Company · 62.10 · Computer programming and IT consultancy

SIA Meditec AB

Address confidence: Confirmed

Show on the map Find website Sector: Information and communication

Turnover · 2025

3.3 M €

+19% vs previous year

Employees

Turnover per employee: 73 k €

Taxes paid · 2024

1.1 M €

Payroll fund / employees: 29 k €

Payroll fund · 2024 estimate

1.3 M €

Wage estimate, gross: 2,290 €

Tax breakdown · 2026 Q3

Total paid to VID 406 k €

Personal income tax 62 k €

Social contributions 116 k €

VAT paid · after deductions 109 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	406 k €	62 k €	116 k €	109 k €	0 €
2026 Q2	324 k €	63 k €	121 k €	140 k €	0 €
2026 Q1	352 k €	57 k €	112 k €	183 k €	0 €
2025 Q4	357 k €	70 k €	133 k €	154 k €	0 €
2024	1.1 M €	241 k €	440 k €	—	—
2023	0 €	0 €	0 €	—	—

Financial health · From the 2025 balance sheet

Net profit597 k €

Total assets2.1 M €

Equity1.6 M €

Current ratio2.8

Quick ratio2.8

Debt to equity0.3

Equity ratio76.7%

Return on assets28.6%

Return on equity37.3%

Cross-section against the peer median

Compared with companies under NACE code 62.10 — 24.

Turnover

÷1.0

3.3 M € 3.4 M €

Employees

×1.3

45 34

Taxes paid

×1.6

406 k € 262 k €

Payroll

÷1.1

1.3 M € 1.4 M €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 42% of peers

Employees

above 79% of peers

This company Peer median · 24

Indicators

Turnover per employee 73 k € ×0.7 of the median

Margin 18.3%

Year on year +19%

Payroll fund estimate 1.3 M €

Registration number 50203526301

Registered address Rīga, Dzirnavu iela 91 - 5

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

5.5 M €

won jointly: 7

Contracts

Latest contract: 2026-08-30

Largest buyer

Valsts digitālās attīstības aģentūra

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	3.3 M €	597 k €	2.1 M €	45
2024	2.8 M €	158 k €	1.4 M €	49
2023	0 €	0 €	3 k €	0

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 62 — Computer programming and IT consultancy — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

23.2 M €

Industry goods imports

22.0 M €

Exported most: Machinery and electrical equipment — 9.1 M €, Vehicles and transport equipment — 8.2 M €, Optical and precision instruments, clocks — 3.6 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.