<?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
-->
<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-ww-i_TotalOfAppliedRentIncreaseIncludingHarmonisationPercentage_totalLabel_en" xlink:label="bzk-ww-i_TotalOfAppliedRentIncreaseIncludingHarmonisationPercentage_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Applied rent increase (total including harmonisation)</link:label>
    <link:label id="bzk-ww-i_BalanceCashInflows_totalLabel_en" xlink:label="bzk-ww-i_BalanceCashInflows_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Balance cash inflows</link:label>
    <link:label id="bzk-ww-i_BalanceCashOutflows_totalLabel_en" xlink:label="bzk-ww-i_BalanceCashOutflows_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Balance cash outflows</link:label>
    <link:label id="bzk-ww-i_BalanceFinancialFixedAssets_totalLabel_en" xlink:label="bzk-ww-i_BalanceFinancialFixedAssets_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Balance incoming and outgoing cashflow FVA</link:label>
    <link:label id="bzk-ww-i_CashFlowPPEActivities_totalLabel_en" xlink:label="bzk-ww-i_CashFlowPPEActivities_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Balance incoming and outgoing cashflow MVA</link:label>
    <link:label id="bzk-ww-i_ActivitiesOverviewDetailCashInflows_totalLabel_en" xlink:label="bzk-ww-i_ActivitiesOverviewDetailCashInflows_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total cash in flows</link:label>
    <link:label id="bzk-ww-i_ActivitiesOverviewDetailCashOutflows_totalLabel_en" xlink:label="bzk-ww-i_ActivitiesOverviewDetailCashOutflows_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total cash out flows</link:label>
    <link:label id="bzk-ww-i_ActivitiesOverviewDetailFoundationExpenses_totalLabel_en" xlink:label="bzk-ww-i_ActivitiesOverviewDetailFoundationExpenses_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total foundation expenses</link:label>
    <link:label id="bzk-ww-i_Allocations_totalLabel_en" xlink:label="bzk-ww-i_Allocations_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of allocations</link:label>
    <link:label id="bzk-ww-i_ChangesValueRealEstatePortfolio_totalLabel_en" xlink:label="bzk-ww-i_ChangesValueRealEstatePortfolio_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of changes in value of real estate portfolio</link:label>
    <link:label id="bzk-ww-i_MaintenanceExpenses_totalLabel_en" xlink:label="bzk-ww-i_MaintenanceExpenses_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of expenses for maintenance activities</link:label>
    <link:label id="bzk-ww-i_HousingFacilitiesSoldUnderConditions_totalLabel_en" xlink:label="bzk-ww-i_HousingFacilitiesSoldUnderConditions_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of housing facilities were sold under conditions</link:label>
    <link:label id="bzk-ww-i_LiveabilityExpenses_totalLabel_en" xlink:label="bzk-ww-i_LiveabilityExpenses_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of liveability expenses</link:label>
    <link:label id="bzk-ww-i_MarketValue_totalLabel_en" xlink:label="bzk-ww-i_MarketValue_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of market value</link:label>
    <link:label id="bzk-ww-i_MarketValueLoans_totalLabel_en" xlink:label="bzk-ww-i_MarketValueLoans_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of marketvalue of loans</link:label>
    <link:label id="bzk-ww-i_HousingFacilitiesSoldUnderConditionsMovement_totalLabel_en" xlink:label="bzk-ww-i_HousingFacilitiesSoldUnderConditionsMovement_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of movements during the period</link:label>
    <link:label id="bzk-ww-i_NetRealisedResultSalesRealEstatePortfolio_totalLabel_en" xlink:label="bzk-ww-i_NetRealisedResultSalesRealEstatePortfolio_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of net realised result from sales of real estate portfolio</link:label>
    <link:label id="bzk-ww-i_NetResultExploitationOfRealEstatePortfolio_totalLabel_en" xlink:label="bzk-ww-i_NetResultExploitationOfRealEstatePortfolio_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of net result from exploitation of real estate portfolio</link:label>
    <link:label id="bzk-ww-i_NetResultSoldRealEstateInDevelopment_totalLabel_en" xlink:label="bzk-ww-i_NetResultSoldRealEstateInDevelopment_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of net result from sold real estate in development</link:label>
    <link:label id="bzk-ww-i_NetResultOtherActivities_totalLabel_en" xlink:label="bzk-ww-i_NetResultOtherActivities_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of net result other activities</link:label>
