Article 2:368 DCC: the movement schedule of fixed assets
Article 2:368 of the Dutch Civil Code (DCC) requires, for each fixed asset item, a schedule running from the opening balance to the closing balance. Who must prepare it and who publishes it differs greatly by size class.
The short answer
Article 2:368 DCC requires, for each fixed asset item, a reconciling movement schedule: opening carrying amount, investments and disposals, revaluations, depreciation and impairments, closing carrying amount. In addition you state, per item, the cumulative revaluations and depreciation. Medium-sized and large entities prepare the schedule; small gives only the sum of revaluations; micro nothing.
Updated 30 October 2026
Key facts
| Location | Division 3, § 2 (Assets) |
| Current text since | 1 January 1984 (Stb. 1983, 663); the text dates from the introduction of Title 9 |
| Financial years | The schedule requires the same in 2025, 2026 and 2027 |
| Further rules | RJ 210.501, RJ 212.702 and RJ 214.802–214.807; for small RJk B2.131 (sum of revaluations) |
Paragraph 1: the reconciling schedule
1. The movement of each of the items belonging to fixed assets during the financial year is presented in a reconciling schedule. This shows:
a. the carrying amount at the start of the financial year;
b. the sum of the values at which the assets acquired during the financial year were recognised, and the sum of the carrying amounts of the assets that the legal entity no longer has at its disposal at the end of the financial year;
c. the revaluations for the financial year in accordance with article 390(1);
d. the depreciation, the impairments and the reversal thereof for the financial year;
e. the carrying amount at the end of the financial year.
What this means
Reconciling means: opening balance plus all movements is exactly the closing balance on the balance sheet. The schedule is per item, so for a medium-sized entity separately for business buildings, machinery, other business assets and so on. It shows where the money in fixed assets went: what was added, what was sold or written off and how much was depreciated.
The RJ asks for more detail than the law. For tangible fixed assets, RJ 212.702 requires, among other things, the cost and the cumulative depreciation at the start and the end, and separately acquisitions through takeovers, impairments and reversals, and exchange differences. For participating interests, the share in the result and the dividends received must be separately visible from the schedule (RJ 214.804).
Paragraph 2: cumulative revaluations and depreciation
2. In addition, for each of the items belonging to fixed assets the following are stated:
a. the sum of the revaluations relating to the assets present at the balance sheet date;
b. the sum of the depreciation and impairments at the balance sheet date.
What this means
Besides the movement over the year, the reader wants to know how the carrying amount was built up: how much has been depreciated in total on what is still present, and how much revaluation it contains. With those two amounts he can work back to the original cost. If you measure everything at cost, the sum of revaluations is zero and you state only the cumulative depreciation.
Part a applies to every class except micro. A small entity that measures a building at current value therefore also states the sum of revaluations (art. 2:396(3) DCC; RJk B2.131(e)). In the published version, medium-sized may confine itself to that one item (art. 2:397(5) DCC).
Case: the movement schedule of the machinery
Dorstveld Kunststoffen BV (fictitious, medium-sized) measures its machinery at cost. Start of 2025: cost € 3.200.000 and cumulative depreciation € 1.450.000. In 2025 it buys an injection moulding machine for € 480.000, sells an old press (cost € 300.000, already € 270.000 depreciated) and depreciates € 410.000. On a second press that stands idle, it books an impairment of € 60.000.
| Machinery and installations | Cost | Cumulative depreciation | Carrying amount |
|---|---|---|---|
| Position 1 January 2025 | € 3.200.000 | € 1.450.000 | € 1.750.000 |
| Investments | + € 480.000 | – | + € 480.000 |
| Disposal of old press | − € 300.000 | − € 270.000 | − € 30.000 |
| Depreciation 2025 | – | + € 410.000 | − € 410.000 |
| Impairment | – | + € 60.000 | − € 60.000 |
| Position 31 December 2025 | € 3.380.000 | € 1.650.000 | € 1.730.000 |
Check: € 1.750.000 + € 480.000 − € 30.000 − € 410.000 − € 60.000 = € 1.730.000, and € 3.380.000 − € 1.650.000 = € 1.730.000. The carrying amount of € 30.000 that disappears with the old press falls under b; what Dorstveld received on the sale goes to the profit and loss account. It also explains the impairment (art. 2:387(4) DCC). The sum of the depreciation and impairments at the balance sheet date is € 1.650.000 (paragraph 2(b)); the sum of revaluations is zero.
As a small entity, Dorstveld would not have had to prepare a movement schedule; it would have stated, among other things, the accounting policies, the depreciation method and the impairment (RJk B2.131 and B2.133). As a medium-sized entity it prepares the schedule in the prepared annual accounts and may omit it on filing.
By size class
| Class | In the prepared annual accounts | In the published version |
|---|---|---|
| Micro | No schedule and no disclosures (art. 2:395a(4) DCC) | Nothing |
| Small | Only the sum of revaluations (paragraph 2(a)); no movement schedule (art. 2:396(3) DCC) | Same |
| Medium-sized | Full schedule per item and both disclosures of paragraph 2, with the extra rules of RJ 212.702 and 214.804 | Only the sum of revaluations (art. 2:397(5) DCC) |
| Large | As medium-sized | Full |
A small entity may of course include the schedule voluntarily; RJk B2.132 suggests mentioning the main other movements. That helps a bank that wants to follow the investments.
Common mistakes
- A schedule that does not reconcile to the balance sheet, for example because a correction was processed in the balance sheet and not in the schedule.
- Showing the selling price of a sold asset as the disposal instead of the carrying amount.
- Letting an impairment disappear into ordinary depreciation, while the law requires them separately.
- Showing only the carrying amounts, without cumulative depreciation (paragraph 2(b)).
- Combining the share in the result and the dividend into one line for participating interests.
How it works in Jaarrekening.io
For a medium-sized or large entity with fixed assets, Jaarrekening.io asks for the movement schedule; you fill it in or import it from Excel or CSV. The app checks whether it reconciles to the balance sheet per item, per group and in total. When you release the publication version, the app checks what the class requires there: for large the schedule, and for small, medium-sized and large the sum of revaluations; a medium-sized entity may omit the schedule.
Sources
Frequently asked questions
What is a movement schedule of fixed assets?
A schedule per item that runs from the carrying amount at the start of the financial year, through investments, disposals, revaluations, depreciation and impairments, to the carrying amount at the end (art. 2:368(1) DCC). It must reconcile: the closing balance equals the balance sheet.
Must a small BV include a movement schedule of fixed assets?
No. Of art. 2:368 DCC, a small entity gives only the sum of revaluations on the assets present at the balance sheet date (art. 2:396(3) DCC). If it measures at cost, that is zero. Including it voluntarily is allowed.
Must a medium-sized BV file the movement schedule?
No. In the published balance sheet with notes, a medium-sized entity needs to state only the sum of revaluations from art. 2:368 DCC (art. 2:397(5) DCC). In the prepared annual accounts, which the general meeting adopts, the full schedule does belong.
Which value appears for a disposal in the schedule?
The carrying amount of the asset at the moment it leaves the business (art. 2:368(1)(b) DCC). The difference from the sale proceeds is a gain or loss on disposal in the profit and loss account.
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