Materialise NV Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	133.92	102.3	127.57	140.87	196.03
Cash & Short-Term Investments	133.92	102.3	127.57	140.87	196.03
Cash Growth	30.90%	-19.81%	-9.44%	-28.14%	75.75%
Accounts Receivable	54.94	53.05	52.7	51.04	41.54
Other Receivables	-	12.87	4.54	4	4.21
Receivables	54.94	65.92	57.23	55.05	45.75
Inventory	14.9	16.99	17.03	16.08	11.3
Other Current Assets	19.85	5.3	4.63	4.42	4.73
Total Current Assets	223.61	190.51	206.47	216.41	257.8
Property, Plant & Equipment	118.28	119.05	103.5	102.7	93.51
Long-Term Investments	-	3.99	3.74	3.8	3.96
Goodwill	43.16	43.39	43.16	44.16	18.73
Other Intangible Assets	25.64	29.97	31.46	37.88	31.67
Long-Term Deferred Tax Assets	3.97	3.52	2.8	1.19	0.23
Long-Term Deferred Charges	-	-	-	-	0.74
Other Long-Term Assets	5.99	5.89	5.5	5.14	4.53
Total Assets	420.65	396.34	396.63	411.26	413.41
Accounts Payable	20.13	23.35	21.2	23.23	20.17
Accrued Expenses	-	16.6	14.85	18.93	15.06
Current Portion of Long-Term Debt	7.76	10.38	22.87	17.06	17.85
Current Portion of Leases	2.57	2.61	2.61	2.9	3.35
Current Income Taxes Payable	0.75	1.43	1.78	1.25	0.78
Current Unearned Revenue	43.52	46	40.79	41.72	33.31
Other Current Liabilities	17.16	1.81	0.85	1.03	0.91
Total Current Liabilities	91.88	102.18	104.95	106.11	91.44
Long-Term Debt	49.73	23.18	33.58	55.87	72.64
Long-Term Leases	3.06	5.11	5.33	5.15	5.27
Long-Term Unearned Revenue	17.34	13.27	10.7	9.28	6.45
Long-Term Deferred Tax Liabilities	2.66	3.2	3.73	4.31	4.37
Other Long-Term Liabilities	0.49	0.91	1.75	1.61	0.67
Total Liabilities	165.16	147.84	160.04	182.33	180.83
Common Stock	4.49	4.49	4.49	4.49	4.49
Additional Paid-In Capital	203.9	233.9	233.94	233.9	233.87
Retained Earnings	47.18	19.28	5.84	-0.88	1.24
Comprehensive Income & Other	-	-9.08	-7.63	-8.55	-7.03
Total Common Equity	255.56	248.58	236.65	228.96	232.58
Minority Interest	-0.08	-0.09	-0.05	-0.03	0
Shareholders' Equity	255.48	248.49	236.59	228.93	232.58
Total Liabilities & Equity	420.65	396.34	396.63	411.26	413.41
Total Debt	63.11	41.28	64.4	80.98	99.11
Net Cash (Debt)	70.81	61.02	63.18	59.89	96.92
Net Cash Growth	16.04%	-3.41%	5.49%	-38.21%	-
Net Cash Per Share	1.20	1.03	1.07	1.01	1.71
Filing Date Shares Outstanding	59.07	59.07	59.07	59.07	59.06
Total Common Shares Outstanding	59.07	59.07	59.07	59.07	59.06
Working Capital	131.72	88.34	101.52	110.3	166.37
Book Value Per Share	4.33	4.21	4.01	3.88	3.94
Tangible Book Value	186.76	175.21	162.02	146.93	182.18
Tangible Book Value Per Share	3.16	2.97	2.74	2.49	3.08
Land	-	48.67	48.6	47.96	47.16
Machinery	-	132.41	121.05	105.88	103.27
Construction In Progress	-	26.53	12.54	15.96	1.78

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