    <link:label id="bzk-ww-i_ChangesValueNotRealisedRealEstatePortfolio_totalLabel_en" xlink:label="bzk-ww-i_ChangesValueNotRealisedRealEstatePortfolio_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of non-realised changes in value of real estate portfolio</link:label>
    <link:label id="bzk-ww-i_NumberOfAssignmentsPerRentalLimitNumberOfHouseholds_totalLabel_en" xlink:label="bzk-ww-i_NumberOfAssignmentsPerRentalLimitNumberOfHouseholds_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of assignments per rental limit</link:label>
    <link:label id="bzk-ww-i_NumberOfAssignmentsPerRentalLimitSinglePersonHouseholds_totalLabel_en" xlink:label="bzk-ww-i_NumberOfAssignmentsPerRentalLimitSinglePersonHouseholds_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of assignments per rental limit</link:label>
    <link:label id="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTripleAndMultiplePerson_totalLabel_en" xlink:label="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTripleAndMultiplePerson_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of assignments per rental limit</link:label>
    <link:label id="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTwoPersonHouseholds_totalLabel_en" xlink:label="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTwoPersonHouseholds_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of assignments per rental limit</link:label>
    <link:label id="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyIndex_totalLabel_en" xlink:label="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyIndex_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of independent units living space</link:label>
    <link:label id="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyLabel_totalLabel_en" xlink:label="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyLabel_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of independent units living space</link:label>
    <link:label id="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceOverview_totalLabel_en" xlink:label="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceOverview_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of independent units living space</link:label>
    <link:label id="bzk-ww-i_NumberOfIndependentUnitsLivingSpace_totalLabel_en" xlink:label="bzk-ww-i_NumberOfIndependentUnitsLivingSpace_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of independent units living space</link:label>
    <link:label id="bzk-ww-i_NumberOfRentalAgreementsWithPerformanceAgreements_totalLabel_en" xlink:label="bzk-ww-i_NumberOfRentalAgreementsWithPerformanceAgreements_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of rental agreements entered into with regard to such housing units</link:label>
    <link:label id="bzk-ww-i_NumberOfRentalAgreementsWithoutPerformanceAgreements_totalLabel_en" xlink:label="bzk-ww-i_NumberOfRentalAgreementsWithoutPerformanceAgreements_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of rental agreements entered into with regard to such housing units</link:label>
    <link:label id="bzk-ww-i_NumberOfRentalAgreements_totalLabel_en" xlink:label="bzk-ww-i_NumberOfRentalAgreements_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of rental agreements regarding housing facilities</link:label>
    <link:label id="bzk-ww-i_NumberOfUnitsNonLivingSpace_totalLabel_en" xlink:label="bzk-ww-i_NumberOfUnitsNonLivingSpace_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of units non living space</link:label>
    <link:label id="bzk-ww-i_NumberOfUnitsOverview_totalLabel_en" xlink:label="bzk-ww-i_NumberOfUnitsOverview_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of units</link:label>
    <link:label id="bzk-ww-i_NumberOfUnits_totalLabel_en" xlink:label="bzk-ww-i_NumberOfUnits_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of number of units</link:label>
    <link:label id="bzk-ww-i_PolicyValueUnitsLivingSpace_totalLabel_en" xlink:label="bzk-ww-i_PolicyValueUnitsLivingSpace_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of policy value housings units</link:label>
    <link:label id="bzk-ww-i_PolicyValue_totalLabel_en" xlink:label="bzk-ww-i_PolicyValue_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of policy value</link:label>
    <link:label id="bzk-ww-i_QuantifiableObligations_totalLabel_en" xlink:label="bzk-ww-i_QuantifiableObligations_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of quantifiable obligations (excl. commitment obligation)</link:label>
    <link:label id="bzk-ww-i_QuantifiableRights_totalLabel_en" xlink:label="bzk-ww-i_QuantifiableRights_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of quantifiable rights</link:label>
