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SOMFY

Active
Public limited companyfounded 1986active for 40 yearsIkaroslaan 21, 1930 Zaventem, BelgiumKBO/BCE: BE 0428.276.378
Summary

SOMFY has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €2.3m. Equity remains stable across the filed financial years (±1.7% per year). Its solvency ranks better than 24% of 6,142 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of electrical equipment, including installation materials
NACE 46643
1 site
Size
€39.2mturnover 2025
Staff
29 FTE
Equity
€2.8m
Profit
€2.3m
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
SOMFY SA
Board
4 members
Auditor: KPMG Bedrijfsrevisoren BV/SRL2025 accounts 36 days early
Why 96raises riskEquity €2.8m (21.6% of total assets)lowers riskLiquidity: current ratio 1.34, cash €8.8mFounded in 1986Profit of €2.3m (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Strong
Solvency 47+18
equity 21.6% of total assets
Liquidity 60+10
short-term debt 73.5% · cash 68.0%
Profitability 78-4
return on assets 17.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,376 companies, NACE 46, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.34, compared with 1.1 in 2024, below the usual 1.5; short-term debt: 73.5% and cash: 68% of total assets), and 78.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 24% on solvency, 79% on liquidity, 77% on profitability and 77% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.34, cash €8.8m
NBB · annual accounts
raises risk · Equity €2.8m (21.6% of total assets)
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €2.3m (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 6142 sector peers (2025).
NBB · sector comparison
Position among 6142 sector peers
Solvency
better than 24%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.8m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
44 days early
2023
20 days early
2022
21 days early
2021
34 days early
2020
29 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Sven van Witzenburg (director) and…Power of attorney
  2. Annual accounts filedfinancial year 2025 · full…
  3. PurposeMerger · Accounting effect ·…

Key points

  • Positive: Equity rose in 2025from €506,514 to €2.8m ▲ 451% View
  • Positive: Among the best 10% on net resultsector median €112,386 · 6,077 companies €2.3m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €2.3m 8 years View
  • Controlled by SOMFY SAknown shareholders 100% parent View
  • Merger with TELECO AUTOMATION BENELUXmerger on 30-01-2026 2026 View

By topic

Financials

Financial year
2025
Turnover
€39.2m
Profit
€2.3m
Solvency
21.6%
Turnover▲ 2.0%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
SOMFY SA
Known shareholders
100%
Auditor
KPMG Bedrijfsrevisoren BV/SRL
  • Sven van WitzenburgChair
  • Thomas VerhammeDirector
  • Ouadia GauthierDirector
  • Sébastien PicotDirector
Go to Board & ownership

Timeline

Events
69
Since
1987
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €2m
  2. 25-11-2025Purpose · Restructuring
  3. 17-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of electrical equipment, including installation materialsNACE 46643
Founded
03-01-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Second Tuesday of June at 09:30
Purpose
“Het vervaardigen en de handel van apparatuur,van componenten van automatismes en van…” (deed in Dutch)
Go to Articles of association

Key facts about SOMFY

What is the company number of SOMFY?
0428.276.378. In Belgium the VAT number is the company number with BE in front: BE 0428.276.378.
Where is SOMFY based?
The registered office is at Ikaroslaan 21, 1930 Zaventem.Company details
What does SOMFY do?
According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
What is the legal form of SOMFY?
Public limited company (NV).
When was SOMFY founded?
On 03-01-1986.
Is SOMFY still active?
Yes, SOMFY is an active enterprise in the KBO register.
How many employees does SOMFY have?
On average 29 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SOMFY?
€39.2m in financial year 2025, according to the filed annual accounts.
Is SOMFY profitable?
In financial year 2025, SOMFY made a profit of €2.3m.
Where can I find the annual accounts of SOMFY?
SOMFY filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SOMFY due?
By 31-07-2027, for financial year 2026.Timeline

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