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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 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

Ciments de Bizerte

SCB · Bourse de Tunis · Company statements

On this page
Company details
Legal name
Les Ciments de Bizerte
Listing
SCB on the Bourse de Tunis, active · ISIN TN0007350010 (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

Read with these figures

  • Going-concern warning. The auditor's report for the year ended 31 December 2025 states a material uncertainty about whether the company can continue as a going concern.
  • Auditor's emphasis of matter. Key audit matters (PDF p58): apart from the going-concern material uncertainty, the auditors report no other key audit matter.
  • Auditor's emphasis of matter. Observations (PDF p58): (1) Effet de l'amnistie fiscale: joining the tax amnesty of the 2026 finance law let the company avoid late-payment and collection penalties on tax debts of 6 087 016 dinars and release tax-risk provisions of 757 522 dinars; (2) Inventaire physique des immobilisations: a physical count covered 97.13% of fixed assets (gross 609 660 800,701 dinars, net 318 052 549,277 dinars); (3) Faiblesse de l'activité: production below normal cement capacity and a deteriorating gross margin, mainly from the stoppage of clinker production in 2025.
Full wording and sources

  • Auditor's report, year to 2024-12-31: material uncertainty related to going concern

    Incertitude significative liée à la continuité de l'exploitation : Nous attirons l'attention sur la note III du titre « la présentation des états financiers » qui indique l'existence d'incertitudes significatives susceptibles de jeter un doute important sur la capacité de la société à poursuivre son exploitation. Notre opinion n'est pas modifiée à l'égard de cette question.

    Source: Avis de sociétés — Etats financiers, Les Ciments de Bizerte, arrêtés au 31 décembre 2024, p56 (dated 2025-05-08)

  • Auditor's report, year to 2025-12-31: material uncertainty related to going concern

    Incertitude significative liée à la continuité d'exploitation — Nous attirons l'attention sur la note II intitulée « Présentation des états financiers », qui indique l'existence d'incertitudes significatives susceptibles de jeter un doute important sur la capacité de la société à poursuivre son exploitation. Notre opinion n'est pas modifiée à l'égard de cette question.

    Source: Avis de sociétés — Etats financiers, Les Ciments de Bizerte, arrêtés au 31 décembre 2025, p57 (dated 2026-05-12)

  • Auditor's emphasis of matter

    Key audit matters (PDF p58): apart from the going-concern material uncertainty, the auditors report no other key audit matter.

    Source: Avis de sociétés — Etats financiers, Les Ciments de Bizerte, arrêtés au 31 décembre 2025 (dated 2026-05-12)

  • Auditor's emphasis of matter

    Observations (PDF p58): (1) Effet de l'amnistie fiscale: joining the tax amnesty of the 2026 finance law let the company avoid late-payment and collection penalties on tax debts of 6 087 016 dinars and release tax-risk provisions of 757 522 dinars; (2) Inventaire physique des immobilisations: a physical count covered 97.13% of fixed assets (gross 609 660 800,701 dinars, net 318 052 549,277 dinars); (3) Faiblesse de l'activité: production below normal cement capacity and a deteriorating gross margin, mainly from the stoppage of clinker production in 2025.

    Source: Avis de sociétés — Etats financiers, Les Ciments de Bizerte, arrêtés au 31 décembre 2025 (dated 2026-05-12)

  • Auditor's emphasis of matter

    Key audit matters (PDF p57): apart from the going-concern material uncertainty, the auditors report no other key audit matter.

    Source: Avis de sociétés — Etats financiers, Les Ciments de Bizerte, arrêtés au 31 décembre 2024 (dated 2025-05-08)

  • Auditor's emphasis of matter

    Observations (PDF p57): (1) Effet de l'amnistie fiscale: joining the tax amnesty of the 2023/2024 finance law let the company avoid late-payment and collection penalties on tax debts of 4 897 871 DT and record a release of tax-risk provisions of 3 776 820 DT; (2) Réévaluation des immeubles bâtis et non bâtis: the revaluation under article 20 of the 2022 finance law, as in the 31/12/2023 balance sheet, created a special revaluation reserve of 166 543 764 DT within autres capitaux propres; (3) Sous activité: production below normal cement capacity and a deteriorating gross margin, mainly from the stoppage of clinker production during the year.

