Does CSRD apply to my company?

Ten questions, then the answer financial year by financial year: FY2024, FY2025 and FY2026, FY2027 onwards, and the separate test for non-EU parents. It applies Directive 2013/34/EU as amended by the CSRD, the stop-the-clock directive and Omnibus I, and names the article behind every line. Answer for the group if the entity is a parent that consolidates.

The entity, or the group

Entity or groupOnly used on the printout.

Established in an EU Member State?An EU subsidiary of a non-EU parent answers Yes.

Average number of employees in the financial year

Net turnover, EURConvert at the closing rate if your statements are in another currency.

Balance sheet total, EUR

Public-interest entity?Securities on an EU regulated market, a credit institution or an insurance undertaking: Directive 2013/34/EU Art 2(1).

Has the Member State used the Omnibus option to exempt wave-1 entities below the new thresholds for FY2025 and FY2026?A fact of national law. Leave as Unknown until you have read the transposing law.

Non-EU parents only

Net turnover generated in the EU, last financial year, EUR

Net turnover generated in the EU, the financial year before, EUR

Net turnover of the largest EU subsidiary or branch, EUR

Leave these at zero for an EU undertaking. The Article 40a test applies to the parent; each EU subsidiary is tested on its own figures, so run the page again for it.

The workbook: the same test, with every threshold and source in a sheet you can editCSRD Size Test, $1: the Size test sheet, a Rules sheet holding each threshold and date with the article it comes from so the test survives the next amendment, a Guide sheet and a Sources sheet. Ten entity cases were recomputed in Python and matched cell by cell before listing.

See the workbook

Method: a large undertaking exceeds two of the three Article 3(4) criteria (EUR 25m balance sheet total, EUR 50m net turnover, 250 employees). A wave-1 entity is an EU large public-interest entity with more than 500 employees, which reported FY2024. From financial years starting on or after 1 January 2027 the scope is undertakings and groups exceeding 1 000 employees and EUR 450m net turnover, and listed SMEs are out. Wave 1 is kept for three financial years from 1 January 2024, with a Member State option to exempt those below the new thresholds for FY2025 and FY2026. A non-EU parent is in scope from FY2028 if EU net turnover exceeded EUR 450m in each of the last two financial years and an EU subsidiary or branch exceeded EUR 200m. Article 3(10) makes a change of size category take effect only when a threshold is exceeded, or no longer exceeded, in two consecutive financial years. Same logic as the Bindler workbook. A working tool, not legal advice; the Member State transposing law controls, and it is due by 19 March 2027.