Materialise N.V. (MTLS) quarterly balance sheet — complete assets, liabilities & equity history
Materialise N.V. (MTLS) balance sheet — 14-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 236.92M | 221.13M | 224.27M | 223.51M | 186.11M | 201.66M | 186.33M | 190.51M | 195.14M | 201.54M | 203.59M | 223.12M | 200.82M | 207.09M | 213.42M | 226.53M | 216.86M | 231.53M | 229.07M | 289.81M |
| Cash & Short-Term Investments | 156.13M | 133.68M | 132.95M | 133.86M | 114.52M | 116.71M | 104.18M | 102.3M | 116.16M | 125.49M | 128.9M | 140.92M | 133.95M | 136.28M | 141.72M | 150.34M | 150.62M | 168.13M | 169.61M | 222.92M |
| Cash Only | 156.13M | 133.68M | 132.95M | 133.86M | 114.52M | 116.71M | 104.18M | 102.3M | 116.16M | 125.49M | 128.9M | 140.92M | 133.95M | 136.28M | 141.72M | 150.34M | 150.62M | 168.13M | 169.61M | 222.92M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 49.61M | 56.15M | 55.46M | 54.91M | 38.94M | 49.56M | 49.57M | 53.05M | 49.76M | 49.66M | 48.6M | 63.38M | 42M | 45.86M | 47.78M | 59.03M | 42.33M | 41.84M | 38.58M | 54.04M |
| Days Sales Outstanding | 72.32 | 71.29 | 74.94 | 61.03 | 78.04 | 69.58 | 69.57 | 72.01 | 66.61 | 64.98 | 80.06 | 74.23 | 67.21 | 65.74 | 72.95 | 74.36 | 66.43 | 63.01 | 78.7 | 65.38 |
| Inventory | 17.71M | 16.84M | 16.75M | 14.9M | 13.6M | 14.68M | 16.15M | 16.99M | 17.4M | 17.85M | 17.01M | 18.82M | 16.76M | 16.01M | 15.81M | 17.16M | 15.53M | 14.09M | 12.72M | 12.84M |
| Days Inventory Outstanding | 55.84 | 49.63 | 50.18 | 44.25 | 57.75 | 51.85 | 50.29 | 53.97 | 55.23 | 53.64 | 58.85 | 58.99 | 57.03 | 52.14 | 51.08 | 55.66 | 52.18 | 46.85 | 47.78 | 43.33 |
| Other Current Assets | 13.47M | 14.46M | 19.11M | 19.84M | 19.04M | 20.7M | 16.43M | 18.16M | 11.81M | 8.54M | 9.08M | 0 | 8.11M | 8.93M | 8.11M | 0 | 8.37M | 7.46M | 8.17M | 0 |
| Total Non-Current Assets | 199.93M | 196.36M | 194.25M | 196.96M | 174.33M | 202.73M | 204.12M | 205.82M | 199.52M | 196.1M | 190.64M | 215.02M | 193.17M | 193.17M | 194.41M | 212.39M | 198.75M | 188.27M | 185.04M | 180.32M |
| Property, Plant & Equipment | 117.95M | 115.6M | 117.41M | 118.23M | 102.28M | 118.14M | 118.24M | 119.05M | 112.75M | 110.66M | 104.5M | 114.33M | 102.07M | 102.88M | 102.78M | 109.6M | 100.86M | 95.86M | 93.6M | 106.33M |
| Fixed Asset Turnover | 0.58x | 0.61x | 0.56x | 0.64x | 0.61x | 0.55x | 0.56x | 0.57x | 0.61x | 0.64x | 0.58x | 0.60x | 0.59x | 0.63x | 0.62x | 0.60x | 0.59x | 0.61x | 0.53x | 0.65x |
| Goodwill | 43.96M | 43.19M | 43.17M | 43.14M | 37.43M | 43.25M | 43.37M | 43.39M | 43.35M | 43.29M | 43.24M | 47.67M | 44.28M | 44.34M | 44.2M | 47.12M | 50.19M | 45.18M | 43.55M | 21.3M |
| Intangible Assets | 22.59M | 23.27M | 24.59M | 25.63M | 23.12M | 27.75M | 28.77M | 29.97M | 30.99M | 29.12M | 30.27M | 34.76M | 35.59M | 35.78M | 36.94M | 40.42M | 38.71M | 38.17M | 38.08M | 36.01M |
| Long-Term Investments | 425.07K | 411.83K | 0 | 0 | 3.63M | 4.12M | 4.05M | 3.99M | 3.93M | 3.87M | 3.81M | 4.14M | 3.99M | 3.92M | 3.86M | 4.06M | 3.83M | 4.08M | 4.02M | 4.5M |
| Other Non-Current Assets | 10.8M | 9.73M | 5.25M | 5.98M | 4.91M | 5.71M | 6.27M | 9.41M | 5.83M | 6.46M | 6.05M | 11.03M | 5.21M | 5M | 5.41M | 9.92M | 4.95M | 4.75M | 5.4M | 11.91M |