    Source: Avis de sociétés — Etats financiers, Les Ciments de Bizerte, arrêtés au 31 décembre 2024 (dated 2025-05-08)

  • Revenue

    TND 36.0 million

    35,986,725 TND units · p4

    +29.3% vs 2024

  • Operating profit / (loss)

    −TND 35.4 million

    (35,420,508) TND units · p4

    Change not shown.

  • Profit / (loss) for the year

    −TND 44.4 million

    (44,405,711) TND units · p4

    Change not shown.

  • Total assets

    TND 367 million

    366,744,062 TND units · p2

    −5.6% vs 2024

  • Total equity

    TND 98.7 million

    98,673,700 TND units · p3

    −31.1% vs 2024

  • Cash from operations

    TND 3.41 million

    3,408,697 TND units · p5

    +277.9% vs 2024

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

  • FY2025 — audited financial statements, signed / final; reported for the year · source
  • FY2024 — audited financial statements, signed / final; comparative in the FY2025 filing · source
    • Auditor's report, year to 2024-12-31: material uncertainty related to going concern. Incertitude significative liée à la continuité de l'exploitation : Nous attirons l'attention sur la note III du titre « la présentation des états financiers » qui indique l'existence d'incertitudes significatives susceptibles de jeter un doute important sur la capacité de la société à poursuivre son exploitation. Notre opinion n'est pas modifiée à l'égard de cette question.
  • FY2023 — audited financial statements, signed / final; comparative in the FY2024 filing · source
    • Auditor's emphasis of matter. Key audit matters (PDF p57): apart from the going-concern material uncertainty, the auditors report no other key audit matter.
    • Auditor's emphasis of matter. Observations (PDF p57): (1) Effet de l'amnistie fiscale: joining the tax amnesty of the 2023/2024 finance law let the company avoid late-payment and collection penalties on tax debts of 4 897 871 DT and record a release of tax-risk provisions of 3 776 820 DT; (2) Réévaluation des immeubles bâtis et non bâtis: the revaluation under article 20 of the 2022 finance law, as in the 31/12/2023 balance sheet, created a special revaluation reserve of 166 543 764 DT within autres capitaux propres; (3) Sous activité: production below normal cement capacity and a deteriorating gross margin, mainly from the stoppage of clinker production during the year.

Income statement

Income statement, TND 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; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filingsource limitationsFY2023Audited financial statementscomparative in FY2024 filingsource limitations
Revenus 35,986,725 27,838,606 91,323,675
Coût des ventes (42,348,946) (32,446,047) (93,991,071)
Marge Brute (6,362,222) (4,607,440) (2,667,396)
Autres produits d'exploitation 5,288,212 7,463,409 5,880,537
Frais de distribution (1,077,536) (980,818) (1,087,100)
Frais d'administration (8,237,578) (8,288,940) (9,343,397)
Autres charges d'exploitation (25,031,384) (27,358,637) (22,295,045)
Résultat d'exploitation (35,420,508) (33,772,427) (29,512,402)
Charges financières (9,924,305) (11,235,955) (14,169,607)
Produits financiers 637,748 141,193 291,004
Autres gains ordinaires1 398,786 151,809 9,260,053
Résultats des activités ordinaires avant impôts (44,308,279) (44,715,380) (34,130,952)
Impôt sur les bénéfices (96,432) (73,576) (224,673)
Résultat des activités ordinaires après impôts2 (44,404,711) (44,788,955) (34,355,624)
Pertes3 (1,000) (1,400) (320)
Résultat net de l'exercice (44,405,711) (44,790,355) (34,355,944)
Notes and alternative reported figures (3)
  1. “Autres gains ordinaires” is an issuer-specific line, not mapped to a shared definition: Note 23.
  2. “Résultat des activités ordinaires après impôts” is an issuer-specific line, not mapped to a shared definition: Result of ordinary activities after tax.
  3. “Pertes” is an issuer-specific line, not mapped to a shared definition: Losses printed between the result of ordinary activities after tax and the net result (éléments extraordinaires).

