Company: GLPG
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001558370-25-003806
Chunk: 468

Company: GALAPAGOS NV
Filing Date: 2025-03-27
Form: 20-F
Item: Item 19
Chunk 468
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 cash equivalents included $40.3 million held in U.S. dollars, which could generate a foreign currency exchange gain or loss in our financial results in accordance with the fluctuation of the EUR/U.S. dollar exchange rate as our functional currency is EUR. We refer to note 10 for more details about the currency exchange gains/losses recognized in our consolidated income statement.

23. Share capital and other reserves​

                   ​                      ​   ​       ​       ​    ​       ​       ​    ​       ​    
-----------------------------------------------------------------------------------------------------
​                                         2024                2023                 2022              
​                                         ​   (Euro, in thousands)                                   
On January 1                              ​   €     293,937   ​    €     293,604   ​    €     292,075
Share capital increase                    ​   ​           —   ​    ​         333   ​    ​       1,530
Share capital on December 31,             ​   €     293,937   ​    €     293,937   ​    €     293,604
​                                         ​   ​           ​   ​    ​           ​   ​    ​           ​
Aggregate share capital                   ​   €     356,445   ​    €     356,445   ​    €     356,112
Costs of capital increase (accumulated)   ​   ​    (62,507)   ​    ​    (62,507)   ​    ​    (62,507)
Share capital on December 31,             ​   €     293,937   ​    €     293,937   ​    €     293,604
​
​

F-48

HISTORY OF SHARE CAPITAL
The history of the share capital of Galapagos NV between January 1, 2022 and December 31, 2024 is as follows:​

        ​            ​   ​   ​   ​   ​   ​   ​         ​                ​          ​   ​         ​         ​   ​         ​         ​      ​          ​    
----------------------------------------------------------------------------------------------------------------------------------------------------------
Date                     ​           ​           Share capital                         ​   Number of           ​   Aggregate           Aggregate          
                                                 increase due to                           shares issued           number of           share capital      
                                                 exercise subscription rights              (in thousands           shares after        after              
                                                 (in thousands €)                          of shares)              transaction         transaction        
                                                                                                                   (in thousands       (in thousands