The road to doing business through sports


I’ll be in Seville on February 23rd. To run the marathon – at least that’s the intention…The last few days I mainly feel fear of failure…months of preparation seem to have been for nothing…legs are blocking, muscles hurt, I don’t speed up anymore and I only have an eye for things that can go wrong.

So now it’s time to start believing in myself again! Storms like Ciara or Dennis couldn’t stop me. I can do this!

Good preparation is half the work

Running a marathon is a process and that process started about 3 months ago. Both body and mind have been trained for that one moment (although that one ‘moment’ is expected to last 4,5 hours   ). Running the marathon is the ‘reward’ for the hard work that has been done. And that it’s hard work, I can assure you! This is how I handled it:

  • Help from a coach

A training schedule works for me. Based on a fitness test, I had a training schedule drawn up at Energylab. The plan is based on my ability and I carry it out. 4 days a week. Without thinking about it.

  • Measuring is knowing – working towards a goal

Carrying out a training course is fun, but even more fun is keeping track of everything, seeing progress in numbers and getting “kudos” from fellow athletes in between. The last three months looked like this – according to Strava:

  • Setting priorities and growing character

Managing the agenda and scheduling training is a challenge. It takes character to put on your running shoes at night and brave the winter rain and wind for an hour.

  • Support from friends and colleagues

Running with an adapted training schedule is lonely. Luckily, I could count on a good friend to accompany me on the longer endurance runs. When I planned a training session at noon, the colleagues run with me enthusiastically. Thank you! You made those 54 hours a lot more enjoyable! 🙏

The reward

No matter how February 23rd goes – fast or slow, with or without a medal – the reward is already in. Despite the fear that occasionally overwhelms me, I feel strong and resilient: the mind is stronger than the body… And that feeling doesn’t only come in handy when exercising. It also helps to endure the rollercoaster of doing business. In any case, the 8 phases of a marathon are very similar to life as an entrepreneur   :

8 stages of marathon running

  • phase 1: excitement
  • phase 2: denial
  • phase 3: shock
  • phase 4: isolation
  • phase 5: despair
  • phase 6: ‘the wall’
  • phase 7: confirmation
  • phase 8: elation phase

So I’m confident I’ll get to Phase 8 on February 23rd! 🚀

What are your tips for getting through phase 3 to 6 – as an entrepreneur or as an athlete?


PSD2 gives you control over your financial data

PSD2 gives you control over your financial data

Hi, my name is Veroniek Willen and I'm responsible for Operations within TOCO.

Much has been said and written about PSD2 (Payment Service Directive). Certainly for your financial service providers, such as banks and bookkeepers, it has been a popular conversation topic for some time now. But what does it actually mean for you as an entrepreneur, now that the first applications of PSD2 are gradually being launched on the market? 

A framework for sharing financial data

PSD2 is a European regulation, and therefore applicable to all European banks.  The regulation obliges banks to open account information and payment initiation when you, as an account holder, give permission to do so.  You can only give this permission to parties who have a licence with the National Bank. This licence is only granted after a thorough examination of the internal organisation, compliance and IT security. The parties thus comply with strict conditions with regard to the security of your data.

Your financial administration becomes a lot more efficient

“Cash is King” goes the saying, meaning that your cash position should be the beating heart of your business. That’s easier said than done.

To do your administration, you typically use a digital archive where you collect all important documents (from purchase and sales invoices to company documents). If you want to make a payment or want to know whether a sales invoice has been paid, you consult your banking application(s).  And at the end of the quarter at the latest, you make sure that everything reaches the accountant.

Your financial data are scattered throughout your archive, your banking application and the bookkeeping. Anyone who has tried to make a cash or budget forecast knows how challenging it is to bring together data from these different sources.

With PSD2 it is not only possible to finally link your bank information to your documents, but also to make a payment directly from your documents. You can also share your bank details with your accountant, so that these data are also linked to your bookkeeping.

With TOCO, you don't have to wait for PSD2 - Centralise your financial administration right now.

