SOMFY: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
SOMFY
NACE 46.643, Wholesale of electrical equipment, including installation materials
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.3m
2024 · €2.5m-€232,136
Equity
€2.8m
2024 · €506,514+€2.3m
Cash
€8.8m
2024 · €8.7m+€84,893
Balance sheet total
€12.9m
2024 · €12.4m+€519,739
Largest movements
Assets
- Receivables within one year +€411,711
up €411,711 (+12.1%), from €3.4m to €3.8m
of which Other amounts receivable: +€390,648
Equity and liabilities
- Other debts -€2.6m
down €2.6m (-100.0%), from €2.6m to €165
- Profit (loss) carried forward +€2.3m
up €2.3m (+1845.1%), from €123,714 to €2.4m
- Tax, wage and social debts +€740,861
up €740,861 (+71.2%), from €1.0m to €1.8m
of which Taxes: +€553,910
- Trade debts +€282,276
up €282,276 (+3.8%), from €7.4m to €7.7m
- Provisions -€143,803
down €143,803 (-22.8%), from €630,322 to €486,518
Income statement
- Goods and materials +€1.0m
up €1.0m (+3.9%), from €25.9m to €26.9m
- Turnover +€779,794
up €779,794 (+2.0%), from €38.4m to €39.2m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€2.5m
Turnover
+€779,794
Other operating income
-€24,301
Goods and materials
-€1.0m
Services and other goods
-€149,064
Staff costs
-€42,544
Depreciation
-€9,178
Write-downs
-€62,132
Provisions
-€41,190
Other operating charges
+€8,338
Financial income
+€69,658
Financial charges
+€155,806
Taxes
+€84,186
Result 2025
€2.3m
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€149,171
Investment
-€64,279
Financing
-€0
Cash 2024
€8.7m
From operations (derived)
+€149,171
Net result for the year
+€2.3m
Depreciation
+€43,426
Smaller working-capital items
-€829
Receivables within one year
-€411,711
Provisions
-€143,803
Trade debts
+€282,276
Tax, wage and social debts
+€740,861
Other debts
-€2.6m
Accrued charges and deferred income
-€43,741
Investment (derived)
-€64,279
Investment in fixed assets (net)
-€64,279
Financing
-€0
Contributions, distributions and other
-€0
Cash 2025
€8.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,421,672 | €12,941,411 | +€519,739 | +4.2% |
| Fixed assets | 21/28 | €208,187 | €229,040 | +€20,853 | +10.0% |
| Intangible fixed assets | 21 | €55,000 | €54,930 | -€70 | -0.1% |
| Tangible fixed assets | 22/27 | €152,472 | €154,110 | +€1,637 | +1.1% |
| Plant, machinery and equipment | 23 | €105,438 | €114,555 | +€9,117 | +8.6% |
| Furniture and vehicles | 24 | €47,034 | €39,555 | -€7,480 | -15.9% |
| Financial fixed assets | 28 | €715 | €20,000 | +€19,285 | +2696.3% |
| Affiliated companies | 280/1 | - | €20,000 | +€20,000 | |
| Participating interests | 280 | - | €20,000 | +€20,000 | |
| Other financial fixed assets | 284/8 | €715 | €0 | -€715 | -100.0% |
| Amounts receivable and cash guarantees | 285/8 | €715 | €0 | -€715 | -100.0% |
| Current assets | 29/58 | €12,213,484 | €12,712,371 | +€498,887 | +4.1% |
| Stocks and contracts in progress | 3 | €324 | €0 | -€324 | -100.0% |
| Contracts in progress | 37 | €324 | €0 | -€324 | -100.0% |
| Amounts receivable within one year | 40/41 | €3,414,656 | €3,826,366 | +€411,711 | +12.1% |
| Trade receivables | 40 | €2,405,102 | €2,426,164 | +€21,062 | +0.9% |
| Other amounts receivable | 41 | €1,009,554 | €1,400,202 | +€390,648 | +38.7% |
| Cash at bank and in hand | 54/58 | €8,713,051 | €8,797,944 | +€84,893 | +1.0% |
| Deferred charges and accrued income | 490/1 | €85,453 | €88,061 | +€2,608 | +3.1% |
| Total equity and liabilities | 10/49 | €12,421,672 | €12,941,411 | +€519,739 | +4.2% |
| Equity | 10/15 | €506,514 | €2,789,207 | +€2.3m | +450.7% |
| Contributions | 10/11 | €348,000 | €348,000 | = | 0.0% |
| Capital | 10 | €348,000 | €348,000 | = | 0.0% |
