BFinance glossary

Bilan (French Balance Sheet)

Quick definition

A financial statement reflecting the economic health of a business.

Overview

The bilan is the French balance sheet: a financial statement that presents a company's financial position at a given point in time. It summarises the company's assets, liabilities and equity.

Common Use Cases

  • Assessing financial health.
  • Preparing tax returns.
  • Obtaining financing.
  • Informing investors.

Examples in Small Businesses

  • Preparing the annual balance sheet for the year-end close.
  • Analysing assets to make the best use of resources.
  • Reviewing debts to manage liabilities more effectively.
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