Industrial Holding Bulgaria AD (BUL:IHB)

BUL:IHB 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	15.34	13.8	15.79	29.11	23.19	7.6
Cash & Short-Term Investments	15.34	13.8	15.79	29.11	23.19	7.6
Cash Growth	-1.64%	-12.60%	-45.75%	25.51%	205.29%	114.10%
Accounts Receivable	4.48	2.54	2.8	3.67	5.25	3.9
Other Receivables	0.01	0.76	0.84	0.83	0.81	0.55
Receivables	4.49	3.33	3.66	4.53	6.06	4.46
Inventory	11.2	10.76	9.73	10.01	11.11	9.18
Other Current Assets	-	0.38	0.37	0.3	0.44	0.85
Total Current Assets	31.03	28.27	29.56	43.95	40.81	22.09
Property, Plant & Equipment	192.56	191.24	197.96	165.82	164.11	161.48
Long-Term Investments	2.03	2.04	0.01	-	-	-
Goodwill	2.21	2.21	2.22	2.21	2.21	4.67
Other Intangible Assets	1.19	1.21	1.13	1.24	1.2	1.28
Long-Term Accounts Receivable	-	-	-	-	0.01	0.01
Long-Term Deferred Tax Assets	0.04	0.03	0.03	0.03	0.02	0.02
Other Long-Term Assets	8.21	8.14	7.91	7.83	7.19	6.69
Total Assets	237.26	233.15	238.81	221.08	215.56	196.23

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	6.34	5.97	6.48	5.36	6.71	4.9
Current Portion of Long-Term Debt	5.2	2.94	2.11	1.77	1.85	2.01
Current Portion of Leases	0.15	0.15	0.15	0.14	0.04	0.17
Current Income Taxes Payable	0.25	0.16	0.19	0.1	0.03	0.05
Current Unearned Revenue	3	1.68	1.82	1.5	2.07	2.96
Other Current Liabilities	0.02	0.02	0.01	0.01	0.01	0.06
Total Current Liabilities	14.95	10.91	10.77	8.87	10.71	10.14
Long-Term Debt	10.05	11.81	9.99	7.74	3.15	0.51
Long-Term Leases	0.88	0.92	1.04	1.14	-	0
Long-Term Unearned Revenue	0.58	0.51	0.57	0.57	0.59	0.64
Pension & Post-Retirement Benefits	0.55	0.65	0.67	0.55	0.52	0.48
Long-Term Deferred Tax Liabilities	5.85	5.85	5.95	5.9	5.66	5.36
Other Long-Term Liabilities	0.04	0.04	0.16	0.08	0.06	0.03
Total Liabilities	32.9	30.68	29.15	24.86	20.69	17.17

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	49.37	49.52	49.62	49.5	49.49	54.92
Additional Paid-In Capital	15.86	15.87	15.9	15.86	15.85	15.86
Retained Earnings	90.49	89.73	87.86	78.77	75.41	63.34
Comprehensive Income & Other	48.29	47.03	55.73	51.53	53.4	43.79
Total Common Equity	204.02	202.14	209.12	195.65	194.15	177.91
Minority Interest	0.35	0.32	0.54	0.57	0.72	1.14
Shareholders' Equity	204.37	202.46	209.66	196.23	194.87	179.05
Total Liabilities & Equity	237.26	233.15	238.81	221.08	215.56	196.23

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	16.27	15.81	13.3	10.8	5.04	2.69
Net Cash (Debt)	-0.94	-2.01	2.49	18.31	18.15	4.91
Net Cash Growth	-	-	-86.38%	0.86%	270.05%	-
Net Cash Per Share	-0.01	-0.02	0.03	0.19	0.19	0.05
Filing Date Shares Outstanding	96.81	96.81	96.81	96.81	96.81	96.81
Total Common Shares Outstanding	96.81	96.81	96.81	96.81	96.81	96.81
Working Capital	16.08	17.36	18.79	35.07	30.1	11.95
Book Value Per Share	2.11	2.09	2.16	2.02	2.01	1.84
Tangible Book Value	200.62	198.72	205.77	192.2	190.74	171.97
Tangible Book Value Per Share	2.07	2.05	2.13	1.99	1.97	1.78
Land	-	76.36	75.09	69.38	71.32	69.9
Machinery	-	121.01	109.52	100.99	109.32	133.35
Construction In Progress	-	21.54	35.89	13.18	6.92	1.57

Data Source: S&P Global Market Intelligence Last updated: Mar 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:

Aug 1, 2026

Data Sources Report a data error