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	<fromDate>2026-01-01</fromDate>
	<toDate>2026-06-30</toDate>
	<createDate>2026-08-24</createDate>
	<personName>ХОЛДИНГ ВАРНА АД</personName>
	<persontype>Публично дружество/Емитент на облигации</persontype>
	<eik>103249584</eik>
	<represents>Ивелина Шабан и Милчо Близнаков</represents>
	<representsType>Заедно</representsType>
	<addressMain>гр. Варна, к.к. "Св. Св. Константин и Елена", адм. сграда</addressMain>
	<addressCorrespondence>гр. Варна, к.к. "Св. Св. Константин и Елена", адм. сграда</addressCorrespondence>
	<telephone>+359 52 986 960</telephone>
	<email>office@holdingvarna.com</email>
	<website>www.holdingvarna.com</website>
	<media>www.infostock.bg</media>
	<creator>Ирина Маркова-Гюрова</creator>
	<position>гл. счетоводител</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>23164</lands>
						<buildings>50552</buildings>
						<machines>20813</machines>
						<facilities>0</facilities>
						<vehicles>32</vehicles>
						<businessInventory>4323</businessInventory>
						<acqLiqTangibleAssets>15261</acqLiqTangibleAssets>
						<others>3509</others>
					</propertiesEquipment>
					<investProperties>23660</investProperties>
					<intangibleAssets>
						<propertyRights>5439</propertyRights>
						<softwareProducts>54</softwareProducts>
						<developmentProducts>0</developmentProducts>
						<others>5335</others>
					</intangibleAssets>
					<commercialReputation>
						<positive>18758</positive>
					</commercialReputation>
					<finAssets>
						<investIn>
							<associatedEnterprises>227</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
						<others>1761</others>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>12765</affiliatedCompanies>
						<others>1017</others>
					</tradeReceivables>
					<deferredTaxAssets>1737</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>763</materials>
						<production>6155</production>
						<goods>35</goods>
						<workInProgress>175</workInProgress>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>260</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>6882</receivablesCustomersSuppliers>
						<receivablesGrantedCommercialLoans>6946</receivablesGrantedCommercialLoans>
						<taxRecovery>29</taxRecovery>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>20337</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>7301</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>3308</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<premReserves>80179</premReserves>
						<targetReserve>
							<generalReserves>2007</generalReserves>
							<otherReserves>2401</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>12615</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>-10</currentProfit>
					</finResult>
				</equity>
				<minorityParticipation>20902</minorityParticipation>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>25971</receivedLoansBanksNonBanks>
						<commercialLoans>123</commercialLoans>
						<bondLoans>17251</bondLoans>
						<others>4463</others>
					</commercialOtherObligations>
					<deferredTaxLiabilities>2260</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>26511</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>1523</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>121</obligationsRelatedEnterprises>
							<obligationsReceivedCommercialLoans>19800</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>15009</obligationsSuppliersCustomers>
							<dutiesStaff>2180</dutiesStaff>
							<taxObligations>26</taxObligations>
						</currentObligations>
						<others>650</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>23164</lands>
						<buildings>50918</buildings>
						<machines>20969</machines>
						<vehicles>41</vehicles>
						<businessInventory>4300</businessInventory>
						<acqLiqTangibleAssets>13836</acqLiqTangibleAssets>
						<others>3533</others>
					</propertiesEquipment>
					<investProperties>22977</investProperties>
					<intangibleAssets>
						<propertyRights>5212</propertyRights>
						<softwareProducts>55</softwareProducts>
						<others>5359</others>
					</intangibleAssets>
					<commercialReputation>
						<positive>18758</positive>
					</commercialReputation>
					<finAssets>
						<investIn>
							<associatedEnterprises>585</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
						<others>1643</others>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>13279</affiliatedCompanies>
						<others>191</others>
					</tradeReceivables>
					<deferredTaxAssets>1429</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>651</materials>
						<production>6470</production>
						<goods>15</goods>
						<workInProgress>357</workInProgress>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>301</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>3700</receivablesCustomersSuppliers>
						<receivablesGrantedCommercialLoans>7425</receivablesGrantedCommercialLoans>
						<litigationClaims>109</litigationClaims>
						<taxRecovery>613</taxRecovery>
						<others>1133</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>19790</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>7712</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>3316</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<premReserves>80179</premReserves>
						<targetReserve>
							<generalReserves>2007</generalReserves>
							<otherReserves>2537</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>6464</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>5929</currentProfit>
					</finResult>
				</equity>
				<minorityParticipation>21335</minorityParticipation>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>37958</receivedLoansBanksNonBanks>
						<commercialLoans>162</commercialLoans>
						<bondLoans>15624</bondLoans>
						<others>4941</others>
					</commercialOtherObligations>
					<deferredTaxLiabilities>2028</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>17148</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>2545</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>76</obligationsRelatedEnterprises>
							<obligationsReceivedCommercialLoans>15832</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>13405</obligationsSuppliersCustomers>
							<dutiesStaff>2073</dutiesStaff>
							<taxObligations>159</taxObligations>
						</currentObligations>
						<others>807</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>2371</costOfMaterials>
