Materialise NV (MTLS) Balance Sheet: Assets & Liabilities

Materialise NV (MTLS) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Materialise NV reported total assets of EUR 420.65M and total liabilities of EUR 165.16M. Shareholders' equity was EUR 255.56M, up 2.8% from EUR 248.58M a year earlier. Total debt stood at EUR 57.48M against EUR 133.92M in cash and short-term investments, a net cash position of EUR 76.43M. That puts debt-to-equity at 0.22, compared with 0.13 a year earlier.

Materialise NV Balance Sheet Analysis

Values in millions EUR

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Materialise NV (MTLS) - Annual data in millions EUR
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	133.92	102.30	127.57	140.87	196.03	136.47	144.69	115.51	43.18
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	133.92	102.30	127.57	140.87	196.03	136.47	144.69	115.51	43.18
Accounts Receivable	54.94	53.05	52.70	51.04	91.90	44.44	52.71	36.89	42.50
Inventory	14.90	16.40	17.03	15.44	11.30	12.29	14.25	9.99	11.59
Other Current Assets	5.49	6.79	9.33	0.94	2.54	0.00	0.00	6.94	0.19
Total Current Assets	223.61	190.51	206.47	216.41	257.80	193.20	211.65	169.32	97.46
Non-Current Assets
Property, Plant & Equipment (Net)	118.28	119.05	103.50	102.70	35.92	121.45	114.04	92.54	86.88
Long-Term Investments	0.00	3.99	3.74	3.80	101.80	12.29	6.70	2.70	0.03
Goodwill	43.16	43.39	43.16	44.15	18.73	22.76	22.01	17.49	18.45
Intangible Assets	25.64	29.97	31.46	37.88	31.67	40.35	30.75	26.33	28.65
Other Non-Current Assets	0.61	0.95	8.29	0.59	19.84	8.48	6.83	4.54	3.67
Total Non-Current Assets	197.04	205.82	190.17	194.85	155.60	205.58	180.55	143.91	137.98
Total Assets	420.65	396.34	396.63	411.26	413.41	398.78	392.20	313.23	237.54
Current Liabilities
Accounts Payable	20.13	23.35	21.20	23.23	20.17	21.65	20.79	18.67	15.67
Short-Term Debt	7.76	10.38	25.48	17.06	17.85	21.44	18.90	13.60	15.80
Current Portion of Long-Term Debt	7.76	10.38	22.87	17.06	17.85	-	-	-	-
Accrued Liabilities	14.45	15.14	13.71	16.91	32.20	-	-	-	-
Deferred Revenue	43.52	46.00	0.09	41.72	33.31	36.16	31.03	23.20	19.28
Other Current Liabilities	1.30	1.13	56.41	0.24	0.91	23.09	20.26	15.34	8.44
Total Current Liabilities	91.88	102.18	104.95	106.11	32.20	103.32	94.34	73.12	62.75
Non-Current Liabilities
Long-Term Debt	49.73	23.18	38.92	55.87	72.64	119.40	124.71	92.44	88.08
Deferred Tax Liabilities	2.66	3.20	0.00	4.31	4.37	6.10	6.45	6.23	7.42
Other Non-Current Liabilities	0.09	0.05	16.17	0.00	0.15	0.49	0.78	0.87	1.90
Total Non-Current Liabilities	73.28	45.67	55.09	76.22	0.15	132.51	137.59	104.12	94.88
Total Liabilities	165.16	147.84	160.04	182.33	180.83	235.83	231.93	177.24	160.02
Stockholders' Equity
Common Stock	4.49	4.49	4.49	4.49	4.49	5.01	3.44	3.05	2.73
Retained Earnings	26.55	19.00	5.84	-1.16	-11.16	-8.95	-0.31	-1.58	-3.71
Accumulated Other Comprehensive Income	20.63	-8.80	-7.63	-8.27	-7.03	-5.96	-1.55	-3.70	-5.05
Additional Paid-in Capital	203.90	233.90	233.94	233.90	233.87	172.86	155.01	136.64	79.84
Minority Interest	-0.08	-0.09	-0.05	-0.03	0.00	0.00	3.68	0.00	0.00
Shares Outstanding	59.07	59.07	59.07	59.07	59.06	-	-	-	-
Total Stockholders' Equity	255.56	248.58	236.65	228.96	232.58	162.96	156.60	135.99	77.52
Total Liabilities & Equity	420.65	396.34	396.63	411.26	413.41	398.78	392.20	313.23	237.54

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Materialise NV Balance Sheet

How much debt does Materialise NV have?

Materialise NV had total debt of EUR 57.48M as of Dec 31, 2025, against EUR 133.92M in cash and short-term investments. Its debt-to-equity ratio was 0.22. Total debt was EUR 33.56M a year earlier.

What are Materialise NV's total assets?

Materialise NV reported total assets of EUR 420.65M as of Dec 31, 2025, up 6.1% from EUR 396.34M a year earlier. Total liabilities were EUR 165.16M.

What is Materialise NV's shareholders' equity?

Materialise NV's shareholders' equity was EUR 255.56M as of Dec 31, 2025, or about EUR 4.33 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition