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Company profile

Sabiedrība ar ierobežotu atbildību "Balt Brand"

Limited Liability Company

Reg. no.
40103670425
Registered
2013-05-15
VAT number
LV40103670425
Latest report 2025 · EURExplore financials
Net turnover
€1 193k
102.2%
vs 2024 · €590k
Net profit
€131k
4 799.4%
vs 2024 · €2 674
Equity
€2 414k
5.4%
vs 2024 · €2 290k
Employees
13
No change
vs 2024 · 13
Registry data synchronized 2026-09-11Sources & update dates

Company profile

Company details

Legal name
Sabiedrība ar ierobežotu atbildību "Balt Brand"
Legal registration status
Registered
Legal form
Limited Liability Company
Register
Commercial Register
NACE 2.1
28.99 · Manufacture of other special-purpose machinery n.e.c.↗
Share capital
€15,005.00
Taxpayer rating
A - Good compliance↗

Map

Tax & compliance

Some checks unavailable

Unavailable sources are not treated as clear results.

Compliance checks

  • VAT registered ↗Yes
  • Insolvency proceedingsClear
  • Activity suspensionClear
  • Missing tax declarationsUnavailable
  • Registry sanctionsClear
  • Securing measuresClear
  • LiquidationClear
  • Tax debtUnavailable

These sanctions checks cover the company and related-person flags supplied by the Register of Enterprises. They are not comprehensive international sanctions or PEP screening.

Published VID values may be inaccurate and are informational. They are not an authoritative clearance certificate. Verify the amounts with VID before making a decision. Check official VID public data ↗

Relationships

Current relationships

Explore this company’s network

People, roles and linked companies, connected in one place.

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Taxes paid

Company tax payments reported by VID, with the reporting period shown beside each amount.

Taxes paid — latest available periods

Latest annual record

2025

€242,500

27.2%

Total VID-administered taxes

Employees: 13

Compared with 2024: €190,590 · Change: €51,910

Source status:Current

FTM last synchronized this dataset: 2026-09-17

Open official dataset

Latest quarterly record

2026 · Q2

€24,130

48.2%

Total VID-administered taxes

Employees: 14

Compared with 2025 · Q2: €46,600 · Change: €-22,470

Source status:Current

FTM last synchronized this dataset: 2026-09-23

Open official dataset

Synchronization dates show when FTM received the data. They do not change the reporting year or quarter.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

View detailed tax tables

Insolvency proceedings

Proceedings reported by the available insolvency sources.

Insolvency history

No insolvency records found

No matching records for this company were found in the latest available Company Register insolvency dataset.

Source: insolvency dataset of the Register of Enterprises of the Republic of Latvia.

Tax information and VID checks

Taxpayer rating

A

Good compliance: no significant tax-compliance risks.

VID published explanation
Laba saistību izpilde
Rating effective date
2026-08-12
What all rating classes mean
A
Good compliance: no significant tax-compliance risks.
B
Compliance needs improvement in one or more areas, such as declarations, tax calculation or payment, remuneration indicators, or registration risks.
C
Compliance violations: the company has been removed from the VAT register for violations or VID has suspended its economic activity.
N
Inactive taxpayer: VID data indicates no active economic activity or only minimal declared activity.
J
Newly registered taxpayer: established within the last six months and without enough operating history for a fuller assessment.

The taxpayer rating is VID’s informative assessment of tax-compliance performance. It is not an assessment of the company’s commercial activity or overall creditworthiness.

Read the official VID rating methodology

VID status overview

  • VID activity suspension

    No active suspension
  • Public-benefit status

    No record found

“No record found” means the source is available but contains no matching company record; it is not the same as an unavailable source.

VAT payer status and history

Active

FTM last synchronized this dataset: 2026-09-25

Open official dataset
  • LV40103670425Active
    Registered from
    2013-10-11
    Deregistered on
    —
    Additional flags
    No additional flags reported

Taxes paid in prior fiscal years

Latest available reporting year: 2025

FTM last synchronized this dataset: 2026-09-17

Synchronization dates show when FTM received the data. They do not change the reporting year or quarter.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

Amounts are published by VID in thousands of euros.

