Telelink Business Services Group AD (BUL:TBS)

BUL:TBS 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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	13.15	25.69	12.8	7.2	7.58	6.55
Cash & Short-Term Investments	13.15	25.69	12.8	7.2	7.58	6.55
Cash Growth	295.00%	100.62%	77.73%	-4.95%	15.66%	9.00%
Accounts Receivable	24.72	49.42	42.3	34.11	14.08	13.37
Other Receivables	1.66	1.33	1.61	1.47	1.24	0.89
Receivables	26.38	50.91	44.06	35.58	15.32	14.26
Inventory	5.99	5.47	2.9	6.17	2.71	2.58
Prepaid Expenses	-	5.82	6.78	-	5.07	4.16
Other Current Assets	6.58	-	-	7.14	0.43	0.23
Total Current Assets	52.11	87.89	66.55	56.09	31.1	27.78
Property, Plant & Equipment	8.45	7.99	9.03	5.65	3.82	3.42
Goodwill	22.16	8.14	8.16	-	-	-
Other Intangible Assets	0.08	0.31	0.55	0.53	0.33	0.25
Long-Term Deferred Tax Assets	2.56	2.02	0.89	0.8	0.42	0.34
Long-Term Deferred Charges	5.59	0.03	-	6.45	-	-
Other Long-Term Assets	0.33	3.9	5.35	0.26	4.4	3.98
Total Assets	91.29	110.28	90.54	69.78	40.07	35.77

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	18.19	25.68	29.99	24.09	12.31	11.07
Accrued Expenses	1.7	23.27	13.21	8.87	2.84	2.02
Short-Term Debt	0.15	6.47	6.07	2.14	1.47	0.88
Current Portion of Long-Term Debt	7.43	0.91	0.73	-	-	-
Current Portion of Leases	1.45	1.43	1.35	0.63	0.48	0.74
Current Income Taxes Payable	1	1.67	0.35	0.48	0.24	0.17
Current Unearned Revenue	6.34	15.76	7.32	13.17	7.44	5.79
Other Current Liabilities	6.7	1.33	1.33	-	1.81	1.46
Total Current Liabilities	42.97	76.53	60.35	49.39	26.59	22.13
Long-Term Debt	12.25	2.62	2.67	-	-	-
Long-Term Leases	1.16	1.59	2.41	1.44	0.22	0.76
Long-Term Unearned Revenue	5.14	2.54	4.01	5.12	4.17	4.16
Pension & Post-Retirement Benefits	-	0.03	0.03	0.02	0.02	0.01
Other Long-Term Liabilities	0.33	-	1.33	-	-	-
Total Liabilities	61.86	83.32	70.8	55.97	30.99	27.06

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	6.38	6.39	6.41	6.39	6.39	6.39
Retained Earnings	31.27	28.8	20.46	14.44	9.82	9.47
Comprehensive Income & Other	-8.21	-8.24	-7.13	-7.02	-7.13	-7.15
Shareholders' Equity	29.43	26.96	19.74	13.81	9.08	8.71
Total Liabilities & Equity	91.29	110.28	90.54	69.78	40.07	35.77

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	22.44	13.02	13.23	4.21	2.18	2.38
Net Cash (Debt)	-9.29	12.66	-0.42	2.99	5.4	4.17
Net Cash Growth	-	-	-	-44.66%	29.53%	57.87%
Net Cash Per Share	-0.76	1.03	-0.03	0.24	0.43	0.33
Filing Date Shares Outstanding	12.3	12.3	12.5	12.5	12.49	12.5
Total Common Shares Outstanding	12.3	12.3	12.5	12.5	12.49	12.5
Working Capital	9.14	11.36	6.2	6.71	4.52	5.65
Book Value Per Share	2.39	2.19	1.58	1.11	0.73	0.70
Tangible Book Value	7.18	18.51	11.02	13.28	8.75	8.46
Tangible Book Value Per Share	0.58	1.51	0.88	1.06	0.70	0.68
Machinery	-	5.09	4.96	2.12	1.89	1.71

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 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:

Nov 14, 2026

Data Sources Report a data error