						<costsForExternalServices>6268</costsForExternalServices>
						<depreciationExpenses>1674</depreciationExpenses>
						<remunerationExpenses>7157</remunerationExpenses>
						<insuranceCosts>1183</insuranceCosts>
						<balanceValueOfSoldAssets>322</balanceValueOfSoldAssets>
						<changeInInventoriesOfProductionAndWorkInProgress>508</changeInInventoriesOfProductionAndWorkInProgress>
						<others>-569</others>
						<impairmentOfAssets>-1114</impairmentOfAssets>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1521</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>102</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<negativeDifferencesFromChangesInExchangeRates>162</negativeDifferencesFromChangesInExchangeRates>
						<others>488</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>-38</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<production>1888</production>
						<goods>1061</goods>
						<services>16499</services>
						<others>235</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>254</interestIncome>
						<incomeFromDividends>433</incomeFromDividends>
						<positiveDifferencesFromExchangeRateChanges>336</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax>
					<forMinorityParticipation>433</forMinorityParticipation>
				</lossAfterTax>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>2475</costOfMaterials>
						<costsForExternalServices>5227</costsForExternalServices>
						<depreciationExpenses>1631</depreciationExpenses>
						<remunerationExpenses>6887</remunerationExpenses>
						<insuranceCosts>1116</insuranceCosts>
						<balanceValueOfSoldAssets>693</balanceValueOfSoldAssets>
						<changeInInventoriesOfProductionAndWorkInProgress>2866</changeInInventoriesOfProductionAndWorkInProgress>
						<others>433</others>
						<impairmentOfAssets>-80</impairmentOfAssets>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1850</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>19</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>405</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>31</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes>
					<forMinorityParticipation>114</forMinorityParticipation>
				</profitAfterTaxes>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<production>6136</production>
						<goods>1594</goods>
						<services>15153</services>
						<others>1173</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>213</interestIncome>
						<incomeFromDividends>145</incomeFromDividends>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>96</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>32</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>23729</receiptsFromCustomers>
				<paymentsToSuppliers>-11627</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-7561</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>-1949</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-131</corporateIncomeTaxesPaid>
				<otherReceiptsPaymentsFromOperationalActivity>-226</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-3161</purchaseOfFixedAssets>
				<loansGranted>-4815</loansGranted>
				<reimbursedGrantedLoans>5327</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>1089</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-575</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>3035</proceedsFromSaleOfInvestments>
				<dividendsReceivedFromInvestments>7</dividendsReceivedFromInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>6</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>21214</proceedsFromLoans>
				<loansPaid>-22864</loansPaid>
				<paidObligationsUnderLeasingContracts>-280</paidObligationsUnderLeasingContracts>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-1610</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<otherReceiptsPaymentsFromFinancialActivity>-20</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>8630</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd/>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>32477</receiptsFromCustomers>
				<paymentsToSuppliers>-12996</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-7619</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>-2300</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-426</corporateIncomeTaxesPaid>
				<otherReceiptsPaymentsFromOperationalActivity>-18238</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-3507</purchaseOfFixedAssets>
				<proceedsFromTheSaleOfFixedAssets>2</proceedsFromTheSaleOfFixedAssets>
				<loansGranted>-7206</loansGranted>
				<reimbursedGrantedLoans>6439</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>111</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-249</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>684</proceedsFromSaleOfInvestments>
				<dividendsReceivedFromInvestments>1</dividendsReceivedFromInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>51</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>38219</proceedsFromLoans>
				<loansPaid>-40626</loansPaid>
				<paidObligationsUnderLeasingContracts>-106</paidObligationsUnderLeasingContracts>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-1688</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<otherReceiptsPaymentsFromFinancialActivity>-860</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>24672</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd/>
		</previous>
	</cashFlows>
	<capital>
		<capitalStock>
			<changesInOpeningBalances>
				<effectOfChangesInAccountingPolicy>-8</effectOfChangesInAccountingPolicy>
			</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/>
			<changesFromRestatementOfFinancialStatementsInCaseOfHyperinflation>-136</changesFromRestatementOfFinancialStatementsInCaseOfHyperinflation>
			<balanceAtTheBeginningOfTheReportingPeriod>2537</balanceAtTheBeginningOfTheReportingPeriod>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances>
				<effectOfChangesInAccountingPolicy>8</effectOfChangesInAccountingPolicy>
			</changesInOpeningBalances>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<changesFromRestatementOfFinancialStatementsInCaseOfHyperinflation>214</changesFromRestatementOfFinancialStatementsInCaseOfHyperinflation>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<netProfitLossForThePeriod>-433</netProfitLossForThePeriod>
		</minorityParticipation>
	</capital>
</ReportingInfo>