Ertragsvorschau 2025

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The profit loss statement (in german called Einnahme-berschuss-Rechnung, in short ER) is a summary of your annual income and expenses. In general, if your income is higher than your expenses the ER will show a profit and vice versa it will reveal a loss.
The profit and loss account forms part of a business financial statements and shows whether it has made or lost money. It summarises the trading results of a business over a period of time (typically one year) showing both the revenue and expenses.
The trading account records the opening stock, purchases, and direct expenses on the debit side, while the sales and closing stock appear on the credit side. The profit and loss account lists indirect expenses such as salaries, rent, and interest on the debit side and non-operating income on the credit side.
The (expected) profit and loss statement (Ertragsvorschau) is required when you apply for the German freelance visa. This document shows your expected income and expenses.
What is a profit and loss account? A profit and loss account shows a companys revenue and expenses over a particular period of time, typically either one month or consolidated months over a year. These figures show whether your business has made a profit or a loss over that time period.
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Profit Loss Account reflects the income and expenses of the business. It is a financial statement reflecting the outcome of business activities of an organisation during an accounting period.

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