% -18.8%
Profit margin Net profit margin. Shows the overall profitability of the company. 39.8% 25.2% -2.2%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 39.8% 26.5% -2.2%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.0 0.1 0.0
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 84,831 110,604 86,909

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Widgesoft - Social security debts

From To Debt, €
2024-11-18 2024-11-25 115.74
2024-10-28 2024-10-30 113.93
2023-08-21 2023-08-23 22.64
2023-08-17 2023-08-20 165.70
2023-07-21 2023-07-23 107.07
2023-07-19 2023-07-20 199.91
2023-07-18 2023-07-18 107.07
2023-06-16 2023-06-25 48.44

Widgesoft - VMI tax arrears

From To Overdue, €
2025-11-28 2025-12-12 0.38
2025-11-02 2025-11-24 0.38
2025-10-30 2025-11-01 0.1
2025-10-13 2025-10-24 0.1
2025-09-30 2025-09-30 0.1
2025-08-28 2025-09-23 0.12
2025-07-31 2025-08-12 0.12
2024-11-28 2024-12-08 1.54
2024-09-29 2024-10-07 0.73

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.
Widgesoft, MB (code 306259728) is a Lithuanian small partnership operating in other computer programming activities. In 2025, the company generated revenue of €86.9K and posted a net loss of €1.9K, corresponding to a -2.2% profit margin. Revenue fell by 21.4% year on year, although it remained 2.5% above the 2023 level. The profit profile was weaker than in prior years: net profit was €33.8K in 2023 and €27.8K in 2024 before turning negative in 2025. Balance sheet values also contracted materially in 2025, with total assets and equity both at €10.2K, while liabilities were only €31. This left the equity ratio at 99.7%, indicating a very lightly leveraged structure. Asset turnover was 8.49x, showing high revenue generation relative to the asset base. Return on equity and return on assets were both negative in 2025, reflecting the loss for the year. Revenue per employee was €86.9K, matching the reported 2025 turnover.