{"id":529,"date":"2026-10-16T11:06:51","date_gmt":"2026-10-16T11:06:51","guid":{"rendered":"https:\/\/www.lacompta.org\/?page_id=529"},"modified":"2026-10-16T17:22:10","modified_gmt":"2026-10-16T15:22:10","slug":"lc-0735d538cd418d81dc0e","status":"publish","type":"page","link":"https:\/\/www.lacompta.org\/vocabulaire\/vocabulaire-comptabilite-f\/flux-d-exploitation.php","title":{"rendered":"Flux d\u2019exploitation : passage de l\u2019activit\u00e9 \u00e0 la tr\u00e9sorerie"},"content":{"rendered":"<div class=\"lc-lexicon-page\">\n<h1>Flux d\u2019exploitation : passage de l\u2019activit\u00e9 \u00e0 la tr\u00e9sorerie<\/h1>\n<p><strong>Les flux d\u2019exploitation retracent les encaissements et les d\u00e9caissements li\u00e9s au p\u00e9rim\u00e8tre d\u2019activit\u00e9 retenu.<\/strong> Leur pr\u00e9sentation doit pr\u00e9ciser la m\u00e9thode et le r\u00e9f\u00e9rentiel, car les classements peuvent diff\u00e9rer.<\/p>\n<p>Une m\u00e9thode directe rapproche les principales cat\u00e9gories d\u2019entr\u00e9es et de sorties. Une m\u00e9thode indirecte part d\u2019un <a href=\"\/vocabulaire\/resultat.php\">r\u00e9sultat<\/a> ou d\u2019un indicateur retrait\u00e9, puis tient compte notamment des \u00e9l\u00e9ments sans mouvement mon\u00e9taire et de la variation du <a href=\"\/outils\/bfr\/\">besoin en fonds de roulement<\/a>.<\/p>\n<blockquote class=\"lc-lexicon-summary\">\n<p><strong>Rep\u00e8res sur flux d\u2019exploitation<\/strong><\/p>\n<ul>\n<li>Exploitation : Flux du p\u00e9rim\u00e8tre d\u2019activit\u00e9.<\/li>\n<li>Investissement : Acquisitions et cessions concern\u00e9es.<\/li>\n<\/ul>\n<\/blockquote>\n<div class=\"lc-lexicon-toc-container\"><nav class=\"lc-lexicon-toc\" aria-label=\"Sommaire de la page\"><details open><summary>Dans cette page<\/summary><ol><li><a href=\"#definition-et-fonctionnement\">D\u00e9finition et fonctionnement<\/a><\/li><li><a href=\"#les-reperes-a-distinguer\">Les rep\u00e8res \u00e0 distinguer<\/a><\/li><li><a href=\"#exemple-pratique\">Exemple pratique<\/a><\/li><li><a href=\"#points-de-controle\">Points de contr\u00f4le<\/a><\/li><li><a href=\"#mini-faq\">Mini FAQ<\/a><\/li><\/ol><\/details><\/nav><\/div>\n<h2 id=\"definition-et-fonctionnement\">D\u00e9finition et fonctionnement<\/h2>\n<p>Les investissements et les financements sont distingu\u00e9s dans un tableau de flux. Une entr\u00e9e issue d\u2019un <a href=\"\/vocabulaire\/vocabulaire-comptabilite-e\/emprunts.php\">emprunt<\/a> ne devient pas un encaissement d\u2019exploitation. Les reclassements d\u2019<a href=\"\/vocabulaire\/vocabulaire-comptabilite-i\/interet.php\">int\u00e9r\u00eats<\/a> ou de taxes doivent \u00eatre coh\u00e9rents avec le mod\u00e8le utilis\u00e9.<\/p>\n<p>L\u2019analyse financi\u00e8re distingue r\u00e9sultat, <a href=\"\/vocabulaire\/capacite-d-autofinancement.php\">capacit\u00e9 d\u2019autofinancement<\/a>, besoin en fonds de roulement et tr\u00e9sorerie. Les tableaux de <a href=\"\/vocabulaire\/vocabulaire-comptabilite-t\/tableau-de-financement.php\">financement<\/a> ou de flux expliquent les passages entre ces niveaux selon leur m\u00e9thode. Les investissements, apports et remboursements doivent rester s\u00e9par\u00e9s des op\u00e9rations d\u2019exploitation.