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MATERIALISE NV — Annual Report 2025
May 15, 2026
33231_rns_2026-05-15_e9e1b57a-c462-44b7-9d10-0cdb83044b61.pdf
Annual Report
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F-cap 1
ANNUAL ACCOUNTS AND/OR OTHER DOCUMENTS TO BE FILED IN ACCORDANCE WITH THE BELGIAN COMPANIES AND ASSOCIATIONS CODE
IDENTIFICATION DETAILS (at the filing date)
NAME: Materialise
Legal form: Public limited company
Address: Technologielaan Nr.: 15 Box:
Postal code: 3001 Town: Heverlee
Country: Belgium
Register of legal persons – Commercial court: Leuven
Website¹:
E-mail address¹:
Company registration number 0441.131.254
DATE 21 / 11 / 2025 of filing the most recent document mentioning the date of publication of the deed of incorporation and of the deed of amendment of the articles of association.
This filing concerns:
☑ the ANNUAL ACCOUNTS in EURO approved by the general meeting of 16 / 06 / 2026
☑ the OTHER DOCUMENTS
regarding
the financial year covering the period from 01 / 01 / 2025 to 31 / 12 / 2025
the preceding period of the annual accounts from 01 / 01 / 2024 to 31 / 12 / 2024
The amounts for the preceding period are / are not identical to the ones previously published.
Total number of pages filed: 55 Numbers of the sections of the standard model form not filed because they serve no useful purpose: 6.2.5, 6.3.5, 6.5.2, 6.7.2, 6.20, 8, 9, 11, 12, 13, 14, 15
1 Optional mention.
2 Strike out what does not apply.
Signature (name and position)
Signature (name and position)
OCR9002
Nr. 0441.131.254
F-cap 2.1
LIST OF DIRECTORS, BUSINESS MANAGERS AND AUDITORS AND DECLARATION REGARDING A COMPLIMENTARY REVIEW OR CORRECTION ASSIGNMENT
LIST OF THE DIRECTORS, BUSINESS MANAGERS AND AUDITORS
COMPLETE LIST with surname, first names, profession, place of residence (address, number, postal code and municipality) and position within the company
A TREC
Nr.: 0456.384.307
Timmermansstraat 32, 8340 Damme, Belgium
Director
03/06/2008 - 16/06/2026
Represented by:
Johan De Lille
Gaversesteenweg 604, 9820 Merelbeke, Belgium
Wilfried, Frans, Isidoor Vancraen
Jan Van der Vorstlaan 19, 3040 Huldenberg, Belgium
Managing director
18/11/2003 - 16/06/2026
Jos Van der Sloten
Langestraat 62, 3190 Boortmeerbeek, Belgium
Director
03/06/2008 - 16/06/2025
Peter Leys
Strooistraat 57, 1860 Meise, Belgium
Director
28/11/2013 - 16/06/2026
Jurgen Gino Ingels
Clemenceaastraat 177 box A, 2860 Sint-Katelijne-Waver, Belgium
Director
28/11/2013 - 16/06/2026
Lieve Verplancke
(Doctor)
Route de Longwy 370, 1940 Luxemburg, Luxembourg
Director
02/06/2015 - 16/06/2026
Hilde Ingelaere
Jan Van der Vorstlaan 19, 3040 Huldenberg, Belgium
Director
18/11/2003 - 16/06/2026
Bart Luyten
Liersebaan 139, 2500 Lier, Belgium
Director
06/06/2017 - 16/06/2026
Volker Hammes
Altbachstrasse 25, 67435 Neustadt An der Weinstrasse, Germany
Director
28/11/2018 - 16/06/2026
Sander Vancraen
Ringlaan 26, 3080 Tervuren, Belgium
Director
02/06/2020 - 16/06/2026
Marleen Mannekens
Savaanstraat 7, 9000 Gent, Belgium
Director
03/06/2025 - 16/06/2026
KPMG Bedrijfsrevisoren BV
Nr.: 0419.122.548
Luchthaven Brussel Nationaal 1K, 1930 Zaventem, Belgium
Membership nr.: B00001
Auditor
06/06/2023 - 16/06/2026
Represented by:
Tim Vermeiren
Luchthaven Brussel Nationaal 1K, 1930 Zaventem, Belgium
Membership nr.: A02567
First Software - F-cap2025 - 2 / 55
Nr. 0441.131.254
F-cap 2.2
DECLARATION REGARDING A COMPLIMENTARY REVIEW OR CORRECTION ASSIGNMENT
The managing board declares that no audit or correction assignment has been given to a person who was not authorised to do so by law, pursuant to art. 5 of the law of 17th March 2019 concerning the professions of accountant and tax advisor.
The annual accounts were not* audited or corrected by a certified accountant or by a company auditor who is not the statutory auditor.
If affirmative, mention hereafter: surname, first names, profession and address of each certified accountant or company auditor and his membership number with his Institute as well as the nature of his assignment:
A. Bookkeeping of the enterprise ,
B. Preparing the annual accounts ,
C. Auditing the annual accounts and/or
D. Correcting the annual accounts.
If the tasks mentioned under A. or B. are executed by accountants or tax accountants, you can mention hereafter: surname, first names, profession and address of each accountant or tax accountant and his/her affiliation number with the Institute of Tax Advisers and Accountants (ITAA) and the nature of his/her assignment.
| Surname, first names, profession and address | Affiliation number | Nature of the assignment (A, B, C and/or D) |
|---|---|---|
First Software - F-cap2025 - 3 / 55
F-cap 3.1
ANNUAL ACCOUNTS
BALANCE SHEET AFTER APPROPRIATION
| Discl. | Codes | Period | Preceding period | |
|---|---|---|---|---|
| ASSETS | ||||
| Formation expenses | 6.1 | 20 | 405.952,60 | 1.380.238,80 |
| FIXED ASSETS | 21/28 | 172.301.282,33 | 177.978.646,89 | |
| Intangible fixed assets | 6.2 | 21 | 11.826.927,45 | 14.418.229,05 |
| Tangible fixed assets | 6.3 | 22/27 | 26.549.206,10 | 27.306.657,72 |
| Land and buildings | 22 | 12.073.976,48 | 12.514.252,24 | |
| Plant, machinery and equipment | 23 | 11.945.090,70 | 11.282.843,55 | |
| Furniture and vehicles | 24 | 1.655.993,49 | 1.982.928,40 | |
| Leasing and similar rights | 25 | 12.635,63 | ||
| Other tangible fixed assets | 26 | |||
| Assets under construction and advance payments | 27 | 874.145,43 | 1.513.997,90 | |
| Financial fixed assets | 6.4/6.5.1 | 28 | 133.925.148,78 | 136.253.760,12 |
| Affiliated enterprises | 6.15 | 280/1 | 133.808.091,41 | 136.136.702,75 |
| Participating interests | 280 | 43.540.136,56 | 43.490.137,56 | |
| Amounts receivable | 281 | 90.267.954,85 | 92.646.565,19 | |
| Enterprises linked by participating interests | 6.15 | 282/3 | ||
| Participating interests | 282 | |||
| Amounts receivable | 283 | |||
| Other financial assets | 284/8 | 117.057,37 | 117.057,37 | |
| Shares | 284 | |||
| Amounts receivable and cash guarantees | 285/8 | 117.057,37 | 117.057,37 |
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F-cap 3.1
| Discl. | Codes | Period | Preceding period | |
|---|---|---|---|---|
| CURRENT ASSETS | 29/58 | 221.975.645,08 | 196.131.807,54 | |
| Amounts receivable after more than one year | 29 | 4.884.393,82 | 9.235.518,88 | |
| Trade debtors | 290 | |||
| Other amounts receivable | 291 | 4.884.393,82 | 9.235.518,88 | |
| Stocks and contracts in progress | 3 | 4.453.863,15 | 4.688.351,85 | |
| Stocks | 30/36 | 4.453.863,15 | 4.688.351,85 | |
| Raw materials and consumables | 30/31 | 2.939.316,28 | 3.160.510,45 | |
| Work in progress | 32 | 706.672,84 | 815.317,47 | |
| Finished goods | 33 | 766.570,23 | 666.713,53 | |
| Goods purchased for resale | 34 | 41.303,80 | 45.810,40 | |
| Immovable property intended for sale | 35 | |||
| Advance payments | 36 | |||
| Contracts in progress | 37 | |||
| Amounts receivable within one year | 40/41 | 89.360.986,40 | 95.842.664,83 | |
| Trade debtors | 40 | 46.510.772,09 | 55.767.179,31 | |
| Other amounts receivable | 41 | 42.850.214,31 | 40.075.485,52 | |
| Current investments | 50/53 | 5.151,49 | 9.053,42 | |
| Own shares | 50 | |||
| Other investments | 51/53 | 5.151,49 | 9.053,42 | |
| Cash at bank and in hand | 54/58 | 118.999.477,64 | 81.970.436,24 | |
| Deferred charges and accrued income | 490/1 | 4.271.772,58 | 4.385.782,32 | |
| TOTAL ASSETS | 20/58 | 394.682.880,01 | 375.490.693,23 |
First Software - F-cap2025 - 5 / 55
F-cap 3.2
| Equity and Liabilities | Discl. | Codes | Period | Preceding period |
|---|---|---|---|---|
