Company · 46.71 · Wholesale trade

SIA M.E. LAT-LUX

Address confidence: Confirmed

Show on the map Company website Sector: Trade

From the company website
M.E.LAT-LUX SIA is the general representative of the Daimler EvoBus GmbH group (Germany) in the Baltic States. Its main areas of activity are: the sale of new and used SETRA buses, repair services and transport services
M.E.LAT-LUX SIA ir koncerna Daimler EvoBus GmbH (Vācija) ģenerālpārstāvis Baltijā.Galvenie darbības veidi ir: jaunu un lietotu autobusu SETRA tirdzniecība, remontpakalpojumi, transporta pakalpojumi

Turnover · 2025

15.1 M €

-18% vs previous year

Employees

Turnover per employee: 603 k €

Taxes paid · 2024

2.5 M €

Payroll fund / employees: 26 k €

Payroll fund · 2024 estimate

659 k €

Wage estimate, gross: 2,388 €

Tax breakdown · 2026 Q3

Total paid to VID 287 k €

Personal income tax 46 k €

Social contributions 80 k €

VAT paid · after deductions 160 k €

VAT refunded by the state 0 €

Money paid to and returned by the tax office during the quarter, not tax charged. VAT on purchases is already deducted inside the payment — it does not appear here separately. A refund arises only when deductions exceed the VAT charged on sales: for exporters, intra-EU suppliers, and under the domestic reverse charge (construction, timber, scrap metal), not for every company with large purchases. Compare with the turnover of the same quarter, not of the year.

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	287 k €	46 k €	80 k €	160 k €	0 €
2026 Q2	1.0 M €	199 k €	71 k €	740 k €	0 €
2026 Q1	326 k €	47 k €	80 k €	198 k €	0 €
2025 Q4	842 k €	40 k €	73 k €	728 k €	0 €
2024	2.5 M €	125 k €	225 k €	—	—
2023	1.2 M €	106 k €	195 k €	—	—
2022	868 k €	87 k €	167 k €	—	—

Financial health · From the 2025 balance sheet

Net profit437 k €

Total assets7.6 M €

Equity2.9 M €

Current ratio1.5

Quick ratio0.3

Debt to equity1.7

Equity ratio37.7%

Return on assets5.7%

Return on equity15.2%

Cross-section against the peer median

Compared with companies under NACE code 46.71 — 24.

Turnover

×5.8

15.1 M € 2.6 M €

Employees

×8.3

25 3

Taxes paid

×19

287 k € 15 k €

Payroll

×31

659 k € 21 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 83% of peers

Employees

above 92% of peers

This company Peer median · 24

Indicators

Turnover per employee 603 k € ×0.7 of the median

Margin 2.9%

Year on year -18%

Payroll fund estimate 659 k €

Registration number 40003081111

Registered address Cēsu nov., Cēsis, Tirgoņu iela 7

panel.caveats

Building coordinate from the State Address Register. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.

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Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

378 k €

won jointly: 1

Contracts

Latest contract: 2026-06-10

Largest buyer

Alūksnes novada pagastu apvienības pārvalde

Latest contracts

Filed annual reports

Figures the company filed itself. Bar length shows size within the column; the longest is its best year. An empty cell means no report for that year — not a zero.

Year	Turnover	Net profit	Assets	Employees
2025	15.1 M €	437 k €	7.6 M €	25
2024	18.3 M €	764 k €	3.2 M €	25
2023	5.1 M €	122 k €	5.9 M €	26
2022	5.0 M €	295 k €	3.3 M €	26
2021	9.6 M €	149 k €	2.7 M €	28
2020	12.4 M €	32 k €	4.0 M €	28

Source: annual reports from the Register of Enterprises, as filed. A missing year is a missing report, not a loss.

Foreign trade of the industry · 2025

All companies in division 46 — Wholesale trade — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

7.9 bn €

Industry goods imports

11.1 bn €

Goods exports to turnover estimate

37%

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds. A share this high is why companies in the industry pay little net VAT: exported goods carry no VAT.

Exported most: Machinery and electrical equipment — 1.5 bn €, Vegetable products — 852.9 M €, Chemical products — 846.2 M €

Source: Official Statistics of Latvia, table ATN011, goods trade by the activity of the trading enterprise. “Not published” means the figure would identify a single firm — it is not a zero.