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	<fromDate>2025-01-01</fromDate>
	<toDate>2025-12-31</toDate>
	<createDate>2026-04-14</createDate>
	<personName>МАК АД</personName>
	<persontype>Публично дружество</persontype>
	<eik>817059257</eik>
	<represents>Йонко Бориславов Костадинов</represents>
	<representsType>Изпълнителен директор</representsType>
	<addressMain>Габрово, бул. Трети март №9</addressMain>
	<addressCorrespondence>Габрово, бул. Трети март №9</addressCorrespondence>
	<telephone>+35966801264</telephone>
	<fax>+35966801243</fax>
	<email>secretary@mak.bg</email>
	<website>www.mak.bg</website>
	<media>http://www.x3news.com/</media>
	<creator>Ваня Цветанова Генева</creator>
	<position>Главен счетоводител</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>383</lands>
						<buildings>3101</buildings>
						<machines>9064</machines>
						<facilities>3038</facilities>
						<vehicles>313</vehicles>
						<businessInventory>42</businessInventory>
						<acqLiqTangibleAssets>239</acqLiqTangibleAssets>
						<others>242</others>
					</propertiesEquipment>
					<investProperties>2803</investProperties>
					<intangibleAssets>
						<softwareProducts>4</softwareProducts>
						<others>0</others>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<otherBusinesses>2</otherBusinesses>
						</investIn>
						<heldToMaturity/>
					</finAssets>
					<tradeReceivables>
						<others>26</others>
					</tradeReceivables>
					<deferredTaxAssets>226</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>6048</materials>
						<production>5543</production>
						<goods>130</goods>
						<workInProgress>7180</workInProgress>
					</inventories>
					<tradeReceivables>
						<receivablesCustomersSuppliers>1625</receivablesCustomersSuppliers>
						<advancesGranted>954</advancesGranted>
						<litigationClaims>13</litigationClaims>
						<taxRecovery>960</taxRecovery>
						<others>47</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
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					<cashAndCashEquivalents>
						<finAssetsCash>2</finAssetsCash>
						<finAssetsTimeDeposits>11552</finAssetsTimeDeposits>
						<blockedFunds>876</blockedFunds>
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					<futureExpenses>42</futureExpenses>
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				<equity>
					<capitalStock>
						<registeredContributedCapital>405</registeredContributedCapital>
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					<reserves>
						<subsequentValuationAssetsReserve>95</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>53</generalReserves>
							<otherReserves>12255</otherReserves>
						</targetReserve>
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					<finResult>
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							<retainedEarnings>25923</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>7431</currentProfit>
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				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>25</receivedLoansBanksNonBanks>
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					<otherNonCurrentLiabilities>306</otherNonCurrentLiabilities>
					<deferredTaxLiabilities>457</deferredTaxLiabilities>
					<funds>1534</funds>
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				<currentLiabilities>
					<commercialOtherObligations>
						<currentPartNonCurrentLiabilities>33</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>291</obligationsRelatedEnterprises>
							<obligationsSuppliersCustomers>1490</obligationsSuppliersCustomers>
							<advancesReceived>2807</advancesReceived>
							<dutiesStaff>712</dutiesStaff>
							<obligationsInsuranceCompanies>155</obligationsInsuranceCompanies>
							<taxObligations>376</taxObligations>
						</currentObligations>
						<others>17</others>
					</commercialOtherObligations>
					<funds>90</funds>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>383</lands>
						<buildings>3393</buildings>
						<machines>7110</machines>
						<facilities>1131</facilities>
						<vehicles>238</vehicles>
						<businessInventory>60</businessInventory>
						<acqLiqTangibleAssets>2868</acqLiqTangibleAssets>
						<others>275</others>
					</propertiesEquipment>
					<investProperties>2927</investProperties>
					<intangibleAssets>
						<softwareProducts>55</softwareProducts>
						<others>5</others>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<otherBusinesses>2</otherBusinesses>
						</investIn>
						<heldToMaturity/>
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					<tradeReceivables>
						<others>26</others>
					</tradeReceivables>
					<deferredTaxAssets>112</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>4468</materials>
						<production>4708</production>
						<goods>236</goods>
						<workInProgress>4618</workInProgress>
					</inventories>
					<tradeReceivables>
						<receivablesCustomersSuppliers>4705</receivablesCustomersSuppliers>
						<advancesGranted>520</advancesGranted>
						<litigationClaims>13</litigationClaims>
						<taxRecovery>437</taxRecovery>
						<others>10</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>3</finAssetsCash>
						<finAssetsTimeDeposits>9331</finAssetsTimeDeposits>
						<blockedFunds>7499</blockedFunds>
					</cashAndCashEquivalents>
					<futureExpenses>41</futureExpenses>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>405</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<subsequentValuationAssetsReserve>106</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>53</generalReserves>
							<otherReserves>12255</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>22764</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>5984</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>61</receivedLoansBanksNonBanks>
					</commercialOtherObligations>
					<otherNonCurrentLiabilities>282</otherNonCurrentLiabilities>
					<deferredTaxLiabilities>329</deferredTaxLiabilities>
					<funds>459</funds>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentPartNonCurrentLiabilities>32</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>180</obligationsRelatedEnterprises>