| Equity | 10/15 | 259.827.028,52 | 248.596.374,68 | |
| Contribution | 6.7.1 | 10/11 | 214.453.122,74 | 244.453.122,74 |
| Capital | 10 | 4.487.050,49 | 4.487.050,49 | |
| Issued capital | 100 | 4.487.050,49 | 4.487.050,49 | |
| Uncalled capital 4 | 101 | |||
| Outside the capital | 11 | 209.966.072,25 | 239.966.072,25 | |
| Share premium account | 1100/10 | 209.966.072,25 | 239.966.072,25 | |
| Others | 1100/19 | |||
| Revaluation surpluses | 12 | |||
| Reserves | 13 | 30.448.705,05 | 471.134,58 | |
| Reserves not available | 130/1 | 30.448.705,05 | 471.134,58 | |
| Legal reserve | 130 | 448.705,05 | 471.134,58 | |
| Reserves statutorily not available | 1311 | 30.000.000,00 | ||
| Aquisition of own shares | 1312 | |||
| Financial support | 1313 | |||
| Other | 1319 | |||
| Untaxed reserves | 132 | |||
| Available reserves | 133 | |||
| Accumulated profits (losses) | (+)/(-) | 14 | 14.908.473,10 | 3.653.734,77 |
| Investment grants | 15 | 16.727,63 | 18.382,59 | |
| Advance to associates on the sharing out of the assets 5 | 19 | |||
| PROVISIONS AND DEFERRED TAXES | 16 | 256.362,65 | 431.579,53 | |
| Provisions for liabilities and charges | 160/5 | 250.786,77 | 425.452,00 | |
| Pensions and similar obligations | 160 | |||
| Taxation | 161 | |||
| Major repairs and maintenance | 162 | |||
| Environmental obligations | 163 | |||
| Other liabilities and charges | 6.8 | 164/5 | 250.786,77 | 425.452,00 |
| Deferred taxes | 168 | 5.575,88 | 6.127,53 |
4 Amount to substract of the issued capital
5 Amount to substract from the other part of the equity
First Software - F-cap2025 - 6 / 55
F-cap 3.2
| Discl. | Codes | Period | Preceding period | |
|---|---|---|---|---|
| AMOUNTS PAYABLE | 17/49 | 134.599.488,84 | 126.462.739,02 | |
| Amounts payable after more than one year | 6.9 | 17 | 58.596.096,37 | 29.839.347,19 |
| Financial debts | 170/4 | 49.674.594,63 | 23.105.077,83 | |
| Subordinated loans | 170 | |||
| Unsubordinated debentures | 171 | |||
| Leasing and other similar obligations | 172 | |||
| Credit institutions | 173 | 49.674.594,63 | 23.105.077,83 | |
| Other loans | 174 | |||
| Trade debts | 175 | |||
| Suppliers | 1750 | |||
| Bills of exchange payable | 1751 | |||
| Advances received on contracts in progress | 176 | |||
| Other amounts payable | 178/9 | 8.921.501,74 | 6.734.269,36 | |
| Amounts payable within one year | 6.9 | 42/48 | 33.088.810,46 | 51.824.301,66 |
| Current portion of amounts payable after more than one year falling due within one year | 42 | 7.759.154,78 | 9.284.902,39 | |
| Financial debts | 43 | |||
| Credit institutions | 430/8 | |||
| Other loans | 439 | |||
| Trade debts | 44 | 15.423.299,08 | 26.465.928,01 | |
| Suppliers | 440/4 | 15.423.299,08 | 26.465.928,01 | |
| Bills of exchange payable | 441 | |||
| Advances received on contracts in progress | 46 | 67.839,99 | 98.368,33 | |
| Taxes, remuneration and social security | 6.9 | 45 | 8.167.007,96 | 8.015.968,34 |
| Taxes | 450/3 | 333.131,31 | 180.119,03 | |
| Remuneration and social security | 454/9 | 7.833.876,65 | 7.835.849,31 | |
| Other amounts payable | 47/48 | 1.671.508,65 | 7.959.134,59 | |
| Accruals and deferred income | 6.9 | 492/3 | 42.914.582,01 | 44.799.090,17 |
| TOTAL LIABILITIES | 10/49 | 394.682.880,01 | 375.490.693,23 |
First Software - F-cap2025 - 7 / 55
F-cap 4
INCOME STATEMENT
| Discl. | Codes | Period | Preceding period | |
|---|---|---|---|---|
| Operating income | 70/76A | 210.929.312,52 | 207.792.558,08 | |
| Turnover | 6.10 | 70 | 181.049.952,08 | 180.551.677,94 |
| Stocks of finished goods and work and contracts in progress: increase (decrease) | (+)/(-) | 71 | -8.787,93 | 60.296,52 |
| Own work capitalised | 72 | 24.478.819,66 | 21.365.177,04 | |
| Other operating income | 6.10 | 74 | 5.409.328,71 | 5.815.406,58 |
| Non-recurring operating income | 6.12 | 76A | ||
| Operating charges | 60/66A | 203.107.460,80 | 201.627.069,28 | |
| Raw materials, consumables | 60 | 41.516.353,81 | 43.052.112,45 | |
| Purchases | 600/8 | 41.234.639,73 | 42.990.950,55 | |
| Stocks: decrease (increase) | (+)/(-) | 609 | 281.714,08 | 61.161,90 |
| Services and other goods | 61 | 62.314.871,61 | 64.980.290,01 | |
| Remuneration, social security costs and pensions | (+)/(-) | 62 | 63.397.391,09 | 62.109.048,96 |
| Depreciation of and other amounts written off formation expenses, intangible and tangible fixed assets | 630 | 32.918.869,00 | 30.179.467,69 | |
| Amounts written off stocks, contracts in progress and trade debtors: Appropriations (write-backs) | (+)/(-) | 631/4 | 24.733,24 | 128.586,14 |
| Provisions for liabilities and charges: Appropriations (uses and write-backs) | (+)/(-) | 635/8 | -174.665,23 | -50.230,00 |
| Other operating charges | 6.10 | 640/8 | 398.645,87 | 523.236,90 |
| Operating charges carried to assets as restructuring costs(-) | 649 | |||
| Non-recurring operating charges | 6.12 | 66A | 2.711.261,41 | 704.557,13 |
| Operating profit (loss) | (+)/(-) | 9901 | 7.821.851,72 | 6.165.488,80 |
First Software - F-cap2025 - 8 / 55
F-cap 4
| Discl. | Codes | Period | Preceding period | |
|---|---|---|---|---|
| Financial income | 75/76B | 21.431.516,94 | 29.778.040,78 | |
| Recurring financial income | 75 | 21.431.516,94 | 29.778.040,78 | |
| Income from financial fixed assets | 750 | 5.618.970,01 | 18.150.899,21 | |
| Income from current assets | 751 | 6.825.964,36 | 4.328.134,72 | |
| Other financial income | 6.11 | 752/9 | 8.986.582,57 | 7.299.006,85 |
| Non-recurring financial income | 6.12 | 76B | ||
| Financial charges | 65/66B | 17.738.176,75 | 23.126.552,06 | |
| Recurring financial charges | 6.11 | 65 | 15.158.176,75 | 6.481.304,84 |
| Debt charges | 650 | 1.378.234,55 | 1.326.935,40 | |
| Amounts written off current assets except stocks, contracts in progress and trade debtors: appropriations (write-backs) | (+)/(-) | 651 | ||
| Other financial charges | 652/9 | 13.779.942,20 | 5.154.369,44 | |
| Non-recurring financial charges | 6.12 | 66B | 2.580.000,00 | 16.645.247,22 |
| Gain (loss) for the period before taxes | (+)/(-) | 9903 | 11.515.191,91 | 12.816.977,52 |
| Transfer from deferred taxes | 780 | 551,65 | 551,66 | |
| Transfer to deferred taxes | 680 | |||
| Income taxes | (+)/(-) | 6.13 | 67/77 | 283.434,76 |
| Taxes | 670/3 | 283.434,76 | 194.644,64 | |
| Adjustment of income taxes and write-back of tax provisions | 77 | |||
| Gain (loss) of the period | (+)/(-) | 9904 | 11.232.308,80 | 12.622.884,54 |
| Transfer from untaxed reserves | 789 | |||
| Transfer to untaxed reserves | 689 | |||
| Gain (loss) of the period available for appropriation | (+)/(-) | 9905 | 11.232.308,80 | 12.622.884,54 |
First Software - F-cap2025 - 9 / 55
F-cap 5
APPROPRIATION ACCOUNT
Profit (loss) to be appropriated $(+)/(-)$
Gain (loss) of the period available for appropriation $(+)/(-)$
Profit (loss) brought forward $(+)/(-)$
Withdrawals from capital and reserves
on the contribution
from reserves
Transfer to capital and reserves
to the contribution
to legal reserve
to other reserves
Profit (loss) to be carried forward $(+)/(-)$
Owners' contribution in respect of losses
Profit to be distributed
Dividends
Directors' or managers' entitlements
Employees
Other beneficiaries
| Codes | Period | Preceding period |
|---|---|---|
| 9906 | 14.886.043,57 | 3.846.036,60 |
| (9905) | 11.232.308,80 | 12.622.884,54 |
| 14P | 3.653.734,77 | -8.776.847,94 |
| 791/2 | 30.022.429,53 | |
| 791 | 30.000.000,00 | |
| 792 | 22.429,53 | |
| 691/2 | 30.000.000,00 | 192.301,83 |
| 691 | ||
| 6920 | 192.301,83 | |
| 6921 | 30.000.000,00 | |
| (14) | 14.908.473,10 | 3.653.734,77 |
