May 2025
Victor ANTIN, Nadège JULLIAN, and Matthieu LEDUC decrypt the new definition of exceptional income and its impact on companies with dismembered securities, following the adoption by the Collège de l’Autorité des normes comptables (ANC) of regulation 2022-06 aimed at modernizing financial statements.
The accounting definition of exceptional income has been thoroughly revised. This definition, now codified in the new article 513-5 of the French General Chart of Accounts (PCG), indicates that exceptional income and expenses now correspond to income and expenses linked to a major and unusual event for the company. Through this reform, its authors sought to move towards a conceptual definition of exceptional items and to enhance the value of corporate judgment, while standardizing accounting practices. This text is mandatory for financial years beginning on or after January 1, 2025.
The new rule, in that it breaks with previous practice, but also with regard to its subjectivity, raises questions about its consequences in asset companies where ownership of the securities making up the share capital is split.
This article is only available in French.
Althémis Excen Aix en Provence
Matthieu LEDUC is a Civil Law notary in Aix en Provence.
In his professional career, he quickly specialised in supporting company directors. For this, he joined the specialized department for business and tax and later the professional estate planning department of the Althémis Group. His dual expertise is his passion and allows him to develop an advisory dimension in the context of his work.
Althémis Lyon
Victor ANTIN is a partner Civil Law notary at Lyon.
He has gained his experience within the Althémis Group. He advices company directors offering them a global vision for the transmission of their private and professional assets.
He graduated from the DJCE (specialised business law program) in Lyon.
Stéphanie BOHUON
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