| Note 19 - Trade receivables, net |
19 Trade receivables, net
|
|
Year ended December 31,
|
|
|
|
2025
|
|
|
2024
|
|
|
Current accounts
|
1,937,512
|
|
|
1,923,620
|
|
|
Receivables from related parties
|
42,915
|
|
|
32,012
|
|
|
|
1,980,427
|
|
|
1,955,632
|
|
|
Allowance for doubtful accounts, see note 25 (i)
|
(59,587
|
) |
|
(48,125
|
) |
|
|
1,920,840
|
|
|
1,907,507
|
|
The following tables sets forth details of the aging of trade receivables as of December 31, 2025 and 2024:
|
At December 31, 2025
|
Trade receivables
|
Not due
|
Past due
|
|
|
|
1 - 180 days
|
> 180 days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Guaranteed
|
373,516
|
|
|
344,711
|
|
|
28,620
|
|
|
185
|
|
|
Not guaranteed
|
1,606,911
|
|
|
1,316,554
|
|
|
207,080
|
|
|
83,277
|
|
|
Guaranteed and not guaranteed
|
1,980,427
|
|
|
1,661,265
|
|
|
235,700
|
|
|
83,462
|
|
|
Expected loss rate
|
0.02%
|
|
|
0.01%
|
|
|
0.04%
|
|
|
0.35%
|
|
|
Allowance for doubtful accounts
|
(531
|
) |
|
(147
|
) |
|
(110
|
) |
|
(274
|
) |
|
Nominative allowance for doubtful accounts
|
(59,056
|
) |
|
-
|
|
|
(259
|
) |
|
(58,797
|
) |
|
Net value
|
1,920,840
|
|
|
1,661,118
|
|
|
235,331
|
|
|
24,391
|
|
|
At December 31, 2024
|
Trade receivables
|
Not due
|
Past due
|
|
|
|
1 - 180 days
|
> 180 days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Guaranteed
|
288,388
|
|
|
254,777
|
|
|
33,341
|
|
|
270
|
|
|
Not guaranteed
|
1,667,244
|
|
|
1,305,338
|
|
|
298,988
|
|
|
62,918
|
|
|
Guaranteed and not guaranteed
|
1,955,632
|
|
|
1,560,115
|
|
|
332,329
|
|
|
63,188
|
|
|
Expected loss rate
|
0.03%
|
|
|
0.01%
|
|
|
0.09%
|
|
|
0.33%
|
|
|
Allowance for doubtful accounts
|
(525
|
) |
|
(147
|
) |
|
(323
|
) |
|
(55
|
) |
|
Nominative allowance for doubtful accounts
|
(47,600
|
) |
|
-
|
|
|
(303
|
) |
|
(47,297
|
) |
|
Net value
|
1,907,507
|
|
|
1,559,968
|
|
|
331,703
|
|
|
15,836
|
|
Trade receivables are mainly denominated in U.S. dollars.
|