<\/p>\n<hr>\n<h2 id=\"les-reperes-a-distinguer\">Les rep\u00e8res \u00e0 distinguer<\/h2>\n<div class=\"lc-lexicon-table\">\n<table>\n<caption>Les rep\u00e8res \u00e0 distinguer<\/caption>\n<thead>\n<tr>\n<th scope=\"col\">Rep\u00e8re<\/th>\n<th scope=\"col\">Lecture comptable<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th scope=\"row\">Exploitation<\/th>\n<td>Flux du p\u00e9rim\u00e8tre d\u2019activit\u00e9<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Investissement<\/th>\n<td>Acquisitions et cessions concern\u00e9es<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Financement<\/th>\n<td>Apports, emprunts et remboursements concern\u00e9s<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2 id=\"exemple-pratique\">Exemple pratique<\/h2>\n<p>Une CAF de 20 000 euros est accompagn\u00e9e d\u2019une augmentation du BFR de 6 000 euros. Dans un sch\u00e9ma simplifi\u00e9 sans autre ajustement, le flux correspondant atteint 14 000 euros. Le d\u00e9calage s\u2019explique par des ressources engag\u00e9es dans le cycle d\u2019activit\u00e9.<\/p>\n<blockquote><p>Une hausse du r\u00e9sultat peut coexister avec une baisse du flux d\u2019exploitation lorsque les stocks et les cr\u00e9ances augmentent.<\/p><\/blockquote>\n<h2 id=\"points-de-controle\">Points de contr\u00f4le<\/h2>\n<ul>\n<li>D\u00e9finir la m\u00e9thode du tableau.<\/li>\n<li>Expliquer les variations de BFR.<\/li>\n<li>Rapprocher la variation finale de tr\u00e9sorerie.<\/li>\n<\/ul>\n<hr>\n<h2 id=\"mini-faq\">Mini FAQ<\/h2>\n<h3>Une vente factur\u00e9e est-elle toujours un encaissement d\u2019exploitation ?<\/h3>\n<p>Elle devient un encaissement lors du paiement effectif. La facturation seule alimente d\u2019abord le suivi du produit et de la <a href=\"\/vocabulaire\/creances.php\">cr\u00e9ance<\/a>.<\/p>\n<h3>Le flux d\u2019exploitation est-il la CAF ?<\/h3>\n<p>Non. Les d\u00e9lais et les variations des postes d\u2019exploitation expliquent notamment la diff\u00e9rence entre les deux indicateurs.<\/p>\n<h3>Pourquoi identifier les mouvements sans tr\u00e9sorerie ?<\/h3>\n<p>Un amortissement, une d\u00e9pr\u00e9ciation ou un reclassement peut modifier les soldes sans paiement imm\u00e9diat. Leur identification permet d\u2019expliquer le passage du r\u00e9sultat aux flux et d\u2019\u00e9viter qu\u2019une variation de bilan soit pr\u00e9sent\u00e9e automatiquement comme un encaissement.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Flux d\u2019exploitation : passage de l\u2019activit\u00e9 \u00e0 la tr\u00e9sorerie Les flux d\u2019exploitation retracent les encaissements et les d\u00e9caissements li\u00e9s au [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-529","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.lacompta.org\/index.php?rest_route=\/wp\/v2\/pages\/529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lacompta.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.lacompta.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.lacompta.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lacompta.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=529"}],"version-history":[{"count":2,"href":"https:\/\/www.lacompta.org\/index.php?rest_route=\/wp\/v2\/pages\/529\/revisions"}],"predecessor-version":[{"id":1084,"href":"https:\/\/www.lacompta.org\/index.php?rest_route=\/wp\/v2\/pages\/529\/revisions\/1084"}],"wp:attachment":[{"href":"https:\/\/www.lacompta.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}