Company · 41.00 · Construction of buildings

SIA BŪVBALSTS

Address confidence: Confirmed

Show on the map Company website Sector: Construction

Turnover · 2025

2.8 M €

+199% vs previous year

Employees

Turnover per employee: 65 k €

Taxes paid · 2024

103 k €

Payroll fund / employees: 6 k €

Payroll fund · 2024 estimate

250 k €

Wage estimate, gross: 870 €

Tax breakdown · 2026 Q3

Total paid to VID 24 k €

Personal income tax 16 k €

Social contributions 28 k €

VAT paid · after deductions 0 €

VAT refunded by the state 20 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	24 k €	16 k €	28 k €	0 €	20 k €
2026 Q2	-6600 €	17 k €	32 k €	10 €	55 k €
2026 Q1	14 k €	15 k €	29 k €	3 k €	34 k €
2025 Q4	51 k €	24 k €	41 k €	25 k €	45 k €
2024	103 k €	48 k €	85 k €	—	—
2023	210 k €	51 k €	89 k €	—	—
2022	98 k €	68 k €	117 k €	—	—

Financial health · From the 2025 balance sheet

Net profit372 k €

Total assets869 k €

Equity502 k €

Current ratio2.1

Quick ratio2.1

Debt to equity0.7

Equity ratio57.8%

Return on assets42.8%

Return on equity74.0%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×1.0

2.8 M € 2.8 M €

Employees

×2.0

43 22

Taxes paid

×6.1

24 k € 4 k €

Payroll

÷1.1

250 k € 269 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 50% of peers

Employees

above 79% of peers

This company Peer median · 24

Indicators

Turnover per employee 65 k € ×0.5 of the median

Margin 13.4%

Year on year +199%

Payroll fund estimate 250 k €

Registration number 40103531183

Registered address Rīga, Rencēnu iela 10A

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

RERE BMV

Mārupe · 2.8 M €

Konsors

Sigulda · 2.8 M €

FILO Būve

Dobeles nov. · 2.8 M €

Hiltus

Mārupe · 2.8 M €

Flancis

Rīga · 2.8 M €

Erbauer group

Jēkabpils · 2.8 M €

Public contracts

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

All time

195 k €

won jointly: 1

Contracts

Latest contract: 2026-01-26

Largest buyer

Vides aizsardzības un reģionālās attīstības ministrija

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	2.8 M €	372 k €	869 k €	43
2024	930 k €	118 k €	318 k €	26
2023	1.2 M €	8 k €	295 k €	24
2022	884 k €	-322451 €	118 k €	21
2021	1.6 M €	4 k €	546 k €	34
2020	2.0 M €	219 k €	492 k €	37

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 41 — Construction of buildings — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

95.7 M €

Industry goods imports

40.1 M €

Exported most: Miscellaneous manufactured articles — 39.9 M €, Stone, cement, ceramic and glass articles — 29.4 M €, Base metals and articles thereof — 20.8 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.