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<ReportingInfo version="1.0">
	<fromDate>2026-01-01</fromDate>
	<toDate>31.3.2026</toDate>
	<createDate>2026-04-23</createDate>
	<personName>Хидравлични елементи и системи АД</personName>
	<persontype>Публично дружество</persontype>
	<eik>838168266</eik>
	<represents>Венцислав Иванов Калудов</represents>
	<representsType>Прокурист</representsType>
	<addressMain>град Ямбол ул. Пирин № 1</addressMain>
	<addressCorrespondence>8600 Ямбол ул. Пирин № 1</addressCorrespondence>
	<telephone>+35946661464 </telephone>
	<fax>+35946661456 </fax>
	<email>info@hes-co.com </email>
	<website>www.hes-co.com</website>
	<media>http://www.x3news.com/?page=Company&amp;BULSTAT=838168266 </media>
	<creator>Радослава Димитрова Дончева</creator>
	<position>Финансов директор</position>
	<balance>
		<current>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>543</lands>
						<buildings>1534</buildings>
						<machines>4484</machines>
						<facilities>1676</facilities>
						<vehicles>90</vehicles>
						<businessInventory>110</businessInventory>
						<acqLiqTangibleAssets>469</acqLiqTangibleAssets>
					</propertiesEquipment>
					<intangibleAssets>
						<softwareProducts>511</softwareProducts>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<otherBusinesses>4020</otherBusinesses>
						</investIn>
						<heldToMaturity/>
						<others>312</others>
					</finAssets>
					<tradeReceivables/>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>4722</materials>
						<production>264</production>
						<workInProgress>447</workInProgress>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>319</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>9740</receivablesCustomersSuppliers>
						<advancesGranted>127</advancesGranted>
						<taxRecovery>317</taxRecovery>
						<others>9</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>1</finAssetsCash>
						<finAssetsTimeDeposits>809</finAssetsTimeDeposits>
					</cashAndCashEquivalents>
					<futureExpenses>103</futureExpenses>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>9279</registeredContributedCapital>
						<ordinaryShares>9279</ordinaryShares>
					</capitalStock>
					<reserves>
						<subsequentValuationAssetsReserve>4033</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>930</generalReserves>
							<otherReserves>1471</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>6518</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>1226</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations/>
					<deferredTaxLiabilities>270</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentObligations>
							<obligationsRelatedEnterprises>913</obligationsRelatedEnterprises>
							<obligationsSuppliersCustomers>3616</obligationsSuppliersCustomers>
							<advancesReceived>386</advancesReceived>
							<dutiesStaff>1126</dutiesStaff>
							<obligationsInsuranceCompanies>303</obligationsInsuranceCompanies>
							<taxObligations>284</taxObligations>
						</currentObligations>
						<others>244</others>
					</commercialOtherObligations>
					<futureIncome>8</futureIncome>
				</currentLiabilities>
			</passives>
		</current>
		<previous>
			<assets>
				<nonCurrentAssets>
					<propertiesEquipment>
						<lands>548</lands>
						<buildings>1572</buildings>
						<machines>4941</machines>
						<facilities>1701</facilities>
						<vehicles>75</vehicles>
						<businessInventory>118</businessInventory>
						<acqLiqTangibleAssets>603</acqLiqTangibleAssets>
					</propertiesEquipment>
					<intangibleAssets>
						<softwareProducts>297</softwareProducts>
					</intangibleAssets>
					<commercialReputation/>
					<finAssets>
						<investIn>
							<otherBusinesses>4020</otherBusinesses>
						</investIn>
						<heldToMaturity/>
						<others>312</others>
					</finAssets>
					<tradeReceivables/>
				</nonCurrentAssets>
				<currentAssets>
					<inventories>
						<materials>4399</materials>
						<production>603</production>
						<workInProgress>556</workInProgress>
					</inventories>
					<tradeReceivables>
						<receivablesAffiliatedCompanies>122</receivablesAffiliatedCompanies>
