Company · 52.26 · Warehousing and support activities for transportation

SIA Baltic Logistic System

Address confidence: Confirmed

Show on the map Find website Sector: Transport and storage

Turnover · 2017

2.4 M €

+78% vs previous year

Employees

Turnover per employee: 296 k €

Taxes paid · 2024

10 k €

Payroll fund / employees: 28 k €

Payroll fund · 2024 estimate

226 k €

Wage estimate, gross: 2,093 €

Tax breakdown · 2026 Q3

Total paid to VID 6 k €

Personal income tax 0 €

Social contributions 0 €

VAT paid · after deductions 2 k €

VAT refunded by the state 0 €

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	6 k €	0 €	0 €	2 k €	0 €
2026 Q2	34 k €	1 k €	2 k €	18 k €	0 €
2026 Q1	8 k €	3 k €	6 k €	720 €	2 k €
2025 Q4	-2010 €	6 k €	16 k €	50 €	24 k €
2024	10 k €	41 k €	77 k €	—	—
2023	21 k €	43 k €	82 k €	—	—
2022	165 k €	35 k €	68 k €	—	—

Financial health · From the 2017 balance sheet

Net profit205 k €

Total assets989 k €

Equity382 k €

Current ratio1.3

Quick ratio1.0

Debt to equity1.6

Equity ratio38.6%

Return on assets20.8%

Return on equity53.8%

Cross-section against the peer median

Compared with companies under NACE code 52.26 — 24.

Turnover

÷1.1

2.4 M € 2.6 M €

Employees

÷1.2

8 10

Taxes paid

÷6.9

6 k € 40 k €

Payroll

×1.2

226 k € 186 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 38% of peers

Employees

above 33% of peers

This company Peer median · 24

Indicators

Turnover per employee 296 k € ×1.1 of the median

Margin 8.7%

Year on year +78%

Payroll fund estimate 226 k €

Registration number 50103908661

Registered address Rīga, Grēdu iela 4A

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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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
2017	2.4 M €	205 k €	989 k €	8
2016	1.3 M €	166 k €	609 k €	8
2015	274 k €	54 k €	109 k €	6

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 52 — Warehousing and support activities for transportation — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

546.4 M €

Industry goods imports

259.5 M €

Exported most: Prepared foodstuffs, beverages, tobacco — 271.4 M €, Textiles and textile articles — 70.9 M €, Chemical products — 41.2 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.