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<!--Created by Sigma Conso, Powered by IRIS Carbon-->
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingExpense" xlink:to="label_SellingExpense" xlink:title="Label : SellingExpense to label_SellingExpense" />
    <link:label xlink:type="resource" xlink:label="label_SellingExpense_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_SellingExpense_1" xml:lang="en" id="label_SellingExpense_1">Selling expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SellingExpense" xlink:to="label_SellingExpense_1" xlink:title="Label : SellingExpense to label_SellingExpense_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ResearchAndDevelopmentExpense" xlink:label="ResearchAndDevelopmentExpense" xlink:title="ResearchAndDevelopmentExpense" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpense" xlink:to="label_ResearchAndDevelopmentExpense" xlink:title="Label : ResearchAndDevelopmentExpense to label_ResearchAndDevelopmentExpense" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RevenueFromInterest" xlink:label="RevenueFromInterest" xlink:title="RevenueFromInterest" />
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    <link:label xlink:type="resource" xlink:label="label_RevenueFromInterest_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RevenueFromInterest_1" xml:lang="en" id="label_RevenueFromInterest_1">Interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromInterest" xlink:to="label_RevenueFromInterest_1" xlink:title="Label : RevenueFromInterest to label_RevenueFromInterest_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpense" xlink:label="InterestExpense" xlink:title="InterestExpense" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestExpense" xml:lang="en" id="label_InterestExpense">Interest expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpense" xlink:to="label_InterestExpense" xlink:title="Label : InterestExpense to label_InterestExpense" />
    <link:label xlink:type="resource" xlink:label="label_InterestExpense_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestExpense_1" xml:lang="en" id="label_InterestExpense_1">Interest expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpense" xlink:to="label_InterestExpense_1" xlink:title="Label : InterestExpense to label_InterestExpense_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherFinanceIncomeCost" xlink:label="OtherFinanceIncomeCost" xlink:title="OtherFinanceIncomeCost" />
    <link:label xlink:type="resource" xlink:label="label_OtherFinanceIncomeCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherFinanceIncomeCost" xml:lang="en" id="label_OtherFinanceIncomeCost">Other finance income (cost)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinanceIncomeCost" xlink:to="label_OtherFinanceIncomeCost" xlink:title="Label : OtherFinanceIncomeCost to label_OtherFinanceIncomeCost" />
    <link:label xlink:type="resource" xlink:label="label_OtherFinanceIncomeCost_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherFinanceIncomeCost_1" xml:lang="en" id="label_OtherFinanceIncomeCost_1">Other financial income and expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinanceIncomeCost" xlink:to="label_OtherFinanceIncomeCost_1" xlink:title="Label : OtherFinanceIncomeCost to label_OtherFinanceIncomeCost_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ProfitLossBeforeTax" xlink:title="ProfitLossBeforeTax" />
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    <link:label xlink:type="resource" xlink:label="label_ProfitLossBeforeTax_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProfitLossBeforeTax_1" xml:lang="en" id="label_ProfitLossBeforeTax_1">Result before taxes</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations" xlink:title="Label : IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxExpenseContinuingOperations_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_IncomeTaxExpenseContinuingOperations_1" xml:lang="en" id="label_IncomeTaxExpenseContinuingOperations_1">Income taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations_1" xlink:title="Label : IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:title="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
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    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1" xml:lang="en" id="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_1">Share in the results of joint ventures and associates</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToAbstract" xlink:label="ProfitLossAttributableToAbstract" xlink:title="ProfitLossAttributableToAbstract" />
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    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossAttributableToAbstract_1" xml:lang="en" id="label_ProfitLossAttributableToAbstract_1">Attributable to</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ProfitLossAttributableToOwnersOfParent" xlink:title="ProfitLossAttributableToOwnersOfParent" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToOwnersOfParent" xlink:to="label_ProfitLossAttributableToOwnersOfParent" xlink:title="Label : ProfitLossAttributableToOwnersOfParent to label_ProfitLossAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToOwnersOfParent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossAttributableToOwnersOfParent_1" xml:lang="en" id="label_ProfitLossAttributableToOwnersOfParent_1">equity holders of Bekaert</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ProfitLossAttributableToNoncontrollingInterests" xlink:title="ProfitLossAttributableToNoncontrollingInterests" />
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    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToNoncontrollingInterests_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossAttributableToNoncontrollingInterests_1" xml:lang="en" id="label_ProfitLossAttributableToNoncontrollingInterests_1">non-controlling interests</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="EarningsPerShareAbstract" xlink:title="EarningsPerShareAbstract" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasicEarningsLossPerShare" xlink:to="label_BasicEarningsLossPerShare" xlink:title="Label : BasicEarningsLossPerShare to label_BasicEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:label="label_BasicEarningsLossPerShare_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BasicEarningsLossPerShare_1" xml:lang="en" id="label_BasicEarningsLossPerShare_1">Basic</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasicEarningsLossPerShare" xlink:to="label_BasicEarningsLossPerShare_1" xlink:title="Label : BasicEarningsLossPerShare to label_BasicEarningsLossPerShare_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="DilutedEarningsLossPerShare" xlink:title="DilutedEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:label="label_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DilutedEarningsLossPerShare" xml:lang="en" id="label_DilutedEarningsLossPerShare">Diluted earnings (loss) per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutedEarningsLossPerShare" xlink:to="label_DilutedEarningsLossPerShare" xlink:title="Label : DilutedEarningsLossPerShare to label_DilutedEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:label="label_DilutedEarningsLossPerShare_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DilutedEarningsLossPerShare_1" xml:lang="en" id="label_DilutedEarningsLossPerShare_1">Diluted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutedEarningsLossPerShare" xlink:to="label_DilutedEarningsLossPerShare_1" xlink:title="Label : DilutedEarningsLossPerShare to label_DilutedEarningsLossPerShare_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="ProfitLoss" xlink:title="ProfitLoss" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss" xlink:title="Label : ProfitLoss to label_ProfitLoss" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProfitLoss_1" xml:lang="en" id="label_ProfitLoss_1">RESULT FOR THE PERIOD</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss_1" xlink:title="Label : ProfitLoss to label_ProfitLoss_1" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLoss_2" xml:lang="en" id="label_ProfitLoss_2">Result for the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss_2" xlink:title="Label : ProfitLoss to label_ProfitLoss_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeAbstract" xlink:label="OtherComprehensiveIncomeAbstract" xlink:title="OtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherComprehensiveIncomeAbstract" xml:lang="en" id="label_OtherComprehensiveIncomeAbstract">Other comprehensive income [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAbstract" xlink:to="label_OtherComprehensiveIncomeAbstract" xlink:title="Label : OtherComprehensiveIncomeAbstract to label_OtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherComprehensiveIncomeAbstract_1" xml:lang="en" id="label_OtherComprehensiveIncomeAbstract_1">Other comprehensive income (OCI)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAbstract" xlink:to="label_OtherComprehensiveIncomeAbstract_1" xlink:title="Label : OtherComprehensiveIncomeAbstract to label_OtherComprehensiveIncomeAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:title="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="en" id="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract">Components of other comprehensive income that will be reclassified to profit or loss, net of tax [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:title="Label : ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract to label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_1" xml:lang="en" id="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_1">Other comprehensive income reclassifiable to income statement in subsequent periods</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_1" xlink:title="Label : ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract to label_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:label="ExchangeDifferencesOnTranslationAbstract" xlink:title="ExchangeDifferencesOnTranslationAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeDifferencesOnTranslationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExchangeDifferencesOnTranslationAbstract" xml:lang="en" id="label_ExchangeDifferencesOnTranslationAbstract">Exchange differences on translation [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeDifferencesOnTranslationAbstract" xlink:to="label_ExchangeDifferencesOnTranslationAbstract" xlink:title="Label : ExchangeDifferencesOnTranslationAbstract to label_ExchangeDifferencesOnTranslationAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ExchangeDifferencesOnTranslationAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExchangeDifferencesOnTranslationAbstract_1" xml:lang="en" id="label_ExchangeDifferencesOnTranslationAbstract_1">Exchange differences</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeDifferencesOnTranslationAbstract" xlink:to="label_ExchangeDifferencesOnTranslationAbstract_1" xlink:title="Label : ExchangeDifferencesOnTranslationAbstract to label_ExchangeDifferencesOnTranslationAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:label="OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:title="OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en" id="label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax">Other comprehensive income that will be reclassified to profit or loss, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:title="Label : OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax to label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_1" xml:lang="en" id="label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_1">OCI reclassifiable to income statement in subsequent periods, after tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_1" xlink:title="Label : OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax to label_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:label="OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:title="OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xml:lang="en" id="label_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans">Other comprehensive income, before tax, gains (losses) on remeasurements of defined benefit plans</link:label>
