Company · 61.10 · Telecommunications

SIA DEREX

Address confidence: Confirmed

Show on the map Company website Sector: Information and communication

Turnover · 2025

5.5 M €

-20% vs previous year

Employees

Turnover per employee: 57 k €

Taxes paid · 2024

165 k €

Payroll fund / employees: 8 k €

Payroll fund · 2024 estimate

789 k €

Wage estimate, gross: 671 €

Tax breakdown · 2026 Q3

Total paid to VID 11 k €

Personal income tax 1 k €

Social contributions 12 k €

VAT paid · after deductions 2 k €

VAT refunded by the state 5 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	11 k €	1 k €	12 k €	2 k €	5 k €
2026 Q2	20 k €	7 k €	23 k €	2 k €	12 k €
2026 Q1	62 k €	29 k €	66 k €	5 k €	38 k €
2025 Q4	218 k €	108 k €	186 k €	62 k €	138 k €
2024	165 k €	145 k €	269 k €	—	—
2023	573 k €	120 k €	275 k €	—	—
2022	149 k €	98 k €	217 k €	—	—

Financial health · From the 2025 balance sheet

Net profit59 k €

Total assets4.9 M €

Equity2.9 M €

Current ratio1.9

Quick ratio1.8

Debt to equity0.7

Equity ratio58.8%

Return on assets1.2%

Return on equity2.1%

Cross-section against the peer median

Compared with companies under NACE code 61.10 — 24.

Turnover

×3.8

5.5 M € 1.4 M €

Employees

×13

96 8

Taxes paid

÷4.1

11 k € 44 k €

Payroll

×5.4

789 k € 145 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 75% of peers

Employees

above 88% of peers

This company Peer median · 24

Indicators

Turnover per employee 57 k € ×0.3 of the median

Margin 1.1%

Year on year -20%

Payroll fund estimate 789 k €

Registration number 51503050951

Registered address Daugavpils, Spaļu iela 1P

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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PING-WIN

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Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

1.8 M €

Contracts

Latest contract: 2025-04-16

Largest buyer

Daugavpils 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	5.5 M €	59 k €	4.9 M €	96
2024	6.9 M €	40 k €	5.2 M €	98
2023	5.8 M €	30 k €	5.0 M €	81
2022	3.4 M €	1.4 M €	4.9 M €	59
2021	2.9 M €	427 k €	2.5 M €	69
2020	3.2 M €	692 k €	2.5 M €	52

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 61 — Telecommunications — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

20.5 M €

Industry goods imports

114.0 M €

Exported most: Machinery and electrical equipment — 20.2 M €, Optical and precision instruments, clocks — 267 k €, Miscellaneous manufactured articles — 15 k €

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.