<?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: NT20
  Version: 20251210
  Release date: October 31, 2025
-->
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    <link:label id="bzk-ww-i_LandPositionsArea_periodEndLabel_de" xlink:label="bzk-ww-i_LandPositionsArea_periodEndLabel_de" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="de">Grundbesitzposten Oberfläche zum Ende der Periode</link:label>
    <link:label id="bzk-ww-i_HousingFacilitiesSoldUnderConditions_periodEndLabel_de" xlink:label="bzk-ww-i_HousingFacilitiesSoldUnderConditions_periodEndLabel_de" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="de">Verkaufte Wohneinheiten unter Bedingungen am Ende der Periode</link:label>
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