Line4

2 min readWarningEIOPA taxonomy 2.10.0Updated 11 November 2026

Balance sheet and 2 other templates: a value must not be less than another (S.02.01, S.06.02, S.08.01, EIOPA rule BV733)

A warning on the balance sheet (S.02.01), list of assets (S.06.02) and open derivatives (S.08.01) templates, in the quarterly solo (QRS), quarterly branch (QRB), annual solo (ARS) and annual branch (ARB) returns.

It applies to 2.8.2 returns too, the release for the 2026 returns, and Line4 Check runs it there as well.

Check your file for this ruleWhat to do if it fails

The rule in plain words

The sum of the "Index/Unit Linked Assets" from template S.06.02 - template List of assets (S.06.02) and "Index/Unit Linked Derivatives" from template Open derivatives (S.08.01) should be equal or less than the value of the item "assets held for index-linked and unit-linked contracts" reported on the template Balance sheet (S.02.01). Please note, however, that also liabilities, other than derivatives, may exist and if material could lead to the balance-sheet figure being less than the sum of S.06.02 and S.08.01

The headline gives only the template and the kind of check, because the rule is too long to say in a headline. The plain words above say all of it.

EIOPA writes it out as separate checks, one for each table or return it covers. Line4 Check runs four of them (BV733-2 to BV733-8), and a failure names the one that failed.

What to do if your return fails it

  1. 01Open the tables below and find the cells the rule reads.
  2. 02Compare the values in your return. If the first is smaller than it may be, one of them is wrong: check both before you change either.
  3. 03EIOPA allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark S.02.01, S.06.02 and S.08.01 as reported.
  5. 05This is a warning. It does not stop the return on its own, but your supervisor may ask you to explain it.

The cells it reads

Balance sheet (S.02.01.01.01)

Row

  • R0220Assets held for index-linked and unit-linked contracts

Column

  • C0010Solvency II value

Balance sheet (S.02.01.02.01)

Row

  • R0220Assets held for index-linked and unit-linked contracts

Column

  • C0010Solvency II value

Balance sheet (S.02.01.07.01)

Row

  • R0220Assets held for index-linked and unit-linked contracts

Column

  • C0010Solvency II value

Balance sheet (S.02.01.08.01)

Row

  • R0220Assets held for index-linked and unit-linked contracts

Column

  • C0010Solvency II value

List of assets: information on positions held (S.06.02.01.01)

Columns

  • C0090Asset held in unit linked and index linked contracts
  • C0170Total Solvency II amount

List of assets: information on positions held (S.06.02.07.01)

Columns

  • C0090Asset held in unit linked and index linked contracts
  • C0170Total Solvency II amount

Open derivatives: information on positions held (S.08.01.01.01)

Columns

  • C0080Derivatives held in index-linked and unit-linked contracts
  • C0240Solvency II value

Which returns it applies to

Line4 Check runs it on quarterly solo (QRS), quarterly branch (QRB), annual solo (ARS) and annual branch (ARB) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to quarterly branch (QRB), annual branch (ARB), quarterly solo (QRS) and annual solo (ARS) returns, as a warning.

EIOPA’s own words and formula

In EIOPA’s list of validations, word for word:

The sum of the "Index/Unit Linked Assets" from template S.06.02 - template S.06.02 - List of assets and "Index/Unit Linked Derivatives" from template S.08.01 - Open derivatives should be equal or less than the value of the item "assets held for index-linked and unit-linked contracts" reported on the template S.02.01 - Balance sheet. Please note, however, that also liabilities, other than derivatives, may exist and if material could lead to the balance-sheet figure being less than the sum of S.06.02 and S.08.01.
Show the formulaShow

EIOPA's formula, for BV733-6. Cells are written as {t: table, r: row, c: column}.

{t: S.02.01.02.01, r: R0220, c: C0010} >= (sum({t: S.06.02.01.01, c: C0170, z: Z0001}) + sum({t: S.08.01.01.01, c: C0240, z: Z0001}))

BV733-2:

{t: S.02.01.08.01, r: R0220, c: C0010} >= (sum({t: S.06.02.07.01, c: C0170, z: Z0001}) + sum({t: S.08.01.01.01, c: C0240, z: Z0001}))

BV733-4:

{t: S.02.01.07.01, r: R0220, c: C0010} >= (sum({t: S.06.02.07.01, c: C0170, z: Z0001}) + sum({t: S.08.01.01.01, c: C0240, z: Z0001}))

BV733-8:

{t: S.02.01.01.01, r: R0220, c: C0010} >= (sum({t: S.06.02.01.01, c: C0170, z: Z0001}) + sum({t: S.08.01.01.01, c: C0240, z: Z0001}))

Every Solvency II rule on S.02.01

Checks like this one, run at the point of submission, are the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.