Galapagos NV (BVMF:G1LP34)

Galapagos NV Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	64.46	64.24	166.8	508.12	2,233	2,135
Short-Term Investments	2,986	3,053	3,518	3,586	2,470	3,026
Cash & Short-Term Investments	3,050	3,118	3,685	4,094	4,703	5,161
Cash Growth	-8.65%	-15.39%	-10.00%	-12.95%	-8.88%	-10.71%
Accounts Receivable	45.33	32.47	17.49	28.19	91.79	134.63
Other Receivables	32.34	55.62	48.16	49.15	36.82	38.77
Receivables	77.67	88.09	65.66	77.34	128.6	173.4
Inventory	22.95	51.19	73.98	52.93	20.57	0.36
Prepaid Expenses	-	0.1	0.74	0.49	0.2	0.22
Restricted Cash	-	41.16	-	-	-	-
Other Current Assets	11.29	41.33	36.72	12.03	9.31	33.91
Total Current Assets	3,162	3,339	3,862	4,237	4,862	5,369
Property, Plant & Equipment	105.62	122.9	126.32	154.25	137.51	103.38
Long-Term Investments	46.84	253.12	13.58	-	-	8.95
Goodwill	-	70.01	69.56	69.81	-	-
Other Intangible Assets	7.42	157.68	119.19	136.1	48.31	54.23
Long-Term Accounts Receivable	-	-	-	-	-	50
Long-Term Deferred Tax Assets	0.84	1.47	1.13	1.36	4.03	4.48
Long-Term Deferred Charges	-	7.18	8.72	10.26	11.8	13.33
Other Long-Term Assets	168.41	183.9	157.32	125.72	129.66	114.02
Total Assets	3,512	4,136	4,357	4,734	5,193	5,718
Accounts Payable	100.63	97.78	134.65	133.3	134.3	171.32
Accrued Expenses	-	1.09	0.55	0.65	3.11	1.07
Current Portion of Leases	1.74	3.48	4.65	7.21	7.2	6.4
Current Income Taxes Payable	0.35	0.25	0.06	1.02	1.78	1.25
Current Unearned Revenue	230.12	232.48	256.27	365.63	419.87	443.16
Other Current Liabilities	33.72	0.01	32.04	14.73	0.2	12.08
Total Current Liabilities	366.56	335.08	428.22	522.54	566.47	635.27
Long-Term Leases	5.76	8.24	4.94	14.69	19.66	23.04
Long-Term Unearned Revenue	666.31	838.88	1,071	1,624	1,945	2,366
Pension & Post-Retirement Benefits	2.11	2.1	2.29	5.54	11.7	15
Long-Term Deferred Tax Liabilities	-	20.66	23.61	20.15	-	-
Other Long-Term Liabilities	24.21	33.82	31.57	21.81	7.13	8.1
Total Liabilities	1,065	1,239	1,562	2,208	2,550	3,047
Common Stock	293.94	356.44	356.44	356.11	354.58	353.82
Additional Paid-In Capital	2,737	2,737	2,737	2,736	2,730	2,728
Retained Earnings	-577.74	-134.31	-228.27	-496.69	-367.21	-334.7
Comprehensive Income & Other	-6.23	-62.19	-69.6	-68.95	-74.41	-76.6
Shareholders' Equity	2,447	2,897	2,796	2,526	2,643	2,670
Total Liabilities & Equity	3,512	4,136	4,357	4,734	5,193	5,718
Total Debt	7.5	11.72	9.6	21.9	26.86	29.44
Net Cash (Debt)	3,043	3,106	3,675	4,072	4,676	5,132
Net Cash Growth	-8.56%	-15.48%	-9.75%	-12.92%	-8.88%	-10.83%
Net Cash Per Share	46.18	47.10	55.74	61.98	71.39	78.86
Filing Date Shares Outstanding	65.89	65.9	65.9	65.84	65.65	65.41
Total Common Shares Outstanding	65.89	65.9	65.9	65.84	65.55	65.41
Working Capital	2,795	3,004	3,433	3,714	4,295	4,734
Book Value Per Share	37.14	43.96	42.42	38.37	40.32	40.82
Tangible Book Value	2,440	2,669	2,607	2,320	2,595	2,616
Tangible Book Value Per Share	37.02	40.51	39.56	35.24	39.59	39.99
Land	-	86.01	90.71	88.72	26.13	16.74
Machinery	-	56.75	49.03	67.28	54.1	44.96

Source: S&P Global Market Intelligence. Standard template. Financial Sources.