Bitspace, MB - financials and debts

Company age: 2 y. 10 mo.

Update

Bitspace - Company finances

EUR
2023
From: 2023-11-10
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 4,244 103,700 108,888
Profit before tax 3,244 979 768
Net profit 3,244 930 521
Equity 3,245 4,175 4,706
Liabilities 0 7,046 7,164
Non-current assets 0 0 0
Current assets 3,245 11,221 11,870
Total assets 3,245 11,221 11,870
Taxes paid
STI taxes - 2,268 7,801
Financial indicators
Revenue change y/y - +2343.4% +5.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 100.0% 8.3% 4.4%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 100.0% 22.3% 11.1%
Profit margin Net profit margin. Shows the overall profitability of the company. 76.4% 0.9% 0.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 76.4% 0.9% 0.7%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 1.7 1.5
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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Bitspace - Social security debts

From To Debt, €
2026-09-05 2026-09-08 80.48
2026-09-01 2026-09-02 80.48
2026-03-03 2026-03-31 71.86
2026-01-01 2026-01-31 72.45
2025-11-01 2025-11-30 72.45
2025-08-01 2025-08-31 15.90
2024-08-01 2024-08-31 64.50
2024-06-03 2024-06-30 64.50
2024-03-01 2024-03-31 64.50

Bitspace - 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.
Bitspace, MB (code 306625339) is a Lithuanian small partnership operating in other computer programming activities. In 2025, the latest financial year, the company generated revenue of €108.9K, up 5.0% year on year, while net profit amounted to €521. The business has expanded sharply from €4.2K of revenue in 2023, a 51-day period, to €103.7K in 2024 and €108.9K in 2025, indicating a strong revenue trajectory over the past three years. Profitability, however, weakened materially: net profit fell from €3.2K in 2023 to €930 in 2024 and €521 in 2025, with the profit margin declining from 76.4% to 0.9% and then 0.5%. At year-end 2025, total assets were €11.9K, equity €4.7K and liabilities €7.2K. Key ratios show an equity ratio of 39.6%, debt-to-equity of 1.52, asset turnover of 9.17x, ROE of 11.1% and ROA of 4.4%. No staff data was provided for productivity analysis.