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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: Tue Jun 19 09:00:00 2018
-->
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    <gen:arc order="1" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="valueAssertion_IncomeStatementSmall_PrtValueThnNoExistenceCovA6_loc" xlink:to="IncomeStatementSmall_PrtValueThnNoExistenceCovA6_label_NL" xlink:type="arc"/>
    <gen:arc order="1" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="valueAssertion_IncomeStatementSmall_PrtValueThnNoExistenceCovA7_loc" xlink:to="IncomeStatementSmall_PrtValueThnNoExistenceCovA7_label_NL" xlink:type="arc"/>
    <label:label id="IncomeStatementSmall_PrtFST102Variables1_label_NL" xlink:label="IncomeStatementSmall_PrtFST102Variables1_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">OperatingResult BEHOORT gelijk te zijn aan + GrossMargin - SumOfExpenses.</label:label>
    <label:label id="IncomeStatementSmall_PrtFST101Variable1_label_NL" xlink:label="IncomeStatementSmall_PrtFST101Variable1_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">OperatingResult BEHOORT gelijk te zijn aan + OperatingResultCashFlow.</label:label>
    <label:label id="IncomeStatementSmall_PrtFST103Variables1_label_NL" xlink:label="IncomeStatementSmall_PrtFST103Variables1_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">ResultAfterTax BEHOORT gelijk te zijn aan + ResultBeforeTax - IncomeTaxExpense + ShareInResultsParticipatingInterests.</label:label>
    <label:label id="IncomeStatementSmall_PrtFST105Variables1_label_NL" xlink:label="IncomeStatementSmall_PrtFST105Variables1_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">ResultBeforeTax BEHOORT gelijk te zijn aan + OperatingResult + IncomeReceivablesNoncurrentSecurities + RevaluationReserveRelease - ChangesValueFinancialAssetsSecurities + FinancialIncomeExpenses.</label:label>
    <label:label id="IncomeStatementSmall_PrtFST108Variables1_label_NL" xlink:label="IncomeStatementSmall_PrtFST108Variables1_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">SumOfExpenses BEHOORT gelijk te zijn aan + SellingExpenses + GeneralAdministrativeExpenses + EmployeeBenefitsExpenses + DepreciationPropertyPlantEquipmentAmortisationIntangibleAssets + ChangesInValueIntangibleAssetsPropertyPlantEquipment + ChangesValueInvestmentProperties + ImpairmentCurrentAssets + OperatingExpensesOther.</label:label>
    <label:label id="IncomeStatementSmall_PrtValueThnNoExistenceCovA3_label_NL" xlink:label="IncomeStatementSmall_PrtValueThnNoExistenceCovA3_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Wanneer de gerapporteerde waarde van IncomeStatementClassificationType gelijk is aan Categoriaal dan BEHOORT GeneralAdministrativeExpenses NIET gerapporteerd te worden.</label:label>
    <label:label id="IncomeStatementSmall_PrtValueThnNoExistenceCovA4_label_NL" xlink:label="IncomeStatementSmall_PrtValueThnNoExistenceCovA4_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Wanneer de gerapporteerde waarde van IncomeStatementClassificationType gelijk is aan Categoriaal dan BEHOORT SellingExpenses NIET gerapporteerd te worden.</label:label>
    <label:label id="IncomeStatementSmall_PrtValueThnNoExistenceCovA6_label_NL" xlink:label="IncomeStatementSmall_PrtValueThnNoExistenceCovA6_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Wanneer de gerapporteerde waarde van IncomeStatementClassificationType gelijk is aan Functioneel dan BEHOORT ChangesInValueIntangibleAssetsPropertyPlantEquipment NIET gerapporteerd te worden.</label:label>
    <label:label id="IncomeStatementSmall_PrtValueThnNoExistenceCovA5_label_NL" xlink:label="IncomeStatementSmall_PrtValueThnNoExistenceCovA5_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Wanneer de gerapporteerde waarde van IncomeStatementClassificationType gelijk is aan Functioneel dan BEHOORT DepreciationPropertyPlantEquipmentAmortisationIntangibleAssets NIET gerapporteerd te worden.</label:label>
    <label:label id="IncomeStatementSmall_PrtValueThnNoExistenceCovA7_label_NL" xlink:label="IncomeStatementSmall_PrtValueThnNoExistenceCovA7_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Wanneer de gerapporteerde waarde van IncomeStatementClassificationType gelijk is aan Functioneel dan BEHOORT EmployeeBenefitsExpenses NIET gerapporteerd te worden.</label:label>
    <label:label id="IncomeStatementSmall_PrtValueThnNoExistenceCovA2_label_NL" xlink:label="IncomeStatementSmall_PrtValueThnNoExistenceCovA2_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Wanneer de gerapporteerde waarde van IncomeStatementClassificationType gelijk is aan Functioneel dan BEHOORT ImpairmentCurrentAssets NIET gerapporteerd te worden.</label:label>
    <label:label id="IncomeStatementSmall_PrtValueThnNoExistenceCovA1_label_NL" xlink:label="IncomeStatementSmall_PrtValueThnNoExistenceCovA1_label_NL" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="nl">Wanneer de gerapporteerde waarde van IncomeStatementClassificationType gelijk is aan Functioneel dan BEHOORT OperatingExpensesOther NIET gerapporteerd te worden.</label:label>
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