“Can a Belgian open-source IT services firm scale a vertical SaaS suite for field-operations traceability across waste, healthcare logistics, TMS, and fleet management?”
IT-OPTICS started in 2000 as a Belgian open-source IT services shop. Over the last decade it invested heavily in logistics software, positioning itself as an EPCIS/GS1 partner, and in 2022 spun up XEOLIS as a branded SaaS suite for field-operations, traceability, TMS, waste collection, and fleet management. In 2025 it extended into e-invoicing via Peppol — its first meaningful step toward finance-adjacent workflows — but there is no evidence of any embedded finance stack (no payments, banking, lending, cards, or KYC).