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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (read from the page image) (16 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Afric Industries

AFI · Bourse de Casablanca · Company statements

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Company details
Legal name
AFRIC INDUSTRIES S.A.
Listing
AFI on the Bourse de Casablanca, active · ISIN MA0000012114 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · audited financial statements, signed / final · source

  • Revenue

    MAD 44.0 million

    43,951,933.16 MAD units · p7

    +2.0% vs 2024

  • Operating profit / (loss)

    MAD 11.2 million

    11,150,507.17 MAD units · p7

    +16.3% vs 2024

  • Profit / (loss) for the year

    MAD 7.53 million

    7,530,115.56 MAD units · p8

    −24.1% vs 2024

  • Total assets

    MAD 57.5 million

    57,473,255.13 MAD units · p5

    +0.2% vs 2024

  • Total equity

    MAD 49.2 million

    49,153,558.8 MAD units · p6

    +2.3% vs 2024

  • Cash from operations

    Not reported in this filing

Large amounts are rounded for reading (MAD million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MAD 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

  • FY2025 — audited financial statements, signed / final; reported for the year · source
  • FY2024 — audited financial statements, signed / final; comparative in the FY2025 filing · source

Income statement

Income statement, MAD units. Columns: FY2025 — audited financial statements (signed / final), as reported for the year; FY2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
Ventes de marchandises(en l'état)1 83,413.00 Not reported in this filing2
Ventes de biens et services produits3 43,868,520.16 43,110,076.58
Chiffre d'affaires 43,951,933.16 43,110,076.58
Variation de stocks de produits (+-) (1)4 549,617.00 830,974.00
Autres produits d'exploitation 104,312.13 54,496.26
Reprise d'exploitations;transferts de charges5 310,936.34 78,792.00
PRODUITS D'EXPLOITATION TOTAL I6 44,916,798.63 44,074,338.84
Achats revendus (2) de marchandises7 180,174.00 Not reported in this filing8
Achats consommés (2) de matières et fournitures9 21,310,396.18 21,858,812.27
Autres charges externes10 2,745,321.95 3,114,903.17
Impôts et taxes11 204,927.18 214,422.57
Charges de personnel 8,511,237.47 8,469,815.19
Autres charges d'exploitation 360,000.00 330,000.00
Dotations d'exploitation12 454,234.68 499,922.01
CHARGES D'EXPLOITATION TOTAL II13 33,766,291.46 34,487,875.21
RESULTAT D'EXPLOITATION (I-II) 11,150,507.17 9,586,463.63
PRODUITS FINANCIERS TOTAL IV 38,786.76 5,219,468.97
CHARGES FINANCIERES TOTAL V (248,501.94) (167,221.39)
RESULTAT FINANCIER (IV-V)14 (209,715.18) 5,052,247.58
RESULTAT COURANT (III+VI)15 10,940,791.99 14,638,711.21
PRODUITS NON COURANTS TOTAL VIII16 1,758,983.47 209,329.81
CHARGES NON COURANTES TOTAL IX17 (2,792,064.90) (2,753,352.31)
RESULTAT NON COURANT(VIII-IX)18 (1,033,081.43) (2,544,022.50)
RESULTAT AVANT IMPOTS(VII+-X) 9,907,710.56 12,094,688.71
IMPOTS SUR LES RESULTATS (2,377,595.00) (2,177,922.00)
RESULTAT NET(XI-XII) 7,530,115.56 9,916,766.71
Notes and alternative reported figures (18)
  1. “Ventes de marchandises(en l'état)” is an issuer-specific line, not mapped to a shared definition: Sales of goods for resale.
  2. Not reported in this filing: Not printed for 2024: the line 'Ventes de marchandises(en l'état)' carries a 2025 amount (83.413,00) only; the 2024 column is left blank (p7, checked on the page image).
  3. “Ventes de biens et services produits” is an issuer-specific line, not mapped to a shared definition: Sales of goods and services produced.
  4. “Variation de stocks de produits (+-) (1)” is an issuer-specific line, not mapped to a shared definition: Change in stocks of products (increase positive).
  5. “Reprise d'exploitations;transferts de charges” is an issuer-specific line, not mapped to a shared definition: Operating reversals and charge transfers.
  6. “PRODUITS D'EXPLOITATION TOTAL I” is an issuer-specific line, not mapped to a shared definition: Printed total of operating income.
  7. “Achats revendus (2) de marchandises” is an issuer-specific line, not mapped to a shared definition: Purchases of goods resold.
  8. Not reported in this filing: Not printed for 2024: the line 'Achats revendus (2) de marchandises' carries a 2025 amount (180.174,00) only; the 2024 column is left blank (p7, checked on the page image).
  9. “Achats consommés (2) de matières et fournitures” is an issuer-specific line, not mapped to a shared definition: Raw materials and supplies consumed.
  10. “Autres charges externes” is an issuer-specific line, not mapped to a shared definition: Other external charges.
  11. “Impôts et taxes” is an issuer-specific line, not mapped to a shared definition: Taxes other than income tax.
  12. “Dotations d'exploitation” is an issuer-specific line, not mapped to a shared definition: Operating depreciation and provision charges.
  13. “CHARGES D'EXPLOITATION TOTAL II” is an issuer-specific line, not mapped to a shared definition: Printed total of operating charges (positive amounts).
  14. “RESULTAT FINANCIER (IV-V)” is an issuer-specific line, not mapped to a shared definition: Financial income less financial charges.
  15. “RESULTAT COURANT (III+VI)” is an issuer-specific line, not mapped to a shared definition: Operating result plus financial result.
  16. “PRODUITS NON COURANTS TOTAL VIII” is an issuer-specific line, not mapped to a shared definition: Printed total of non-current income.
  17. “CHARGES NON COURANTES TOTAL IX” is an issuer-specific line, not mapped to a shared definition: Printed total of non-current charges.
  18. “RESULTAT NON COURANT(VIII-IX)” is an issuer-specific line, not mapped to a shared definition: Non-current income less non-current charges.

