Spadel SA specializes in the production and marketing of soft drinks. The group also operates a spa (Thermes de Spa). The group's activity is organized essentially around two product families: - natural mineral water: the largest mineral water producer in Benelux with brands notably including Spa Marie-Henriette, Spa Reine, Spa Barisart, Bru®, Devin, Wattwiller and Carola; - lemonades, fruit syrups and flavored waters (brands Spa® Fruit, Spa® Duo and Spa® Touch). At the end of 2025, the group had 5 production sites located in Belgium (2), France (2) and Bulgaria. Net sales are distributed geographically as follows: Belgium/the Netherlands/Luxembourg (61.7%), Bulgaria (26.6%) and France (11.7%).

Employees

1,416

Sector

Non-Alcoholic Beverages

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Quotes

Date	Price	Change	Volume
23/26/23	€356.00	-1.11%	420
22/26/22	€360.00	0.00%	338
19/26/19	€360.00	-0.55%	3
18/26/18	€362.00	+0.56%	16
17/26/17	€360.00	0.00%	0

Real-time Euronext Bruxelles

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Market Closed - Euronext Bruxelles Other stock markets 09:25:00 23/06/2026 pm IST			5-day change	1st Jan Change
356.00 ^EUR	-1.11%		-1.66%	+56.14%

01/06	Spadel SA announces Annual dividend, payable on June 05, 2026	CI
31/03	Spadel FY profit EUR 52.2 million	RE

Market Cap	147.75Cr 168.16Cr 136.09Cr 127.38Cr 238.96Cr 16TCr 243.17Cr 1.64TCr 632.11Cr 7.82TCr 631.3Cr 617.65Cr 27TCr	P/E 2024	17.7x	P/E 2025	18.5x
Enterprise Value	131.01Cr 149.11Cr 120.67Cr 112.95Cr 211.88Cr 14TCr 215.62Cr 1.45TCr 560.49Cr 6.93TCr 559.77Cr 547.66Cr 24TCr	EV / Sales 2024	1.53x	EV / Sales 2025	1.95x
Free-Float	2.41%	Yield 2024	1.83%	Yield 2025	1.75%

01/06	Spadel SA announces Annual dividend, payable on June 05, 2026	CI
31/03	Spadel FY profit EUR 52.2 million	RE
31/03	Spadel SA Reports Earnings Results for the Full Year Ended December 31, 2025	CI
19/01	Dripl BV announced that it has received ?4 million in funding from Faraday Venture Partners, S.L., Abacus Group NV, Spadel SA	CI
19/01	Dripl BV announced that it has received ?4 million in funding from Faraday Venture Partners, S.L., Abacus Group NV, Spadel SA and other investor	CI
02/25/02	French and Benelux stocks-Factors to watch	RE
02/25/02	Spadel SA Reports Earnings Results for the Half Year Ended June 30, 2025	CI
01/25/01	Spadel H1 2025 Ebitda EUR 44.77 Mln	RE
03/25/03	KUMULUS WATER announced that it has received ?3.077725 million in funding from Spadel SA, Flat6Labs, Bpifrance Investissement SAS, Plus Venture Capital Ltd., Kalys Ventures, and other investors	CI
28/25/28	Spadel SA announces Annual dividend, payable on June 06, 2025	CI
19/25/19	KUMULUS WATER announced that it expects to receive ?3 million in funding from Spadel SA and other investors	CI
24/25/24	Spadel To Invest EUR 40 Mln In Its Spa Monopole Plant	RE
22/25/22	Spadel Appoints David Talavera As Chief Financial Officer	RE

26/05	Spadel : Dividend announcement	PU
24/04	Spadel : publishes the notice convening its Annual General Meeting	PU
12/03	Spadel : invests in Living Things	PU
09/12	Spadel : invests in Pulse Protein	PU
01/25/01	Spadel : 2025 Half-yearly results	PU

