<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<ReportingInfo version="1.0">
	<fromDate>2025-01-01</fromDate>
	<toDate>2025-03-31</toDate>
	<createDate>2025-04-22</createDate>
	<personName>МАК АД</personName>
	<persontype>Публично дружество</persontype>
	<eik>817059257</eik>
	<represents>Йонко Бориславов Костадинов </represents>
	<representsType>Изпълнителен директор</representsType>
	<addressMain>гр. Габрово 5300, бул. Трети март 9</addressMain>
	<addressCorrespondence>гр. Габрово 5300, бул. Трети март 9</addressCorrespondence>
	<telephone>+35966801264</telephone>
	<fax>+35966801243</fax>
	<email>secretary@mak.bg</email>
	<website>http://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>2609</buildings>
						<machines>9457</machines>
						<facilities>1164</facilities>
						<vehicles>108</vehicles>
						<businessInventory>39</businessInventory>
						<acqLiqTangibleAssets>311</acqLiqTangibleAssets>
						<others>238</others>
					</propertiesEquipment>
					<investProperties>3615</investProperties>
					<intangibleAssets/>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>6</subsidiaries>
							<otherBusinesses>2</otherBusinesses>
						</investIn>
						<heldToMaturity/>
						<others>26</others>
					</finAssets>
					<tradeReceivables/>
					<deferredTaxAssets>99</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>2869</materials>
						<production>4164</production>
						<goods>1122</goods>
						<workInProgress>1291</workInProgress>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>600</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>2286</receivablesCustomersSuppliers>
						<advancesGranted>288</advancesGranted>
						<taxRecovery>547</taxRecovery>
						<others>25</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>2</finAssetsCash>
						<finAssetsTimeDeposits>8155</finAssetsTimeDeposits>
						<blockedFunds>9061</blockedFunds>
					</cashAndCashEquivalents>
					<futureExpenses>24</futureExpenses>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>405</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<subsequentValuationAssetsReserve>106</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>53</generalReserves>
							<otherReserves>8321</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>21739</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>706</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>37</receivedLoansBanksNonBanks>
					</commercialOtherObligations>
					<otherNonCurrentLiabilities>237</otherNonCurrentLiabilities>
					<deferredTaxLiabilities>323</deferredTaxLiabilities>
					<funds>459</funds>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentPartNonCurrentLiabilities>25</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>6019</obligationsRelatedEnterprises>
							<obligationsSuppliersCustomers>969</obligationsSuppliersCustomers>
							<advancesReceived>8362</advancesReceived>
							<dutiesStaff>414</dutiesStaff>
							<obligationsInsuranceCompanies>144</obligationsInsuranceCompanies>
							<taxObligations>109</taxObligations>
						</currentObligations>
						<others>31</others>
					</commercialOtherObligations>
					<funds>32</funds>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>383</lands>
						<buildings>2669</buildings>
						<machines>7002</machines>
						<facilities>1131</facilities>
						<vehicles>120</vehicles>
						<businessInventory>43</businessInventory>
						<acqLiqTangibleAssets>2861</acqLiqTangibleAssets>
						<others>251</others>
					</propertiesEquipment>
					<investProperties>3651</investProperties>
					<intangibleAssets>
						<softwareProducts>5</softwareProducts>
						<others>5</others>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<subsidiaries>6</subsidiaries>
							<otherBusinesses>2</otherBusinesses>
						</investIn>
						<heldToMaturity/>
						<others>26</others>
					</finAssets>
					<tradeReceivables/>
					<deferredTaxAssets>99</deferredTaxAssets>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>3137</materials>
						<production>3235</production>
						<goods>104</goods>
						<workInProgress>1287</workInProgress>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>299</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>4252</receivablesCustomersSuppliers>
						<advancesGranted>377</advancesGranted>
						<taxRecovery>239</taxRecovery>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsTimeDeposits>7147</finAssetsTimeDeposits>
						<blockedFunds>7499</blockedFunds>
					</cashAndCashEquivalents>
					<futureExpenses>33</futureExpenses>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>405</registeredContributedCapital>
					</capitalStock>
					<reserves>
						<subsequentValuationAssetsReserve>106</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>53</generalReserves>
