Materialise NV Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	132.02	102.3	127.57	140.87	196.03	111.54
Cash & Short-Term Investments	132.02	102.3	127.57	140.87	196.03	111.54
Cash Growth	13.65%	-19.81%	-9.44%	-28.14%	75.75%	-13.47%
Accounts Receivable	44.89	53.05	52.7	51.04	41.54	30.87
Other Receivables	-	12.87	4.54	4	4.21	5.43
Receivables	44.89	65.92	57.23	55.05	45.75	36.3
Inventory	15.68	16.99	17.03	16.08	11.3	10.04
Other Current Assets	21.95	5.3	4.63	4.42	4.73	2.86
Total Current Assets	214.55	190.51	206.47	216.41	257.8	160.74
Property, Plant & Equipment	117.9	119.05	103.5	102.7	93.51	99.26
Long-Term Investments	4.18	3.99	3.74	3.8	3.96	10.05
Goodwill	43.15	43.39	43.16	44.16	18.73	18.6
Other Intangible Assets	26.65	29.97	31.46	37.88	31.67	32.98
Long-Term Deferred Tax Assets	3.42	3.52	2.8	1.19	0.23	0.2
Long-Term Deferred Charges	-	-	-	-	0.74	-
Other Long-Term Assets	5.66	5.89	5.5	5.14	4.53	4.09
Total Assets	415.51	396.34	396.63	411.26	413.41	325.92
Accounts Payable	18.86	23.35	21.2	23.23	20.17	17.7
Accrued Expenses	-	16.6	14.85	18.93	15.06	15.17
Current Portion of Long-Term Debt	7.91	10.38	22.87	17.06	17.85	13.98
Current Portion of Leases	2.82	2.61	2.61	2.9	3.35	3.54
Current Income Taxes Payable	0.39	1.43	1.78	1.25	0.78	0.97
Current Unearned Revenue	41.59	46	40.79	41.72	33.31	29.56
Other Current Liabilities	19.03	1.81	0.85	1.03	0.91	3.53
Total Current Liabilities	90.6	102.18	104.95	106.11	91.44	84.45
Long-Term Debt	50.03	23.18	33.58	55.87	72.64	90.5
Long-Term Leases	3.52	5.11	5.33	5.15	5.27	7.09
Long-Term Unearned Revenue	16.75	13.27	10.7	9.28	6.45	5.33
Long-Term Deferred Tax Liabilities	2.83	3.2	3.73	4.31	4.37	4.98
Other Long-Term Liabilities	0.42	0.91	1.75	1.61	0.67	0.4
Total Liabilities	164.14	147.84	160.04	182.33	180.83	192.74
Common Stock	4.49	4.49	4.49	4.49	4.49	4.1
Additional Paid-In Capital	233.9	233.9	233.94	233.9	233.87	141.27
Retained Earnings	13.07	19.28	5.84	-0.88	1.24	-7.04
Comprehensive Income & Other	-	-9.08	-7.63	-8.55	-7.03	-5.15
Total Common Equity	251.45	248.58	236.65	228.96	232.58	133.18
Minority Interest	-0.08	-0.09	-0.05	-0.03	0	-
Shareholders' Equity	251.37	248.49	236.59	228.93	232.58	133.18
Total Liabilities & Equity	415.51	396.34	396.63	411.26	413.41	325.92
Total Debt	64.28	41.28	64.4	80.98	99.11	115.11
Net Cash (Debt)	67.74	61.02	63.18	59.89	96.92	-3.57
Net Cash Growth	7.32%	-3.41%	5.49%	-38.21%	-	-
Net Cash Per Share	1.15	1.03	1.07	1.01	1.71	-0.07
Filing Date Shares Outstanding	59.07	59.07	59.07	59.07	59.06	54.17
Total Common Shares Outstanding	59.07	59.07	59.07	59.07	59.06	54.17
Working Capital	123.95	88.34	101.52	110.3	166.37	76.3
Book Value Per Share	4.26	4.21	4.01	3.88	3.94	2.46
Tangible Book Value	181.65	175.21	162.02	146.93	182.18	81.6
Tangible Book Value Per Share	3.08	2.97	2.74	2.49	3.08	1.51
Land	-	48.67	48.6	47.96	47.16	42.42
Machinery	-	132.41	121.05	105.88	103.27	94.42
Construction In Progress	-	26.53	12.54	15.96	1.78	8.64

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