v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Presentation of leases for lessee [abstract]  
Disclosure of quantitative information about right-of-use assets [text block]
 Lands Machinery and equipment BuildingsShips and boatsVehicles Total
Balances at December 31, 20233,380,298 184,813 127,432 1,498,228 5,860 5,196,631 
Additions/updates506,373 157,542 41,235  39,076 744,226 
Depreciation (1)
(408,000)(167,312)(54,275)(124,890)(2,587)(757,064)
Write-offs (2)
(3,102) (3,102)
Balances at December 31, 20243,475,569 175,043 114,392 1,373,338 42,349 5,180,691 
Additions/updates618,637 212,173 135,659 10,765 977,234 
Depreciation (1)
(441,499)(200,883)(58,630)(122,833)(1,622)(825,467)
Write-offs (2)
(327)(277)(65)(669)
Balances at December 31, 20253,652,380 186,056 191,356 1,261,270 40,727 5,331,789 
(1)The amount of depreciation related to land is substantially reclassified to biological assets to make up the formation costs.
(2)Write-off due to cancellation of contracts.
Lessee, Operating Leases, Present Value Of Lease Liabilities [Table Text Block ]
Nature of agreement
Average rate - % p.a. (1)
Maturity (2)
Present value of liabilities
Lands and farms

12.62%September/20534,173,418 
Machinery and equipment

11.65%April/2035312,782 
Buildings

11.27%February/2035191,085 
Ships and boats

11.25%February/20392,231,092 
Vehicles

11.10%November/202821,513 
6,929,890 
(1)For the determination of the discount rates, the market CDI rate obtained from the yield curve on B3’s official website was used, considering the term equivalent to the final maturity and the nature of the contracts.
(2)Refers to the original maturities of the agreements and, therefore, does not consider eventual renewal clauses.
Lessee, Operating Leases, Changes in Lease Liabilities
12/31/202512/31/2024
Opening balance6,972,915 6,243,782 
Additions/updates977,234 744,226 
Write-offs(669)(3,102)
Payments(1,447,973)(1,325,398)
Accrual of financial charges (1)
733,342 700,283 
Exchange rate variations(304,959)613,124 
Closing balance6,929,890 6,972,915 
Current857,810 872,228 
Non-current6,072,080 6,100,687 
(1)On December 31, 2025, the amount of R$265,463 related to interest expenses on leased lands was capitalized to biological assets to represent the formation cost (R$249,135 as of December 31, 2024).
Lessee, Operating Leases, Expenses Recognised in Profit or Loss [Table Text Block ]
The amounts recognized are set out below:
12/31/202512/31/2024
Expenses relating to short-term assets3,191 6,477 
Expenses relating to low-value assets56 4,083 
3,247 10,560