Materialise NV (EBR:MTLS)
Belgium · Delayed Price · Currency is EUR 6.60
+0.10 (1.54%)
At close: Oct 30, 2026
Materialise NV Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | 12.73 | 7.72 | 13.44 | 6.72 | -2.12 | 13.15 |
Depreciation & Amortization | 18.83 | 17.58 | 18.04 | 18.54 | 21.15 | 18.72 |
Other Amortization | 4.12 | 4.12 | 3.76 | 3.03 | 1.42 | 1.83 |
Loss (Gain) From Sale of Assets | -0.41 | -0.09 | -0.31 | -0.42 | 0.35 | 0.21 |
Asset Writedown & Restructuring Costs | - | - | - | 4.23 | - | 0.18 |
Stock-Based Compensation | 0.55 | 0.27 | 0.29 | 0.04 | -0.14 | -1.04 |
Provision & Write-off of Bad Debts | 0.98 | 0.72 | 0.24 | 0.5 | -0.02 | 0.26 |
Other Operating Activities | 0.66 | 3.84 | -2.58 | 0.09 | 0.64 | -1.57 |
Change in Accounts Receivable | -4.82 | -2.67 | -1.04 | -3.34 | -6.33 | -10.92 |
Change in Inventory | -2.36 | -0.9 | -0.37 | -0.81 | -5.01 | -1.42 |
Change in Accounts Payable | -0.28 | -5.27 | -0.01 | -8.44 | 12.37 | 6.45 |
Operating Cash Flow | 30 | 25.32 | 31.46 | 20.16 | 22.29 | 25.85 |
Operating Cash Flow Growth | 14.24% | -19.51% | 56.05% | -9.56% | -13.76% | -13.79% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -8.07 | -14.09 | -24.65 | -9.24 | -21.61 | -7.93 |
Sale of Property, Plant & Equipment | 0.52 | 0.39 | 0.46 | 0.72 | 0.21 | 0.46 |
Cash Acquisitions | - | - | -2.67 | - | -29.29 | -0.88 |
Sale (Purchase) of Intangibles | -1.93 | -2.17 | -1.73 | -2.53 | -3.17 | -3.79 |
Investment in Securities | -0.01 | - | - | - | - | - |
Other Investing Activities | 5.24 | 3.67 | 0 | - | - | - |
Investing Cash Flow | -2.7 | -9.7 | -28.59 | -11.04 | -53.86 | -13.13 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Long-Term Debt Issued | - | 35 | - | - | - | - |
Long-Term Debt Repaid | - | -14.12 | -26.39 | -20.27 | -21.09 | -18.05 |
Lease Payments | -3.48 | -3.07 | -3.12 | -3.55 | -3.38 | -3.78 |
Net Debt Issued (Repaid) | 3.62 | 20.88 | -26.39 | -20.27 | -21.09 | -18.05 |
Issuance of Common Stock | - | - | - | - | 0.02 | 88.12 |
Other Financing Activities | -2.74 | -3.86 | -1.26 | -2.1 | -1.45 | 1.09 |
Financing Cash Flow | -6.4 | 17.02 | -27.64 | -22.37 | -22.51 | 71.16 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Foreign Exchange Rate Adjustments | 0.58 | -1.02 | -0.49 | -0.05 | -1.08 | 0.62 |
Net Cash Flow | 21.48 | 31.62 | -25.27 | -13.29 | -55.16 | 84.49 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 21.93 | 11.23 | 6.81 | 10.92 | 0.68 | 17.91 |
Free Cash Flow Growth | 156.60% | 64.93% | -37.68% | 1506.18% | -96.20% | -5.46% |
Free Cash Flow Margin | 8.00% | 4.20% | 2.55% | 4.26% | 0.29% | 8.72% |
Free Cash Flow Per Share | 0.37 | 0.19 | 0.12 | 0.18 | 0.01 | 0.32 |
Levered Free Cash Flow | 26.62 | 1.13 | 1.21 | 8.17 | -3.7 | 5.01 |
Unlevered Free Cash Flow | 26.62 | 2.2 | 2.02 | 9.26 | -2.42 | 6.54 |
Free Cash Flow After Leases | 18.45 | 8.16 | 3.69 | 7.37 | -2.7 | 14.14 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 Interest Paid | 2.07 | 1.71 | 1.34 | 1.75 | 1.99 | 2.33 |
Cash Income Tax Paid | 0.5 | 1.08 | 3.15 | 2.74 | 1.43 | 1.15 |
Change in Working Capital | -7.46 | -8.84 | -1.42 | -12.58 | 1.02 | -5.89 |