Company · 25.11 · Manufacture of fabricated metal products

SIA MetalProjekts

Address confidence: Confirmed

Show on the map Company website Sector: Manufacturing

From the company website
Custom-made metal structures and building components. Non-standard metalworking solutions. Telecommunications solutions
Metāla konstrukciju, būvkonstrukciju ražošanu pēc individuālā pasūtījuma. Nestandarta metālapstrādes risinājumi. Telekomunikāciju risinājumi

Turnover · 2025

3.2 M €

+10% vs previous year

Employees

Turnover per employee: 81 k €

Taxes paid · 2024

326 k €

Payroll fund / employees: 12 k €

Payroll fund · 2024 estimate

464 k €

Wage estimate, gross: 1,209 €

Tax breakdown · 2026 Q3

Total paid to VID 205 k €

Personal income tax 42 k €

Social contributions 91 k €

VAT paid · after deductions 72 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	205 k €	42 k €	91 k €	72 k €	0 €
2026 Q2	147 k €	26 k €	57 k €	62 k €	340 €
2026 Q1	75 k €	19 k €	44 k €	23 k €	12 k €
2025 Q4	182 k €	37 k €	83 k €	74 k €	14 k €
2024	326 k €	78 k €	158 k €	—	—
2023	254 k €	77 k €	157 k €	—	—
2022	231 k €	43 k €	85 k €	—	—

Financial health · From the 2025 balance sheet

Net profit135 k €

Total assets1.4 M €

Equity656 k €

Current ratio1.2

Quick ratio0.7

Debt to equity1.2

Equity ratio45.4%

Return on assets9.3%

Return on equity20.5%

Cross-section against the peer median

Compared with companies under NACE code 25.11 — 24.

Turnover

÷1.0

3.2 M € 3.3 M €

Employees

×1.3

40 32

Taxes paid

×2.6

205 k € 80 k €

Payroll

÷1.3

464 k € 592 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 33% of peers

Employees

above 67% of peers

This company Peer median · 24

Indicators

Turnover per employee 81 k € ×0.8 of the median

Margin 4.2%

Year on year +10%

Payroll fund estimate 464 k €

Registration number 40103498885

Registered address Ķekavas nov., Baloži, Lakstīgalu iela 3

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

200 k €

won jointly: 1

Contracts

Latest contract: 2024-03-21

Largest buyer

Jūrmalas Kultūrtelpas un vides dizaina centrs

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	3.2 M €	135 k €	1.4 M €	40
2024	2.9 M €	278 k €	1.1 M €	32
2023	2.8 M €	151 k €	847 k €	36
2022	2.1 M €	104 k €	905 k €	29
2021	1.1 M €	12 k €	666 k €	19
2020	711 k €	22 k €	127 k €	13

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 25 — Manufacture of fabricated metal products — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

503.6 M €

Industry goods imports

282.5 M €

Goods exports to turnover estimate

40%

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: Base metals and articles thereof — 395.6 M €, Machinery and electrical equipment — 47.5 M €, Vehicles and transport equipment — 44.3 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.