<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<ReportingInfo version="1.0">
	<fromDate>2026-01-01</fromDate>
	<toDate>2026-06-30</toDate>
	<createDate>2026-08-27</createDate>
	<personName>Феникс Капитал Холдинг АД</personName>
	<persontype>Публично дружество/Емитент на облигации</persontype>
	<eik>202873140</eik>
	<represents>Ралица Драгнева
Велко Манов</represents>
	<representsType>заедно</representsType>
	<addressMain>гр. София, район Възраждане, п.код 1303, бул. Тодор Александров 109-115</addressMain>
	<addressCorrespondence>гр. София, район Възраждане, п.код 1303, бул. Тодор Александров 109-115</addressCorrespondence>
	<telephone>+359 2 805 19 21</telephone>
	<fax>+359 2 805 19 14</fax>
	<email>office@phoenixcapital.bg</email>
	<website>www.phoenixcapital.bg</website>
	<media>www.infostock.bg</media>
	<creator>Кроу България Адвайзъри ЕООД</creator>
	<position>Съставител</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<businessInventory>9</businessInventory>
						<acqLiqTangibleAssets>6394</acqLiqTangibleAssets>
						<others>3</others>
					</propertiesEquipment>
					<investProperties>34731</investProperties>
					<intangibleAssets>
						<propertyRights>2</propertyRights>
						<softwareProducts>1</softwareProducts>
					</intangibleAssets>
					<commercialReputation>
						<positive>26</positive>
					</commercialReputation>
					<finAssets>
						<investIn>
							<jointVentures>868</jointVentures>
							<associatedEnterprises>6630</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables/>
					<deferredTaxAssets>31</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories/>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>251</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>5034</receivablesCustomersSuppliers>
						<advancesGranted>11</advancesGranted>
						<receivablesGrantedCommercialLoans>4520</receivablesGrantedCommercialLoans>
						<taxRecovery>1209</taxRecovery>
						<others>292</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>10857</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>257</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
					<futureExpenses>30</futureExpenses>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>614</registeredContributedCapital>
						<ordinaryShares>614</ordinaryShares>
					</capitalStock>
					<reserves>
						<premReserves>4536</premReserves>
						<targetReserve>
							<generalReserves>141</generalReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>18466</retainedEarnings>
							<uncoveredLoss>-1951</uncoveredLoss>
						</accumulatedProfit>
						<currentProfit>5601</currentProfit>
					</finResult>
				</equity>
				<minorityParticipation>5877</minorityParticipation>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>836</receivedLoansBanksNonBanks>
						<bondLoans>29966</bondLoans>
					</commercialOtherObligations>
					<deferredTaxLiabilities>667</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentPartNonCurrentLiabilities>830</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsReceivedCommercialLoans>4403</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>490</obligationsSuppliersCustomers>
							<advancesReceived>206</advancesReceived>
							<dutiesStaff>5</dutiesStaff>
							<taxObligations>92</taxObligations>
						</currentObligations>
						<others>377</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<businessInventory>4</businessInventory>
						<acqLiqTangibleAssets>85</acqLiqTangibleAssets>
						<others>3</others>
					</propertiesEquipment>
					<investProperties>29626</investProperties>
					<intangibleAssets>
						<propertyRights>2</propertyRights>
						<softwareProducts>1</softwareProducts>
					</intangibleAssets>
					<commercialReputation>
						<positive>26</positive>
					</commercialReputation>
					<finAssets>
						<investIn>
							<jointVentures>1021</jointVentures>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables/>
					<deferredTaxAssets>58</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories/>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>150</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>3577</receivablesCustomersSuppliers>
						<advancesGranted>36</advancesGranted>
						<receivablesGrantedCommercialLoans>4410</receivablesGrantedCommercialLoans>
						<taxRecovery>3</taxRecovery>
						<others>54</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>10313</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>659</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
					<futureExpenses>3</futureExpenses>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>614</registeredContributedCapital>
						<ordinaryShares>614</ordinaryShares>
					</capitalStock>
					<reserves>
						<premReserves>4536</premReserves>
						<targetReserve>
							<generalReserves>141</generalReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>17373</retainedEarnings>
							<uncoveredLoss>-2287</uncoveredLoss>
						</accumulatedProfit>
						<currentProfit>1429</currentProfit>
					</finResult>
				</equity>
				<minorityParticipation>5650</minorityParticipation>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>1134</receivedLoansBanksNonBanks>
						<bondLoans>14995</bondLoans>
					</commercialOtherObligations>
					<deferredTaxLiabilities>159</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentPartNonCurrentLiabilities>729</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsReceivedCommercialLoans>4294</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>144</obligationsSuppliersCustomers>
