<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<ReportingInfo version="1.0">
	<fromDate>2026-01-01</fromDate>
	<toDate>2026-06-30</toDate>
	<createDate>2026-08-31</createDate>
	<personName>Булфинанс Инвестмънт АД</personName>
	<persontype>Емитент на облигации</persontype>
	<eik>125004737</eik>
	<represents>Николай Лазаров, Валентин Ружев</represents>
	<representsType>заедно</representsType>
	<addressMain>гр. София, бул. Тодор Александров 73</addressMain>
	<addressCorrespondence>гр. София, бул. Тодор Александров 73</addressCorrespondence>
	<telephone>0898488912</telephone>
	<email>bfinvestment2015@gmail.com</email>
	<website>www.bulfinance.com</website>
	<media>X3NEWS</media>
	<creator>Димитър Христов</creator>
	<position>главен счетоводител</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>1091</lands>
						<buildings>37</buildings>
						<vehicles>65685</vehicles>
						<businessInventory>106</businessInventory>
						<acqLiqTangibleAssets>21190</acqLiqTangibleAssets>
						<others>11</others>
					</propertiesEquipment>
					<investProperties>10680</investProperties>
					<intangibleAssets>
						<propertyRights>1335</propertyRights>
						<softwareProducts>50</softwareProducts>
						<others>8101</others>
					</intangibleAssets>
					<commercialReputation>
						<positive>3295</positive>
					</commercialReputation>
					<finAssets>
						<investIn>
							<associatedEnterprises>9452</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables>
						<tradeLoans>28098</tradeLoans>
						<financeLease>181056</financeLease>
						<others>4463</others>
					</tradeReceivables>
					<deferredTaxAssets>456</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<goods>2628</goods>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>337</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>8147</receivablesCustomersSuppliers>
						<advancesGranted>4407</advancesGranted>
						<receivablesGrantedCommercialLoans>1951</receivablesGrantedCommercialLoans>
						<taxRecovery>156</taxRecovery>
						<others>93461</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
						<finAssetsForSale>6910</finAssetsForSale>
						<others>30933</others>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>48</finAssetsCash>
						<finAssetsTimeDeposits>3831</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>38</registeredContributedCapital>
						<ordinaryShares>38</ordinaryShares>
					</capitalStock>
					<reserves>
						<targetReserve>
							<generalReserves>10</generalReserves>
							<otherReserves>695</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>11349</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>657</currentProfit>
					</finResult>
				</equity>
				<minorityParticipation>-1865</minorityParticipation>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>60341</receivedLoansBanksNonBanks>
						<zunk>0</zunk>
						<commercialLoans>0</commercialLoans>
						<bondLoans>61780</bondLoans>
						<others>184091</others>
					</commercialOtherObligations>
					<otherNonCurrentLiabilities>94</otherNonCurrentLiabilities>
					<deferredTaxLiabilities>816</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>37574</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>3100</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>3927</obligationsRelatedEnterprises>
							<obligationsReceivedCommercialLoans>46788</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>12673</obligationsSuppliersCustomers>
							<advancesReceived>1350</advancesReceived>
							<dutiesStaff>834</dutiesStaff>
							<obligationsInsuranceCompanies>243</obligationsInsuranceCompanies>
							<taxObligations>406</taxObligations>
						</currentObligations>
						<others>63014</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>1091</lands>
						<buildings>38</buildings>
						<vehicles>66570</vehicles>
						<businessInventory>33</businessInventory>
						<acqLiqTangibleAssets>21182</acqLiqTangibleAssets>
						<others>111</others>
					</propertiesEquipment>
					<investProperties>10903</investProperties>
					<intangibleAssets>
						<propertyRights>1397</propertyRights>
						<softwareProducts>18</softwareProducts>
						<others>5837</others>
					</intangibleAssets>
					<commercialReputation>
						<positive>3295</positive>
					</commercialReputation>
					<finAssets>
						<investIn>
							<associatedEnterprises>9452</associatedEnterprises>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables>
						<tradeLoans>2606</tradeLoans>
						<financeLease>190848</financeLease>
						<others>2139</others>
					</tradeReceivables>
					<deferredTaxAssets>457</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<goods>5210</goods>
					</inventories>
					<tradeReceivables>
						<receivablesCustomersSuppliers>7758</receivablesCustomersSuppliers>
						<taxRecovery>1323</taxRecovery>
						<others>33948</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
						<finAssetsForSale>28389</finAssetsForSale>
						<others>63613</others>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>2345</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>38</registeredContributedCapital>
						<ordinaryShares>38</ordinaryShares>
					</capitalStock>
					<reserves>
						<targetReserve>
							<generalReserves>10</generalReserves>
							<otherReserves>695</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>8311</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>3038</currentProfit>
					</finResult>
				</equity>
				<minorityParticipation>-1958</minorityParticipation>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>232610</receivedLoansBanksNonBanks>
						<bondLoans>63292</bondLoans>
						<others>19978</others>
					</commercialOtherObligations>
					<otherNonCurrentLiabilities>69</otherNonCurrentLiabilities>
					<deferredTaxLiabilities>815</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<liabilitiesLoansBankNonBank>36859</liabilitiesLoansBankNonBank>
						<currentPartNonCurrentLiabilities>3186</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>3927</obligationsRelatedEnterprises>
							<obligationsReceivedCommercialLoans>17782</obligationsReceivedCommercialLoans>
