Company · 42.11 · Civil engineering

SIA "Ceļu būvniecības sabiedrība "IGATE"

Address confidence: Confirmed

Show on the map Group website Sector: Construction

Turnover · 2025

69.8 M €

-9% vs previous year

Employees

215

Turnover per employee: 325 k €

Taxes paid · 2024

1.6 M €

Payroll fund / employees: 26 k €

Payroll fund · 2024 estimate

5.6 M €

Wage estimate, gross: 2,150 €

Tax breakdown · 2026 Q3

Total paid to VID 912 k €

Personal income tax 58 k €

Social contributions 104 k €

VAT paid · after deductions 467 k €

VAT refunded by the state 78 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	912 k €	58 k €	104 k €	467 k €	78 k €
2026 Q2	-39170 €	53 k €	105 k €	145 k €	349 k €
2026 Q1	492 k €	104 k €	206 k €	288 k €	127 k €
2025 Q4	760 k €	319 k €	600 k €	3 k €	191 k €
2024	1.6 M €	1.1 M €	1.9 M €	—	—
2023	873 k €	761 k €	1.4 M €	—	—
2022	-168110 €	743 k €	1.4 M €	—	—

Financial health · From the 2025 balance sheet

Net profit5.5 M €

Total assets23.9 M €

Equity15.2 M €

Current ratio2.3

Quick ratio1.8

Debt to equity0.6

Equity ratio63.7%

Return on assets23.2%

Return on equity36.4%

Cross-section against the peer median

Compared with companies under NACE code 42.11 — 24.

Turnover

×3.5

69.8 M € 20.1 M €

Employees

×2.5

215 85

Taxes paid

÷10

912 k € -85800 €

Payroll

×4.2

5.6 M € 1.3 M €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 83% of peers

Employees

above 83% of peers

This company Peer median · 24

Indicators

Turnover per employee 325 k € ×1.4 of the median

Margin 8.0%

Year on year -9%

Payroll fund estimate 5.6 M €

Registration number 41703001139

Registered address Jelgava, Satiksmes iela 7

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

ACBR

Rīga · 96.1 M €

LAU Infra Grupa

Rīga · 97.1 M €

Vianova

Siguldas nov. · 36.4 M €

LIMBAŽU CEĻI

Limbaži · 35.2 M €

A.C.B.

Rīga · 140.2 M €

DTTB

Rīga · 32.9 M €

Public contracts

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

All time

64.7 M €

won jointly: 2

Contracts

Latest contract: 2026-06-02

Largest buyer

Jelgavas novada pašvaldība

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	69.8 M €	5.5 M €	23.9 M €	215
2024	76.6 M €	3.2 M €	28.9 M €	213
2023	35.6 M €	1.5 M €	18.4 M €	186
2022	30.4 M €	-1394526 €	16.0 M €	197
2021	25.8 M €	-1727512 €	16.9 M €	208
2020	28.7 M €	-295773 €	18.4 M €	196

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 42 — Civil engineering — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

9.6 M €

Industry goods imports

128.0 M €

Exported most: Machinery and electrical equipment — 3.6 M €, Mineral products — 1.9 M €, Stone, cement, ceramic and glass articles — 1.5 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.