Company · 20.59 · Manufacture of chemicals and chemical products

SIA CrossChem

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
We manufacture and distribute chemical products and equipment that help reduce emissions. We are the only certified AdBlue manufacturer in the Baltics
Ražojam un izplatām ķīmiskus produktus un aprīkojumu, kas palīdz samazināt izmešus. Esam vienīgais sertificētais AdBlue ražotājs Baltijā

Turnover · 2025

18.8 M €

-12% vs previous year

Employees

Turnover per employee: 273 k €

Taxes paid · 2024

2.3 M €

Payroll fund / employees: 26 k €

Payroll fund · 2024 estimate

1.8 M €

Wage estimate, gross: 2,251 €

Tax breakdown · 2026 Q3

Total paid to VID 644 k €

Personal income tax 100 k €

Social contributions 188 k €

VAT paid · after deductions 330 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	644 k €	100 k €	188 k €	330 k €	0 €
2026 Q2	672 k €	102 k €	192 k €	361 k €	0 €
2026 Q1	626 k €	100 k €	188 k €	248 k €	0 €
2025 Q4	724 k €	99 k €	189 k €	366 k €	0 €
2024	2.3 M €	332 k €	617 k €	—	—
2023	2.2 M €	295 k €	542 k €	—	—
2022	3.7 M €	297 k €	556 k €	—	—

Financial health · From the 2025 balance sheet

Net profit361 k €

Total assets16.9 M €

Equity5.4 M €

Current ratio1.8

Quick ratio0.9

Debt to equity2.1

Equity ratio32.2%

Return on assets2.1%

Return on equity6.6%

Cross-section against the peer median

Compared with companies under NACE code 20.59 — 16.

Turnover

×223

18.8 M € 84 k €

Employees

×35

69 2

Taxes paid

×2,476

644 k € 260 €

Payroll

×251

1.8 M € 7 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 · 16

Indicators

Turnover per employee 273 k € ×6.5 of the median

Margin 1.9%

Year on year -12%

Payroll fund estimate 1.8 M €

Registration number 40003888244

Registered address Olaines nov., Olaines pag., "Naftaluka

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

31 k €

won jointly: 1

Contracts

Latest contract: 2026-03-20

Largest buyer

Valsts sociālās aprūpes centrs “Zemgale”

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	18.8 M €	361 k €	16.9 M €	69
2024	21.3 M €	124 k €	16.2 M €	66
2023	21.1 M €	407 k €	14.9 M €	64
2022	38.3 M €	3.3 M €	14.0 M €	62
2021	31.8 M €	1.8 M €	14.0 M €	55
2020	15.5 M €	693 k €	6.1 M €	48

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 20 — Manufacture of chemicals and chemical products — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

366.1 M €

Industry goods imports

244.5 M €

Goods exports to turnover estimate

67%

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: Chemical products — 257.5 M €, Mineral products — 37.4 M €, Textiles and textile articles — 21.9 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.