| 794 | ||
| 694/7 | ||
| 694 | ||
| 695 | ||
| 696 | ||
| 697 |
First Software - F-cap2025 - 10 / 55
F-cap 6.1
EXPLANATORY DISCLOSURES
STATEMENT OF FORMATION EXPENSES OR CAPITAL INCREASE EXPENSES, LOAN ISSUE EXPENSES AND RESTRUCTURING COSTS
Net book value at the end of the period
Movements during the period
New expenses incurred
Depreciation
Other $(+)/(-)$
Net book value at the end of the period
Of which
Formation or capital increase expenses, loan issue expenses and other formation expenses
Restructuring costs
| Codes | Period | Preceding period |
|---|---|---|
| 20P | xxxxxxxxxxxxxx | 1.380.238,80 |
| 8002 | ... | |
| 8003 | 974.286,20 | |
| 8004 | ... | |
| (20) | 405.952,60 | |
| 200/2 | ... | |
| 204 | ... |
First Software - F-cap2025 - 11 / 55
F-cap 6.2.1
STATEMENT OF INTANGIBLE FIXED ASSETS
DEVELOPMENT COSTS
Acquisition value at the end of the period
Movements during the period
Acquisitions, including produced fixed assets
Sales and disposals
Transfers from one heading to another $(+)/(-)$
Acquisition value at the end of the period
Depreciations and amounts written down at the end of the period
Recorded
Written back
Acquisitions from third parties
Cancelled owing to sales and disposals
Transferred from one heading to another $(+)/(-)$
Depreciations and amounts written down at the end of the period
NET BOOK VALUE AT THE END OF THE PERIOD
| Codes | Period | Preceding period |
|---|---|---|
| 8051P | xxxxxxxxxxxxxx | 20.700.000,00 |
| 8021 | 23.704.000,00 | |
| 8031 | 20.700.000,00 | |
| 8041 | ... | |
| 8051 | 23.704.000,00 | |
| 8121P | xxxxxxxxxxxxxx | 20.700.000,00 |
| 8071 | 23.704.000,00 | |
| 8081 | ... | |
| 8091 | ... | |
| 8101 | 20.700.000,00 | |
| 8111 | ... | |
| 8121 | 23.704.000,00 | |
| 81311 | ... |
First Software - F-cap2025 - 12 / 55
F-cap 6.2.2
RESEARCH COSTS INCURRED IN A FINANCIAL YEAR BEGINNING BEFORE 1 JANUARY 2016
Acquisitions, including produced fixed assets
Sales and disposals
Transfers from one heading to another $(+)/(-)$
Recorded
Written back
Acquisitions from third parties
Cancelled owing to sales and disposals
Transferred from one heading to another $(+)/(-)$
NET BOOK VALUE AT THE END OF THE PERIOD
| Codes | Period | Preceding period |
|---|---|---|
| 8055P | xxxxxxxxxxxxxx | ... |
| 8025 | ... | |
| 8035 | ... | |
| 8045 | ... | |
| 8055 | ... | |
| 8125P | xxxxxxxxxxxxxx | ... |
| 8075 | ... | |
| 8085 | ... | |
| 8095 | ... | |
| 8105 | ... | |
| 8115 | ... | |
| 8125 | ... | |
| 81312 | ... |
RESEARCH COSTS INCURRED IN A FINANCIAL YEAR BEGINNING AFTER 31 DECEMBER 2015
| Codes | Period |
|---|---|
| 8056 | 184.685.259,05 |
| 8126 | 184.685.259,05 |
| 81313 | ... |
First Software - F-cap2025 - 13 / 55
F-cap 6.2.3
CONCESSIONS, PATENTS, LICENCES, KNOW-HOW, BRANDS AND SIMILAR RIGHTS
Recorded
| Codes | Period | Preceding period |
|---|---|---|
| 8052P | xxxxxxxxxxxxxx | 29.832.708,26 |
| 8022 | 1.967.264,53 | |
| 8032 | 871.673,79 | |
| 8042 | ... | |
| 8052 | 30.928.299,00 | |
| 8122P | xxxxxxxxxxxxxx | 15.414.479,21 |
| 8072 | 4.441.551,01 | |
| 8082 | ... | |
| 8092 | ... | |
| 8102 | 754.658,67 | |
| 8112 | ... | |
| 8122 | 19.101.371,55 | |
| 211 | 11.826.927,45 |
First Software - F-cap2025 - 14 / 55
F-cap 6.2.4
GOODWILL
Recorded
| Codes | Period | Preceding period |
|---|---|---|
| 8053P | xxxxxxxxxxxxxx | 5.400.674,57 |
| 8023 | ... | |
| 8033 | ... | |
| 8043 | ... | |
| 8053 | 5.400.674,57 | |
| 8123P | xxxxxxxxxxxxxx | 5.400.674,57 |
| 8073 | ... | |
| 8083 | ... | |
| 8093 | ... | |
| 8103 | ... | |
| 8113 | ... | |
| 8123 | 5.400.674,57 | |
| 212 | ... |
First Software - F-cap2025 - 15 / 55
F-cap 6.3.1
STATEMENT OF TANGIBLE FIXED ASSETS
LAND AND BUILDINGS
Revaluation surpluses at the end of the period
Recorded
Cancelled
Revaluation surpluses at the end of the period
| Codes | Period | Preceding period |
|---|---|---|
| 8191P | xxxxxxxxxxxxxx | 18.709.646,98 |
| 8161 | 14.937,48 | |
| 8171 | ... | |
| 8181 | ... | |
| 8191 | 18.724.584,46 | |
| 8251P | xxxxxxxxxxxxxx | ... |
| 8211 | ... | |
| 8221 | ... | |
| 8231 | ... | |
| 8241 | ... | |
| 8251 | ... | |
| 8321P | xxxxxxxxxxxxxx | 6.195.394,74 |
| 8271 | 455.213,24 | |
| 8281 | ... | |
| 8291 | ... | |
| 8301 | ... | |
| 8311 | ... | |
| 8321 | 6.650.607,98 | |
| (22) | 12.073.976,48 |
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F-cap 6.3.2
PLANT, MACHINERY AND EQUIPMENT
Cancelled
| Codes | Period | Preceding period |
|---|---|---|
| 8192P | xxxxxxxxxxxxxx | 43.651.371,08 |
| 8162 | 1.585.405,96 | |
| 8172 | 1.080.726,83 | |
| 8182 | 1.575.498,27 | |
| 8192 | 45.731.548,48 | |
| 8252P | xxxxxxxxxxxxxx | ... |
| 8212 | ... | |
| 8222 | ... | |
| 8232 | ... | |
| 8242 | ... | |
| 8252 | ... | |
| 8322P | xxxxxxxxxxxxxx | 32.368.527,53 |
| 8272 | 2.517.801,53 | |
| 8282 | ... | |
| 8292 | ... | |
| 8302 | 1.063.806,31 | |
| 8312 | -36.064,97 | |
| 8322 | 33.786.457,78 | |
| (23) | 11.945.090,70 |
First Software - F-cap2025 - 17 / 55
F-cap 6.3.3
FURNITURE AND VEHICLES
Cancelled
| Codes | Period | Preceding period |
|---|---|---|
| 8193P | xxxxxxxxxxxxxx | 8.774.155,61 |
| 8163 | 466.006,95 | |
| 8173 | 694.947,87 | |
| 8183 | 303.140,65 | |
| 8193 | 8.848.355,34 | |
| 8253P | xxxxxxxxxxxxxx | ... |
| 8213 | ... | |
| 8223 | ... | |
| 8233 | ... | |
| 8243 | ... | |
| 8253 | ... | |
| 8323P | xxxxxxxxxxxxxx | 6.791.227,21 |
| 8273 | 813.381,39 | |
| 8283 | ... | |
| 8293 | ... | |
| 8303 | 691.624,38 | |
| 8313 | 279.377,63 | |
| 8323 | 7.192.361,85 | |
| (24) | 1.655.993,49 |
First Software - F-cap2025 - 18 / 55
F-cap 6.3.4
LEASING AND SIMILAR RIGHTS
Cancelled
OF WHICH
Land and buildings
Plant, machinery and equipment
Furniture and vehicles
| Codes | Period | Preceding period |
|---|---|---|
| 8194P | xxxxxxxxxxxxxx | 270.177,91 |
| 8164 | ... | |
| 8174 | 26.865,25 | |
| 8184 | -243.312,66 | |
| 8194 | ... | |
| 8254P | xxxxxxxxxxxxxx | ... |
| 8214 | ... | |
| 8224 | ... | |
| 8234 | ... | |
| 8244 | ... | |
| 8254 | ... | |
| 8324P | xxxxxxxxxxxxxx | 257.542,28 |
| 8274 | 12.635,63 | |
| 8284 | ... | |
| 8294 | ... | |
| 8304 | 26.865,25 | |
| 8314 | -243.312,66 | |
| 8324 | ... | |
| (25) | ... | |
| 250 | ... | |
| 251 | ... | |
| 252 | ... |
First Software - F-cap2025 - 19 / 55
F-cap 6.3.6
ASSETS UNDER CONSTRUCTION AND ADVANCE PAYMENTS
Cancelled
| Codes | Period | Preceding period |
|---|---|---|
| 8196P | xxxxxxxxxxxxxx | 1.513.997,90 |
| 8166 | 1.118.278,97 | |
| 8176 | 122.805,18 | |
| 8186 | -1.635.326,26 | |
| 8196 | 874.145,43 | |
| 8256P | xxxxxxxxxxxxxx | ... |
| 8216 | ... | |
| 8226 | ... | |
| 8236 | ... | |
| 8246 | ... | |
| 8256 | ... | |
| 8326P | xxxxxxxxxxxxxx | ... |
| 8276 | ... | |
| 8286 | ... | |
| 8296 | ... | |
| 8306 | ... | |
| 8316 | ... | |
| 8326 | ... | |
| (27) | 874.145,43 |
First Software - F-cap2025 - 20 / 55
F-cap 6.4.1
STATEMENT OF FINANCIAL FIXED ASSETS
AFFILIATED ENTERPRISES - PARTICIPATING INTERESTS AND SHARES
Acquisitions
Amounts written down at the end of the period
Amounts written down at the end of the period
Uncalled amounts at the end of the period
Movements during the period $(+)/(-)$
Uncalled amounts at the end of the period
AFFILIATED ENTERPRISES - AMOUNTS RECEIVABLE
Additions
Repayments
Amounts written down
Amounts written back
Exchange differences $(+)/(-)$
Other movements $(+)/(-)$
ACCUMULATED AMOUNTS WRITTEN OFF AMOUNTS RECEIVABLE AT END OF THE PERIOD
| Codes | Period | Preceding period |
|---|---|---|
| 8391P | xxxxxxxxxxxxxx | 71.294.661,17 |
| 8361 | 50.000,00 | |
| 8371 | 10.770.844,22 | |
| 8381 | ... | |
| 8391 | 60.573.816,95 | |
| 8451P | xxxxxxxxxxxxxx | ... |
| 8411 | ... | |
