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AeTECH
On this page
Company details
- Legal name
- Advanced e-Technologies SA
- Listing
- AETEC on the Bourse de Tunis, active · ISIN TN0007500010 (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2024 · audited financial statements, final status not established · source
Read with these figures
- Going-concern warning. The auditor's report for the year ended 31 December 2024 states a material uncertainty about whether the company can continue as a going concern, in a separate paragraph that does not modify the opinion. The opinion is qualified on another basis (below).
- Qualified audit opinion. FY2024: Basis: Fondement de l'opinion avec réserves (PDF pp19-20). Details below.
- Audited financial statements not confirmed as final. The published copy is unsigned. The going-concern warning comes from it. The FY2024 figures come from it.
- Auditor's emphasis of matter. Observations (p21): note 26.2, the parent's equity is below half of its share capital (article 388 of the Code des sociétés commerciales); the board of 3 September 2025 had not called the required extraordinary general meeting on the continuation of the company.
- Auditor's emphasis of matter. Paragraphes d'observations (p20): note 27, a tax audit for 2020-2023 led to a reassessment notice of 907 023 DT (principal and interest), contested by the company; no provision is recorded and the auditor cannot reliably estimate the outcome.
Full wording and sources
Auditor's report, year to 2024-12-31: material uncertainty related to going concern (a separate paragraph that does not modify the opinion; the opinion is qualified on another basis, shown below)
I.3. Observations sur l'incertitude significative liée à la continuité d'exploitation: Nous attirons l'attention sur la note 26.1 qui indique que pour l'exercice clos le 31 décembre 2024, les passifs de la société Advanced e-Technologies excédent de 4 936 575 DT le total de ses actifs. La société « Advanced e-Technologies SA » a engagé un plan de restructuration financière et opérationnelle afin de remédier à cette situation. (PDF pp20-21)
Source: Avis des sociétés — Etats financiers consolidés, Advanced e-Technologies S.A « AeTECH », arrêtés au 31 décembre 2024, p19 (dated 2025-10-14)
Auditor's report, year to 2024-12-31: qualified opinion ('except for')
The auditor gives a qualified ('except for') opinion: apart from the matters it names, the statements are presented fairly. Figures are shown as printed; those affected by the named matters may be misstated. Fondement de l'opinion avec réserves (PDF p19-p20): (1) the company did not provide proof that third-party confirmation letters were sent and the auditor received no replies from the company's banks and lawyers, limiting the scope of the audit; (2) at 31 December 2024 tax liabilities of 712 758 DT already registered with the tax collector at the end of 2023 are under-recorded, before further 2024 interest; (3) an unrecorded risk of late-payment penalties of 480 000 DT on amounts owed to the national social security fund (CNSS); (4) no physical count of fixed assets was made at the year end, so their existence could not be verified.
Source: Avis des sociétés — Etats financiers consolidés, Advanced e-Technologies S.A « AeTECH », arrêtés au 31 décembre 2024, p19 (dated 2025-10-14)
Audited financial statements for 2024: final status not established
The exchange notice (Avis des sociétés, p1) reproduces the commissaire aux comptes' report on the consolidated statements (pp19-24), dated 'Tunis, le 14 octobre 2025' and closed with the typed names 'Horwath ACF' and 'Noureddine BEN ARBIA' and no visible signature or stamp (p24, page image). The statements were 'arrêtés et autorisés pour publication par le Conseil d'Administration du 03 septembre 2025' (note 26, p18) and were to be submitted to the AGM of 11 November 2025 (p1). A signed copy would settle the final status.
Source: Avis des sociétés — Etats financiers consolidés, Advanced e-Technologies S.A « AeTECH », arrêtés au 31 décembre 2024 (dated 2025-10-14)
Auditor's emphasis of matter
Observations (p21): note 26.2, the parent's equity is below half of its share capital (article 388 of the Code des sociétés commerciales); the board of 3 September 2025 had not called the required extraordinary general meeting on the continuation of the company.
Source: Avis des sociétés — Etats financiers consolidés, Advanced e-Technologies S.A « AeTECH », arrêtés au 31 décembre 2024 (dated 2025-10-14)
Auditor's emphasis of matter
Paragraphes d'observations (p20): note 27, a tax audit for 2020-2023 led to a reassessment notice of 907 023 DT (principal and interest), contested by the company; no provision is recorded and the auditor cannot reliably estimate the outcome.
