Annual Report 2023

Annual Report 2023

Employees

As of December 31, 2023, we had 1,148 employees and 309 consultants, which we refer to as “contingent workers.” At each date shown below, we had the following number of employees, broken out by department and geography.

 

 

At December 31,

 

 

2023

 

2022

 

2021

Function:

 

 

 

 

 

 

Research and development

 

653

 

367

 

289

Selling, general and administrative

 

495

 

476

 

361

Total

 

1,148

 

843

 

650

Geography:

 

 

 

 

 

 

Belgium

 

355

 

363

 

296

U.S.

 

454

 

340

 

276

Japan

 

116

 

75

 

57

The Netherlands

 

22

 

 

Switzerland

 

28

 

15

 

9

France

 

40

 

11

 

3

Germany

 

25

 

11

 

9

Canada

 

16

 

5

 

UK

 

37

 

 

Italy

 

27

 

 

Spain

 

20

 

 

Other – remote

 

8

 

23

 

Total

 

1,148

 

843

 

650

Collective bargaining agreements (CBAs) can be entered into in Belgium at the national, industry, or company levels. These CBAs are binding on both employers and employees. We have no trade union representation or CBAs at the company level, but we are subject to the national and chemical industry CBAs. The CBAs currently applicable to us relate to employment conditions such as wages, working time, job security, innovation and supplementary pensions. We have not had, and do not anticipate having, disputes on any of these subjects. CBAs may, however, change the employment conditions of our employees in the future and hence adversely affect our employment relationships.