| Total Assets | 436.85M | 417.49M | 418.53M | 420.47M | 360.44M | 404.38M | 390.45M | 396.34M | 394.66M | 397.63M | 394.24M | 438.14M | 393.99M | 400.26M | 407.83M | 438.92M | 415.61M | 419.8M | 414.12M | 470.13M |
| Asset Turnover | 0.16x | 0.17x | 0.16x | 0.18x | 0.18x | 0.16x | 0.17x | 0.17x | 0.17x | 0.17x | 0.15x | 0.16x | 0.15x | 0.16x | 0.16x | 0.15x | 0.14x | 0.14x | 0.12x | 0.15x |
| Asset Growth % | 21.2% | 3.24% | 7.19% | 6.09% | -8.67% | 1.7% | -0.96% | -9.54% | 0.17% | -0.66% | -3.33% | -0.18% | -5.2% | -4.66% | -1.52% | -6.64% | 0.18% | 5.45% | 29.35% | 17.89% |
| Total Current Liabilities | 94.2M | 91.92M | 92.71M | 91.84M | 78.59M | 93.35M | 98.86M | 102.18M | 107.84M | 109.66M | 106.77M | 115.93M | 93.6M | 98.33M | 105.05M | 113.25M | 103.74M | 102.06M | 95.04M | 103.98M |
| Accounts Payable | 21.28M | 19.37M | 19.78M | 20.12M | 16.36M | 20.09M | 21.3M | 23.35M | 21.23M | 23.76M | 19.74M | 23.41M | 20.8M | 22.79M | 23.78M | 24.79M | 25.04M | 26.38M | 20.2M | 22.94M |
| Days Payables Outstanding | 65.7 | 57.85 | 63.26 | 56.63 | 74.43 | 69.62 | 67.76 | 69.94 | 70.5 | 66.95 | 70.89 | 73.3 | 75.85 | 76.31 | 75.24 | 84.83 | 90.56 | 81.39 | 80.63 | 79.6 |
| Short-Term Debt | 8.69M | 9.25M | 6.82M | 10.32M | 6.86M | 8.15M | 9.5M | 10.38M | 21.29M | 22.22M | 22.5M | 28.15M | 13.49M | 14.63M | 16.33M | 21.3M | 17.59M | 17.87M | 17.88M | 24.11M |
| Deferred Revenue (Current) | 44.09M | 46.25M | 44.16M | 43.5M | 36.08M | 45.07M | 46.44M | 46M | 40.88M | 42.45M | 44.23M | 45.06M | 37.94M | 40.58M | 43.47M | 44.53M | 36.11M | 36.48M | 37.23M | 37.88M |
| Other Current Liabilities | 19.66M | 16.12M | 18.26M | 17.16M | 16.51M | 17M | 18.32M | 1.8M | 19.06M | 15.73M | 15.7M | 3.22M | 16.62M | 15.37M | 16.63M | 5.09M | 20.67M | 17.03M | 15.74M | 4.7M |
| Current Ratio | 2.52x | 2.41x | 2.42x | 2.43x | 2.37x | 2.16x | 1.88x | 1.86x | 1.81x | 1.84x | 1.91x | 1.92x | 2.15x | 2.11x | 2.03x | 2.00x | 2.09x | 2.27x | 2.41x | 2.79x |
| Quick Ratio | 2.33x | 2.22x | 2.24x | 2.27x | 2.20x | 2.00x | 1.72x | 1.70x | 1.65x | 1.68x | 1.75x | 1.76x | 1.97x | 1.94x | 1.88x | 1.85x | 1.94x | 2.13x | 2.28x | 2.66x |
| Cash Conversion Cycle | 62.46 | 63.07 | 61.87 | 48.65 | 61.35 | 51.8 | 52.1 | 56.03 | 51.35 | 51.67 | 68.02 | 59.92 | 48.39 | 41.57 | 48.79 | 45.19 | 28.04 | 28.47 | 45.85 | 29.11 |
| Total Non-Current Liabilities | 82.51M | 69.41M | 70.22M | 73.25M | 63.8M | 61.62M | 42.89M | 45.67M | 39.83M | 44.84M | 47.49M | 60.85M | 63.76M | 68.53M | 69.53M | 81.35M | 75.33M | 82.83M | 84.96M | 101.66M |
| Long-Term Debt | 60.22M | 46.73M | 47.19M | 52.77M | 43.4M | 38.39M | 19.45M | 23.18M | 23.88M | 27.58M | 29.1M | 37.1M | 45.2M | 49.82M | 51.03M | 59.63M | 58.13M | 63.8M | 66.76M | 82.6M |
| Capital Lease Obligations | 3.35M | 3.52M | 3.3M | 3.06M | 3.06M | 4.64M | 4.97M | 5.11M | 5.4M | 5.59M | 5.64M | 5.89M | 5.05M | 5.12M | 4.96M | 5.49M | 5M | 5.34M | 5.67M | 5.99M |
| Deferred Tax Liabilities | 2.38M | 2.47M | 2.57M | 2.66M | 2.45M | 2.92M | 2.98M | 3.2M | 3.32M | 3.42M | 3.57M | 4.11M | 3.79M | 3.95M | 4.17M | 4.6M | 4.24M | 4.49M | 4.29M | 4.97M |