						<receivablesCustomersSuppliers>9109</receivablesCustomersSuppliers>
						<advancesGranted>24</advancesGranted>
						<taxRecovery>685</taxRecovery>
						<others>1</others>
					</tradeReceivables>
					<finAssets>
						<finAssetsKeptForTrading/>
					</finAssets>
					<cashAndCashEquivalents>
						<finAssetsCash>0</finAssetsCash>
						<finAssetsTimeDeposits>1212</finAssetsTimeDeposits>
						<blockedFunds>38</blockedFunds>
					</cashAndCashEquivalents>
					<futureExpenses>54</futureExpenses>
				</currentAssets>
			</assets>
			<passives>
				<equity>
					<capitalStock>
						<registeredContributedCapital>9302</registeredContributedCapital>
						<ordinaryShares>9302</ordinaryShares>
					</capitalStock>
					<reserves>
						<subsequentValuationAssetsReserve>4061</subsequentValuationAssetsReserve>
						<targetReserve>
							<generalReserves>930</generalReserves>
							<otherReserves>1471</otherReserves>
						</targetReserve>
					</reserves>
					<finResult>
						<accumulatedProfit>
							<retainedEarnings>3938</retainedEarnings>
						</accumulatedProfit>
						<currentProfit>2525</currentProfit>
					</finResult>
				</equity>
				<nonCurrentLiabilities>
					<commercialOtherObligations/>
					<deferredTaxLiabilities>273</deferredTaxLiabilities>
				</nonCurrentLiabilities>
				<currentLiabilities>
					<commercialOtherObligations>
						<currentObligations>
							<obligationsRelatedEnterprises>2204</obligationsRelatedEnterprises>
							<obligationsSuppliersCustomers>4109</obligationsSuppliersCustomers>
							<advancesReceived>387</advancesReceived>
							<dutiesStaff>1100</dutiesStaff>
							<obligationsInsuranceCompanies>290</obligationsInsuranceCompanies>
							<taxObligations>158</taxObligations>
						</currentObligations>
						<others>237</others>
					</commercialOtherObligations>
					<futureIncome>5</futureIncome>
				</currentLiabilities>
			</passives>
		</previous>
	</balance>
	<incomes>
		<current>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>5374</costOfMaterials>
						<costsForExternalServices>1214</costsForExternalServices>
						<depreciationExpenses>616</depreciationExpenses>
						<remunerationExpenses>2201</remunerationExpenses>
						<insuranceCosts>415</insuranceCosts>
						<balanceValueOfSoldAssets>202</balanceValueOfSoldAssets>
						<changeInInventoriesOfProductionAndWorkInProgress>448</changeInInventoriesOfProductionAndWorkInProgress>
						<others>65</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>12</interestExpense>
						<negativeDifferencesFromChangesInExchangeRates>0</negativeDifferencesFromChangesInExchangeRates>
						<others>3</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>136</expensesForCurrentCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<production>11310</production>
						<services>43</services>
						<others>544</others>
					</netRevenueFromSales>
					<incomeFromFinancing>0</incomeFromFinancing>
					<incomeFromFinancingOfGovernment>0</incomeFromFinancingOfGovernment>
					<financialIncome>
						<positiveDifferencesFromExchangeRateChanges>15</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</current>
		<previous>
			<expenses>
				<activityCosts>
					<economicElementsCosts>
						<costOfMaterials>4715</costOfMaterials>
						<costsForExternalServices>1054</costsForExternalServices>
						<depreciationExpenses>543</depreciationExpenses>
						<remunerationExpenses>1771</remunerationExpenses>
						<insuranceCosts>337</insuranceCosts>
						<balanceValueOfSoldAssets>183</balanceValueOfSoldAssets>
						<changeInInventoriesOfProductionAndWorkInProgress>356</changeInInventoriesOfProductionAndWorkInProgress>
						<others>80</others>
					</economicElementsCosts>
					<financialCosts>
						<interestExpense>15</interestExpense>
						<negativeDifferencesFromChangesInExchangeRates>47</negativeDifferencesFromChangesInExchangeRates>
						<others>3</others>
					</financialCosts>
				</activityCosts>
				<activityProfit/>
				<profitBeforeTaxes>
					<expensesForCurrentCorporateIncomeTaxes>71</expensesForCurrentCorporateIncomeTaxes>
				</profitBeforeTaxes>
