v3.26.1
LOANS, FINANCING AND DEBENTURES - Changes in loans, financing and debentures (Details) - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
LOANS, FINANCING AND DEBENTURES    
Beginning of the year R$ 75,620,574  
Non-cash effect:    
End of the year 74,295,764 R$ 75,620,574
Capital Market Borrowings    
LOANS, FINANCING AND DEBENTURES    
Beginning of the year 75,620,574 59,460,369
Effect on cash flow:    
Funding 8,032,447 29,965,839
Interest Paid (5,349,234) (6,411,738)
Principal Amortization (11,312,024) (16,009,832)
Non-cash effect:    
Acquisition of subsidiary 21,540 0
Increase Through Monetary Variations Incurred, Financial Assets 459,522 0
Interest and charges incurred 5,635,332 5,651,860
Monetary variation incurred 509,150 501,819
Exchange rate variation incurred 5,819 113,072
Fair value adjustment 672,638 2,434,141
Transfer to held for sale 0 (84,956)
End of the year R$ 74,295,764 R$ 75,620,574