    <link:label id="bzk-ww-i_RentalIncomeClassifiedAsOperatingActivities_totalLabel_en" xlink:label="bzk-ww-i_RentalIncomeClassifiedAsOperatingActivities_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of rental received</link:label>
    <link:label id="bzk-ww-i_SalesToThirdParties_totalLabel_en" xlink:label="bzk-ww-i_SalesToThirdParties_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of sales to third parties</link:label>
    <link:label id="bzk-ww-i_SectorSpecificLevyIndependentOfResult_totalLabel_en" xlink:label="bzk-ww-i_SectorSpecificLevyIndependentOfResult_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of sector specific levy independent of results</link:label>
    <link:label id="bzk-ww-i_TaxesSocialSecurityContributionsReceivables_totalLabel_en" xlink:label="bzk-ww-i_TaxesSocialSecurityContributionsReceivables_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of taxes receivable and social security contributions receivable</link:label>
    <link:label id="bzk-ww-i_TotalMarketValue_totalLabel_en" xlink:label="bzk-ww-i_TotalMarketValue_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of total market value</link:label>
    <link:label id="bzk-ww-i_TotalPolicyValue_totalLabel_en" xlink:label="bzk-ww-i_TotalPolicyValue_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total of total policy value</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_ActivitiesOverviewDetailCashInflows_loc" xlink:to="bzk-ww-i_ActivitiesOverviewDetailCashInflows_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_ActivitiesOverviewDetailCashOutflows_loc" xlink:to="bzk-ww-i_ActivitiesOverviewDetailCashOutflows_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_ActivitiesOverviewDetailFoundationExpenses_loc" xlink:to="bzk-ww-i_ActivitiesOverviewDetailFoundationExpenses_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_Allocations_loc" xlink:to="bzk-ww-i_Allocations_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_BalanceCashInflows_loc" xlink:to="bzk-ww-i_BalanceCashInflows_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_BalanceCashOutflows_loc" xlink:to="bzk-ww-i_BalanceCashOutflows_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_BalanceFinancialFixedAssets_loc" xlink:to="bzk-ww-i_BalanceFinancialFixedAssets_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_CashFlowPPEActivities_loc" xlink:to="bzk-ww-i_CashFlowPPEActivities_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_ChangesValueNotRealisedRealEstatePortfolio_loc" xlink:to="bzk-ww-i_ChangesValueNotRealisedRealEstatePortfolio_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_ChangesValueRealEstatePortfolio_loc" xlink:to="bzk-ww-i_ChangesValueRealEstatePortfolio_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_HousingFacilitiesSoldUnderConditionsMovement_loc" xlink:to="bzk-ww-i_HousingFacilitiesSoldUnderConditionsMovement_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_HousingFacilitiesSoldUnderConditions_loc" xlink:to="bzk-ww-i_HousingFacilitiesSoldUnderConditions_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_LiveabilityExpenses_loc" xlink:to="bzk-ww-i_LiveabilityExpenses_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_MaintenanceExpenses_loc" xlink:to="bzk-ww-i_MaintenanceExpenses_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_MarketValueLoans_loc" xlink:to="bzk-ww-i_MarketValueLoans_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_MarketValue_loc" xlink:to="bzk-ww-i_MarketValue_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NetRealisedResultSalesRealEstatePortfolio_loc" xlink:to="bzk-ww-i_NetRealisedResultSalesRealEstatePortfolio_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NetResultExploitationOfRealEstatePortfolio_loc" xlink:to="bzk-ww-i_NetResultExploitationOfRealEstatePortfolio_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NetResultOtherActivities_loc" xlink:to="bzk-ww-i_NetResultOtherActivities_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NetResultSoldRealEstateInDevelopment_loc" xlink:to="bzk-ww-i_NetResultSoldRealEstateInDevelopment_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfAssignmentsPerRentalLimitNumberOfHouseholds_loc" xlink:to="bzk-ww-i_NumberOfAssignmentsPerRentalLimitNumberOfHouseholds_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfAssignmentsPerRentalLimitSinglePersonHouseholds_loc" xlink:to="bzk-ww-i_NumberOfAssignmentsPerRentalLimitSinglePersonHouseholds_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTripleAndMultiplePerson_loc" xlink:to="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTripleAndMultiplePerson_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTwoPersonHouseholds_loc" xlink:to="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTwoPersonHouseholds_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyIndex_loc" xlink:to="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyIndex_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyLabel_loc" xlink:to="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyLabel_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceOverview_loc" xlink:to="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceOverview_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfIndependentUnitsLivingSpace_loc" xlink:to="bzk-ww-i_NumberOfIndependentUnitsLivingSpace_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfRentalAgreementsWithPerformanceAgreements_loc" xlink:to="bzk-ww-i_NumberOfRentalAgreementsWithPerformanceAgreements_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfRentalAgreementsWithoutPerformanceAgreements_loc" xlink:to="bzk-ww-i_NumberOfRentalAgreementsWithoutPerformanceAgreements_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfRentalAgreements_loc" xlink:to="bzk-ww-i_NumberOfRentalAgreements_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfUnitsNonLivingSpace_loc" xlink:to="bzk-ww-i_NumberOfUnitsNonLivingSpace_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfUnitsOverview_loc" xlink:to="bzk-ww-i_NumberOfUnitsOverview_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_NumberOfUnits_loc" xlink:to="bzk-ww-i_NumberOfUnits_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_PolicyValueUnitsLivingSpace_loc" xlink:to="bzk-ww-i_PolicyValueUnitsLivingSpace_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_PolicyValue_loc" xlink:to="bzk-ww-i_PolicyValue_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_QuantifiableObligations_loc" xlink:to="bzk-ww-i_QuantifiableObligations_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_QuantifiableRights_loc" xlink:to="bzk-ww-i_QuantifiableRights_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:to="bzk-ww-i_RentalIncomeClassifiedAsOperatingActivities_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_SalesToThirdParties_loc" xlink:to="bzk-ww-i_SalesToThirdParties_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_SectorSpecificLevyIndependentOfResult_loc" xlink:to="bzk-ww-i_SectorSpecificLevyIndependentOfResult_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_TaxesSocialSecurityContributionsReceivables_loc" xlink:to="bzk-ww-i_TaxesSocialSecurityContributionsReceivables_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_TotalMarketValue_loc" xlink:to="bzk-ww-i_TotalMarketValue_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_TotalOfAppliedRentIncreaseIncludingHarmonisationPercentage_loc" xlink:to="bzk-ww-i_TotalOfAppliedRentIncreaseIncludingHarmonisationPercentage_totalLabel_en" xlink:type="arc"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bzk-ww-i_TotalPolicyValue_loc" xlink:to="bzk-ww-i_TotalPolicyValue_totalLabel_en" xlink:type="arc"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_ActivitiesOverviewDetailCashInflows" xlink:label="bzk-ww-i_ActivitiesOverviewDetailCashInflows_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_ActivitiesOverviewDetailCashOutflows" xlink:label="bzk-ww-i_ActivitiesOverviewDetailCashOutflows_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_ActivitiesOverviewDetailFoundationExpenses" xlink:label="bzk-ww-i_ActivitiesOverviewDetailFoundationExpenses_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_Allocations" xlink:label="bzk-ww-i_Allocations_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_BalanceCashInflows" xlink:label="bzk-ww-i_BalanceCashInflows_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_BalanceCashOutflows" xlink:label="bzk-ww-i_BalanceCashOutflows_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_BalanceFinancialFixedAssets" xlink:label="bzk-ww-i_BalanceFinancialFixedAssets_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_CashFlowPPEActivities" xlink:label="bzk-ww-i_CashFlowPPEActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_ChangesValueNotRealisedRealEstatePortfolio" xlink:label="bzk-ww-i_ChangesValueNotRealisedRealEstatePortfolio_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_ChangesValueRealEstatePortfolio" xlink:label="bzk-ww-i_ChangesValueRealEstatePortfolio_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_HousingFacilitiesSoldUnderConditionsMovement" xlink:label="bzk-ww-i_HousingFacilitiesSoldUnderConditionsMovement_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_HousingFacilitiesSoldUnderConditions" xlink:label="bzk-ww-i_HousingFacilitiesSoldUnderConditions_