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    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_1" xml:lang="en" id="label_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_1">Remeasurement gains and losses on defined-benefit plans</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:title="OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en" id="label_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax">Other comprehensive income that will not be reclassified to profit or loss, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="label_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:title="Label : OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax to label_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="label_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_1" xlink:title="Label : OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax to label_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ComprehensiveIncome" xlink:title="ComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComprehensiveIncome" xml:lang="en" id="label_ComprehensiveIncome">Comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="label_ComprehensiveIncome" xlink:title="Label : ComprehensiveIncome to label_ComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_ComprehensiveIncome_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ComprehensiveIncome_1" xml:lang="en" id="label_ComprehensiveIncome_1">TOTAL COMPREHENSIVE INCOME FOR THE PERIOD</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="label_ComprehensiveIncome_1" xlink:title="Label : ComprehensiveIncome to label_ComprehensiveIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="ComprehensiveIncomeAttributableToAbstract" xlink:title="ComprehensiveIncomeAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ComprehensiveIncomeAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComprehensiveIncomeAttributableToAbstract" xml:lang="en" id="label_ComprehensiveIncomeAttributableToAbstract">Comprehensive income attributable to [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToAbstract" xlink:to="label_ComprehensiveIncomeAttributableToAbstract" xlink:title="Label : ComprehensiveIncomeAttributableToAbstract to label_ComprehensiveIncomeAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ComprehensiveIncomeAttributableToAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ComprehensiveIncomeAttributableToAbstract_1" xml:lang="en" id="label_ComprehensiveIncomeAttributableToAbstract_1">Attributable to</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToAbstract" xlink:to="label_ComprehensiveIncomeAttributableToAbstract_1" xlink:title="Label : ComprehensiveIncomeAttributableToAbstract to label_ComprehensiveIncomeAttributableToAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="ComprehensiveIncomeAttributableToOwnersOfParent" xlink:title="ComprehensiveIncomeAttributableToOwnersOfParent" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="label_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:title="Label : ComprehensiveIncomeAttributableToOwnersOfParent to label_ComprehensiveIncomeAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_ComprehensiveIncomeAttributableToOwnersOfParent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ComprehensiveIncomeAttributableToOwnersOfParent_1" xml:lang="en" id="label_ComprehensiveIncomeAttributableToOwnersOfParent_1">equity holders of Bekaert</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="label_ComprehensiveIncomeAttributableToOwnersOfParent_1" xlink:title="Label : ComprehensiveIncomeAttributableToOwnersOfParent to label_ComprehensiveIncomeAttributableToOwnersOfParent_1" />
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    <link:label xlink:type="resource" xlink:label="label_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComprehensiveIncomeAttributableToNoncontrollingInterests" xml:lang="en" id="label_ComprehensiveIncomeAttributableToNoncontrollingInterests">Comprehensive income, attributable to non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="label_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:title="Label : ComprehensiveIncomeAttributableToNoncontrollingInterests to label_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_ComprehensiveIncomeAttributableToNoncontrollingInterests_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ComprehensiveIncomeAttributableToNoncontrollingInterests_1" xml:lang="en" id="label_ComprehensiveIncomeAttributableToNoncontrollingInterests_1">non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="label_ComprehensiveIncomeAttributableToNoncontrollingInterests_1" xlink:title="Label : ComprehensiveIncomeAttributableToNoncontrollingInterests to label_ComprehensiveIncomeAttributableToNoncontrollingInterests_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:label="IntangibleAssetsOtherThanGoodwill" xlink:title="IntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntangibleAssetsOtherThanGoodwill" xml:lang="en" id="label_IntangibleAssetsOtherThanGoodwill">Intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="label_IntangibleAssetsOtherThanGoodwill" xlink:title="Label : IntangibleAssetsOtherThanGoodwill to label_IntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwill_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntangibleAssetsOtherThanGoodwill_1" xml:lang="en" id="label_IntangibleAssetsOtherThanGoodwill_1">Intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="label_IntangibleAssetsOtherThanGoodwill_1" xlink:title="Label : IntangibleAssetsOtherThanGoodwill to label_IntangibleAssetsOtherThanGoodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Goodwill" xlink:label="Goodwill" xlink:title="Goodwill" />
    <link:label xlink:type="resource" xlink:label="label_Goodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Goodwill" xml:lang="en" id="label_Goodwill">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Goodwill" xlink:to="label_Goodwill" xlink:title="Label : Goodwill to label_Goodwill" />
    <link:label xlink:type="resource" xlink:label="label_Goodwill_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Goodwill_1" xml:lang="en" id="label_Goodwill_1">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Goodwill" xlink:to="label_Goodwill_1" xlink:title="Label : Goodwill to label_Goodwill_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="PropertyPlantAndEquipment" xlink:title="PropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyPlantAndEquipment" xml:lang="en" id="label_PropertyPlantAndEquipment">Property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="label_PropertyPlantAndEquipment" xlink:title="Label : PropertyPlantAndEquipment to label_PropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipment_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PropertyPlantAndEquipment_1" xml:lang="en" id="label_PropertyPlantAndEquipment_1">Property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="label_PropertyPlantAndEquipment_1" xlink:title="Label : PropertyPlantAndEquipment to label_PropertyPlantAndEquipment_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="OtherNoncurrentAssets" xlink:title="OtherNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNoncurrentAssets" xml:lang="en" id="label_OtherNoncurrentAssets">Other non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentAssets" xlink:to="label_OtherNoncurrentAssets" xlink:title="Label : OtherNoncurrentAssets to label_OtherNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherNoncurrentAssets_1" xml:lang="en" id="label_OtherNoncurrentAssets_1">Other non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentAssets" xlink:to="label_OtherNoncurrentAssets_1" xlink:title="Label : OtherNoncurrentAssets to label_OtherNoncurrentAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxAssets" xlink:label="DeferredTaxAssets" xlink:title="DeferredTaxAssets" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxAssets" xml:lang="en" id="label_DeferredTaxAssets">Deferred tax assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssets" xlink:to="label_DeferredTaxAssets" xlink:title="Label : DeferredTaxAssets to label_DeferredTaxAssets" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxAssets_1" xml:lang="en" id="label_DeferredTaxAssets_1">Deferred tax assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssets" xlink:to="label_DeferredTaxAssets_1" xlink:title="Label : DeferredTaxAssets to label_DeferredTaxAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="NoncurrentAssets" xlink:title="NoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAssets" xml:lang="en" id="label_NoncurrentAssets">Non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssets" xlink:to="label_NoncurrentAssets" xlink:title="Label : NoncurrentAssets to label_NoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NoncurrentAssets_1" xml:lang="en" id="label_NoncurrentAssets_1">Non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssets" xlink:to="label_NoncurrentAssets_1" xlink:title="Label : NoncurrentAssets to label_NoncurrentAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Inventories" xlink:label="Inventories" xlink:title="Inventories" />
    <link:label xlink:type="resource" xlink:label="label_Inventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Inventories" xml:lang="en" id="label_Inventories">Current inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Inventories" xlink:to="label_Inventories" xlink:title="Label : Inventories to label_Inventories" />
    <link:label xlink:type="resource" xlink:label="label_Inventories_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_Inventories_1" xml:lang="en" id="label_Inventories_1">Inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Inventories" xlink:to="label_Inventories_1" xlink:title="Label : Inventories to label_Inventories_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTradeReceivables" xlink:label="CurrentTradeReceivables" xlink:title="CurrentTradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTradeReceivables" xml:lang="en" id="label_CurrentTradeReceivables">Current trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivables" xlink:to="label_CurrentTradeReceivables" xlink:title="Label : CurrentTradeReceivables to label_CurrentTradeReceivables" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivables_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentTradeReceivables_1" xml:lang="en" id="label_CurrentTradeReceivables_1">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivables" xlink:to="label_CurrentTradeReceivables_1" xlink:title="Label : CurrentTradeReceivables to label_CurrentTradeReceivables_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentReceivables" xlink:label="OtherCurrentReceivables" xlink:title="OtherCurrentReceivables" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentReceivables" xml:lang="en" id="label_OtherCurrentReceivables">Other current receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentReceivables" xlink:to="label_OtherCurrentReceivables" xlink:title="Label : OtherCurrentReceivables to label_OtherCurrentReceivables" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentReceivables_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherCurrentReceivables_1" xml:lang="en" id="label_OtherCurrentReceivables_1">Other receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentReceivables" xlink:to="label_OtherCurrentReceivables_1" xlink:title="Label : OtherCurrentReceivables to label_OtherCurrentReceivables_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermDepositsNotClassifiedAsCashEquivalents" xlink:label="ShorttermDepositsNotClassifiedAsCashEquivalents" xlink:title="ShorttermDepositsNotClassifiedAsCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermDepositsNotClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShorttermDepositsNotClassifiedAsCashEquivalents" xml:lang="en" id="label_ShorttermDepositsNotClassifiedAsCashEquivalents">Short-term deposits, not classified as cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermDepositsNotClassifiedAsCashEquivalents" xlink:to="label_ShorttermDepositsNotClassifiedAsCashEquivalents" xlink:title="Label : ShorttermDepositsNotClassifiedAsCashEquivalents to label_ShorttermDepositsNotClassifiedAsCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="label_ShorttermDepositsNotClassifiedAsCashEquivalents_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShorttermDepositsNotClassifiedAsCashEquivalents_1" xml:lang="en" id="label_ShorttermDepositsNotClassifiedAsCashEquivalents_1">Short-term deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermDepositsNotClassifiedAsCashEquivalents" xlink:to="label_ShorttermDepositsNotClassifiedAsCashEquivalents_1" xlink:title="Label : ShorttermDepositsNotClassifiedAsCashEquivalents to label_ShorttermDepositsNotClassifiedAsCashEquivalents_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentAssets" xlink:label="OtherCurrentAssets" xlink:title="OtherCurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentAssets" xml:lang="en" id="label_OtherCurrentAssets">Other current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentAssets" xlink:to="label_OtherCurrentAssets" xlink:title="Label : OtherCurrentAssets to label_OtherCurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherCurrentAssets_1" xml:lang="en" id="label_OtherCurrentAssets_1">Other current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentAssets" xlink:to="label_OtherCurrentAssets_1" xlink:title="Label : OtherCurrentAssets to label_OtherCurrentAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="Assets" xlink:title="Assets" />