							<advancesReceived>488</advancesReceived>
							<dutiesStaff>3</dutiesStaff>
							<taxObligations>21</taxObligations>
						</currentObligations>
						<others>608</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>86</costsForExternalServices>
						<depreciationExpenses>1</depreciationExpenses>
						<remunerationExpenses>77</remunerationExpenses>
						<insuranceCosts>2</insuranceCosts>
						<others>30</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>596</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>10</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>266</others>
					</financialCosts>
				</activityCosts>
				<activityProfit>
					<shareOfProfitOfAssociatesAndJointVentures>57</shareOfProfitOfAssociatesAndJointVentures>
				</activityProfit>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>8</expensesForCurrentCorporateIncomeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>535</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes>
					<forMinorityParticipation>227</forMinorityParticipation>
				</profitAfterTaxes>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>626</services>
						<others>5108</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>1177</interestIncome>
						<incomeFromDividends>240</incomeFromDividends>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>84</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>147</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>81</costsForExternalServices>
						<depreciationExpenses>1</depreciationExpenses>
						<remunerationExpenses>55</remunerationExpenses>
						<insuranceCosts>3</insuranceCosts>
						<others>34</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>417</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>16</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>55</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>8</expensesForCurrentCorporateIncomeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>4</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes>
					<forMinorityParticipation>206</forMinorityParticipation>
				</profitAfterTaxes>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>608</services>
						<others>172</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>162</interestIncome>
						<others>469</others>
					</financialIncome>
				</activityIncome>
				<activityLoss>
					<shareOfLossOfAssociatesAndJointVentures>13</shareOfLossOfAssociatesAndJointVentures>
				</activityLoss>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>1782</receiptsFromCustomers>
				<paymentsToSuppliers>-4203</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-77</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>-219</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-19</corporateIncomeTaxesPaid>
				<otherReceiptsPaymentsFromOperationalActivity>-600</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-7573</purchaseOfFixedAssets>
				<reimbursedGrantedLoans>31</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>170</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-11606</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>8270</proceedsFromSaleOfInvestments>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>17968</proceedsFromLoans>
				<loansPaid>-3097</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-758</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<dividendsPaid>-471</dividendsPaid>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>659</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>257</availabilityInCashAndBank>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>843</receiptsFromCustomers>
				<paymentsToSuppliers>-215</paymentsToSuppliers>
				<paymentsRelatedToFinancialAssetsHeldForTrading>820</paymentsRelatedToFinancialAssetsHeldForTrading>
				<paymentsRelatedToRemuneration>-54</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>-185</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-16</corporateIncomeTaxesPaid>
				<otherReceiptsPaymentsFromOperationalActivity>1</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-11</purchaseOfFixedAssets>
				<loansGranted>-230</loansGranted>
				<reimbursedGrantedLoans>89</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>2</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-481</purchaseOfInvestments>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>4129</proceedsFromLoans>
				<loansPaid>-4289</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-445</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>468</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>426</availabilityInCashAndBank>
			</cashFlowsPeriodEnd>
		</previous>
	</cashFlows>
	<capital>
		<capitalStock>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</capitalStock>
		<premiumReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</premiumReserve>
		<reserveFromSubsequentValuations>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</reserveFromSubsequentValuations>
		<generalTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</generalTargetReserves>
		<specializedTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</specializedTargetReserves>
		<otherTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>227</otherAmendments>
		</minorityParticipation>
	</capital>
</ReportingInfo>