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_LiveabilityExpenses" xlink:label="bzk-ww-i_LiveabilityExpenses_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_MaintenanceExpenses" xlink:label="bzk-ww-i_MaintenanceExpenses_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_MarketValueLoans" xlink:label="bzk-ww-i_MarketValueLoans_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_MarketValue" xlink:label="bzk-ww-i_MarketValue_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NetRealisedResultSalesRealEstatePortfolio" xlink:label="bzk-ww-i_NetRealisedResultSalesRealEstatePortfolio_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NetResultExploitationOfRealEstatePortfolio" xlink:label="bzk-ww-i_NetResultExploitationOfRealEstatePortfolio_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NetResultOtherActivities" xlink:label="bzk-ww-i_NetResultOtherActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NetResultSoldRealEstateInDevelopment" xlink:label="bzk-ww-i_NetResultSoldRealEstateInDevelopment_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfAssignmentsPerRentalLimitNumberOfHouseholds" xlink:label="bzk-ww-i_NumberOfAssignmentsPerRentalLimitNumberOfHouseholds_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfAssignmentsPerRentalLimitSinglePersonHouseholds" xlink:label="bzk-ww-i_NumberOfAssignmentsPerRentalLimitSinglePersonHouseholds_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfAssignmentsPerRentalLimitTripleAndMultiplePerson" xlink:label="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTripleAndMultiplePerson_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfAssignmentsPerRentalLimitTwoPersonHouseholds" xlink:label="bzk-ww-i_NumberOfAssignmentsPerRentalLimitTwoPersonHouseholds_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyIndex" xlink:label="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyIndex_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyLabel" xlink:label="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceEnergyLabel_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfIndependentUnitsLivingSpaceOverview" xlink:label="bzk-ww-i_NumberOfIndependentUnitsLivingSpaceOverview_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfIndependentUnitsLivingSpace" xlink:label="bzk-ww-i_NumberOfIndependentUnitsLivingSpace_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfRentalAgreementsWithPerformanceAgreements" xlink:label="bzk-ww-i_NumberOfRentalAgreementsWithPerformanceAgreements_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfRentalAgreementsWithoutPerformanceAgreements" xlink:label="bzk-ww-i_NumberOfRentalAgreementsWithoutPerformanceAgreements_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfRentalAgreements" xlink:label="bzk-ww-i_NumberOfRentalAgreements_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfUnitsNonLivingSpace" xlink:label="bzk-ww-i_NumberOfUnitsNonLivingSpace_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfUnitsOverview" xlink:label="bzk-ww-i_NumberOfUnitsOverview_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_NumberOfUnits" xlink:label="bzk-ww-i_NumberOfUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_PolicyValueUnitsLivingSpace" xlink:label="bzk-ww-i_PolicyValueUnitsLivingSpace_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_PolicyValue" xlink:label="bzk-ww-i_PolicyValue_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_QuantifiableObligations" xlink:label="bzk-ww-i_QuantifiableObligations_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_QuantifiableRights" xlink:label="bzk-ww-i_QuantifiableRights_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_RentalIncomeClassifiedAsOperatingActivities" xlink:label="bzk-ww-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_SalesToThirdParties" xlink:label="bzk-ww-i_SalesToThirdParties_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_SectorSpecificLevyIndependentOfResult" xlink:label="bzk-ww-i_SectorSpecificLevyIndependentOfResult_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_TaxesSocialSecurityContributionsReceivables" xlink:label="bzk-ww-i_TaxesSocialSecurityContributionsReceivables_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_TotalMarketValue" xlink:label="bzk-ww-i_TotalMarketValue_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_TotalOfAppliedRentIncreaseIncludingHarmonisationPercentage" xlink:label="bzk-ww-i_TotalOfAppliedRentIncreaseIncludingHarmonisationPercentage_loc" xlink:type="locator"/>
    <link:loc xlink:href="bzk-ww-data.xsd#bzk-ww-i_TotalPolicyValue" xlink:label="bzk-ww-i_TotalPolicyValue_loc" xlink:type="locator"/>
  </link:labelLink>
</link:linkbase>