PSD2 offers numerous advantages for you as an entrepreneur, but so far we have seen a slow adoption. Even though the legislation has been applicable since September 2019, few banks are ready to deliver qualitative data and the number of parties offering solutions is limited.

With TOCO, you can already enjoy the benefits awaiting PSD2.  The predecessor of PSD2 is CODA (coded daily statements) and these CODA files are usually already processed in your accounting system. With TOCO you can now consult CODA files yourself. This way you always have an overview of your cash position and bank transactions at a glance.

Payments of invoices can be made in TOCO by means of a QR code. This QR code works at KBC, Belfius and Bunq. This way you do not have to type over all the payment details of your invoice into your banking application.

What’s more, you can easily forward your documents to your accountant so that your bookkeeping is always up to date.

The advantages at a glance

  • PSD2 is a European regulation, and therefore applicable to all European banks.

  • As an entrepreneur, you give yourself permission to share your data

  • The parties with whom you share the data must have a licence from the National Bank. This means that they are thoroughly screened and comply with strict conditions regarding the security of your data.

  • Control over your financial data provides you with the following options:

    • Bring together your account information from different banks in a single tool, so that you maintain an overview of your cash position.

    • Link your documents to your bank transactions. This gives more context to your bank transactions and makes it easier for you to look them up later.

    • Pay your invoices easily and with one click, without having to switch to your banking application.

    • Share your documents and your bank details with your bookkeeper so that reconciliation in your bookkeeping can run smoothly.

With TOCO, you don’t have to wait for PSD2!

TOCO gives access to your CODA files and let you connect with your bookkeeper to make your administration more efficient already.

TOCO gives you peace of mind when it comes to your paperwork:

  • centralise your documents
  • pay for them with one click
  • and forward them to your accountant…all from one solution.

TOCO join forces with other Belgian fintechs to accelerate PSD2 implementation

Belgian fintechs join forces to accelerate PSD2 implementation

Interest group A78 founded to provide consumers with the service they are legally entitled to

As of today, A78 unites Belgian payment institutions licensed by the National Bank of Belgium. As a result, the new payment institutions, mostly so-called fintech companies, now have their own interest group.

Press Release

The association, of which the full name is “Association of 7 and 8”, unites all Belgian payment institutions licensed by the National Bank of Belgium (NBB) for services 7 and 8, respectively the new payment initiation services and account information services. Hence the name A78.

Rapidly changing banking landscape

The new interest group exists alongside other sector organisations such as Febelfin, which has been known since 2003 to represent the interests of the financial sector in Belgium. In practice, these are mainly traditional large banks.

However, technological and legal innovations have shaken the sector up considerably in recent years. Among other things, the European PSD2 (Payment Service Directive 2) regulations, which became applicable on 14 September 2019, opened the doors to new, mostly technological, players on the market. These players often have different needs and interests than the traditional players. A78 will represent and defend these interests vis-à-vis the government, national regulators, European or supranational institutions, traditional financial institutions and consumer organisations. It will also inform and advise its members and act as a spokesman to the media.

Joining forces for PSD2 implementation

A first important topic that will be addressed is to collect all the problems of the members concerning PSD2 connections with the Belgian banks and discuss them bilaterally with the banks and with the NBB. The so-called APIs (digital connections that the banks have to provide) often fall short. As a result, the customers of these new payment institutions cannot get the service to which they are legally entitled.

The interest group was initiated by Cake, the free banking app that will be launched this year and which allows users to manage multiple accounts from 1 app, gives advice and cashbacks and allows users to earn a penny by processing their banking transactions into insights for businesses. After consultation with the NBB about the faltering implementation of PSD2, Cake took the initiative, at the request of the NBB, to join forces with other fintech players in order to form a single point of contact for parties such as Febelfin and the NBB.

“More than 4 months after the PSD2 deadline for the banks, we are still experiencing problems connecting to the APIs of several Belgian banks. Consumers are therefore still unable to make proper use of the services of Cake and other new players even though they are legally entitled to do so. We hope, with A78, to reach a constructive solution with the banks soon.” says Davy Kestens, founder and CEO of Cake. 