    <link:label xlink:type="resource" xlink:label="label_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Assets" xml:lang="en" id="label_Assets">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="label_Assets" xlink:title="Label : Assets to label_Assets" />
    <link:label xlink:type="resource" xlink:label="label_Assets_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Assets_1" xml:lang="en" id="label_Assets_1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="label_Assets_1" xlink:title="Label : Assets to label_Assets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="CurrentAssets" xlink:title="CurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAssets" xml:lang="en" id="label_CurrentAssets">Current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssets" xlink:to="label_CurrentAssets" xlink:title="Label : CurrentAssets to label_CurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentAssets_1" xml:lang="en" id="label_CurrentAssets_1">Current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssets" xlink:to="label_CurrentAssets_1" xlink:title="Label : CurrentAssets to label_CurrentAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssuedCapital" xlink:label="IssuedCapital" xlink:title="IssuedCapital" />
    <link:label xlink:type="resource" xlink:label="label_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IssuedCapital" xml:lang="en" id="label_IssuedCapital">Issued capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapital" xlink:to="label_IssuedCapital" xlink:title="Label : IssuedCapital to label_IssuedCapital" />
    <link:label xlink:type="resource" xlink:label="label_IssuedCapital_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IssuedCapital_1" xml:lang="en" id="label_IssuedCapital_1">Share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapital" xlink:to="label_IssuedCapital_1" xlink:title="Label : IssuedCapital to label_IssuedCapital_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SharePremium" xlink:label="SharePremium" xlink:title="SharePremium" />
    <link:label xlink:type="resource" xlink:label="label_SharePremium" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SharePremium" xml:lang="en" id="label_SharePremium">Share premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharePremium" xlink:to="label_SharePremium" xlink:title="Label : SharePremium to label_SharePremium" />
    <link:label xlink:type="resource" xlink:label="label_SharePremium_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SharePremium_1" xml:lang="en" id="label_SharePremium_1">Share premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharePremium" xlink:to="label_SharePremium_1" xlink:title="Label : SharePremium to label_SharePremium_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarnings" xlink:label="RetainedEarnings" xlink:title="RetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="label_RetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetainedEarnings" xml:lang="en" id="label_RetainedEarnings">Retained earnings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarnings" xlink:to="label_RetainedEarnings" xlink:title="Label : RetainedEarnings to label_RetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="label_RetainedEarnings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RetainedEarnings_1" xml:lang="en" id="label_RetainedEarnings_1">Retained earnings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarnings" xlink:to="label_RetainedEarnings_1" xlink:title="Label : RetainedEarnings to label_RetainedEarnings_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="TreasuryShares" xlink:title="TreasuryShares" />
    <link:label xlink:type="resource" xlink:label="label_TreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TreasuryShares" xml:lang="en" id="label_TreasuryShares">Treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryShares" xlink:to="label_TreasuryShares" xlink:title="Label : TreasuryShares to label_TreasuryShares" />
    <link:label xlink:type="resource" xlink:label="label_TreasuryShares_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_TreasuryShares_1" xml:lang="en" id="label_TreasuryShares_1">Treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryShares" xlink:to="label_TreasuryShares_1" xlink:title="Label : TreasuryShares to label_TreasuryShares_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherReserves" xlink:label="OtherReserves" xlink:title="OtherReserves" />
    <link:label xlink:type="resource" xlink:label="label_OtherReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherReserves" xml:lang="en" id="label_OtherReserves">Other reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserves" xlink:to="label_OtherReserves" xlink:title="Label : OtherReserves to label_OtherReserves" />
    <link:label xlink:type="resource" xlink:label="label_OtherReserves_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherReserves_1" xml:lang="en" id="label_OtherReserves_1">Other Group reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserves" xlink:to="label_OtherReserves_1" xlink:title="Label : OtherReserves to label_OtherReserves_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="EquityAttributableToOwnersOfParent" xlink:title="EquityAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAttributableToOwnersOfParent" xml:lang="en" id="label_EquityAttributableToOwnersOfParent">Equity attributable to owners of parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParent" xlink:to="label_EquityAttributableToOwnersOfParent" xlink:title="Label : EquityAttributableToOwnersOfParent to label_EquityAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="label_EquityAttributableToOwnersOfParent_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EquityAttributableToOwnersOfParent_1" xml:lang="en" id="label_EquityAttributableToOwnersOfParent_1">Equity attributable to equity holders of Bekaert</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParent" xlink:to="label_EquityAttributableToOwnersOfParent_1" xlink:title="Label : EquityAttributableToOwnersOfParent to label_EquityAttributableToOwnersOfParent_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterests" xlink:label="NoncontrollingInterests" xlink:title="NoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncontrollingInterests" xml:lang="en" id="label_NoncontrollingInterests">Non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterests" xlink:to="label_NoncontrollingInterests" xlink:title="Label : NoncontrollingInterests to label_NoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="label_NoncontrollingInterests_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncontrollingInterests_1" xml:lang="en" id="label_NoncontrollingInterests_1">Non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterests" xlink:to="label_NoncontrollingInterests_1" xlink:title="Label : NoncontrollingInterests to label_NoncontrollingInterests_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:label="NoncurrentProvisionsForEmployeeBenefits" xlink:title="NoncurrentProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentProvisionsForEmployeeBenefits" xml:lang="en" id="label_NoncurrentProvisionsForEmployeeBenefits">Non-current provisions for employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentProvisionsForEmployeeBenefits" xlink:to="label_NoncurrentProvisionsForEmployeeBenefits" xlink:title="Label : NoncurrentProvisionsForEmployeeBenefits to label_NoncurrentProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentProvisionsForEmployeeBenefits_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentProvisionsForEmployeeBenefits_1" xml:lang="en" id="label_NoncurrentProvisionsForEmployeeBenefits_1">Employee benefit obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentProvisionsForEmployeeBenefits" xlink:to="label_NoncurrentProvisionsForEmployeeBenefits_1" xlink:title="Label : NoncurrentProvisionsForEmployeeBenefits to label_NoncurrentProvisionsForEmployeeBenefits_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentLiabilities" xlink:label="OtherNoncurrentLiabilities" xlink:title="OtherNoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNoncurrentLiabilities" xml:lang="en" id="label_OtherNoncurrentLiabilities">Other non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentLiabilities" xlink:to="label_OtherNoncurrentLiabilities" xlink:title="Label : OtherNoncurrentLiabilities to label_OtherNoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherNoncurrentLiabilities_1" xml:lang="en" id="label_OtherNoncurrentLiabilities_1">Other non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentLiabilities" xlink:to="label_OtherNoncurrentLiabilities_1" xlink:title="Label : OtherNoncurrentLiabilities to label_OtherNoncurrentLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="DeferredTaxLiabilities" xlink:title="DeferredTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxLiabilities" xml:lang="en" id="label_DeferredTaxLiabilities">Deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilities" xlink:to="label_DeferredTaxLiabilities" xlink:title="Label : DeferredTaxLiabilities to label_DeferredTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxLiabilities_1" xml:lang="en" id="label_DeferredTaxLiabilities_1">Deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilities" xlink:to="label_DeferredTaxLiabilities_1" xlink:title="Label : DeferredTaxLiabilities to label_DeferredTaxLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="NoncurrentLiabilities" xlink:title="NoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentLiabilities" xml:lang="en" id="label_NoncurrentLiabilities">Non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLiabilities" xlink:to="label_NoncurrentLiabilities" xlink:title="Label : NoncurrentLiabilities to label_NoncurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NoncurrentLiabilities_1" xml:lang="en" id="label_NoncurrentLiabilities_1">Non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLiabilities" xlink:to="label_NoncurrentLiabilities_1" xlink:title="Label : NoncurrentLiabilities to label_NoncurrentLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:title="TradeAndOtherCurrentPayablesToTradeSuppliers" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherCurrentPayablesToTradeSuppliers" xml:lang="en" id="label_TradeAndOtherCurrentPayablesToTradeSuppliers">Current trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="label_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:title="Label : TradeAndOtherCurrentPayablesToTradeSuppliers to label_TradeAndOtherCurrentPayablesToTradeSuppliers" />
