You are not telling the whole story. After the Armistice was declared, France tried to put heavy conditions on Germany. Tha fact is, they "won" the peace, but were only able to do so because of their allies military might. Unfortunately, we let France cause major problems that came back to haunt us.
What story?
Of course I can't tell the whole story in this forum. Several feet of books have been written on the Versailles treaty.
Yes, Germany inflicted reparations on france in their earlier war, and France paid the reparations off early.
Germany had reparations inflicted on them after WWI, and after falling behind, the Ruhr was occupied. Then the Weimar Government came up with the money, but French and British money flooded into the Germany so, in toto, more money went into Germany than out of it.
Having money is not all it is cracked up to be. Spain was flooded with gold during the colonial period, and that destroyed Spanish industry. Money flooding France had a similar effect. German industry had plenty of customers, since France had all that surplus money.