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Company · 38.11 · Waste collection, treatment and disposal; materials recovery

SIA ZAAO

Address confidence: Confirmed
Show on the map Find websiteSector: Water and waste

Turnover · 2025

16.9 M €

+10% vs previous year

Employees

207

Turnover per employee: 82 k €

Taxes paid · 2024

7.1 M €

Payroll fund / employees: 16 k €

Payroll fund · 2024 estimate

3.3 M €

Wage estimate, gross: 1,380 €

Tax breakdown · 2026 Q3

Total paid to VID 2.2 M €
Personal income tax 167 k €
Social contributions 381 k €
VAT paid · after deductions 520 k €
VAT refunded by the state 0 €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q32.2 M €167 k €381 k €520 k €0 €
2026 Q22.0 M €136 k €331 k €517 k €0 €
2026 Q12.0 M €130 k €320 k €406 k €0 €
2025 Q42.3 M €128 k €316 k €654 k €0 €
20247.1 M €536 k €1.1 M €——
20235.4 M €475 k €977 k €——
20224.5 M €390 k €842 k €——

Financial health · From the 2025 balance sheet

Net profit749 k €
Total assets25.7 M €
Equity5.5 M €
Current ratio0.6
Quick ratio0.6
Debt to equity3.6
Equity ratio21.5%
Return on assets2.9%
Return on equity13.6%

Cross-section against the peer median

Compared with companies under NACE code 38.11 — 24.

Turnover
×2.7
16.9 M € 6.2 M €
Employees
×4.4
207 47
Taxes paid
×10
2.2 M € 219 k €
Payroll
×4.6
3.3 M € 712 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 83% of peers
Employees
above 92% of peers
This company Peer median · 24

Indicators

Turnover per employee 82 k € ×0.6 of the median
Margin 4.4%
Year on year +10%
Payroll fund estimate 3.3 M €
Registration number 44103015509
Registered address Valmieras nov., Valmiera, Rīgas iela 32

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

Public contracts

All time

322 k €

Contracts

6

Latest contract: 2026-05-26

Largest buyer

LR Tieslietu ministrijas Ieslodzījuma vietu pārvalde

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    202516.9 M € 749 k € 25.7 M € 207
    202415.4 M € 273 k € 23.2 M € 193
    202312.2 M € 61 k € 22.0 M € 181
    202211.3 M € 57 k € 11.4 M € 173
    202110.0 M € 95 k € 7.4 M € 168
    20208.8 M € 42 k € 8.2 M € 164

    Foreign trade of the industry · 2025

    Industry goods exports

    24.2 M €

    Industry goods imports

    22.7 M €

    Goods exports to turnover estimate

    5%

    Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds.