Annual Report 2025

Annual Report 2025

Employees

As of December 31, 2025, we had 1,863 employees and 1659 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,

 

 

2025

 

2024

 

2023

Function:

 

 

 

 

 

 

Research and development

 

773

 

644

 

653

Selling, general and administrative

 

1,090

 

955

 

495

Total

 

1,863

 

1,599

 

1,148

Geography:

 

 

 

 

 

 

U.S.

 

789

 

694

 

454

Belgium

 

565

 

466

 

355

Japan

 

146

 

139

 

116

Switzerland

 

71

 

49

 

28

Germany

 

55

 

41

 

25

UK

 

48

 

44

 

37

Italy

 

39

 

33

 

27

France

 

38

 

38

 

40

The Netherlands

 

38

 

34

 

22

Spain

 

34

 

32

 

20

Canada

 

24

 

19

 

16

Rest of the World/Remote

 

16

 

10

 

8

Total

 

1,863

 

1,599

 

1,148

Collective bargaining agreements (CBAs) can be entered into in Belgium and other jurisdictions 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.