Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Segmentation

v3.23.1
Segmentation
12 Months Ended
Dec. 31, 2022
Segmentation [Abstract]  
Segmentation Segmentation
The Executive Board of the Group is the chief operating decision maker (“CODM”) which monitors the operating results of the business for the purpose of making decisions about resource allocation and performance assessment. The management information provided to the CODM includes financial information related to revenue, cost of sales and gross result disaggregated by charging revenue and combined service revenue streams and by region. These performance measures are measured consistently with the same measures as disclosed in the consolidated financial statements. Further financial information, including net income (loss), employee expenses and operating expenses are only provided on a consolidated basis.
The CODM assesses the financial information of the business on a consolidated level. As the operating results of the business for the purpose of making decisions about resource allocation and performance assessment are monitored on a consolidated level, the Group has one operating segment which is also its only reporting segment.
As the Group only has one reporting segment, all relevant financial information is disclosed in the consolidated financial statements.
Revenue from major customers
For the year ended December 31, 2022, revenue from one customer (2021: two customers, 2020: three customers), namely Customer D (2021: Customer A and D, 2020: Customer A, B and C), amounted to 10% or more of the Group’s total revenue. The amount of revenue from the major customers can be broken down as follows:
(in €‘000) 2022 2021 2020
Customer A 1,066  23,974  10,702 
Customer B 647  663  6,566 
Customer C —  1,119  5,065 
Customer D 51,424  24,566  — 
Total 53,137  50,322  22,333 
Revenue from external customers
The Company is domiciled in the Netherlands. The amount of revenue from external customers, based on the locations of the customers, can be broken down by country as follows:
(in €‘000) 2022 2021 2020
The Netherlands 46,302  29,689  16,369 
Belgium 10,692  4,358  2,874 
Germany 15,045  14,477  13,465 
France 55,815  32,098  8,285 
Other 6,046  5,669  3,256 
Total 133,900  86,291  44,249 
Non-current assets by country
The amount of total non-current assets, based on the locations of the assets, can be broken down by country as follows:
(in €‘000) December 31, 2022 December 31, 2021
The Netherlands 109,851  59,047 
Belgium 8,778  7,049 
Germany 43,510  13,568 
France 32,675  357 
Other 12,369  209 
Total 207,183  80,230 
Non-current assets for this purpose consist of total non-current assets as recorded in the consolidated statement of financial position, excluding non-current financial assets and deferred tax assets.