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<!--
  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: Wed Oct 17 09:00:00 2018
-->
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    <label:label id="cbs-lr_ContactInformation_label_nl" xlink:label="cbs-lr_ContactInformation_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Contactinformatie</label:label>
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    <label:label id="cbs-lr_PsIsCostOfSales_label_nl" xlink:label="cbs-lr_PsIsCostOfSales_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Inkoopwaarde van de omzet</label:label>
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    <label:label id="cbs-lr_PsIsNetRevenue_label_nl" xlink:label="cbs-lr_PsIsNetRevenue_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Netto-omzet</label:label>
    <label:label id="cbs-lr_PsIsNetResultAfterTax_label_nl" xlink:label="cbs-lr_PsIsNetResultAfterTax_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Nettoresultaat na belastingen</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesAuditorsFeesAndAdvisoryCosts_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesAuditorsFeesAndAdvisoryCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Accountants- en advieskosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesAdministrativeCosts_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesAdministrativeCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Administratieve lasten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesAssuranceCosts_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesAssuranceCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Assurantiekosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesCostsOfCars_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesCostsOfCars_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Autokosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesMaintenanceOtherTangibleFixedAssetsExploitationMachineCosts_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesMaintenanceOtherTangibleFixedAssetsExploitationMachineCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Exploitatie- en machinekosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesAccommodationCosts_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesAccommodationCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Huisvestingskosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesOfficeCosts_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesOfficeCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Kantoorkosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesCostsAccumulatingFunds_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesCostsAccumulatingFunds_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Kosten fondsenwerving</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesOrganisationalCosts_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesOrganisationalCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Organisatiekosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesCostsOfOtherMeansOfTransport_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesCostsOfOtherMeansOfTransport_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Transportkosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpensesSalesCosts_label_nl" xlink:label="cbs-lr_PsIsOperationalExpensesSalesCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten - Verkoopkosten</label:label>
    <label:label id="cbs-lr_PsIsOperationalExpenses_label_nl" xlink:label="cbs-lr_PsIsOperationalExpenses_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfskosten</label:label>
    <label:label id="cbs-lr_PsIsOperatingIncomeOther_label_nl" xlink:label="cbs-lr_PsIsOperatingIncomeOther_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Overige bedrijfsopbrengsten</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWagesSalaries_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWagesSalaries_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Lonen en salarissen</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsPersonnelCostsOther_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsPersonnelCostsOther_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Overige personeelskosten</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsPensionCosts_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsPensionCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Pensioenlasten</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsSocialSecurityContributions_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsSocialSecurityContributions_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Sociale lasten</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxedWage_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxedWage_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Werkkosten belast loon</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWorkingCostsNoWageOrExempted_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsNoWageOrExempted_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Werkkosten geen of vrijgesteld loon</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxExempted_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxExempted_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Werkkosten gericht vrijgesteld</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWorkingCostsIntermediary_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsIntermediary_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Werkkosten intermediair</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWorkingCostsNilValue_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsNilValue_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Werkkosten met nihilwaardering</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxExemptedNecessityCriterium_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxExemptedNecessityCriterium_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Werkkosten noodzakelijkheidscriterium</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWorkingCostsOther_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsOther_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Werkkosten overig</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCostsWorkingCostsFreeFiscalFacility_label_nl" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsFreeFiscalFacility_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten - Werkkosten vrije ruimte</label:label>
    <label:label id="cbs-lr_PsIsPersonnelCosts_label_nl" xlink:label="cbs-lr_PsIsPersonnelCosts_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Personeelskosten</label:label>
    <label:label id="cbs-lr_PsIsResultThirdPartiesResultsAttributableNoncontrollingInterest_label_nl" xlink:label="cbs-lr_PsIsResultThirdPartiesResultsAttributableNoncontrollingInterest_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Resultaat aandeel van derden</label:label>
