Overview
Status
Active
Registry date
2020-05-12
Share capital
5,000.00 PLN
Registered address
ul. Barycka 36F, 86-005 Białe Błota, Poland
Electronic delivery address
AE:PL-77349-22368-JHATB-32
Financials
Revenue history (in k)
Filing timeliness
Financial statements were filed on time, on average 17 days early.
- 202513/07/2026
- 202430/06/2025
- 202306/06/2024
- 202207/07/2023
- 202110/06/2022
- 202013/10/2021
Filed on timeDelayFiling deadline
Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.
Statistics
How the company ranks by revenue within its industry, city, voivodeship and across Poland in 2025.
Sector · Electricity, gas, steam, hot water and air conditioning manufacturing and968 / 6,507
Top 15%
Results vs industry
Revenue
This companyUSD 1.09mMedianUSD 9.52kAverageUSD 3.13m
Net profit
This companyUSD -622.07kMedianUSD -6.16kAverageUSD -369.58k
Operating costs
This companyUSD 799.51kMedianUSD 19.84kAverageUSD 3.32m
Assets
This companyUSD 27.50mMedianUSD 435.31kAverageUSD 9.23m
Industry
Authorized Representatives
Adnan Wael Qaraqish – Attorney-in-fact (sole)
Michał Radosław Czajkowski – Management Board Member
Hasan Wael Qaraqish – President of the Management Board
Manner of representation
Each member of the management board is independently authorized to make declarations of will and sign on behalf of the company.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
| 100 | $1,350.62 | 100% |
Beneficial owners
| Person | Rights |
|---|---|
Bank accounts
Registered as a VAT taxpayer on 2020-07-01.
78 1020 1026 0000 1002 0713 7757
79 1020 1026 0000 1202 0713 7641
03 1020 1026 0000 1802 0713 7260
Debt
No entries in the National Debtors Register (KRZ).
Real estate
| Type | Amount |
|---|---|
Buildings and premises | PLN 3.1MPLN 3,149,245 |
Public aid
15 public aid cases recorded, with a total value of $35,841.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Aug 12, 2026 | Operating aid for the promotion of energy from renewable sources | –– | Zarządca Rozliczeń S.A. | |
| Aug 12, 2026 | Operating aid for the promotion of energy from renewable sources | –– | Zarządca Rozliczeń S.A. | |
| Aug 12, 2026 | Operating aid for the promotion of energy from renewable sources | –– | Zarządca Rozliczeń S.A. |
Regulatory authorisations
| Authority | Type | Status | |
|---|---|---|---|
| Electricity generation | Active | ||
| BDO register entry | Active |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Biogazownia Rypinsp. z o.o. | $3,759,332.04 | biogazrypin.pl | ||
| Polenergia Farma Fotowoltaiczna Sulechówsp. z o.o. | $1,545,193.79 | polenergia.pl | ||
| GI Hrubieszówsp. z o.o. | $1,522,193.07 | gi-hrubieszow.pl | ||
| Biogazownia Skarżynsp. z o.o. | $1,563,306.80 | biogazowniaskarzyn.pl | ||
| Odnawialne Źródła Energii Dimsp. z o.o. | $1,136,717.49 | mewsa.pl | ||
| Solar Sgesp. z o.o. + limited partnership | $1,056,770.42 | solaronline.pl | ||
| Gwarant Inwestycjesp. z o.o. | $877,140.34 | gwarantgk.pl | ||
| Energa Storagesp. z o.o. | $818,181.82 | energa.pl | ||
| Ekologiczna Elektrownia Wiatrowa 21sp. z o.o. | $804,648.70 | energyinvestgroup.pl | ||
| Eko-Projekt Krzysztof DziewickiS.K.A. | $141,306.25 | eko-projekt.org |
Change history
| Date | Event | |
|---|---|---|
| 2023-10-20 | Address change (Ul. Jana I Jędrzeja Śniadeckich 21, 85-011, Bydgoszcz → Ul. Barycka 36f, 86-005, Białe Błota) | |
| 2020-05-12 | Entered in the register |
FAQ
The main business activity of PVE 120 focuses on production of electricity from non-renewable sources.
The company was registered in the Polish National Court Register (KRS) on May 12, 2020.
The headquarters is located at: ul. Barycka 36F, 86-005 Białe Błota.
The management board consists of: Michał Radosław Czajkowski (Member of the Management Board) and Hasan Wael Qaraqish (President of the Management Board).
The share capital of the company is PLN 5,000 (approx. $1,351).
The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.
The company reported a revenue of USD 1,091,209 in 2025, which is an increase of 2401.5% compared to 2024.
No, in 2025 the company was not profitable, reporting a net loss of USD 622,066. For comparison, in 2024 the loss was USD 121,324, meaning the company increased its loss by 411.6%.
The largest operating cost category falls under external services. This category amounted to USD 566,533 in 2025, representing 71% of all operating expenses.
Last updated: 2026-10-03