							<otherReserves>8321</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>17940</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>3799</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations>
						<receivedLoansBanksNonBanks>44</receivedLoansBanksNonBanks>
					</commercialOtherObligations>
					<otherNonCurrentLiabilities>237</otherNonCurrentLiabilities>
					<deferredTaxLiabilities>323</deferredTaxLiabilities>
					<funds>459</funds>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentPartNonCurrentLiabilities>25</currentPartNonCurrentLiabilities>
						<currentObligations>
							<obligationsRelatedEnterprises>3567</obligationsRelatedEnterprises>
							<obligationsSuppliersCustomers>791</obligationsSuppliersCustomers>
							<advancesReceived>8993</advancesReceived>
							<dutiesStaff>526</dutiesStaff>
							<obligationsInsuranceCompanies>96</obligationsInsuranceCompanies>
							<taxObligations>91</taxObligations>
						</currentObligations>
						<others>45</others>
					</commercialOtherObligations>
					<funds>42</funds>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>2785</costOfMaterials>
						<costsForExternalServices>1630</costsForExternalServices>
						<depreciationExpenses>337</depreciationExpenses>
						<remunerationExpenses>790</remunerationExpenses>
						<insuranceCosts>171</insuranceCosts>
						<balanceValueOfSoldAssets>3889</balanceValueOfSoldAssets>
						<changeInInventoriesOfProductionAndWorkInProgress>-993</changeInInventoriesOfProductionAndWorkInProgress>
						<others>13</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1</interestExpense>
						<negativeDifferencesFromChangesInExchangeRates>3</negativeDifferencesFromChangesInExchangeRates>
						<others>46</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes/>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<production>4991</production>
						<goods>4006</goods>
						<services>134</services>
						<others>160</others>
					</netRevenueFromSales>
					<incomeFromFinancing>62</incomeFromFinancing>
					<financialIncome>
						<interestIncome>8</interestIncome>
						<positiveDifferencesFromExchangeRateChanges>17</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>2343</costOfMaterials>
						<costsForExternalServices>455</costsForExternalServices>
						<depreciationExpenses>321</depreciationExpenses>
						<remunerationExpenses>810</remunerationExpenses>
						<insuranceCosts>173</insuranceCosts>
						<balanceValueOfSoldAssets>4350</balanceValueOfSoldAssets>
						<changeInInventoriesOfProductionAndWorkInProgress>-119</changeInInventoriesOfProductionAndWorkInProgress>
						<others>22</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>1</interestExpense>
						<negativeDifferencesFromChangesInExchangeRates>1</negativeDifferencesFromChangesInExchangeRates>
						<others>7</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes/>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<production>4320</production>
						<goods>4677</goods>
						<services>154</services>
						<others>115</others>
					</netRevenueFromSales>
					<incomeFromFinancing>10</incomeFromFinancing>
					<financialIncome>
						<positiveDifferencesFromExchangeRateChanges>11</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>8426</receiptsFromCustomers>
				<paymentsToSuppliers>-5035</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-1034</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>359</taxesPaidRefunded>
				<interestReceived>8</interestReceived>
				<exchangeRateDifferences>16</exchangeRateDifferences>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-164</purchaseOfFixedAssets>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<dividendsPaid>-4</dividendsPaid>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>14646</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>17218</availabilityInCashAndBank>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>5033</receiptsFromCustomers>
				<paymentsToSuppliers>-3435</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-1055</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>24</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>0</corporateIncomeTaxesPaid>
				<interestReceived>11</interestReceived>
				<exchangeRateDifferences>-1</exchangeRateDifferences>
				<otherReceiptsPaymentsFromOperationalActivity>-7</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-181</purchaseOfFixedAssets>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity/>
			<cashFlowsPeriodStart>10184</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>10573</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>8321</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/>
		</minorityParticipation>
	</capital>
</ReportingInfo>