Company · 41.00 · Construction of buildings

SIA ILUM 8

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2024

2.5 M €

+46% vs previous year

Employees

Turnover per employee: 137 k €

Taxes paid · 2024

77 k €

Payroll fund / employees: 13 k €

Payroll fund · 2024 estimate

228 k €

Wage estimate, gross: 1,054 €

Tax breakdown · 2026 Q3

Total paid to VID 30 k €

Personal income tax 17 k €

Social contributions 31 k €

VAT paid · after deductions -1000 €

VAT refunded by the state 17 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	30 k €	17 k €	31 k €	-1000 €	17 k €
2026 Q2	38 k €	11 k €	19 k €	8 k €	0 €
2026 Q1	65 k €	22 k €	42 k €	22 k €	22 k €
2025 Q4	8 k €	11 k €	20 k €	4 k €	28 k €
2024	77 k €	43 k €	78 k €	—	—
2023	33 k €	20 k €	38 k €	—	—
2022	61 k €	13 k €	21 k €	—	—

Financial health · From the 2024 balance sheet

Net profit32 k €

Total assets1.1 M €

Equity406 k €

Current ratio1.7

Quick ratio1.6

Debt to equity1.6

Equity ratio38.6%

Return on assets3.0%

Return on equity7.9%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×1.0

2.5 M € 2.4 M €

Employees

÷1.5

18 27

Taxes paid

×1.5

30 k € 20 k €

Payroll

×1.1

228 k € 212 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 54% of peers

Employees

above 33% of peers

This company Peer median · 24

Indicators

Turnover per employee 137 k € ×1.5 of the median

Margin 1.3%

Year on year +46%

Payroll fund estimate 228 k €

Registration number 40203233296

Registered address Rīga, Vīlandes iela 12 - 1

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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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
2024	2.5 M €	32 k €	1.1 M €	18
2023	1.7 M €	198 k €	648 k €	17
2022	788 k €	172 k €	231 k €	12
2021	56 k €	16 k €	100 k €	5
2020	220 €	5 €	3 k €	0

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.