Spadel SA Share Price

Stocks

SPA

BE0003798155

Non-Alcoholic Beverages

Valuation: Spadel SA

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11/02	Accelleron nominiert Monika Krüsi als neue Verwaltungsratspräsidentin
02/25/02	Hogere omzet en meer winst voor Spadel
03/25/03	Hogere omzet en winst bij Spadel
29/23/29	Bel20 sluit weer in het groen
29/23/29	Brussel blijft positief gestemd

1 day	-1.11%
1 week	-1.66%
Current month	-1.11%
3 months	+31.85%
6 months	+54.78%
Current year	+56.14%

1 week	356	362
1 month	356	370
Current year	236	370
1 year	196	370
3 years	148	370
5 years	148	370
10 years	100.2	370

Manager	Title	Age	Since
Marc du Bois CEO	Chief Executive Officer	63	01/06/2015
Didier de Sorgher DFI	Director of Finance/CFO	55	01/01/2008
Amaury Collette COO	Chief Operating Officer	-	16/10/2017

Director	Title	Age	Since
Marc du Bois BRD	Director/Board Member	63	01/06/2015
Axel Miller BRD	Director/Board Member	60	10/06/2010
Roel F. van Neerbos CHM	Chairman	66	23/08/2021

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
SPADEL SA	-1.11%	-1.66%	+78.00%	+109.41%	170.99Cr
THE COCA-COLA COMPANY	+0.98%	-0.74%	+16.66%	+29.85%	34TCr
KEURIG DR PEPPER INC.	0.00%	-2.83%	-8.07%	-3.29%	4.2TCr
COCA-COLA HELLENIC	+1.48%	+1.57%	+20.22%	+99.23%	2.22TCr
ARCA CONTINENTAL, S.A.B. DE C.V.	+1.52%	-1.20%	+1.03%	+18.93%	2.02TCr
VARUN BEVERAGES LIMITED	-1.69%	-6.78%	+9.73%	+56.90%	1.84TCr
SWIRE PACIFIC LIMITED	-0.98%	-3.47%	+22.75%	+51.17%	1.27TCr
COCA-COLA CONSOLIDATED, INC.	+2.30%	-1.31%	+70.81%	+170.34%	1.19TCr
PRIMO BRANDS CORPORATION	+2.41%	-1.34%	-19.93%	+89.02%	853.83Cr
SUNTORY BEVERAGE & FOOD LIMITED	+0.09%	+1.73%	-5.42%	-17.79%	834.29Cr
Average	+0.39%	-1.73%	+18.58%	+60.38%	4.88TCr
Weighted average by Cap.	+0.07%	-3.28%	+14.46%	+35.20%

	2024	2025
Net sales	38Cr 43Cr 35Cr 33Cr 61Cr 4.09TCr 62Cr 420.41Cr 162.29Cr 2.01TCr 162.08Cr 158.58Cr 6.98TCr	40Cr 45Cr 37Cr 34Cr 65Cr 4.31TCr 66Cr 442.76Cr 170.92Cr 2.11TCr 170.7Cr 167.01Cr 7.35TCr
Net income	4.1Cr 4.67Cr 3.78Cr 3.54Cr 6.64Cr 442.52Cr 6.75Cr 45Cr 18Cr 217.01Cr 18Cr 17Cr 754.39Cr	5.12Cr 5.83Cr 4.72Cr 4.41Cr 8.28Cr 552.13Cr 8.42Cr 57Cr 22Cr 270.76Cr 22Cr 21Cr 941.24Cr
Net Debt	-14Cr -16Cr -13Cr -12Cr -23Cr -1.56TCr -24Cr -160.33Cr -62Cr -765.21Cr -62Cr -60Cr -2.66TCr	-17Cr -19Cr -15Cr -14Cr -27Cr -1.81TCr -28Cr -185.54Cr -72Cr -885.56Cr -72Cr -70Cr -3.08TCr