Balance Sheet & Income

The balance sheet provides a precise snapshot of your company’s financial health at a given time. It details your assets (what you own) and liabilities (what you owe), giving a clear view of your net worth. Beyond its regulatory role, it's a strategic tool for management, financial communication and decision-making.

Why prepare a balance sheet?

The balance sheet is a true trust indicator for your stakeholders. Banks use it to assess your ability to repay loans and maintain liquidity.

Investors focus on equity, resource balance and long-term value creation. A well-structured balance sheet builds confidence and credibility.

Suppliers rely on it to grant favorable commercial terms and adjust payment deadlines.

Ultimately, it demonstrates your discipline and ability to manage with transparency and vision.

Together with the income statement, the balance sheet shows how resources are used to generate profit.

It highlights return on invested capital (ROI, equity, gross margin).

Sustainability is assessed via financial strength indicators (debt ratios, working capital, cash flow capacity). You can evaluate resilience and long-term potential.

For business leaders, it’s a key tool for decision-making, investment planning or adjustments.

The balance sheet is the cornerstone of any fundraising or transfer plan.

It helps value the company for investors or buyers, showcasing your business model’s strength and risk control.

In sales or mergers, it clarifies asset and debt breakdowns, liquidity and value creation potential.

A well-prepared and clear balance sheet offers strong negotiating leverage.

Running a business without a balance sheet is like flying blind!

With it, the leader anticipates cash needs, aligns investments, and tracks financial structure over time.

It helps detect imbalances, prevent difficulties, and make fact-based decisions.

It also ensures transparency with employees, partners and shareholders.

How does a balance sheet work?

1. Collection of accounting documents 📥

Gather all required items: invoices, bank statements, payslips, expense reports, depreciation tables. Ensure everything is complete and up to date.

2. Account review 🔍

The accountant checks balances consistency, reconciles banks, and verifies entries. Adjustments are made: prepaid expenses, provisions, inventory entries, etc.

3. Profit calculation & allocation 📊

After review, the net result is calculated. Based on your legal structure, the firm advises on profit distribution: reserves, dividends or retained earnings.

4. Financial statement preparation 🧾

The balance sheet, income statement, and possible legal annex are produced in line with applicable standards.

5. Presentation & filing 📁

The chartered accountant presents results to the manager or shareholders, handles any filing obligations, and produces the FEC file (mandatory for tax administration).

Our accounting services

  • Balance sheets: prepared in accordance with legal obligations
  • Income statements: accurate calculation of operating and net result
  • Cash flow: analysis of flows and financing needs
  • Accounting management: bookkeeping and supervision
  • Software selection: help choosing appropriate accounting tools
  • IFRS and US GAAP restatements: for international operations

🧠 Practical tips for a smooth closing

  • 🗂️

    Sort documents by type and date

    Group invoices, bank statements, and payslips by month and nature. This helps the accountant work faster and reduces errors.

  • 📎

    Attach proof to every entry

    Link each transaction to a supporting document (invoice, contract, note). This ensures smooth review during account closing.

  • 📤

    Send documents progressively

    Don't wait until the last minute. Forward your documents regularly — monthly if possible — to streamline the closing process.

  • 📅

    Anticipate key closing events

    Inform your accountant in advance about major events (investments, subsidies, loans, new hires...). It helps them prepare accurate year-end adjustments.