Balance sheet

Balance sheet, MAD units. Columns: FY2025 — audited financial statements (signed / final), as reported for the year; FY2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
IMMOBILISATIONS EN NON VALEURS (A)1 180,789.47 112,175.92
IMMOBILISATIONS INCORPORELLES (B) 1,405,054.69 2,108,450.69
IMMOBILISATIONS CORPORELLES (C) 1,652,884.71 2,031,188.94
IMMOBILISATIONS FINANCIERES (D)2 21,650,936.25 21,650,936.25
TOTAL I (A+B+C+D+E) 24,889,665.12 25,902,751.80
STOCKS (F) 11,549,213.39 12,098,779.11
CREANCES DE L'ACTIF CIRCULANTS (G)3 12,825,732.49 12,829,949.44
ECARTS DE CONVERSION-ACTIF (I) (Eléménts circulants)4 33,105.85 12,816.50
TOTAL II (F+G+H+I) 24,408,051.73 24,941,545.05
TRESORERIE-ACTIF TOTAL III 8,175,538.28 6,538,432.38
TOTAL GENERAL I+II+III 57,473,255.13 57,382,729.23
Capital social ou personnel (1) 14,575,000.00 14,575,000.00
Réserve légale5 1,839,082.75 1,839,082.75
Autres réserves6 3,418,150.00 3,418,150.00
Report à nouveau (2) 21,791,210.49 18,287,443.78
Résultat net de l'exercice (2)7 7,530,115.56 9,916,766.71
Total des capitaux propres (A) 49,153,558.80 48,036,443.24
TOTAL I (A+B+C+D+E)8 49,153,558.80 48,036,443.24
DETTES DU PASSIF CIRCULANT (F)9 8,286,590.48 7,577,469.49
AUTRES PROVISIONS POUR RISQUES ET CHARGES (G)10 33,105.85 1,768,816.50
TOTAL II (F+G+H) 8,319,696.33 9,346,285.99
TOTAL GENERAL I+II+III 57,473,255.13 57,382,729.23
Notes and alternative reported figures (10)
  1. “IMMOBILISATIONS EN NON VALEURS (A)” is an issuer-specific line, not mapped to a shared definition: Deferred charges (CGNC 'immobilisations en non valeurs'), net.
  2. “IMMOBILISATIONS FINANCIERES (D)” is an issuer-specific line, not mapped to a shared definition: Financial fixed assets (mainly titres de participation), net.
  3. “CREANCES DE L'ACTIF CIRCULANTS (G)” is an issuer-specific line, not mapped to a shared definition: Current receivables (suppliers' advances, trade, staff, state, other debtors, prepayments), net.
  4. “ECARTS DE CONVERSION-ACTIF (I) (Eléménts circulants)” is an issuer-specific line, not mapped to a shared definition: Unrealised exchange losses on current items.
  5. “Réserve légale” is an issuer-specific line, not mapped to a shared definition: Legal reserve.
  6. “Autres réserves” is an issuer-specific line, not mapped to a shared definition: Other reserves.
  7. “Résultat net de l'exercice (2)” is an issuer-specific line, not mapped to a shared definition: The year's net result shown within equity.
  8. “TOTAL I (A+B+C+D+E)” is an issuer-specific line, not mapped to a shared definition: Equity, assimilated equity, financing debts, durable provisions and long-term translation differences.
  9. “DETTES DU PASSIF CIRCULANT (F)” is an issuer-specific line, not mapped to a shared definition: Trade, customer, staff, social, state and accrual payables.
  10. “AUTRES PROVISIONS POUR RISQUES ET CHARGES (G)” is an issuer-specific line, not mapped to a shared definition: Current provisions for risks and charges.