Balance sheet

Balance sheet, TND 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; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filingsource limitationsFY2023Audited financial statementscomparative in FY2024 filingsource limitations
Immobilisations incorporelles (net) 0 11,267 65,418
Immobilisations corporelles (net) 317,764,821 339,442,620 195,981,760
Immobilisations financières (net)1 3,233,508 3,199,310 3,285,431
Total des Actifs Immobilisés2 320,998,329 342,653,197 199,332,610
Autres Actifs non courants3 2,077,861 2,094,136 2,751,294
Total des Actifs non courants 323,076,191 344,747,334 202,083,904
Stocks (net) 27,618,943 31,580,874 29,143,579
Clients et comptes rattachés (net) 8,117,763 5,073,073 2,989,532
Autres actifs courants (net)4 6,020,313 5,682,738 5,321,592
Placements et autres actifs financiers5 111,024 144,732 194,410
Liquidités et équivalents de liquidités 1,799,828 1,439,686 1,931,526
Total des Actifs courants 43,667,872 43,921,102 39,580,639
Total des Actifs 366,744,062 388,668,436 241,664,543
Capital social 44,047,290 44,047,290 44,047,290
Réserves et primes liées au capital6 100,692,945 100,809,614 100,894,684
Autres capitaux propres 228,524,032 228,630,237 62,223,325
Résultats reportés (230,184,855) (185,394,500) (151,067,160)
Total des capitaux propres avant Résultat de l'exercice7 143,079,412 188,092,642 56,098,138
Résultat de l'exercice8 (44,405,711) (44,790,355) (34,355,944)
Total des capitaux propres avant affectation 98,673,700 143,302,286 21,742,193
Provisions9 5,425,251 5,730,002 8,907,930
Emprunts bancaires 52,772,995 62,229,715 72,158,469
Total des passifs non courants 58,198,246 67,959,717 81,066,398
Fournisseurs et comptes rattachés 80,983,312 65,522,578 49,022,553
Autres passifs courants10 37,416,023 35,527,569 31,641,623
Concours bancaires et autres passifs financiers11 91,472,781 76,356,286 58,191,775
Total des passifs courants 209,872,116 177,406,433 138,855,952
Total des passifs 268,070,362 245,366,150 219,922,350
Total des capitaux propres et des passifs 366,744,062 388,668,436 241,664,543
Notes and alternative reported figures (11)
  1. “Immobilisations financières (net)” is an issuer-specific line, not mapped to a shared definition: Note 2: financial fixed assets less provisions.
  2. “Total des Actifs Immobilisés” is an issuer-specific line, not mapped to a shared definition: Subtotal of intangible, tangible and financial fixed assets.
  3. “Autres Actifs non courants” is an issuer-specific line, not mapped to a shared definition: Note 3 (deferred charges).
  4. “Autres actifs courants (net)” is an issuer-specific line, not mapped to a shared definition: Note 6, net of provisions.
  5. “Placements et autres actifs financiers” is an issuer-specific line, not mapped to a shared definition: Note 7: staff loans due within one year (fonds social).
  6. “Réserves et primes liées au capital” is an issuer-specific line, not mapped to a shared definition: Note 9: legal and other reserves and share premium.
  7. “Total des capitaux propres avant Résultat de l'exercice” is an issuer-specific line, not mapped to a shared definition: Equity before the year's result.
  8. “Résultat de l'exercice” is an issuer-specific line, not mapped to a shared definition: The year's net result shown within equity.
  9. “Provisions” is an issuer-specific line, not mapped to a shared definition: Note 10: provisions for risks and charges (non-current).
  10. “Autres passifs courants” is an issuer-specific line, not mapped to a shared definition: Note 13.
  11. “Concours bancaires et autres passifs financiers”: mapping to a shared definition is uncertain. Bank overdrafts, current portion of loans and other financial liabilities in one line (note 14).

