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INVESTMENTS IN ASSOCIATES AND JOINT VENTURES (Tables) | 12 Months Ended
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Dec. 31, 2024
Disclosure of investments in associates and joint ventures [Abstract] |
Disclosure of investments in associates and joint ventures | The detail of the investments in associates and joint ventures for the years ended December 31, 2024, and 2023 is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024 | ​ | December 31, 2023
Associates |  | Ps. | 1,429,186 |  | Ps. | 1,288,641
Joint ventures | ​ | ​ | 1,410 | ​ | ​ | 2,042
Total |  | Ps. | 1,430,596 |  | Ps. | 1,290,683
Disclosure of investment in associates of ownership interest percentage | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024 | ​ | December 31, 2023
​ | ​ | Ownership | ​ | Book | ​ | Ownership | ​ | Book
​ | ​ | interest | ​ | value | ​ | interest | ​ | value
Associates | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Gas Natural de Lima y Callao S.A. - Cálidda |  | 40 | % | Ps. | 699,910 |  | 40 | % | Ps. | 614,577
Gases del Caribe S.A. E.S.P. |  | 31 | % | ​ | 348,946 |  | 31 | % | ​ | 328,661
Credibanco S.A. |  | 25 | % | ​ | 216,185 |  | 25 | % | ​ | 210,399
Redeban Multicolor S.A. |  | 20 | % | ​ | 47,967 |  | 20 | % | ​ | 41,562
A.C.H Colombia S.A. |  | 34 | % | ​ | 39,182 |  | 34 | % | ​ | 32,580
Aerocali S.A. |  | 50 | % | ​ | 35,507 |  | 50 | % | ​ | 24,389
ADL Digital Lab S.A.S. |  | 34 | % | ​ | 17,756 |  | 34 | % | ​ | 12,231
Colombiana de Extrusión S.A. - Extrucol | ​ | 30 | % | ​ | 14,484 | ​ | 30 | % | ​ | 14,507
Servicios de Identidad Digital S.A.S. | ​ | 33 | % | ​ | 4,911 | ​ | 33 | % | ​ | 4,039
Energía Eficiente S.A. |  | 33 | % | ​ | 2,249 |  | 33 | % | ​ | 3,485
Metrex S.A. |  | 18 | % | ​ | 2,089 |  | 18 | % | ​ | 2,211
​ | ​ | ​ |  | Ps. | 1,429,186 | ​ | ​ |  | Ps. | 1,288,641
Disclosure of investment in joint ventures of ownership interest percentage |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024 | ​ | December 31, 2023
​ | ​ | Ownership | ​ | Book | ​ | Ownership | ​ | Book
​ | ​ | interest | ​ | value | ​ | interest | ​ | value
Joint ventures | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Renting Automayor S.A.S. (1) |  | 50 | % | Ps. | 945 |  | 50 | % | Ps. | 2,042
Rentek S.A.S | ​ | 50 | % | ​ | 465 | ​ | ​ | ​ | ​ | —
​ | ​ | ​ |  | Ps. | 1,410 | ​ | ​ |  | Ps. | 2,042
| (1) | Joint businesses executed by Grupo Aval’s subsidiaries with specific purposes wherein the joint business assumes no responsibilities for business results, not requiring significant equity resources from Grupo Aval.