| 8421 | ... | |
| 8431 | ... | |
| 8441 | ... | |
| 8451 | ... | |
| 8521P | xxxxxxxxxxxxxx | 27.804.523,61 |
| 8471 | ... | |
| 8481 | ... | |
| 8491 | ... | |
| 8501 | 10.770.843,22 | |
| 8511 | ... | |
| 8521 | 17.033.680,39 | |
| 8551P | xxxxxxxxxxxxxx | ... |
| 8541 | ... | |
| 8551 | ... | |
| (280) | 43.540.136,56 | |
| 281P | xxxxxxxxxxxxxx | 92.646.565,19 |
| 8581 | 20.193.340,25 | |
| 8591 | ... | |
| 8601 | 2.580.000,00 | |
| 8611 | ... | |
| 8621 | -3.060.840,50 | |
| 8631 | -16.931.110,09 | |
| (281) | 90.267.954,85 | |
| 8651 | 2.580.000,00 |
First Software - F-cap2025 - 21 / 55
F-cap 6.4.2
ENTERPRISES LINKED BY A PARTICIPATING INTEREST - PARTICIPATING INTERESTS AND SHARES
Acquisitions
Movements during the period $(+)/(-)$
ENTERPRISES LINKED BY A PARTICIPATING INTEREST - AMOUNTS RECEIVABLE
Additions
Repayments
Amounts written down
Amounts written back
Exchange differences $(+)/(-)$
Other movements $(+)/(-)$
ACCUMULATED AMOUNTS WRITTEN OFF AMOUNTS RECEIVABLE AT END OF THE PERIOD
| Codes | Period | Preceding period |
|---|---|---|
| 8392P | xxxxxxxxxxxxxx | 36.000,00 |
| 8362 | ... | |
| 8372 | ... | |
| 8382 | ... | |
| 8392 | 36.000,00 | |
| 8452P | xxxxxxxxxxxxxx | ... |
| 8412 | ... | |
| 8422 | ... | |
| 8432 | ... | |
| 8442 | ... | |
| 8452 | ... | |
| 8522P | xxxxxxxxxxxxxx | 36.000,00 |
| 8472 | ... | |
| 8482 | ... | |
| 8492 | ... | |
| 8502 | ... | |
| 8512 | ... | |
| 8522 | 36.000,00 | |
| 8552P | xxxxxxxxxxxxxx | ... |
| 8542 | ... | |
| 8552 | ... | |
| (282) | ... | |
| 283P | xxxxxxxxxxxxxx | ... |
| 8582 | ... | |
| 8592 | ... | |
| 8602 | ... | |
| 8612 | ... | |
| 8622 | ... | |
| 8632 | ... | |
| (283) | ... | |
| 8652 | ... |
First Software - F-cap2025 - 22 / 55
F-cap 6.4.3
OTHER ENTERPRISES - PARTICIPATING INTERESTS AND SHARES
OTHERS ENTERPRISES - AMOUNTS RECEIVABLE
Additions
ACCUMULATED AMOUNTS WRITTEN OFF AMOUNTS RECEIVABLE AT END OF THE PERIOD
| Codes | Period | Preceding period |
|---|---|---|
| 8393P | xxxxxxxxxxxxxx | 3.289.036,36 |
| 8363 | ... | |
| 8373 | ... | |
| 8383 | ... | |
| 8393 | 3.289.036,36 | |
| 8453P | xxxxxxxxxxxxxx | ... |
| 8413 | ... | |
| 8423 | ... | |
| 8433 | ... | |
| 8443 | ... | |
| 8453 | ... | |
| 8523P | xxxxxxxxxxxxxx | 3.289.036,36 |
| 8473 | ... | |
| 8483 | ... | |
| 8493 | ... | |
| 8503 | ... | |
| 8513 | ... | |
| 8523 | 3.289.036,36 | |
| 8553P | xxxxxxxxxxxxxx | ... |
| 8543 | ... | |
| 8553 | ... | |
| (284) | ... | |
| 285/8P | xxxxxxxxxxxxxx | 117.057,37 |
| 8583 | ... | |
| 8593 | ... | |
| 8603 | ... | |
| 8613 | ... | |
| 8623 | ... | |
| 8633 | ... | |
| (285/8) | 117.057,37 | |
| 8653 | ... |
First Software - F-cap2025 - 23 / 55
F- cap 6.5.1
PARTICIPATING INTERESTS INFORMATION
PARTICIPATING INTERESTS AND SHARES IN OTHER ENTERPRISES
The following list mentions the companies in which the company holds a participating interest (recorded in headings 280 and 282 of assets), as well as the companies in which the company holds rights (recorded in headings 284 and 51/53 of assets) for an amount of at least 10% of the capital, the equity or a class of shares of the company.
| NAME, full address of the REGISTERED OFFICE and for an enterprise governed by Belgian law, the COMPANY IDENTIFICATION NUMBER | Rights held | Data extracted from the most recent annual accounts | ||||||
|---|---|---|---|---|---|---|---|---|
| Nature | directly | subsidiaries | Annual accounts as per | Currency code | Capita land reserves | Net result | ||
| Number | % | % | (+) or (-) (in units) | |||||
| Materialise GmbH | ||||||||
| DE812903991 | ||||||||
| Foreign company | ||||||||
| Friedrichshafen Strasse 3, 82205 | ||||||||
| Gilching, Germany | registered shares | 1 | 100 | 31/12/2024 | EUR | 10.033.051,52 | 1.360.332,13 | |
| OBL SAS | ||||||||
| FR62410081517 | ||||||||
| Foreign company | ||||||||
| Avenue de la République 70-86, | ||||||||
| 92320 Chatillon, France | registered shares | 8.892 | 100 | 31/12/2024 | EUR | 1.978.729,00 | 223.336,00 | |
| Materialise Czech Republic SRO | ||||||||
| CZ27102262 | ||||||||
| Foreign company | ||||||||
| Predlicka 460 box 22, 400 02 Usti | ||||||||
| Nad Labem, Czech Republic | registered shares | 1 | 100 | 31/12/2024 | CZK | 47.267.000,00 | 2.988.000,00 | |
| Materialise Japan K.K. | ||||||||
| Foreign company | ||||||||
| Yokohama Portside Bldg Sackacho | ||||||||
| 8, 221005 Yokohama, Japan | registered shares | 1.000 | 100 | 31/12/2025 | JPY | 112.926.898,00 | 20.039.971,00 | |
| Materialise France SAS | ||||||||
| FR71417676814 | ||||||||
| Foreign company | ||||||||
| ZAE 2000 - Allée Germinal, 26320 | ||||||||
| Saint Marcel Les Valence, France | registered shares | 13.000 | 100 | 31/12/2024 | EUR | 887.312,00 | 183.857,00 | |
| Materialise USA, LLC | ||||||||
| Foreign company | ||||||||
| Helm Court 44650, MI48170 | ||||||||
| Plymouth, United States | registered shares | 1.000 | 99 | 31/12/2025 | USD | 19.062.297,00 | -415.223,00 |
First Software - F-cap2025 - 24 / 55
F- cap 6.5.1
PARTICIPATING INTERESTS AND SHARES IN OTHER ENTERPRISES (CONTINUED)
| NAME, full address of the REGISTERED OFFICE and for an enterprise governed by Belgian law, the COMPANY IDENTIFICATION NUMBER | Rights held | Data extracted from the most recent annual accounts | ||||||
|---|---|---|---|---|---|---|---|---|
| Nature | directly | subsidiaries | Annual accounts as per | Currency code | Capita land reserves | Net result | ||
| Number | % | % | (+) or (-) (in units) | |||||
| Materialise Austria GmbH | ||||||||
| ATU63852129 | ||||||||
| Foreign company | ||||||||
| Gutheil-Schoder-Gasse 17, 1230 | ||||||||
| Vienna, Austria | registered shares | 1 | 100 | 31/12/2024 | EUR | 85.099,96 | 50.099,96 | |
| Materialise Malaysia SDN. Bhd. | ||||||||
| Foreign company | ||||||||
| Jalan PJU 8/8A, Damansara | ||||||||
| Perdana Unit 5-02 box 4, 47820 | ||||||||
| Petaling Jaya Selangor Darul | ||||||||
| Ehsan, Malaysia | registered shares | 500.000 | 100 | 31/12/2024 | MYR | 3.909.710,00 | 890.652,00 | |
| Materialise Ukraine LLC | ||||||||
| Foreign company | ||||||||
| Raisy Okypnoi Street 8 box A, | ||||||||
| 02002 Kyiv, Ukraine | registered shares | 5.254.96 | ||||||
| 3 | 100 | 31/12/2025 | UAH | 14.832.000,00 | 577.300,00 | |||
| RapidFit NV | ||||||||
| 0521.673.324 | ||||||||
| Public limited company | ||||||||
| Technologielaan 15, 3001 | ||||||||
| Heverlee, Belgium | registered shares | 8.033 | 100 | 31/12/2024 | EUR | -9.103.644,02 | -1.341.230,65 | |
| Materialise Colombia SAS | ||||||||
| Foreign company | ||||||||
| Calle 29 N° 41-105 - Edif. Soho | ||||||||
| Interior 401, Medellin Medellin, Colombia | registered shares | 1.040.60 | ||||||
| 4.081 | 100 | 31/12/2024 | COP | 1.413.814.062,00 | 214.992.225,00 | |||
| Materialise SA | ||||||||
| PL8982097613 | ||||||||
| Foreign company | ||||||||
| Bielany Wroclawskie Ul. Belgijska | ||||||||
| 1, 54-413 Wroclaw, Poland | registered shares | 1.684.60 | ||||||
| 0 | 100 | 31/12/2024 | PLN | 46.841.408,74 | 3.882.232,45 | |||
| Materialise Motion | ||||||||
| 0551.855.071 | ||||||||
| Public limited company | ||||||||
| De Weven 7, 3883 Paal, Belgium | registered shares | 4.000 | 100 | 31/12/2024 | EUR | -3.522.686,00 | -2.340.846,00 |
First Software - F-cap2025 - 25 / 55
PARTICIPATING INTERESTS AND SHARES IN OTHER ENTERPRISES (CONTINUED)
First Software - F-cap2025 - 26 / 55
First Software - F-cap2025 - 27 / 55
F-cap 6.6
OTHER INVESTMENTS AND DEPOSITS, ALLOCATION DEFERRED CHARGES AND ACCRUED INCOME
INVESTMENTS: OTHER INVESTMENTS AND DEPOSITS
Shares and current investments other than fixed income investments ...
