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	<fromDate>2025-01-01</fromDate>
	<toDate>2025-12-31</toDate>
	<createDate>2026-03-10</createDate>
	<personName>ЧЕРНОМОРСКИ ХОЛДИНГ АД</personName>
	<persontype>Публично дружество</persontype>
	<eik>102192707</eik>
	<represents>Димитър Чернев Янков</represents>
	<representsType>Изпълнителен директор</representsType>
	<addressMain>гр.Бургас, ул.Рилска 9, ет.1</addressMain>
	<addressCorrespondence>гр.Бургас, ул.Рилска 9, ет.1</addressCorrespondence>
	<telephone>0898448869</telephone>
	<email>contact@blackseaholding.eu</email>
	<website>http://blackseaholding.eu/</website>
	<media>http://www.infostock.bg/</media>
	<creator>Илиана Манолова</creator>
	<position>счетоводител</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>49</lands>
						<machines>7</machines>
					</propertiesEquipment>
					<investProperties>60746</investProperties>
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						<propertyRights>4</propertyRights>
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					<commercialReputation>
						<positive>9505</positive>
					</commercialReputation>
					<finAssets>
						<investIn>
							<subsidiaries>31212</subsidiaries>
							<jointVentures>4358</jointVentures>
							<associatedEnterprises>7965</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
						<others>661</others>
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					<tradeReceivables/>
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					<inventories/>
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						<receivablesAffiliatedCompanies>11528</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>3319</receivablesCustomersSuppliers>
						<taxRecovery>15</taxRecovery>
						<others>1278</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
						<others>5</others>
					</finAssets>
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						<finAssetsCash>10</finAssetsCash>
						<finAssetsTimeDeposits>738</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
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				<equity>
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						<registeredContributedCapital>13157</registeredContributedCapital>
						<ordinaryShares>13157</ordinaryShares>
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						<premReserves>17348</premReserves>
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							<generalReserves>1877</generalReserves>
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						<accumulatedProfit>
							<retainedEarnings>50670</retainedEarnings>
							<uncoveredLoss>-15343</uncoveredLoss>
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						<currentProfit>538</currentProfit>
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				<minorityParticipation>1986</minorityParticipation>
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						<receivedLoansBanksNonBanks>1375</receivedLoansBanksNonBanks>
						<bondLoans>21512</bondLoans>
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				<currentLiabilities>
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						<liabilitiesLoansBankNonBank>19592</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>2231</currentPartNonCurrentLiabilities>
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							<obligationsReceivedCommercialLoans>2982</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>42</obligationsSuppliersCustomers>
							<advancesReceived>8985</advancesReceived>
							<taxObligations>222</taxObligations>
						</currentObligations>
						<others>3016</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>49</lands>
						<machines>6</machines>
					</propertiesEquipment>
					<investProperties>53452</investProperties>
					<intangibleAssets/>
					<commercialReputation>
						<positive>4779</positive>
					</commercialReputation>
					<finAssets>
						<investIn>
							<subsidiaries>31212</subsidiaries>
							<jointVentures>4301</jointVentures>
							<associatedEnterprises>7965</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
						<others>664</others>
					</finAssets>
					<tradeReceivables>
						<affiliatedCompanies>11000</affiliatedCompanies>
						<others>4281</others>
					</tradeReceivables>
				</nonCurrentAssets>
				<currentAssets>
					<inventories/>
					<tradeReceivables>
						<others>1619</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
						<others>16</others>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>13</finAssetsCash>
						<finAssetsTimeDeposits>160</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
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			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>13157</registeredContributedCapital>
						<ordinaryShares>13157</ordinaryShares>
					</capitalStock>
					<reserves>
						<premReserves>17348</premReserves>
						<targetReserve>
							<generalReserves>1877</generalReserves>
							<otherReserves>1210</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>46212</retainedEarnings>
							<uncoveredLoss>-12853</uncoveredLoss>
						</accumulatedProfit>
						<currentProfit>752</currentProfit>
					</finResult>
				</equity>
				<minorityParticipation>1</minorityParticipation>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>1956</receivedLoansBanksNonBanks>
						<bondLoans>23508</bondLoans>
					</commercialOtherObligations>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>19012</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>4334</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsReceivedCommercialLoans>2868</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>4</obligationsSuppliersCustomers>
							<dutiesStaff>1</dutiesStaff>
							<obligationsInsuranceCompanies>1</obligationsInsuranceCompanies>
							<taxObligations>58</taxObligations>
						</currentObligations>
						<others>71</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
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			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>311</costsForExternalServices>
						<depreciationExpenses>3</depreciationExpenses>
						<remunerationExpenses>110</remunerationExpenses>
						<insuranceCosts>6</insuranceCosts>
						<others>289</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1773</interestExpense>
						<others>164</others>
					</financialCosts>
				</activityCosts>
				<activityProfit>
					<shareOfProfitOfAssociatesAndJointVentures>58</shareOfProfitOfAssociatesAndJointVentures>
				</activityProfit>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>130</expensesForCurrentCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes>
					<forMinorityParticipation>20</forMinorityParticipation>
				</profitAfterTaxes>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<services>57</services>
						<others>2456</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>591</interestIncome>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>181</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>1</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costsForExternalServices>230</costsForExternalServices>
						<depreciationExpenses>2</depreciationExpenses>
						<remunerationExpenses>103</remunerationExpenses>
						<insuranceCosts>6</insuranceCosts>
						<others>249</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>2046</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>901</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<negativeDifferencesFromChangesInExchangeRates>1</negativeDifferencesFromChangesInExchangeRates>
						<others>223</others>
					</financialCosts>
				</activityCosts>
				<activityProfit>
					<shareOfProfitOfAssociatesAndJointVentures>15</shareOfProfitOfAssociatesAndJointVentures>
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				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>14</expensesForCurrentCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
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			<income>
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					<netRevenueFromSales>
						<services>8</services>
						<others>3718</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>728</interestIncome>
						<others>58</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
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		</previous>
	</incomes>
	<cashFlows>
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			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>13347</receiptsFromCustomers>
				<paymentsToSuppliers>-6294</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-118</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>5</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-15</corporateIncomeTaxesPaid>
				<otherReceiptsPaymentsFromOperationalActivity>-335</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-613</purchaseOfFixedAssets>
				<purchaseOfInvestments>-2868</purchaseOfInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>457</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>3431</proceedsFromLoans>
				<loansPaid>-6421</loansPaid>
				<otherReceiptsPaymentsFromFinancialActivity>-1</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>173</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>748</availabilityInCashAndBank>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>12386</receiptsFromCustomers>
				<paymentsToSuppliers>-4880</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-109</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>331</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-1</corporateIncomeTaxesPaid>
				<otherReceiptsPaymentsFromOperationalActivity>-281</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-1852</purchaseOfFixedAssets>
				<otherReceiptsPaymentsFromInvestmentActivity>6</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>3349</proceedsFromLoans>
				<loansPaid>-8852</loansPaid>
				<otherReceiptsPaymentsFromFinancialActivity>2</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>74</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>173</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/>
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		<specializedTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</specializedTargetReserves>
		<otherTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<balanceAtTheBeginningOfTheReportingPeriod>1210</balanceAtTheBeginningOfTheReportingPeriod>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>3706</otherAmendments>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<coveringLosses>1</coveringLosses>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>-2491</otherAmendments>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>1985</otherAmendments>
		</minorityParticipation>
	</capital>
</ReportingInfo>