Overview
Status
Active
Registry date
2020-06-26
Share capital
5,000.00 PLN
Registered address
ul. Barycka 36F, 86-005 Białe Błota, Poland
Electronic delivery address
AE:PL-74199-98192-VWSFB-36
Financials
Revenue history (in k)
Financial insight
- The statement flags a going concern risk. Na dzień bilansowy Spółka wykazuje ujemne kapitały własne oraz stratę netto, co wynika z etapu rozwoju oraz poniesionych w latach ubiegłych nakładów inwestycyjnych na projekty farm fotowoltaicznych. Rozpoczęcie sprzedaży energii nastąpiło w 2025 roku po zakończeniu fazy inwestycyjnej. Zarząd Spółki, pomimo poniesionej straty, nie identyfikuje zagrożeń dla kontynuacji działalności. Spółka spełnia kowenanty finansowe (w tym wskaźnik DSCR), a generowane i prognozowane przychody umożliwią terminową obsługę zobowiązań oraz stopniowe pokrycie strat z lat ubiegłych.
From the notes
| Profit allocation | Loss to be covered |
Filing timeliness
2 of 6 financial statements were filed late (the longest delay 75 days for 2021).
- 202513/07/2026
- 202414/07/2025
- 202306/06/2024
- 202217/07/2023
- 202128/09/2022
- 202012/10/2021
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 and1,454 / 6,507
Top 22%
Results vs industry
Revenue
This companyUSD 389.23kMedianUSD 9.52kAverageUSD 3.13m
Net profit
This companyUSD -346.80kMedianUSD -6.16kAverageUSD -369.58k
Operating costs
This companyUSD 234.66kMedianUSD 19.84kAverageUSD 3.32m
Assets
This companyUSD 12.30mMedianUSD 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 2020-09-01.
31 1240 6292 1111 0011 3639 0155
46 1240 6292 1111 0011 3638 9885
47 1240 6292 1111 0011 3639 0546
Debt
No entries in the National Debtors Register (KRZ).
Real estate
| Type | Amount |
|---|---|
Buildings and premises | PLN 2.3MPLN 2,264,709 |
Public aid
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Sep 21, 2026 | Operating aid for the promotion of energy from renewable sources | –– | Zarządca Rozliczeń S.A. |
Regulatory authorisations
| Authority | Type | Status | |
|---|---|---|---|
| Electricity generation | Active |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Biogazownia Rypinsp. z o.o. | $3,759,332.04 | biogazrypin.pl | ||
| Polenergia Farma Wiatrowa 23sp. z o.o. | $417,378.20 | polenergia.pl | ||
| Ekologiczna Elektrownia Wiatrowa 1sp. z o.o. | $395,682.67 | energyinvestgroup.pl | ||
| Żarnowiec Pvsp. z o.o. | $364,912.51 | sunfarming.de | ||
| PES 32sp. z o.o. | $348,809.99 | energetykasloneczna.com | ||
| Romgos Bio Energiasp. z o.o. | $327,782.23 | romgos.pl | ||
| Moderówka Pvsp. z o.o. | $307,518.55 | sunfarming.de | ||
| Ekologiczna Elektrownia Wiatrowa 22sp. z o.o. | $307,078.51 | energyinvestgroup.pl | ||
| Ekologiczna Elektrownia Wiatrowa 24sp. z o.o. | $301,661.24 | energyinvestgroup.pl | ||
| Eko-Projekt Krzysztof DziewickiS.K.A. | $141,306.25 | eko-projekt.org |
Change history
| Date | Event | |
|---|---|---|
| 2023-11-22 | Address change (Ul. Grunwaldzka 4/10, 85-236, Bydgoszcz → Ul. Barycka 36f, 86-005, Białe Błota) | |
| 2020-06-26 | Entered in the register |
FAQ
The main business activity of PVE 169 focuses on production of electricity from non-renewable sources.
The company was registered in the Polish National Court Register (KRS) on June 26, 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.
In 2025, the company generated total revenue of USD 389,228, representing an increase of 67.1% compared to 2024.
No, in 2025 the company was not profitable, reporting a net loss of USD 346,802. For comparison, in 2024 the loss was USD 209,819, meaning the company increased its loss by 64.9%.
The largest operating cost category falls under depreciation and amortization. This category amounted to USD 132,021 in 2025, representing 56% of all operating expenses.
Last updated: 2026-10-03