“The Belgian consumer will be the primary victim of poor implementation of the new banking regulations.”

Open association

A78 was set up as an unincorporated association. The aim is to connect all players working under license 7 and 8. In the course of the coming months, A78 will be converted into a non-profit association. Then all payment institutions (including those with permits 1 to 6) will be able to join.

For the time being, the chairmanship is in the hands of Yves Bovin, Head of Legal & Operations at Cake. Once the association is fully on track, an independent chairman will be appointed.

Our Mission

A78 was created in January 2020 and aims to unite all Belgian payment institutions licensed by the National Bank of Belgium for services 7 (payment initiation services) and 8 (account information services).

A78 will represent and defend their interests vis-à-vis the government, national regulators, European or supranational institutions, traditional financial institutions and consumer organisations.

The members of A78 are Accountable, Cake, Digiteal, Exthand, Ibanfirst and Toco.

Forward documents digitally to your accountant: only 1 click

Forward documents digitally to your accountant: only 1 click

Hello, my name is Jonas, Lead Analyst on the TOCO platform. TOCO is the abbreviation of 'Together Connected' and that's exactly what TOCO stands for: easy collaboration with your accountant. In the next blog I would like to tell you how you can forward your documents to your bookkeeper in just 1 click.


In the previous blogs I already described how to easily upload your documents to TOCO: via the upload button or via your TOCO email address. As soon as they are uploaded you will find them in your inbox under the menu ‘Documents’ > Accounting. The inbox shows the list of uploaded documents that have not yet been sent to the bookkeeper. Which characteristics of the documents are shown, depends on their status. If they have been received by email, you have not yet filled in data such as ‘type of document’.

It is mainly the ‘type of document’ that is important. We send the type of document along to the accounting package. More specifically, we have several digital mailboxes for each type of document. This way, your bookkeeper can easily process the documents. Purchase invoices must be processed differently from sales invoices and so on.

Forwarding to your bookkeeper

On a document in your inbox you can perform 3 actions:

  1. Send to accountant

  2. Move to company files –> will be discussed in one of my next blogs

  3. Delete

Tip: If the ‘send to accountant’ button is greyed out, the file is larger than the allowed file size of your accounting package. Try to reduce the size of the document.

As soon as you have forwarded a document to your bookkeeper, the document will move from the tab ‘Inbox’ to the tab ‘Sent to accountant’. In the tab ‘Sent to accountant’ you will see the status of your document.

  1. Sent: document has been successfully sent to your accountant.

  2. Failed: document was sent unsuccessfully. Try again via the ‘Resend’ button.

The status of your documents

As soon as the document has the status ‘sent’, the document is delivered to your file in the accounting package of your accountant. Your accountant can now start processing your documents. From now on you know exactly when your accountant has processed your documents, because TOCO gives you back the status of the processed documents. In the tab ‘Sent to accountant’ you can see that the status of your document has changed to:

  1. Booked:document has been booked by your bookkeeper.

  2. Refused: document has been refused by your accountant, e.g. because it was a private payment

To consult the booking number of a document, open the document (by clicking on the document name) and then you will see the status and booking number from your bookkeeper’s accounting package on the top right.

Your bookkeeper doesn't work with TOCO yet?

You can of course also use TOCO if your bookkeeper has not yet taken the step to TOCO. How to do so will be explained in one of our next blogs.

And THAT is how you go paperless, welcome in 2020!

And THAT is how you go paperless! Welcome in 2020!

A human being is a creature of habit, and yet...

At the start of each year we launch some good intentions: we want to do more sports, drink less, eat healthier, spend more time with the family, …

Easier said than done, it usually turns out around summer.

We let technology make our lives easier in so many ways and yet there is still a barrier to trying something new.

Let 2020 be the year in which entrepreneurs say in full: ‘now I’m going for it, now I choose TOCO’. The late evenings in front of the computer will be part of the period for the year change.

