<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<!--
  This file is part of the Dutch Taxonomy (Nederlandse Taxonomie; NT)
  Intellectual Property of the State of the Netherlands
  Architecture: NT13
  Version: 20181212.a
  Release date: Tue Jun 19 09:00:00 2018
-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="bzk-ti-i_GovernmentReceivables_terseLabel_fr" xlink:label="bzk-ti-i_GovernmentReceivables_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Administration publique</link:label>
    <link:label id="bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits_terseLabel_fr" xlink:label="bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Amélioration de l'habitation, unités résidentielles et non résidentielles</link:label>
    <link:label id="bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses_terseLabel_fr" xlink:label="bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Autres dépenses de fonctionnement</link:label>
    <link:label id="bzk-ti-i_NonWSWSecuredLoanDisclosure_terseLabel_fr" xlink:label="bzk-ti-i_NonWSWSecuredLoanDisclosure_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Autres remarques sur le prêt non garanti par le WSW</link:label>
    <link:label id="bzk-ti-i_RealEstateInDevelopmentForOwnExploitation_terseLabel_fr" xlink:label="bzk-ti-i_RealEstateInDevelopmentForOwnExploitation_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Biens immobiliers en cours de développement pour exploitation propre</link:label>
    <link:label id="bzk-ti-i_SocialSecurityContributionsClassifiedAsOperatingActivities_terseLabel_fr" xlink:label="bzk-ti-i_SocialSecurityContributionsClassifiedAsOperatingActivities_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Charges sociales</link:label>
    <link:label id="bzk-ti-i_PayablesGovernmentCurrent_terseLabel_fr" xlink:label="bzk-ti-i_PayablesGovernmentCurrent_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Dettes envers les administrations publiques</link:label>
    <link:label id="bzk-ti-i_PayablesGovernmentNoncurrent_terseLabel_fr" xlink:label="bzk-ti-i_PayablesGovernmentNoncurrent_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Dettes envers les administrations publiques</link:label>
    <link:label id="bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses_terseLabel_fr" xlink:label="bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Dépenses d'entretien</link:label>
    <link:label id="bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities_terseLabel_fr" xlink:label="bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Emphytéose</link:label>
    <link:label id="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSalesRealEstatePortfolio_terseLabel_fr" xlink:label="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSalesRealEstatePortfolio_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Frais d'organisation imputés</link:label>
    <link:label id="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSoldRealEstateInDevelopment_terseLabel_fr" xlink:label="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSoldRealEstateInDevelopment_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Frais d'organisation imputés</link:label>
    <link:label id="bzk-ti-i_TaxesSocialSecurityContributionsReceivables_terseLabel_fr" xlink:label="bzk-ti-i_TaxesSocialSecurityContributionsReceivables_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Impôts et cotisations de sécurité sociale</link:label>
    <link:label id="bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities_terseLabel_fr" xlink:label="bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Intra-muros</link:label>
    <link:label id="bzk-ti-i_InvestmentOtherFromInvestingActivities_terseLabel_fr" xlink:label="bzk-ti-i_InvestmentOtherFromInvestingActivities_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Investissements autres</link:label>
    <link:label id="bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits_terseLabel_fr" xlink:label="bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Location de logement neuf, unités résidentielles et non résidentielles</link:label>
    <link:label id="bzk-ti-i_IncomeIndependentRentalProperties_terseLabel_fr" xlink:label="bzk-ti-i_IncomeIndependentRentalProperties_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Logements de location indépendants</link:label>
    <link:label id="bzk-ti-i_PayablesGovernmentCurrentPolicy_terseLabel_fr" xlink:label="bzk-ti-i_PayablesGovernmentCurrentPolicy_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Politiques relatives aux dettes envers les administrations publiques</link:label>
    <link:label id="bzk-ti-i_PayablesGovernmentNoncurrentPolicy_terseLabel_fr" xlink:label="bzk-ti-i_PayablesGovernmentNoncurrentPolicy_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Politiques relatives aux dettes envers les administrations publiques</link:label>
