’s-Hertogenbosch, 27 February 2026 – Ctac N.V. (Euronext Amsterdam: CTAC), a leading listed IT and digital transformation partner, today publishes its 2025 annual results. In a challenging market environment, the company achieved modest revenue growth, while targeted investments in the organisation and infrastructure temporarily weighed on profitability. From 2026 onwards, the company expects these investments to contribute to a structural improvement in the results.
Key financial results 2025
- Revenue increased by 1.1% to € 125.7 million (2024: € 124.3 million)
- EBITDA amounted to € 10.3 million (2024: € 10.7 million), with a margin of 8.2%
- Net profit was € 3.6 million (2024: € 3.9 million), or € 0.25 per share (2024: € 0.28 per share)
- Net cash was € 4.6 million at year-end 2025
- Proposed cash dividend of € 0.11 per share (pay-out ratio: 43.2%)
The slight growth in revenue was mainly driven by the strong development in cloud services, while revenue from projects, secondment and licence sales was under pressure due to postponed investment decisions by customers and changing market dynamics.
Strong financial position and solid balance sheet
Ctac maintains a healthy financial position with a net cash position of € 4.6 million. Additionally, Ctac has an unused credit facility of € 10 million, providing further strategic flexibility. Equity increased to € 32.9 million, providing the company with a strong balance sheet that forms a solid basis for future growth and investments.
Dividend proposal
Ctac proposes to pay-out a cash dividend of € 0.11 per ordinary share for the financial year 2025, expressing confidence in the company’s financial position and future prospects.
Outlook 2026
For 2026, Ctac expects a stable to slightly higher revenue and normalisation of its cost structure. The company believes that the 2025 investments in technology, automation and organisational development will contribute to improved operating efficiency and a higher profit margin.
CEO commentary
Ctac N.V. CEO Gerben Moerland:
“2025 was an important transition year in which we made targeted investments in our technological foundation, scalability, and commercial strength. Although these investments temporarily weighed on profitability, we have significantly strengthened our foundation. We have also made targeted investments across all our propositions, driven by customer needs and market developments. This puts us in a stronger position for when demand picks up. We also see AI becoming more deeply integrated into our offerings and ways of working. In 2026, we will double down on this to further differentiate and accelerate our services.”