Do business consciously and leave administration to the technology. Always have access to your complete administrative file, find documents very quickly, pay in just a few clicks, follow up payments, communicate with your advisor about a document, deliver your invoices in the accounting software and get immediate feedback about your company.
Reduce the workload of your accountant and opt for quality. Connect with your trusted advisor.

We wish you a warm 2020, a year in which you make time for what really matters.

Become TOgether COnnected and make time for those good intentions!

Open Application

We are looking for an expert JavaScript front end developer who can help us build an innovative user interface for SMEs, accountants and banks. The front-end technology stack is based on Vue.js with Vuetify, all written in Typescript. UI/UX designs are always made by an experienced UI/UX designer to use as a basis for actual implementation. You will be involved in the development, testing (unit/smoke/integration), build and deployment of the new front end. You also have some affinity with microservices architecture to call and orchestrate backend services.

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TOCO embraces a new team member🥳

TOCO Embraces a new team member🥳

We are delighted to announce we are boosting our leadership team with a Chief Commercial Officer, Olivier Constant.

Olivier has 25 years of experience within the technology industry, including almost 15 years as a Sales Director at Exact in Belgium, France, UK, Spain and Germany.

In his role at TOCO, Olivier will be responsible for putting TOCO on the map on Belgian and international soil by building a good sales organization in close cooperation with accountants and entrepreneurs.


Before taking on his role at TOCO, Olivier held various leadership positions at Exact where he worked very close with Belgian accountants by introducing Exact Online and building significant success in terms of market shares, launch of new digital ways of working and a collaborative platform.

Olivier’s experience in sales management has also helped companies like EMAsphere to expand their global sales teams and account management capacity.

We let you in on a little inside info about Olivier 🤫

Beside his international sales career, Olivier is passionate about cycling. “Cycling is gaining new popularity as a healthy and environmentally sustainable form of transportation. But cycling, for me, is also a way to keep my balance in life. And in the end I just love to challenge myself. Every year I try to climb at least one impressive mountain.”

Just some of the reasons Olivier was happy to join our TOCO team…🤗

“When you’re looking for a new role, there are certain things you look for in a company,” says Olivier. “Do they have a good leadership? Are they people-focused? Do they have great ambitions? And lastly, do they have a solution that is innovative and forward thinking? TOCO has all of above.”

“TOCO is a fast growing fintech,” comments Olivier. “They have been growing at an amazing pace and have already closed key partnerships, I am really looking forward to support them on this journey. Taking TOCO to the next stage of their vision is my number one goal.” 

“We are incredibly pleased with the arrival of our CCO. Given the rapid growth of TOCO in recent months and in order to be able to respond to market demand, there could not have been a better timing for Olivier to join our team. His experience and his absolute expertise within the accounting sector are a great asset to TOCO. Olivier and I already worked together in the past, being in a client-supplier relationship, so we are not strangers to each other.” explains CEO Philippe Kimpe


STARTER VAN DE WEEK: TOCO, het financiële kompas van elke ondernemer


GENTBRUGGE – Toco is een nieuwe onmisbare applicatie voor ondernemers. Je volgt er je financiële administratie mee op de voet. Je verschillende bankrekeningen worden samengebracht in één portaal waar ook al je documenten, facturen, transacties en gegevens over je boekhouding te vinden zijn. “We halen de complexiteit van boekhouden weg door het financieel beheer van jouw onderneming in 1 handige applicatie aan te bieden”, zegt CEO Philippe Kimpe.

Meer lezen? -lees het volledige artikel op:

Wolters Kluwer in Belgium and TOCO will work together to better help Entrepreneurs and Accountants with accounting

Wolters Kluwer in Belgium and TOCO will work together to better help Entrepreneurs and Accountants with accounting

"Let every user generate an impact faster for his organization"

18th of November, 2019 – Wolters Kluwer, enters into a collaboration with TOCO. This is a start-up from Ghent, which offers a platform that helps entrepreneurs, bookkeepers and accountants to organize and optimize their work as efficiently as possible.

