14. Property, plant and equipment
(thousands of €) |
Land, building and building improvements |
Installation & |
Furniture, fixtures & vehicles |
Other tangible assets |
Total |
|---|---|---|---|---|---|
Acquisition value |
|
|
|
|
|
|
|
|
|
|
|
On 1 January 2021 |
16,739 |
37,607 |
7,352 |
37,273 |
98,972 |
Additions |
1,924 |
4,453 |
434 |
46,028 |
52,839 |
Sales and disposals |
|
(1,001) |
(1,177) |
(9,316) |
(11,494) |
Reclassifications |
7,273 |
5,210 |
1,175 |
(13,658) |
- |
Translation differences |
195 |
1 |
45 |
(3) |
238 |
On 31 December 2021 |
26,131 |
46,270 |
7,829 |
60,324 |
140,555 |
Impact of acquisitions of businesses |
29 |
2,117 |
108 |
|
2,254 |
Additions |
914 |
5,688 |
3,438 |
19,296 |
29,336 |
Sales and disposals |
(2,846) |
(600) |
(1,344) |
|
(4,790) |
Reclassifications |
64,286 |
3,580 |
167 |
(68,033) |
- |
Translation differences |
205 |
(15) |
43 |
|
233 |
On 31 December 2022 |
88,719 |
57,040 |
10,241 |
11,587 |
167,588 |
|
|
|
|
|
|
Depreciation and impairment |
|
|
|
|
|
|
|
|
|
|
|
On 1 January 2021 |
3,728 |
22,350 |
4,628 |
- |
30,708 |
Depreciations |
1,749 |
3,398 |
1,113 |
|
6,260 |
Impairment |
|
|
|
9,316 |
9,316 |
Sales and disposals |
|
(1,000) |
(1,178) |
(9,316) |
(11,494) |
Translation differences |
28 |
1 |
18 |
|
47 |
On 31 December 2021 |
5,505 |
24,749 |
4,582 |
- |
34,837 |
Depreciations |
4,433 |
4,336 |
1,265 |
|
10,034 |
Sales and disposals |
(2,173) |
(574) |
(1,328) |
|
(4,075) |
Translation differences |
49 |
(1) |
18 |
|
66 |
On 31 December 2022 |
7,814 |
28,510 |
4,537 |
- |
40,862 |
|
|
|
|
|
|
Carrying amount |
|
|
|
|
|
|
|
|
|
|
|
On 31 December 2021 |
20,626 |
21,521 |
3,247 |
60,324 |
105,718 |
On 31 December 2022 |
80,905 |
28,530 |
5,704 |
11,587 |
126,726 |
The other tangible assets primarily consist of assets under construction, which are not yet available for use and therefore not yet depreciated as per 31 December 2022.
During 2022, the construction of our new building in Oegstgeest (the Netherlands) was completed which explains the reclassification from “other tangible assets” to “land, building and building improvements” for €64.3 million.
In 2021 we recorded an exceptional impairment of €9.3 million on the other tangible fixed assets following our decision to reassess the construction project of our new future headquarter location in Mechelen (Belgium).
(thousands of €) |
Land & building |
Installation & machinery |
Furniture, |
Total |
|---|---|---|---|---|
Acquisition value |
|
|
|
|
|
|
|
|
|
On 1 January 2021 |
39,678 |
734 |
5,812 |
46,225 |
Additions |
1,722 |
110 |
5,092 |
6,924 |
Sales and disposals |
(4,160) |
(251) |
(722) |
(5,133) |
Translation differences |
221 |
|
2 |
223 |
On 31 December 2021 |
37,461 |
593 |
10,184 |
48,239 |
Additions |
703 |
|
3,603 |
4,306 |
Sales and disposals |
(3,554) |
(156) |
(1,274) |
(4,984) |
Translation differences |
224 |
|
(8) |
216 |
On 31 December 2022 |
34,834 |
437 |
12,505 |
47,777 |
|
|
|
|
|
Depreciation and impairment |
|
|
|
|
|
|
|
|
|
On 1 January 2021 |
8,651 |
464 |
1,995 |
11,111 |
Depreciations |
5,466 |
161 |
2,296 |
7,923 |
Sales and disposals |
(1,696) |
(251) |
(722) |
(2,669) |
Translation differences |
79 |
|
|
79 |
On 31 December 2021 |
12,500 |
374 |
3,569 |
16,444 |
Depreciations |
4,421 |
134 |
3,141 |
7,696 |
Sales and disposals |
(2,602) |
(156) |
(1,235) |
(3,993) |
Translation differences |
105 |
|
(2) |
103 |
On 31 December 2022 |
14,424 |
352 |
5,473 |
20,250 |
|
|
|
|
|
Carrying amount |
|
|
|
|
|
|
|
|
|
On 31 December 2021 |
24,961 |
219 |
6,615 |
31,794 |
On 31 December 2022 |
20,410 |
85 |
7,032 |
27,526 |
|
31 December |
|
|---|---|---|
(thousands of €) |
2022 |
2021 |
Property, plant and equipment fully owned |
126,726 |
105,718 |
Right-of-use |
27,526 |
31,794 |
Total property, plant and equipment |
154,252 |
137,512 |
There are no pledged items of property, plant and equipment. There are also no restrictions in use on any items of property, plant and equipment.