Black Sea Property Plc (BST:XE8)

Black Sea Property Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.34	1.15	1.25	2.56	0.24	0.33
Short-Term Investments	12.17	11.77	12.16	12.33	-	-
Cash & Short-Term Investments	13.5	12.93	13.41	14.89	0.24	0.33
Cash Growth	4.88%	-3.64%	-9.91%	6119.47%	-26.60%	-11.89%
Accounts Receivable	4.05	4.56	3.89	2.42	1.8	0.41
Other Receivables	-	-	-	-	4.5	4.5
Receivables	4.05	4.56	3.89	2.42	6.3	4.91
Prepaid Expenses	0.16	0.07	0.03	0.23	0.03	0
Total Current Assets	17.71	17.56	17.34	17.54	6.57	5.23
Property, Plant & Equipment	38.3	36.78	34.56	20.02	0.52	0.02
Long-Term Investments	0.01	-	-	-	-	0
Other Intangible Assets	1.73	1.8	1.91	1.88	0.45	0.51
Other Long-Term Assets	50.95	51	48.35	58.99	47.52	38.14
Total Assets	108.7	107.13	102.16	101.19	55.06	43.92

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.43	0.6	0.42	0.68	0.19	0.02
Accrued Expenses	0.07	0.01	0.01	0.08	0.08	-
Short-Term Debt	26.35	25.82	24.72	23.31	2.57	-
Current Portion of Long-Term Debt	2.26	2.98	3.36	3.7	1.77	1.77
Current Portion of Leases	0.11	0.05	-	-	-	-
Current Unearned Revenue	0.61	0.16	0.14	0.25	-	-
Other Current Liabilities	7.78	5.87	1.86	0.92	0.54	0.17
Total Current Liabilities	38.6	35.49	30.52	28.94	5.14	1.96
Long-Term Debt	12.23	11.94	14.22	16.87	18.19	14.52
Long-Term Leases	-	0.09	-	-	-	-
Long-Term Deferred Tax Liabilities	3.41	3.37	3.15	2.87	2.41	1.94
Other Long-Term Liabilities	3.29	3.3	1.71	2	0.54	0.56
Total Liabilities	57.54	54.19	49.6	50.68	26.28	18.99

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	81.02	81.02	81.02	81.02	70.7	70.7
Retained Earnings	-29.4	-27.61	-27.94	-29.98	-40.39	-44.24
Comprehensive Income & Other	-1.47	-1.47	-1.53	-1.53	-1.53	-1.53
Total Common Equity	50.15	51.93	51.55	49.51	28.78	24.93
Minority Interest	1.01	1.01	1.01	1	-	-
Shareholders' Equity	51.16	52.94	52.56	50.51	28.78	24.93
Total Liabilities & Equity	108.7	107.13	102.16	101.19	55.06	43.92

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	40.94	40.88	42.3	43.88	22.52	16.29
Net Cash (Debt)	-27.44	-27.95	-28.88	-28.99	-22.28	-15.96
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.01	-0.01	-0.01	-0.02	-0.01	-0.01
Filing Date Shares Outstanding	2,458	2,458	2,458	2,458	1,813	1,813
Total Common Shares Outstanding	2,458	2,458	2,458	2,458	1,813	1,813
Working Capital	-20.89	-17.93	-13.19	-11.4	1.43	3.27
Book Value Per Share	0.02	0.02	0.02	0.02	0.02	0.01
Tangible Book Value	48.42	50.13	49.64	47.63	28.33	24.42
Tangible Book Value Per Share	0.02	0.02	0.02	0.02	0.02	0.01
Land	-	1.85	1.42	19.86	-	-
Machinery	-	1.28	1.22	0.2	0.05	0.03
Construction In Progress	-	34.16	32.41	0.01	0.49	-

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 7, 2026

Data Sources Report a data error