Fundies.
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Special Closed-Ended Type Real Estate Investment Company INVL BALTIC REAL ESTATE

ESEF
Report (type unavailable) · filed 2026-03-18

Annual consolidated revenue for 2025: about EUR 4.104M, using the latest reported figures. The previous period, 2024, was about EUR 3.992M.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Latest fiscal year

Revenue

4.1 million EUR

2025 · EUR

Exact inputs and evidence

Operating margin

113.43%

2025 · %

Exact inputs and evidence
  • Operating Income: 4655000 EUR Source
  • Revenue: 4104000 EUR Source

Operating cash flow

2.19 million EUR

2025 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 2187000 EUR Source

Free cash flow

2.17 million EUR

2025 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 2187000 EUR Source
  • Capital Expenditure: 15000 EUR Source
Cash and cash equivalents
801 thousand EUR Source
Exact value

801000 EUR

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-03-18.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2025-12-31
  • Operating income: 6 of 11 periods available· newest 2025-12-31
  • Net income: 6 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 6 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 6 of 11 periods available· newest 2025-12-31
  • Total assets: 6 of 11 periods available· newest 2025-12-31
  • Total liabilities: 6 of 11 periods available· newest 2025-12-31
  • Current assets: 6 of 11 periods available· newest 2025-12-31
  • Current liabilities: 6 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 6 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +2.8%

    Prior period

    EUR 3.99 million

    –

    Current period

    EUR 4.1 million

    –

    Exact inputs and evidence

    4104000 − 3992000 = 112000 EUR

    3992000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    4104000 EUR · 2025-01-01 – 2025-12-31

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  • Net income

    +33.9%

    Prior period

    EUR 2.74 million

    –

    Current period

    EUR 3.67 million

    –

    Exact inputs and evidence

    3667000 − 2739000 = 928000 EUR

    2739000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3667000 EUR · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +4.5%

    Prior period

    EUR 2.09 million

    –

    Current period

    EUR 2.19 million

    –

    Exact inputs and evidence

    2187000 − 2093000 = 94000 EUR

    2093000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2187000 EUR · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +36.4%

    Prior period

    EUR 11,000

    –

    Current period

    EUR 15,000

    –

    Exact inputs and evidence

    15000 − 11000 = 4000 EUR

    11000 EUR · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    15000 EUR · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue EUR 4.1 million 100% of revenue
  • Operating costs Derived −EUR 551,000 −13% of revenue
  • Operating income EUR 4.66 million 113% of revenue
  • Tax, interest and other Derived EUR 988,000 24% of revenue
  • Net income EUR 3.67 million 89% of revenue

Cash

  • Operating cash flow EUR 2.19 million 53% of revenue
  • Capital expenditure EUR 15,000 0.4% of revenue
  • Free cash flow Derived EUR 2.17 million 53% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 Net income was higher than operating income, so the split is not drawn.
  • 2021 Net income was higher than operating income, so the split is not drawn.
  • 2022 Net income was higher than operating income, so the split is not drawn.
  • 2023 19%29%51%
  • 2024 Net income was higher than operating income, so the split is not drawn.
  • 2025 Net income was higher than operating income, so the split is not drawn.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-313901000 -1971000 Derived 5872000 456000 Derived 5416000 -70000 Derived
Source
2021 2021-01-01 – 2021-12-312733000 -936000 Derived 3669000 270000 Derived 3399000 1132000 Derived
Source
2022 2022-01-01 – 2022-12-313412000 -1211000 Derived 4623000 399000 Derived 4224000 -247000 Derived
Source
2023 2023-01-01 – 2023-12-313631000 1864000 Derived 1767000 1068000 Derived 699000 1717000 Derived
Source
2024 2024-01-01 – 2024-12-313992000 -50000 Derived 4042000 1303000 Derived 2739000 2082000 Derived
Source
2025 2025-01-01 – 2025-12-314104000 -551000 Derived 4655000 988000 Derived 3667000 2172000 Derived
Source

Amounts are exact, in EUR.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

EUR 4.1M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.4M3.3M2.2M1.1M0.0202020232025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Revenue3901000
2021Revenue2733000
2022Revenue3412000
2023Revenue3631000
2024Revenue3992000
2025Revenue4104000

Revenue growth

Change in revenue from the same financial period one year earlier.

2.8% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.29%13%-3%-18%-34%202020232025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year-29.9%
2022Year over year24.8%
2023Year over year6.4%
2024Year over year9.9%
2025Year over year2.8%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 113.4% 2025
Net margin 89.4% 2025
Free cash flow margin 52.9% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.163%117%72%26%-20%202020232025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin150.5%
2021Operating margin134.2%
2022Operating margin135.5%
2023Operating margin48.7%
2024Operating margin101.3%
2025Operating margin113.4%
2020Net margin138.8%
2021Net margin124.4%
2022Net margin123.8%
2023Net margin19.3%
2024Net margin68.6%
2025Net margin89.4%
2020Free cash flow margin-1.8%
2021Free cash flow margin41.4%
2022Free cash flow margin-7.2%
2023Free cash flow margin47.3%
2024Free cash flow margin52.2%
2025Free cash flow margin52.9%

Operating cash flow

Cash generated by the company’s normal business operations.

