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Société de Services de Participations de Direction et d'Elaboration (SPA.BR) — chart, structure and Closelook read

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Company snapshot — Société de Services de Participations de Direction et d'Elaboration

SPA.BR in five paragraphs: what it makes and sells, where it sits in the Closelook stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
Spadel produces and markets natural mineral water in Belgium, offering still and sparkling as well as flavoured water and lemonades under the Spa, Bru, Wattwiller, Carola and Devin brand names. It is based in Brussels and operates as a subsidiary of Finances et Industries SA.
Where it sits in the stack
Spadel holds no seat in Rubin or any other Closelook index; it sits in our Consumer Defensive sleeve, within the non-alcoholic beverages industry, well outside the semiconductor and AI build-out chain the diary otherwise tracks.
Who it is priced against
Closelook's peer group carries no entry for Spadel; the market's usual comparison for a family-owned bottler of this kind is Danone's water business.
Why Closelook tracks it
Spadel is not a constituent of any Closelook index, carries no Closelook score, and has not yet drawn a quote or mention in the diary's editions.
What the diary watches
The diary watches whether Spadel's water and lemonade brands extend beyond their current Belgian and French base into markets it does not yet supply.

Société de Services de Participations de Direction et d'Elaboration (SPA.BR) trades on the BR exchange in Belgium, classified under Consumer Defensive.

The Closelook company score reads 50/100 composite (momentum 57, quality 43, valuation 41) across 7 modules — the full breakdown, chart structure and analog history load live above.

Written from the company’s public profile and Closelook’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Signals for this name

Every Closelook reading that exists for SPA.BR, from the same nightly bakes the boards use. Research diary readings, not advice.

Who it is priced against Beverages - Non-Alcoholic · 8 names with week and year-to-date

Peer group

Beverages - Non-Alcoholic

Names in the same industry from the Closelook universe; scored names rank on their Closelook score, the rest on trend state.

Compared against SPA.BR on the nightly bakes; the Peers tab ranks the cohort on the Closelook scores where it exists.

Dividends and capital return trailing yield 0.82%, annual · last 2.80 EUR on 2026-06-03

Dividends and capital return

What SPA.BR pays out and buys back — distributions read from the price series, money terms from the filings.

  • Trailing 12 months 2.80 EUR per share · a 0.82% yield on the 2026-09-18 close 1 distribution, paid once a year 2026-09-18
  • Change on the year +25.0% against the prior twelve months prior twelve months 2.24 EUR per share
  • Last distribution 2.80 EUR per share as the price series records it, within days of the ex-date 2026-06-03
  • By calendar year 2025: 2.24 EUR (partial) · 2026: 2.80 EUR to date first distribution recorded in the three-year window: 2025-06-09
  • Dividends paid, FY2025 13 m EUR 26% of earnings
  • Share count 0.0% in FY2025
  • Capital returned 13 m EUR · 32% of free cash flow dividends and buybacks together, against the year’s free cash flow

Per-share amounts are derived from the adjusted price series in the listing currency, so dates sit within days of the ex-date; filing figures come from the fundamentals feed for the last reported fiscal year. An investment diary, not a recommendation.

Weather around the name 4 macro readings: Money Temperature, Factor regime, Sector × region …

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 50/100 · S&P 500 fund at 49, above its 50- and 200-day averagesEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-09-18
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 97th percentile of the window, +4.9% over 20 sessions. Factor regime → 2026-09-18
  • Sector × region Consumer staples in Europe: +0.4% week · +0.7% month · +1.8% quarter · +11.8% year (approximated)The Sector Engine cell this name lives in, from EXH5.XETRA+EXV9.XETRA; the 11 × 4 matrix shows where its sector is being bought and where it is being sold. Sector Engine → 2026-09-20
  • Sovereign pressure Index 0.07 · down 0.41 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-09-18

FAQ · from the current data · as of 2026-09-19

Quick answers

What is Société de Services de Participations de Direction et d'Elaboration (SPA.BR)?

Société de Services de Participations de Direction et d'Elaboration trades as SPA.BR on the BR exchange (Belgium) and is classified under Consumer Defensive in the Closelook research universe, as of the registry build of 2026-09-19.

Is SPA.BR in a Closelook index?

Not currently — Société de Services de Participations de Direction et d'Elaboration is tracked in the Closelook research universe but is not a constituent of a Closelook functional index as of 2026-09-19.

What is Société de Services de Participations de Direction et d'Elaboration's Closelook composite score?

50 out of 100, with momentum 57, quality 43 and valuation 41 sub-scores, as of 2026-09-19. Scores are Closelook's own research readings, not ratings or investment advice.

What does Société de Services de Participations de Direction et d'Elaboration do?

Spadel produces and markets natural mineral water in Belgium, offering still and sparkling as well as flavoured water and lemonades under the Spa, Bru, Wattwiller, Carola and Devin brand names. It is based in Brussels and operates as a subsidiary of Finances et Industries SA. Closelook's peer group carries no entry for Spadel; the market's usual comparison for a family-owned bottler of this kind is Danone's water business.

Where does Société de Services de Participations de Direction et d'Elaboration sit in the AI build-out?

Spadel holds no seat in Rubin or any other Closelook index; it sits in our Consumer Defensive sleeve, within the non-alcoholic beverages industry, well outside the semiconductor and AI build-out chain the diary otherwise tracks. Spadel is not a constituent of any Closelook index, carries no Closelook score, and has not yet drawn a quote or mention in the diary's editions.

Does Société de Services de Participations de Direction et d'Elaboration pay a dividend?

Société de Services de Participations de Direction et d'Elaboration has paid 2.80 EUR per share over the last twelve months, paid once a year, a trailing yield of 0.82% on the 2026-09-18 close; the last distribution recorded in the price series was 2.80 EUR on 2026-06-03. In fiscal 2025 the company paid 13 m EUR in dividends, 32% of that year’s free cash flow. The share count was unchanged over the fiscal year. The "Dividends and capital return" block on this page carries the lines.

What does this page show?

A live price chart with SMA overlays and drawing tools for SPA.BR, performance metrics, index-membership context and the Closelook structure read — an investment research diary view, not investment advice.

Related in the Closelook universe

then Beverages - Non-Alcoholic, then Consumer Defensive. Scored names rank on their Closelook score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.