Galapagos NV (GLPG)

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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	108.07	64.24	166.8	508.12	2,233	2,135
Short-Term Investments	3,189	3,053	3,518	3,586	2,470	3,026
Cash & Short-Term Investments	3,297	3,118	3,685	4,094	4,703	5,161
Cash Growth	-7.32%	-15.39%	-10.00%	-12.95%	-8.88%	-10.71%
Accounts Receivable	51.15	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	83.49	88.09	65.66	77.34	128.6	173.4
Inventory	38.52	51.19	73.98	52.93	20.57	0.36
Prepaid Expenses	-	0.1	0.74	0.49	0.2	0.22
Restricted Cash	21.73	41.16	-	-	-	-
Other Current Assets	31.32	41.33	36.72	12.03	9.31	33.91
Total Current Assets	3,472	3,339	3,862	4,237	4,862	5,369
Property, Plant & Equipment	113.23	122.9	126.32	154.25	137.51	103.38
Long-Term Investments	50.86	253.12	13.58	-	-	8.95
Goodwill	69.71	70.01	69.56	69.81	-	-
Other Intangible Assets	156.25	157.68	119.19	136.1	48.31	54.23
Long-Term Accounts Receivable	-	-	-	-	-	50
Long-Term Deferred Tax Assets	1.47	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	158.08	183.9	157.32	125.72	129.66	114.02
Total Assets	4,022	4,136	4,357	4,734	5,193	5,718
Accounts Payable	168.94	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	3.07	3.48	4.65	7.21	7.2	6.4
Current Income Taxes Payable	0.2	0.25	0.06	1.02	1.78	1.25
Current Unearned Revenue	230.63	232.48	256.27	365.63	419.87	443.16
Other Current Liabilities	34.2	0.01	32.04	14.73	0.2	12.08
Total Current Liabilities	437.04	335.08	428.22	522.54	566.47	635.27
Long-Term Leases	7.79	8.24	4.94	14.69	19.66	23.04
Long-Term Unearned Revenue	781.35	838.88	1,071	1,624	1,945	2,366
Long-Term Deferred Tax Liabilities	18.72	20.66	23.61	20.15	-	-
Other Long-Term Liabilities	27.07	33.82	31.57	21.81	7.13	8.1
Total Liabilities	1,274	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	-280.81	-134.31	-228.27	-496.69	-367.21	-334.7
Comprehensive Income & Other	-2.22	-62.19	-69.6	-68.95	-74.41	-76.6
Shareholders' Equity	2,748	2,897	2,796	2,526	2,643	2,670
Total Liabilities & Equity	4,022	4,136	4,357	4,734	5,193	5,718
Total Debt	10.86	11.72	9.6	21.9	26.86	29.44
Net Cash (Debt)	3,286	3,106	3,675	4,072	4,676	5,132
Net Cash Growth	-7.42%	-15.48%	-9.75%	-12.92%	-8.88%	-10.83%
Net Cash Per Share	49.88	47.10	55.74	61.98	71.39	78.86
Filing Date Shares Outstanding	65.84	65.9	65.9	65.84	65.65	65.41
Total Common Shares Outstanding	65.84	65.9	65.9	65.84	65.55	65.41
Working Capital	3,035	3,004	3,433	3,714	4,295	4,734
Book Value Per Share	41.74	43.96	42.42	38.37	40.32	40.82
Tangible Book Value	2,522	2,669	2,607	2,320	2,595	2,616
Tangible Book Value Per Share	38.30	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

Updated Mar 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q