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Smart Tunisie

SMART · Bourse de Tunis · Consolidated statements

On this page
Company details
Legal name
Smart Tunisie S.A.
Listing
SMART on the Bourse de Tunis, active · ISIN TNQPQXRODTH8 (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, final status not established · source

Read with these figures

  • Audited financial statements not confirmed as final. The published copy is unsigned. The FY2025 figures come from it.
  • Auditor's emphasis of matter. Observation: the auditors draw attention to note V (p12) on the 2020 in-depth tax audit of SMART TUNISIE (years 2016-2018; taxation d'office of 4 043 KDT contested before the Tunis court of first instance, payment schedules, provision for risk of 1 420 KDT; final impact cannot be reliably estimated); the opinion is not modified on this point (p30).
Full wording and sources

  • Audited financial statements for 2025: final status not established

    Commissaires aux comptes' report on the consolidated statements (p28-p33), unqualified with an observation, dated 'Fait à Tunis, le 13 avril 2026', with the names Mohamed Ali ELAOUANI CHERIF (ECC MAZARS) and Hayet LAABIDI (ACEF EXPERT) typeset and no visible signature or stamp (p33, page image). The report states the accounts were 'arrêtés par le Conseil d'Administration du 3 avril 2026' (p28); no board signature is printed.

    Source: Avis des sociétés — Etats financiers consolidés — SMART TUNISIE (dated 2026-04-13)

  • Auditor's emphasis of matter

    Observation: the auditors draw attention to note V (p12) on the 2020 in-depth tax audit of SMART TUNISIE (years 2016-2018; taxation d'office of 4 043 KDT contested before the Tunis court of first instance, payment schedules, provision for risk of 1 420 KDT; final impact cannot be reliably estimated); the opinion is not modified on this point (p30).

    Source: Avis des sociétés — Etats financiers consolidés — SMART TUNISIE (dated 2026-04-13)

  • Revenue

    TND 498 million

    497,533,927 TND units · p4

    +14.4% vs 2024

  • Operating profit / (loss)

    TND 41.8 million

    41,770,402 TND units · p4

    +20.4% vs 2024

  • Profit / (loss) for the year

    TND 22.2 million

    22,172,530 TND units · p4

    +47.4% vs 2024

  • Total assets

    TND 263 million

    263,205,299 TND units · p2

    +7.2% vs 2024

  • Total equity

    TND 118 million

    117,911,325 TND units · p3

    +12.1% vs 2024

  • Cash from operations

    TND 12.9 million

    12,902,901 TND units · p5

    +10.7% 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.

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, final status not established; reported for the year · source
  • FY2024 — audited financial statements, final status not established; comparative in the FY2025 filing · source

Income statement

Income statement, TND units. Columns: FY2025 — audited financial statements (final status not established), as reported for the year; FY2024 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
Revenus 497,533,927 435,017,098
Autres produits d'exploitation 1,077,126 1,286,662
TOTAL DES PRODUITS D'EXPLOITATION1 498,611,053 436,303,760
Achats de marchandises consommés2 420,070,169 366,402,816
Achats d'approvisionnements consommés3 1,153,626 1,005,954
Charges de personnel 19,138,678 19,286,327
Dotations aux amortissements et aux provisions4 6,700,432 6,041,841
Autres charges d'exploitation 9,777,745 8,861,279
TOTAL DES CHARGES D'EXPLOITATION5 456,840,651 401,598,218
RESULTAT D'EXPLOITATION 41,770,402 34,705,542
Charges financières nettes6 (13,628,012) (15,029,833)
Produits des placements7 617,678 375,168
Autres gains ordinaires8 319,215 320,144
Autres pertes ordinaires9 (51,097) (87,005)
RESULTAT DES ACTIVITES ORDINAIRES AVANT IMPOT 29,028,186 20,284,017
Impôt sur les bénéfices10 (5,893,212) (4,611,229)
Contribution Sociale de Solidarité11 (878,909) (687,981)
Impôts différés12 (83,534) 56,824
RESULTAT DES ACTIVITES ORDINAIRES APRES IMPOT13 22,172,530 15,041,631
RESULTAT NET DE L'EXERCICE DES SOCIETES INTEGREES 22,172,530 15,041,631
Part revenant aux intérêts minoritaires14 46,000 7,444
Notes and alternative reported figures (14)
  1. “TOTAL DES PRODUITS D'EXPLOITATION” is an issuer-specific line, not mapped to a shared definition: Revenue and other operating income.
  2. “Achats de marchandises consommés” is an issuer-specific line, not mapped to a shared definition: Note 18: cost of goods for resale consumed (distribution).
  3. “Achats d'approvisionnements consommés” is an issuer-specific line, not mapped to a shared definition: Note 19.
  4. “Dotations aux amortissements et aux provisions” is an issuer-specific line, not mapped to a shared definition: Note 21 (incl. goodwill amortisation).
  5. “TOTAL DES CHARGES D'EXPLOITATION” is an issuer-specific line, not mapped to a shared definition: Operating charges, printed as positive amounts.
  6. “Charges financières nettes”: mapping to a shared definition is uncertain. Net financial charges (interest and exchange losses net of gains, note 23), one line.
  7. “Produits des placements” is an issuer-specific line, not mapped to a shared definition: Note 24.
  8. “Autres gains ordinaires” is an issuer-specific line, not mapped to a shared definition: Note 25.
  9. “Autres pertes ordinaires” is an issuer-specific line, not mapped to a shared definition: Note 26.
  10. “Impôt sur les bénéfices” is an issuer-specific line, not mapped to a shared definition: Note 27: current corporate income tax.
  11. “Contribution Sociale de Solidarité” is an issuer-specific line, not mapped to a shared definition: Note 27: social solidarity contribution (comparative reclassified from other operating charges, note 29).
  12. “Impôts différés” is an issuer-specific line, not mapped to a shared definition: Note 27: deferred tax.
  13. “RESULTAT DES ACTIVITES ORDINAIRES APRES IMPOT” is an issuer-specific line, not mapped to a shared definition: Printed subtotal after the three tax lines.
  14. “Part revenant aux intérêts minoritaires” is an issuer-specific line, not mapped to a shared definition: Minority share of the year's result.

Balance sheet

Balance sheet, TND units. Columns: FY2025 — audited financial statements (final status not established), as reported for the year; FY2024 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
Ecart d'acquisition (net)1 12,143,638 12,915,124
Immobilisations incorporelles (net) 1,735,053 1,182,810
Immobilisations corporelles (net) 48,464,496 42,412,084
Immobilisations financières2 43,169 33,153
Autres actifs non courants3 1,415,412 941,163
TOTAL DES ACTIFS NON COURANTS 63,801,769 57,484,333
Stocks (net) 79,954,772 78,778,954
Clients et comptes rattachés (net) 95,184,706 86,451,719
Autres actifs courants4 18,791,607 16,968,663
Liquidités et équivalents de liquidités 5,472,444 5,767,033
TOTAL DES ACTIFS COURANTS 199,403,530 187,966,369
TOTAL DES ACTIFS 263,205,299 245,450,702
Capital social 50,617,215 50,617,215
Réserves consolidées5 44,516,599 39,273,394
Ecart de conversion6 1,415 (2,989)
Total des capitaux propres avant résultat7 95,135,229 89,887,620
Résultat de l'exercice consolidé8 22,126,530 15,034,187
Total des capitaux propres après résultat 117,261,759 104,921,806
Intérêts minoritaires dans les réserves9 603,566 259,396
Intérêts minoritaires dans le résultat10 46,000 7,444
Total des Intérêts minoritaires 649,566 266,841
TOTAL DES CAPITAUX PROPRES 117,911,325 105,188,647
Emprunts 11,363,424 10,266,107
Provisions11 2,010,637 1,880,703
TOTAL DES PASSIFS NON COURANTS 13,374,061 12,146,811
Fournisseurs et comptes rattachés 32,642,446 31,511,889
Autres passifs courants12 16,132,760 17,575,833
Concours bancaires et autres passifs financiers13 83,144,707 79,027,522
TOTAL DES PASSIFS COURANTS 131,919,913 128,115,244
TOTAL DES PASSIFS 145,293,973 140,262,055
TOTAL DES CAPITAUX PROPRES ET DES PASSIFS 263,205,299 245,450,702
Chèques à l'encaissement14 81,426 241,758
Total concours bancaires15 (9,531,200) (11,314,754)
Notes and alternative reported figures (15)
  1. “Ecart d'acquisition (net)” is an issuer-specific line, not mapped to a shared definition: Note 1: goodwill less amortisation.
  2. “Immobilisations financières” is an issuer-specific line, not mapped to a shared definition: Note 4: deposits and guarantees.
  3. “Autres actifs non courants” is an issuer-specific line, not mapped to a shared definition: Note 5.
  4. “Autres actifs courants” is an issuer-specific line, not mapped to a shared definition: Note 8.
  5. “Réserves consolidées” is an issuer-specific line, not mapped to a shared definition: Consolidated reserves.
  6. “Ecart de conversion” is an issuer-specific line, not mapped to a shared definition: Translation difference within equity.
  7. “Total des capitaux propres avant résultat” is an issuer-specific line, not mapped to a shared definition: Group equity before the year's result.
  8. “Résultat de l'exercice consolidé” is an issuer-specific line, not mapped to a shared definition: The year's consolidated result (group share) shown within equity.
  9. “Intérêts minoritaires dans les réserves” is an issuer-specific line, not mapped to a shared definition: Minority interests in reserves.
  10. “Intérêts minoritaires dans le résultat” is an issuer-specific line, not mapped to a shared definition: Minority interests in the year's result.
  11. “Provisions” is an issuer-specific line, not mapped to a shared definition: Note 12: tax-risk provision and retirement indemnities.
  12. “Autres passifs courants” is an issuer-specific line, not mapped to a shared definition: Note 14.
  13. “Concours bancaires et autres passifs financiers”: mapping to a shared definition is uncertain. Note 15 (p20): short-term bank financing, guaranteed bonds (obligations cautionnées), bank overdrafts (9 531 200), current portions of bank and leasing loans and discounted bills, in one line.
  14. “Chèques à l'encaissement” is an issuer-specific line, not mapped to a shared definition: Note 9 (p18): cheques for collection, within liquidités et équivalents de liquidités but outside 'Total liquidités et équivalents de liquidités' in the cash note 28 (p23).
  15. “Total concours bancaires” is an issuer-specific line, not mapped to a shared definition: Note 28 (p23): bank overdrafts ('Banques'), printed negative, deducted for the cash-flow statement; on the bilan they sit within 'Concours bancaires et autres passifs financiers' (note 15, 'Banques C').

