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Risma

RIS · Bourse de Casablanca · Consolidated statements

On this page
Company details
Legal name
RISMA S.A.
Listing
RIS on the Bourse de Casablanca, active · ISIN MA0000011462 (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 · published summary of audited statements, final status not established · source

Read with these figures

  • Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY2025 figures come from it.
Full wording and sources
  • Published summary of audited statements for 2025: final status not established

    Annual results communication published by RISMA (Bourse de Casablanca). No auditor's report on the summary is printed. The publication reproduces the joint auditors' report on the full consolidated financial statements (unmodified; Fidaroc Grant Thornton, Faïçal Mekouar; Forvis Mazars, Abdou Souleye Diop; 'Casablanca, le 24 avril 2026'; handwritten signatures and firm stamps, PDF p3, page image). No board approval date is printed; the Directoire proposes a dividend (p2).

    Source: RISMA — Résultats annuels au 31 décembre 2025 (Communication financière 2025) (dated 2026-04-24)

  • 2025, 2024: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. 'Tous les chiffres sont issus des comptes consolidés aux normes IFRS' and 'Le Rapport Financier Annuel comprenant le jeu complet des états financiers consolidés de Risma au 31 décembre 2025, établi conformément aux normes internationales est à votre disposition sur le site internet de la société' (p2). No auditor's report on the summary is printed. The summary states 'Tous les chiffres sont issus des comptes consolidés aux normes IFRS' and that the Rapport Financier Annuel with the complete consolidated statements is available on www.risma.com (p2). It reproduces the auditors' report on the full consolidated statements: 'Nous certifions que les états financiers consolidés ... sont réguliers et sincères et donnent ... une image fidèle ...' (unmodified; KAM: impairment tests of hotel assets; signed, 24 April 2026; pp2-3). Consolidated statement of financial position (assets; equity and liabilities) and consolidated income statement, condensed lines (p2); no cash-flow statement, no statement of comprehensive income or changes in equity, no notes, no earnings per share. Also printed: key figures (p2) and the company's statutory accounts with their audit report (pp4-5), not transcribed.

    Source: RISMA — Résultats annuels au 31 décembre 2025 (Communication financière 2025) (dated 2026-04-24)

  • Revenue

    MAD 1.63 billion

    1,633,532 MAD thousands · p2

    +29.3% vs 2024

  • Operating profit / (loss)

    MAD 425 million

    424,612 MAD thousands · p2

    +45.0% vs 2024

  • Profit / (loss) for the year

    MAD 281 million

    280,549 MAD thousands · p2

    +42.9% vs 2024

  • Total assets

    MAD 4.62 billion

    4,617,604 MAD thousands · p2

    +21.2% vs 2024

  • Total equity

    MAD 1.80 billion

    1,803,813 MAD thousands · p2

    +6.4% 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 thousands 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 — published summary of audited statements (summary), final status not established; reported for the year · source
  • FY2024 — published summary of audited statements (summary), final status not established; comparative in the FY2025 filing · source
    • 2025, 2024: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'Tous les chiffres sont issus des comptes consolidés aux normes IFRS' and 'Le Rapport Financier Annuel comprenant le jeu complet des états financiers consolidés de Risma au 31 décembre 2025, établi conformément aux normes internationales est à votre disposition sur le site internet de la société' (p2). No auditor's report on the summary is printed. The summary states 'Tous les chiffres sont issus des comptes consolidés aux normes IFRS' and that the Rapport Financier Annuel with the complete consolidated statements is available on www.risma.com (p2). It reproduces the auditors' report on the full consolidated statements: 'Nous certifions que les états financiers consolidés ... sont réguliers et sincères et donnent ... une image fidèle ...' (unmodified; KAM: impairment tests of hotel assets; signed, 24 April 2026; pp2-3). Consolidated statement of financial position (assets; equity and liabilities) and consolidated income statement, condensed lines (p2); no cash-flow statement, no statement of comprehensive income or changes in equity, no notes, no earnings per share. Also printed: key figures (p2) and the company's statutory accounts with their audit report (pp4-5), not transcribed.