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherCurrentPayablesToTradeSuppliers_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherCurrentPayablesToTradeSuppliers_1" xml:lang="en" id="label_TradeAndOtherCurrentPayablesToTradeSuppliers_1">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="label_TradeAndOtherCurrentPayablesToTradeSuppliers_1" xlink:title="Label : TradeAndOtherCurrentPayablesToTradeSuppliers to label_TradeAndOtherCurrentPayablesToTradeSuppliers_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentLiabilities" xlink:label="OtherCurrentLiabilities" xlink:title="OtherCurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentLiabilities" xml:lang="en" id="label_OtherCurrentLiabilities">Other current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilities" xlink:to="label_OtherCurrentLiabilities" xlink:title="Label : OtherCurrentLiabilities to label_OtherCurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherCurrentLiabilities_1" xml:lang="en" id="label_OtherCurrentLiabilities_1">Other current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilities" xlink:to="label_OtherCurrentLiabilities_1" xlink:title="Label : OtherCurrentLiabilities to label_OtherCurrentLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="CurrentLiabilities" xlink:title="CurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentLiabilities" xml:lang="en" id="label_CurrentLiabilities">Current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLiabilities" xlink:to="label_CurrentLiabilities" xlink:title="Label : CurrentLiabilities to label_CurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentLiabilities_1" xml:lang="en" id="label_CurrentLiabilities_1">Current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLiabilities" xlink:to="label_CurrentLiabilities_1" xlink:title="Label : CurrentLiabilities to label_CurrentLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="EquityAndLiabilities" xlink:title="EquityAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAndLiabilities" xml:lang="en" id="label_EquityAndLiabilities">Equity and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilities" xlink:to="label_EquityAndLiabilities" xlink:title="Label : EquityAndLiabilities to label_EquityAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_EquityAndLiabilities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EquityAndLiabilities_1" xml:lang="en" id="label_EquityAndLiabilities_1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilities" xlink:to="label_EquityAndLiabilities_1" xlink:title="Label : EquityAndLiabilities to label_EquityAndLiabilities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForProvisions" xlink:label="AdjustmentsForProvisions" xlink:title="AdjustmentsForProvisions" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForProvisions" xml:lang="en" id="label_AdjustmentsForProvisions">Adjustments for provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisions" xlink:to="label_AdjustmentsForProvisions" xlink:title="Label : AdjustmentsForProvisions to label_AdjustmentsForProvisions" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:label="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:title="CashFlowsFromUsedInOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInOperatingActivitiesAbstract" xml:lang="en" id="label_CashFlowsFromUsedInOperatingActivitiesAbstract">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:title="Label : CashFlowsFromUsedInOperatingActivitiesAbstract to label_CashFlowsFromUsedInOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInOperatingActivitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowsFromUsedInOperatingActivitiesAbstract_1" xml:lang="en" id="label_CashFlowsFromUsedInOperatingActivitiesAbstract_1">Operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInOperatingActivitiesAbstract_1" xlink:title="Label : CashFlowsFromUsedInOperatingActivitiesAbstract to label_CashFlowsFromUsedInOperatingActivitiesAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="ProfitLossFromOperatingActivities" xlink:title="ProfitLossFromOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossFromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossFromOperatingActivities" xml:lang="en" id="label_ProfitLossFromOperatingActivities">Profit (loss) from operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossFromOperatingActivities" xlink:to="label_ProfitLossFromOperatingActivities" xlink:title="Label : ProfitLossFromOperatingActivities to label_ProfitLossFromOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossFromOperatingActivities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProfitLossFromOperatingActivities_1" xml:lang="en" id="label_ProfitLossFromOperatingActivities_1">Operating result (EBIT)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossFromOperatingActivities" xlink:to="label_ProfitLossFromOperatingActivities_1" xlink:title="Label : ProfitLossFromOperatingActivities to label_ProfitLossFromOperatingActivities_1" />
    <link:label xlink:type="resource" xlink:label="label_ProfitLossFromOperatingActivities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossFromOperatingActivities_2" xml:lang="en" id="label_ProfitLossFromOperatingActivities_2">Operating result (EBIT)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossFromOperatingActivities" xlink:to="label_ProfitLossFromOperatingActivities_2" xlink:title="Label : ProfitLossFromOperatingActivities to label_ProfitLossFromOperatingActivities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" xlink:label="OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" xlink:title="OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" />
    <link:label xlink:type="resource" xlink:label="label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" xml:lang="en" id="label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow">Other adjustments for which cash effects are investing or financing cash flow</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" xlink:to="label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" xlink:title="Label : OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow to label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" />
    <link:label xlink:type="resource" xlink:label="label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow_1" xml:lang="en" id="label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow_1">Investing items included in operating result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow" xlink:to="label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow_1" xlink:title="Label : OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow to label_OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:label="IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:title="IncomeTaxesPaidRefundClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xml:lang="en" id="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities">Income taxes paid (refund), classified as operating activities</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:label="IncreaseDecreaseInWorkingCapital" xlink:title="IncreaseDecreaseInWorkingCapital" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" xlink:label="OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" xlink:title="OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" xlink:to="label_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_1" xlink:title="Label : OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities to label_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="CashFlowsFromUsedInOperatingActivities" xlink:title="CashFlowsFromUsedInOperatingActivities" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivities" xlink:to="label_CashFlowsFromUsedInOperatingActivities_1" xlink:title="Label : CashFlowsFromUsedInOperatingActivities to label_CashFlowsFromUsedInOperatingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:label="CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:title="CashFlowsFromUsedInInvestingActivitiesAbstract" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInInvestingActivitiesAbstract_1" xlink:title="Label : CashFlowsFromUsedInInvestingActivitiesAbstract to label_CashFlowsFromUsedInInvestingActivitiesAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:title="ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xml:lang="en" id="label_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod">Proceeds from sales of investments other than investments accounted for using equity method</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1" xml:lang="en" id="label_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1">Proceeds from disposals of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="label_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1" xlink:title="Label : ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod to label_ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:label="DividendsReceivedClassifiedAsInvestingActivities" xlink:title="DividendsReceivedClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_DividendsReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsReceivedClassifiedAsInvestingActivities" xml:lang="en" id="label_DividendsReceivedClassifiedAsInvestingActivities">Dividends received, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsReceivedClassifiedAsInvestingActivities" xlink:to="label_DividendsReceivedClassifiedAsInvestingActivities" xlink:title="Label : DividendsReceivedClassifiedAsInvestingActivities to label_DividendsReceivedClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_DividendsReceivedClassifiedAsInvestingActivities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DividendsReceivedClassifiedAsInvestingActivities_1" xml:lang="en" id="label_DividendsReceivedClassifiedAsInvestingActivities_1">Dividends received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsReceivedClassifiedAsInvestingActivities" xlink:to="label_DividendsReceivedClassifiedAsInvestingActivities_1" xlink:title="Label : DividendsReceivedClassifiedAsInvestingActivities to label_DividendsReceivedClassifiedAsInvestingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:title="PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xml:lang="en" id="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities">Purchase of intangible assets, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:title="Label : PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities to label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_1" xml:lang="en" id="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_1">Purchase of intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_1" xlink:title="Label : PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities to label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en" id="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">Purchase of property, plant and equipment, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="Label : PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:label="PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:title="PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities" xml:lang="en" id="label_PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities">Purchase of other long-term assets, classified as investing activities</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaidClassifiedAsFinancingActivities" xlink:to="label_InterestPaidClassifiedAsFinancingActivities" xlink:title="Label : InterestPaidClassifiedAsFinancingActivities to label_InterestPaidClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_InterestPaidClassifiedAsFinancingActivities_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestPaidClassifiedAsFinancingActivities_1" xml:lang="en" id="label_InterestPaidClassifiedAsFinancingActivities_1">Interest paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaidClassifiedAsFinancingActivities" xlink:to="label_InterestPaidClassifiedAsFinancingActivities_1" xlink:title="Label : InterestPaidClassifiedAsFinancingActivities to label_InterestPaidClassifiedAsFinancingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:label="DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:title="DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xml:lang="en" id="label_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities">Dividends paid to equity holders of parent, classified as financing activities</link:label>
