Company · 43.22 · Specialised construction activities

SIA SILTUMTEHSERVISS

Address confidence: Confirmed

Show on the map Company website Sector: Construction

Turnover · 2025

3.0 M €

-9% vs previous year

Employees

Turnover per employee: 84 k €

Taxes paid · 2024

236 k €

Payroll fund / employees: 9 k €

Payroll fund · 2024 estimate

311 k €

Wage estimate, gross: 1,236 €

Tax breakdown · 2026 Q3

Total paid to VID 140 k €

Personal income tax 41 k €

Social contributions 85 k €

VAT paid · after deductions 160 €

VAT refunded by the state 20 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	140 k €	41 k €	85 k €	160 €	20 k €
2026 Q2	99 k €	27 k €	55 k €	19 k €	24 k €
2026 Q1	112 k €	18 k €	40 k €	53 k €	40 €
2025 Q4	134 k €	26 k €	52 k €	39 k €	7 k €
2024	236 k €	60 k €	106 k €	—	—
2023	337 k €	61 k €	123 k €	—	—
2022	260 k €	55 k €	121 k €	—	—

Financial health · From the 2025 balance sheet

Net profit195 k €

Total assets3.2 M €

Equity3.0 M €

Current ratio8.4

Quick ratio4.1

Debt to equity0.1

Equity ratio91.3%

Return on assets6.0%

Return on equity6.6%

Cross-section against the peer median

Compared with companies under NACE code 43.22 — 24.

Turnover

×1.1

3.0 M € 2.9 M €

Employees

×1.1

36 32

Taxes paid

×9.8

140 k € 14 k €

Payroll

÷1.7

311 k € 529 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 71% of peers

Employees

above 54% of peers

This company Peer median · 24

Indicators

Turnover per employee 84 k € ×0.9 of the median

Margin 6.4%

Year on year -9%

Payroll fund estimate 311 k €

Registration number 42402005862

Registered address Rēzekne, Maskavas iela 5A

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

12.2 M €

won jointly: 2

Contracts

Latest contract: 2026-06-09

Largest buyer

Rēzeknes valstspilsētas 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	3.0 M €	195 k €	3.2 M €	36
2024	3.3 M €	657 k €	3.3 M €	23
2023	1.7 M €	-47294 €	2.6 M €	28
2022	2.7 M €	297 k €	2.9 M €	35
2021	6.3 M €	948 k €	3.4 M €	35
2020	3.0 M €	916 k €	2.4 M €	40

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 43 — Specialised construction activities — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

20.9 M €

Industry goods imports

81.5 M €

Exported most: Base metals and articles thereof — 6.2 M €, Miscellaneous manufactured articles — 5.3 M €, Chemical products — 5.2 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.