							<obligationsSuppliersCustomers>1356</obligationsSuppliersCustomers>
							<advancesReceived>9784</advancesReceived>
							<dutiesStaff>708</dutiesStaff>
							<obligationsInsuranceCompanies>148</obligationsInsuranceCompanies>
							<taxObligations>179</taxObligations>
						</currentObligations>
						<others>47</others>
					</commercialOtherObligations>
					<funds>42</funds>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>12643</costOfMaterials>
						<costsForExternalServices>20754</costsForExternalServices>
						<depreciationExpenses>1611</depreciationExpenses>
						<remunerationExpenses>5493</remunerationExpenses>
						<insuranceCosts>983</insuranceCosts>
						<balanceValueOfSoldAssets>234</balanceValueOfSoldAssets>
						<changeInInventoriesOfProductionAndWorkInProgress>-2259</changeInInventoriesOfProductionAndWorkInProgress>
						<others>394</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>3</interestExpense>
						<negativeDifferencesFromChangesInExchangeRates>40</negativeDifferencesFromChangesInExchangeRates>
						<others>138</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>857</expensesForCurrentCorporateIncomeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>15</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<production>42527</production>
						<goods>18</goods>
						<services>4813</services>
						<others>729</others>
					</netRevenueFromSales>
					<incomeFromFinancing>144</incomeFromFinancing>
					<financialIncome>
						<interestIncome>78</interestIncome>
						<positiveDifferencesFromExchangeRateChanges>28</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>13834</costOfMaterials>
						<costsForExternalServices>14783</costsForExternalServices>
						<depreciationExpenses>1433</depreciationExpenses>
						<remunerationExpenses>5310</remunerationExpenses>
						<insuranceCosts>942</insuranceCosts>
						<balanceValueOfSoldAssets>293</balanceValueOfSoldAssets>
						<changeInInventoriesOfProductionAndWorkInProgress>-661</changeInInventoriesOfProductionAndWorkInProgress>
						<others>325</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>5</interestExpense>
						<negativeDifferencesFromChangesInExchangeRates>23</negativeDifferencesFromChangesInExchangeRates>
						<others>79</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>678</expensesForCurrentCorporateIncomeTaxes>
					<expenseOfDeferredCorporateIncomeTaxes>-76</expenseOfDeferredCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<production>35062</production>
						<goods>18</goods>
						<services>6992</services>
						<others>707</others>
					</netRevenueFromSales>
					<incomeFromFinancing>118</incomeFromFinancing>
					<financialIncome>
						<interestIncome>43</interestIncome>
						<positiveDifferencesFromExchangeRateChanges>12</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>46256</receiptsFromCustomers>
				<paymentsToSuppliers>-41845</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-6339</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>3086</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-815</corporateIncomeTaxesPaid>
				<interestReceived>35</interestReceived>
				<paidBankChargesAndInterestOnShortTermLoansForWorkingCapital>-139</paidBankChargesAndInterestOnShortTermLoansForWorkingCapital>
				<exchangeRateDifferences>-10</exchangeRateDifferences>
				<otherReceiptsPaymentsFromOperationalActivity>1081</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-3074</purchaseOfFixedAssets>
				<proceedsFromTheSaleOfFixedAssets>93</proceedsFromTheSaleOfFixedAssets>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<proceedsFromIssuingSecurities>1</proceedsFromIssuingSecurities>
				<paidObligationsUnderLeasingContracts>-32</paidObligationsUnderLeasingContracts>
				<dividendsPaid>-2701</dividendsPaid>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>16833</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>11554</availabilityInCashAndBank>
				<blockedFunds>876</blockedFunds>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>50077</receiptsFromCustomers>
				<paymentsToSuppliers>-34196</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-6160</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>2757</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-707</corporateIncomeTaxesPaid>
				<interestReceived>43</interestReceived>
				<paidBankChargesAndInterestOnShortTermLoansForWorkingCapital>-77</paidBankChargesAndInterestOnShortTermLoansForWorkingCapital>
				<exchangeRateDifferences>-13</exchangeRateDifferences>
				<otherReceiptsPaymentsFromOperationalActivity>-92</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-3350</purchaseOfFixedAssets>
				<proceedsFromTheSaleOfFixedAssets>81</proceedsFromTheSaleOfFixedAssets>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<paidObligationsUnderLeasingContracts>-32</paidObligationsUnderLeasingContracts>
				<dividendsPaid>-2523</dividendsPaid>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>11025</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>9334</availabilityInCashAndBank>
				<blockedFunds>7499</blockedFunds>
			</cashFlowsPeriodEnd>
		</previous>
	</cashFlows>
	<capital>
		<capitalStock>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</capitalStock>
		<premiumReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</premiumReserve>
		<reserveFromSubsequentValuations>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>-11</otherAmendments>
		</reserveFromSubsequentValuations>
		<generalTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</generalTargetReserves>
		<specializedTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</specializedTargetReserves>
		<otherTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<balanceAtTheBeginningOfTheReportingPeriod>12255</balanceAtTheBeginningOfTheReportingPeriod>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances/>
			<profitSharing>
				<dividends>-2830</dividends>
			</profitSharing>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>5</otherAmendments>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</minorityParticipation>
	</capital>
</ReportingInfo>