What is the main business of Balticad Networks?

The main business activity of Balticad Networks focuses on non-specialised wholesale trade.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on August 29, 2018.

Where is the headquarters located?

The headquarters is located at: ul. Limbowa 23, 80-175 Gdańsk.

Who is on the management board?

The management board consists of: Krzysztof Ryszard Kora (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 10,000 (approx. $2,701).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.

What was the revenue?

The company reported a revenue of $65,774 in 2025, which is an increase of 32738870.0% compared to 2024.

Is the company profitable?

Yes, in 2025 the company was profitable, achieving a net profit of $1,924.

What is the largest operating cost?

The largest operating cost category falls under external services. This category amounted to $63,850 in 2025, representing 100% of all operating expenses.

Balticad Networkssp. z o.o.

Non-specialised wholesale trade

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2018-08-29

Share capital

10 000,00 PLN

Activity description

Balticad Networks is a retailer specializing in electronic components and wireless solutions, including M2M solutions, industrial computers, and GSM devices. They offer a wide range of products such as 5G antennas, LTE/5G routers, and various connectors and cables. Additionally, Balticad is an official distributor of Quectel, a leading provider of IoT solutions.

Registered address

ul. Limbowa 23, 80-175 Gdańsk, Poland

Website

balticad.eu

Phone

Social media

Financials

Revenue history (in k)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 65.77kMedianUSD 614.05kAverageUSD 7.52m

Net profit

This companyUSD 1.92kMedianUSD 12.08kAverageUSD 230.15k

Operating costs

This companyUSD 63.85kMedianUSD 566.36kAverageUSD 6.98m

Assets

This companyUSD 56.44kMedianUSD 363.48kAverageUSD 3.39m

Industry

Bank accounts

Registered as a VAT taxpayer on 2018-09-13. Active

Nest Bank
66 1870 1045 2078 1083 4836 0004
Nest Bank
93 1870 1045 2078 1083 4836 0003
Nest Bank
50 1870 1045 2078 1083 4836 0001

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Public aid

Grant date	Purpose	Gross amount	Granting body
Jun 1, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,282$1,282	Prezydent Miasta Lublin

Tenders

No recorded participation in tenders.

Authorized Representatives

Krzysztof Ryszard Kora — President of the Management Board

Manner of representation

In the event of the appointment of a multi-member management board, declarations of will on behalf of the company shall be submitted by at least two members of the management board.

Ownership

Owner	Shares	Share value	Stake
Krzysztof Ryszard Kora (45)	160	$2,160.99	80%
Malwina Agnieszka Kora (41)	40	$540.25	20%

Krzysztof Ryszard Kora and Malwina Agnieszka Kora hold a combined 100% – the ownership structure indicates family control.

Beneficial owners

Person	Rights
Krzysztof Ryszard Kora (45)	Shareholder of a limited liability company, 8000.0 PLN

Competitors

Name	Revenue	Website
4PPLsp. z o.o.	$577,114.43	4ppl.pl
Media Smart Groupsp. z o.o.	$413,292.51	mediasmart.pl
Compaxsp. z o.o.	$409,973.84	compax.pl
Telkassp. z o.o.	$54,998.09	telkas.pl
Cellantennasp. z o.o.	$36,021.20	cellantenna.pl

Change history

Date	Event
2024-11-04	Address change (Ul. Jana Heweliusza 11/819, 80-890, Gdańsk → Ul. Limbowa 23, 80-175, Gdańsk)
2024-11-04	Name change (Bunkering → Balticad Networks)
2024-11-04	PKD change (Removed: 46.18.Z, 47.41.Z, 47.42.Z, 61.90.Z, 62.02.Z, 64.19.Z, 69.20.Z, 70.21.Z; Added: 26.20.Z, 33.13.Z, 46.52.Z, 46.69.Z, 47.91.Z, 61.10.Z, 71.12.Z, 72.19.Z)
2024-10-13	Business resumed
2024-02-01	PKD change (Removed: 46.71.Z, 46.75.Z, 50.20.Z, 52.10.B, 52.24.A, 52.24.C, 52.29.A, 52.29.C, 77.39.Z; Added: 46.18.Z, 46.51.Z, 47.41.Z, 47.42.Z, 61.90.Z, 62.02.Z, 64.19.Z, 69.20.Z, 70.21.Z)

FAQ

Last updated: 2026-07-16