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.

  • AFRIC INDUSTRIES — Communiqué de presse (30 avril 2026); Rapport général des commissaires aux comptes, exercice du 1er janvier au 31 décembre 2025; Bilan (modèle normal); Comptes de produits et charges (hors taxes); Rapport spécial des commissaires aux comptes

    Year ended 31 December 2025 · Audited financial statements · signed / final

    Audit: BDO S.A and A&T Auditeurs Consultants (commissaires aux comptes), unmodified opinion · signed

    Auditor's sign-off: BDO S.A (Abderrahim Grine); A&T Auditeurs Consultants (Nafeh Agourram)

    Final status: Rapport général des commissaires aux comptes on the états de synthèse of the year ended 31 December 2025, dated 'Rabat et Tanger, le 24 avril 2026' and signed with stamps for BDO S.A (Abderrahim Grine, Associé) and A&T Auditeurs Consultants (Nafeh Agourram, Associé) (PDF p4, page image). The opinion names equity of 49.153.558,80 MAD and net profit of 7.530.115,56 MAD, matching the bilan and CPC (pp6, 8). Board approval ('arrêté') on 17 March 2026 is stated in the press release (p1); no board signature is printed.

    Document date
    24 Apr 2026
    Auditor's report
    24 Apr 2026
    Board approval
    17 Mar 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    company statements · MAD units (printed “MAD (dirhams; no scale printed)”)
    • The CPC prints operating, financial and non-current income and charge totals as positive amounts with printed result lines (I-II, IV-V, VIII-IX, XI-XII); the financial and non-current charge totals and income tax are recorded with sign 'negate' so that the printed sums hold; the operating charge total (II) is kept positive with its components and is not placed within the operating result.
    • The file holds the press release (p1), the auditors' general report (pp2-4), the bilan and the comptes de produits et charges (pp5-8) and the special report (pp9-12). The tableau de financement, the état des soldes de gestion and the ETIC, which the opinion covers, are not in this file; the press release points to the full annual financial report on the issuer's site.
    Technical details
    File
    12 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    755d3815f62ebdb4e53a453982bb4a6d7d90b42c4664d4592770f5dbf1c3125a
    Entity as printed
    AFRIC INDUSTRIES S.A. (RC Nº3617 Tanger; IF 04902876; ICE 000065935000093)
    Exchange copy
    retrieved 2026-10-08T18:13:29Z

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 (read from the page image) (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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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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