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    <link:label xlink:type="resource" xlink:label="label_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_1" xml:lang="en" id="label_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities_1">Gross dividend paid to shareholders of NV Bekaert SA</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:label="DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:title="DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xml:lang="en" id="label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities">Dividends paid to non-controlling interests, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:title="Label : DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities to label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_1" xml:lang="en" id="label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_1">Gross dividend paid to non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_1" xlink:title="Label : DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities to label_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:label="ProceedsFromNoncurrentBorrowings" xlink:title="ProceedsFromNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromNoncurrentBorrowings" xml:lang="en" id="label_ProceedsFromNoncurrentBorrowings">Proceeds from non-current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromNoncurrentBorrowings" xlink:to="label_ProceedsFromNoncurrentBorrowings" xlink:title="Label : ProceedsFromNoncurrentBorrowings to label_ProceedsFromNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromNoncurrentBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromNoncurrentBorrowings_1" xml:lang="en" id="label_ProceedsFromNoncurrentBorrowings_1">Proceeds from long-term interest-bearing debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromNoncurrentBorrowings" xlink:to="label_ProceedsFromNoncurrentBorrowings_1" xlink:title="Label : ProceedsFromNoncurrentBorrowings to label_ProceedsFromNoncurrentBorrowings_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:label="RepaymentsOfNoncurrentBorrowings" xlink:title="RepaymentsOfNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RepaymentsOfNoncurrentBorrowings" xml:lang="en" id="label_RepaymentsOfNoncurrentBorrowings">Repayments of non-current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfNoncurrentBorrowings" xlink:to="label_RepaymentsOfNoncurrentBorrowings" xlink:title="Label : RepaymentsOfNoncurrentBorrowings to label_RepaymentsOfNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfNoncurrentBorrowings_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_RepaymentsOfNoncurrentBorrowings_1" xml:lang="en" id="label_RepaymentsOfNoncurrentBorrowings_1">Repayment of long-term interest-bearing debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfNoncurrentBorrowings" xlink:to="label_RepaymentsOfNoncurrentBorrowings_1" xlink:title="Label : RepaymentsOfNoncurrentBorrowings to label_RepaymentsOfNoncurrentBorrowings_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:label="CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:title="CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xml:lang="en" id="label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings">Cash flows from (used in) increase (decrease) in current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:to="label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:title="Label : CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings to label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_1" xml:lang="en" id="label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_1">Cash flows from / to (-) short-term interest-bearing debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:to="label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_1" xlink:title="Label : CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings to label_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:label="ProceedsFromSaleOrIssueOfTreasuryShares" xlink:title="ProceedsFromSaleOrIssueOfTreasuryShares" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromSaleOrIssueOfTreasuryShares" xml:lang="en" id="label_ProceedsFromSaleOrIssueOfTreasuryShares">Proceeds from sale or issue of treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSaleOrIssueOfTreasuryShares" xlink:to="label_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:title="Label : ProceedsFromSaleOrIssueOfTreasuryShares to label_ProceedsFromSaleOrIssueOfTreasuryShares" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSaleOrIssueOfTreasuryShares_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromSaleOrIssueOfTreasuryShares_1" xml:lang="en" id="label_ProceedsFromSaleOrIssueOfTreasuryShares_1">Treasury shares transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSaleOrIssueOfTreasuryShares" xlink:to="label_ProceedsFromSaleOrIssueOfTreasuryShares_1" xlink:title="Label : ProceedsFromSaleOrIssueOfTreasuryShares to label_ProceedsFromSaleOrIssueOfTreasuryShares_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:label="OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:title="OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xml:lang="en" id="label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities">Other inflows (outflows) of cash, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:to="label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:title="Label : OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities to label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_1" xml:lang="en" id="label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_1">Other financing cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:to="label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_1" xlink:title="Label : OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities to label_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="CashFlowsFromUsedInFinancingActivities" xlink:title="CashFlowsFromUsedInFinancingActivities" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivities" xlink:to="label_CashFlowsFromUsedInFinancingActivities" xlink:title="Label : CashFlowsFromUsedInFinancingActivities to label_CashFlowsFromUsedInFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInFinancingActivities_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CashFlowsFromUsedInFinancingActivities_1" xml:lang="en" id="label_CashFlowsFromUsedInFinancingActivities_1">Cash flows from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivities" xlink:to="label_CashFlowsFromUsedInFinancingActivities_1" xlink:title="Label : CashFlowsFromUsedInFinancingActivities to label_CashFlowsFromUsedInFinancingActivities_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="IncreaseDecreaseInCashAndCashEquivalents" xlink:title="IncreaseDecreaseInCashAndCashEquivalents" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="CashAndCashEquivalents" xlink:title="CashAndCashEquivalents" />
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    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashAndCashEquivalents_1" xml:lang="en" id="label_CashAndCashEquivalents_1">Cash and cash equivalents</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_2" xlink:title="Label : CashAndCashEquivalents to label_CashAndCashEquivalents_2" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_3" xlink:title="Label : CashAndCashEquivalents to label_CashAndCashEquivalents_3" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="label_EffectOfExchangeRateChangesOnCashAndCashEquivalents_1" xlink:title="Label : EffectOfExchangeRateChangesOnCashAndCashEquivalents to label_EffectOfExchangeRateChangesOnCashAndCashEquivalents_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="ComponentsOfEquityAxis" xlink:title="ComponentsOfEquityAxis" />
    <link:label xlink:type="resource" xlink:label="label_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComponentsOfEquityAxis" xml:lang="en" id="label_ComponentsOfEquityAxis">Components of equity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfEquityAxis" xlink:to="label_ComponentsOfEquityAxis" xlink:title="Label : ComponentsOfEquityAxis to label_ComponentsOfEquityAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssuedCapitalMember" xlink:label="IssuedCapitalMember" xlink:title="IssuedCapitalMember" />
    <link:label xlink:type="resource" xlink:label="label_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IssuedCapitalMember" xml:lang="en" id="label_IssuedCapitalMember">Issued capital [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapitalMember" xlink:to="label_IssuedCapitalMember" xlink:title="Label : IssuedCapitalMember to label_IssuedCapitalMember" />
    <link:label xlink:type="resource" xlink:label="label_IssuedCapitalMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IssuedCapitalMember_1" xml:lang="en" id="label_IssuedCapitalMember_1">Share capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapitalMember" xlink:to="label_IssuedCapitalMember_1" xlink:title="Label : IssuedCapitalMember to label_IssuedCapitalMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SharePremiumMember" xlink:label="SharePremiumMember" xlink:title="SharePremiumMember" />
    <link:label xlink:type="resource" xlink:label="label_SharePremiumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SharePremiumMember" xml:lang="en" id="label_SharePremiumMember">Share premium [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharePremiumMember" xlink:to="label_SharePremiumMember" xlink:title="Label : SharePremiumMember to label_SharePremiumMember" />
    <link:label xlink:type="resource" xlink:label="label_SharePremiumMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SharePremiumMember_1" xml:lang="en" id="label_SharePremiumMember_1">Share premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharePremiumMember" xlink:to="label_SharePremiumMember_1" xlink:title="Label : SharePremiumMember to label_SharePremiumMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarningsMember" xlink:label="RetainedEarningsMember" xlink:title="RetainedEarningsMember" />
    <link:label xlink:type="resource" xlink:label="label_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetainedEarningsMember" xml:lang="en" id="label_RetainedEarningsMember">Retained earnings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsMember" xlink:to="label_RetainedEarningsMember" xlink:title="Label : RetainedEarningsMember to label_RetainedEarningsMember" />
    <link:label xlink:type="resource" xlink:label="label_RetainedEarningsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RetainedEarningsMember_1" xml:lang="en" id="label_RetainedEarningsMember_1">Retained earnings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsMember" xlink:to="label_RetainedEarningsMember_1" xlink:title="Label : RetainedEarningsMember to label_RetainedEarningsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasurySharesMember" xlink:label="TreasurySharesMember" xlink:title="TreasurySharesMember" />
    <link:label xlink:type="resource" xlink:label="label_TreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TreasurySharesMember" xml:lang="en" id="label_TreasurySharesMember">Treasury shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasurySharesMember" xlink:to="label_TreasurySharesMember" xlink:title="Label : TreasurySharesMember to label_TreasurySharesMember" />