Source: Avis des sociétés — Etats financiers consolidés, Advanced e-Technologies S.A « AeTECH », arrêtés au 31 décembre 2024 (dated 2025-10-14)
-
Revenue
TND 4.59 million
4,588,790 TND units · p4
−26.4% vs 2023
-
Operating profit / (loss)
−TND 313,485
(313,485) TND units · p4
Change not shown.
-
Profit / (loss) for the year
−TND 714,137
(714,137) TND units · p4
Change not shown.
-
Total assets
TND 4.48 million
4,483,653 TND units · p2
−10.0% vs 2023
-
Total equity
−TND 8.16 million
(8,160,236) TND units · p3
Change not shown.
-
Cash from operations
−TND 1.04 million
(1,044,834) TND units · p5
−173.0% vs 2023
Large amounts are rounded for reading (TND million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Not shown: the prior-year figure is zero or negative.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in TND units unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2024 — audited financial statements, final status not established; reported for the year · source
- FY2023 — audited financial statements, final status not established; comparative in the FY2024 filing · source
Income statement
| Line (as printed) | FY2024Audited financial statementsreported for the year | FY2023Audited financial statementscomparative in FY2024 filing |
|---|---|---|
| Produits d'exploitation | 4,588,790 | 6,233,598 |
| Autres produits d'exploitation | 0 | 38,181 |
| Total des produits d'exploitation1 | 4,588,790 | 6,271,779 |
| Achats consommés2 | 2,880,734 | 4,720,861 |
| Charges de personnel | 985,366 | 1,204,654 |
| Dotations aux amortissements et aux provisions3 | 115,906 | 200,635 |
| Autres charges d'exploitation | 920,269 | 872,257 |
| Total des charges d'exploitation4 | 4,902,275 | 6,998,407 |
| Résultat d'exploitation | (313,485) | (726,628) |
| Charges financières nettes5 | (358,282) | (484,458) |
| Produits des placements6 | 0 | 0 |
| Autres gains ordinaires7 | 1,490 | 2,149 |
| Autres pertes ordinaires8 | (7,152) | (108,795) |
| Résultat des activités ordinaires avant impôt | (677,429) | (1,317,732) |
| Impôt sur les sociétés | (36,708) | (96,068) |
| Résultat des activités ordinaires après impôt9 | (714,137) | (1,413,801) |
| Eléments extraordinaires10 | 0 | 0 |
| Résultat net de l'exercice | (714,137) | (1,413,801) |
| Effets des modifications comptables (Net d'impôt)11 | 0 | 0 |
| Résultat net de l'exercice après modifications12 | (714,137) | (1,413,801) |
Notes and alternative reported figures (12)
- “Total des produits d'exploitation” is an issuer-specific line, not mapped to a shared definition: Revenue plus other operating income.
- “Achats consommés” is an issuer-specific line, not mapped to a shared definition: Note 15.
- “Dotations aux amortissements et aux provisions” is an issuer-specific line, not mapped to a shared definition: Note 17.
- “Total des charges d'exploitation” is an issuer-specific line, not mapped to a shared definition: Operating charges, printed as positive amounts.
- “Charges financières nettes” is an issuer-specific line, not mapped to a shared definition: Note 19: net financial charges (printed negative).
- “Produits des placements” is an issuer-specific line, not mapped to a shared definition: Printed without a note (nil both years).
- “Autres gains ordinaires” is an issuer-specific line, not mapped to a shared definition: Note 20.
- “Autres pertes ordinaires” is an issuer-specific line, not mapped to a shared definition: Note 21 (printed negative).
- “Résultat des activités ordinaires après impôt” is an issuer-specific line, not mapped to a shared definition: Result of ordinary activities after tax.
- “Eléments extraordinaires” is an issuer-specific line, not mapped to a shared definition: Extraordinary items (nil both years).
- “Effets des modifications comptables (Net d'impôt)” is an issuer-specific line, not mapped to a shared definition: Effect of accounting changes, net of tax (nil both years).
- “Résultat net de l'exercice après modifications” is an issuer-specific line, not mapped to a shared definition: Net result after the effect of accounting changes.
