23. Trade and other liabilities

Notes to the consolidated financial statements

 

31 December

(thousands of €)

2019

2018

Trade and other liabilities

142,510

68,038

Other non-current liabilities

6,989

1,578

Accrued charges

923

890

Total trade and other liabilities

150,422

70,506

The increase in trade and other liabilities is mainly due to higher accrued trade liabilities on 31 December 2019, reflecting the intensification of our investments in our R&D programs, and increased cost sharing with our partner Gilead. The increase in other non-current liabilities is mainly due to a higher bonus provision caused by the increase in the Galapagos share price and RSU’s granted during 2019.