Quarterly taxes paid

Latest available reporting quarter: 2026 - Q2

FTM last synchronized this dataset: 2026-09-23

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

Amounts are published by VID in thousands of euros.

  • 2026 - Q224.13 thousand EUR
    VAT paid
    -0.05
    VAT refunded
    13.13
    IIN
    10.22
    VSAOI
    24.37
    Employees
    14
  • 2026 - Q165.66 thousand EUR
    VAT paid
    9
    VAT refunded
    5.2
    IIN
    10.62
    VSAOI
    25.14
    Employees
    14

Amounts are published by VID in thousands of euros.Q — quarter

Current VID checks

These VID checks run automatically when you open a company profile. Results are cached for up to 12 hours; you can check again below.

Tax debt

Delayed

VID reports no tax debt exceeding €150. This does not establish a zero balance.

Result date: 2026-09-18 · Query date: 2026-09-18

Checked 22 Sept 2026, 18:01

Showing the last successful result from 2026-09-22

Published VID values may be inaccurate and are informational. They are not an authoritative clearance certificate. Verify the amounts with VID before making a decision.

Verify with VID

Missing tax declarations

Latvian State Revenue Service (VID) · Checked 2026-09-22 · Showing the last successful result from 2026-09-22

Delayed
Verify with VID

Structural units

Latvian State Revenue Service (VID) · Provider updated 2026-09-22 · Checked 2026-09-22 · Showing the last successful result from 2026-09-22

Delayed
Show records

Current: 4 · Historical: 0

  • Uzglabāšanas laukumsActive

    Rīgas iela 117, Salaspils, Salaspils nov., LV-2169

    91415973537· 2021-09-30

  • Biroja telpasActive

    Rīgas iela 115A, Salaspils, Salaspils nov., LV-2169

    91412671813· 2021-04-06

  • ZEMESGABALS ANGĀRA BŪVNIECĪBAIActive

    Rīgas iela 115B, Salaspils, Salaspils nov., LV-2169

    90010675464· 2015-12-14

  • Ražošanas cehsActive

    Rīgas iela 115, Salaspils, Salaspils nov., LV-2169

    90010540550· 2015-05-28

Verify with VID

Officers & ownership

Members

Current: 3 · Historical: 7

  • Zīverts Arnis

    16.99% ownership · 2020-11-25

    Current
    Additional information
    From
    2020-11-19
    Registered
    2020-11-25
    Shares
    510
    Nominal value
    5 EUR
    Ownership
    16.99434%
    Personally liable
    No
    Country
    Latvia
    Country of residence
    Latvia
    Last changed
    2020-11-25
  • Current
    Additional information
    From
    2020-11-19
    Registered
    2020-11-25
    Shares
    1470
    Nominal value
    5 EUR
    Ownership
    48.98367%
    Personally liable
    No
    Country
    Latvia
    Address
    Rīga, Vīlandes iela 3 - 7
    Registration number
    40103697913
    Last changed
    2025-04-03
  • Current
    Additional information
    From
    2020-11-19
    Registered
    2020-11-25
    Shares
    1021
    Nominal value
    5 EUR
    Ownership
    34.02199%
    Personally liable
    No
    Country
    Latvia
    Address
    Salaspils nov., Salaspils, Rīgas iela 115A
    Registration number
    40003570038
    Last changed
    2020-11-25

Officers

Current: 4 · Historical: 15

  • Reklaitis Zigmārs

    Chairman of the Supervisory Board · 2022-04-12

    Current
    Additional information
    Position
    Chairman of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2022-04-12
    Registered
    2022-04-12
    Country
    Latvia
    Country of residence
    Latvia
    Last changed
    2022-04-12
  • Martinsons Gundars

    Member of the Board · 2023-01-12

    Current

    Representation rights: Right to represent individually

    Additional information
    Position
    Member of the Board
    Governing body
    Executive Board
    From
    2023-01-12
    Registered
    2023-01-12
    Country
    Latvia
    Representation rights
    Right to represent individually
    Last changed
    2023-01-12
  • Brils Kārlis