Shares - Book value increased with the uncalled amount
Shares - Uncalled amount
Precious metals and works of art
Fixed income securities
Fixed income securities issued by credit institutions
Fixed term accounts with credit institutions
With residual term or notice of withdrawal
up to one month
between one month and one year
over one year
Other investments not mentioned above
| Codes | Period | Preceding period |
|---|---|---|
| 51 | ... | ... |
| 8681 | ... | ... |
| 8682 | ... | ... |
| 8683 | ... | ... |
| 52 | ... | ... |
| 8684 | ... | ... |
| 53 | 5.151,49 | 9.053,42 |
| 8686 | ... | ... |
| 8687 | ... | ... |
| 8688 | 5.151,49 | 9.053,42 |
| 8689 | ... | ... |
DEFERRED CHARGES AND ACCRUED INCOME
Allocation of heading 490/1 of assets if the amount is significant
Revenue receivable 81.472,08
Deferred Charges 4.190.300,50
First Software - F-cap2025 - 28 / 55
F-cap 6.7.1
STATEMENT OF CAPITAL AND SHAREHOLDING STRUCTURE
STATEMENT OF CAPITAL
Capital
Issued capital at the end of the period
Issued capital at the end of the period
Changes during the period
Structure of the capital
Different categories of shares
Nominal shares
Registered shares
Shares dematerialized
| Codes | Period | Preceding period |
|---|---|---|
| 100P | ||
| (100) | xxxxxxxxxxxxxx | |
| 4.487.050,49 | 4.487.050,49 | |
| Codes | Value | Number of shares |
| --- | --- | --- |
| 30.000.000,00 | ||
| -30.000.000,00 | ||
| 59.067.186,00 | 59.067.186 | |
| 8702 | xxxxxxxxxxxxxx | |
| 8703 | xxxxxxxxxxxxxx |
Capital not paid
Uncalled capital
Called up capital, unpaid
Shareholders having yet to pay up in full
| Codes | Uncalled amount | Capital called but not paid |
|---|---|---|
| (101) | ... | xxxxxxxxxxxxxx |
| 8712 | xxxxxxxxxxxxxx | ... |
| ... | ... | |
| ... | ... | |
| ... | ... | |
| ... | ... |
Own shares
Held by the company itself
Amount of capital held
Corresponding number of shares
Held by the subsidiaries
Amount of capital held
Corresponding number of shares
Commitments to issue shares
Owing to the exercise of conversion rights
Amount of outstanding convertible loans
Amount of capital to be subscribed
Corresponding maximum number of shares to be issued
Owing to the exercise of subscription rights
Number of outstanding subscription rights
Amount of capital to be subscribed
Corresponding maximum number of shares to be issued
Authorized capital not issued
| Codes | Period |
|---|---|
| 8721 | ... |
| 8722 | ... |
| 8731 | ... |
| 8732 | ... |
| 8740 | ... |
| 8741 | ... |
| 8742 | ... |
| 8745 | ... |
| 8746 | ... |
| 8747 | ... |
| 8751 | ... |
First Software - F-cap2025 - 29 / 55
F-cap 6.7.1
Shares issued, non representing capital
Distribution
Number of shares
Number of voting rights attached thereto
Allocation by shareholder
Number of shares held by the company itself
Number of shares held by its subsidiaries
| Codes | Period |
|---|---|
| 8761 | ... |
| 8762 | ... |
| 8771 | ... |
| 8781 | ... |
Supplementary explanation relating to the contribution (including the industry contribution)
| Period |
|---|
| ... |
| ... |
| ... |
| ... |
First Software - F-cap2025 - 30 / 55
Nr. 0441.131.254
F-cap 6.8
PROVISIONS FOR OTHER LIABILITIES AND CHARGES
ANALYSIS OF THE HEADING 164/5 OF LIABILITIES IF THE AMOUNT IS SIGNIFICANT
Retention Bonus
| Period |
|---|
| 250.786,77 |
First Software - F-cap2025 - 31 / 55
F-cap 6.9
STATEMENT OF AMOUNTS PAYABLE, ACCRUED CHARGES AND DEFERRED INCOME
| Codes | Period | |
|---|---|---|
| BREAKDOWN OF AMOUNTS PAYABLE WITH AN ORIGINAL PERIOD TO MATURITY OF MORE THAN ONE YEAR, ACCORDING TO THEIR RESIDUAL TERM | ||
| Current portion of amounts payable after more than one year falling due within one year | ||
| Financial debts | 8801 | 7.759.154,78 |
| Subordinated loans | 8811 | |
| Unsubordinated debentures | 8821 | |
| Leasing and other similar obligations | 8831 | |
| Credit institutions | 8841 | 7.759.154,78 |
| Other loans | 8851 | |
| Trade debts | 8861 | |
| Suppliers | 8871 | |
| Bills of exchange payable | 8881 | |
| Advance payments received on contract in progress | 8891 | |
| Other amounts payable | 8901 | |
| Total current portion of amounts payable after more than one year falling due within one year | (42) | 7.759.154,78 |
| Amounts payable with a remaining term of more than one but not more than five years | ||
| Financial debts | 8802 | 31.071.772,39 |
| Subordinated loans | 8812 | |
| Unsubordinated debentures | 8822 | |
| Leasing and other similar obligations | 8832 | |
| Credit institutions | 8842 | 31.071.772,39 |
| Other loans | 8852 | |
| Trade debts | 8862 | |
| Suppliers | 8872 | |
| Bills of exchange payable | 8882 | |
| Advance payments received on contracts in progress | 8892 | |
| Other amounts payable | 8902 | 8.921.501,74 |
| Total amounts payable with a remaining term of more than one but not more than five years | 8912 | 39.993.274,13 |
| Amounts payable with a remaining term of more than five years | ||
| Financial debts | 8803 | 18.602.822,24 |
| Subordinated loans | 8813 | |
| Unsubordinated debentures | 8823 | |
| Leasing and other similar obligations | 8833 | |
| Credit institutions | 8843 | 18.602.822,24 |
| Other loans | 8853 | |
| Trade debts | 8863 | |
| Suppliers | 8873 | |
| Bills of exchange payable | 8883 | |
| Advance payments received on contracts in progress | 8893 | |
| Other amounts payable | 8903 | |
| Total amounts payable with a remaining term of more than five years | 8913 | 18.602.822,24 |
First Software - F-cap2025 - 32 / 55
F-cap 6.9
GUARANTEED AMOUNTS PAYABLE (included in headings 17 and 42/48 of the liabilities)
Amounts payable guaranteed by Belgian public authorities
Financial debts
Subordinated loans
Unsubordinated debentures
Leasing and similar obligations
Credit institutions
Other loans
Trade debts
Suppliers
Bills of exchange payable
Advance payments received on contracts in progress
Remuneration and social security
Other amounts payable
Total amounts payable guaranteed by Belgian public authorities
Amounts payable guaranteed by real securities or irrevocably promised by the enterprise on its own assets
Financial debts
Subordinated loans
Unsubordinated debentures
Leasing and similar obligations
Credit institutions
Other loans
Trade debts
Suppliers
Bills of exchange payable
Advance payments received on contracts in progress
Taxes, remuneration and social security
Taxes
Remuneration and social security
Other amounts payable
Total amounts payable guaranteed by real securities or irrevocably promised by the enterprise on its own assets
| Codes | Period |
|---|---|
| 8921 | ... |
| 8931 | ... |
| 8941 | ... |
| 8951 | ... |
| 8961 | ... |
| 8971 | ... |
| 8981 | ... |
| 8991 | ... |
| 9001 | ... |
| 9011 | ... |
| 9021 | ... |
| 9051 | ... |
| 9061 | ... |
| 8922 | 57.433.749,41 |
| 8932 | ... |
| 8942 | ... |
| 8952 | ... |
| 8962 | 57.433.749,41 |
| 8972 | ... |
| 8982 | ... |
| 8992 | ... |
| 9002 | ... |
| 9012 | ... |
| 9022 | ... |
| 9032 | ... |
| 9042 | ... |
| 9052 | ... |
| 9062 | 57.433.749,41 |
TAXES, REMUNERATION AND SOCIAL SECURITY
Taxes (heading 450/3 and 179 of the liabilities)
Outstanding tax debts
Accruing taxes payable
Estimated taxes payable
Remuneration and social security (headings 454/9 and 179 of the liabilities)
Amounts due to the National Social Security Office
Other amounts payable in respect of remuneration and social security
| Codes | Period |
|---|---|
| 9072 | ... |
| 9073 | 333.131,31 |
| 450 | ... |
| 9076 | ... |
| 9077 | 7.833.876,65 |
First Software - F-cap2025 - 33 / 55
F-cap 6.9
| Period |
|---|
| 42.412.160,05 |
| 357.603,63 |
| 144.818,33 |
ACCRUALS AND DEFERRED INCOME
Allocation of heading 492/3 of liabilities if the amount is significant
Deferred income
deferred grants
Costs to be allocated
First Software - F-cap2025 - 34 / 55
F-cap 6.10
OPERATING RESULTS
OPERATING INCOME
Net turnover
Allocation by categories of activity
Manufacturing
Medical
Software
Allocation into geographical markets
EMEA
AsiaPacific
America's
Other operating income
Operating subsidies and compensatory amounts received from public authorities
OPERATING CHARGES
Employees for whom the enterprise submitted a DIMONA declaration or who are recorded in the general personnel register
Total number at the closing date
Average number of employees calculated in full-time equivalents
Number of actual worked hours
Personnel costs
Remuneration and direct social benefits
Employers' contribution for social security
Employers' premiums for extra statutory insurance
Other personnel costs (+)/(-)
Retirement and survivors' pensions
| Codes | Period | Preceding period |
|---|---|---|
| 33.123.173,44 | 38.891.775,68 | |
| 118.199.298,11 | 109.464.121,41 | |
| 29.727.480,53 | 32.495.780,85 | |
| 82.744.033,04 | 92.868.165,45 | |
| 13.093.991,37 | 13.188.580,15 | |
| 85.211.927,66 | 74.494.932,35 | |
| ... | ... | |
| 740 | 3.694.687,31 | 3.935.603,96 |
| 9086 | 628 | 639 |
| 9087 | 605,9 | 621,9 |
| 9088 | 973.331 | 1.011.019 |
| 620 | 45.108.453,47 | 45.115.315,79 |
| 621 | 12.825.612,50 | 11.964.300,94 |
| 622 | 830.751,16 | 790.076,15 |
| 623 | 4.632.573,96 | 4.239.356,08 |
| 624 | ... | ... |
First Software - F-cap2025 - 35 / 55
F-cap 6.10
Provisions for pensions and other similar rights
Appropriations (uses and write-backs) $(+)/(-)$
Amounts written off
Stocks and contracts in progress
Recorded
Written back
Trade debts
Recorded
Written back
Provisions for liabilities and charges
Additions
Uses and write-backs
Other operating charges
Taxes related to operation
Other costs
Hired temporary staff and personnel placed at the enterprise's disposal
Total number at the closing date
Average number calculated in full-time equivalents
Number of actual worked hours
Costs to the enterprise
| Codes | Period | Preceding period |
|---|---|---|
| 635 | ... | ... |
| 9110 | 62.344,38 | 451.459,88 |
| 9111 | 118.357,69 | 166.475,59 |
| 9112 | 1.843.944,94 | 883.982,61 |
| 9113 | 1.763.198,39 | 1.040.380,76 |
| 9115 | 759.005,77 | 425.452,00 |
| 9116 | 933.671,00 | 475.682,00 |
| 640 | 358.690,00 | 473.710,26 |
| 641/8 | 39.955,87 | 49.526,64 |
| 9096 | 14 | 15 |
| 9097 | 13,7 | 15,0 |
| 9098 | 2.707.325 | 2.990.006 |
| 617 | 947.155,66 | 988.752,36 |
First Software - F-cap2025 - 36 / 55
F-cap 6.11
FINANCIAL RESULTS
RECURRING FINANCIAL INCOME
Other financial income
Subsidies granted by public authorities and recorded as income for the period
Capital subsidies ………………………………………… 9125 1.654,96 1.654,96
Interest subsidies ………………………………………… 9126 …………………………
Allocation of other financial income
Currency differences realized …………………………… 754 2.200.924,69 1.115.568,96
Others
Positive payment differences …………………………… 294,02 1.236,22
……………………………………………………………………………… 6.783.708,90 6.180.546,71
……………………………………………………………………………… 6.180.546,71
RECURRING FINANCIAL CHARGES
Depreciation of loan issue expenses …………………………… 6501 …………………………
Capitalized Interests ……………………………………………… 6502 …………………………
Amounts written off current assets
Recorded ………………………………………………………… 6510 …………………………
Written back ………………………………………………………… 6511 …………………………
Other financial charges
Amount of the discount borne by the enterprise, as a result of negotiating amounts receivable ……………………………………………………………… 653 …………………………
Provisions of a financial nature
Appropriations ……………………………………………………… 6560 …………………………
Uses and write-backs …………………………………………………… 6561 …………………………
Allocation of other financial charges
Currency differences realized ………………………………… 654 3.541.696,32 840.541,00
Currency translation differences ……………………………………… 655 10.076.041,33 4.143.279,32
Others
Payment differences …………………………………………………… 397,58 2.279,04
Bank charges …………………………………………………………… 161.533,97 168.270,53
……………………………………………………………………………… 397,58 2.279,04
First Software - F-cap2025 - 37 / 55
F-cap 6.12
INCOME AND CHARGE OF EXCEPTIONAL SIZE OR INCIDENCE
NON RECURRING INCOME
Non-recurring operating income
Write-back of depreciation and of amounts written off intangible and tangible fixed assets
Write-back of provisions for non-recurring operating liabilities and charges
Capital gains on disposal of intangible and tangible fixed asset
Other non-recurring operating income
Non-recurring financial income
Write-back of amounts written down financial fixed assets
Write-back of provisions for non-recurring financial liabilities and charges ...
