ACTIVE PRACTICE
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 28-02-1996 · last publication under the heading End on 08-01-2026
- Activity
- “La société a pour objet toutes opérations de gestion de patrimoine immobilier.” (deed in French)From the articles, 5 activitiesNo NACE code in the KBO yet
- Financial year end
- 11 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Murphy DeclanDirector · since 26-02-2020
Shareholders
- BRUSSELS LIFE100%· score 8330-09-2025 annual accounts of BRUSSELS LIFE
Financial position
No score
Annual accounts to 11-12-2025
- Gross margin
- €58,912
- ▲ 140%
- Turnover
- ≈ €180,000
- estimated
- Profit
- €45,152
- ▲ 669%
- Equity
- €168,408
- ▲ 36.6%
- Total assets
- €242,958
- ▲ 35.9%
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 26-03-2026 PDF all 30 filings
Turnover
≈ €180,000
Estimated: probably between €120,000 and €310,000
Total assets
€242,958▲ 35.9%
2024 · €178,798
Net result
€45,152▲ 669%
2024 · €5,874
Working capital
€25,749
2024 · -€4,261
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€46,617
▲ 507%
2025
20182025
Net result
€45,152
▲ 669%
2025
20182025
Equity
€168,408
▲ 36.6%
2025
20182025
Total assets
€242,958
▲ 35.9%
2025
20182025
Debt
€74,550
▲ 34.2%
2025
20182025
Working capital
€25,749
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€28,606--€8,163-€44,111▼ 440%-€582▲ 98.7%€21,160€8,244▼ 61.0%€7,684▼ 6.8%€46,617▲ 507%
Net result€19,884--€8,637-€44,632▼ 417%-€1,123▲ 97.5%€20,570€8,763▼ 57.4%€5,874▼ 33.0%€45,152▲ 669%
Equity€148,852-€140,215▼ 5.8%€95,583▼ 31.8%€94,460▼ 1.2%€115,031▲ 21.8%€117,382▲ 2.0%€123,256▲ 5.0%€168,408▲ 36.6%
Total assets€171,558-€140,233▼ 18.3%€141,624▲ 1.0%€139,649▼ 1.4%€146,624▲ 5.0%€156,962▲ 7.1%€178,798▲ 13.9%€242,958▲ 35.9%
Debt€22,705-€18▼ 99.9%€46,041▲ 2,607×€45,188▼ 1.9%€31,593▼ 30.1%€39,580▲ 25.3%€55,542▲ 40.3%€74,550▲ 34.2%
Working capital€42,877-€39,784▼ 7.2%-€13,919-€24,907▼ 78.9%-€10,676▲ 57.1%€701-€4,261€25,749
The operating result for 2025 is nearly 6.1 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242,958
Fixed assets
€161,591 ▲ 10.3%
Current assets
€81,367 ▲ 152%
Equity and liabilities €242,958
Equity
€168,408 ▲ 36.6%
Debt
€74,550 ▲ 34.2%
Debt's share of the balance-sheet total falls from 31.1% to 30.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58,912▲
2024 · €21,196
Cash flow
€57,447▲
2024 · €19,386
Current ratio
1.46▲
2024 · 0.88
Quick ratio
1.46▲
2024 · 0.87
Debt to equity
0.44▼
2024 · 0.45
ROE
26.8%▲
2024 · 4.8%
ROA
18.6%▲
2024 · 3.3%
Interest coverage
40.21▲
2024 · 11.70
Debt ≤ 1 year
€55,618▲
2024 · €36,610
Debt > 1 year
€16,432=
2024 · €16,432
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 11-12-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €18,249 | €15,863 | €23,268 | €22,676 | €27,436 |
| Depreciation and write-downs of the year | €8,384 | €9,524 | €11,688 | €13,512 | €12,295 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,544 | €5,544 | €6,053 | €8,384 | €9,524 | €11,688 | €13,512 | €12,295 | ▼ 9.0% |
| Other operating charges640/8 | - | - | - | - | €965 | €3,327 | €3,386 | - | - |
| Non-recurring operating charges66A | - | - | - | €2,431 | €2,491 | - | €10 | €0 | ▼ 99.8% |
| Gross operating margin9900 | €34,150 | -€2,619 | -€35,644 | €10,233 | €34,139 | €23,258 | €24,592 | €58,912 | ▲ 140% |
| Operating profit (loss)9901 | €28,606 | -€8,163 | -€44,111 | -€582 | €21,160 | €8,244 | €7,684 | €46,617 | ▲ 507% |
