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

Segmentation

v3.24.1.1.u2
Segmentation
12 Months Ended
Dec. 31, 2023
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, 2023, there was one customer that had a revenue contribution of 10% or more of the Group's total revenue for the year (2022: one customers, 2021: two customers). The amount of revenue from the major customers can be broken down as follows:
(in €‘000) 2023 2022 2021
Customer A —  * —  * 23,974
Customer B —  * —  * —  *
Customer C —  * —  * —  *
Customer D 15,585 51,424 24,566
Total 15,585 51,424 48,540
*This customer's revenue contribution was less than 10% of the total revenue of the respective year.
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) 2023 2022 2021
The Netherlands 73,737  46,302  29,689 
Belgium 21,364  10,692  4,358 
Germany 22,553  15,045  14,477 
France 23,289  55,815  32,098 
Other 4,510  6,046  5,669 
Total 145,453  133,900  86,291 
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, 2023 December 31, 2022
The Netherlands 101,934  109,851 
Belgium 14,609  8,778 
Germany 85,179  43,510 
France 41,136  32,675 
Other 31,570  12,369 
Total 274,428  207,183 
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.