Materialise NV balance sheet

At the end of fiscal 2025, Materialise NV had total assets of $494m and shareholders' equity of $300m. It held $157m in cash against $74.1m of debt: net cash of $83.1m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Materialise NV: balance sheet, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	55	59	52	132	145	136	222	151	141	106	157
Inventory	6	8	13	11	14	12	13	17	19	—	—
Total current assets	91	101	117	194	215	197	292	232	228	197	262
Goodwill	10	9	21	20	22	23	21	47	48	45	51
Total assets	157	171	282	359	392	399	468	440	439	410	494
Total current liabilities	42	50	75	84	94	103	103	114	116	106	108
Short-term debt	—	—	—	—	—	—	—	21	28	—	—
Long-term debt	18	30	98	106	118	111	82	60	37	24	58
Total debt	23	36	114	121	144	141	112	87	71	43	74
Shareholders' equity	90	83	93	156	157	163	263	245	262	257	300
Net debt (negative = net cash)	−32	−23	62	−11	−1	4	−110	−64	−70	−63	−83

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Materialise NV's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Materialise NV.