Cash flow

Cash flow, TND units. Columns: FY2025 — audited financial statements (final status not established), as reported for the year; FY2024 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
Résultat net des sociétés intégrées1 22,126,530 15,034,187
Résultat net revenant aux intérêts minoritaires2 46,000 7,444
Amortissements et provisions3 5,287,482 3,457,588
Stocks4 (1,244,784) (11,674,865)
Clients5 (10,507,105) (621,880)
Autres actifs6 (1,822,944) (2,875,697)
Fournisseurs et autres dettes7 (312,517) 8,539,226
Autres actifs non courants8 (474,249) 27,446
Plus-value de cession9 (285,470) (174,181)
Ecart de conversion10 6,424 10,559
Impôts différés11 83,534 (73,970)
Flux de trésorerie provenant de l'exploitation 12,902,901 11,655,858
Décaissements affectés de l'acquisition d'immo. Corp. et incorp12 (9,645,451) (7,660,695)
Encaissements provenant de la cession d'immo. Corp. et incorp13 299,915 364,110
Décaissements affectés de l'acquisition d'immobilisations14 (20,016) (15,310)
Encaissements provenant de la cession d'immobilisations15 10,000 59,851
Flux de trésorerie affectés aux activités d'investissement (9,355,552) (7,252,044)
Encaissements suite à l'émission d'actions (société mère)16 –17 –17
Encaissements suite à l'émission d'actions (sociétés intégrées)18 167,025 –17
Dividendes versés aux actionnaires de la société mère (9,111,099) (9,111,099)
Dividendes versés aux minoritaires des sociétés intégrées19 (255) (288)
Encaissements provenant des emprunts 5,851,384 5,879,800
Remboursements d'emprunts (5,151,409) (4,235,760)
Remboursements leasing20 (386,648) (836,326)
Encaissements/ décaissements financement d'exploitation21 7,412,873 3,704,890
Dépenses du fonds social22 (679,922) (638,989)
Flux de trésorerie affectés aux activités de financement (1,898,052) (5,237,772)
Variation de trésorerie 1,649,297 (833,957)
Trésorerie au début de l'exercice (5,789,479) (4,955,522)
Trésorerie à la clôture de l'exercice (4,140,182) (5,789,479)
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (21)
  1. “Résultat net des sociétés intégrées” is an issuer-specific line, not mapped to a shared definition: Starting line of the indirect cash-flow statement (group share).
  2. “Résultat net revenant aux intérêts minoritaires” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  3. “Amortissements et provisions” is an issuer-specific line, not mapped to a shared definition: Operating activities: adjustment.
  4. “Stocks” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  5. “Clients” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  6. “Autres actifs” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  7. “Fournisseurs et autres dettes” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  8. “Autres actifs non courants” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  9. “Plus-value de cession” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  10. “Ecart de conversion” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  11. “Impôts différés” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  12. “Décaissements affectés de l'acquisition d'immo. Corp. et incorp”: mapping to a shared definition is uncertain. Tangible and intangible fixed assets together, one line.
  13. “Encaissements provenant de la cession d'immo. Corp. et incorp”: mapping to a shared definition is uncertain. Tangible and intangible fixed assets together, one line.
  14. “Décaissements affectés de l'acquisition d'immobilisations” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  15. “Encaissements provenant de la cession d'immobilisations” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  16. “Encaissements suite à l'émission d'actions (société mère)” is an issuer-specific line, not mapped to a shared definition: Financing activities (nil both years).
  17. “Encaissements suite à l'émission d'actions (sociétés intégrées)” is an issuer-specific line, not mapped to a shared definition: Financing activities.
  18. “Dividendes versés aux minoritaires des sociétés intégrées” is an issuer-specific line, not mapped to a shared definition: Financing activities.
  19. “Remboursements leasing”: mapping to a shared definition is uncertain. One line for leasing repayments; the statement does not say whether it is principal only (p5).
  20. “Encaissements/ décaissements financement d'exploitation” is an issuer-specific line, not mapped to a shared definition: Financing activities: net short-term operating finance.
  21. “Dépenses du fonds social” is an issuer-specific line, not mapped to a shared definition: Financing activities.

