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S2M

S2M · Bourse de Casablanca · Consolidated statements

On this page
Company details
Legal name
Société Maghrébine de Monétique (S2M)
Listing
S2M on the Bourse de Casablanca, active · ISIN MA0000012106 (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 · summary financial statements, final status not established · source

Read with these figures

  • Summary financial 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

  • Summary financial statements for 2025: final status not established

    Results communiqué published by the issuer (S2M) through the Bourse de Casablanca, dated 'Casablanca, le 31.03.2026'. It states that the Directoire met on 25 mars 2026 to 'arrêter les comptes sociaux et consolidés de l'exercice 2025' (p1). No auditor's report on the summary or on the full statements, no statement that they were audited, and no signature is printed (pages 1-2, page images).

    Source: COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS (dated 2026-03-31)

  • 2025, 2024: figures from a published summary

    These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. The summary does not state its source. Published as 'COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS' (p1-p2); the Directoire 'arrêter les comptes sociaux et consolidés de l'exercice 2025' on 25 mars 2026 (p1). No auditor's report on the summary is printed; the communiqué does not say the statements were audited. It states the Directoire 's'est réuni le 25 mars 2026 ... pour arrêter les comptes sociaux et consolidés de l'exercice 2025' (p1). Condensed consolidated bilan and compte de produits & charges, 2025 and 2024 (p2); company bilan and CPC (pp3-5, not transcribed); key figures (p1). No cash-flow statement, statement of changes in equity, notes or earnings per share.

    Source: COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS (dated 2026-03-31)

  • Revenue

    MAD 367 million

    366,845,580.91 MAD units · p2

    +17.3% vs 2024

  • Operating profit / (loss)

    MAD 53.9 million

    53,863,016.31 MAD units · p2

    +21.6% vs 2024

  • Profit / (loss) for the year

    MAD 32.6 million

    32,558,353.65 MAD units · p2

    +14.4% vs 2024

  • Total assets

    MAD 310 million

    310,114,718.52 MAD units · p2

    +30.9% vs 2024

  • Total equity

    MAD 136 million

    135,589,204.55 MAD units · p2

    +31.6% 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 — summary financial statements (summary), final status not established; reported for the year · source
  • FY2024 — summary financial statements (summary), final status not established; comparative in the FY2025 filing · source
    • 2025, 2024: figures from a published summary. These columns come from the issuer's summary financial statements, not its full financial statements; the summary does not state that its source statements were audited. The summary does not state its source. Published as 'COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS' (p1-p2); the Directoire 'arrêter les comptes sociaux et consolidés de l'exercice 2025' on 25 mars 2026 (p1). No auditor's report on the summary is printed; the communiqué does not say the statements were audited. It states the Directoire 's'est réuni le 25 mars 2026 ... pour arrêter les comptes sociaux et consolidés de l'exercice 2025' (p1). Condensed consolidated bilan and compte de produits & charges, 2025 and 2024 (p2); company bilan and CPC (pp3-5, not transcribed); key figures (p1). No cash-flow statement, statement of changes in equity, notes or earnings per share.

Income statement

Income statement, MAD units. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2025.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations
Produits d'exploitation1 367,231,288.66 308,414,257.18
Chiffre d'affaires 366,845,580.91 312,710,113.94
Variation de stocks de produits2 251,707.75 4,471,505.75
Autres produits d'exploitation 134,000.00 175,648.99
Charges d'exploitation3 313,368,272.35 264,114,949.19
Achats et autres charges externes4 201,287,030.76 162,764,454.05
Impôts et taxes5 1,092,940.10 1,206,339.89
Charges de personnel 101,996,730.76 85,448,457.81
Autres charges d'exploitation 1,363,693.35 1,171,398.91
Dotations d'exploitation6 7,627,877.38 13,524,298.53
Résultat d'exploitation 53,863,016.31 44,299,307.99
Résultat financier7 16,722,038.75 1,874,949.76
Résultat courant des entreprises intégrées8 70,585,055.06 42,424,358.23
Résultat non courant9 28,798,965.21 4,875,166.31
Résultat avant impôt 41,786,089.85 37,549,191.91
Impôt sur le résultat (9,227,736.20) (9,085,185.63)
Résultat net de l'ensemble consolidé 32,558,353.65 28,464,006.29
Intérêts minoritaires dans le résultat10 0.00 949,837.53
Notes and alternative reported figures (10)
  1. “Produits d'exploitation” is an issuer-specific line, not mapped to a shared definition: Total operating income: revenue, change in stocks of products and other operating income.
  2. “Variation de stocks de produits” is an issuer-specific line, not mapped to a shared definition: Change in stocks of finished products and work in progress.
  3. “Charges d'exploitation” is an issuer-specific line, not mapped to a shared definition: Total operating charges, printed as a positive amount.
  4. “Achats et autres charges externes” is an issuer-specific line, not mapped to a shared definition: Purchases and other external charges (printed positive).
  5. “Impôts et taxes” is an issuer-specific line, not mapped to a shared definition: Taxes and duties other than income tax (printed positive).
  6. “Dotations d'exploitation” is an issuer-specific line, not mapped to a shared definition: Operating depreciation, amortisation and provision allowances (printed positive).
  7. “Résultat financier” is an issuer-specific line, not mapped to a shared definition: Net financial result, printed without sign.
  8. “Résultat courant des entreprises intégrées” is an issuer-specific line, not mapped to a shared definition: Current result of the consolidated companies (operating plus financial result).
  9. “Résultat non courant” is an issuer-specific line, not mapped to a shared definition: Non-current (exceptional) result, printed without sign.
  10. “Intérêts minoritaires dans le résultat” is an issuer-specific line, not mapped to a shared definition: Minority interests' share of the consolidated result, printed without sign.