| Financial income75/76B | - | - | - | €0 | - | €931 | €2 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | €931 | €2 | - | - |
| Non-recurring financial income76B | - | - | - | - | - | €931 | - | - | - |
| Financial charges65/66B | - | - | - | €540 | €590 | €411 | €1,811 | €1,465 | ▼ 19.1% |
| Recurring financial charges65 | €337 | €198 | €521 | €540 | €590 | €411 | €1,811 | €1,465 | ▼ 19.1% |
| Profit (loss) for the period before taxes9903 | €28,269 | -€8,362 | -€44,632 | -€1,123 | €20,570 | €8,763 | €5,874 | €45,152 | ▲ 669% |
| Income taxes67/77 | €8,385 | €276 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €19,884 | -€8,637 | -€44,632 | -€1,123 | €20,570 | €8,763 | €5,874 | €45,152 | ▲ 669% |
| Profit (loss) for the period to be appropriated9905 | €19,884 | -€8,637 | -€44,632 | -€1,123 | €20,570 | €8,763 | €5,874 | €45,152 | ▲ 669% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €171,558 | €140,233 | €141,624 | €139,649 | €146,624 | €156,962 | €178,798 | €242,958 | ▲ 35.9% |
| Fixed assets21/28 | €105,975 | €100,431 | €109,503 | €119,367 | €125,706 | €137,286 | €146,450 | €161,591 | ▲ 10.3% |
| Tangible fixed assets22/27 | €105,975 | €100,431 | €109,503 | €119,367 | €125,706 | €137,286 | €146,450 | €161,591 | ▲ 10.3% |
| Land and buildings22 | - | - | - | €117,545 | €123,809 | €135,412 | €121,094 | €112,221 | ▼ 7.3% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €22,146 | €43,868 | ▲ 98.1% |
| Furniture and vehicles24 | - | - | - | €1,822 | €1,897 | €1,874 | €3,210 | €5,502 | ▲ 71.4% |
| Current assets29/58 | €65,582 | €39,802 | €32,121 | €20,282 | €20,918 | €19,676 | €32,348 | €81,367 | ▲ 152% |
| Stocks and contracts in progress3 | - | - | - | - | €1,582 | €324 | €633 | €318 | ▼ 49.7% |
| Stocks30/36 | - | - | - | - | €1,582 | €324 | €633 | €318 | ▼ 49.7% |
| Amounts receivable within one year40/41 | €99 | €99 | €26,801 | €17,560 | €17,471 | €17,515 | €30,852 | €79,685 | ▲ 158% |
| Trade receivables40 | - | - | - | - | €808 | €153 | €2,551 | €128 | ▼ 95.0% |
| Other amounts receivable41 | - | - | - | €17,560 | €16,663 | €17,362 | €28,302 | €79,557 | ▲ 181% |
| Cash at bank and in hand54/58 | €65,483 | €39,702 | €4,996 | €2,722 | €1,234 | €1,198 | €37 | €37 | ▼ 0.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €631 | €638 | €826 | €1,327 | ▲ 60.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €171,558 | €140,233 | €141,624 | €139,649 | €146,624 | €156,962 | €178,798 | €242,958 | ▲ 35.9% |
| Equity10/15 | €148,852 | €140,215 | €95,583 | €94,460 | €115,031 | €117,382 | €123,256 | €168,408 | ▲ 36.6% |
| Contributions10/11 | €141,600 | €141,600 | €141,600 | €141,600 | €141,600 | €141,600 | €141,600 | €141,600 | = |
| Capital10 | - | - | - | €141,600 | €141,600 | €141,600 | €141,600 | €141,600 | = |
| Issued capital100 | - | - | - | €141,600 | €141,600 | €141,600 | €141,600 | €141,600 | = |
| Reserves13 | €7,238 | €7,238 | €7,238 | €7,238 | €7,238 | €7,238 | €7,238 | €7,238 | = |
| Non-distributable reserves130/1 | - | - | - | €7,238 | €7,238 | €7,238 | €7,238 | €7,238 | = |
| Legal reserve130 | - | - | - | €7,238 | €7,238 | €7,238 | €7,238 | €7,238 | = |
| Profit (loss) carried forward14 | €14 | -€8,623 | -€53,255 | -€54,378 | -€33,807 | -€31,456 | -€25,582 | €19,570 | - |
| Amounts payable17/49 | €22,705 | €18 | €46,041 | €45,188 | €31,593 | €39,580 | €55,542 | €74,550 | ▲ 34.2% |