Today, many bookkeepers, accountants and entrepreneurs deal with an ever-increasing financial burden. This creates a lack of structure. In order to tackle that problem and to extend the robust user experience for customers of its accounting, tax and office software, Wolters Kluwer Belgium will collaborate with the Ghent start-up TOCO. TOCO is a platform that helps simplify financial administration for SMEs and accountants thanks to software specially developed for this purpose.

Wolters Kluwer, Tax & Accounting, Belgium will create open integration opportunities between its software and the platform that TOCO has developed. Through more efficient communication and the easy exchange of documents such as invoices and official declarations, the cooperation between accountants and entrepreneurs can be greatly optimized and digitized. As a result, we meet the demands and expectations of our users and we help them to quickly and correctly generate impact for their organization in a smooth, intuitive way. As a result of the collaboration, any end user would be able to reap the benefits of the long history of Wolters Kluwer domain expertise and domain knowledge.

“Our strengths complement each other perfectly, so that we will support our customers – independent bookkeepers, accountancy offices and entrepreneurs – even better in their daily financial reporting. By opening integration between our software packages and the TOCO platform, the end user can have a more user-friendly, digital experience,” says Ronny De Goedt, Managing Director for Wolters Kluwer Tax & Accounting Belgium.

By integrating TOCO in Wolters Kluwer Tax & Accounting Belgium software packages, a lot of information will be able to automatically flow from the platform to the software packages, which means that every user will work more efficiently. Adding documents to their file faster helps ensure that entrepreneurs can consult updated financial insights more often and faster. The TOCO platform also allows you to make payments. TOCO, for example, has the option to pay with QR codes and a PSD2 license is now also being applied for.

 “We are proud that Wolters Kluwer Belgium offers us this opportunity. Our software supports accounting firms and SMEs in their daily administration and communication. We want to form an easily understandable financial compass and to relieve the end customer as much as possible. The automated process saves time for the accountant, which means that they can invest more time in providing advice to the end customer, ”says Philippe Kimpe, CEO of TOCO.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.

Wolters Kluwer reported 2018 annual revenues of €4.3 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 18,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S.(WTKWY).

For more information, visit, follow us on Twitter, Facebook, LinkedIn, and YouTube.

About TOCO

The financial compass that keeps your business on track.

Strong in all its simplicity. TOCO supports companies in their daily administration and communication.

Nowadays, there are many tools that simplify the hassle of financial administration.
However, making them work together can be a challenge.
We are breaking the standard and pushing the boundaries of financial administration.

As an entrepreneur, you use TOCO to load documents and share them with your accountant. But also invoice creation, recognition, payment and processing is effortless. From 1 application you connect with all your service providers such as your bank, accountant, government and payroll provider. TOCO integrates seamlessly with Silverfin.

If you are an accountant, you will only need one platform to connect with all your customers. Avoid quarterly stress thanks to the continuous inflow of ready-to-work information. Repetitive tasks are automated, for more time for advice. Tailored to your customers, that’s the only way to become a valued business partner.

TOCO is a unique ecosystem that connects partners, data and third party software. TOCO is a Ghent startup created from the accountancy sector and supported by a technology company.
TOCO consists of a diverse team of professionals with backgrounds in accounting, banking, IT and payment solutions.

TOCO has a PSD2 license in application.

For more information, please visit and follow us on Facebook, LinkedIn and Instagram.

Contact TOCO

Philippe Kimpe – CEO

Together Connected NV
+32 475 494249 –


Contact Wolters Kluwer

Ellyne Temmerman – Manager, Marketing

Wolters Kluwer, Tax & Accounting, Belgium

+32 4 97 81 65 33 –

Full Stack .NET Core Developer

We are looking for an experienced full stack .NET Core/C# developer who can help us build an innovative digital platform for SMEs, accountants and banks. The main technology stack is based on a micro-services architecture where services are deployed and managed on Google Cloud Platform with docker and kubernetes.

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