Company: GLPG
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001558370-25-003806
Chunk: 420

Company: GALAPAGOS NV
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 420
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 disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
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/s/ Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises BV/SRL
Zaventem, Belgium
March 23, 2023 (March 28, 2024 as to the effects of the discontinued operations described in Note 5)
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We began serving as the Company’s auditor in 2000. In 2023 we became the predecessor auditor.
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F-5

Consolidated Statements of Financial Position

                                            ​                                               ​    ​         ​        ​      ​         ​       ​     ​  
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​                                                                                           ​   December 31,                                 ​   ​    
​                                                                                           2024                   2023                          Notes
​                                                                                           ​   (Euro, in thousands)                         ​   ​    
Assets                                                                                      ​   ​              ​   ​      ​              ​   ​   ​    
Goodwill                                                                                    ​   €         70,010   ​      €         69,557   ​   13   
Intangible assets other than goodwill                                                       ​   ​        164,862   ​      ​        127,906   ​   14   
Property, plant and equipment                                                               ​   ​        122,898   ​      ​        126,321   ​   15   
Deferred tax assets                                                                         ​   ​          1,474   ​      ​          1,126   ​   24   
Non-current R&amp;D incentives receivables                                                  ​   ​        132,729   ​      ​        141,252   ​   18   
Non-current contingent consideration receivable                                             ​   ​         42,465   ​      ​              —   ​   5    
Equity investments                                                                          ​   ​         52,941   ​      ​         13,575   ​   16   
Other non-current assets                                                                    ​   ​          8,708   ​      ​         16,070   ​   17   
Non-current financial investments                                                           ​   ​        200,182   ​      ​              —   ​   21   
Non-current assets                                                                          ​   ​        796,269   ​      ​        495,807