Liabilities represent the financial obligations or debts owed by a company to creditors, suppliers, or other parties.
In Luxembourg, accurately managing liabilities is crucial for maintaining solvency and financial health. Companies must report liabilities in their balance sheets, and these figures are closely monitored by auditors and tax authorities. Effective liability management helps businesses secure financing, attract investors, and ensure compliance with local laws, thereby supporting long-term stability and growth in a competitive market.