Company · 41.00 · Construction of buildings

SIA MB TEAM

Address confidence: Confirmed

Show on the map Find website Sector: Construction

Turnover · 2025

2.3 M €

+831% vs previous year

Employees

Turnover per employee: 129 k €

Taxes paid · 2024

10 k €

Payroll fund / employees: 2 k €

Payroll fund · 2024 estimate

40 k €

Wage estimate, gross: 560 €

Tax breakdown · 2026 Q3

Total paid to VID 14 k €

Personal income tax 11 k €

Social contributions 25 k €

VAT paid · after deductions 0 €

VAT refunded by the state 22 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	14 k €	11 k €	25 k €	0 €	22 k €
2026 Q2	-3880 €	11 k €	27 k €	830 €	42 k €
2026 Q1	17 k €	14 k €	34 k €	0 €	31 k €
2025 Q4	-4980 €	15 k €	34 k €	0 €	53 k €
2024	10 k €	5 k €	14 k €	—	—
2023	29 k €	7 k €	19 k €	—	—
2022	-6760 €	5 k €	9 k €	—	—

Financial health · From the 2025 balance sheet

Net profit190 k €

Total assets298 k €

Equity216 k €

Current ratio3.2

Quick ratio2.7

Debt to equity0.4

Equity ratio72.4%

Return on assets63.7%

Return on equity87.9%

Cross-section against the peer median

Compared with companies under NACE code 41.00 — 24.

Turnover

×1.0

2.3 M € 2.3 M €

Employees

×1.1

18 17

Taxes paid

×1.2

14 k € 12 k €

Payroll

÷5.1

40 k € 207 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 54% of peers

Employees

above 50% of peers

This company Peer median · 24

Indicators

Turnover per employee 129 k € ×0.9 of the median

Margin 8.2%

Year on year +831%

Payroll fund estimate 40 k €

Registration number 41203044456

Registered address Rīga, Gaujas iela 43 - 6

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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Public contracts

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

All time

243 k €

Contracts

Latest contract: 2026-05-29

Largest buyer

SIA JK Namu pārvalde

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	2.3 M €	190 k €	298 k €	18
2024	249 k €	21 k €	39 k €	6
2023	245 k €	29 k €	8 k €	6
2022	470 k €	-40960 €	34 k €	6
2021	50 k €	32 k €	25 k €	1
2020	140 k €	-41841 €	80 k €	2

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.