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Description of the business and Group composition (Tables) | 12 Months Ended
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Dec. 31, 2023
Investments accounted for using equity method [abstract] |
Summary of Subsidiaries Included in Consolidation Together with Related Percentages of Ownership and Other Information | The subsidiaries included in the consolidation as at December 31, 2023 and 2022, together with the related percentages of ownership and other information, are as follows:
Name | Percentage of 31/12/2023 |  | Percentage of 31/12/2022 |  | Share/ quota capital |  | Ownership registered office |  | Activity
Italsofa Romania S.r.l. |  | 100.00 |  |  | 100.00 |  | RON 109,271,750 |  | Baia Mare, Romania |  | (1)
Natuzzi (China) Ltd |  | 100.00 |  |  | 100.00 |  | CNY 106,414,300 |  | Shanghai, China |  | (1)
Italsofa Nordeste S/A |  | 100.00 |  |  | 100.00 |  | BRL 159,300,558 |  | Salvador de Bahia, Brazil |  | (1)
Natuzzi Quanjiao Limited |  | 100.00 |  |  | 100.00 |  | CNY 10,000,000 |  | Quanjiao County-Anhui province, China |  | (1)
Natco S.p.A. |  | 99.99 |  |  | 99.99 |  | EUR 4,420,000 |  | Santeramo in Colle, Italy |  | (2)
Nacon S.p.A. |  | 100.00 |  |  | 100.00 |  | EUR 2,800,000 |  | Santeramo in Colle, Italy |  | (3)
Lagene S.r.l. |  | 100.00 |  |  | 100.00 |  | EUR 10,000 |  | Santeramo in Colle, Italy |  | (3)
Natuzzi Americas Inc. |  | 100.00 |  |  | 100.00 |  | USD 89 |  | High Point, N. Carolina, USA |  | (3)
Natuzzi Florida LLC |  | 51.00 |  |  | 51.00 |  | USD 4,955,186 |  | High Point, N. Carolina, USA |  | (3)
Natuzzi Iberica S.A. |  | 100.00 |  |  | 100.00 |  | EUR 386,255 |  | Madrid, Spain |  | (3)
Natuzzi Switzerland AG |  | 100.00 |  |  | 100.00 |  | CHF 2,000,000 |  | Dietikon, Switzerland |  | (3)
Natuzzi Services Limited |  | 100.00 |  |  | 100.00 |  | GBP 25,349,353 |  | London, UK |  | (3)
Natuzzi UK Retail Limited |  | 70.00 |  |  | 70.00 |  | GBP 100 |  | Cardiff, UK |  | (3)
Natuzzi Germany Gmbh |  | 100.00 |  |  | 100.00 |  | EUR 25,000 |  | Köln, Germany |  | (3)
Natuzzi Japan KK |  | 74.40 |  |  | 74.40 |  | JPY 28,000,000 |  | Tokyo, Japan |  | (3)
Natuzzi Russia OOO |  | 100.00 |  |  | 100.00 |  | RUB 8,700,000 |  | Moscow, Russia |  | (3)
Natmx S.DE.R.L.DE.C.V |  | 100.00 |  |  | 100.00 |  | MXN 68,504,040 |  | Mexico City, Mexico |  | (3)
Natuzzi France S.a.s. |  | 100.00 |  |  | 100.00 |  | EUR 70,727 |  | Paris, France |  | (3)
Natuzzi Oceania PTI Ltd |  | 74.40 |  |  | 74.40 |  | AUD 320,002 |  | Sydney, Australia |  | (3)
Natuzzi Singapore PTE. LTD. |  | 74.40 |  |  | 74.40 |  | USD 7,654,207 |  | Singapore, Republic of Singapore |  | (3)
Natuzzi Netherlands Holding |  | 100.00 |  |  | 100.00 |  | EUR 34,605,000 |  | Amsterdam, Holland |  | (4)
Natuzzi Trade Service S.r.l. |  | 100.00 |  |  | 100.00 |  | EUR 14,000,000 |  | Santeramo in Colle, Italy |  | (5)
(1) Manufacture and distribution (2) Intragroup leather dyeing and finishing (3) Services and distribution (4) Investment holding (5) Dormant
Summary of detailed information about material non-controlling interests | Summarised statement of financial position of Natuzzi Florida LLC and Non-controlling interests share in equity as at December 31, 2023 and 2022
|  | 31/12/23 |  |  | 31/12/22 |
Current assets |  |  | 9,524 |  |  |  | 11,684 |
Non-current assets |  |  | 13,589 |  |  |  | 12,337 |
Current liabilities |  |  | (10,469 | ) |  |  | (9,246 | )
Non-current liabilities |  |  | (8,797 | ) |  |  | (8,473 | )
Net assets |  |  | 3,847 |  |  |  | 6,302 |
Net assets attributable to NCI – 49% |  |  | 1,885 |  |  |  | 3,088 |
Summarised statement of profit or loss of Natuzzi Florida LLC and Non-controlling interests share of loss for the years ended December 31, 2023 and 2022.
|  | 2023 |  |  | 2022 |
Revenue |  |  | 18,643 |  |  |  | 21,481 |
Expenses |  |  | (19,540 | ) |  |  | (18,488 | )
Profit/(loss) for the year |  |  | (897 | ) |  |  | 2,993 |
Other comprehensive income/(loss) |  |  | (219 | ) |  |  | 195 |
Total comprehensive income/(loss) for the year |  |  | (1,116 | ) |  |  | 3,188 |
Profit/(loss) allocated to NCI – 49% |  |  | (440 | ) |  |  | 1,467 |
Other comprehensive income/(loss) allocated to NCI |  |  | (107 | ) |  |  | 96 |
Cash flow provided by operating activities |  |  | 2,463 |  |  |  | 1,464 |
Cash flow used in investing activities |  |  | (1,122 | ) |  |  | (599 | )
Cash flow used in financing activities (dividends to NCI for years ended December 31, 2023 and 2022, respectively 698, 589) |  |  | (2,401 | ) |  |  | (1,892 | )

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