Fixed assets

What the company holds to use over the long term, rather than to sell.

Fixed assets covers three families: intangible assets (software, licences, goodwill), tangible assets (land, buildings, plant, equipment) and financial assets (shares, participating interests, loans).

What puts something here rather than in current assets is intention. A building the company works from is a fixed asset; the same building held by a property trader to be resold is not. The balance sheet classifies by use, not by kind.

In Luxembourg the make-up of this line is unusual: for a large share of the register, most of it is financial — shares in other companies — rather than premises or machinery.

Where this figure comes from

Read from the “Fixed assets” line of the balance sheet filed with the Centrale des Bilans (eCDF variable 109).

Fixed assets | Overit Luxembourg