Company · 42.91 · Civil engineering

AS BMGS

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2024

60.0 M €

+15% vs previous year

Employees

318

Turnover per employee: 189 k €

Taxes paid · 2024

1.7 M €

Payroll fund / employees: 19 k €

Payroll fund · 2024 estimate

6.0 M €

Wage estimate, gross: 1,489 €

Tax breakdown · 2026 Q3

Total paid to VID 144 k €

Personal income tax 62 k €

Social contributions 104 k €

VAT paid · after deductions 330 €

VAT refunded by the state 22 k €

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	144 k €	62 k €	104 k €	330 €	22 k €
2026 Q2	103 k €	44 k €	72 k €	0 €	15 k €
2026 Q1	59 k €	-530 €	47 k €	16 k €	4 k €
2025 Q4	181 k €	60 k €	105 k €	69 k €	54 k €
2024	1.7 M €	1.1 M €	2.0 M €	—	—
2023	972 k €	1.5 M €	2.6 M €	—	—
2022	1.0 M €	1.0 M €	2.1 M €	—	—

Financial health · From the 2024 balance sheet

Net profit-8394882 €

Total assets33.5 M €

Equity8.6 M €

Current ratio0.9

Quick ratio0.7

Debt to equity2.9

Equity ratio25.9%

Return on assets-25.1%

Return on equity-97.1%

Cross-section against the peer median

Compared with companies under NACE code 42.91 — 24.

Turnover

×121

60.0 M € 495 k €

Employees

×53

318 6

Taxes paid

×12

144 k € 12 k €

Payroll

×86

6.0 M € 69 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 100% of peers

Employees

above 100% of peers

This company Peer median · 24

Indicators

Turnover per employee 189 k € ×2.3 of the median

Margin -14.0%

Year on year +15%

Payroll fund estimate 6.0 M €

Registration number 40003146013

Registered address Rīga, Tvaika iela 27

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

6.5 M €

Contracts

Latest contract: 2024-11-11

Largest buyer

Nodrošinājuma pavēlniecība

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
2024	60.0 M €	-8394882 €	33.5 M €	318
2023	52.2 M €	456 k €	48.8 M €	398
2022	35.1 M €	113 k €	40.8 M €	347
2021	51.6 M €	236 k €	46.1 M €	341
2020	47.8 M €	222 k €	36.3 M €	354
2019	60.8 M €	483 k €	45.4 M €	426

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 42 — Civil engineering — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

9.6 M €

Industry goods imports

128.0 M €

Exported most: Machinery and electrical equipment — 3.6 M €, Mineral products — 1.9 M €, Stone, cement, ceramic and glass articles — 1.5 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.