v3.26.1
Deferred Tax Position (Tables)
 12 Months Ended
Dec. 31, 2025
Deferred Tax Position [Abstract]  
Schedule of Deferred Tax Position
   December 31,
2025		   December 31,
2024		 
         
Income tax and social contribution to offset (1)   1,533,487    1,212,616 
Deferred tax assets (2)   2,075,930    566,237 
Total   3,609,417    1,778,853 

 

(1)Primarily relates to withholding income tax and social contribution on income from financial investments which can be used to settle other federal tax amounts due. For December 31, 2025, the amount of RS 90,450 refers to inflation indexation as “Other income” in the consolidated statements of profit or loss while such amount for December 31, 2024 was R$ 76,571.

 

(2)The variation in the period is due to the constitution of deferred tax asset (DTA) by PicPay Instituição de Pagamento and the increase of Bank’s DTA related to provision for credit losses.
Schedule of Deferred Tax Assets and Deferred Tax Liability Deferred tax assets
   December 31,
2024		   Realization   Additions   December 31,
2025		 
Temporary differences   492,390    (580,488)   1,458,063    1,369,967 
Provisions for credit losses   405,475    (530,898)   1,137,055    1,011,633 
Fair value adjustment - Financial assets measured at fair value through profit or loss   69,523    (26,646)   
-
    42,877 
Others   17,393    
(22,944
)(1)    321,008(4)    315,457 
                     
Tax loss and social contribution negative basis (2)   73,847    
(9,295
)(2)    641,411(3)    705,963 
Total   566,237    (589,783)   2,099,474    2,075,930 

 

(1)The realization refers to the payment of the profit sharing programs.

 

(2)The realization refers to the subsidiary Guiabolso Finanças e Correspondente Bancário e Serviços Ltda., which has been occurring in taxable profit since January, 2025.

 

(3)In 2025, PicPay reported accounting and taxable income, consolidating the prospect of recoverability of deferred tax assets. Therefore, deferred tax assets have been recognized based on the projection of future taxable income supported by approved business plans and budgets.

 

(4)The amounts mainly represent temporary adjustments for the fiscal year ending December 31, 2025, including adjustments related to profit sharing, long-term incentives, contingencies, among others.
deferred tax liability
   December 31,
2024		   Realization   Additions   December 31,
2025		 
Fair value adjustment – future contract (DI and DDI)   
-
    
-
    37,791    37,791 
Total   
-
    
-
    37,791    37,791