The value on the balance sheet.
Inventory, impairment, revaluation, fair value. Documented valuations for the purposes of the statutory audit.
What the asset is worth in the accounts.
At each year-end, a company must consider the current value of its property assets: if it falls durably below the net book value, an impairment is required. In the other direction, the French Commercial Code allows a voluntary revaluation of all tangible and financial fixed assets, a recognised lever for strengthening equity, provided the value adopted is soundly established.
In both cases, the figure must be justifiable before the statutory auditor, the tax authorities or a future buyer. That is the role of an independent valuation report: the methods of the French Valuation Charter, cited comparables, written assumptions, and the signature of a valuer who answers for it.
See also: business and goodwill valuationInventory value & impairment
Valuation of assets at year-end, and documentation of impairment tests when there is an indication of a loss in value.
Voluntary revaluation
The current value of fixed assets, established and reasoned to support a balance-sheet revaluation and the strengthening of equity.
Fair value · IFRS
For property companies and groups reporting under international standards: fair-value valuations of investment property, with frequency and formats adapted to reporting.
Contributions, mergers & restructurings
The value of property assets in contributions, mergers or universal transfers of assets.
What we are really asked.
At three points: at year-end, when there is an indication of impairment (a falling market, prolonged vacancy, major works) and an impairment test is needed; when the company is considering a voluntary revaluation to reflect the real value of its assets; and on a transaction (contribution, merger, intra-group transfer) that requires a justified value at a precise date.
An option provided by Article L.123-18 of the French Commercial Code: replacing the historical value of tangible and financial fixed assets with their current value. It covers all such assets, not a single one, and the revaluation surplus strengthens equity. The counterpart: every value adopted must be demonstrable. That is where the valuation report comes in.
The statutory auditor forms an opinion freely: no report "binds" them. But their work consists precisely in assessing the company's justifications: an independent, methodical and signed report, compliant with the French Valuation Charter, is exactly the evidence they expect. Conversely, a value without documented justification is a qualification in the making.
A balance sheet to document?
Describe the assets, the year-end timetable and the accounting framework, in complete confidence. The valuer who replies is the one who will sign the report.
Request a valuation