    <label:label id="cbs-lr_PsIsChangeInStocks_label_nl" xlink:label="cbs-lr_PsIsChangeInStocks_label_nl" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Winst-en-verliesrekening - Wijziging voorraden</label:label>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_ContactInformation" xlink:label="cbs-lr_ContactInformation_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsActivePersons" xlink:label="cbs-lr_PsActivePersons_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsBalanceStocksConstructionConstractsAssets" xlink:label="cbs-lr_PsBalanceStocksConstructionConstractsAssets_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsBalanceStocksInventories" xlink:label="cbs-lr_PsBalanceStocksInventories_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsChangeInStocks" xlink:label="cbs-lr_PsIsChangeInStocks_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsCorporateTaxes" xlink:label="cbs-lr_PsIsCorporateTaxes_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsCostOfSales" xlink:label="cbs-lr_PsIsCostOfSales_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsDepreciationAndAmortisation" xlink:label="cbs-lr_PsIsDepreciationAndAmortisation_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsFinancialRevenuesAndLosses" xlink:label="cbs-lr_PsIsFinancialRevenuesAndLosses_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsNetResultAfterTax" xlink:label="cbs-lr_PsIsNetResultAfterTax_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsNetRevenueProducedGoodsBySpanOfControl" xlink:label="cbs-lr_PsIsNetRevenueProducedGoodsBySpanOfControl_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsNetRevenueTradeGoodsByActivity" xlink:label="cbs-lr_PsIsNetRevenueTradeGoodsByActivity_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsNetRevenue" xlink:label="cbs-lr_PsIsNetRevenue_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperatingIncomeOther" xlink:label="cbs-lr_PsIsOperatingIncomeOther_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesAccommodationCosts" xlink:label="cbs-lr_PsIsOperationalExpensesAccommodationCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesAdministrativeCosts" xlink:label="cbs-lr_PsIsOperationalExpensesAdministrativeCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesAssuranceCosts" xlink:label="cbs-lr_PsIsOperationalExpensesAssuranceCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesAuditorsFeesAndAdvisoryCosts" xlink:label="cbs-lr_PsIsOperationalExpensesAuditorsFeesAndAdvisoryCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesCostsAccumulatingFunds" xlink:label="cbs-lr_PsIsOperationalExpensesCostsAccumulatingFunds_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesCostsOfCars" xlink:label="cbs-lr_PsIsOperationalExpensesCostsOfCars_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesCostsOfOtherMeansOfTransport" xlink:label="cbs-lr_PsIsOperationalExpensesCostsOfOtherMeansOfTransport_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesMaintenanceOtherTangibleFixedAssetsExploitationMachineCosts" xlink:label="cbs-lr_PsIsOperationalExpensesMaintenanceOtherTangibleFixedAssetsExploitationMachineCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesOfficeCosts" xlink:label="cbs-lr_PsIsOperationalExpensesOfficeCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesOrganisationalCosts" xlink:label="cbs-lr_PsIsOperationalExpensesOrganisationalCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpensesSalesCosts" xlink:label="cbs-lr_PsIsOperationalExpensesSalesCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsOperationalExpenses" xlink:label="cbs-lr_PsIsOperationalExpenses_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsPensionCosts" xlink:label="cbs-lr_PsIsPersonnelCostsPensionCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsPersonnelCostsOther" xlink:label="cbs-lr_PsIsPersonnelCostsPersonnelCostsOther_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsSocialSecurityContributions" xlink:label="cbs-lr_PsIsPersonnelCostsSocialSecurityContributions_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWagesSalaries" xlink:label="cbs-lr_PsIsPersonnelCostsWagesSalaries_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWorkingCostsFreeFiscalFacility" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsFreeFiscalFacility_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWorkingCostsIntermediary" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsIntermediary_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWorkingCostsNilValue" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsNilValue_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWorkingCostsNoWageOrExempted" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsNoWageOrExempted_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWorkingCostsOther" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsOther_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWorkingCostsTaxExemptedNecessityCriterium" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxExemptedNecessityCriterium_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWorkingCostsTaxExempted" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxExempted_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCostsWorkingCostsTaxedWage" xlink:label="cbs-lr_PsIsPersonnelCostsWorkingCostsTaxedWage_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsPersonnelCosts" xlink:label="cbs-lr_PsIsPersonnelCosts_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_PsIsResultThirdPartiesResultsAttributableNoncontrollingInterest" xlink:label="cbs-lr_PsIsResultThirdPartiesResultsAttributableNoncontrollingInterest_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsCostOfSales" xlink:label="cbs-lr_SsCostOfSales_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsIndirectTaxesExcludingVAT" xlink:label="cbs-lr_SsIndirectTaxesExcludingVAT_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsNetRevenueTradeGoodsBreakdown" xlink:label="cbs-lr_SsNetRevenueTradeGoodsBreakdown_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsNetRevenue" xlink:label="cbs-lr_SsNetRevenue_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsOperatingIncomeOther" xlink:label="cbs-lr_SsOperatingIncomeOther_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsStocks" xlink:label="cbs-lr_SsStocks_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsTurnoverIncludingVATRelatedToSalesByInternet" xlink:label="cbs-lr_SsTurnoverIncludingVATRelatedToSalesByInternet_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsValueAddedTaxBreakdown" xlink:label="cbs-lr_SsValueAddedTaxBreakdown_loc" xlink:type="locator"/>
    <link:loc xlink:href="cbs-linkroles.xsd#cbs-lr_SsWorkingHours" xlink:label="cbs-lr_SsWorkingHours_loc" xlink:type="locator"/>
  </gen:link>
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