A balance sheet is a core financial statement that presents a company’s assets, liabilities, and shareholders’ equity at a specific point in time.
In Luxembourg, balance sheets must adhere to local accounting standards and EU reporting requirements. They provide essential insights into a company’s financial health and solvency, serving as a basis for audits, tax assessments, and investment decisions. Regular preparation and transparent reporting of balance sheets are vital for maintaining investor confidence and regulatory compliance within Luxembourg’s rigorous financial framework.