    <link:label id="bzk-ti-i_PensionCostsClassifiedAsOperatingActivities_terseLabel_fr" xlink:label="bzk-ti-i_PensionCostsClassifiedAsOperatingActivities_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Prestations de retraite</link:label>
    <link:label id="bzk-ti-i_InternalLoanAsset_terseLabel_fr" xlink:label="bzk-ti-i_InternalLoanAsset_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Prêt interne</link:label>
    <link:label id="bzk-ti-i_InternalLoanLiability_terseLabel_fr" xlink:label="bzk-ti-i_InternalLoanLiability_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Prêt interne</link:label>
    <link:label id="bzk-ti-i_LoansGrantedDisclosure_terseLabel_fr" xlink:label="bzk-ti-i_LoansGrantedDisclosure_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Publication sur les prêts accordés</link:label>
    <link:label id="bzk-ti-i_PayablesGovernmentCurrentDisclosure_terseLabel_fr" xlink:label="bzk-ti-i_PayablesGovernmentCurrentDisclosure_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Publications sur le dettes envers les administrations publiques</link:label>
    <link:label id="bzk-ti-i_PayablesGovernmentNoncurrentDisclosure_terseLabel_fr" xlink:label="bzk-ti-i_PayablesGovernmentNoncurrentDisclosure_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Publications sur le dettes envers les administrations publiques</link:label>
    <link:label id="bzk-ti-i_DivestmentInvestmentProceedsOther_terseLabel_fr" xlink:label="bzk-ti-i_DivestmentInvestmentProceedsOther_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Revenus d'investissement/désinvestissement autres</link:label>
    <link:label id="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_terseLabel_fr" xlink:label="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Revenus locatifs</link:label>
    <link:label id="bzk-ti-i_ReceivablesBWSSubsidiesNoncurrent_terseLabel_fr" xlink:label="bzk-ti-i_ReceivablesBWSSubsidiesNoncurrent_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Subventions BWS à recevoir</link:label>
    <link:label id="bzk-ti-i_WagesSalariesClassifiedAsOperatingActivities_terseLabel_fr" xlink:label="bzk-ti-i_WagesSalariesClassifiedAsOperatingActivities_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Traitements et salaires</link:label>
    <link:label id="bzk-ti-i_IncomeDependentHousingUnits_terseLabel_fr" xlink:label="bzk-ti-i_IncomeDependentHousingUnits_terseLabel_fr" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fr">Unités résidentielles dépendantes</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSalesRealEstatePortfolio_loc" xlink:to="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSalesRealEstatePortfolio_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSoldRealEstateInDevelopment_loc" xlink:to="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSoldRealEstateInDevelopment_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_DivestmentInvestmentProceedsOther_loc" xlink:to="bzk-ti-i_DivestmentInvestmentProceedsOther_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_GovernmentReceivables_loc" xlink:to="bzk-ti-i_GovernmentReceivables_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_IncomeDependentHousingUnits_loc" xlink:to="bzk-ti-i_IncomeDependentHousingUnits_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_IncomeIndependentRentalProperties_loc" xlink:to="bzk-ti-i_IncomeIndependentRentalProperties_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_InternalLoanAsset_loc" xlink:to="bzk-ti-i_InternalLoanAsset_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_InternalLoanLiability_loc" xlink:to="bzk-ti-i_InternalLoanLiability_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_InvestmentOtherFromInvestingActivities_loc" xlink:to="bzk-ti-i_InvestmentOtherFromInvestingActivities_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_LoansGrantedDisclosure_loc" xlink:to="bzk-ti-i_LoansGrantedDisclosure_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses_loc" xlink:to="bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_NonWSWSecuredLoanDisclosure_loc" xlink:to="bzk-ti-i_NonWSWSecuredLoanDisclosure_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses_loc" xlink:to="bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PayablesGovernmentCurrentDisclosure_loc" xlink:to="bzk-ti-i_PayablesGovernmentCurrentDisclosure_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PayablesGovernmentCurrentPolicy_loc" xlink:to="bzk-ti-i_PayablesGovernmentCurrentPolicy_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PayablesGovernmentCurrent_loc" xlink:to="bzk-ti-i_PayablesGovernmentCurrent_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PayablesGovernmentNoncurrentDisclosure_loc" xlink:to="bzk-ti-i_PayablesGovernmentNoncurrentDisclosure_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PayablesGovernmentNoncurrentPolicy_loc" xlink:to="bzk-ti-i_PayablesGovernmentNoncurrentPolicy_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PayablesGovernmentNoncurrent_loc" xlink:to="bzk-ti-i_PayablesGovernmentNoncurrent_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits_loc" xlink:to="bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits_loc" xlink:to="bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_PensionCostsClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_PensionCostsClassifiedAsOperatingActivities_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_RealEstateInDevelopmentForOwnExploitation_loc" xlink:to="bzk-ti-i_RealEstateInDevelopmentForOwnExploitation_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_ReceivablesBWSSubsidiesNoncurrent_loc" xlink:to="bzk-ti-i_ReceivablesBWSSubsidiesNoncurrent_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_SocialSecurityContributionsClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_SocialSecurityContributionsClassifiedAsOperatingActivities_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_TaxesSocialSecurityContributionsReceivables_loc" xlink:to="bzk-ti-i_TaxesSocialSecurityContributionsReceivables_terseLabel_fr" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ti-i_WagesSalariesClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_WagesSalariesClassifiedAsOperatingActivities_terseLabel_fr" xlink:type="arc"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_AttributableOrganisationCostsQualifiedAsSalesRealEstatePortfolio" xlink:label="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSalesRealEstatePortfolio_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_AttributableOrganisationCostsQualifiedAsSoldRealEstateInDevelopment" xlink:label="bzk-ti-i_AttributableOrganisationCostsQualifiedAsSoldRealEstateInDevelopment_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_DivestmentInvestmentProceedsOther" xlink:label="bzk-ti-i_DivestmentInvestmentProceedsOther_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_GovernmentReceivables" xlink:label="bzk-ti-i_GovernmentReceivables_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_IncomeDependentHousingUnits" xlink:label="bzk-ti-i_IncomeDependentHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_IncomeIndependentRentalProperties" xlink:label="bzk-ti-i_IncomeIndependentRentalProperties_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_InternalLoanAsset" xlink:label="bzk-ti-i_InternalLoanAsset_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_InternalLoanLiability" xlink:label="bzk-ti-i_InternalLoanLiability_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_InvestmentOtherFromInvestingActivities" xlink:label="bzk-ti-i_InvestmentOtherFromInvestingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_LoansGrantedDisclosure" xlink:label="bzk-ti-i_LoansGrantedDisclosure_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses" xlink:label="bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_NonWSWSecuredLoanDisclosure" xlink:label="bzk-ti-i_NonWSWSecuredLoanDisclosure_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses" xlink:label="bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PayablesGovernmentCurrentDisclosure" xlink:label="bzk-ti-i_PayablesGovernmentCurrentDisclosure_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PayablesGovernmentCurrentPolicy" xlink:label="bzk-ti-i_PayablesGovernmentCurrentPolicy_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PayablesGovernmentCurrent" xlink:label="bzk-ti-i_PayablesGovernmentCurrent_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PayablesGovernmentNoncurrentDisclosure" xlink:label="bzk-ti-i_PayablesGovernmentNoncurrentDisclosure_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PayablesGovernmentNoncurrentPolicy" xlink:label="bzk-ti-i_PayablesGovernmentNoncurrentPolicy_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PayablesGovernmentNoncurrent" xlink:label="bzk-ti-i_PayablesGovernmentNoncurrent_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits" xlink:label="bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits" xlink:label="bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_PensionCostsClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_PensionCostsClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_RealEstateInDevelopmentForOwnExploitation" xlink:label="bzk-ti-i_RealEstateInDevelopmentForOwnExploitation_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_ReceivablesBWSSubsidiesNoncurrent" xlink:label="bzk-ti-i_ReceivablesBWSSubsidiesNoncurrent_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_SocialSecurityContributionsClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_SocialSecurityContributionsClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_TaxesSocialSecurityContributionsReceivables" xlink:label="bzk-ti-i_TaxesSocialSecurityContributionsReceivables_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ti-data.xsd#bzk-ti-i_WagesSalariesClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_WagesSalariesClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
  </link:labelLink>
</link:linkbase>
