Developace, UAB - financials and debts

Company age: 2 y. 9 mo.

Update

Developace - Company finances

EUR
2023
From: 2023-12-05
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 - 410,053 320,101
Profit before tax - - -
Net profit 0 120,039 1,500
Equity 1,000 121,039 72,539
Liabilities 0 58,158 241,418
Non-current assets 0 4,007 140,853
Current assets 1,000 175,190 171,316
Total assets 1,000 179,197 312,169
Taxes paid
STI taxes - 260 29,928
Financial indicators
Revenue change y/y - - -21.9%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 0.0% 67.0% 0.5%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 0.0% 99.2% 2.1%
Profit margin Net profit margin. Shows the overall profitability of the company. - 29.3% 0.5%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. - - -
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 0.5 3.3
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - 410,053 225,948

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Developace - Social security debts

From To Debt, €
2026-07-19 2026-08-10 69.20
2026-07-16 2026-07-17 69.20
2025-09-16 2025-09-25 13.14

Developace - 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.
Developace, UAB (company code 306640533) is a Private Limited Liability Company engaged in activities of agents involved in non-specialised wholesale. In the latest financial year, 2025, the company generated revenue of €320.1K and net profit of €1.5K, which resulted in a profit margin of 0.5%. Revenue declined by 21.9% year on year from €410.1K in 2024, while profit also weakened materially from €120.0K to €1.5K. Over the two-year period, the business moved from a strong profitability position in 2024 to a much thinner result in 2025. The balance sheet expanded to €312.2K in total assets from €179.2K a year earlier, supported by a rise in long-term assets to €140.9K. Equity stood at €72.5K, compared with liabilities of €241.4K, indicating a higher leverage position than in 2024. Key ratios for 2025 show return on equity of 2.1%, return on assets of 0.5%, debt-to-equity of 3.33, and asset turnover of 1.03x. Revenue per employee was €320.1K, with profit per employee of €1.5K.