Rackspace Technology Belgium: what changed
Rackspace Technology Belgium
Largest movements
- Cash +€375,305
up €375,305 (+51.7%), from €726,097 to €1.1m
mainly Receivables within one year (+€244,270) and Other debts (+€161,020)
- Receivables within one year -€244,270
down €244,270 (-94.2%), from €259,246 to €14,976
- Other debts +€161,020
new in 2025: €161,020
- Profit (loss) carried forward +€52,184
up €52,184 (+51.0%), from €102,290 to €154,475
- Tax, wage and social debts -€44,877
down €44,877 (-15.8%), from €284,927 to €240,050
of which Remuneration and social security: -€36,580
- Trade debts -€36,659
down €36,659 (-30.9%), from €118,643 to €81,984
- Staff costs +€36,264
up €36,264 (+2.8%), from €1.3m to €1.3m
- Gross operating margin +€20,369
up €20,369 (+1.5%), from €1.4m to €1.4m
- Taxes -€19,862
down €19,862 (-62.3%), from €31,860 to €11,997
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,009,978 | €1,138,529 | +€128,551 | +12.7% |
| Fixed assets | 21/28 | €12,186 | €12,186 | = | 0.0% |
| Financial fixed assets | 28 | €12,186 | €12,186 | = | 0.0% |
| Current assets | 29/58 | €997,792 | €1,126,343 | +€128,551 | +12.9% |
| Amounts receivable within one year | 40/41 | €259,246 | €14,976 | -€244,270 | -94.2% |
| Other amounts receivable | 41 | €259,246 | €14,976 | -€244,270 | -94.2% |
| Cash at bank and in hand | 54/58 | €726,097 | €1,101,402 | +€375,305 | +51.7% |
| Deferred charges and accrued income | 490/1 | €12,449 | €9,965 | -€2,484 | -20.0% |
| Total equity and liabilities | 10/49 | €1,009,978 | €1,138,529 | +€128,551 | +12.7% |
| Equity | 10/15 | €603,290 | €655,475 | +€52,184 | +8.6% |
| Contributions | 10/11 | €501,000 | €501,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,290 | €154,475 | +€52,184 | +51.0% |
| Amounts payable | 17/49 | €406,688 | €483,054 | +€76,366 | +18.8% |
| Amounts payable within one year | 42/48 | €403,570 | €483,054 | +€79,485 | +19.7% |
| Trade debts | 44 | €118,643 | €81,984 | -€36,659 | -30.9% |
| Suppliers | 440/4 | €118,643 | €81,984 | -€36,659 | -30.9% |
| Taxes, remuneration and social security | 45 | €284,927 | €240,050 | -€44,877 | -15.8% |
| Taxes | 450/3 | €10,979 | €2,683 | -€8,296 | -75.6% |
| Remuneration and social security | 454/9 | €273,948 | €237,368 | -€36,580 | -13.4% |
| Other amounts payable | 47/48 | - | €161,020 | +€161,020 | |
| Accrued charges and deferred income | 492/3 | €3,118 | €0 | -€3,118 | -100% |
| Remuneration, social security and pensions | 62 | €1,293,799 | €1,330,063 | +€36,264 | +2.8% |
| Other operating charges | 640/8 | €17,904 | €14,719 | -€3,185 | -17.8% |
| Gross operating margin | 9900 | €1,390,347 | €1,410,716 | +€20,369 | +1.5% |
| Operating profit (loss) | 9901 | €78,644 | €65,934 | -€12,709 | -16.2% |
| Financial income | 75/76B | €279 | €0 | -€279 | -100% |
| Recurring financial income | 75 | €279 | €0 | -€279 | -100% |
| Financial charges | 65/66B | €2,562 | €1,753 | -€809 | -31.6% |
| Recurring financial charges | 65 | €2,562 | €1,753 | -€809 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €76,361 | €64,182 | -€12,179 | -15.9% |
| Income taxes | 67/77 | €31,860 | €11,997 | -€19,862 | -62.3% |
| Profit (loss) for the period | 9904 | €44,501 | €52,184 | +€7,683 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,501 | €52,184 | +€7,683 | +17.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.