Article 2:367 DCC: the items of financial fixed assets

The short answer

Article 2:367 DCC divides financial fixed assets into six items: participating interests in group companies, other participating interests, receivables from group companies, receivables from participating interests and participants, other securities and other receivables. Loans and advances to members or holders of registered shares are shown separately within those.

Updated 30 October 2026

Key facts

The statutory text

The following are recognised separately under financial fixed assets:

a. shares, depositary receipts for shares and other forms of participation in group companies;

b. other participating interests;

c. receivables from group companies;

d. receivables from other legal entities and companies that hold a participating interest in the legal entity or in which the legal entity holds a participating interest;

e. other securities;

f. other receivables, with separate disclosure of the receivables arising from loans and advances to members or holders of registered shares.

What this means

• a. Participating interests in group companies: the operating company of a holding, or a subsidiary under central management. An interest in a general partnership (vof) or limited partnership (cv) in which the entity is a fully liable partner also counts as a participating interest.
• b. Other participating interests: an interest by which the entity is lastingly tied to another company that does not belong to the group, for example 30% in a joint venture. An interest of one fifth or more is presumed to be a participating interest (art. 2:24c DCC).
• c. Receivables from group companies: a long-term loan to the operating company or to a sister company in the same group.
• d. Receivables from participating interests and participants: loans to a joint venture under b, or to a shareholder that itself holds a participating interest in the entity and is not a group company.
• e. Other securities: shares and bonds that you hold long term without it being a participating interest.
• f. Other receivables: other long-term loans, with loans and advances to registered shareholders and to members shown separately. The latter gives the reader insight into money that has gone to the owners.

The Decree on annual accounts formats (Besluit modellen jaarrekening) puts the items in a slightly different order. RJ 214.701 adds, after the group companies, a line for the other affiliated companies from art. 2:361(4) DCC, so that receivables from a sister company outside the group do not disappear under other receivables (RJ 214.820 and 214.821).

Whether a receivable is fixed or current is decided by its term and the intention (art. 2:364 DCC). If part becomes repayable within twelve months, you disclose that or show that part under current assets (RJ 190.207). How you measure participating interests is set out in art. 2:389 DCC; which details you give about each interest, in art. 2:379 DCC.

Case: the holding company with a loan to the director

Ruysdal Holding BV (fictitious) holds 100% of Ruysdal Bouw BV and 35% of a contractors' consortium, Combinatie Noordas BV. It lent € 250.000 to Ruysdal Bouw for a new crane (repayment from 2028), € 80.000 to the consortium (repayment in 2029) and € 60.000 to its sole shareholder and director for a renovation, to be repaid in ten years with 4% interest. In addition it holds € 45.000 in bonds that it keeps until redemption.

The loan to the shareholder stands out: the holding shows it separately under the other receivables. Because the shareholder is also a director, Ruysdal additionally states in the notes the outstanding amount, the interest, the main terms and the repayments (art. 2:383(2) DCC). If € 6.000 of the loan to the director is repaid in 2026, Ruysdal can show that amount under current assets or mention it in the notes.

If Ruysdal Holding is small, it may show the six items together as one item of financial fixed assets of € 1.670.000 (art. 2:396(3) DCC); the details about the loan to the director remain mandatory in the notes, because small is exempt only from art. 2:383(1) (art. 2:396(5) DCC). As micro, the amount sits in total fixed assets and the notes fall away.

By size class

Common mistakes

• Letting a loan to the director-shareholder disappear into other receivables without separate disclosure.
• Showing a current account with the operating company as a financial fixed asset when it moves up and down daily. That is a current receivable from a group company.
• Booking a 30% interest in a joint venture as other securities. With a lasting tie it is a participating interest.
• Not disclosing the part of a loan that is repaid next year.

Sources

• Art. 2:367 DCC, text in force from 1 July 2026 (wetten.overheid.nl)
• Overview of amendments to art. 2:367 DCC (wetten.overheid.nl)
• Art. 2:24c DCC: participating interest (wetten.overheid.nl)
• Art. 2:361 DCC: other affiliated companies (wetten.overheid.nl)
• Dutch Accounting Standards Board (RJ): large bundle

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