| Other Non-Current Liabilities | 491.18K | 416.83K | 321K | -2.58M | 364.33K | 326K | 832K | 909K | 697K | 947K | 1.26M | 1.93M | 1.19M | 1.01M | 504K | 1.72M | 1.03M | 2.84M | 2.68M | 758.51K |
| Total Liabilities | 176.71M | 161.33M | 162.93M | 165.09M | 142.39M | 154.97M | 141.75M | 147.84M | 147.67M | 154.5M | 154.26M | 176.78M | 157.36M | 166.87M | 174.58M | 194.6M | 179.07M | 184.89M | 180M | 205.64M |
| Total Debt | 72.26M | 59.5M | 60.13M | 66.15M | 55.76M | 53.67M | 36.44M | 41.28M | 53.04M | 57.97M | 59.69M | 71.14M | 66.22M | 72.41M | 75.25M | 86.43M | 83.92M | 90.47M | 93.58M | 112.7M |
| Net Debt | -83.87M | -74.18M | -72.83M | -67.71M | -58.76M | -63.05M | -67.74M | -61.02M | -63.13M | -67.52M | -69.21M | -69.79M | -67.73M | -63.87M | -66.47M | -63.91M | -66.7M | -77.66M | -76.03M | -110.22M |
| Debt / Equity | 0.28x | 0.23x | 0.24x | 0.26x | 0.26x | 0.22x | 0.15x | 0.17x | 0.21x | 0.24x | 0.25x | 0.27x | 0.28x | 0.31x | 0.32x | 0.35x | 0.35x | 0.39x | 0.40x | 0.43x |
| Debt / EBITDA | 13.13x | 6.94x | 7.77x | 7.63x | 7.60x | 6.79x | 6.01x | 9.63x | 5.42x | 6.37x | 7.44x | 16.75x | 8.45x | 15.12x | 7.34x | 22.44x | 21.60x | 21.09x | 17.04x | 10.72x |
| Net Debt / EBITDA | -15.23x | -8.66x | -9.41x | -7.82x | -8.01x | -7.98x | -11.18x | -14.24x | -6.46x | -7.41x | -8.63x | -16.43x | -8.64x | -13.33x | -6.48x | -16.60x | -17.17x | -18.10x | -13.85x | -10.48x |
| Interest Coverage | 0.18x | 2.32x | 4.55x | -0.08x | 5.13x | 0.92x | 0.89x | -0.50x | 2.72x | 4.07x | 6.13x | -11.17x | 3.35x | 6.85x | 4.22x | -4.22x | -0.71x | -0.82x | 0.04x | 6.72x |
| Total Equity | 260.14M | 256.16M | 255.59M | 255.37M | 218.05M | 249.41M | 248.7M | 248.49M | 246.99M | 243.14M | 239.98M | 261.35M | 236.63M | 233.39M | 233.25M | 244.32M | 236.54M | 234.91M | 234.12M | 264.49M |
| Equity Growth % | 19.3% | 2.71% | 2.77% | 2.77% | -11.72% | 2.58% | 3.64% | -4.92% | 4.38% | 4.18% | 2.88% | 6.97% | 0.04% | -0.65% | -0.37% | -7.62% | 3.53% | 12.53% | 80.14% | 62.31% |
| Book Value per Share | 4.48 | 4.39 | 4.34 | 4.32 | 3.69 | 4.22 | 4.21 | 4.20 | 4.18 | 4.12 | 4.06 | 4.42 | 4.01 | 3.95 | 3.95 | 4.14 | 4.00 | 3.98 | 3.96 | 4.48 |
| Total Shareholders' Equity | 260.22M | 256.25M | 255.68M | 255.45M | 218.12M | 249.49M | 248.79M | 248.58M | 247.06M | 243.21M | 240.04M | 261.41M | 236.67M | 233.43M | 233.28M | 244.35M | 236.56M | 234.92M | 234.12M | 264.49M |
| Common Stock | 4.56M | 4.49M | 4.49M | 4.49M | 3.89M | 4.49M | 4.49M | 4.49M | 4.49M | 4.49M | 4.49M | 4.96M | 4.49M | 4.49M | 4.49M | 4.79M | 4.49M | 4.51M | 4.49M | 5.1M |
| Retained Earnings | 55.94M | 53.18M | 49.6M | 47.16M | 11.33M | 11.11M | 10.4M | 9.86M | 8.42M | 4.63M | 1.54M | 6.15M | -1.71M | -4.95M | -5.1M | -1.24M | -1.8M | -8.31M | -4.24M | 1.1M |
| Treasury Stock | -7.63M | -5.23M | -2.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.12M | 0 | 0 | 0 | -8.83M | 0 | 0 | 0 | -7.67M |
| Minority Interest | -80.34K | -85.96K | -83K | -79.97K | -68.53K | -78K | -84K | -86K | -72K | -66K | -60K | -58.55K | -43K | -38K | -34K | -29.88K | -21K | -12K | -6K | 1.14K |