Balance sheet

Balance sheet, MAD units. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2025.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations
Immobilisations incorporelles 1,576,269.27 2,064,875.05
Immobilisations corporelles 26,612,002.49 26,209,809.78
Immobilisations financières1 742,757.23 708,549.41
Impôts différés actifs 5,578,634.99 5,202,112.94
Actif immobilisé (sous-total sans libellé) 34,509,663.98 34,185,347.18
Stocks et en-cours 17,447,986.40 19,264,858.73
Clients et comptes rattachés 169,150,343.20 123,653,838.88
Autres créances et comptes de2 24,301,088.98 20,056,767.24
Valeurs mobilières de placement –3 4,997,422.62
Actif circulant (sous-total sans libellé) 210,899,418.58 167,972,887.48
Trésorerie - actif 64,705,635.96 34,803,825.22
Total de l'actif 310,114,718.52 236,962,059.87
Capital 40,603,500.00 40,603,500.00
Primes d'émission, de fusion, d'apport 1,100,575.90 1,100,575.90
Réserves consolidées4 61,346,594.49 32,882,588.20
Ecart de conversion5 (19,819.48) (23,239.70)
Résultat consolidé6 32,558,353.65 28,464,006.29
Capitaux propres de l'ensemble consolidé 135,589,204.55 103,027,430.68
Capitaux propres part du groupe 135,589,204.55 103,027,430.68
Intérêts minoritaires –7 –7
Dettes de financement 8,151,346.75 14,939,546.62
Dettes de financement (sous-total sans libellé) 8,151,346.75 14,939,546.62
Fournisseurs et comptes rattachés 57,867,534.86 26,663,482.39
Autres dettes et comptes de régularisation8 108,506,632.36 92,331,600.18
Passif circulant (sous-total sans libellé) 166,374,167.22 118,995,082.57
Trésorerie - passif –9 –9
Total du passif 310,114,718.53 236,962,059.87
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.current_assets.
  2. Printed “-”; reading unresolved, so no amount is shown. Printed dash; no printed subtotal confirms a nil reading.
  3. Printed “-”, read as nil: subtotal_arithmetic: bs.total_equity_and_liabilities.
Notes and alternative reported figures (6)
  1. “Immobilisations financières” is an issuer-specific line, not mapped to a shared definition: Financial fixed assets (loans, deposits, participations).
  2. “Autres créances et comptes de” is an issuer-specific line, not mapped to a shared definition: Other receivables and prepayments/accruals.
  3. “Réserves consolidées” is an issuer-specific line, not mapped to a shared definition: Consolidated reserves.
  4. “Ecart de conversion” is an issuer-specific line, not mapped to a shared definition: Currency translation difference within equity (printed negative).
  5. “Résultat consolidé” is an issuer-specific line, not mapped to a shared definition: The year's consolidated result within equity.
  6. “Autres dettes et comptes de régularisation” is an issuer-specific line, not mapped to a shared definition: Other payables and accruals.

