Balance SIA · Latvia
Balance SIA has handled accounting for Latvian companies, associations and foundations since 2000 — from day-to-day bookkeeping through to the annual report and representation before the State Revenue Service. Our liability is covered by professional indemnity insurance.
Company registered in the Latvian Commercial Register
In accounting outsourcing, since 2000
Accountants on the team
Active client companies and organisations
Accounting software we work with
Services
You choose the scope — from full bookkeeping down to a single annual report. In every arrangement, responsibility for filing with the state authorities stays with us.
01
Full bookkeeping for your company, or the chief accountant function if you already have staff handling data entry.
02
We prepare and file the annual report even when day-to-day bookkeeping is done in-house or by another accountant.
03
If you are hiring an accountant in-house, candidates are assessed by an accountant rather than by a recruitment agency.
Experience
Our client base is deliberately varied — from dormant companies with no turnover to a construction company whose monthly payroll covers more than 100 people.
Accounting software
At its core Moneo is a financial management system, extended with business process management features. It exchanges data with other systems, so part of the data entry can be done by your own staff while the postings and reports are handled by our accountants.
Scope of work
We do not name individual clients — accounting data is confidential. Instead, here are the numbers for the companies we currently serve.
Combined annual turnover of client companies
Annual turnover range of a single client
Taxes paid by client companies in one year
People employed by client companies
Distinct industries (NACE divisions)
Payslips we produce each month for our largest client
Turnover, taxes and industries — compiled from annual report financial data published by the Latvian Register of Enterprises and from the State Revenue Service public database (turnover per the latest filed annual reports, other figures for 2024). Headcount is the State Revenue Service annual average, so the actual number of people paid is higher. Payroll volume — from our own records.
Contact
Write or call — tell us what your company does and roughly how many documents you handle per month. We will come back with what we can offer and what it costs.
Office
Bērzaunes iela 6a, Riga, LV-1039, Latvia
Registered address
Ālantu iela 2C, Riga, LV-1030, Latvia