Disclosure of the main corporate purpose for associates | ​
​ | ​ | ​ | ​ | ​
​ | ​ | Associate | ​ | Corporate purpose
1 |  | Gas Natural de Lima y Callao S.A. - Cálidda |  | Gas distribution
2 |  | Gases del Caribe S.A. E.S.P. |  | Gas distribution
3 |  | Credibanco S.A. |  | Payment processing
4 |  | Redeban Multicolor S.A. |  | Payment processing
5 |  | A.C.H Colombia S.A. |  | Automated clearing house
6 |  | Aerocali S.A. |  | Projects in airport infrastructure
7 |  | Colombiana de Extrusión S.A. - Extrucol |  | Networks and infrastructure
8 | ​ | ADL Digital Lab S.A.S. | ​ | Technology or digital services
9 | ​ | Servicios de Identidad Digital S.A.S. | ​ | Digital services
10 |  | Energía Eficiente S.A. |  | Gas distribution
11 |  | Metrex S.A. |  | Manufacturing and commercialization of industrial equipment
​ | ​ | ​ | ​ | ​
Disclosure of roll-forward of investments in associates and joint ventures accounts | A roll-forward of investments in associates and joint ventures accounts is shown below for the years ended December 31, 2024, 2023 and 2022: Associates ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31, | ​ | December 31,
​ | ​ | 2024 | ​ | 2023 | ​ | 2022
Balance at the beginning of the year |  | Ps. | 1,288,641 |  | Ps. | 1,419,296 |  | Ps. | 1,170,435
Acquisitions | ​ | ​ | 2,486 | ​ | ​ | 2,433 | ​ | ​ | 7,267
Participation in the profit or loss of the period | ​ | ​ | 379,028 | ​ | ​ | 373,402 | ​ | ​ | 371,127
Participation in Other Comprehensive Income | ​ | ​ | 15,329 | ​ | ​ | (35,892) | ​ | ​ | 81,730
Dividends declared | ​ | ​ | (314,504) | ​ | ​ | (363,466) | ​ | ​ | (301,895)
Entity Liquidation | ​ | ​ | — | ​ | ​ | (282) | ​ | ​ | —
Exchange difference | ​ | ​ | 58,206 | ​ | ​ | (106,850) | ​ | ​ | 90,632
Year-end balance |  | Ps. | 1,429,186 |  | Ps. | 1,288,641 |  | Ps. | 1,419,296
​ Joint ventures
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31, | ​ | December 31,
​ | ​ | 2024 | ​ | 2023 | ​ | 2022
Balance at the beginning of the year |  | Ps. | 2,042 | ​ | Ps. | 4,047 | ​ | Ps. | 2,394
Participation in the period profit or loss | ​ | ​ | (632) | ​ | ​ | (2,005) | ​ | ​ | 1,650
Acquisitions | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3
Year-end balance |  | Ps. | 1,410 | ​ | Ps. | 2,042 | ​ | Ps. | 4,047
​
Disclosure of condensed financial information of the associates accounted for under the equity method | At the time calculating the equity method, the year-end financial information of some associates was not available. Therefore, the financial information of immediately preceding month for the years 2024 and 2023 was used. December 31, 2024 ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Assets | ​ | Liabilities | ​ | Equity | ​ | Income | ​ | Expenses | ​ | Net income LTM
Gas Natural de Lima y Callao S.A. - Cálidda | ​ | Ps. | 6,979,152 | ​ | Ps. | 5,251,752 | ​ | Ps. | 1,727,400 | ​ | Ps. | 3,647,158 | ​ | Ps. | 3,223,946 | ​ | Ps. | 423,212
Gases del Caribe S.A. E.S.P. | ​ | ​ | 4,578,075 | ​ | ​ | 3,417,111 | ​ | ​ | 1,160,964 | ​ | ​ | 3,590,647 | ​ | ​ | 3,213,198 | ​ | ​ | 377,449
Redeban Multicolor S.A. | ​ | ​ | 9,622,497 | ​ | ​ | 9,405,167 | ​ | ​ | 217,330 | ​ | ​ | 565,481 | ​ | ​ | 534,150 | ​ | ​ | 31,331
Credibanco S.A. | ​ | ​ | 443,908 | ​ | ​ | 165,954 | ​ | ​ | 277,954 | ​ | ​ | 410,808 | ​ | ​ | 377,354 | ​ | ​ | 33,454
A.C.H Colombia S.A. | ​ | ​ | 999,582 | ​ | ​ | 870,224 | ​ | ​ | 129,358 | ​ | ​ | 371,014 | ​ | ​ | 251,664 | ​ | ​ | 119,350