Balance sheet
| Line (as printed) | FY2024Audited financial statementsreported for the year | FY2023Audited financial statementscomparative in FY2024 filing |
|---|---|---|
| Immobilisations incorporelles (net) | 4,497 | 7,337 |
| Immobilisations corporelles (net) | 224,654 | 244,613 |
| Immobilisations financières (net)1 | 16,428 | 14,528 |
| Total des actifs immobilisés2 | 245,579 | 266,477 |
| Total des actifs non courants | 245,579 | 266,477 |
| Stocks (net) | 469,388 | 494,733 |
| Clients et comptes rattachés (net) | 2,917,967 | 3,124,907 |
| Autres actifs courants (net)3 | 832,992 | 898,714 |
| Liquidités et équivalents de liquidités | 17,727 | 195,408 |
| Total des actifs courants | 4,238,074 | 4,713,762 |
| Total des actifs | 4,483,653 | 4,980,239 |
| Capital social | 2,223,334 | 2,223,334 |
| Réserves consolidés4 | (9,669,433) | (8,188,846) |
| Total des capitaux propres avant résultat de5 | (7,446,099) | (5,965,512) |
| Résultat consolidé6 | (714,137) | (1,413,801) |
| Total des capitaux propres | (8,160,236) | (7,379,313) |
| Provisions pour risques et charges | 51,821 | 51,821 |
| Emprunts et dettes assimilées | 103,937 | 151,831 |
| Autres passifs non courants7 | 50,425 | 102,001 |
| Total des passifs non courants | 206,182 | 305,653 |
| Fournisseurs et comptes rattachés | 2,685,893 | 3,704,371 |
| Autres passifs courants8 | 5,211,362 | 4,839,884 |
| Concours bancaires et autres passifs financiers9 | 4,540,452 | 3,509,644 |
| Total des passifs courants | 12,437,707 | 12,053,899 |
| Total des passifs | 12,643,889 | 12,359,552 |
| Total des capitaux propres et des passifs | 4,483,653 | 4,980,239 |
Notes and alternative reported figures (9)
- “Immobilisations financières (net)” is an issuer-specific line, not mapped to a shared definition: Note 2: equity investment and deposits less provisions (unlabelled net row).
- “Total des actifs immobilisés” is an issuer-specific line, not mapped to a shared definition: Subtotal of intangible, tangible and financial fixed assets.
- “Autres actifs courants (net)” is an issuer-specific line, not mapped to a shared definition: Note 5: other current assets less provisions (unlabelled net row).
- “Réserves consolidés” is an issuer-specific line, not mapped to a shared definition: Consolidated reserves (negative).
- “Total des capitaux propres avant résultat de” is an issuer-specific line, not mapped to a shared definition: Equity before the year's result.
- “Résultat consolidé” is an issuer-specific line, not mapped to a shared definition: The year's consolidated result shown within equity.
- “Autres passifs non courants” is an issuer-specific line, not mapped to a shared definition: Printed without a note.
- “Autres passifs courants” is an issuer-specific line, not mapped to a shared definition: Note 11.
- “Concours bancaires et autres passifs financiers”: mapping to a shared definition is uncertain. One printed line for bank overdrafts and other current financial liabilities (note 12).
Cash flow
| Line (as printed) | FY2024Audited financial statementsreported for the year | FY2023Audited financial statementscomparative in FY2024 filing |
|---|---|---|
| Résultat net après modifications comptables1 | (714,137) | (1,413,801) |
| Dotations aux Amortissements et provisions2 | 124,135 | 200,635 |
| Reprises sur Amortissements et provisions3 | (8,229) | (38,181) |
| * Stocks4 | 25,344 | (13,181) |
| * Créances5 | 173,112 | 962,882 |
| * Autres actifs6 | 53,515 | 814,701 |
| * Autres passifs non courants7 | (51,576) | (660,308) |
| * Fournisseurs et comptes rattachés8 | (1,018,478) | 825,667 |
| * Autres passifs courants9 | 371,478 | 752,155 |
| * Plus ou moins-value de cession10 | 0 | 0 |
| Flux de trésorerie provenant de l'exploitation | (1,044,834) | 1,430,569 |
| Déc. affectés à l'acquisition d'immo. Corp. & incorp.11 | (47,073) | (139,263) |
| Enc. Affectés à la cession d'immo. Corp. & incorp.12 | 0 | 0 |
| Déc. affectés à l'acquisition d'immobilisations financières13 | (1,900) | 0 |
| Enc. Provenant de la cession d'immobilisations financières14 | 0 | 0 |
| Flux de trésorerie liés aux activités d'investissement | (48,973) | (139,263) |
| Décaissements provenant des emprunts | (47,390) | (1,597,003) |
| Modifications comptables15 | (66,786) | (53,979) |
| Flux de trésorerie liés aux activités de financement | (114,176) | (508,054) |
| Variation de trésorerie | (1,207,984) | 783,252 |
| Trésorerie au début de l'exercice | (533,016) | (1,316,268) |
| Trésorerie à la clôture de l'exercice | (1,740,999) | (533,016) |
| Encaissements provenants des des emprunts | Not reported in this filing16 | 1,142,927 |
Notes and alternative reported figures (16)
- “Résultat net après modifications comptables” is an issuer-specific line, not mapped to a shared definition: Starting point of the indirect method.
