Company · 68.12 · Real estate activities

SIA REMA PROJECT

Address confidence: Confirmed

Show on the map Company website Sector: Real estate

From the company website
Engineering systems design, electronic communications systems, power supply networks, data and communications networks, security systems, Riga, Latvia, REMA PROJECT
Inženiersistēmu projektēšana, elektronisko sakaru sistēmas, elektroapgādes tīkli, datu un sakaru tīkli, drošības sistēmas, Rīga, Latvija, REMA PROJECT

Turnover · 2025

3.6 M €

+60% vs previous year

Employees

Turnover per employee: 59 k €

Taxes paid · 2024

472 k €

Payroll fund / employees: 14 k €

Payroll fund · 2024 estimate

829 k €

Wage estimate, gross: 1,772 €

Tax breakdown · 2026 Q3

Total paid to VID 153 k €

Personal income tax 40 k €

Social contributions 86 k €

VAT paid · after deductions 27 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	153 k €	40 k €	86 k €	27 k €	0 €
2026 Q2	217 k €	38 k €	85 k €	94 k €	0 €
2026 Q1	173 k €	53 k €	111 k €	6 k €	22 k €
2025 Q4	193 k €	47 k €	104 k €	28 k €	0 €
2024	472 k €	148 k €	283 k €	—	—
2023	428 k €	109 k €	211 k €	—	—
2022	399 k €	89 k €	184 k €	—	—

Financial health · From the 2025 balance sheet

Net profit319 k €

Total assets1.2 M €

Equity675 k €

Current ratio2.0

Quick ratio1.8

Debt to equity0.8

Equity ratio56.2%

Return on assets26.6%

Return on equity47.2%

Cross-section against the peer median

Compared with companies under NACE code 68.12 — 24.

Turnover

×2.5

3.6 M € 1.4 M €

Employees

×6.0

60 10

Taxes paid

×3.8

153 k € 40 k €

Payroll

×6.8

829 k € 122 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 75% of peers

Employees

above 100% of peers

This company Peer median · 24

Indicators

Turnover per employee 59 k € ×0.4 of the median

Margin 8.9%

Year on year +60%

Payroll fund estimate 829 k €

Registration number 40203132410

Registered address Rīga, Rēzeknes iela 4

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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Vertex projekti

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Skanstes Business Centre

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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	3.6 M €	319 k €	1.2 M €	60
2024	2.2 M €	233 k €	985 k €	40
2023	1.6 M €	54 k €	683 k €	33
2022	1.5 M €	75 k €	697 k €	32
2021	1.8 M €	211 k €	852 k €	31
2020	928 k €	44 k €	536 k €	20

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 68 — Real estate activities — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

29.5 M €

Industry goods imports

10.7 M €

Exported most: Prepared foodstuffs, beverages, tobacco — 17.2 M €, Chemical products — 3.6 M €, Base metals and articles thereof — 2.8 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.