Company · 46.34 · Wholesale trade
SIA Baltic XL
From the company website
Baltic XL is a wholesale company that has been operating in the Latvian market since 2008 and specialises in the sale of alcoholic and non-alcoholic beverages and food products, operating successfully not only in Latvia, but also…
Baltic XL ir vairumtirdzniecības uzņēmums, kas Latvijas tirgū darbojas no 2008. gada un ir specializējies alkoholisko, bezalkoholisko dzērienu un pārtikas preču tirdzniecībā, veiksmīgi darbojoties ne tikai Latvijā, bet a…
Turnover · 2025
12.3 M €
-4% vs previous year
Employees
23
Turnover per employee: 534 k €
Taxes paid · 2024
1.4 M €
Payroll fund / employees: 20 k €
Payroll fund · 2024 estimate
460 k €
Wage estimate, gross: 1,596 €
Tax breakdown · 2026 Q3
Quarterly history
| Quarter | Total paid to VID | Personal income tax | Social contributions | VAT paid · after deductions | VAT refunded by the state |
|---|---|---|---|---|---|
| 2026 Q3 | 66 k € | 20 k € | 42 k € | 0 € | 0 € |
| 2026 Q2 | 87 k € | 15 k € | 34 k € | 0 € | 0 € |
| 2026 Q1 | 53 k € | 14 k € | 32 k € | 0 € | 0 € |
| 2025 Q4 | 67 k € | 20 k € | 42 k € | 0 € | 0 € |
| 2024 | 1.4 M € | 85 k € | 157 k € | — | — |
| 2023 | 1.4 M € | 85 k € | 154 k € | — | — |
| 2022 | 1.5 M € | 67 k € | 133 k € | — | — |
Financial health · From the 2025 balance sheet
Cross-section against the peer median
Compared with companies under NACE code 46.34 — 24.
What changed
Position among peers
Indicators
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.
Similar companies
Rivals in the niche
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 | 12.3 M € | 21 k € | 4.5 M € | 23 |
| 2024 | 12.8 M € | 23 k € | 4.2 M € | 25 |
| 2023 | 13.5 M € | 56 k € | 4.3 M € | 24 |
| 2022 | 13.4 M € | 40 k € | 5.3 M € | 24 |
| 2021 | 12.2 M € | 173 k € | 4.7 M € | 22 |
| 2020 | 12.9 M € | -75468 € | 4.4 M € | 23 |
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.
State support received
Sources: EU fund project registers kept by the Central Finance and Contracting Agency and the de minimis register of the Ministry of Finance, both CC0. Amounts are as published. Support granted to natural persons is not shown.
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