v3.25.4
TRADE RECEIVABLES
12 Months Ended
Dec. 31, 2025
TRADE RECEIVABLES  
TRADE RECEIVABLES

NOTE 5 – TRADE RECEIVABLES

As of December 31, 

Current Trade receivables

  ​ ​ ​

Note

  ​ ​ ​

2025

  ​ ​ ​

2024

Ordinary receivables

1,067,130

511,459

Related parties

28.b)

2,977

2,528

Allowance for doubtful accounts

(270,919)

 

(124,612)

799,188

 

389,375

Non-current Trade receivables

 

Ordinary receivables

724

502

Contractual asset IFRS 15

216

66

940

568

Total trade receivables, net

800,128

 

389,943

Movements in the allowance for doubtful accounts are as follows:

Years ended December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

At the beginning of the fiscal year

 

(124,612)

 

(100,615)

Acquisitions through business combinations

 

(129,592)

 

(174)

Increases

 

(143,722)

 

(112,102)

Uses

54,115

15,241

RECPAM and currency translation adjustments

 

72,892

 

73,038

At the end of the year

 

(270,919)

 

(124,612)