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	<fromDate>2025-01-01</fromDate>
	<toDate>2025-12-31</toDate>
	<createDate>2026-03-18</createDate>
	<personName>Българска холдингова компания АД</personName>
	<persontype>Публично дружество</persontype>
	<eik>121576032</eik>
	<represents>Цвета Бакърджиева и Георги Богданов</represents>
	<representsType>заедно и поотделно</representsType>
	<addressMain>гр.София ул.Незабравка 25</addressMain>
	<addressCorrespondence>гр.София ул.Незабравка 25</addressCorrespondence>
	<telephone>+35929712391</telephone>
	<email>bhc@bhc-bg.com</email>
	<website>www.bhc-bg.com</website>
	<media>Инвестор БГ АД</media>
	<creator>Милчо Кълчишков</creator>
	<position>гл.счетоводител</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>385</lands>
						<businessInventory>9</businessInventory>
					</propertiesEquipment>
					<intangibleAssets>
						<softwareProducts>1</softwareProducts>
						<others>36</others>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>16521</subsidiaries>
							<associatedEnterprises>11</associatedEnterprises>
							<otherBusinesses>6</otherBusinesses>
						</investIn>
						<heldToMaturity>
							<governmentSecurities>2440</governmentSecurities>
							<bonds>1663</bonds>
						</heldToMaturity>
						<others>30</others>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>1691</affiliatedCompanies>
					</tradeReceivables>
					<deferredTaxAssets>76</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>3</materials>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>2179</receivablesAffiliatedCompanies>
						<others>94</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>2</others>
						</finAssetsKeptForTrading>
						<others>780</others>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>1</finAssetsCash>
						<finAssetsTimeDeposits>3016</finAssetsTimeDeposits>
						<blockedFunds>38</blockedFunds>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>6584</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<premReserves>7407</premReserves>
						<subsequentValuationAssetsReserve>-581</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>1215</generalReserves>
							<otherReserves>12344</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>28</retainedEarnings>
							<uncoveredLoss>-212</uncoveredLoss>
						</accumulatedProfit>
						<currentLoss>-868</currentLoss>
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				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<relatedEnterprises>28</relatedEnterprises>
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				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentObligations>
							<obligationsRelatedEnterprises>3013</obligationsRelatedEnterprises>
							<dutiesStaff>15</dutiesStaff>
							<obligationsInsuranceCompanies>3</obligationsInsuranceCompanies>
							<taxObligations>5</taxObligations>
						</currentObligations>
						<others>1</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>385</lands>
						<businessInventory>3</businessInventory>
					</propertiesEquipment>
					<intangibleAssets>
						<softwareProducts>1</softwareProducts>
						<others>48</others>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>16521</subsidiaries>
							<associatedEnterprises>11</associatedEnterprises>
							<otherBusinesses>6</otherBusinesses>
						</investIn>
						<heldToMaturity>
							<governmentSecurities>410</governmentSecurities>
							<bonds>1880</bonds>
						</heldToMaturity>
						<others>30</others>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>688</affiliatedCompanies>
					</tradeReceivables>
					<deferredTaxAssets>62</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>3</materials>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>2239</receivablesAffiliatedCompanies>
						<others>74</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<debtSecurities>1991</debtSecurities>
							<others>2</others>
						</finAssetsKeptForTrading>
						<others>778</others>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>2</finAssetsCash>
						<finAssetsTimeDeposits>2024</finAssetsTimeDeposits>
						<blockedFunds>38</blockedFunds>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>6584</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<premReserves>7407</premReserves>
						<subsequentValuationAssetsReserve>-565</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>1215</generalReserves>
							<otherReserves>12344</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>28</retainedEarnings>
						</accumulatedProfit>
						<currentLoss>-212</currentLoss>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<relatedEnterprises>50</relatedEnterprises>
					</commercialOtherObligations>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentObligations>
							<obligationsRelatedEnterprises>326</obligationsRelatedEnterprises>
							<dutiesStaff>11</dutiesStaff>
							<obligationsInsuranceCompanies>2</obligationsInsuranceCompanies>
							<taxObligations>4</taxObligations>
						</currentObligations>
						<others>2</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>2</costOfMaterials>
						<costsForExternalServices>46</costsForExternalServices>
						<depreciationExpenses>18</depreciationExpenses>
						<remunerationExpenses>950</remunerationExpenses>
						<insuranceCosts>124</insuranceCosts>
						<others>5</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>5</interestExpense>
						<negativeDifferencesFromChangesInExchangeRates>279</negativeDifferencesFromChangesInExchangeRates>
						<others>74</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>-13</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>387</services>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>235</interestIncome>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>3</costOfMaterials>
						<costsForExternalServices>45</costsForExternalServices>
						<depreciationExpenses>14</depreciationExpenses>
						<remunerationExpenses>753</remunerationExpenses>
						<insuranceCosts>112</insuranceCosts>
						<others>6</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>3</interestExpense>
						<others>67</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>-3</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>387</services>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>260</interestIncome>
						<positiveDifferencesFromExchangeRateChanges>141</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>466</receiptsFromCustomers>
				<paymentsToSuppliers>-158</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-1038</paymentsRelatedToRemuneration>
				<exchangeRateDifferences>-57</exchangeRateDifferences>
				<otherReceiptsPaymentsFromOperationalActivity>-4</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-14</purchaseOfFixedAssets>
				<loansGranted>-1432</loansGranted>
				<receivedInterestOnLoansGranted>104</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-2096</purchaseOfInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>4810</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>429</proceedsFromLoans>
				<paidObligationsUnderLeasingContracts>-19</paidObligationsUnderLeasingContracts>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>2064</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>3017</availabilityInCashAndBank>
				<blockedFunds>38</blockedFunds>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>463</receiptsFromCustomers>
				<paymentsToSuppliers>-158</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-836</paymentsRelatedToRemuneration>
				<exchangeRateDifferences>26</exchangeRateDifferences>
				<otherReceiptsPaymentsFromOperationalActivity>-4</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-6</purchaseOfFixedAssets>
				<receivedInterestOnLoansGranted>17</receivedInterestOnLoansGranted>
				<otherReceiptsPaymentsFromInvestmentActivity>183</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>382</proceedsFromLoans>
				<paidObligationsUnderLeasingContracts>-19</paidObligationsUnderLeasingContracts>
				<otherReceiptsPaymentsFromFinancialActivity>1</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>2015</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>2026</availabilityInCashAndBank>
				<blockedFunds>38</blockedFunds>
			</cashFlowsPeriodEnd>
		</previous>
	</cashFlows>
	<capital>
		<capitalStock>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</capitalStock>
		<premiumReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</premiumReserve>
		<reserveFromSubsequentValuations>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments>
				<decreases>16</decreases>
			</subsequentValuationsOfFinancialAssetsAndInstruments>
		</reserveFromSubsequentValuations>
		<generalTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</generalTargetReserves>
		<specializedTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</specializedTargetReserves>
		<otherTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<balanceAtTheBeginningOfTheReportingPeriod>12344</balanceAtTheBeginningOfTheReportingPeriod>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</minorityParticipation>
	</capital>
</ReportingInfo>