BUL:BREF Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property, Plant & Equipment	0.01	0.01	0.01	0.02	0.01	0
Cash & Equivalents	9.87	10.78	3.86	2.14	5.91	0.85
Accounts Receivable	0.49	0.21	0.26	0.55	0.11	0.03
Other Receivables	-	0.02	0.02	0.04	0.1	0.13
Other Intangible Assets	-	-	0	0	-	0
Other Current Assets	0.02	2.83	12.63	0.07	0.34	0.66
Other Long-Term Assets	83.94	83.78	78.99	82.15	74.43	74.75
Total Assets	94.33	97.63	95.76	84.96	80.89	76.41
Current Portion of Long-Term Debt	1.07	1.07	2.43	2.35	2.27	2.4
Current Portion of Leases	-	-	-	-	-	0
Long-Term Debt	5.35	5.62	10.99	13.38	15.71	16.38
Accounts Payable	0.96	0.07	0.06	0.05	0.07	0.04
Accrued Expenses	-	0.28	0.74	0.37	0.5	0.64
Current Unearned Revenue	-	-	-	0.03	0.22	0.46
Other Current Liabilities	5.01	9.44	2.05	0.13	2.16	1.46
Other Long-Term Liabilities	1.05	1.18	1.13	0.79	0.54	-
Total Liabilities	13.44	17.65	17.4	17.1	21.47	21.38
Common Stock	17.67	17.72	17.76	17.71	17.71	17.71
Additional Paid-In Capital	30.36	30.37	30.44	30.36	30.35	30.37
Retained Earnings	32.86	31.89	30.16	19.79	11.36	6.96
Shareholders' Equity	80.89	79.98	78.36	67.87	59.42	55.04
Total Liabilities & Equity	94.33	97.63	95.76	84.96	80.89	76.41
Total Debt	6.42	6.68	13.42	15.73	17.99	18.78
Net Cash (Debt)	3.45	4.1	-9.56	-13.59	-12.08	-17.93
Net Cash Per Share	0.10	0.12	-0.28	-0.39	-0.35	-0.52
Filing Date Shares Outstanding	34.93	34.64	34.64	34.64	34.64	34.64
Total Common Shares Outstanding	34.93	34.64	34.64	34.64	34.64	34.64
Book Value Per Share	2.32	2.31	2.26	1.96	1.72	1.59
Tangible Book Value	80.89	79.98	78.36	67.86	59.42	55.04
Tangible Book Value Per Share	2.32	2.31	2.26	1.96	1.72	1.59