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	<fromDate>2026-01-01</fromDate>
	<toDate>2026-09-30</toDate>
	<createDate>2026-10-19</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, кк Св. Св. Константин и Елена, адм. сграда</addressMain>
	<addressCorrespondence>гр. Варна, кк 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 Р. Маркова-Гюрова</creator>
	<position>Гл. счетоводител</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>8763</lands>
						<machines>6818</machines>
						<businessInventory>16</businessInventory>
						<acqLiqTangibleAssets>13522</acqLiqTangibleAssets>
						<others>34</others>
					</propertiesEquipment>
					<investProperties>2155</investProperties>
					<intangibleAssets>
						<softwareProducts>2</softwareProducts>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>65215</subsidiaries>
							<otherBusinesses>207</otherBusinesses>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>17682</affiliatedCompanies>
					</tradeReceivables>
					<deferredTaxAssets>102</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories/>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>13102</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>397</receivablesCustomersSuppliers>
						<advancesGranted>7</advancesGranted>
						<receivablesGrantedCommercialLoans>6399</receivablesGrantedCommercialLoans>
						<taxRecovery>271</taxRecovery>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>5945</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>750</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>3308</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<premReserves>80179</premReserves>
						<targetReserve>
							<otherReserves>582</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>24435</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>677</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>5451</receivedLoansBanksNonBanks>
						<bondLoans>10092</bondLoans>
						<others>213</others>
					</commercialOtherObligations>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>8844</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>500</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsReceivedCommercialLoans>6676</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>391</obligationsSuppliersCustomers>
							<dutiesStaff>31</dutiesStaff>
						</currentObligations>
						<others>8</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>8763</lands>
						<machines>7009</machines>
						<businessInventory>18</businessInventory>
						<acqLiqTangibleAssets>10273</acqLiqTangibleAssets>
						<others>49</others>
					</propertiesEquipment>
					<investProperties>2155</investProperties>
					<intangibleAssets>
						<softwareProducts>2</softwareProducts>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>65180</subsidiaries>
							<otherBusinesses>207</otherBusinesses>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>24155</affiliatedCompanies>
					</tradeReceivables>
					<deferredTaxAssets>210</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories/>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>8058</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>170</receivablesCustomersSuppliers>
						<advancesGranted>175</advancesGranted>
						<receivablesGrantedCommercialLoans>5174</receivablesGrantedCommercialLoans>
						<taxRecovery>526</taxRecovery>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading>
							<others>5733</others>
						</finAssetsKeptForTrading>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>1232</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>3316</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<premReserves>80179</premReserves>
						<targetReserve>
							<otherReserves>582</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>22246</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>2181</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>6005</receivedLoansBanksNonBanks>
						<bondLoans>7939</bondLoans>
						<others>208</others>
					</commercialOtherObligations>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>9386</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>500</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsReceivedCommercialLoans>5977</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>519</obligationsSuppliersCustomers>
							<dutiesStaff>33</dutiesStaff>
							<taxObligations>1</taxObligations>
						</currentObligations>
						<others>17</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>15</costOfMaterials>
						<costsForExternalServices>425</costsForExternalServices>
						<depreciationExpenses>211</depreciationExpenses>
						<remunerationExpenses>193</remunerationExpenses>
						<insuranceCosts>23</insuranceCosts>
						<others>56</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>530</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>151</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>27</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>108</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>477</services>
						<others>9</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>558</interestIncome>
						<incomeFromDividends>274</incomeFromDividends>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>229</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>869</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>42</costOfMaterials>
						<costsForExternalServices>268</costsForExternalServices>
						<depreciationExpenses>197</depreciationExpenses>
						<remunerationExpenses>170</remunerationExpenses>
						<insuranceCosts>18</insuranceCosts>
						<others>49</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>572</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>7</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>39</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>48</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>511</services>
						<others>4</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>570</interestIncome>
						<incomeFromDividends>427</incomeFromDividends>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>90</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>408</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>4600</receiptsFromCustomers>
				<paymentsToSuppliers>-1274</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-199</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>742</taxesPaidRefunded>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-3095</purchaseOfFixedAssets>
				<loansGranted>-14126</loansGranted>
				<reimbursedGrantedLoans>10866</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>272</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-36</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>185</proceedsFromSaleOfInvestments>
				<dividendsReceivedFromInvestments>418</dividendsReceivedFromInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>-52</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>27849</proceedsFromLoans>
				<loansPaid>-25923</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-708</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<otherReceiptsPaymentsFromFinancialActivity>-1</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>1232</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd/>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>835</receiptsFromCustomers>
				<paymentsToSuppliers>-1227</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-174</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>662</taxesPaidRefunded>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-3573</purchaseOfFixedAssets>
				<loansGranted>-13323</loansGranted>
				<reimbursedGrantedLoans>10380</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>164</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-582</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>3555</proceedsFromSaleOfInvestments>
				<dividendsReceivedFromInvestments>176</dividendsReceivedFromInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>32</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>31187</proceedsFromLoans>
				<loansPaid>-26688</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-598</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<otherReceiptsPaymentsFromFinancialActivity>-1</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>577</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/>
			<balanceAtTheBeginningOfTheReportingPeriod>582</balanceAtTheBeginningOfTheReportingPeriod>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances>
				<effectOfChangesInAccountingPolicy>8</effectOfChangesInAccountingPolicy>
			</changesInOpeningBalances>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</minorityParticipation>
	</capital>
</ReportingInfo>