French Cerfa 2050 Balance Sheet Assets — Tax Return

Form 2050-SD is the assets schedule of the French liasse fiscale under the régime réel normal (standard full accounting regime). It lists every asset a company holds at year-end — non-current assets (intangible, tangible, and financial) and current assets (inventories, receivables, cash) — across three columns: gross cost, cumulative depreciation and impairment, and net book value. It is mandatory for entities subject to corporate income tax (IS) or trader income tax (BIC) under the normal accounting regime.

No. Form 2050 is one schedule within the liasse fiscale, a coordinated package of forms numbered 2050 to 2059 that must accompany the main profit declaration — form 2065 for IS (corporate tax) filers, or form 2031 for BIC income-tax filers. The entire package is transmitted electronically via the DGFiP's EDI system. Paper filing is no longer permitted for entities that have exceeded the turnover thresholds requiring electronic submission.

Gross value (valeur brute) is the original cost at which an asset was acquired or produced. Net book value (valeur nette) is what remains after deducting cumulative depreciation and impairment (amortissements et dépréciations cumulés). Form 2050 presents both figures alongside the total depreciation and impairment column, giving readers — including the DGFiP — a clear picture of both the historical cost base and the remaining economic value of the company's assets.

Yes — this is a fundamental double-entry accounting requirement. The net total assets on form 2050 must always equal the combined liabilities and equity total on form 2051 (bilan passif). An imbalance of any amount indicates a data-entry or bookkeeping error that must be traced and corrected before electronic transmission. The DGFiP's EDI system will typically reject or flag a liasse fiscale where the two schedules do not balance.

Any company or individual trader taxed under the régime réel normal — whether for IS (corporate income tax) or BIC (trader income tax) — must complete and file form 2050. This covers most limited-liability companies (SARL, SAS, SA) and individual traders whose turnover exceeds the simplified-regime thresholds. Entities below those thresholds operating under the régime simplifié d'imposition (RSI) file a condensed balance sheet instead and are not required to use the 2050-SD format.

For IS (corporate tax) filers, the liasse fiscale must generally be submitted within three months of the financial year-end, or by 15 May for companies with a 31 December year-end. BIC income-tax filers follow the personal income tax declaration calendar. Late or missing submission attracts penalties under the Code général des impôts. Always verify the exact deadline applicable to your entity's accounting period on the impots.gouv.fr website, as dates can shift by decree.