Bellaque- is a truncated form of the word bellaquera, which is a slang term often used in reggaeton and urban music. It refers to a state of naughtiness, mischief, or a strong desire for physical intimacy.
In the context of this song, Nicky Jam uses it to express his intense desire and frustration when his partner isn't present. He sings, "Y no aguantarme to' esta bellaque-" (And not being able to hold back all this naughtiness/desire), highlighting the passionate and suggestive nature of the lyrics.
"La Toco" is Nicky Jam's ode to a physical, all-consuming relationship. The chorus keeps circling one idea: the moment he touches her, she loses all control, and that reaction is exactly what keeps drawing him back in.
The verses build the same story from different angles. He remembers a night that started under the moon and lasted until sunrise, then replays that memory in his head whenever they're apart. He also plays with the push and pull between them, the teasing, the impatience, and the craving for her attention.
The ad-libbed shout-outs near the end (JB Boy, Dimelo Flow, La Industria, Inc.) name the producers and team behind the track, a common signature in reggaeton and Latin trap records.