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Company · 71.12 · Architectural and engineering activities; technical testing

SIA EcoHeat Technologies

Turnover · 2025

8.6 M €

+43% vs previous year

Employees

81

Turnover per employee: 107 k €

Taxes paid · 2024

729 k €

Payroll fund / employees: 17 k €

Payroll fund · 2024 estimate

1.4 M €

Wage estimate, gross: 2,572 €

Tax breakdown · 2026 Q3

Total paid to VID 394 k €
Personal income tax 155 k €
Social contributions 236 k €
VAT paid · after deductions 0 €
VAT refunded by the state 0 €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q3394 k €155 k €236 k €0 €0 €
2026 Q2277 k €74 k €195 k €0 €0 €
2026 Q1354 k €122 k €229 k €0 €0 €
2025 Q4365 k €127 k €237 k €0 €0 €
2024729 k €252 k €473 k €——
2023611 k €131 k €290 k €——
2022418 k €244 k €433 k €——

Financial health · From the 2025 balance sheet

Net profit400 k €
Total assets5.1 M €
Equity1.5 M €
Current ratio1.9
Quick ratio1.6
Debt to equity2.3
Equity ratio30.1%
Return on assets7.9%
Return on equity26.3%

Cross-section against the peer median

Compared with companies under NACE code 71.12 — 24.

Turnover
×2.5
8.6 M € 3.5 M €
Employees
×2.7
81 31
Taxes paid
×3.8
394 k € 103 k €
Payroll
×1.9
1.4 M € 725 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 79% of peers
Employees
above 88% of peers
This company Peer median · 24

Indicators

Turnover per employee 107 k € ×0.9 of the median
Margin 4.6%
Year on year +43%
Payroll fund estimate 1.4 M €
Registration number 40203155061
Registered address Jelgava, Rubeņu ceļš 2B

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

Public contracts

All time

3.6 M €

won jointly: 1

Contracts

7

Latest contract: 2026-07-08

Largest buyer

Smiltenes novada pašvaldība

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    20258.6 M € 400 k € 5.1 M € 81
    20246.0 M € 104 k € 3.3 M € 46
    20235.0 M € 79 k € 3.4 M € 46
    20225.3 M € 314 k € 2.8 M € 46
    20214.1 M € 574 k € 2.1 M € 49
    20202.9 M € 27 k € 1.6 M € 57

    Foreign trade of the industry · 2025

    Industry goods exports

    8.0 M €

    Industry goods imports

    65.3 M €