    <link:label xlink:type="resource" xlink:label="label_TreasurySharesMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TreasurySharesMember_1" xml:lang="en" id="label_TreasurySharesMember_1">Treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasurySharesMember" xlink:to="label_TreasurySharesMember_1" xlink:title="Label : TreasurySharesMember to label_TreasurySharesMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:label="ReserveOfExchangeDifferencesOnTranslationMember" xlink:title="ReserveOfExchangeDifferencesOnTranslationMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfExchangeDifferencesOnTranslationMember" xml:lang="en" id="label_ReserveOfExchangeDifferencesOnTranslationMember">Reserve of exchange differences on translation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="label_ReserveOfExchangeDifferencesOnTranslationMember" xlink:title="Label : ReserveOfExchangeDifferencesOnTranslationMember to label_ReserveOfExchangeDifferencesOnTranslationMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfExchangeDifferencesOnTranslationMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReserveOfExchangeDifferencesOnTranslationMember_1" xml:lang="en" id="label_ReserveOfExchangeDifferencesOnTranslationMember_1">Cumulative translation adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="label_ReserveOfExchangeDifferencesOnTranslationMember_1" xlink:title="Label : ReserveOfExchangeDifferencesOnTranslationMember to label_ReserveOfExchangeDifferencesOnTranslationMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:label="ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:title="ReserveOfRemeasurementsOfDefinedBenefitPlansMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xml:lang="en" id="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember">Reserve of remeasurements of defined benefit plans [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:to="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:title="Label : ReserveOfRemeasurementsOfDefinedBenefitPlansMember to label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_1" xml:lang="en" id="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_1">Remeasurement reserve for DB plans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:to="label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_1" xlink:title="Label : ReserveOfRemeasurementsOfDefinedBenefitPlansMember to label_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:label="EquityAttributableToOwnersOfParentMember" xlink:title="EquityAttributableToOwnersOfParentMember" />
    <link:label xlink:type="resource" xlink:label="label_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAttributableToOwnersOfParentMember" xml:lang="en" id="label_EquityAttributableToOwnersOfParentMember">Equity attributable to owners of parent [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParentMember" xlink:to="label_EquityAttributableToOwnersOfParentMember" xlink:title="Label : EquityAttributableToOwnersOfParentMember to label_EquityAttributableToOwnersOfParentMember" />
    <link:label xlink:type="resource" xlink:label="label_EquityAttributableToOwnersOfParentMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EquityAttributableToOwnersOfParentMember_1" xml:lang="en" id="label_EquityAttributableToOwnersOfParentMember_1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParentMember" xlink:to="label_EquityAttributableToOwnersOfParentMember_1" xlink:title="Label : EquityAttributableToOwnersOfParentMember to label_EquityAttributableToOwnersOfParentMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="NoncontrollingInterestsMember" xlink:title="NoncontrollingInterestsMember" />
    <link:label xlink:type="resource" xlink:label="label_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncontrollingInterestsMember" xml:lang="en" id="label_NoncontrollingInterestsMember">Non-controlling interests [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterestsMember" xlink:to="label_NoncontrollingInterestsMember" xlink:title="Label : NoncontrollingInterestsMember to label_NoncontrollingInterestsMember" />
    <link:label xlink:type="resource" xlink:label="label_NoncontrollingInterestsMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncontrollingInterestsMember_1" xml:lang="en" id="label_NoncontrollingInterestsMember_1">Non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterestsMember" xlink:to="label_NoncontrollingInterestsMember_1" xlink:title="Label : NoncontrollingInterestsMember to label_NoncontrollingInterestsMember_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="OtherComprehensiveIncome" xlink:title="OtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherComprehensiveIncome" xml:lang="en" id="label_OtherComprehensiveIncome">Other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncome" xlink:to="label_OtherComprehensiveIncome" xlink:title="Label : OtherComprehensiveIncome to label_OtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncome_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherComprehensiveIncome_1" xml:lang="en" id="label_OtherComprehensiveIncome_1">Other comprehensive income for the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncome" xlink:to="label_OtherComprehensiveIncome_1" xlink:title="Label : OtherComprehensiveIncome to label_OtherComprehensiveIncome_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncome_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherComprehensiveIncome_2" xml:lang="en" id="label_OtherComprehensiveIncome_2">Other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncome" xlink:to="label_OtherComprehensiveIncome_2" xlink:title="Label : OtherComprehensiveIncome to label_OtherComprehensiveIncome_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:label="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:title="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xml:lang="en" id="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity">Increase (decrease) through other changes, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:title="Label : IncreaseDecreaseThroughTransfersAndOtherChangesEquity to label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1" xml:lang="en" id="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1">Effect of other changes in Group structure</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1" xlink:title="Label : IncreaseDecreaseThroughTransfersAndOtherChangesEquity to label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:label="IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:title="IncreaseDecreaseThroughSharebasedPaymentTransactions" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughSharebasedPaymentTransactions" xml:lang="en" id="label_IncreaseDecreaseThroughSharebasedPaymentTransactions">Increase (decrease) through share-based payment transactions, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="label_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:title="Label : IncreaseDecreaseThroughSharebasedPaymentTransactions to label_IncreaseDecreaseThroughSharebasedPaymentTransactions" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughSharebasedPaymentTransactions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughSharebasedPaymentTransactions_1" xml:lang="en" id="label_IncreaseDecreaseThroughSharebasedPaymentTransactions_1">Equity-settled share-based payment plans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="label_IncreaseDecreaseThroughSharebasedPaymentTransactions_1" xlink:title="Label : IncreaseDecreaseThroughSharebasedPaymentTransactions to label_IncreaseDecreaseThroughSharebasedPaymentTransactions_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssueOfEquity" xlink:label="IssueOfEquity" xlink:title="IssueOfEquity" />
    <link:label xlink:type="resource" xlink:label="label_IssueOfEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IssueOfEquity" xml:lang="en" id="label_IssueOfEquity">Issue of equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssueOfEquity" xlink:to="label_IssueOfEquity" xlink:title="Label : IssueOfEquity to label_IssueOfEquity" />
    <link:label xlink:type="resource" xlink:label="label_IssueOfEquity_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IssueOfEquity_1" xml:lang="en" id="label_IssueOfEquity_1">Creation of new shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssueOfEquity" xlink:to="label_IssueOfEquity_1" xlink:title="Label : IssueOfEquity to label_IssueOfEquity_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:label="IncreaseDecreaseThroughTreasuryShareTransactions" xlink:title="IncreaseDecreaseThroughTreasuryShareTransactions" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTreasuryShareTransactions" xml:lang="en" id="label_IncreaseDecreaseThroughTreasuryShareTransactions">Increase (decrease) through treasury share transactions, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTreasuryShareTransactions" xlink:to="label_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:title="Label : IncreaseDecreaseThroughTreasuryShareTransactions to label_IncreaseDecreaseThroughTreasuryShareTransactions" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTreasuryShareTransactions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTreasuryShareTransactions_1" xml:lang="en" id="label_IncreaseDecreaseThroughTreasuryShareTransactions_1">Treasury shares transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTreasuryShareTransactions" xlink:to="label_IncreaseDecreaseThroughTreasuryShareTransactions_1" xlink:title="Label : IncreaseDecreaseThroughTreasuryShareTransactions to label_IncreaseDecreaseThroughTreasuryShareTransactions_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaid" xlink:label="DividendsPaid" xlink:title="DividendsPaid" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DividendsPaid" xml:lang="en" id="label_DividendsPaid">Dividends recognised as distributions to owners</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaid" xlink:to="label_DividendsPaid" xlink:title="Label : DividendsPaid to label_DividendsPaid" />
    <link:label xlink:type="resource" xlink:label="label_DividendsPaid_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DividendsPaid_1" xml:lang="en" id="label_DividendsPaid_1">Dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaid" xlink:to="label_DividendsPaid_1" xlink:title="Label : DividendsPaid to label_DividendsPaid_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="AdministrativeExpense" xlink:title="AdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_AdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdministrativeExpense" xml:lang="en" id="label_AdministrativeExpense">Administrative expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeExpense" xlink:to="label_AdministrativeExpense" xlink:title="Label : AdministrativeExpense to label_AdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="label_AdministrativeExpense_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AdministrativeExpense_1" xml:lang="en" id="label_AdministrativeExpense_1">Administrative expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeExpense" xlink:to="label_AdministrativeExpense_1" xlink:title="Label : AdministrativeExpense to label_AdministrativeExpense_1" />
    <link:loc xlink:type="locator" xlink:href="http://www.esma.europa.eu/taxonomy/2020-03-16/esef_cor.xsd#esef_cor_NotesAccountingPoliciesAndMandatoryTags" xlink:label="NotesAccountingPoliciesAndMandatoryTags" xlink:title="NotesAccountingPoliciesAndMandatoryTags" />
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    <link:label xlink:type="resource" xlink:label="label_NameOfReportingEntityOrOtherMeansOfIdentification" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NameOfReportingEntityOrOtherMeansOfIdentification" xml:lang="en" id="label_NameOfReportingEntityOrOtherMeansOfIdentification">Name of reporting entity or other means of identification</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NameOfReportingEntityOrOtherMeansOfIdentification" xlink:to="label_NameOfReportingEntityOrOtherMeansOfIdentification" xlink:title="Label : NameOfReportingEntityOrOtherMeansOfIdentification to label_NameOfReportingEntityOrOtherMeansOfIdentification" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DomicileOfEntity" xlink:label="DomicileOfEntity" xlink:title="DomicileOfEntity" />
    <link:label xlink:type="resource" xlink:label="label_DomicileOfEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DomicileOfEntity" xml:lang="en" id="label_DomicileOfEntity">Domicile of entity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DomicileOfEntity" xlink:to="label_DomicileOfEntity" xlink:title="Label : DomicileOfEntity to label_DomicileOfEntity" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LegalFormOfEntity" xlink:label="LegalFormOfEntity" xlink:title="LegalFormOfEntity" />
    <link:label xlink:type="resource" xlink:label="label_LegalFormOfEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalFormOfEntity" xml:lang="en" id="label_LegalFormOfEntity">Legal form of entity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalFormOfEntity" xlink:to="label_LegalFormOfEntity" xlink:title="Label : LegalFormOfEntity to label_LegalFormOfEntity" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CountryOfIncorporation" xlink:label="CountryOfIncorporation" xlink:title="CountryOfIncorporation" />
