MATERIALISE financials
Also U.S.-listed. MATERIALISE is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: MTLS — MATERIALISE NV
MATERIALISE
Country: BE Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
5493004CXYDPCZ5RQK28 Financial statements
(EUR, as reported — unscaled; 100 line items across 3 annual periods)
| Line item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Income statement | |||
| Revenue | €267.6M | €266.8M | €256.1M |
| Cost of sales | €114.7M | €115.9M | €111.0M |
| Gross profit | €152.9M | €150.8M | €145.1M |
| Operating profit (EBIT) | €8.9M | €9.4M | €5.6M |
| Finance costs | €5.6M | €3.0M | €3.9M |
| Profit before tax | €7.3M | €14.1M | €6.8M |
| Income tax expense | -€429.0K | €733.0K | €78.0K |
| Profit for the year | €7.7M | €13.4M | €6.7M |
| — attributable to owners | €7.7M | €13.4M | €6.7M |
| — attributable to NCI | -€2.0K | -€30.0K | -€27.0K |
| Total comprehensive income | €6.7M | €11.6M | €7.6M |
| Per share | |||
| Basic EPS | €0.13 | €0.23 | €0.11 |
| Diluted EPS | €0.13 | €0.23 | €0.11 |
| Free cash flow / share | €0.19 | €0.12 | €0.18 |
| Cash flow statement | |||
| Net cash from operating activities | €25.3M | €31.5M | €20.2M |
| Net cash from investing activities | -€9.7M | -€28.6M | -€11.0M |
| Purchase of PP&E (capex) | €14.1M | €24.6M | €9.2M |
| Purchase of intangibles | €2.2M | €1.7M | €2.5M |
| Net cash from financing activities | €17.0M | -€27.6M | -€22.4M |
| Proceeds from borrowings | €35.0M | €0 | €0 |
| Repayments of borrowings | €11.1M | €23.3M | €16.7M |
| Lease liability payments | €3.1M | €3.1M | €3.5M |
| Net change in cash | €32.6M | -€24.8M | -€13.2M |
| Balance sheet | |||
| Total assets | €420.6M | €396.3M | €396.6M |
| Non-current assets | €197.0M | €205.8M | €190.2M |
| Property, plant & equipment | €112.9M | €111.3M | €95.4M |
| Right-of-use assets | €5.4M | €7.7M | €8.1M |
| Intangible assets & goodwill | €43.2M | €43.4M | €43.2M |
| Current assets | €223.6M | €190.5M | €206.5M |
| Inventories | €14.9M | €17.0M | €17.0M |
| Trade & other receivables | €54.9M | €53.1M | €52.7M |
| Cash & equivalents | €133.9M | €102.3M | €127.6M |
| Total equity | €255.5M | €248.5M | €236.6M |
| — attributable to owners | €255.6M | €248.6M | €236.6M |
| Non-controlling interests | -€80.0K | -€86.0K | -€53.0K |
| Non-current liabilities | €73.3M | €45.7M | €55.1M |
| Long-term borrowings | €49.7M | €23.2M | €33.6M |
| Lease liabilities (non-current) | €3.1M | €5.1M | €5.3M |
| Current liabilities | €91.9M | €102.2M | €105.0M |
| Lease liabilities (current) | €2.6M | €2.6M | €2.6M |
| Deferred tax liabilities | €2.7M | €3.2M | €3.7M |
| Derived metrics | |||
| Free cash flow | €11.2M | €6.8M | €10.9M |
| Operating margin | 3.3% | 3.5% | 2.2% |
| Net margin | 2.9% | 5.0% | 2.6% |
| Return on equity | 3.0% | 5.4% | 2.8% |
| Cash conversion ratio | 3.28× | 2.35× | 3.01× |
| Capex coverage | 1.80× | 1.28× | 2.18× |
| Other reported items | |||
| Adjustments For Decrease Increase In Inventories | -€904.0K | -€372.0K | -€806.0K |
| Adjustments For Decrease Increase In Trade and Other Receivables | -€2.7M | -€1.0M | -€3.3M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €6.4M | €6.4M | €6.5M |
| Adjustments For Depreciation Expense | €15.3M | €15.4M | €15.1M |
| Adjustments For Finance Costs | €5.6M | €3.0M | €3.9M |