							<obligationsSuppliersCustomers>11989</obligationsSuppliersCustomers>
							<advancesReceived>1574</advancesReceived>
							<dutiesStaff>1061</dutiesStaff>
							<obligationsInsuranceCompanies>244</obligationsInsuranceCompanies>
							<taxObligations>286</taxObligations>
						</currentObligations>
						<others>54757</others>
					</commercialOtherObligations>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>327</costOfMaterials>
						<costsForExternalServices>2655</costsForExternalServices>
						<depreciationExpenses>3709</depreciationExpenses>
						<remunerationExpenses>3894</remunerationExpenses>
						<insuranceCosts>682</insuranceCosts>
						<others>3956</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>4765</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>204</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>1409</others>
					</financialCosts>
				</activityCosts>
				<activityProfit>
					<shareOfProfitOfAssociatesAndJointVentures>66</shareOfProfitOfAssociatesAndJointVentures>
				</activityProfit>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>25</expensesForCurrentCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes>
					<forMinorityParticipation>93</forMinorityParticipation>
				</profitAfterTaxes>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<goods>2903</goods>
						<services>10618</services>
						<others>3217</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>1831</interestIncome>
						<incomeFromDividends>0</incomeFromDividends>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>1006</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>2735</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>301</costOfMaterials>
						<costsForExternalServices>2380</costsForExternalServices>
						<depreciationExpenses>4082</depreciationExpenses>
						<remunerationExpenses>3524</remunerationExpenses>
						<insuranceCosts>621</insuranceCosts>
						<others>4732</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>3643</interestExpense>
						<negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>274</negativeDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>273</others>
					</financialCosts>
				</activityCosts>
				<activityProfit>
					<shareOfProfitOfAssociatesAndJointVentures>1830</shareOfProfitOfAssociatesAndJointVentures>
				</activityProfit>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>65</expensesForCurrentCorporateIncomeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>72</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes>
					<forMinorityParticipation>7</forMinorityParticipation>
				</profitAfterTaxes>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<goods>456</goods>
						<services>10137</services>
						<others>7995</others>
					</netRevenueFromSales>
					<financialIncome>
						<interestIncome>1180</interestIncome>
						<incomeFromDividends>80</incomeFromDividends>
						<positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>1279</positiveDifferencesFromOperationsWithFinancialAssetsAndInstruments>
						<others>271</others>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>44857</receiptsFromCustomers>
				<paymentsToSuppliers>-31562</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-4879</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>444</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-79</corporateIncomeTaxesPaid>
				<interestReceived>585</interestReceived>
				<otherReceiptsPaymentsFromOperationalActivity>185</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-4098</purchaseOfFixedAssets>
				<proceedsFromTheSaleOfFixedAssets>1284</proceedsFromTheSaleOfFixedAssets>
				<loansGranted>-28550</loansGranted>
				<reimbursedGrantedLoans>921</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>190</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-2673</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>7096</proceedsFromSaleOfInvestments>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>38354</proceedsFromLoans>
				<loansPaid>-13472</loansPaid>
				<paidObligationsUnderLeasingContracts>-3038</paidObligationsUnderLeasingContracts>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-3197</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<otherReceiptsPaymentsFromFinancialActivity>-834</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>2345</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>3879</availabilityInCashAndBank>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>33948</receiptsFromCustomers>
				<paymentsToSuppliers>-18893</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-3810</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>-973</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-32</corporateIncomeTaxesPaid>
				<interestReceived>587</interestReceived>
				<otherReceiptsPaymentsFromOperationalActivity>-1</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-8681</purchaseOfFixedAssets>
				<proceedsFromTheSaleOfFixedAssets>1264</proceedsFromTheSaleOfFixedAssets>
				<loansGranted>-883</loansGranted>
				<reimbursedGrantedLoans>982</reimbursedGrantedLoans>
				<receivedInterestOnLoansGranted>1</receivedInterestOnLoansGranted>
				<purchaseOfInvestments>-77</purchaseOfInvestments>
				<proceedsFromSaleOfInvestments>206</proceedsFromSaleOfInvestments>
				<otherReceiptsPaymentsFromInvestmentActivity>1122</otherReceiptsPaymentsFromInvestmentActivity>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromLoans>13107</proceedsFromLoans>
				<loansPaid>-13990</loansPaid>
				<paidObligationsUnderLeasingContracts>-662</paidObligationsUnderLeasingContracts>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-2575</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<otherReceiptsPaymentsFromFinancialActivity>-935</otherReceiptsPaymentsFromFinancialActivity>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>1482</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>1187</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/>
			<balanceAtTheBeginningOfTheReportingPeriod>695</balanceAtTheBeginningOfTheReportingPeriod>
		</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>93</otherAmendments>
		</minorityParticipation>
	</capital>
</ReportingInfo>