Income statement

Income statement, MAD thousands. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations
Chiffre d'affaires 1,633,532 1,263,775
Charges d'exploitation1 (993,034) (792,373)
Résultat Brut d'Exploitation2 640,498 471,402
Loyers3 (9,211) (10,180)
Amortissements et provisions4 (206,674) (168,379)
Résultat d'exploitation 424,612 292,842
Résultat financier5 (95,720) (78,031)
Résultat avant impôt6 328,892 214,811
Résultat de la gestion des autres actifs7 7,820 11,569
Résultat opérationnel avant impôts8 336,712 226,380
- Impôts exigibles9 (44,193) (18,133)
- Impôts différés10 (11,971) (11,951)
Impôts (56,164) (30,084)
Résultat net de l’ensemble consolidé 280,549 196,296
Intérêts minoritaires11 (10,927) (13,272)
Notes and alternative reported figures (11)
  1. “Charges d'exploitation” is an issuer-specific line, not mapped to a shared definition: Operating charges, one line (printed negative).
  2. “Résultat Brut d'Exploitation” is an issuer-specific line, not mapped to a shared definition: Revenue less operating charges, before rents.
  3. “Loyers” is an issuer-specific line, not mapped to a shared definition: Rents (printed negative), between RBE and EBE.
  4. “Amortissements et provisions” is an issuer-specific line, not mapped to a shared definition: Printed negative.
  5. “Résultat financier” is an issuer-specific line, not mapped to a shared definition: Net financial result (printed negative).
  6. “Résultat avant impôt” is an issuer-specific line, not mapped to a shared definition: Printed subtotal 'Résultat avant impôt', before the result of managing other assets; the line after it, 'Résultat opérationnel avant impôts', is the result before income taxes.
  7. “Résultat de la gestion des autres actifs” is an issuer-specific line, not mapped to a shared definition: Result from the management of other assets.
  8. “Résultat opérationnel avant impôts”: mapping to a shared definition is uncertain. Printed 'Résultat opérationnel avant impôts': the result before income taxes, after the result of other assets; an earlier subtotal is printed 'Résultat avant impôt' (native).
  9. “- Impôts exigibles” is an issuer-specific line, not mapped to a shared definition: Current income tax (printed negative).
  10. “- Impôts différés” is an issuer-specific line, not mapped to a shared definition: Deferred income tax (printed negative).
  11. “Intérêts minoritaires” is an issuer-specific line, not mapped to a shared definition: Minority share of the net result, printed negative.

Balance sheet

Balance sheet, MAD thousands. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations
Écart d'acquisition1 563,007 281,505
Immobilisations Incorporelles 7,001 1,423
Immobilisations Corporelles 3,143,210 2,678,337
Immeubles de placement 290,704 –2
Autres immobilisations financières3 2,300 2,200
Actifs d'impôts différés 21,486 36,282
Total actif non courant 4,027,708 2,999,747
Stocks 16,613 13,858
Clients4 61,040 36,320
Autres tiers5 178,868 148,572
Trésorerie et équivalents de trésorerie 333,375 610,948
Total actif courant 589,896 809,699
Total actif 4,617,604 3,809,445
Capital 1,432,695 1,432,695
Primes et réserves6 (14,416) (34,521)
Résultat de l'exercice7 269,622 183,024
Capitaux Propres Part Groupe 1,687,900 1,581,198
Intérêts minoritaires 115,912 113,553
Capitaux Propres 1,803,813 1,694,751
Autres dettes à long terme8 1,487,944 1,391,741
Provisions à caractère non courant9 28,809 3,949
Total Passif Non Courant 1,516,753 1,395,690
Fournisseurs 213,986 136,998
Autres tiers et impôt société10 214,106 196,305
Provisions à caractère courant 55,072 80,751
Dettes financières à court terme11 646,965 253,434
Banques 166,910 51,516
Total Passif Courant 1,297,039 719,004
Total Passif 4,617,604 3,809,445
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
Notes and alternative reported figures (10)
  1. “Écart d'acquisition” is an issuer-specific line, not mapped to a shared definition: Goodwill (non-current).
  2. “Autres immobilisations financières” is an issuer-specific line, not mapped to a shared definition: Non-current.
  3. “Clients”: mapping to a shared definition is uncertain. Printed 'Clients' (trade receivables); other receivables are printed separately as 'Autres tiers'.
  4. “Autres tiers” is an issuer-specific line, not mapped to a shared definition: Current assets: other receivables.
  5. “Primes et réserves” is an issuer-specific line, not mapped to a shared definition: Equity: share premiums and consolidated reserves, one line (printed negative).
  6. “Résultat de l'exercice” is an issuer-specific line, not mapped to a shared definition: Group share of the year's result shown within equity.
  7. “Autres dettes à long terme” is an issuer-specific line, not mapped to a shared definition: Non-current liabilities; not analysed in the summary.
  8. “Provisions à caractère non courant” is an issuer-specific line, not mapped to a shared definition: Non-current liabilities.
  9. “Autres tiers et impôt société” is an issuer-specific line, not mapped to a shared definition: Current liabilities: other payables and corporate income tax.
  10. “Dettes financières à court terme”: mapping to a shared definition is uncertain. Printed 'Dettes financières à court terme'; bank overdrafts are printed separately ('Banques').

