v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about financial instruments [abstract]  
Schedule of Derivative Financial Instruments Breakdown of derivative financial instruments
Changes in fair valueForward – fuelOption fuel
Conversion right debentures (a)
Total
At December 31, 2023(60,102)12,266 (488,775)(536,611)
Gains (losses) recognized in result(108,435)(10,871)437,035 317,729 
Payment (receipts)103,162 (1,395)— 101,767 
At December 31, 2024(65,375)— (51,740)(117,115)
Gains (losses) recognized in result(20,023)— 1,006,544 986,521 
Payments46,822 — — 46,822 
Transfers (b)
38,576 — — 38,576 
Restructuring (c)
— — (961,252)(961,252)
At December 31, 2025— — (6,448)(6,448)
Non-current convertible instruments— — (6,448)(6,448)
— — (6,448)(6,448)
(a)    Balance recorded in the consolidated, representing 311,299,938 options for conversion into shares..
(b)    The balance of transfers to “Loans and Financing”.
(c)    Refers to the effects of the extinction and reconstitution of the right of conversion.