Galapagos N.V. Working Capital to Net Assets Ratio
Galapagos N.V. working capital to net assets ratio. Galapagos N.V. (GLPG) has a Working Capital to Net Assets ratio of 91.0% as of March 2026. Working capital of €2.96 Billion (current assets of €3.06 Billion minus current liabilities of €100.42 Million) is measured against net assets of €3.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GLPG intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Galapagos N.V. (2004–2025)
Working capital to net assets ratio of Galapagos N.V. from 2004 to 2025. This chart shows how Galapagos N.V.'s Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 91.0%, reflecting working capital of €2.96 Billion against net assets of €3.25 Billion EUR. See operational self-sufficiency of Galapagos N.V. to measure how many days the company can operate on defensive assets alone.
Galapagos N.V. Working Capital to Net Assets Ratio by Year (2004–2025)
Galapagos N.V. working capital to net assets ratio by year from 2004 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Galapagos N.V. from 2004 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Galapagos N.V. assets under control.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 90.4% | €2.93 Billion | €3.24 Billion | €3.08 Billion | €152.86 Million | ▼ -13.3 pp |
| 2024 | 103.7% | €3.00 Billion | €2.90 Billion | €3.34 Billion | €335.08 Million | ▼ -19.1 pp |
| 2023 | 122.8% | €3.43 Billion | €2.80 Billion | €3.86 Billion | €428.22 Million | ▼ -24.2 pp |
| 2022 | 147.0% | €3.71 Billion | €2.53 Billion | €4.24 Billion | €522.54 Million | ▼ -15.5 pp |
| 2021 | 162.5% | €4.30 Billion | €2.64 Billion | €4.86 Billion | €566.47 Million | ▼ -14.8 pp |
| 2020 | 177.3% | €4.73 Billion | €2.67 Billion | €5.37 Billion | €635.27 Million | ▼ -6.8 pp |
| 2019 | 184.1% | €5.29 Billion | €2.88 Billion | €5.87 Billion | €571.79 Million | ▲ +92.8 pp |
| 2018 | 91.3% | €1.11 Billion | €1.21 Billion | €1.33 Billion | €219.91 Million | ▼ -10.1 pp |
| 2017 | 101.4% | €1.03 Billion | €1.01 Billion | €1.20 Billion | €171.70 Million | ▼ -17.7 pp |
| 2016 | 119.1% | €903.44 Million | €758.70 Million | €1.01 Billion | €103.79 Million | ▲ +36.3 pp |
| 2015 | 82.8% | €302.06 Million | €365.00 Million | €374.47 Million | €72.41 Million | ▲ +8.4 pp |
| 2014 | 74.3% | €153.25 Million | €206.13 Million | €213.60 Million | €60.36 Million | ▲ +36.0 pp |
| 2013 | 38.3% | €64.09 Million | €167.14 Million | €176.65 Million | €112.56 Million | ▲ +18.3 pp |
| 2012 | 20.0% | €23.71 Million | €118.45 Million | €132.73 Million | €109.01 Million | ▼ -5.5 pp |
| 2011 | 25.5% | €30.20 Million | €118.38 Million | €65.56 Million | €35.36 Million | ▼ -22.3 pp |
| 2010 | 47.8% | €71.00 Million | €148.51 Million | €109.22 Million | €38.22 Million | ▼ -1.2 pp |
| 2009 | 49.0% | €53.34 Million | €108.88 Million | €84.69 Million | €31.34 Million | ▲ +13.3 pp |
| 2008 | 35.7% | €30.10 Million | €84.32 Million | €59.85 Million | €29.75 Million | ▼ -2.2 pp |
| 2007 | 37.9% | €37.38 Million | €98.63 Million | €80.74 Million | €43.36 Million | ▼ -8.3 pp |
| 2006 | 46.2% | €50.59 Million | €109.54 Million | €79.86 Million | €29.28 Million | ▲ +9.4 pp |
| 2005 | 36.8% | €22.48 Million | €61.14 Million | €36.55 Million | €14.06 Million | ▼ -49.4 pp |
| 2004 | 86.2% | €8.93 Million | €10.37 Million | €12.54 Million | €3.61 Million | — |