    Deputy Chairman of the Supervisory Board · 2022-04-12

    Current
    Additional information
    Position
    Deputy Chairman of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2022-04-12
    Registered
    2022-04-12
    Country
    Latvia
    Last changed
    2022-04-12
  • Keziks Andris

    Member of the Supervisory Board · 2022-04-12

    Current
    Additional information
    Position
    Member of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2022-04-12
    Registered
    2022-04-12
    Country
    Latvia
    Last changed
    2022-04-12

Beneficial owners

Current: 1 · Historical: 3

  • Reklaitis Zigmārs

    other · 2025-10-31

    Current
    Additional information
    From
    2025-10-31
    Registered
    2025-10-31
    Country
    Latvia
    Country of residence
    Latvia
    Means of control
    other · Persona, kas netiešā veidā kontrolē sabiedrību, pamatojoties uz tās līdzdalību komplementārā. · SIA EXPANSION CAPITAL AIFP; ↳ — · Komandītsabiedrība EXPANSION CAPITAL FUND AIF; ↳ ↳ — · Sabiedrība ar ierobežotu atbildību "Balt Brand"; other · Persona, kas netiešā veidā kontrolē sabiedrību, pamatojoties uz tās līdzdalību komplementārā. · Sabiedrība ar ierobežotu atbildību "North Willow Invest"; ↳ — · SIA EXPANSION CAPITAL AIFP; ↳ ↳ — · Komandītsabiedrība EXPANSION CAPITAL FUND AIF; ↳ ↳ ↳ — · Sabiedrība ar ierobežotu atbildību "Balt Brand"
    Last changed
    2025-10-31

Primary business activity (NACE)

28.99

Manufacture of other special-purpose machinery n.e.c.

This class includes: - manufacture of dryers for wood, paper pulp, paper or paperboard and other materials (except for agricultural products and textiles) - manufacture of printing and bookbinding machines, and machines for activities supporting printing on a variety of materials - manufacture of machinery for pr…

Source: CSP · received 2026-09-24

Detailed NACE description

Classification hierarchy

  1. C · MANUFACTURING
  2. 28 · Manufacture of machinery and equipment n.e.c.
  3. 28.9 · Manufacture of other special-purpose machinery
  4. 28.99 · Manufacture of other special-purpose machinery n.e.c.

Includes

This class includes: - manufacture of dryers for wood, paper pulp, paper or paperboard and other materials (except for agricultural products and textiles) - manufacture of printing and bookbinding machines, and machines for activities supporting printing on a variety of materials - manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, etc. - manufacture of semiconductor manufacturing machinery - manufacture of machines for forming foundry moulds - manufacture of industrial robots performing multiple tasks for special purposes - manufacture of diverse special-purpose machinery and equipment, e.g.: • machines to assemble electric or electronic lamps, tubes (valves) or bulbs • machines for the production or hot working of glass or glassware, glass fibres or yarn • machinery or apparatus for isotopic separation - manufacture of tyre alignment and balancing equipment; balancing equipment (except wheel balancing) - manufacture of central greasing systems - manufacture of aircraft launching gear, aircraft carrier catapults and related equipment - manufacture of automatic bowling alley equipment (e.g. pin-setter) - manufacture of roundabouts, swings, shooting galleries and other fairground amusements - manufacture of waste compressing machines - manufacture of plastering machines - manufacture of turnstiles - manufacture of furling systems, used for winding or releasing the running rigging

Excludes

This class excludes: - manufacture of household appliances, see 27.5 - manufacture of photocopy machines, etc., see 28.23 - manufacture of machinery or equipment to work hard rubber, hard plastics or cold glass, see 28.42 - manufacture of ingot moulds, see 28.91 - manufacture of machines for additive manufacturing, see 28.97

Verify this company’s activity at CSP

Financial data

The public view includes the latest 5 reporting years.Sign in to view the complete history →

Profit and loss statement

Revenue, expenses and the result for the reporting year.

Financial values are shown in the report currency.

