Mcode, MB - financials and debts

Company age: 2 y. 11 mo.

Update

Mcode - Company finances

EUR
2023
From: 2023-10-25
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 14,886 77,870 75,223
Profit before tax 8,199 26,096 19,722
Net profit 8,199 24,789 18,552
Equity 8,199 32,988 24,460
Liabilities 120 4,317 1,480
Non-current assets 0 0 16,628
Current assets 8,319 37,305 9,312
Total assets 8,319 37,305 25,940
Taxes paid
STI taxes - 8,776 8,020
Financial indicators
Revenue change y/y - +423.1% -3.4%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 98.6% 66.4% 71.5%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 75.1% 75.8%
Profit margin Net profit margin. Shows the overall profitability of the company. 55.1% 31.8% 24.7%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 55.1% 33.5% 26.2%
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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Mcode - Social security debts

The company had no debts to Sodra

Mcode - 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.
Mcode, MB (code 306617762) is a Lithuanian small partnership engaged in other computer programming activities. In the latest financial year, 2025, the company generated revenue of €75.2K and net profit of €18.6K, corresponding to a profit margin of 24.7%. Revenue declined slightly by 3.4% year on year from €77.9K in 2024, while profit also eased from €24.8K, indicating a moderate softening after a stronger prior year. Even so, the two-year revenue trend remains clearly positive, with turnover up 405.3% compared with 2023, which covered only 67 days and produced €14.9K of revenue. Profitability has remained solid across the period, though margins have narrowed from 55.1% in 2023 and 31.8% in 2024 to 24.7% in 2025. At year-end 2025, total assets stood at €25.9K, equity at €24.5K and liabilities at €1.5K, showing a highly equity-funded balance sheet. Key indicators were strong, including ROE of 75.8%, ROA of 71.5%, debt-to-equity of 0.06 and asset turnover of 2.90x.