Galapagos SRP 2021 financials
Galapagos SRP 2021
Country: BE Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
699400FG6E2AD50YHF38 Financial statements
(EUR, as reported — unscaled; 97 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | €275.6M | €239.7M |
| Cost of sales | €34.9M | €0 |
| Other income | €40.8M | €47.3M |
| Operating profit (EBIT) | -€188.3M | -€88.3M |
| Profit before tax | -€3.1M | €5.6M |
| Income tax expense | -€1.8M | €9.6M |
| Profit for the year | €74.1M | €211.7M |
| — attributable to owners | €74.1M | €211.7M |
| Total comprehensive income | €81.5M | €211.1M |
| Per share | ||
| Basic EPS | €1.12 | €3.21 |
| Diluted EPS | €1.12 | €3.21 |
| Free cash flow / share | €-5.09 | €-6.44 |
| Cash flow statement | ||
| Cash generated from operations | -€417.3M | -€463.9M |
| Net cash from operating activities | -€320.0M | -€406.0M |
| Net cash from investing activities | €220.6M | €71.2M |
| Purchase of PP&E (capex) | €16.7M | €18.7M |
| Purchase of intangibles | €65.4M | €567.0K |
| Net cash from financing activities | -€4.9M | -€5.0M |
| Lease liability payments | €4.9M | €6.8M |
| Net change in cash | -€104.4M | -€339.8M |
| Balance sheet | ||
| Total assets | €4.14B | €4.36B |
| Non-current assets | €796.3M | €495.8M |
| Intangible assets & goodwill | €70.0M | €69.6M |
| Current assets | €3.34B | €3.86B |
| Inventories | €51.2M | €74.0M |
| Trade & other receivables | €47.5M | €28.4M |
| Cash & equivalents | €64.2M | €166.8M |
| Total equity | €2.90B | €2.80B |
| Non-current liabilities | €903.7M | €1.13B |
| Lease liabilities (non-current) | €8.2M | €4.9M |
| Current liabilities | €335.1M | €428.2M |
| Lease liabilities (current) | €3.5M | €4.7M |
| Trade & other payables | €98.9M | €135.2M |
| Deferred tax liabilities | €20.7M | €23.6M |
| Derived metrics | ||
| Free cash flow | -€336.7M | -€424.7M |
| Operating margin | -68.3% | -36.8% |
| Net margin | 26.9% | 88.3% |
| Return on equity | 2.6% | 7.6% |
| Cash conversion ratio | -4.32× | -1.92× |
| Capex coverage | -19.14× | -21.70× |
| Other reported items | ||
| Adjustments For Increase Decrease In Deferred Income Other Than Contract Liabilities | -€255.5M | -€661.1M |
| Basic Earnings Loss Per Share From Continuing Operations | €-0.02 | €-0.06 |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €64.2M | €166.8M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -€8.9M | €0 |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €0 | €7.0M |
| Comprehensive Income Attributable To Owners of Parent | €81.5M | €211.1M |
| Comprehensive Income From Continuing Operations | €1.8M | -€4.6M |
| Comprehensive Income From Discontinued Operations | €79.7M | €215.6M |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €3.33B | €3.84B |
| Current Deferred Income Other Than Current Contract Liabilities | €232.5M | €256.3M |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | €335.1M | €396.2M |
| Current Tax Liabilities | €249.0K | €56.0K |
| Deferred Tax Assets | €1.5M | €1.1M |
| Diluted Earnings Loss Per Share From Continuing Operations | €-0.02 | €-0.06 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €1.8M | -€1.5M |
| Equity and Liabilities | €4.14B | €4.36B |
| Fair Value of Investments In Equity Instruments Designated As Measured At Fair Value Through Other Comprehensive Income | €52.9M | €13.6M |
| Gains Losses On Exchange Differences On Translation Net of Tax | €578.0K | €392.0K |
| General and Administrative Expense | €117.2M | €128.3M |
| Income Taxes Paid Refund Classified As Operating Activities | -€406.0K | €8.2M |
| Increase Decrease Through Exercise of Warrants Equity | — | €1.8M |
| Increase Decrease Through Sharebased Payment Transactions | €19.9M | €56.7M |
| Intangible Assets Other Than Goodwill | €164.9M | €127.9M |
| Interest Paid Classified As Operating Activities | €689.0K | €3.8M |
| Interest Received Classified As Investing Activities | €29.5M | €14.8M |
| Interest Received Classified As Operating Activities | €97.5M | €69.9M |
| Issued Capital | €293.9M | €293.9M |
| Liabilities | €1.24B | €1.56B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €0 | €32.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €11.1M | €22.1M |
| Noncurrent Deferred Income Other Than Noncurrent Contract Liabilities | €838.9M | €1.07B |
| Noncurrent Recognised Liabilities Defined Benefit Plan | €2.1M | €2.3M |
| Other Adjustments For Noncash Items | -€4.9M | €99.3M |
| Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow | -€76.2M | -€16.7M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | €36.9M | €14.0M |
| Other Comprehensive Income | €7.4M | -€645.0K |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | €2.5M | €0 |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €246.0K | -€1.0M |
| Other Current Assets | €31.0M | €15.1M |
| Other Finance Cost | €1.7M | €2.6M |
| Other Finance Income | €91.1M | €80.2M |
| Other Noncurrent Assets | €8.7M | €16.1M |
| Other Noncurrent Financial Assets | €200.2M | €0 |
| Other Noncurrent Liabilities | €33.8M | €31.6M |
| Other Reserves | -€3.2M | -€5.9M |
| Proceeds From Exercise of Warrants | €0 | €1.8M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €3.0K | €2.4M |
| Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities | €3.67B | €3.48B |
| Profit Loss From Continuing Operations | -€1.3M | -€4.0M |
| Profit Loss From Discontinued Operations | €75.4M | €215.7M |
| Purchase of Financial Instruments Classified As Investing Activities | €3.35B | €3.39B |
| Reclassification Adjustments On Exchange Differences On Translation Net of Tax | -€4.1M | €0 |
| Research and Development Expense | €335.5M | €241.3M |
| Reserve of Exchange Differences On Translation | €3.5M | -€1.2M |
| Retained Earnings | -€134.3M | -€228.3M |
| Sales and Marketing Expense | €17.2M | €5.7M |
| Share Premium | €2.74B | €2.74B |
Methodology
Every line item above is a fact tagged in Galapagos SRP 2021's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.