v3.26.1
Net Revenue
3 Months Ended
Mar. 31, 2026
Net Revenue [Abstract]  
Net revenue

21 Net revenue

 

   Three-month period ended
March 31,
 
   2026   2025 
Domestic sales   16,160,712    14,609,063 
Export sales   5,447,913    4,917,457 
NET REVENUE   21,608,625    19,526,520 

 

21.1 Contract balances - Advances from customer

 

Customer advance revenues are related to payments received in advance of satisfying the performance obligation under the contract. Moreover, a contract liability is recognized when the Group has an obligation to transfer products to a customer from whom the consideration has already been received. The recognition of the contractual liability occurs at the time when the consideration is received and settled. The Group recognizes revenue upon fulfilling the related performance obligation. Contract liabilities are presented as advances from customers in the statement of financial position.

 

The following table provides information about trade accounts receivable and contract liabilities from contracts with customers:

 

   Note  March 31,
2026
   December 31,
2025
 
Trade accounts receivable  4   3,877,391    4,231,924 
Contract liabilities      (498,107)   (344,423)
Total customer contract revenue      3,379,284    3,887,501