Capital gains on disposal of financial fixed assets
Other non-recurring financial income
NON-RECURRING EXPENSES
Non-recurring operating charges
Non-recurring depreciation of and amounts written off formation expenses, intangible and tangible fixed assets
Provisions for non-recurring operating liabilities and charges: Appropriations (uses) $(+)/(-)$
Capital losses on disposal of intangible and tangible fixed assets
Other non-recurring operating charges
Non-recurring operating charges carried to assets as restructuring costs $(-)$
Non-recurring financial charges
Amounts written off financial fixed assets
Provisions for non-recurring financial liabilities and charges: Appropriations (uses) $(+)/(-)$
Capital losses on disposal of financial fixed assets
Other non-recurring financial charges
Non-recurring financial charges carried to assets as restructuring costs $(-)$
| Codes | Period | Preceding period |
|---|---|---|
| 76 | ||
| (76A) | ||
| 760 | ||
| 7620 | ||
| 7630 | ||
| 764/8 | ||
| (76B) | ||
| 761 | ||
| 7621 | ||
| 7631 | ||
| 769 | ||
| 66 | 5.291.261,41 | 17.349.804,35 |
| (66A) | 2.711.261,41 | 704.557,13 |
| 660 | ||
| 6620 | ||
| 6630 | 111.261,41 | 11.801,13 |
| 664/7 | 2.600.000,00 | 692.756,00 |
| 6690 | ||
| (66B) | 2.580.000,00 | 16.645.247,22 |
| 661 | 2.580.000,00 | 12.770.843,22 |
| 6621 | ||
| 6631 | 3.874.404,00 | |
| 668 | ||
| 6691 |
First Software - F-cap2025 - 38 / 55
F-cap 6.13
INCOME TAXES AND OTHER TAXES
INCOME TAXES
Income taxes on the result of the period
Income taxes paid and withholding taxes due or paid
Excess of income tax prepayments and withholding taxes paid recorded under assets
Estimated additional taxes
Income taxes on the result of prior periods
Additional income taxes due or paid
Additional income taxes estimated or provided for
In so far as taxes of the period are materially affected by differences between the profit before taxes as stated in annual accounts and the estimated taxable profit
Disallowed expenses .(+)/(-)
Use of exempt tax elements .(+)/(-)
Innovation Income Deduction .(+)/(-)
Tax credit .(+)/(-)
Dividends received .(+)/(-)
Impairment Materialise Motion and Rapidfit .(+)/(-)
| Codes | Period |
|---|---|
| 9134 | 233.284,90 |
| 9135 | 172.883,36 |
| 9136 | |
| 9137 | 60.401,54 |
| 9138 | 50.149,86 |
| 9139 | 50.149,86 |
| 9140 | |
| 11.741.903,00 | |
| -11.570.853,00 | |
| -6.757.628,00 | |
| -793.156,00 | |
| -4.594.338,88 | |
| -5.180.000,00 |
Impact of non recurring results on the amount of the income taxes relating to the current period
Status of deferred taxes
Deferred taxes representing assets
Accumulated tax losses deductible from future taxable profits
Other deferred taxes representing assets
Innovation deduction
Investment deduction
Deferred taxes representing liabilities
Allocation of deferred taxes representing liabilities
| Codes | Period |
|---|---|
| 9141 | 77.983.167,80 |
| 9142 | 13.266.247,90 |
| 64.307.336,42 | |
| 409.583,48 | |
| 9144 | |
VALUE ADDED TAXES AND OTHER TAXES BORNE BY THIRD PARTIES
Value added taxes charged
To the enterprise (deductible)
By the enterprise
Amounts withheld on behalf of third party
For payroll withholding taxes
For withholding taxes on investment income
| Codes | Period | Preceding period |
|---|---|---|
| 9145 | 24.197.079,59 | 19.904.941,91 |
| 9146 | 23.239.842,30 | 18.706.338,21 |
| 9147 | 11.370.303,45 | 11.063.628,71 |
| 9148 | 5.606,10 |
First Software - F-cap2025 - 39 / 55
F-cap 6.14
RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET
PERSONAL GUARANTEES PROVIDED OR IRREVOCABLY PROMISED BY THE ENTERPRISE AS SECURITY FOR DEBTS AND COMMITMENTS OF THIRD PARTIES
Of which
Bills of exchange in circulation endorsed by the enterprise
Bills of exchange in circulation drawn or guaranteed by the enterprise
Maximum amount for which other debts or commitments of third parties are guaranteed by the enterprise
REAL GUARANTEES
Real guarantees provided or irrevocably promised by the enterprise on its own assets as security of debts and commitments of the enterprise
Mortgages
Book value of the immovable properties mortgaged
Amount of registration
Amount of registration by mandate
Pledging of goodwill
Pledging of goodwill - Max amount
Pledging of goodwill - Amount of the registration by mandate
Pledging of other assets
Pledging of other assets - Book value
Pledging of other assets - Max amount
Guarantees provided on future assets
Guarantees provided on future assets - Amount assets involved
Guarantees provided on future assets - Max amount
Seller privilege
Seller privilege - Book value
Seller privilege - Unpaid amount
| Codes | Period |
|---|---|
| 9149 | ... |
| 9150 | ... |
| 9151 | ... |
| 9153 | ... |
| 91611 | 12.073.976,48 |
| 91621 | 21.675.000,00 |
| 91631 | 36.992.372,95 |
| 91711 | ... |
| 91721 | ... |
| 91811 | ... |
| 91821 | ... |
| 91911 | ... |
| 91921 | ... |
| 92011 | ... |
| 92021 | ... |
First Software - F-cap2025 - 40 / 55
Nr. 0441.131.254
F-cap 6.14
Real guarantees provided or irrevocably promised by the enterprise on its own assets as security of debts and commitments of third parties
Mortgages
- Book value of the immovable properties mortgaged ... 91612
- Amount of registration ... 91622
- Amount of registration by mandate ... 91632
Pledging of goodwill
- Pledging of goodwill - Max amount ... 91712
- Pledging of goodwill - Amount of the registration on goodwill pledged by mandate ... 91722
Pledging of other assets
- Pledging of other assets - Book value ... 91812
- Pledging of other assets - Max amount ... 91822
Guarantees provided on future assets
- Guarantees provided on future assets - Amount assets involved ... 91912
- Guarantees provided on future assets - Max amount ... 91922
Seller privilege
- Seller privilege - Book value ... 92012
- Seller privilege - Unpaid amount ... 92022
| Codes | Period |
|---|---|
| 91612 | ... |
| 91622 | ... |
| 91632 | ... |
| 91712 | ... |
| 91722 | ... |
| 91812 | ... |
| 91822 | ... |
| 91912 | ... |
| 91922 | ... |
| 92012 | ... |
| 92022 | ... |
GOODS AND VALUES, NOT DISCLOSED IN THE BALANCE SHEET, HELD BY THIRD PARTIES IN THEIR OWN NAME BUT AT RISK TO AND FOR THE BENEFIT OF THE ENTERPRISE
| Codes | Period |
|---|---|
| 9213 | ... |
| 9214 | ... |
| 9215 | ... |
| 9216 | 461.663,36 |
FORWARD TRANSACTIONS
- Goods purchased (to be received) ... 9213
- Goods sold (to be delivered) ... 9214
- Currencies purchased (to be received) ... 9215
- Currencies sold (to be delivered) ... 9216
First Software - F-cap2025 - 41 / 55
Nr. 0441.131.254
F-cap 6.14
COMMITMENTS RELATING TO TECHNICAL GUARANTEES IN RESPECT OF SALES OR SERVICES
Period
AMOUNT, NATURE AND FORM CONCERNING LITIGATION AND OTHER IMPORTANT COMMITMENTS
Period
SUPPLEMENT RETIREMENTS OR SURVIVORS PENSION PLANS IN FAVOUR OF THE PERSONNEL OR THE EXECUTIVES OF THE ENTERPRISE
Brief description
Measures taken by the enterprise to cover the resulting charges
PENSIONS FUNDED BY THE ENTERPRISE
Estimated amount of the commitments resulting from past services
Methods of estimation
| Codes | Period |
|---|---|
| 9220 | ... |
NATURE AND FINANCIAL IMPACT OF SIGNIFICANT EVENTS AFTER THE CLOSING DATE NOT INCLUDED IN THE BALANCE SHEET OR THE INCOME STATEMENT
| Period |
|---|
| ... |
| ... |
| ... |
First Software - F-cap2025 - 42 / 55
F-cap 6.14
COMMITMENTS TO PURCHASE OR SALE AVAILABLE TO THE COMPANY AS ISSUER OF OPTIONS FOR SALE OR PURCHASE
Period
NATURE, COMMERCIAL OBJECTIVE AND FINANCIAL CONSEQUENCES OF TRANSACTIONS NOT REFLECTED IN THE BALANCE SHEET
Provided that the risks or advantages coming from these transactions are significant and if the disclosure of the risks or advantages is necessary to appreciate the financial situation of the company
Period
OTHER RIGHTS AND COMMITMENTS NOT REFLECTED IN THE BALANCE SHEET (including those which cannot be quantified)
Purchase obligation raw materials
Utility contracts
Guarantee of loans to group companies
Undrawn credit facilities
Obligations from operational leases and rental agreements
The Company has made an unconditional and irrevocable commitment to provide financial support to Materialise Motion NV, RapidFit NV, and Feops NV, in order to enable these subsidiaries to continue their activities at least until the date of the next annual general meeting of Materialise Motion NV, RapidFit NV, and Feops NV.
