Have projected accounts carried out

If you are a:

• Trading company
• Non-trading private corporation
• Public institution
• National company
• Economic Interest Group

And if at the end of the company year you have reached at least one of the following two criteria:

• Number of employees equal or superior to three hundred
• Turnover equal or superior to eighteen million Euros

Then you must draw up four accounting documents other than the annual accounts.

Four accounting documents 

These are:

Two prospective documents:

• A provisional financial result,
• A provisional financing plan.

​Two retrospective documents:

• A list of realizable and available assets and the situation concerning liabilities due,
• A cash flow statement.

These documents must be drawn up between the beginning of the year and the end of the fourth month. (30^th April for a company whose accounting year coincides with the calendar year).

The provisional financial result must be reviewed and the revised document must be agreed between the beginning of the seventh month and the end of the tenth month of the year.

In the same time scale, the situations of assets and liabilities of the first half of the year must be drawn.

The prospective and retrospective documents are analysed in reports giving the evolution of the company.