Per share and shares

Per share and shares. Columns: FY2025 — summary financial statements (final status not established), as reported for the year; FY2024 — summary financial statements (final status not established), comparative reported in the summary financial statements for 2025.
Line (as printed) FY2025Summary financial statements (summary)reported for the yearFY2024Summary financial statements (summary)comparative in FY2025 filingsource limitations
Profit / (loss) attributable to shareholders (MAD units)1 32,558,353.65 29,413,843.81
Notes and alternative reported figures (1)
  1. Profit / (loss) attributable to shareholders: printed as “Résultat net part du Groupe”.

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.

  • COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS

    Year ended 31 December 2025 · Summary financial statements (summary) · final status not established

    Audit: Auditor not stated (named); no auditor's opinion on the full statements in this document · no signature page in this document

    Final status: Results communiqué published by the issuer (S2M) through the Bourse de Casablanca, dated 'Casablanca, le 31.03.2026'. It states that the Directoire met on 25 mars 2026 to 'arrêter les comptes sociaux et consolidés de l'exercice 2025' (p1). No auditor's report on the summary or on the full statements, no statement that they were audited, and no signature is printed (pages 1-2, page images).

    Document date
    31 Mar 2026
    Auditor's report
    date not found in this document
    Board approval
    25 Mar 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · MAD units (printed “Dirhams with centimes (no unit printed on p2; key figures on p1 'en KMAD' / 'MMAD')”)
    • Consolidated income lines printed without the sign their totals imply (page image p2; kept as printed): 2024 'Variation de stocks de produits' 4 471 505,75 (Produits d'exploitation 308 414 257,18 = 312 710 113,94 - 4 471 505,75 + 175 648,99); 2024 'Résultat financier' 1 874 949,76 (44 299 307,99 - 1 874 949,76 = 42 424 358,23); 'Résultat non courant' 28 798 965,21 and 4 875 166,31 (Résultat courant less these gives the printed Résultat avant impôt in both years); 2024 'Intérêts minoritaires dans le résultat' 949 837,53 (29 413 843,81 - 949 837,53 = 28 464 006,29). The checks on these totals fail for that reason.
    • The comparative balance-sheet column is headed '45 657,00' instead of a date (actif and passif, p2); the compte de produits & charges heads the same year '31-déc.-24'. Balance-sheet subtotals (actif immobilisé, actif circulant, dettes de financement, passif circulant) are printed without labels. Operating charges and income tax are printed as positive amounts; income tax is stored as a deduction. Total assets 2025 310 114 718,52 against total liabilities and equity 310 114 718,53 (rounding, as printed).
    • No auditor's report on the summary is printed; the communiqué does not say the statements were audited. It states the Directoire 's'est réuni le 25 mars 2026 ... pour arrêter les comptes sociaux et consolidés de l'exercice 2025' (p1).
    • Condensed consolidated bilan and compte de produits & charges, 2025 and 2024 (p2); company bilan and CPC (pp3-5, not transcribed); key figures (p1). No cash-flow statement, statement of changes in equity, notes or earnings per share.
    Technical details
    File
    5 pages, with a text layer
    SHA-256
    d42966bcd1fcf2a751159c60101f0019d523b74a35e563c4262818dbc023094b
    Entity as printed
    Société Maghrébine de Monétique (S2M) (p1)
    Exchange copy
    retrieved 2026-10-08T18:18:51Z

Data notes

  • Produits d'exploitation — OCR read '367 231288,66'; the page image shows '367 231 288,66'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)
  • Impôts et taxes — OCR read '1206 339,89'; the page image shows '1 206 339,89'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)
  • Résultat d'exploitation — OCR read '44 299307,99'; the page image shows '44 299 307,99'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)
  • Résultat financier — OCR read '1874 949,76'; the page image shows '1 874 949,76'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)
  • Résultat courant des entreprises intégrées — OCR read '42424358,23'; the page image shows '42 424 358,23'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)
  • Résultat avant impôt — OCR read '37549 191,91'; the page image shows '37 549 191,91'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)
  • Impôt sur le résultat — OCR read '9227 736,20'; the page image shows '9 227 736,20'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)
  • Impôt sur le résultat — OCR read '9 085185,63'; the page image shows '9 085 185,63'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)
  • Intérêts minoritaires dans le résultat — OCR read '949837,53'; the page image shows '949 837,53'. OCR closed up or misplaced a thousands space in this cell; the render prints the amount as corrected (page image p2). (COMMUNIQUÉ FINANCIER — RÉSULTATS ANNUELS SOCIAUX ET CONSOLIDÉS, p2)

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text and compared cell by cell with the page image; read from the page image) (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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