Bulgarian Stock Exchange AD (BUL:BSE)

BUL:BSE 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	18.17	72.07	50.39	66.79	129.7	155.78
Short-Term Investments	-	-	0.52	-	-	-
Cash & Short-Term Investments	18.17	72.07	50.91	66.79	129.7	155.78
Cash Growth	-30.43%	41.57%	-23.78%	-48.50%	-16.74%	73.10%
Accounts Receivable	18.45	8.93	10.08	10.61	30.18	2.6
Other Receivables	112.52	153.53	264.73	100.31	26.49	45.86
Receivables	131.12	162.48	274.83	110.92	56.67	48.46
Prepaid Expenses	0.27	0.12	0.46	0.16	0.26	0.07
Restricted Cash	-	-	-	-	0.2	-
Other Current Assets	0.6	0.32	0.25	0.23	0.73	2.26
Total Current Assets	150.16	235	326.45	178.11	187.58	206.56
Property, Plant & Equipment	7.1	7.14	7.13	0.91	0.89	0.94
Long-Term Investments	9.13	8.6	6.79	6.46	6.13	6.39
Other Intangible Assets	1.51	1.64	1.84	2	2.15	2.32
Long-Term Deferred Tax Assets	0.3	0.3	0.34	0.37	0.38	0.22
Other Long-Term Assets	0.08	0.19	0.06	0.15	0.27	0.32
Total Assets	168.28	252.88	342.62	188	197.39	216.74

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	42.3	28.02	43.89	21.02	53.82	87.51
Accrued Expenses	0.52	12.04	20.4	11.46	0.33	0.3
Current Portion of Leases	0.07	0.04	0.06	0.07	0.01	0.01
Current Income Taxes Payable	0.1	0	0.05	0.01	-	0.02
Current Unearned Revenue	0.73	0.01	0.02	0.05	0.1	64.46
Other Current Liabilities	98.34	189.93	253.45	138.52	129.24	51.12
Total Current Liabilities	142.05	230.05	317.88	171.12	183.5	203.41
Long-Term Leases	0.08	0.09	0.01	0.07	0.01	0.02
Long-Term Unearned Revenue	-	-	-	-	0.06	0.11
Pension & Post-Retirement Benefits	0.12	0.12	0.1	0.07	0.05	0.07
Long-Term Deferred Tax Liabilities	0.13	0.14	0.16	0.17	0.19	0.21
Total Liabilities	142.38	230.4	318.14	171.43	183.8	203.82

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	6.72	6.73	6.75	3.37	3.37	3.37
Additional Paid-In Capital	-	-	0.2	0.1	0.1	0.1
Retained Earnings	19	15.55	17.68	13.34	10.39	9.63
Treasury Stock	-	-	-0.32	-0.37	-0.37	-0.37
Comprehensive Income & Other	0.19	0.19	0.17	0.13	0.11	0.2
Shareholders' Equity	25.91	22.48	24.47	16.57	13.59	12.92
Total Liabilities & Equity	168.28	252.88	342.62	188	197.39	216.74

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	0.14	0.12	0.08	0.13	0.02	0.03
Net Cash (Debt)	18.03	71.95	50.84	66.66	129.68	155.75
Net Cash Growth	-30.84%	41.53%	-23.74%	-48.59%	-16.74%	73.29%
Net Cash Per Share	1.37	5.46	3.93	5.18	13.42	16.01
Filing Date Shares Outstanding	13.17	13.17	12.92	9.66	9.66	9.66
Total Common Shares Outstanding	13.17	13.17	12.92	9.66	9.66	9.66
Working Capital	8.11	4.95	8.57	6.98	4.08	3.15
Book Value Per Share	1.97	1.71	1.89	1.71	1.41	1.34
Tangible Book Value	24.4	20.84	22.64	14.56	11.43	10.6
Tangible Book Value Per Share	1.85	1.58	1.75	1.51	1.18	1.10
Land	0.7	0.7	0.7	-	-	-
Buildings	6.45	6.54	6.55	-	0.99	0.98
Machinery	0.83	0.89	0.75	1.47	0.61	0.61

Data Source: S&P Global Market Intelligence Last updated: Aug 31, 2026

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

Update frequency:

Quarterly

Last checked:

Oct 21, 2026

Data Sources Report a data error