| Adjustments For Finance Income | €4.0M | €7.6M | €5.0M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | €85.0K | €312.0K | €415.0K |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €0 | €0 | €4.2M |
| Adjustments For Income Tax Expense | -€446.0K | €714.0K | €73.0K |
| Adjustments For Increase Decrease In Trade and Other Payables | -€5.3M | -€9.0K | -€8.4M |
| Adjustments For Provisions | -€184.0K | €539.0K | -€181.0K |
| Adjustments For Sharebased Payments | €266.0K | €285.0K | €39.0K |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -€136.0K | €29.0K | -€94.0K |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €0 | €2.7M | €0 |
| Comprehensive Income Attributable To Noncontrolling Interests | €5.0K | -€33.0K | -€25.0K |
| Comprehensive Income Attributable To Owners of Parent | €6.7M | €11.6M | €7.6M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | €7.8M | €10.4M | €22.9M |
| Current Deferred Income Including Current Contract Liabilities | €43.5M | €46.0M | €40.8M |
| Current Tax Liabilities Current | €748.0K | €1.4M | €1.8M |
| Deferred Tax Assets | €4.0M | €3.5M | €2.8M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€1.0M | -€492.0K | -€46.0K |
| Equity and Liabilities | €420.6M | €396.3M | €396.6M |
| Finance Income | €4.0M | €7.7M | €5.0M |
| Gains Losses On Exchange Differences On Translation Net of Tax | €1.0M | -€1.8M | €1.3M |
| General and Administrative Expense | €40.1M | €39.6M | €37.1M |
| Income Taxes Paid Refund Classified As Operating Activities | €1.1M | €3.2M | €2.7M |
| Increase Decrease Through Sharebased Payment Transactions | €266.0K | €285.0K | €47.0K |
| Increase Decrease Through Transfers and Other Changes Equity | €0 | — | — |
| Intangible Assets Other Than Goodwill | €25.6M | €30.0M | €31.5M |
| Interest Paid Classified As Financing Activities | €1.7M | €1.3M | €1.8M |
| Interest Received Classified As Operating Activities | €4.3M | €4.0M | €4.2M |
| Issued Capital | €4.5M | €4.5M | €4.5M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €802.0K | €0 | €0 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €4.3M | €0 | €0 |
| Noncurrent Deferred Income Including Noncurrent Contract Liabilities | €17.3M | €13.3M | €10.7M |
| Noncurrent Financial Assets At Fair Value Through Profit Or Loss | €0 | €4.0M | €3.7M |
| Other Comprehensive Income | -€992.0K | -€1.8M | €924.0K |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€2.3M | €0 | €0 |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | €258.0K | €3.0K | €331.0K |
| Other Current Assets | €15.5M | €18.2M | €9.2M |
| Other Current Liabilities | €16.4M | €18.4M | €15.7M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -€2.1M | €81.0K | -€346.0K |
| Other Noncurrent Assets | €6.0M | €5.9M | €5.5M |
| Other Noncurrent Liabilities | €486.0K | €910.0K | €1.7M |
| Other Operating Income Expense | €3.8M | €4.2M | -€6.5M |
| Other Reserves | €20.6M | -€8.8M | -€7.3M |
| Proceeds From Government Grants Classified As Investing Activities | €3.7M | €0 | €0 |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €389.0K | €458.0K | €723.0K |
| Research and Development Expense | €46.1M | €44.4M | €38.1M |
| Retained Earnings | €26.5M | €19.0M | €5.6M |
| Sales and Marketing Expense | €61.6M | €61.6M | €57.8M |
| Share Premium | €203.9M | €233.9M | €233.9M |
| Trade and Other Current Payables To Trade Suppliers | €20.1M | €23.3M | €21.2M |
Methodology
Every line item above is a fact tagged in MATERIALISE's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.