    <link:label xlink:type="resource" xlink:label="label_CountryOfIncorporation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CountryOfIncorporation" xml:lang="en" id="label_CountryOfIncorporation">Country of incorporation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CountryOfIncorporation" xlink:to="label_CountryOfIncorporation" xlink:title="Label : CountryOfIncorporation to label_CountryOfIncorporation" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AddressOfRegisteredOfficeOfEntity" xlink:label="AddressOfRegisteredOfficeOfEntity" xlink:title="AddressOfRegisteredOfficeOfEntity" />
    <link:label xlink:type="resource" xlink:label="label_AddressOfRegisteredOfficeOfEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AddressOfRegisteredOfficeOfEntity" xml:lang="en" id="label_AddressOfRegisteredOfficeOfEntity">Address of entity's registered office</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PrincipalPlaceOfBusiness" xlink:label="PrincipalPlaceOfBusiness" xlink:title="PrincipalPlaceOfBusiness" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPlaceOfBusiness" xlink:to="label_PrincipalPlaceOfBusiness" xlink:title="Label : PrincipalPlaceOfBusiness to label_PrincipalPlaceOfBusiness" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:label="DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:title="DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" />
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xml:lang="en" id="label_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities">Description of nature of entity's operations and principal activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:to="label_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:title="Label : DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities to label_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NameOfParentEntity" xlink:label="NameOfParentEntity" xlink:title="NameOfParentEntity" />
    <link:label xlink:type="resource" xlink:label="label_NameOfParentEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NameOfParentEntity" xml:lang="en" id="label_NameOfParentEntity">Name of parent entity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NameOfParentEntity" xlink:to="label_NameOfParentEntity" xlink:title="Label : NameOfParentEntity to label_NameOfParentEntity" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NameOfUltimateParentOfGroup" xlink:label="NameOfUltimateParentOfGroup" xlink:title="NameOfUltimateParentOfGroup" />
    <link:label xlink:type="resource" xlink:label="label_NameOfUltimateParentOfGroup" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NameOfUltimateParentOfGroup" xml:lang="en" id="label_NameOfUltimateParentOfGroup">Name of ultimate parent of group</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NameOfUltimateParentOfGroup" xlink:to="label_NameOfUltimateParentOfGroup" xlink:title="Label : NameOfUltimateParentOfGroup to label_NameOfUltimateParentOfGroup" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="IncomeStatementAbstract" xlink:title="IncomeStatementAbstract" />
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementAbstract" xml:lang="en" id="label_IncomeStatementAbstract">Consolidated income statement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementAbstract" xlink:to="label_IncomeStatementAbstract" xlink:title="Label : IncomeStatementAbstract to label_IncomeStatementAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherIncome" xlink:label="OtherIncome" xlink:title="OtherIncome" />
    <link:label xlink:type="resource" xlink:label="label_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherIncome" xml:lang="en" id="label_OtherIncome">Other income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncome" xlink:to="label_OtherIncome" xlink:title="Label : OtherIncome to label_OtherIncome" />
    <link:label xlink:type="resource" xlink:label="label_OtherIncome_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherIncome_1" xml:lang="en" id="label_OtherIncome_1">Other operating revenues</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncome" xlink:to="label_OtherIncome_1" xlink:title="Label : OtherIncome to label_OtherIncome_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherExpenseByFunction" xlink:label="OtherExpenseByFunction" xlink:title="OtherExpenseByFunction" />
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByFunction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherExpenseByFunction" xml:lang="en" id="label_OtherExpenseByFunction">Other expense, by function</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByFunction" xlink:to="label_OtherExpenseByFunction" xlink:title="Label : OtherExpenseByFunction to label_OtherExpenseByFunction" />
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByFunction_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherExpenseByFunction_1" xml:lang="en" id="label_OtherExpenseByFunction_1">Other operating expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByFunction" xlink:to="label_OtherExpenseByFunction_1" xlink:title="Label : OtherExpenseByFunction to label_OtherExpenseByFunction_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:label="StatementOfComprehensiveIncomeAbstract" xlink:title="StatementOfComprehensiveIncomeAbstract" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfComprehensiveIncomeAbstract" xlink:to="label_StatementOfComprehensiveIncomeAbstract" xlink:title="Label : StatementOfComprehensiveIncomeAbstract to label_StatementOfComprehensiveIncomeAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:title="GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xml:lang="en" id="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">Gains (losses) on exchange differences on translation, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:title="Label : GainsLossesOnExchangeDifferencesOnTranslationNetOfTax to label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:title="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="en" id="label_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract">Components of other comprehensive income that will not be reclassified to profit or loss, net of tax [abstract]</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="label_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_1" xlink:title="Label : ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract to label_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:label="OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:title="OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:to="label_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:title="Label : IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome to label_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="StatementOfFinancialPositionAbstract" xlink:title="StatementOfFinancialPositionAbstract" />
    <link:label xlink:type="resource" xlink:label="label_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatementOfFinancialPositionAbstract" xml:lang="en" id="label_StatementOfFinancialPositionAbstract">Consolidated balance sheet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfFinancialPositionAbstract" xlink:to="label_StatementOfFinancialPositionAbstract" xlink:title="Label : StatementOfFinancialPositionAbstract to label_StatementOfFinancialPositionAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssets" xlink:label="RightofuseAssets" xlink:title="RightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RightofuseAssets" xml:lang="en" id="label_RightofuseAssets">Right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="label_RightofuseAssets" xlink:title="Label : RightofuseAssets to label_RightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="label_RightofuseAssets_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RightofuseAssets_1" xml:lang="en" id="label_RightofuseAssets_1">RoU Property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="label_RightofuseAssets_1" xlink:title="Label : RightofuseAssets to label_RightofuseAssets_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:label="InvestmentAccountedForUsingEquityMethod" xlink:title="InvestmentAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentAccountedForUsingEquityMethod" xml:lang="en" id="label_InvestmentAccountedForUsingEquityMethod">Investments accounted for using equity method</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentAccountedForUsingEquityMethod" xlink:to="label_InvestmentAccountedForUsingEquityMethod" xlink:title="Label : InvestmentAccountedForUsingEquityMethod to label_InvestmentAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_InvestmentAccountedForUsingEquityMethod_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InvestmentAccountedForUsingEquityMethod_1" xml:lang="en" id="label_InvestmentAccountedForUsingEquityMethod_1">Investments in joint ventures and associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentAccountedForUsingEquityMethod" xlink:to="label_InvestmentAccountedForUsingEquityMethod_1" xlink:title="Label : InvestmentAccountedForUsingEquityMethod to label_InvestmentAccountedForUsingEquityMethod_1" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_BillsOfExchangeReceived" xlink:label="BillsOfExchangeReceived" xlink:title="BillsOfExchangeReceived" />
    <link:label xlink:type="resource" xlink:label="label_BillsOfExchangeReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BillsOfExchangeReceived" xml:lang="en" id="label_BillsOfExchangeReceived">Bills of Exchange Received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BillsOfExchangeReceived" xlink:to="label_BillsOfExchangeReceived" xlink:title="Label : BillsOfExchangeReceived to label_BillsOfExchangeReceived" />
    <link:label xlink:type="resource" xlink:label="label_BillsOfExchangeReceived_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BillsOfExchangeReceived_1" xml:lang="en" id="label_BillsOfExchangeReceived_1">The amount of bills of exchange received.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BillsOfExchangeReceived" xlink:to="label_BillsOfExchangeReceived_1" xlink:title="Label : BillsOfExchangeReceived to label_BillsOfExchangeReceived_1" />
    <link:label xlink:type="resource" xlink:label="label_BillsOfExchangeReceived_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BillsOfExchangeReceived_2" xml:lang="en" id="label_BillsOfExchangeReceived_2">Bills of exchange received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BillsOfExchangeReceived" xlink:to="label_BillsOfExchangeReceived_2" xlink:title="Label : BillsOfExchangeReceived to label_BillsOfExchangeReceived_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:label="NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:title="NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xml:lang="en" id="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale">Non-current assets or disposal groups classified as held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:to="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:title="Label : NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale to label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale_1" xml:lang="en" id="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale_1">Assets classified as held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:to="label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale_1" xlink:title="Label : NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale to label_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="LongtermBorrowings" xlink:title="LongtermBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LongtermBorrowings" xml:lang="en" id="label_LongtermBorrowings">Non-current portion of non-current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermBorrowings" xlink:to="label_LongtermBorrowings" xlink:title="Label : LongtermBorrowings to label_LongtermBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_LongtermBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LongtermBorrowings_1" xml:lang="en" id="label_LongtermBorrowings_1">Interest-bearing debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermBorrowings" xlink:to="label_LongtermBorrowings_1" xlink:title="Label : LongtermBorrowings to label_LongtermBorrowings_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:label="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:title="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xml:lang="en" id="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale">Liabilities included in disposal groups classified as held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:title="Label : LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_1" xml:lang="en" id="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_1">Liabilities associated with assets classified as held for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_1" xlink:title="Label : LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale to label_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:label="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:title="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xml:lang="en" id="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings">Current borrowings and current portion of non-current borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:title="Label : CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings to label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" />
