What is the difference between a company's assets and liabilities?

Document presenting the company's assets at a given time (e.g. at the end of its accounting year). It lists what the company owns (assets) and what it owes (liabilities).

Comprises all goods that serve the company’s business in a sustainable manner. It's all the elements of the company's long-term heritage: building, land, building, patent, goodwill, etc.

Consists of the company’s short-term assets. It's inventory, receivables, bank account balance.

Funds owned by the company and paid by the partners. They are made up of the share capital (amounts invested at the time of the creation of the company by the partners), the reserve (profits that have not been distributed) or the net profit of the company (what the company has gained and lost during a financial year).