Period
7.630.026,67
2.235.688,81
4.531.000,00
15.000.000,00
1.215.181,24
First Software - F-cap2025 - 43 / 55
F-cap 6.15
RELATIONSHIPS WITH AFFILIATED ENTERPRISES, ASSOCIATED ENTERPRISES AND OTHERS ENTERPRISES LINKED BY PARTICIPATING INTERESTS
AFFILIATED ENTERPRISES
Financial fixed assets
Participating interests
Subordinated amounts receivable
Other amounts receivable
Amounts receivable
Over one year
Within one year
Current investments
Shares
Amounts receivable
Amounts payable
Over one year
Within one year
Personal and real guarantees
Provided or irrevocably promised by the enterprise as security for debts or commitments of affiliated enterprises
Provided or irrevocably promised by affiliated enterprises as security for debts or commitments of the enterprise
Other significant financial commitments
Financial results
Income from financial fixed assets
Income from current assets
Other financial income
Debt charges
Other financial charges
Disposal of fixed assets
Capital gains obtained
Capital losses suffered
| Codes | Period | Preceding period |
|---|---|---|
| (280/1) | 133.808.091,41 | 136.136.702,75 |
| (280) | 43.540.136,56 | 43.490.137,56 |
| 9271 | ... | ... |
| 9281 | 90.267.954,85 | 92.646.565,19 |
| 9291 | 40.523.041,45 | 41.292.027,43 |
| 9301 | ... | 3.993.835,85 |
| 9311 | 40.523.041,45 | 37.298.191,58 |
| 9321 | ... | ... |
| 9331 | ... | ... |
| 9341 | ... | ... |
| 9351 | 1.671.508,65 | 8.428.582,69 |
| 9361 | ... | ... |
| 9371 | 1.671.508,65 | 8.428.582,69 |
| 9381 | 4.531.000,00 | ... |
| 9391 | ... | ... |
| 9401 | ... | ... |
| 9421 | 4.594.338,88 | 14.042.179,30 |
| 9431 | ... | ... |
| 9441 | ... | ... |
| 9461 | ... | ... |
| 9471 | ... | ... |
| 9481 | ... | ... |
| 9491 | ... | ... |
First Software - F-cap2025 - 44 / 55
F-cap 6.15
ASSOCIATED ENTERPRISES
Financial fixed assets
Participating interests
Subordinated amounts receivable
Other amounts receivable
Amounts receivable
Over one year
Within one year
Amounts payable
Over one year
Within one year
Personal and real guarantees
Provided or irrevocably promised by the enterprise as security for debts or commitments of associated enterprises
Provided or irrevocably promised by associated enterprises as security for debts or commitments of the enterprise
Other significant financial commitments
OTHER ENTERPRISES LINKED BY PARTICIPATING INTERESTS
Financial fixed assets
Participating interests
Subordinated amounts receivable
Other amounts receivable
Amounts receivable
Over one year
Within one year
Amounts payable
Over one year
Within one year
| Codes | Period | Preceding period |
|---|---|---|
| 9253 | ||
| 9263 | ||
| 9273 | ||
| 9283 | ||
| 9293 | ||
| 9303 | ||
| 9313 | ||
| 9353 | ||
| 9363 | ||
| 9373 | ||
| 9383 | ||
| 9393 | ||
| 9403 | ||
| 9252 | ||
| 9262 | ||
| 9272 | ||
| 9282 | ||
| 9292 | ||
| 9302 | ||
| 9312 | ||
| 9352 | ||
| 9362 | ||
| 9372 |
TRANSACTIONS WITH ENTERPRISES LINKED BY PARTICIPATING INTERESTS OUT OF MARKET CONDITIONS
Mention of these transactions if they are significant, including the amount of the transactions, the nature of the link, and all information about the transactions which should be necessary to get a better understanding of the situation of the company
First Software - F-cap2025 - 45 / 55
Nr. 0441.131.254
F-cap 6.16
FINANCIAL RELATIONSHIPS WITH
DIRECTORS, MANAGERS, INDIVIDUALS OR BODIES CORPORATE WHO CONTROL THE ENTERPRISE WITHOUT BEING ASSOCIATED THEREWITH OR OTHER ENTERPRISES CONTROLLED BY THESE PERSONS
Amounts receivable from these persons
Conditions on amounts receivable, rate, duration, possibly reimbursed amounts, canceled amounts or renounced amounts
Guarantees provided in their favour
Other significant commitments undertaken in their favour
Amount of direct and indirect remunerations and pensions, included in the income statement, as long as this disclosure does not concern exclusively or mainly, the situation of a single identifiable person
To directors and managers
To former directors and former managers
| Codes | Period |
|---|---|
| 9500 | ... |
| 9501 | ... |
| 9502 | ... |
| 9503 | ... |
| 9504 | ... |
AUDITORS OR PEOPLE THEY ARE LINKED TO
Auditor's fees
Fees for exceptional services or special missions executed in the company by the auditor
Other attestation missions
Tax consultancy
Other missions external to the audit
Fees for exceptional services or special missions executed in the company by people they are linked to
Other attestation missions
Tax consultancy
Other missions external to the audit
| Codes | Period |
|---|---|
| 9505 | 823.980,40 |
| 95061 | 127.250,00 |
| 95062 | ... |
| 95063 | ... |
| 95081 | ... |
| 95082 | ... |
| 95083 | ... |
Mentions related to article 3:64, §2 and §4 of the Companies and Associations Code
First Software - F-cap2025 - 46 / 55
F-cap 6.17
DERIVATIVES NOT MEASURED AT FAIR VALUE
FOR EACH CATEGORY OF FINANCIAL DERIVATIVES NOT MEASURED AT FAIR VALUE
| Category derivative financial instruments | Hedged risk | Speculation / hedging | Scope | Period: Booked value | Period: Real value | Preceding period: Booked value | Preceding period: Real value |
|---|---|---|---|---|---|---|---|
| IRS | Interest | Hedging | 3000000 | 12.882,83 | |||
| Floor | Interest | Hedging | 3000000 | 13,77 | |||
| FX FWD | exchange rate | Hedging | 3711901 | 3.831.672,14 |
FINANCIAL FIXED ASSETS CARRIED AT AN AMOUNT IN EXCESS OF FAIR VALUE
Amount of individual assets or appropriate groupings of those assets
| Booked value | Real value |
|---|---|
| ... | ... |
| ... | ... |
| ... | ... |
| ... | ... |
Reasons for not reducing the book value
Informations that suggest than the book value will be recovered
First Software - F-cap2025 - 47 / 55
F-cap 6.18.1
INFORMATION RELATING TO CONSOLIDATED ACCOUNTS
INFORMATION TO DISCLOSE BY EACH ENTERPRISE THAT IS SUBJECT TO COMPANY LAW ON THE CONSOLIDATED ACCOUNTS OF ENTERPRISES
The enterprise has prepared and published consolidated accounts and a consolidated report
First Software - F-cap2025 - 48 / 55
F-cap 6.18.2
FINANCIAL RELATIONSHIPS OF THE GROUP LED BY THE ENTERPRISE IN BELGIUM WITH AUDITORS OR WITH PEOPLE THEY ARE LINKED TO
Mentions related to article 3:65, §4 and §5 of the Companies and Associations Code
Auditor's fees according to a mandate at the group level led by the company publishing the information
Fees for exceptional services or special missions executed in these group by the auditor
Other attestation missions
Tax consultancy
Other missions external to the audit
Fees to people auditors are linked to according to the mandate at the group level led by the company publishing the information
Fees for exceptional services or special missions executed in the group by people they are linked to
Other attestation missions
Tax consultancy
Other missions external to the audit
| Codes | Period |
|---|---|
| 9507 | 1.082.414,00 |
| 95071 | 127.250,00 |
| 95072 | ... |
| 95073 | ... |
| 9509 | 216.646,60 |
| 95091 | ... |
| 95092 | ... |
| 95093 | ... |
Mentions related to article 3:64, §2 and §4 and of the Companies and Associations Code
First Software - F-cap2025 - 49 / 55
F-cap 6.19
VALUATION RULES
SUMMERY OF VALUTION RULES AND ADDITIONAL INFORMATION
Principles
The valuation rules have been prepared in accordance with the requirements of the Royal Decree of 29 April 2019 on the enforcement of the Commercial Code.
In order to ensure a true and fair view, the following exceptional cases deviate from the valuation rules set out in this Decree: These deviations are accounted for as follows:
These deviations affect the company's equity, financial position and profit before tax as follows
Valuation rules Research and Development costs: Development costs are capitalized and fully amortized in the same financial year.
