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Annual Report

2019

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2020

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2020

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2020

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Annual Report 2020

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  • The Galapagos group
    • Letter from the management
    • COVID-19 impact
    • At a glance
    • Strategy
    • Going concern statement
    • Risk management and internal control
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      • Filgotinib in RA
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      • Inlicensing to further strengthen the inflammation franchise
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      • About IPF
      • Our IPF trials
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    • Other pipeline
  • Risk factors
    • Commercialization
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    • Financial position and need for additional capital
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  • Corporate governance
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    • Remuneration report
      • Introduction
        • Remuneration policy
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        • Compensation structure
        • Cash remuneration
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        • Compensation structure
        • Criteria and methods to evaluate performance
        • Total remuneration
      • Equity components of the remuneration
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        • RSUs awarded to management board
      • 5-year evolution
      • Pay-ratio
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      • Provisions for severance
        • Provisions for severance
        • Severance payments
      • Claw-back right
      • Deviations from the remuneration policy
    • Conflict of interests and related parties
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    • Statement by the supervisory board
  • Financial statements
    • Consolidated financial statements
      • Statements of income and comprehensive income/loss (-)
      • Statements of financial position
      • Cash flow statements
      • Statements of changes in equity
    • Notes to the consolidated financial statements
      • Notes 1-10
        • 1. General information
        • 2. Summary of significant transaction
        • 3. Significant accounting policies
        • 4. Critical accounting judgments and key sources of estimation uncertainty
        • 5. Segment information
        • 6. Total revenues and other income
        • 7. Operating costs
        • 8. Staff costs
        • 9. Fair value re-measurement of share subscription agreement and warrants granted to Gilead
        • 10. Other financial income/expenses
      • Notes 11-20
        • 11. Income taxes
        • 12. Income/loss (-) per share
        • 13. Intangible assets
        • 14. Property, plant and equipment
        • 15. Other non-current assets
        • 16. Research and development incentives receivables
        • 17. Trade and other receivables and other current assets
        • 18. Current financial investments
        • 19. Cash and cash equivalents
        • 20. Share capital
      • Notes 21-30
        • 21. Deferred tax
        • 22. Lease liabilities
        • 23. Trade and other liabilities
        • 24. Deferred income
        • 25. Discontinued operations
        • 26. Note to the cash flow statement
        • 27. Off-balance sheet arrangements
        • 28. Contingent assets and liabilities
        • 29. Share based payments
        • 30. Related parties
      • Notes 31-34
        • 31. Consolidated companies as of 31 December 2020
        • 32. Financial risk management
        • 33. Statutory auditor’s remuneration
        • 34. Events after balance sheet date
    • Non-consolidated financial statements
  • Auditor's report
    • Report of the statutory auditor
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Financial statements

  • Consolidated financial statements
    • Statements of income and comprehensive income/loss (-)
    • Statements of financial position
    • Cash flow statements
    • Statements of changes in equity
  • Notes to the consolidated financial statements
    • Notes 1-10
      • 1. General information
      • 2. Summary of significant transaction
      • 3. Significant accounting policies
      • 4. Critical accounting judgments and key sources of estimation uncertainty
      • 5. Segment information
      • 6. Total revenues and other income
      • 7. Operating costs
      • 8. Staff costs
      • 9. Fair value re-measurement of share subscription agreement and warrants granted to Gilead
      • 10. Other financial income/expenses
    • Notes 11-20
      • 11. Income taxes
      • 12. Income/loss (-) per share
      • 13. Intangible assets
      • 14. Property, plant and equipment
      • 15. Other non-current assets
      • 16. Research and development incentives receivables
      • 17. Trade and other receivables and other current assets
      • 18. Current financial investments
      • 19. Cash and cash equivalents
      • 20. Share capital
    • Notes 21-30
      • 21. Deferred tax
      • 22. Lease liabilities
      • 23. Trade and other liabilities
      • 24. Deferred income
      • 25. Discontinued operations
      • 26. Note to the cash flow statement
      • 27. Off-balance sheet arrangements
      • 28. Contingent assets and liabilities
      • 29. Share based payments
      • 30. Related parties
    • Notes 31-34
      • 31. Consolidated companies as of 31 December 2020
      • 32. Financial risk management
      • 33. Statutory auditor’s remuneration
      • 34. Events after balance sheet date
  • Non-consolidated financial statements

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  • Financial statementsNotes to the consolidated financial statements
  • Notes 21-30

Notes 21-30

Notes to the consolidated financial statements
 CSR report
Galapagos NV • Annual Report 2020
  • 21. Deferred tax
  • 22. Lease liabilities
  • 23. Trade and other liabilities
  • 24. Deferred income
  • 25. Discontinued operations
  • 26. Note to the cash flow statement
  • 27. Off-balance sheet arrangements
  • 28. Contingent assets and liabilities
  • 29. Share based payments
  • 30. Related parties
  • Downloads
  • Financial calendar
  • Glossary of terms
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Magazine Looking ahead

Three inspiring inside stories that define the next chapter of Galapagos.

A landmark year for our commercial colleagues Improved opportunities in a larger haystack Embarking an era of patient partnership

Galapagos Annual Report 2020 (PDF)

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