Company · 46.85 · Wholesale trade

SIA Biesterfeld Baltic

Address confidence: Confirmed

Show on the map Group website Sector: Trade

Turnover · 2025

8.4 M €

0% vs previous year

Employees

Turnover per employee: 1.1 M €

Taxes paid · 2024

14 k €

Payroll fund / employees: 3 k €

Payroll fund · 2024 estimate

28 k €

Wage estimate, gross: 766 €

Tax breakdown · 2026 Q3

Total paid to VID 101 k €

Personal income tax 17 k €

Social contributions 22 k €

VAT paid · after deductions 111 k €

VAT refunded by the state 49 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	101 k €	17 k €	22 k €	111 k €	49 k €
2026 Q2	153 k €	27 k €	30 k €	97 k €	0 €
2026 Q1	158 k €	22 k €	30 k €	96 k €	10 €
2025 Q4	164 k €	16 k €	21 k €	125 k €	0 €
2024	14 k €	5 k €	9 k €	—	—

Financial health · From the 2025 balance sheet

Net profit15 k €

Total assets2.6 M €

Equity18 k €

Current ratio0.8

Quick ratio0.6

Debt to equity147.6

Equity ratio0.7%

Return on assets0.6%

Return on equity84.2%

Cross-section against the peer median

Compared with companies under NACE code 46.85 — 24.

Turnover

×1.1

8.4 M € 7.6 M €

Employees

÷1.2

8 10

Taxes paid

÷2.3

101 k € 237 k €

Payroll

÷12

28 k € 332 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 1.1 M € ×1.3 of the median

Margin 0.2%

Year on year 0%

Payroll fund estimate 28 k €

Registration number 40203582006

Registered address Rīga, Republikas laukums 2A

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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Foreign trade of the industry · 2025

All companies in division 46 — Wholesale trade — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

7.9 bn €

Industry goods imports

11.1 bn €

Goods exports to turnover estimate

37%

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: Machinery and electrical equipment — 1.5 bn €, Vegetable products — 852.9 M €, Chemical products — 846.2 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.