| Amounts payable after more than one year17 | - | - | - | - | - | €18,105 | €16,432 | €16,432 | = |
| Financial debts170/4 | - | - | - | - | - | €18,105 | €16,432 | €16,432 | = |
| Amounts payable within one year42/48 | €22,705 | €18 | €46,041 | €45,188 | €31,593 | €18,975 | €36,610 | €55,618 | ▲ 51.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €23,007 | €21,392 | €1,653 | €1,673 | €32,614 | ▲ 19× |
| Trade debts44 | - | €18 | €2,673 | €461 | €150 | €1,984 | €2,275 | €69 | ▼ 97.0% |
| Suppliers440/4 | - | - | - | €461 | €150 | €1,984 | €2,275 | €69 | ▼ 97.0% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €364 | €7 | ▼ 98.1% |
| Taxes450/3 | - | - | - | - | - | - | €364 | €7 | ▼ 98.1% |
| Other amounts payable47/48 | - | - | - | €21,721 | €10,052 | €15,339 | €32,297 | €22,928 | ▼ 29.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €2,500 | €2,500 | €2,500 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,884 | -€8,637 | -€44,632 | -€1,123 | €20,570 | €8,763 | €5,874 | €45,152 | ▲ 669% |
| + Depreciation and write-downs630 | €5,544 | €5,544 | €6,053 | €8,384 | €9,524 | €11,688 | €13,512 | €12,295 | ▼ 9.0% |
| Operating cash flow (approximation) | €25,428 | -€3,093 | -€38,579 | €7,262 | €30,094 | €20,451 | €19,386 | €57,447 | ▲ 196% |
| Investment in fixed assets (approximation) | - | €0 | -€15,125 | -€18,249 | -€15,863 | -€23,268 | -€22,676 | -€27,436 | ▼ 21.0% |
| Change in cash | - | -€25,781 | -€34,707 | -€2,274 | -€1,487 | -€36 | -€1,162 | -€0 | ▲ 100.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 11-12-2025 | micro format | 26-03-2026 | 2026-00062645 | |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00399033 | |
| 31-12-2023 | micro format | 10-06-2024 | 2024-00128474 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00406552 | |
| 31-12-2021 | micro format | 14-12-2022 | 2022-20537747 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-64900151 | |
| 31-12-2019 | micro format | 30-11-2020 | 2020-73900359 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-40400392 | |
| 31-12-2017 | micro format | 11-07-2018 | 2018-31400564 | |
| 31-12-2016 | micro format | 21-06-2017 | 2017-19700016 |
Board & ownership
Directors
Directors
1 director
Murphy Declan
Current
Owners and capital
Shareholders
1 ownerChain of control
- BRUSSELS LIFE
- ACTIVE PRACTICE
Owners 1
- BRUSSELS LIFEparentEquity €267,689 Profit of €22,964 in 2025 (profit of €25,625 in 2024) Checked score 83100%
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 08-01-2026 ↗
- BRUSSELS CHIROPRACTIC all shares
Stated in the act
act of 26-02-2025 ↗
- BRUSSELS CHIROPRATIC (BE 0642.985.185) all shares
Capital over time
- 26-02-2025 Capital stated in the deed · €141,600 · 600 shares
Network & group
Acquisitions and mergers
2 transactionsTaken over by:BRUSSELS CHIROPRACTIC
Taken over by:BRUSSELS CHIROPRATIC
Connections & network
1 current directorThe network starts from the directors of ACTIVE PRACTICE. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
2026
26-03
micro format · 107 days before the deadline
08-01
Gazette deed
Merger: absorbed by BRUSSELS CHIROPRACTICBRUSSELS CHIROPRACTIC holds all the shares3 points ▸
Gazette deed
Merger: absorbed by BRUSSELS CHIROPRACTIC
BRUSSELS CHIROPRACTIC holds all the shares3 points ▸
- Power of attorney, Declan MURPHY
- General meeting, 11-12-2025
- BRUSSELS CHIROPRACTIC holds all the shares
- The act holds 19 more points.