Energía Eficiente S.A. | ​ | ​ | 112,296 | ​ | ​ | 91,629 | ​ | ​ | 20,667 | ​ | ​ | 256,529 | ​ | ​ | 256,235 | ​ | ​ | 294
Colombiana de Extrusión S.A. - Extrucol | ​ | ​ | 115,757 | ​ | ​ | 67,478 | ​ | ​ | 48,279 | ​ | ​ | 161,882 | ​ | ​ | 146,334 | ​ | ​ | 15,548
Aerocali S.A. | ​ | ​ | 125,470 | ​ | ​ | 54,456 | ​ | ​ | 71,014 | ​ | ​ | 259,537 | ​ | ​ | 207,302 | ​ | ​ | 52,235
ADL Digital Lab S.A.S. | ​ | ​ | 89,275 | ​ | ​ | 37,050 | ​ | ​ | 52,225 | ​ | ​ | 100,662 | ​ | ​ | 84,412 | ​ | ​ | 16,250
Servicios de Identidad Digital S.A.S. | ​ | ​ | 31,639 | ​ | ​ | 17,367 | ​ | ​ | 14,272 | ​ | ​ | 145 | ​ | ​ | 4,478 | ​ | ​ | (4,333)
Metrex S.A. | ​ | ​ | 44,452 | ​ | ​ | 32,841 | ​ | ​ | 11,611 | ​ | ​ | 67,163 | ​ | ​ | 64,669 | ​ | ​ | 2,494
​ December 31, 2023
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
​ | ​ | Assets | ​ | Liabilities | ​ | Equity | ​ | Income | ​ | Expenses | ​ | Net income LTM
Gas Natural de Lima y Callao S.A. - Cálidda | ​ | Ps. | 6,116,364 | ​ | Ps. | 4,521,154 | ​ | Ps. | 1,595,210 | ​ | Ps. | 3,832,676 | ​ | Ps. | 3,378,051 | ​ | Ps. | 454,625
Gases del Caribe S.A. E.S.P. | ​ | ​ | 4,066,193 | ​ | ​ | 2,974,633 | ​ | ​ | 1,091,560 | ​ | ​ | 3,104,261 | ​ | ​ | 2,730,690 | ​ | ​ | 373,571
Redeban Multicolor S.A. | ​ | ​ | 2,101,985 | ​ | ​ | 1,918,782 | ​ | ​ | 183,203 | ​ | ​ | 443,196 | ​ | ​ | 423,438 | ​ | ​ | 19,758
Credibanco S.A. | ​ | ​ | 431,534 | ​ | ​ | 180,505 | ​ | ​ | 251,029 | ​ | ​ | 329,109 | ​ | ​ | 293,021 | ​ | ​ | 36,088
A.C.H Colombia S.A. | ​ | ​ | 342,153 | ​ | ​ | 232,328 | ​ | ​ | 109,825 | ​ | ​ | 292,592 | ​ | ​ | 184,168 | ​ | ​ | 108,424
Energía Eficiente S.A. | ​ | ​ | 124,797 | ​ | ​ | 100,424 | ​ | ​ | 24,373 | ​ | ​ | 328,840 | ​ | ​ | 325,794 | ​ | ​ | 3,046
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
​ | ​ | Assets | ​ | Liabilities | ​ | Equity | ​ | Income | ​ | Expenses | ​ | Net income LTM
Colombiana de Extrusión S.A. - Extrucol | ​ | ​ | 112,151 | ​ | ​ | 63,795 | ​ | ​ | 48,356 | ​ | ​ | 183,121 | ​ | ​ | 167,562 | ​ | ​ | 15,559
Aerocali S.A. | ​ | ​ | 92,950 | ​ | ​ | 44,172 | ​ | ​ | 48,778 | ​ | ​ | 254,751 | ​ | ​ | 209,945 | ​ | ​ | 44,806
ADL Digital Lab S.A.S. | ​ | ​ | 71,577 | ​ | ​ | 35,602 | ​ | ​ | 35,975 | ​ | ​ | 74,645 | ​ | ​ | 63,492 | ​ | ​ | 11,153
Servicios de Identidad Digital S.A.S. | ​ | ​ | 50,428 | ​ | ​ | 22,812 | ​ | ​ | 27,616 | ​ | ​ | 857 | ​ | ​ | 19,694 | ​ | ​ | (18,837)
Metrex S.A. | ​ | ​ | 41,458 | ​ | ​ | 29,170 | ​ | ​ | 12,288 | ​ | ​ | 80,944 | ​ | ​ | 78,229 | ​ | ​ | 2,715
Disclosure of condensed financial information of the joint ventures accounted for under the equity method | December 31, 2024 ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Assets | ​ | Liabilities | ​ | Equity | ​ | Income | ​ | Expenses | ​ | Net income LTM
Renting Automayor S.A. | ​ | Ps. | 102,899 | ​ | Ps. | 101,008 | ​ | Ps. | 1,891 | ​ | Ps. | 29,928 | ​ | Ps. | 32,121 | ​ | Ps. | (2,193)
Rentek S.A.S |  | ​ | 29,131 |  | ​ | 28,202 |  | ​ | 929 |  | ​ | 15,453 |  | ​ | 14,524 |  | ​ | 929
​ December 31, 2023 ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Assets | ​ | Liabilities | ​ | Equity | ​ | Income | ​ | Expenses | ​ | Net income LTM
Renting Automayor S.A. | ​ | Ps. | 120,113 | ​ | Ps. | 115,786 | ​ | Ps. | 4,327 | ​ | Ps. | 34,762 | ​ | Ps. | 38,774 | ​ | Ps. | (4,012)
​

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