| Issued capital | 100 | €348,000 | €348,000 | = | 0.0% |
| Reserves | 13 | €34,800 | €34,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,800 | €34,800 | = | 0.0% |
| Legal reserve | 130 | €34,800 | €34,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,714 | €2,406,407 | +€2.3m | +1845.1% |
| Provisions and deferred taxes | 16 | €630,322 | €486,518 | -€143,803 | -22.8% |
| Provisions for liabilities and charges | 160/5 | €630,322 | €486,518 | -€143,803 | -22.8% |
| Other liabilities and charges | 164/5 | €630,322 | €486,518 | -€143,803 | -22.8% |
| Amounts payable | 17/49 | €11,284,836 | €9,665,687 | -€1.6m | -14.3% |
| Amounts payable within one year | 42/48 | €11,089,271 | €9,513,863 | -€1.6m | -14.2% |
| Trade debts | 44 | €7,449,099 | €7,731,375 | +€282,276 | +3.8% |
| Suppliers | 440/4 | €7,449,099 | €7,731,375 | +€282,276 | +3.8% |
| Advances received on contracts in progress | 46 | - | €1,455 | +€1,455 | |
| Taxes, remuneration and social security | 45 | €1,040,006 | €1,780,868 | +€740,861 | +71.2% |
| Taxes | 450/3 | €206,411 | €760,321 | +€553,910 | +268.4% |
| Remuneration and social security | 454/9 | €833,596 | €1,020,546 | +€186,951 | +22.4% |
| Other amounts payable | 47/48 | €2,600,165 | €165 | -€2.6m | -100.0% |
| Accrued charges and deferred income | 492/3 | €195,565 | €151,824 | -€43,741 | -22.4% |
| Operating income | 70/76A | €39,268,871 | €40,024,363 | +€755,492 | +1.9% |
| Turnover | 70 | €38,383,349 | €39,163,142 | +€779,794 | +2.0% |
| Other operating income | 74 | €885,522 | €861,221 | -€24,301 | -2.7% |
| Operating charges | 60/66A | €35,611,147 | €36,908,424 | +€1.3m | +3.6% |
| Goods for resale, raw materials and consumables | 60 | €25,887,048 | €26,888,556 | +€1.0m | +3.9% |
| Purchases | 600/8 | €25,887,048 | €26,888,556 | +€1.0m | +3.9% |
| Services and other goods | 61 | €5,607,546 | €5,756,610 | +€149,064 | +2.7% |
| Remuneration, social security and pensions | 62 | €4,073,107 | €4,115,651 | +€42,544 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,248 | €43,426 | +€9,178 | +26.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€61,987 | €146 | +€62,132 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€16,757 | €24,433 | +€41,190 | |
| Other operating charges | 640/8 | €87,942 | €79,603 | -€8,338 | -9.5% |
| Operating profit (loss) | 9901 | €3,657,724 | €3,115,939 | -€541,785 | -14.8% |
| Financial income | 75/76B | €245,648 | €315,305 | +€69,658 | +28.4% |
| Recurring financial income | 75 | €245,648 | €147,068 | -€98,580 | -40.1% |
| Income from financial fixed assets | 750 | €186 | €4,951 | +€4,765 | +2565.8% |
| Income from current assets | 751 | €245,301 | €141,728 | -€103,573 | -42.2% |
| Other financial income | 752/9 | €161 | €389 | +€228 | +141.5% |
| Non-recurring financial income | 76B | - | €168,237 | +€168,237 | |
| Financial charges | 65/66B | €484,199 | €328,393 | -€155,806 | -32.2% |
| Recurring financial charges | 65 | €378,041 | €328,393 | -€49,648 | -13.1% |
| Debt charges | 650 | €39,853 | €49,322 | +€9,469 | +23.8% |
| Other financial charges | 652/9 | €338,188 | €279,071 | -€59,117 | -17.5% |
| Non-recurring financial charges | 66B | €106,158 | €0 | -€106,158 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €3,419,173 | €3,102,852 | -€316,322 | -9.3% |
| Income taxes | 67/77 | €904,345 | €820,159 | -€84,186 | -9.3% |
| Taxes | 670/3 | €904,345 | €820,159 | -€84,186 | -9.3% |
| Profit (loss) for the period | 9904 | €2,514,828 | €2,282,692 | -€232,136 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,514,828 | €2,282,692 | -€232,136 | -9.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.