Company · 46.87 · Wholesale trade

SIA TM Recycling

Address confidence: Confirmed

Show on the map Company website Sector: Trade

From the company website
TM Recycling Fair prices. Fast payment. Simple process. Find a collection point View prices 9 collection points Fast payment Trusted partner Fair and transparent operations Clear prices and terms. Immediate payment…
TM Recycling Godīga cena. Ātra samaksa. Vienkāršs process. Atrast pieņemšanas punktu Skatīt cenas 9pieņemšanas punkti Ātrasamaksa Uzticamspartneris Godīga un caurspīdīga darbībaSkaidras cenas un nosacījumi. Tūlītēja sama…

Turnover · 2025

31.6 M €

0% vs previous year

Employees

Turnover per employee: 464 k €

Taxes paid · 2024

1.4 M €

Payroll fund / employees: 20 k €

Payroll fund · 2024 estimate

1.4 M €

Wage estimate, gross: 1,866 €

Tax breakdown · 2026 Q3

Total paid to VID 395 k €

Personal income tax 400 k €

Social contributions 147 k €

VAT paid · after deductions 420 €

VAT refunded by the state 153 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	395 k €	400 k €	147 k €	420 €	153 k €
2026 Q2	373 k €	414 k €	142 k €	0 €	183 k €
2026 Q1	163 k €	268 k €	138 k €	0 €	244 k €
2025 Q4	318 k €	306 k €	142 k €	0 €	131 k €
2024	1.4 M €	1.3 M €	466 k €	—	—
2023	857 k €	978 k €	313 k €	—	—
2022	1.2 M €	1.1 M €	289 k €	—	—

Financial health · From the 2025 balance sheet

Net profit240 k €

Total assets6.0 M €

Equity3.7 M €

Current ratio1.7

Quick ratio0.5

Debt to equity0.6

Equity ratio62.1%

Return on assets4.0%

Return on equity6.4%

Cross-section against the peer median

Compared with companies under NACE code 46.87 — 24.

Turnover

×4.6

31.6 M € 6.8 M €

Employees

×4.0

68 17

Taxes paid

×7.7

395 k € 51 k €

Payroll

×5.4

1.4 M € 255 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 88% of peers

Employees

above 96% of peers

This company Peer median · 24

Indicators

Turnover per employee 464 k € ×1.2 of the median

Margin 0.8%

Year on year 0%

Payroll fund estimate 1.4 M €

Registration number 42103065573

Registered address Rīga, Mazā Krasta iela 83

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

10 k €

Contracts

Latest contract: 2025-11-26

Largest buyer

Ieslodzījuma vietu 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	31.6 M €	240 k €	6.0 M €	68
2024	31.6 M €	613 k €	6.6 M €	60
2023	30.3 M €	631 k €	5.5 M €	45
2022	30.7 M €	1.7 M €	4.5 M €	39
2021	25.4 M €	1.7 M €	3.4 M €	39
2020	13.2 M €	691 k €	2.0 M €	34

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 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.