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Segment information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Segment information |
Summary of segment information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Materialise | ​ ​ ​ | Materialise | ​ ​ ​ | Materialise | ​ ​ ​ | Total | ​ ​ ​
in 000€ | ​ | Medical | ​ | Software | ​ | Manufacturing | ​ | segments | ​
For the year ended December 31, 2025 | ​ | ​ |  | ​ |  | ​ |  | ​ |
Revenues | ​ | 134,239 |  | 40,907 |  | 92,486 |  | 267,633 | ​
Segment Adjusted EBITDA | ​ | 42,983 |  | 5,469 |  | (4,236) |  | 44,217 | ​
Segment Adjusted EBITDA % | ​ | 32.0 | % | 13.4 | % | -4.6 | % | 16.5 | %
Segment Adjusted EBIT | ​ | 36,635 | ​ | 2,487 | ​ | (15,980) | ​ | 23,143 | ​
Segment Adjusted EBIT % | ​ | 27.3 | % | 6.1 | % | -17.3 | % | 8.6 | %
For the year ended December 31, 2024 | ​ | ​ |  | ​ |  | ​ |  | ​ | ​
Revenues | ​ | 116,358 |  | 43,899 |  | 106,508 |  | 266,765 | ​
Segment Adjusted EBITDA | ​ | 35,562 |  | 5,562 |  | 1,660 |  | 42,784 | ​
Segment Adjusted EBITDA % | ​ | 30.6 | % | 12.7 | % | 1.6 | % | 16.0 | %
Segment Adjusted EBIT | ​ | 29,202 | ​ | 2,141 | ​ | (9,565) | ​ | 21,778 | ​
Segment Adjusted EBIT % | ​ | 25.1 | % | 4.9 | % | -9.0 | % | 8.2 | %
For the year ended December 31, 2023 | ​ | ​ |  | ​ |  | ​ |  | ​ | ​
Revenues | ​ | 101,376 |  | 44,442 |  | 110,310 |  | 256,127 | ​
Segment Adjusted EBITDA | ​ | 26,544 |  | 7,450 |  | 7,537 |  | 41,530 | ​
Segment Adjusted EBITDA % | ​ | 26.2 | % | 16.8 | % | 6.8 | % | 16.2 | %
Segment Adjusted EBIT | ​ | 20,807 | ​ | 3,992 | ​ | (3,986) | ​ | 20,813 | ​
Segment Adjusted EBIT % | ​ | 20.5 | % | 9.0 | % | -3.6 | % | 8.1 | %
Schedule of segment EBITDA and segment EBIT reconciliation with the consolidated net profit (loss) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31,
in 000€ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024 | ​ ​ ​ | 2023
Net profit (loss) for the year |  | 7,716 |  | 13,406 |  | 6,695
Income taxes |  | (429) |  | 733 |  | 78
Financial income |  | (3,968) |  | (7,677) |  | (5,019)
Financial expenses |  | 5,616 |  | 2,969 |  | 3,865
Operating (loss)/ profit | ​ | 8,936 |  | 9,432 |  | 5,619
Impairments |  | — |  | — |  | 4,228
Other operating income (expense) |  | (2,901) |  | (2,350) |  | (3,077)
Corporate headquarter costs |  | 12,048 |  | 10,254 |  | 10,464
Corporate research and development |  | 3,949 |  | 3,681 |  | 2,785
Depreciation and amortization |  | 21,785 |  | 21,742 |  | 21,511
Segment acquisition-related expenses(1) |  | — |  | 24 |  | —
Segment restructuring and reorganizations(2) | ​ | 400 | ​ | — | ​ | —
Segment Adjusted EBITDA |  | 44,217 |  | 42,784 |  | 41,530
Segment depreciation and amortization(3) | ​ | (21,074) | ​ | (21,006) | ​ | (20,717)
Segment Adjusted EBIT | ​ | 23,143 | ​ | 21,778 | ​ | 20,813
​
(1) | Segment acquisition-related expenses incurred in connection with the acquisition of FEops. See “Reconciliation of NET Profit to Adjusted EBITDA (unaudited) on a Consolidated Basis” above.
(2) | Costs related to restructuring activities and organizational changes within the reported business segments, including personnel‑related and other associated expenses. For 2025 these costs relate to personnel-related restructuring costs within our Materialse Manufacturing and Materialise Software segments.
(3) | Segment depreciation and amortization excludes depreciation and amortization that is not allocated to operating segments.
Schedule of revenue by geographical area | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
in 000€ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024 | ​ ​ ​ | 2023
United States of America |  | 110,886 |  | 108,584 |  | 90,350
Americas other than USA |  | 6,245 |  | 6,516 |  | 7,049
Belgium |  | 6,157 |  | 6,564 |  | 8,265
Germany |  | 30,885 |  | 34,963 |  | 33,172
France |  | 17,195 |  | 17,355 |  | 19,053
Switzerland |  | 20,454 |  | 19,710 |  | 20,780
United Kingdom |  | 14,981 |  | 15,634 |  | 15,153
Italy |  | 8,153 |  | 8,387 |  | 11,412
Netherlands |  | 7,459 |  | 7,924 |  | 7,977
Other Europe |  | 25,886 |  | 23,051 |  | 22,928
Asia Pacific |  | 19,332 |  | 18,077 |  | 19,988
Total |  | 267,633 |  | 266,765 |  | 256,127
Schedule of total non-current assets other than financial instruments and deferred tax assets by geographical area | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
in 000€ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024 | ​ ​ ​ | 2023
United States of America (USA) |  | 11,821 |  | 13,416 |  | 12,329
Americas other than USA |  | 2,774 |  | 2,687 |  | 3,023
Belgium |  | 76,171 |  | 82,414 |  | 85,150
Germany |  | 81,181 |  | 78,228 |  | 61,520
Poland |  | 12,368 |  | 12,064 |  | 12,000
Rest of Europe |  | 7,166 |  | 7,829 |  | 8,024
Asia-Pacific |  | 1,389 |  | 1,668 |  | 1,578
Total |  | 192,870 |  | 198,306 |  | 183,625

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