Cash flow

Cash flow, TND 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; FY2023 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2024.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filingsource limitationsFY2023Audited financial statementscomparative in FY2024 filingsource limitations
Encaissements reçus des clients1 44,901,787 34,673,115 112,494,783
Sommes perçus des produits ordinaires2 231,224 13,113 241,411
Sommes versées aux fournisseurs3 (27,234,093) (21,726,007) (65,006,858)
Sommes versées aux personnel et organismes sociaux4 (12,249,862) (10,117,186) (13,765,188)
Intérêts payés5 (951,915) (1,077,627) (950,909)
Sommes versées à l'Etat6 (1,113,572) (662,457) (666,609)
Redevances7 (96,750) (149,725) (1,137,441)
Produits financiers des placements8 18,311 22,355 104,818
Impôt sur les sociétés (96,432) (73,576) (224,673)
Flux de trésorerie affectés à l'exploitation 3,408,697 902,006 31,089,335
Décaissements affectés à l'acquisition d'immobilisations corporelles (445,039) (186,153) (1,850,097)
Décaissements affectés à l'octroi des prêts au personnel9 (172,858) (117,042) (116,285)
Encaissements provenant des remboursements des prêts10 460,592 561,309 667,822
Flux liés aux réserves du fonds social11 (114,976) (81,144) (143,860)
Flux de trésorerie affectés aux activités d'investissements (272,282) (361,255) (3,382,962)
Encaissements des crédits à court terme12 4,115,429 16,967,582 96,305,680
Remboursements des crédits à court terme13 (8,010,124) (15,034,560) (121,033,414)
Encaissements des crédits à moyen terme 5,883,000 9,148,000 35,872,741
Remboursements des crédits à moyen terme (4,604,786) (10,088,551) (28,311,453)
Intérêts sur emprunts14 (3,409,987) (4,394,454) (11,195,515)
Dividendes et autres distributions reçues15 127,750 59,512 77,612
Flux de trésorerie provenant des activités de financement (5,898,719) (3,342,470) (28,284,349)
Incidence variation taux de change 467,028 21,363 (258,018)
Variation de la trésorerie (2,295,276) (2,780,356) (835,994)
Trésorerie du début d'exercice (5,374,722) (2,594,366) (1,758,372)
Trésorerie à la clôture de l'exercice (7,669,998) (5,374,722) (2,594,366)
Décaissements affectés aux investissements gros entretiens16 Not reported in this filing17 (538,224) (1,940,543)
Notes and alternative reported figures (17)
  1. “Encaissements reçus des clients” is an issuer-specific line, not mapped to a shared definition: Direct method.
  2. “Sommes perçus des produits ordinaires” is an issuer-specific line, not mapped to a shared definition: Direct method.
  3. “Sommes versées aux fournisseurs” is an issuer-specific line, not mapped to a shared definition: Direct method.
  4. “Sommes versées aux personnel et organismes sociaux” is an issuer-specific line, not mapped to a shared definition: Direct method.
  5. “Intérêts payés”: mapping to a shared definition is uncertain. Interest paid in operating activities; interest on borrowings is also printed in financing activities (native).
  6. “Sommes versées à l'Etat” is an issuer-specific line, not mapped to a shared definition: Direct method: taxes and duties other than income tax.
  7. “Redevances” is an issuer-specific line, not mapped to a shared definition: Direct method.
  8. “Produits financiers des placements” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  9. “Décaissements affectés à l'octroi des prêts au personnel” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  10. “Encaissements provenant des remboursements des prêts” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  11. “Flux liés aux réserves du fonds social” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  12. “Encaissements des crédits à court terme” is an issuer-specific line, not mapped to a shared definition: Note 25; financing activities.
  13. “Remboursements des crédits à court terme” is an issuer-specific line, not mapped to a shared definition: Note 25; financing activities.
  14. “Intérêts sur emprunts” is an issuer-specific line, not mapped to a shared definition: Interest on borrowings, presented in financing activities.
  15. “Dividendes et autres distributions reçues” is an issuer-specific line, not mapped to a shared definition: Printed in financing activities.
  16. “Décaissements affectés aux investissements gros entretiens” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  17. Not reported in this filing: The line 'Décaissements affectés aux investissements gros entretiens' carries a 2024 amount only (-538 224); the 31/12/2025 column is blank (p5, état de flux de trésorerie). Checked on the page image; blank recorded as not reported, not as nil.

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.

  • Avis de sociétés — Etats financiers, Les Ciments de Bizerte, arrêtés au 31 décembre 2025

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

    Audit: Co-commissaires aux comptes: Groupement Cabinet Houcine Gamra & Cabinet Arbia Riahi, and RAM Auditors (Sataa Bedoui), unmodified opinion · signed · includes a material-uncertainty paragraph

    Auditor's sign-off: Houcine Gamra (P/ Groupement Cabinet Houcine Gamra & Cabinet Arbia Riahi); Sataa Bedoui (P/ RAM Auditors)

    Final status: Rapport général des commissaires aux comptes dated 'Tunis, le 12 Mai 2026' and signed with handwritten signatures and firm stamps by Houcine Gamra (P/ Groupement Cabinet Houcine Gamra & Cabinet Arbia Riahi) and Sataa Bedoui (P/ RAM Auditors) (PDF p60, page image; opinion on PDF p57). No board approval date is printed in this publication; the cover states the statements are published as they will be submitted to the ordinary general meeting (PDF p1).