Revenue and gross result

Net turnover
1,193,457
Cost of goods sold
1,152,691
Gross profit or loss
40,766

Operating expenses

Selling expenses
80,502
Administrative expenses
166,356
Other operating revenue
381,527
Other operating expenses
20,318

Financial activity and annual result

Interest expenses
383
Profit before income tax
154,734
Provision for income taxes
23,723
Profit after income tax
131,011
Net profit or loss
131,011

Recorded company milestones

Dated facts available in the current registry record, newest first. This is not a complete change log. An entry's registration or removal date may differ from the date a change took effect.

  1. Officers and ownership

    Officer's appointment ended

    Zīverts Arnis

    Member of the Supervisory Board

  2. Officers and ownership

    Beneficial ownership started

    Reklaitis Zigmārs

  3. Officers and ownership

    Officer's appointment ended

    Lūsis Andis

    Member of the Supervisory Board

  4. Share capital

    Share capital entry removed

    Registered equity · €15,005

  5. Officers and ownership

    Officer's appointment ended

    Šepte Alvis

    Member of the Board

  6. Officers and ownership

    Officer's appointment ended

    Laizāns Aigars

    Member of the Supervisory Board

  7. Officers and ownership

    Officer appointed

    Martinsons Gundars

    Member of the Board

  8. Officers and ownership

    Officer appointed

    Zīverts Arnis

    Member of the Supervisory Board

  9. Officers and ownership

    Beneficial ownership ended

    Zīverts Arnis

  10. Officers and ownership

    Beneficial ownership ended

    Fricsons Ēriks

  11. Officers and ownership

    Beneficial ownership ended

    Lūsis Andis

  12. Officers and ownership

    Officer's appointment ended

    Reklaitis Zigmārs

    Member of the Supervisory Board

Showing 12 of 85 milestones

Sources & update dates

Data freshness

Registry record last changed
2026-06-02
FTM last checked
2026-09-11
Source last synchronized
2026-09-11

Registry dates describe source changes; checking and synchronization dates describe FTM imports. Missing dates mean this information is unavailable.

Data sources and update frequency

Source status shows whether FTM successfully received the complete dataset. Whether this company has a matching record is shown separately.

View all source details
  • Update frequency
    Every other calendar day, 03:30 Europe/Riga
    Source last synchronized
    2026-09-24
    FTM last checked
    2026-09-24
  • Tax debtDelayed
    Update frequency
    On profile view; up to 12 hours, refreshed after the next working-day 07:00 update
    Source last synchronized
    2026-09-22
    FTM last checked
    2026-09-22
  • VAT statusCurrent
    Update frequency
    Daily
    Source last synchronized
    2026-09-25
    FTM last checked
    2026-09-25
  • Update frequency
    Every 3 days
    Source last synchronized
    2026-09-25
    FTM last checked
    2026-09-25
  • Update frequency
    Missing annual totals calculated after quarterly imports; existing annual records retained
    Source last synchronized
    2026-09-17
    FTM last checked
    —
  • Update frequency
    Every 3 days at 04:15 Europe/Riga from the VID open dataset
    Source last synchronized
    2026-09-23
    FTM last checked
    2026-09-23
  • Update frequency
    Daily
    Source last synchronized
    2026-09-25
    FTM last checked
    2026-09-25
  • Update frequency
    Daily
    Source last synchronized
    2026-09-25
    FTM last checked
    2026-09-25
  • Update frequency
    On profile view (12-hour cache)
    Source last synchronized
    2026-09-22
    FTM last checked
    2026-09-22
  • Update frequency
    On profile view (12-hour cache)
    Source last synchronized
    2026-09-22
    FTM last checked
    2026-09-22

“Available” describes source synchronization; it does not automatically mean this company has a record in that source. Verify on-demand checks on the official VID website before making a decision.

Historical quarters from 2025 Q1 are collected through a one-time manual import from VID SNK2025.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

VID quarterly publication is expected after the 15th following quarter-end, including Q4 in January; availability is not guaranteed on that date. Application refresh times differ from publication times. CSP does not specify a publication cadence here.

Information is compiled from public sources. Verify it in official registers before making legal or financial decisions.