Galapagos NV Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Cash & Equivalents	87.87	64.24	166.8	1,151	973.24
Short-Term Investments	2,910	3,053	3,518	-	-
Cash & Short-Term Investments	2,998	3,118	3,685	1,151	973.24
Cash Growth	-3.83%	-15.39%	220.05%	18.29%	-
Accounts Receivable	20.71	47.48	28.45	27.97	9.73
Inventory	22.49	51.19	73.98	0.28	0.3
Other Current Assets	38.21	123.21	74.66	18.19	23.96
Total Current Assets	6,159	6,668	7,701	1,198	1,007
Net Property, Plant & Equipment	80.66	122.9	126.32	16.69	14.96
Other Intangible Assets	0.85	164.86	127.91	2.5	1.02
Goodwill	-	70.01	69.56	-	-
Long-Term Investments	67.98	253.12	13.58	-	-
Other Long-Term Assets	177.57	185.38	158.45	69.44	60.12
Total Assets	3,407	4,136	4,357	1,286	1,083
Accounts Payable	104.65	98.88	135.2	47.12	31.27
Accrued Expenses	-	-	-	1.16	0.62
Current Portion of Leases	1.73	3.48	4.65	0.01	0.05
Unearned Revenue	0.03	232.48	256.27	122.54	70.83
Other Current Liabilities	46.46	0.25	32.1	0.93	1.09
Total Current Liabilities	152.86	335.08	428.22	171.7	103.79
Long-Term Leases	5.19	8.24	4.94	-	0.01
Other Long-Term Liabilities	12.6	895.46	1,129	102.53	220.77
Total Long-Term Liabilities	17.79	903.7	1,134	102.59	220.85
Total Liabilities	170.65	1,239	1,562	274.29	324.64
Common Stock	293.94	293.94	293.94	233.41	223.93
Additional Paid-in Capital	2,737	2,737	-	993.03	649.14
Accumulated Other Comprehensive Income	3	3.47	-1.2	-1.75	-1.09
Retained Earnings	201.94	-137.46	-5.89	-212.7	-113.27
Shareholders' Equity	3,236	2,897	2,796	1,012	758.7
Total Liabilities & Equity	3,407	4,136	4,357	1,286	1,083
Total Debt	6.92	11.72	9.6	0.01	0.06
Net Cash (Debt)	2,991	3,106	3,675	1,151	973.18
Net Cash Growth	-3.69%	-15.48%	219.22%	18.29%	-
Net Cash Per Share	45.39	47.13	55.78	23.27	20.57
Book Value	3,236	2,897	2,796	1,012	758.7
Book Value Per Share	49.10	43.96	42.43	20.45	16.04
Tangible Book Value	3,235	2,662	2,598	1,009	757.68
Tangible Book Value Per Share	49.09	40.40	39.43	20.40	16.02

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q