Balti it projektai, MB - financials and debts

Company age: 3 y. 0 mo.

Update

Balti it projektai - Company finances

EUR
2023
From: 2023-09-29
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 12,800 60,398 58,704
Profit before tax 11,167 22,366 22,473
Net profit 11,167 21,246 21,125
Equity 12,167 22,888 22,125
Liabilities 490 2,243 2,388
Non-current assets 0 0 0
Current assets 12,657 25,131 24,513
Total assets 12,657 25,131 24,513
Taxes paid
STI taxes - 5,360 13,303
Financial indicators
Revenue change y/y - +371.9% -2.8%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 88.2% 84.5% 86.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 91.8% 92.8% 95.5%
Profit margin Net profit margin. Shows the overall profitability of the company. 87.2% 35.2% 36.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 87.2% 37.0% 38.3%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 0.0 0.1 0.1
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Balti it projektai - Social security debts

From To Debt, €
2024-01-03 2024-01-31 175.89
2023-12-01 2024-01-02 117.26
2023-11-03 2023-11-30 58.63

Balti it projektai - 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.
Balti it projektai, MB (code 306466591) is a Lithuanian small partnership engaged in other computer programming activities. In 2025, the company generated revenue of EUR 58.7K and net profit of EUR 21.1K, with a profit margin of 36.0%. Revenue decreased by 2.8% year on year, but remained broadly in line with the 2024 level, when turnover reached EUR 60.4K and net profit EUR 21.2K. Compared with 2023, the business expanded sharply from EUR 12.8K of revenue and EUR 11.2K of net profit, although that year covered only 93 days. The balance sheet remained compact and well covered by equity: total assets stood at EUR 24.5K at the end of 2025, equity at EUR 22.1K and liabilities at EUR 2.4K. The equity ratio was 90.3% and debt to equity 0.11, indicating limited leverage. Asset turnover reached 2.39x, while ROE was 95.5% and ROA 86.2%, reflecting strong profitability relative to the small asset base.