Per share and shares

Per share and shares. Columns: FY2025 — audited financial statements (final status not established), as reported for the year; FY2024 — audited financial statements (final status not established), comparative reported in the audited financial statements for 2025.
Line (as printed) FY2025Audited financial statementsreported for the yearFY2024Audited financial statementscomparative in FY2025 filing
Earnings / (loss) per share (per share)21 2.2 1.5
Profit / (loss) attributable to shareholders (TND units)3 22,126,530 15,034,187
Shares in issue at year end (shares)4 10,123,443 10,123,443
Notes and alternative reported figures (4)
  1. “Résultat par action”: mapping to a shared definition is uncertain. Note 10 (p18): 'Résultat par action' (group-share result over the number of shares), printed to one decimal place; basic or diluted not stated.
  2. Earnings / (loss) per share: printed as “Résultat par action”.
  3. Profit / (loss) attributable to shareholders: printed as “RESULTAT NET REVENANT A LA SOCIETE CONSOLIDANTE”.
  4. Shares in issue at year end: printed as “Nombre d'actions”.

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.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividends paid (cash flow statement) Dividendes versés aux actionnaires de la société mère (9,111,099) TND units Audited financial statements, p5
31 Dec 2024 Dividends paid (cash flow statement) Dividendes versés aux actionnaires de la société mère (9,111,099) TND units Audited financial statements, p5

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 des sociétés — Etats financiers consolidés — SMART TUNISIE

    Year ended 31 December 2025 · Audited financial statements · final status not established

    Audit: ECC MAZARS (Mohamed Ali Elaouani Cherif) and ACEF EXPERT (Hayet Laabidi), commissaires aux comptes, unmodified opinion

    Auditor's sign-off: Mohamed Ali ELAOUANI CHERIF (ECC MAZARS); Hayet LAABIDI (ACEF EXPERT) (names typeset)

    Final status: Commissaires aux comptes' report on the consolidated statements (p28-p33), unqualified with an observation, dated 'Fait à Tunis, le 13 avril 2026', with the names Mohamed Ali ELAOUANI CHERIF (ECC MAZARS) and Hayet LAABIDI (ACEF EXPERT) typeset and no visible signature or stamp (p33, page image). The report states the accounts were 'arrêtés par le Conseil d'Administration du 3 avril 2026' (p28); no board signature is printed.

    Document date
    13 Apr 2026
    Auditor's report
    13 Apr 2026
    Board approval
    3 Apr 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · TND units (printed “Montants exprimés en dinars”)
    • Cash at the end of the year in the cash-flow statement ((4 140 182); 2024: (5 789 479)) is banks and cash on hand (5 391 018; 2024: 5 525 275) less bank overdrafts (9 531 200; 2024: 11 314 754) (note 28, p23); cheques for collection (81 426; 2024: 241 758, note 9) are in the bilan's liquidités but not in it.
    • Comparatives restated (*, p4; note 29, p23): the 2024 social solidarity contribution (687 981) was reclassified from 'Autres charges d'exploitation' (now 8 861 279; previously 9 549 260) to a tax line.
    • Income tax is printed on three lines (impôt sur les bénéfices, contribution sociale de solidarité, impôts différés; note 27) with no total; transcribed as issuer-native lines.
    • The cash-flow statement prints the line 'Ajustement de trésorerie lié à la variation du périmètre de consolidation' with no amount in either year (p5); not transcribed.
    Technical details
    File
    33 pages, with a text layer
    SHA-256
    2fd8ba4e0e8c17c9fcf96f659ed475aba95c98496fa16ed5dbc9572632e01dbc
    Entity as printed
    SMART TUNISIE (Société SMART TUNISIE S.A)
    Exchange copy
    retrieved 2026-10-08T18:05:08Z

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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