BUL:THQM 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
Cash & Equivalents	0.1	0.61	0.07	0.03	0.07	0.03
Cash & Short-Term Investments	0.1	0.61	0.07	0.03	0.07	0.03
Cash Growth	99.70%	746.08%	133.94%	-57.74%	149.03%	-10.90%
Accounts Receivable	38.99	37.68	33.08	31.17	30.03	29.13
Other Receivables	0	0.19	0.07	0.01	0.02	0.02
Receivables	38.99	37.87	33.15	31.18	30.05	29.16
Inventory	9.64	9.17	8.13	7.31	6.89	5.8
Prepaid Expenses	0.11	-	-	0.04	0.04	0.03
Other Current Assets	2.7	2.62	3.22	2.78	1.65	1.11
Total Current Assets	51.53	50.26	44.57	41.34	38.7	36.13
Property, Plant & Equipment	17.51	17.9	17.07	16.91	18.05	19.47
Long-Term Investments	-	-	-	0.01	-	-
Other Intangible Assets	1.89	1.84	1.45	1.82	1.92	1.76
Long-Term Accounts Receivable	2.6	2.6	2.77	2.55	2.59	2.7
Total Assets	73.6	72.61	65.87	62.63	61.27	60.06
Accounts Payable	4.86	4.86	1.71	2.44	2.15	2.03
Accrued Expenses	0.66	0.69	0.62	-	0.42	0.44
Short-Term Debt	4	4.75	5.02	5.01	5	5
Current Portion of Leases	0.46	0.48	0.34	0.26	0.32	0.51
Current Income Taxes Payable	0.6	0.52	0.06	0.12	0.08	0.06
Other Current Liabilities	0.09	0.04	0.93	-	0.02	0.02
Total Current Liabilities	10.66	11.34	8.67	7.83	8	8.05
Long-Term Leases	0.67	0.79	0.35	0.45	0.72	0.88
Pension & Post-Retirement Benefits	0.18	0.18	0.14	0.1	0.1	0.08
Long-Term Deferred Tax Liabilities	0.64	0.64	0.61	0.57	0.53	0.53
Total Liabilities	12.15	12.95	9.77	8.95	9.34	9.53
Common Stock	49.03	49.06	47.06	43.2	43.19	43.21
Retained Earnings	12.43	10.6	9.04	10.48	8.73	7.32
Shareholders' Equity	61.46	59.66	56.1	53.69	51.93	50.53
Total Liabilities & Equity	73.6	72.61	65.87	62.63	61.27	60.06
Total Debt	5.12	6.02	5.7	5.71	6.03	6.39
Net Cash (Debt)	-5.02	-5.41	-5.63	-5.68	-5.96	-6.36
Net Cash Per Share	-0.05	-0.06	-0.06	-0.06	-0.06	-0.07
Filing Date Shares Outstanding	95.9	95.9	95.9	92.77	92.77	92.77
Total Common Shares Outstanding	95.9	95.9	95.9	92.77	92.77	92.77
Working Capital	40.87	38.92	35.9	33.52	30.7	28.08
Book Value Per Share	0.64	0.62	0.58	0.58	0.56	0.54
Tangible Book Value	59.57	57.81	54.65	51.87	50	48.77
Tangible Book Value Per Share	0.62	0.60	0.57	0.56	0.54	0.53
Land	12.34	-	-	6.83	6.83	6.83
Buildings	-	-	-	6.74	6.66	6.36
Machinery	21.08	-	-	20.02	19.9	19.49