2025
11-12
Financial
Highest result from 2018 to 2025net €45,152 ▲669%
The operating result of €46,617 and the net result of €45,152 are both a record.
11-12
Financial
Equity above €150,000equity €168,408 ▲36.6%
After 4 profitable years in a row, equity reaches €168,408.
21-08
micro format · 21 days late
26-02
Gazette deed
Merger proposal: to be absorbed by BRUSSELS CHIROPRATICBRUSSELS CHIROPRATIC holds all the shares · Capital of €12,400, 100 shares · Declan Murphy holds 100 shares7 points ▸
Gazette deed
Merger proposal: to be absorbed by BRUSSELS CHIROPRATIC
BRUSSELS CHIROPRATIC holds all the shares · Capital of €12,400, 100 shares · Declan Murphy holds 100 shares7 points ▸
- BRUSSELS CHIROPRATIC holds all the shares
- Capital, €12,400, 100 shares
- Declan Murphy holds 100 shares
- Board composition, Declan Murphy (sole director), mentioned 2 times in the deed
- Capital, €141,600, 600 shares
- BRUSSELS CHIROPRATIC holds 600 shares
- Accounting effect, 01-01-2025
- The act holds 7 more points.
2024
10-06
micro format · 51 days before the deadline
2023
31-08
micro format · 31 days late
2022
31-12
Financial
Back to profitnet €20,570
The net result is €20,570, after 3 loss-making years.
31-12
Financial
Equity above €100,000equity €115,031 ▲21.8%
Equity rises from €94,460 to €115,031.
14-12
micro format · 136 days late
2021
31-08
micro format · 31 days late
Show earlier events
2020
31-12
Financial
Weakest financial yearnet -€44,632
The net result drops to -€44,632, the lowest from 2018 to 2025.
30-11
micro format · 122 days late
2019
31-12
Financial
Liquidity more than 780 timescurrent ratio 2253.77
The current ratio rises from 2.89 to 2253.77. Short-term debt falls from €22,705 to €18.
30-07
micro format · 1 day before the deadline
2018
11-07
micro format · 20 days before the deadline
2017
21-06
micro format · 40 days before the deadline
1996
28-02
Gazette deed
Incorporation
20 publications in the Belgian Official Gazette, the last on 08-01-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Inactive
Inactive
ACTIVE PRACTICE is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 11 December 2025
- Last registered office
- Boulevard Charlemagne 37, 1000 Bruxellesas published on 8 January 2026
- Legal form
- Public limited company
- First annual accounts
- financial year 1996
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La société a pour objet toutes opérations de gestion de patrimoine immobilier; Elle peut notamment acheter et vendre tout bien ou droit…”
5 activities
- La société a pour objet toutes opérations de gestion de patrimoine immobilier.
- Elle peut notamment acheter et vendre tout bien ou droit immobilier,assurer la gestion de biens immobiliers,prendre ou donner des immeubles en location,faire toutes opérations se rattachant à l'entretien,la rénovation,la transformation,l'aménagement,la décoration de tous immeubles.
- Elle pourra accomplir toutes opérations généralement quelconques,commerciales,civiles,financières,mobilières et immobilières,se rapportant directement ou indirectement à son objet.
- La société pourra réaliser son objet en tous lieux et de toutes les manières et suivant les modalités qui lui paraîtront les mieux appropriées.
- La société peut s'intéresser par toutes voies,dans toutes sociétés ou entreprises dont l'objet serait similaire,analogue ou connexe au sien ou serait susceptible de constituer pour elle une source de revenus ou un débouché.
Articles of association, deed of 26-02-2025 (in French)