<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<ReportingInfo version="1.0">
	<fromDate>2026-01-01</fromDate>
	<toDate>2026-03-31</toDate>
	<createDate>2026-04-22</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>197</lands>
						<businessInventory>4</businessInventory>
					</propertiesEquipment>
					<intangibleAssets>
						<others>17</others>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>8447</subsidiaries>
							<associatedEnterprises>6</associatedEnterprises>
							<otherBusinesses>3</otherBusinesses>
						</investIn>
						<heldToMaturity>
							<governmentSecurities>2291</governmentSecurities>
						</heldToMaturity>
						<others>15</others>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>1734</affiliatedCompanies>
					</tradeReceivables>
					<deferredTaxAssets>38</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<goods>1</goods>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>1075</receivablesAffiliatedCompanies>
						<others>47</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>1</others>
						</finAssetsKeptForTrading>
						<others>399</others>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>1</finAssetsCash>
						<finAssetsTimeDeposits>660</finAssetsTimeDeposits>
						<blockedFunds>20</blockedFunds>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>3358</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<premReserves>3787</premReserves>
						<subsequentValuationAssetsReserve>-286</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>621</generalReserves>
							<otherReserves>6312</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>23</retainedEarnings>
							<uncoveredLoss>-553</uncoveredLoss>
						</accumulatedProfit>
						<currentLoss>-67</currentLoss>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<relatedEnterprises>14</relatedEnterprises>
					</commercialOtherObligations>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentObligations>
							<obligationsRelatedEnterprises>1734</obligationsRelatedEnterprises>
							<dutiesStaff>8</dutiesStaff>
							<obligationsInsuranceCompanies>1</obligationsInsuranceCompanies>
							<taxObligations>3</taxObligations>
						</currentObligations>
						<others>1</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>197</lands>
						<businessInventory>5</businessInventory>
					</propertiesEquipment>
					<intangibleAssets>
						<others>18</others>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>8447</subsidiaries>
							<associatedEnterprises>6</associatedEnterprises>
							<otherBusinesses>3</otherBusinesses>
						</investIn>
						<heldToMaturity>
							<governmentSecurities>1248</governmentSecurities>
							<bonds>850</bonds>
						</heldToMaturity>
						<others>15</others>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>865</affiliatedCompanies>
					</tradeReceivables>
					<deferredTaxAssets>39</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<goods>1</goods>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>1114</receivablesAffiliatedCompanies>
						<others>48</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>1</others>
						</finAssetsKeptForTrading>
						<others>399</others>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>1</finAssetsCash>
						<finAssetsTimeDeposits>1541</finAssetsTimeDeposits>
						<blockedFunds>20</blockedFunds>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>3366</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<premReserves>3787</premReserves>
						<subsequentValuationAssetsReserve>-297</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>621</generalReserves>
							<otherReserves>6312</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>15</retainedEarnings>
							<uncoveredLoss>-109</uncoveredLoss>
						</accumulatedProfit>
						<currentLoss>-444</currentLoss>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<relatedEnterprises>14</relatedEnterprises>
					</commercialOtherObligations>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentObligations>
							<obligationsRelatedEnterprises>1541</obligationsRelatedEnterprises>
							<dutiesStaff>8</dutiesStaff>
							<obligationsInsuranceCompanies>1</obligationsInsuranceCompanies>
							<taxObligations>2</taxObligations>
						</currentObligations>
						<others>1</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>10</costsForExternalServices>
						<depreciationExpenses>2</depreciationExpenses>
						<remunerationExpenses>143</remunerationExpenses>
						<insuranceCosts>18</insuranceCosts>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>3</interestExpense>
						<others>6</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes/>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>50</services>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>40</interestIncome>
						<positiveDifferencesFromExchangeRateChanges>25</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>8</costsForExternalServices>
						<depreciationExpenses>3</depreciationExpenses>
						<remunerationExpenses>106</remunerationExpenses>
						<insuranceCosts>15</insuranceCosts>
					</economicElementsCosts>
					<financialCosts>
						<negativeDifferencesFromChangesInExchangeRates>48</negativeDifferencesFromChangesInExchangeRates>
						<others>6</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>-1</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>50</services>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>32</interestIncome>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>53</receiptsFromCustomers>
				<paymentsToSuppliers>-23</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-156</paymentsRelatedToRemuneration>
				<exchangeRateDifferences>7</exchangeRateDifferences>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<loansGranted>-869</loansGranted>
				<receivedInterestOnLoansGranted>63</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-1025</purchaseOfInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>878</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<paidObligationsUnderLeasingContracts>-2</paidObligationsUnderLeasingContracts>
				<otherReceiptsPaymentsFromFinancialActivity>193</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>1562</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>661</availabilityInCashAndBank>
				<blockedFunds>20</blockedFunds>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>60</receiptsFromCustomers>
				<paymentsToSuppliers>-18</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-117</paymentsRelatedToRemuneration>
				<exchangeRateDifferences>-8</exchangeRateDifferences>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-8</purchaseOfFixedAssets>
				<receivedInterestOnLoansGranted>51</receivedInterestOnLoansGranted>
				<otherReceiptsPaymentsFromInvestmentActivity>51</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<paidObligationsUnderLeasingContracts>-3</paidObligationsUnderLeasingContracts>
				<otherReceiptsPaymentsFromFinancialActivity>51</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>1055</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>1094</availabilityInCashAndBank>
				<blockedFunds>20</blockedFunds>
			</cashFlowsPeriodEnd>
		</previous>
	</cashFlows>
	<capital>
		<capitalStock>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>-8</otherAmendments>
		</capitalStock>
		<premiumReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</premiumReserve>
		<reserveFromSubsequentValuations>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments>
				<increases>11</increases>
			</subsequentValuationsOfFinancialAssetsAndInstruments>
		</reserveFromSubsequentValuations>
		<generalTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</generalTargetReserves>
		<specializedTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</specializedTargetReserves>
		<otherTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<balanceAtTheBeginningOfTheReportingPeriod>6312</balanceAtTheBeginningOfTheReportingPeriod>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>8</otherAmendments>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</minorityParticipation>
	</capital>
</ReportingInfo>