Since the company has retained earnings on its balance sheet and achieves a positive result for the year, we see no reason to change the valuation rules within the Company that are based on continuity (going concern). This assumption is justified based on the company's equity of €260 million at the end of 2025 and the results of the sensitivity analyses we have conducted on our projected income statement and balance sheet KPIs.
Special rules
Assets
Formation expenses
Formation expenses are capitalized and depreciated over 5 years.
Restructuring costs are not capitalised.
Intangible fixed Assets
Intangible fixed assets and Goodwill are depreciated over maximum 10 years.
- Software : depreciation 20,00 % - 33,33 % on a straight-line basis.
- Patents and licenses : depreciation 20,00 % - 33,33 % on a straight-line basis
- Research and Development :
- R&D costs made are capitalized en fully depreciated in the accounting year.
Tangible assets
Tangible assets are recorded at their acquisition cost or production cost. The following depreciation percentages are applied:
- Land: land is not depreciated
- Buildings : depreciation 3,33 % - 5,00 % on a straight-line basis
- Plant, machinery and equipment : 8,33 % - 20,00 % on a straight-line basis
- Leased machines : 10,00 % - 20,00 % on a straight-line basis
- Vehicles : depreciation 25,00 % - 50,00 % on a straight-line basis
- Computers and hardware : 20,00 % -33,33 % on a straight-line basis
- Furniture and Office equipment : depreciation 6,66 % - 10,00 % on a straight-line basis
Financial assets
During the 2025 financial year, the company recognized an impairment on its receivables in Materialise Motion NV and for RF NV there is an impairment on the outstanding debts. The Company has made an unconditional and irrevocable promise to provide financial support to Materialise Motion NV, RapidFit NV and Feops NV, in order to enable these subsidiaries to continue their activities at least until the date of the next annual general meeting of Materialise Motion NV, RapidFit NV and Feops NV.
Inventory
Raw materials and consumables: purchase cost on a first in, first out basis. Stocks in the stereolithography machine are recognised and valued at the acquisition cost
Products :
- The manufacturing price of the products does not include the indirect production costs.
- The manufacturing price of the products whose production covers more than one year does not include any financial costs associated with the capital borrowed to finance their production
Orders in progress :
Orders in progress are revalued at the manufacturing price increased with a part of the result depending on the progress of the works.
Liabilities
There are no long-term loan that carries no interest or an interest below market.
The company systematically makes provisions for its obligations under share appreciation rights plans based on the share price and exercise price of these instruments.
Foreign currency
Assets and liabilities are converted into euros at the year-end exchange rate.
Foreign exchange gains and losses from the settlement of foreign currency transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement
Turnover
The revenue is primarily generated by the sale of our software and 3D printed products and services. Software revenue is comprised of perpetual and periodic licenses, maintenance revenue and software development service fees. Perpetual license holders may opt to take an annual maintenance contract, which leads to annual fees. Periodic licenses entitle the customer to maintenance, support and product updates without additional charge. 3D printed product revenue is derived from our network of 3D printing service centers and may include support and services such as pre-production collaboration prior to printing the product.
MATERIAL EVENTS SINCE THE END OF THE FINANCIAL YEAR : none
First Software - F-cap2025 - 50 / 55
Nr. 0441.131.254
F-cap 7
OTHER DOCUMENTS TO BE FILED UNDER BELGIAN COMPANIES AND ASSOCIATIONS CODE NEER TE LEGGEN DOCUMENTEN
MANAGEMENT REPORT
First Software - F-cap2025 - 51 / 55
F-cap 10
SOCIAL BALANCE SHEET
Number of joint industrial committee: 209 111
STATEMENT OF THE PERSONS EMPLOYED
EMPLOYEES FOR WHOM THE ENTERPRISE SUBMITTED A DIMONA DECLARATION OR WHO ARE RECORDED IN THE GENERAL PERSONNEL REGISTER
During the current period
Average number of employees
Full-time
Part-time
Total in full-time equivalents
Number of hours actually worked
Full-time
Part-time
Total
Personnel costs
Full-time
Part-time
Total
Advantages in addition to wages
| Codes | Total | 1. Men | 2. Women |
|---|---|---|---|
| 1001 | 520,7 | 329,9 | 190,8 |
| 1002 | 110,8 | 43,0 | 67,8 |
| 1003 | 605,9 | 363,2 | 242,7 |
| 1011 | 838.238 | 548.356 | 289.882 |
| 1012 | 135.091 | 53.079 | 82.012 |
| 1013 | 973.329 | 601.435 | 371.894 |
| 1021 | 54.263.088,85 | 36.945.330,72 | 17.317.758,13 |
| 1022 | 9.134.302,23 | 3.665.846,47 | 5.468.455,76 |
| 1023 | 63.397.391,08 | 40.611.177,19 | 22.786.213,89 |
| 1033 | 858.878,45 | 526.369,25 | 332.509,20 |
During the preceding period
Average number of employees in FTE
Number of hours actually worked
Personnel costs
Advantages in addition to wages
| Codes | P. Total | 1P. Men | 2P. Women |
|---|---|---|---|
| 1003 | 621,9 | 379,9 | 242,0 |
| 1013 | 1.011.018 | 635.254 | 375.764 |
| 1023 | 62.109.048,96 | 40.478.131,18 | 21.630.917,78 |
| 1033 | ... | ... | ... |
First Software - F-cap2025 - 52 / 55
F-cap 10
EMPLOYEES FOR WHOM THE ENTERPRISE SUBMITTED A DIMONA DECLARATION OR WHO ARE RECORDED IN THE GENERAL PERSONNEL REGISTER (continued)
At the closing date of the period
Number of employees
By nature of the employment contract
Contract for an indefinite period
Contract for a definite period
Contract for the execution of a specifically assigned work
Replacement contract
According to gender and study level
Men
primary education
secondary education
higher non-university education
university education
Women
primary education
secondary education
higher non-university education
university education
By professional category
Management staff
Employees
Workers
Others
| Codes | 1. Full-time | 2. Part-time | 3. Total full-time equivalents |
|---|---|---|---|
| 105 | 519 | 109 | 603,1 |
| 110 | 519 | 109 | 603,1 |
| 111 | ... | ... | ... |
| 112 | ... | ... | ... |
| 113 | ... | ... | ... |
| 120 | 325 | 45 | 359,8 |
| 1200 | 26 | 3 | 28,0 |
| 1201 | 67 | 9 | 73,5 |
| 1202 | 58 | 7 | 63,4 |
| 1203 | 174 | 26 | 194,9 |
| 121 | 194 | 64 | 243,3 |
| 1210 | 24 | 4 | 27,0 |
| 1211 | 21 | 7 | 26,1 |
| 1212 | 43 | 18 | 57,5 |
| 1213 | 106 | 35 | 132,7 |
| 130 | ... | ... | ... |
| 134 | 444 | 95 | 518,1 |
| 132 | 75 | 14 | 85,0 |
| 133 | ... | ... | ... |
HIRED TEMPORARY STAFF AND PERSONNEL PLACED AT THE ENTERPRISE'S DISPOSAL
During the period
Average number of persons employed
Number of hours actually worked
Costs for the enterprise
| Codes | 1. Hired temporary staff | 2. Persons placed at the enterprise's disposal |
|---|---|---|
| 150 | 13,7 | ... |
| 151 | 2.707.325 | ... |
| 152 | 947.155,66 | ... |
First Software - F-cap2025 - 53 / 55
F-cap 10
LIST OF PERSONNEL MOVEMENTS DURING THE PERIOD
ENTRIES
Number of employees for whom the entreprise submitted a DIMONA declaration or who have been recorded in the general personnel register during the financial year
By nature of employment contract
Contract for an indefinite period
Contract for a definite period
Contract for the execution of a specifically assigned work
Replacement contract
| Codes | 1. Full-time | 2. Part-time | 3. Total full-time equivalents |
|---|---|---|---|
| 205 | 62 | 1 | 62,9 |
| 210 | 62 | 1 | 62,9 |
| 211 | ... | ... | ... |
| 212 | ... | ... | ... |
| 213 | ... | ... | ... |
DEPARTURES
Number of employees whose contract-termination date has been entered in DIMONA declaration or in the general personnel register during the financial year
By nature of employment contract
Contract for an indefinite period
Contract for a definite period
Contract for the execution of a specifically assigned work
Replacement contract
| Codes | 1. Full-time | 2. Part-time | 3. Total full-time equivalents |
|---|---|---|---|
| 305 | 65 | 9 | 71,4 |
| 310 | 65 | 9 | 71,4 |
| 311 | ... | ... | ... |
| 312 | ... | ... | ... |
| 313 | ... | ... | ... |
| 340 | 2 | ... | 2,0 |
| 341 | ... | ... | ... |
| 342 | 11 | 3 | 12,9 |
| 343 | 52 | 6 | 56,5 |
| 350 | ... | ... | ... |
By reason of termination of contract
Retirement
Unemployment with extra allowance from enterprise
Dismissal
Other reason the number of persons who continue to render services to the enterprise at least half-time on a self-employed basis ..
First Software - F-cap2025 - 54 / 55
F-cap 10
INFORMATION ON TRAINING PROVIDED TO EMPLOYEES DURING THE PERIOD
Total of initiatives of formal professional training at the expense of the employer
Number of employees involved
Number of actual training hours
Net costs for the enterprise
of which gross costs directly linked to training
of which fees paid and payments to collective funds
of which grants and other financial advantages received (to deduct)
Total of initiatives of less formal or informal professional training at the expense of the employer
Number of employees involved
Number of actual training hours
Net costs for the enterprise
Total of initiatives of initial professional training at the expense of the employer
| Codes | Men | Codes | Women |
|---|---|---|---|
| 5801 | 23 | 5811 | 33 |
| 5802 | 1.284 | 5812 | 2.360 |
| 5803 | 62.052,75 | 5813 | 91.167,27 |
| 58031 | 49.744,52 | 58131 | 84.199,84 |
| 58032 | 12.308,23 | 58132 | 6.967,43 |
| 58033 | ... | 58133 | ... |
| 5821 | ... | 5831 | ... |
| 5822 | ... | 5832 | ... |
| 5823 | ... | 5833 | ... |
| 5841 | ... | 5851 | ... |
| 5842 | ... | 5852 | ... |
| 5843 | ... | 5853 | ... |
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