- “Dotations aux Amortissements et provisions” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “Reprises sur Amortissements et provisions” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “* Stocks” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “* Créances” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “* Autres actifs” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “* Autres passifs non courants” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “* Fournisseurs et comptes rattachés” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “* Autres passifs courants” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “* Plus ou moins-value de cession” is an issuer-specific line, not mapped to a shared definition: Operating activities (indirect method).
- “Déc. affectés à l'acquisition d'immo. Corp. & incorp.”: mapping to a shared definition is uncertain. One printed line for tangible and intangible fixed assets together.
- “Enc. Affectés à la cession d'immo. Corp. & incorp.”: mapping to a shared definition is uncertain. One printed line for disposals of tangible and intangible fixed assets together.
- “Déc. affectés à l'acquisition d'immobilisations financières” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- “Enc. Provenant de la cession d'immobilisations financières” is an issuer-specific line, not mapped to a shared definition: Investing activities.
- “Modifications comptables” is an issuer-specific line, not mapped to a shared definition: Financing activities, as printed.
- Not reported in this filing: Not printed for 2024: the line 'Encaissements provenants des des emprunts' carries a 2023 amount (1 142 927) only; the 2024 column is left blank (p5, checked on the page image).
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
No dividend statement or amount collected.
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
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Avis des sociétés — Etats financiers consolidés, Advanced e-Technologies S.A « AeTECH », arrêtés au 31 décembre 2024
Year ended 31 December 2024 · Audited financial statements · final status not established
Audit: Horwath ACF (Noureddine Ben Arbia), commissaire aux comptes, qualified opinion · includes a material-uncertainty paragraph
Auditor's sign-off: Horwath ACF, Noureddine BEN ARBIA
Final status: The exchange notice (Avis des sociétés, p1) reproduces the commissaire aux comptes' report on the consolidated statements (pp19-24), dated 'Tunis, le 14 octobre 2025' and closed with the typed names 'Horwath ACF' and 'Noureddine BEN ARBIA' and no visible signature or stamp (p24, page image). The statements were 'arrêtés et autorisés pour publication par le Conseil d'Administration du 03 septembre 2025' (note 26, p18) and were to be submitted to the AGM of 11 November 2025 (p1). A signed copy would settle the final status.
- Document date
- 14 Oct 2025
- Auditor's report
- 14 Oct 2025
- Board approval
- 3 Sep 2025
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2024, FY2023
- Basis
- consolidated statements · TND units (printed “Exprimé en Dinars Tunisien”)
- Fondement de l'opinion avec réserves (PDF p19-p20): (1) the company did not provide proof that third-party confirmation letters were sent and the auditor received no replies from the company's banks and lawyers, limiting the scope of the audit; (2) at 31 December 2024 tax liabilities of 712 758 DT already registered with the tax collector at the end of 2023 are under-recorded, before further 2024 interest; (3) an unrecorded risk of late-payment penalties of 480 000 DT on amounts owed to the national social security fund (CNSS); (4) no physical count of fixed assets was made at the year end, so their existence could not be verified.
- Basis: Fondement de l'opinion avec réserves (PDF pp19-20).
- Printed cash-flow subtotals differ from the sum of their printed lines by a few dinars (rounding in the publication): operating flows 2024 (1 044 834) against lines summing to (1 044 836); financing 2023 (508 054) against (508 055); change in cash 2024 (1 207 984) against flows summing to (1 207 983). Figures are kept as printed (p5).
- Consolidated equity is negative: (8 160 236) at 31 December 2024 (2023: (7 379 313)) (p3).
- The cash-flow depreciation add-back (124 135) differs from the income-statement 'Dotations aux amortissements et aux provisions' (115 906) for 2024 (pp4-5); both are kept as printed.
Technical details
- File
- 24 pages, with a text layer
- SHA-256
b16212323e8c69004510b6ee5ff4f31ba9d830cb300fbd64515c1291257895d8- Entity as printed
- Advanced e-Technologies S.A « AeTECH »; Groupe AeTECH; Groupe Société « Advanced e-Technologies »
- Exchange copy
- retrieved 2026-10-08T18:09:03Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (16 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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