EUR 2.2M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.4M1.7M992.5K299.7K-393.1K202020232025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Operating cash flow139000
2021Operating cash flow1163000
2022Operating cash flow-202000
2023Operating cash flow1734000
2024Operating cash flow2093000
2025Operating cash flow2187000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

EUR 2.2M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.4M1.7M962.5K261.0K-440.5K202020232025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Free cash flow-70000
2021Free cash flow1132000
2022Free cash flow-247000
2023Free cash flow1717000
2024Free cash flow2082000
2025Free cash flow2172000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

42.8% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.51%38%26%13%0%202020232025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets31.2%
2021Liabilities / assets38.6%
2022Liabilities / assets39.7%
2023Liabilities / assets47.2%
2024Liabilities / assets44.3%
2025Liabilities / assets42.8%

Current assets to current liabilities

Current assets divided by current liabilities.

0.2× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.13.21×9.91×6.61×3.30×0.00×202020232025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities12.23×
2021Current assets / current liabilities0.79×
2022Current assets / current liabilities0.95×
2023Current assets / current liabilities0.9×
2024Current assets / current liabilities1×
2025Current assets / current liabilities0.2×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
EUR 5.42 million
Exact value

Exact value: 5416000 EUR

2020-01-01 – 2020-12-31: 5416000 EUR Inspect Net Income Open source
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EUR 139,000
Exact value

Exact value: 139000 EUR

2020-01-01 – 2020-12-31: 139000 EUR Inspect Operating Cash Flow Open source
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EUR 209,000
Exact value

Exact value: 209000 EUR

2020-01-01 – 2020-12-31: 209000 EUR Inspect Capital Expenditure Open source
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−EUR 70,000
Calculation and evidence

139000 − 209000 EUR

Exact free cash flow: -70000 EUR

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2021 2021-01-01 – 2021-12-31
EUR 3.4 million
Exact value

Exact value: 3399000 EUR

2021-01-01 – 2021-12-31: 3399000 EUR Inspect Net Income Open source
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EUR 1.16 million
Exact value

Exact value: 1163000 EUR

2021-01-01 – 2021-12-31: 1163000 EUR Inspect Operating Cash Flow Open source
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EUR 31,000
Exact value

Exact value: 31000 EUR

2021-01-01 – 2021-12-31: 31000 EUR Inspect Capital Expenditure Open source
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EUR 1.13 million
Calculation and evidence

1163000 − 31000 EUR

Exact free cash flow: 1132000 EUR

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2022 2022-01-01 – 2022-12-31
EUR 4.22 million
Exact value

Exact value: 4224000 EUR

2022-01-01 – 2022-12-31: 4224000 EUR Inspect Net Income Open source
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−EUR 202,000
Exact value

Exact value: -202000 EUR

2022-01-01 – 2022-12-31: -202000 EUR Inspect Operating Cash Flow Open source
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EUR 45,000
Exact value

Exact value: 45000 EUR

2022-01-01 – 2022-12-31: 45000 EUR Inspect Capital Expenditure Open source
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−EUR 247,000
Calculation and evidence

-202000 − 45000 EUR

Exact free cash flow: -247000 EUR

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2023 2023-01-01 – 2023-12-31
EUR 699,000
Exact value

Exact value: 699000 EUR

2023-01-01 – 2023-12-31: 699000 EUR Inspect Net Income Open source
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EUR 1.73 million
Exact value

Exact value: 1734000 EUR

2023-01-01 – 2023-12-31: 1734000 EUR Inspect Operating Cash Flow Open source
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EUR 17,000
Exact value

Exact value: 17000 EUR

2023-01-01 – 2023-12-31: 17000 EUR Inspect Capital Expenditure Open source
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EUR 1.72 million
Calculation and evidence

1734000 − 17000 EUR

Exact free cash flow: 1717000 EUR

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2024 2024-01-01 – 2024-12-31
EUR 2.74 million
Exact value

Exact value: 2739000 EUR

2024-01-01 – 2024-12-31: 2739000 EUR Inspect Net Income Open source
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EUR 2.09 million
Exact value

Exact value: 2093000 EUR

2024-01-01 – 2024-12-31: 2093000 EUR Inspect Operating Cash Flow Open source
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EUR 11,000
Exact value

Exact value: 11000 EUR

2024-01-01 – 2024-12-31: 11000 EUR Inspect Capital Expenditure Open source
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EUR 2.08 million
Calculation and evidence

2093000 − 11000 EUR

Exact free cash flow: 2082000 EUR

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2025 2025-01-01 – 2025-12-31
EUR 3.67 million
Exact value

Exact value: 3667000 EUR

2025-01-01 – 2025-12-31: 3667000 EUR Inspect Net Income Open source
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EUR 2.19 million
Exact value

Exact value: 2187000 EUR

2025-01-01 – 2025-12-31: 2187000 EUR Inspect Operating Cash Flow Open source
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EUR 15,000
Exact value

Exact value: 15000 EUR

2025-01-01 – 2025-12-31: 15000 EUR Inspect Capital Expenditure Open source
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EUR 2.17 million
Calculation and evidence

2187000 − 15000 EUR

Exact free cash flow: 2172000 EUR

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

9 filings · 329 latest values · 329 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 529900GSTEOHKA0R1M59, esef:529900GSTEOHKA0R1M59