“The West African Studies and Works Company (SETAO), a subsidiary of the Bouygues group specializing in consulting and engineering services in the field of Construction and Public Works (BTP), significantly reduced its deficit by 72.26% at the end of the 2025 fiscal year compared to 2024, announced the leaders of this company based in Abidjan.
This deficit thus decreased from -348.195 million CFA francs (-626,751 dollars) on December 31, 2024 to -96.558 million CFA francs (-173,804 dollars) on December 31, 2025. Compared to December 31, 2023 where it stood at -1.117 billion CFA francs, SETAO has significantly reduced its deficit by 91.35%.
As for turnover, other income and transfer of charges, there was a significant increase of 116.25%, rising from 1.793 billion CFA francs in 2024 to 3.878 billion CFA francs during the period under review.
On the other hand, the company’s purchasing and expenses increased by 1.477 billion CFA francs, reaching 3.724 billion CFA francs compared to 2.247 billion CFA francs in 2024.
As for the value added, it amounted to +154.189 million CFA francs compared to -454 million CFA francs on December 31, 2024.
Personnel expenses were reduced by 39.15% during the period under review, decreasing from 1.321 billion CFA francs in 2024 to 804.321 million CFA francs.
SETAO also significantly reduced the deficit of the gross operating surplus, which stands at -650.132 million CFA francs compared to -1.775 billion CFA francs in 2024.
The deficit of the operating result also decreased from -1.007 billion CFA francs on December 31, 2024 to -772 million CFA francs on December 31, 2025.
At the end of the period under review, SETAO’s financial result shows a balance of 227.009 million CFA francs compared to a balance of 85.321 million CFA francs in 2024, representing a 166.06% increase.
The result of ordinary activities shows a deficit balance of -545 million CFA francs compared to a deficit balance of -923 million CFA francs on December 31, 2024.
As for the result before tax, it is positive at 4.341 million CFA francs compared to a deficit of -337.090 million CFA francs in 2024.”
