Joint Innovation Ventures, MB - financials and debts

Company age: 2 y. 0 mo.

Update

Joint Innovation Ventures - Company finances

EUR
2024
From: 2024-10-14
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 27,400 45,007
Profit before tax 18,870 -17,365
Net profit 18,870 -17,365
Equity 18,970 1,605
Liabilities 0 2,385
Non-current assets 0 0
Current assets 18,970 3,990
Total assets 18,970 3,990
Financial indicators
Revenue change y/y - +64.3%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 99.5% -435.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 99.5% -1081.9%
Profit margin Net profit margin. Shows the overall profitability of the company. 68.9% -38.6%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 68.9% -38.6%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 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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Joint Innovation Ventures - Social security debts

The company had no debts to Sodra

Joint Innovation Ventures - VMI tax arrears

From To Overdue, €
2026-03-29 2026-04-28 0.32
2026-01-29 2026-02-16 1.0

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.
Joint Innovation Ventures, MB (code 307008248) is a Lithuanian small partnership engaged in business and other management consultancy activities. In 2025, revenue increased to €45.0K from €27.4K in 2024, representing year-on-year growth of 64.3%. However, profitability weakened sharply: the company moved from a net profit of €18.9K in 2024 to a net loss of €17.4K in 2025, and the latest profit margin stood at -38.6%. The 2024 result was generated over a 78-day period, while 2025 covered 364 days. At the end of 2025, total assets were €4.0K, equity €1.6K and liabilities €2.4K. The equity ratio was 40.2%, debt to equity stood at 1.49, and asset turnover reached 11.28x, showing that revenue was generated from a very small asset base. ROE and ROA were strongly negative in 2025, reflecting the loss-making result relative to the reduced equity and asset position.