The financial plan: an obligation, but above all a tool
Mandatory when incorporating an SRL/BV, the financial plan is also your company’s first dashboard.
Since the Companies and Associations Code came into force, the SRL/BV no longer has a minimum capital. In return, the founders must show that the company has sufficient resources: that is the role of the financial plan.
What it must contain
A description of the activity, an overview of the sources of funding, an opening balance sheet, projected income statements for two years and the assumptions behind them.
Why it deserves care
If the company goes bankrupt within three years, the court may examine the plan. If it was manifestly inadequate, the founders can be held liable.
How to use it afterwards
Compare your actual figures with the forecasts every quarter. A variance is not a fault; it is information. It tells you whether to review your prices, your costs or your funding.
Our advice
Build three scenarios: cautious, realistic, ambitious. If the business holds up in the cautious scenario, you can sign the deed with peace of mind.