				<profitAfterTaxes/>
			</expenses>
			<income>
				<activityIncome>
					<netRevenueFromSales>
						<production>9406</production>
						<services>32</services>
						<others>317</others>
					</netRevenueFromSales>
					<incomeFromFinancing>63</incomeFromFinancing>
					<incomeFromFinancingOfGovernment>63</incomeFromFinancingOfGovernment>
					<financialIncome>
						<positiveDifferencesFromExchangeRateChanges>3</positiveDifferencesFromExchangeRateChanges>
					</financialIncome>
				</activityIncome>
				<activityLoss/>
				<lossAfterTax/>
			</income>
		</previous>
	</incomes>
	<cashFlows>
		<current>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>10747</receiptsFromCustomers>
				<paymentsToSuppliers>-8424</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-2740</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>1411</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-69</corporateIncomeTaxesPaid>
				<exchangeRateDifferences>6</exchangeRateDifferences>
				<otherReceiptsPaymentsFromOperationalActivity>-69</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-231</purchaseOfFixedAssets>
				<proceedsFromTheSaleOfFixedAssets>231</proceedsFromTheSaleOfFixedAssets>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<loansPaid>-1287</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-11</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<dividendsPaid>-4</dividendsPaid>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>1250</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>810</availabilityInCashAndBank>
				<blockedFunds>0</blockedFunds>
			</cashFlowsPeriodEnd>
		</current>
		<previous>
			<cashFlowsFromOperationalActivity>
				<receiptsFromCustomers>9253</receiptsFromCustomers>
				<paymentsToSuppliers>-6630</paymentsToSuppliers>
				<paymentsRelatedToRemuneration>-2250</paymentsRelatedToRemuneration>
				<taxesPaidRefunded>1135</taxesPaidRefunded>
				<corporateIncomeTaxesPaid>-39</corporateIncomeTaxesPaid>
				<exchangeRateDifferences>-25</exchangeRateDifferences>
				<otherReceiptsPaymentsFromOperationalActivity>-44</otherReceiptsPaymentsFromOperationalActivity>
			</cashFlowsFromOperationalActivity>
			<cashFlowsFromInvestmentActivity>
				<purchaseOfFixedAssets>-599</purchaseOfFixedAssets>
			</cashFlowsFromInvestmentActivity>
			<cashFlowsFromFinancialActivity>
				<loansPaid>-665</loansPaid>
				<paidInterestFeesCommissionsOnLoansForInvestmentPurposes>-16</paidInterestFeesCommissionsOnLoansForInvestmentPurposes>
				<dividendsPaid>-12</dividendsPaid>
			</cashFlowsFromFinancialActivity>
			<cashFlowsPeriodStart>756</cashFlowsPeriodStart>
			<cashFlowsPeriodEnd>
				<availabilityInCashAndBank>864</availabilityInCashAndBank>
			</cashFlowsPeriodEnd>
		</previous>
	</cashFlows>
	<capital>
		<capitalStock>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>-23</otherAmendments>
		</capitalStock>
		<premiumReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</premiumReserve>
		<reserveFromSubsequentValuations>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<effectOfDeferredTaxes>3</effectOfDeferredTaxes>
			<otherAmendments>-31</otherAmendments>
		</reserveFromSubsequentValuations>
		<generalTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</generalTargetReserves>
		<specializedTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</specializedTargetReserves>
		<otherTargetReserves>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<balanceAtTheBeginningOfTheReportingPeriod>1471</balanceAtTheBeginningOfTheReportingPeriod>
		</otherTargetReserves>
		<accumulatedProfit>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
			<otherAmendments>55</otherAmendments>
		</accumulatedProfit>
		<accumulatedLoss>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</accumulatedLoss>
		<transReserve>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</transReserve>
		<minorityParticipation>
			<changesInOpeningBalances/>
			<profitSharing/>
			<subsequentValuationsOfTangibleAndIntangibleFixedAssets/>
			<subsequentValuationsOfFinancialAssetsAndInstruments/>
		</minorityParticipation>
	</capital>
</ReportingInfo>