    Document date
    12 May 2026
    Auditor's report
    12 May 2026
    Board approval
    date not found in this document
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    company statements · TND units (printed “Exprimés en dinars”)
    • 'Variation de la trésorerie' (-2 295 276; 2024: -2 780 356) already includes the line 'Incidence variation taux de change' printed above it (467 028; 2024: 21 363): opening trésorerie plus the variation equals closing trésorerie as printed. The two closing-cash checks that add the exchange effect a second time therefore fail by exactly that effect (p5); figures kept as printed.
    • The publication's cover (PDF p1) states that the statements are published 'tels qu'ils seront approuvés par l'assemblée générale ordinaire' and are accompanied by the commissaires aux comptes' general and special reports.
    • The statement of cash flows defines cash (trésorerie) net of bank overdrafts: closing -7 669 998 (2024: -5 374 722) against liquidités et équivalents de liquidités of 1 799 828 (2024: 1 439 686) in the bilan; the reconciliation is not printed on the statements. 'Encaissements provenant de la restitution de T. V. A.' and 'Effets des modifications comptables (net d'impôt)' are printed without amounts.
    • Rapport sur les autres obligations légales (PDF p60): owners of 25 690 shares are not identified and securities accounts for 47 940 shares lack mandatory particulars (décret n°2782 de 2001).
    Technical details
    File
    65 pages, with a text layer
    SHA-256
    12b9006b8698ba7710a64d79c07add0a7ff54a602127e3c3301a39b3967415d2
    Entity as printed
    LES CIMENTS DE BIZERTE (« SCB »), société anonyme de droit tunisien
    Exchange copy
    retrieved 2026-10-08T18:05:53Z

  • Avis de sociétés — Etats financiers, Les Ciments de Bizerte, arrêtés au 31 décembre 2024

    Year ended 31 December 2024 · Audited financial statements · signed / final

    Audit: Co-commissaires aux comptes: Groupement cabinets Progress Consulting & Expra Consulting (Karim BEN ISMAIL), and Groupement Cabinet Houcine Gamra & Cabinet Arbia Riahi (Houcine GAMRA), unmodified opinion · signed · includes a material-uncertainty paragraph

    Auditor's sign-off: Karim BEN ISMAIL (P/ Groupement cabinets Progress Consulting & Expra Consulting); Houcine GAMRA (P/ Groupement Cabinet Houcine Gamra & Cabinet Arbia Riahi)

    Final status: Rapport général des commissaires aux comptes dated 'Tunis, le 08 mai 2025' and signed with handwritten signatures and firm stamps by Karim BEN ISMAIL (P/ Groupement cabinets Progress Consulting & Expra Consulting) and Houcine GAMRA (P/ Groupement Cabinet Houcine Gamra & Cabinet Arbia Riahi) (PDF p59, render checked; opinion on PDF p56). No board approval date is printed in this publication; the cover states the statements are published as they will be approved by the ordinary general meeting (PDF p1).

    Document date
    8 May 2025
    Auditor's report
    8 May 2025
    Board approval
    date not found in this document
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2023
    Basis
    company statements · TND units (printed “Exprimés en dinars”)
    • 'Variation de la trésorerie' (-2 780 356; 2023: -835 994) already includes the line 'Incidence variation taux de change' printed above it (21 363; 2023: -258 018): opening trésorerie plus the variation equals closing trésorerie as printed. Closing-cash checks that add the exchange effect a second time fail by exactly that effect (p5); figures kept as printed.
    • Extraordinary items: 'Pertes' -1 400 (2023: -320) printed under 'Eléments extraordinaires'; 'Gains' printed without amounts (p4, render checked).
    • The statement of cash flows defines cash (trésorerie) net of bank overdrafts: closing -5 374 722 (2023: -2 594 366) against liquidités et équivalents de liquidités of 1 439 686 (2023: 1 931 526) in the bilan; the reconciliation is not printed on the statements. 'Encaissements provenant de la restitution de T. V. A.' and 'Effets des modifications comptables (net d'impôt)' are printed without amounts.
    • Rapport sur les obligations légales (PDF p59): owners of 25 690 shares are not identified and securities accounts for 47 940 shares lack mandatory particulars (décret n° 2001-2728).
    Technical details
    File
    65 pages, with a text layer
    SHA-256
    66d4c3639c3b68bdb38f9c17ef71a2ade608c9451808748774b3a2ab37bdb000
    Entity as printed
    LES CIMENTS DE BIZERTE; Société les Ciments de Bizerte
    Exchange copy
    retrieved 2026-10-08T19:40:40Z

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) (17 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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