Active · per the CBE, 1 October 2026

K & R Services

BE0666442656

Rechtspersoon Private limited company 1 establishment

K & R Services is an IT company in Leuven. Private Limited, started on 17 November 2016, 1 establishment.

Holsbeeksesteenweg 307, 3010 Leuven

Behind the company: KARTHIK JAGANNATHAN, RAMYA RAVINDRANATH.

Active for

9 year, 10 months

Financials

Financial year 2025

K & R Services from Leuven, company number BE0666442656, closed financial year 2025 with a result of € 30,969 after tax. For that financial year K & R Services recorded a gross margin of € 76,473 and equity of € 405,466. Compared with financial year 2024, the result moved from € 80,247 to € 30,969. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.

What it is worth Growing

€ 405,466

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 30,969

▼ 61% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 98,518

▼ 41% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 386,866.

People and assets in 2025

Vehicles and equipment

€ 25,235

▼ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 123,787

▼ 29% vs 2024

€ 50,906 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 121

▼ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4,368

▼ 49% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 207,670 € 224,178 € 154,064 € 76,473 ▼ 50%
Profit after taxes € 131,830 € 135,513 € 80,247 € 30,969 ▼ 61%
Equity € 358,737 € 294,249 € 374,497 € 405,466 ▲ 8%
Total debts € 365,847 € 513,009 € 348,755 € 165,985 ▼ 52%
Cash € 197,111 € 49,809 € 166,047 € 98,518 ▼ 41%
Land & buildings € 454,909 € 456,010 € 439,956 € 423,901 ▼ 4%
Retained profit € 340,137 € 275,649 € 355,897 € 386,866 ▲ 9%
Dividend € 200,000 € 200,000 € 0 € 0
Bank debt € 280,536 € 224,277 € 174,251 € 123,787 ▼ 29%
Balance sheet total € 724,584 € 807,259 € 723,252 € 571,450 ▼ 21%

Key figures of K & R Services, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to K & R Services?

What happened at K & R Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 30,969 (▼ 61% vs 2024). Source: NBB ↗
  • RAMYA RAVINDRANATH became a director. NBB
  • New establishment in Leuven. KBO
  • Start of the company according to the CBE. KBO
  • KARTHIK JAGANNATHAN became a director. NBB

In short

From € 131,830 profit in 2022 to € 30,969 profit in 2025.

Paid € 132,099 in corporate taxes since 2022.

Best year ever: 2023, with € 135,513 profit.

Paid out € 400,000 in dividends to the owners in total.

Management

KARTHIK JAGANNATHAN RAMYA RAVINDRANATH
K & R Services

Behind K & R Services are KARTHIK JAGANNATHAN and RAMYA RAVINDRANATH.

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Directors

According to the 2025 annual accounts

KARTHIK JAGANNATHAN

Director

since 2016

RAMYA RAVINDRANATH

Director

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Holsbeeksesteenweg 307

3010 Leuven

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0666.442.656
VAT number
BE 0666.442.656
Registered office
Holsbeeksesteenweg 307, 3010 Leuven
Names & denominations
K & R Services · K & R sevices
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
17 November 2016
Peppol
Active · Active since 30 Oct 2023
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Frequently asked questions

What does K & R Services do?
K & R Services is an IT company in Leuven. Private Limited, started on 17 November 2016, 1 establishment.
What is the address of K & R Services?
The registered office of K & R Services is located at Holsbeeksesteenweg 307, 3010 Leuven.
Is K & R Services still active?
Yes. According to the CBE (1 October 2026) K & R Services is active, legal situation “Normale toestand”, started on 17 November 2016.
Is K & R Services registered on Peppol?
Yes, K & R Services is registered on the Peppol network with ID 0208:0666442656.
What is the enterprise number of K & R Services?
The enterprise number of K & R Services is BE0666442656.
When was K & R Services founded?
K & R Services was founded on 17 November 2016.