v3.26.1
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2025
Intangible assets and goodwill [abstract]  
Schedule of Intangible Assets Breakdown of intangible assets
DescriptionWeighted average rate (p.a.)December 31,
2024
AcquisitionsWrite-offsDecember 31,
2025
Cost
Goodwill
901,417 — — 901,417 
Slots
126,547 — — 126,547 
Software 898,465 203,459 (107,740)994,184 
1,926,429 203,459 (107,740)2,022,148 
Amortization
Software30 %(366,816)(226,372)107,040 (486,148)
(366,816)(226,372)107,040 (486,148)
Total intangible assets, net1,559,613 (22,913)(700)1,536,000 
DescriptionWeighted average rate (p.a.)December 31,
2023
Acquisitions
Write-offs
Transfer (a)
December 31,
2024
Cost
Goodwill901,417 — — — 901,417 
Slots126,547 — — — 126,547 
Software776,311 300,595 (178,404)(37)898,465 
1,804,275 300,595 (178,404)(37)1,926,429 
Amortization
Software28 %(341,028)(201,431)175,643 — (366,816)
(341,028)(201,431)175,643 — (366,816)
Total intangible assets, net1,463,247 99,164 (2,761)(37)1,559,613 
(a)The transfer balances are between the group “Property and equipment”.
Schedule of Description
December 31,
Description20252024
Book value14,433,323 16,064,846 
Value in use22,785,391 28,320,408 
Discount rate12.9%12.4 %
Perpetual growth rate4.3%4.8 %
Sensitivity test
10% variation
Value in use20,506,852 25,488,367 
Change in value in use(2,278,539)(2,832,041)
25% variation
Value in use 17,089,043 21,240,306 
Change in value in use (5,696,348) (7,080,102)