Annual Report 2024

Annual Report 2024

Employees

As of December 31, 2024, we had 1,599 employees and 774 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.

Employees

 

 

As of December 31,

 

 

2024

 

2023

 

2022

Function:

 

 

 

 

 

 

Selling, general and administrative

 

955

 

495

 

476

Research and development

 

644

 

653

 

367

Total

 

1,599

 

1,148

 

843

Geography:

 

 

 

 

 

 

U.S.

 

694

 

454

 

340

Belgium

 

466

 

355

 

363

Japan

 

139

 

116

 

75

Switzerland

 

49

 

28

 

15

UK

 

44

 

37

 

Germany

 

41

 

25

 

11

France

 

38

 

40

 

11

The Netherlands

 

34

 

22

 

Italy

 

33

 

27

 

Spain

 

32

 

20

 

Canada

 

19

 

16

 

5

Rest of the World/Remote

 

10

 

8

 

23

Total

 

1,599

 

1,148

 

843

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.