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We're a digital studio

Building top-notch products for our clients from end to end






Users served



Our glass office building in Leuven, Belgian.

Our values


We play the long game

Quality takes time and there are no corners you can cut in pursuit of product market fit. We fundamentally trust in the product development process: being consistent in decision making over a long time span combined with excellence in delivery will give the greatest chance of success.


Users pave the way

Rather than merely delivering on predefined specifications, we continuously gather user input in order to let our audiences influence the product roadmap and key functional decisions. We believe in joint user- and revenue milestones together with our clients.


We raise the bar

At the end of the day, the bits and bytes we ship are our key deliverables. We honour great engineering and we’ll never stop pushing ourselves and each other to keep raising the bar and take part in shaping best practices in our industry. Doing inspired work is great. Raising the bar is awesome.

Panenco team is discussing solution for a product in the office space.
CEO Egwin Avau in the office.

Founding story

Panenco was founded in September of 2014 by Egwin Avau and Maarten Baeten. Following their studies at KU Leuven, they started out in the university's student incubator center - KU Leuven KICK - to lay the foundations for a mixed service and product strategy.

Teams started to shape up in Belgium, Ukraine and Portugal, amounting to 35+ specialists. Maarten left the firm in 2018 to join McKinsey & Company, yet he remains Panenco's biggest fan from the sidelines.

Company positioning

We are a center of excellence for all-things-digital. We will keep attracting and educating the strongest product talent on the market so our clients can rest assured of the highest possible standards.

We give a lifelong commitment to keep working on the bleeding edge of technology, and then some.. Our success will be measured by the sum of the impact of the products we build for our clients.

Top managers working in the Panenco office space.

Meet the team

We're a driven group of innovators with a passion for technology and hearts in the right place

Panenco team enjoying a discussion of the project on a real-life meeting in the office.

Let's build!

Are you looking for an entrepreneurial digital partner?
Reach out to hello@panenco.com.

Egwin Avau
Founding CEO
Koen Verschooten
Operations manager

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