First Balance Oy is a limited company based in Vantaa, registered in 2009. In the financial year ending 31.12.2025, revenue was 112 t€ and operating profit 159 €; equity ratio 87.7 %. Its taxable income in 2024 was 39 t€ and its income taxes 7 805 €.
Financials
| Key figures | 31.12.2025 | 31.12.2024 | 31.12.2023 |
|---|---|---|---|
| Revenue | 112 t€ | 136 t€ | 167 t€ |
| Revenue change | -17,6 % | -18,6 % | – |
| EBITDA | 159 € | 39 t€ | 76 t€ |
| EBITDA % | 0,1 % | 28,2 % | 45,2 % |
| Operating profit | 159 € | 39 t€ | 76 t€ |
| Operating margin | 0,1 % | 28,2 % | 45,2 % |
| Net profit | -41 € | 31 t€ | 61 t€ |
| Personnel costs | -85 t€ | 81 t€ | 79 t€ |
| Equity ratio | 87,7 % | 90,6 % | 90,8 % |
| Quick ratio | 8,11 | 10,60 | 10,87 |
| Current ratio | 8,11 | 10,60 | 10,87 |
| Debt to revenue | 15,8 % | 15,8 % | 15,5 % |
| Return on equity | -0,0 % | 14,9 % | 23,7 % |
| Balance sheet total | 144 t€ | 228 t€ | 282 t€ |
| Equity | 126 t€ | 206 t€ | 256 t€ |
| Cash and bank | 93 t€ | 177 t€ | 192 t€ |
Balance sheet
Income statement and balance sheet
Income statement
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 112 t€ | 136 t€ | 167 t€ |
| Raw materials and services | 4 797 € | -2 434 € | -223 € |
| Personnel expenses | 85 t€ | -81 t€ | -79 t€ |
| Other operating expenses | 22 t€ | -14 t€ | -13 t€ |
| Operating profit (loss) | 159 € | 39 t€ | 76 t€ |
| Financial income and expenses + (-) | 168 € | 1 € | -41 € |
| Profit (loss) before appropriations and taxes | -9 € | 39 t€ | 76 t€ |
| Income taxes | 32 € | -7 812 € | -15 t€ |
| Profit (loss) for the financial year | -41 € | 31 t€ | 61 t€ |
Balance sheet
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Receivables | 51 t€ | 51 t€ | 89 t€ |
| Cash in hand and at banks | 93 t€ | 177 t€ | 192 t€ |
| Current assets | 144 t€ | 228 t€ | 282 t€ |
| Assets | 144 t€ | 228 t€ | 282 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 126 t€ | 206 t€ | 256 t€ |
| Short-term liabilities | 18 t€ | 22 t€ | 26 t€ |
| Liabilities | 18 t€ | 22 t€ | 26 t€ |
All financial statement items (33)
| 31.12.2025 | 31.12.2024 | 31.12.2023 | |
|---|---|---|---|
| Turnover | 112 t€ | 136 t€ | 167 t€ |
| Raw materials and services | 4 797 € | -2 434 € | -223 € |
| Personnel expenses | 85 t€ | -81 t€ | -79 t€ |
| Other operating expenses | 22 t€ | -14 t€ | -13 t€ |
| Operating profit (loss) | 159 € | 39 t€ | 76 t€ |
| Financial income and expenses + (-) | 168 € | 1 € | -41 € |
| Profit (loss) before appropriations and taxes | -9 € | 39 t€ | 76 t€ |
| Income taxes | 32 € | -7 812 € | -15 t€ |
| Profit (loss) for the financial year | -41 € | 31 t€ | 61 t€ |
| Receivables | 51 t€ | 51 t€ | 89 t€ |
| Cash in hand and at banks | 93 t€ | 177 t€ | 192 t€ |
| Current assets | 144 t€ | 228 t€ | 282 t€ |
| Assets | 144 t€ | 228 t€ | 282 t€ |
| Share capital or other similar capital | 2 500 € | 2 500 € | 2 500 € |
| Capital and reserves | 126 t€ | 206 t€ | 256 t€ |
| Short-term liabilities | 18 t€ | 22 t€ | 26 t€ |
| Liabilities | 18 t€ | 22 t€ | 26 t€ |
| Short-term sales receivables | 29 t€ | 42 t€ | 89 t€ |
| Pension expenses | 18 t€ | -15 t€ | -13 t€ |
| Profit (loss) for the period, equity | -41 € | 31 t€ | 61 t€ |
| Interest expenses and other financial expenses for non-Group companies | 168 € | 0 € | -41 € |
| Short-term receivables | 51 t€ | 51 t€ | 89 t€ |
| Liabilities | 144 t€ | 228 t€ | 282 t€ |
| Wages and salaries | 60 t€ | -60 t€ | -60 t€ |
| Services purchased | 4 797 € | -2 405 € | -223 € |
| Other social security expenses | 7 499 € | -6 290 € | -6 187 € |
| Short-term accounts payable | 130 € | 113 € | 139 € |
| Short-term accrued expenses and deferred income | 5 807 € | 5 848 € | 8 104 € |
| Other short-term receivables | 22 t€ | 8 875 € | 330 € |
| Other interest and financial income from non-group companies | 0 € | 1 € | 0 € |
| Other current liabilities | 12 t€ | 16 t€ | 18 t€ |
| Purchases during the financial year | 0 € | -29 € | 0 € |
| Retained earnings | 124 t€ | 173 t€ | 193 t€ |
From financial statements filed digitally (XBRL) with the Finnish Patent and Registration Office; ratios calculated from them. Equity ratio = (equity + accumulated appropriations) / (balance sheet total − advances received).
Taxes
Measured by taxable income, First Balance Oy is in the upper half of the industry class business and other management consultancy activities (7664 companies with taxable income; median 16 t€, 2,5 times the median).
Taxable income is the profit as calculated for taxation, not revenue. Public data from the Finnish Tax Administration; figures for 2025 are published in November 2026.
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