Materialise NV Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	132.95	133.92	102.3	127.57	140.87	196.03
Cash & Short-Term Investments	132.95	133.92	102.3	127.57	140.87	196.03
Cash Growth	27.62%	30.90%	-19.81%	-9.44%	-28.14%	75.75%
Accounts Receivable	55.46	54.94	53.05	52.7	51.04	41.54
Other Receivables	-	9.48	12.87	4.54	4	4.21
Receivables	55.46	64.41	65.92	57.23	55.05	45.75
Inventory	16.75	14.9	16.99	17.03	16.08	11.3
Other Current Assets	19.11	10.37	5.3	4.63	4.42	4.73
Total Current Assets	224.27	223.61	190.51	206.47	216.41	257.8
Property, Plant & Equipment	117.41	118.28	119.05	103.5	102.7	93.51
Long-Term Investments	-	-	3.99	3.74	3.8	3.96
Goodwill	43.17	43.16	43.39	43.16	44.16	18.73
Other Intangible Assets	24.59	25.64	29.97	31.46	37.88	31.67
Long-Term Deferred Tax Assets	3.83	3.97	3.52	2.8	1.19	0.23
Long-Term Deferred Charges	-	-	-	-	-	0.74
Other Long-Term Assets	5.25	5.99	5.89	5.5	5.14	4.53
Total Assets	418.53	420.65	396.34	396.63	411.26	413.41
Accounts Payable	19.78	20.13	23.35	21.2	23.23	20.17
Accrued Expenses	-	15.47	16.6	14.85	18.93	15.06
Current Portion of Long-Term Debt	6.82	7.76	10.38	22.87	17.06	17.85
Current Portion of Leases	2.81	2.57	2.61	2.61	2.9	3.35
Current Income Taxes Payable	0.87	0.75	1.43	1.78	1.25	0.78
Current Unearned Revenue	44.17	43.52	46	40.79	41.72	33.31
Other Current Liabilities	18.26	1.7	1.81	0.85	1.03	0.91
Total Current Liabilities	92.71	91.88	102.18	104.95	106.11	91.44
Long-Term Debt	47.19	49.73	23.18	33.58	55.87	72.64
Long-Term Leases	3.3	3.06	5.11	5.33	5.15	5.27
Long-Term Unearned Revenue	16.85	17.34	13.27	10.7	9.28	6.45
Long-Term Deferred Tax Liabilities	2.57	2.66	3.2	3.73	4.31	4.37
Other Long-Term Liabilities	0.32	0.49	0.91	1.75	1.61	0.67
Total Liabilities	162.93	165.16	147.84	160.04	182.33	180.83
Common Stock	4.49	4.49	4.49	4.49	4.49	4.49
Additional Paid-In Capital	203.9	203.9	233.9	233.94	233.9	233.87
Retained Earnings	49.6	27	19.28	5.84	-0.88	1.24
Comprehensive Income & Other	-	20.18	-9.08	-7.63	-8.55	-7.03
Total Common Equity	255.68	255.56	248.58	236.65	228.96	232.58
Minority Interest	-0.08	-0.08	-0.09	-0.05	-0.03	0
Shareholders' Equity	255.6	255.48	248.49	236.59	228.93	232.58
Total Liabilities & Equity	418.53	420.65	396.34	396.63	411.26	413.41
Total Debt	60.13	63.11	41.28	64.4	80.98	99.11
Net Cash (Debt)	72.83	70.81	61.02	63.18	59.89	96.92
Net Cash Growth	7.51%	16.04%	-3.41%	5.49%	-38.21%	-
Net Cash Per Share	1.23	1.20	1.03	1.07	1.01	1.71
Filing Date Shares Outstanding	58.87	59.07	59.07	59.07	59.07	59.06
Total Common Shares Outstanding	58.87	59.07	59.07	59.07	59.07	59.06
Working Capital	131.56	131.72	88.34	101.52	110.3	166.37
Book Value Per Share	4.34	4.33	4.21	4.01	3.88	3.94
Tangible Book Value	187.92	186.76	175.21	162.02	146.93	182.18
Tangible Book Value Per Share	3.19	3.16	2.97	2.74	2.49	3.08
Land	-	67.62	48.67	48.6	47.96	47.16
Machinery	-	143.07	132.41	121.05	105.88	103.27
Construction In Progress	-	3.95	26.53	12.54	15.96	1.78

Source: S&P Global Market Intelligence. Standard template. Financial Sources.