Per share and shares

Per share and shares. Columns: FY2025 — published summary of audited statements (final status not established), as reported for the year; FY2024 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2025.
Line (as printed) FY2025Published summary of audited statements (summary)reported for the yearFY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations
Profit / (loss) attributable to shareholders (MAD thousands)1 269,622 183,024
Notes and alternative reported figures (1)
  1. Profit / (loss) attributable to shareholders: printed as “Résultat Net Part du Groupe”.

Reported measures outside the statements

Issuer-reported EBITDA, as printed outside the primary statements; definition and scope are the issuer's. Printed 'Excédent brut d'exploitation' (EBE) as a line of the income statement, after rents.
Measure (as printed)FY2025FY2024
Excédent brut d'exploitation631,286 p2461,221 p2

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.

  • RISMA — Résultats annuels au 31 décembre 2025 (Communication financière 2025)

    Year ended 31 December 2025 · Published summary of audited statements (summary) · final status not established

    Audit: Fidaroc Grant Thornton (Faïçal Mekouar); Forvis Mazars (Abdou Souleye Diop) (named); no auditor's opinion on the full statements in this document

    Final status: Annual results communication published by RISMA (Bourse de Casablanca). No auditor's report on the summary is printed. The publication reproduces the joint auditors' report on the full consolidated financial statements (unmodified; Fidaroc Grant Thornton, Faïçal Mekouar; Forvis Mazars, Abdou Souleye Diop; 'Casablanca, le 24 avril 2026'; handwritten signatures and firm stamps, PDF p3, page image). No board approval date is printed; the Directoire proposes a dividend (p2).

    Document date
    24 Apr 2026
    Auditor's report
    date not recorded
    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
    consolidated statements · MAD thousands (printed “EN KMAD”)
    • CMG (Radisson Blu Marrakech hotel and Carré Eden shopping centre) was acquired on 7 October 2025 and is consolidated in 2025 (p2): goodwill, investment property and revenue rise accordingly.
    • Columns printed oldest first (31/12/2024 | 31/12/2025); each row is read as two facts. 'Total Passif' is the total of equity and liabilities; no total-liabilities line is printed.
    • No auditor's report on the summary is printed. The summary states 'Tous les chiffres sont issus des comptes consolidés aux normes IFRS' and that the Rapport Financier Annuel with the complete consolidated statements is available on www.risma.com (p2). It reproduces the auditors' report on the full consolidated statements: 'Nous certifions que les états financiers consolidés ... sont réguliers et sincères et donnent ... une image fidèle ...' (unmodified; KAM: impairment tests of hotel assets; signed, 24 April 2026; pp2-3).
    • Consolidated statement of financial position (assets; equity and liabilities) and consolidated income statement, condensed lines (p2); no cash-flow statement, no statement of comprehensive income or changes in equity, no notes, no earnings per share. Also printed: key figures (p2) and the company's statutory accounts with their audit report (pp4-5), not transcribed.
    Technical details
    File
    5 pages, with a text layer
    SHA-256
    4ed6e6f68b79e96fd473f6c17287d3aef90c4805670c6856fb8b7d0f06d19890
    Entity as printed
    RISMA S.A. et ses filiales (le « Groupe ») (PDF p2); 'RISMA: 240 Bd Mohamed Zerktouni Casablanca' (p1)
    Exchange copy
    retrieved 2026-10-08T18:23:03Z

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) (9 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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