    <link:label xlink:type="resource" xlink:label="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1" xml:lang="en" id="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1">Interest-bearing debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1" xlink:title="Label : CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings to label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityAbstract" xlink:label="StatementOfChangesInEquityAbstract" xlink:title="StatementOfChangesInEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="label_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatementOfChangesInEquityAbstract" xml:lang="en" id="label_StatementOfChangesInEquityAbstract">Consolidated statement of changes in equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfChangesInEquityAbstract" xlink:to="label_StatementOfChangesInEquityAbstract" xlink:title="Label : StatementOfChangesInEquityAbstract to label_StatementOfChangesInEquityAbstract" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="EquityMember" xlink:title="EquityMember" />
    <link:label xlink:type="resource" xlink:label="label_EquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityMember" xml:lang="en" id="label_EquityMember">Equity [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMember" xlink:to="label_EquityMember" xlink:title="Label : EquityMember to label_EquityMember" />
    <link:label xlink:type="resource" xlink:label="label_EquityMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EquityMember_1" xml:lang="en" id="label_EquityMember_1">Total equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMember" xlink:to="label_EquityMember_1" xlink:title="Label : EquityMember to label_EquityMember_1" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_DeferredTaxReserveMember" xlink:label="DeferredTaxReserveMember" xlink:title="DeferredTaxReserveMember" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxReserveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxReserveMember" xml:lang="en" id="label_DeferredTaxReserveMember">Deferred Tax Reserve [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxReserveMember" xlink:to="label_DeferredTaxReserveMember" xlink:title="Label : DeferredTaxReserveMember to label_DeferredTaxReserveMember" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxReserveMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_DeferredTaxReserveMember_1" xml:lang="en" id="label_DeferredTaxReserveMember_1">This member stands for a component of equity representing deferred tax reserve.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxReserveMember" xlink:to="label_DeferredTaxReserveMember_1" xlink:title="Label : DeferredTaxReserveMember to label_DeferredTaxReserveMember_1" />
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxReserveMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxReserveMember_2" xml:lang="en" id="label_DeferredTaxReserveMember_2">Deferred tax reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxReserveMember" xlink:to="label_DeferredTaxReserveMember_2" xlink:title="Label : DeferredTaxReserveMember to label_DeferredTaxReserveMember_2" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_ReserveForPutOptionOnNonControllingInterestsMember" xlink:label="ReserveForPutOptionOnNonControllingInterestsMember" xlink:title="ReserveForPutOptionOnNonControllingInterestsMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveForPutOptionOnNonControllingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveForPutOptionOnNonControllingInterestsMember" xml:lang="en" id="label_ReserveForPutOptionOnNonControllingInterestsMember">Reserve for Put Option on Non-Controlling Interests [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveForPutOptionOnNonControllingInterestsMember" xlink:to="label_ReserveForPutOptionOnNonControllingInterestsMember" xlink:title="Label : ReserveForPutOptionOnNonControllingInterestsMember to label_ReserveForPutOptionOnNonControllingInterestsMember" />
    <link:label xlink:type="resource" xlink:label="label_ReserveForPutOptionOnNonControllingInterestsMember_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ReserveForPutOptionOnNonControllingInterestsMember_1" xml:lang="en" id="label_ReserveForPutOptionOnNonControllingInterestsMember_1">This member stands for a component of equity representing reserves for put option on non-controlling interests.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveForPutOptionOnNonControllingInterestsMember" xlink:to="label_ReserveForPutOptionOnNonControllingInterestsMember_1" xlink:title="Label : ReserveForPutOptionOnNonControllingInterestsMember to label_ReserveForPutOptionOnNonControllingInterestsMember_1" />
    <link:label xlink:type="resource" xlink:label="label_ReserveForPutOptionOnNonControllingInterestsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReserveForPutOptionOnNonControllingInterestsMember_2" xml:lang="en" id="label_ReserveForPutOptionOnNonControllingInterestsMember_2">NCI put option reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveForPutOptionOnNonControllingInterestsMember" xlink:to="label_ReserveForPutOptionOnNonControllingInterestsMember_2" xlink:title="Label : ReserveForPutOptionOnNonControllingInterestsMember to label_ReserveForPutOptionOnNonControllingInterestsMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="Equity" xlink:title="Equity" />
    <link:label xlink:type="resource" xlink:label="label_Equity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Equity" xml:lang="en" id="label_Equity">Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity" xlink:title="Label : Equity to label_Equity" />
    <link:label xlink:type="resource" xlink:label="label_Equity_1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Equity_1" xml:lang="en" id="label_Equity_1">Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity_1" xlink:title="Label : Equity to label_Equity_1" />
    <link:label xlink:type="resource" xlink:label="label_Equity_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_Equity_2" xml:lang="en" id="label_Equity_2">Equity at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity_2" xlink:title="Label : Equity to label_Equity_2" />
    <link:label xlink:type="resource" xlink:label="label_Equity_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_Equity_3" xml:lang="en" id="label_Equity_3">Equity at end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="label_Equity_3" xlink:title="Label : Equity to label_Equity_3" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" xlink:label="IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" xlink:title="IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" xml:lang="en" id="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests">Increase (Decrease) Through Capital Contribution by Non-Controlling Interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" xlink:to="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" xlink:title="Label : IncreaseDecreaseThroughCapitalContributionByNonControllingInterests to label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_1" xml:lang="en" id="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_1">The increase (decrease) in equity resulting from capital contribution by non-controlling interests.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" xlink:to="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_1" xlink:title="Label : IncreaseDecreaseThroughCapitalContributionByNonControllingInterests to label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_2" xml:lang="en" id="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_2">Capital contribution by non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCapitalContributionByNonControllingInterests" xlink:to="label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_2" xlink:title="Label : IncreaseDecreaseThroughCapitalContributionByNonControllingInterests to label_IncreaseDecreaseThroughCapitalContributionByNonControllingInterests_2" />
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    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughReclassifications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughReclassifications" xml:lang="en" id="label_IncreaseDecreaseThroughReclassifications">Increase (Decrease) Through Reclassifications</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughReclassifications" xlink:to="label_IncreaseDecreaseThroughReclassifications" xlink:title="Label : IncreaseDecreaseThroughReclassifications to label_IncreaseDecreaseThroughReclassifications" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughReclassifications" xlink:to="label_IncreaseDecreaseThroughReclassifications_1" xlink:title="Label : IncreaseDecreaseThroughReclassifications to label_IncreaseDecreaseThroughReclassifications_1" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughReclassifications_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_IncreaseDecreaseThroughReclassifications_2" xml:lang="en" id="label_IncreaseDecreaseThroughReclassifications_2">The increase (decrease) in equity resulting from reclassifications.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughReclassifications" xlink:to="label_IncreaseDecreaseThroughReclassifications_2" xlink:title="Label : IncreaseDecreaseThroughReclassifications to label_IncreaseDecreaseThroughReclassifications_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl" xlink:label="IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl" xlink:title="IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl" />
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl" xml:lang="en" id="label_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl">Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity</link:label>
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    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl_1" xml:lang="en" id="label_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl_1">Effect of NCI purchase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl" xlink:to="label_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl_1" xlink:title="Label : IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl to label_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BusinessCombinationsAxis" xlink:label="BusinessCombinationsAxis" xlink:title="BusinessCombinationsAxis" />
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessCombinationsAxis" xml:lang="en" id="label_BusinessCombinationsAxis">Business combinations [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationsAxis" xlink:to="label_BusinessCombinationsAxis" xlink:title="Label : BusinessCombinationsAxis to label_BusinessCombinationsAxis" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForBusinessCombinationsMember" xlink:label="EntitysTotalForBusinessCombinationsMember" xlink:title="EntitysTotalForBusinessCombinationsMember" />
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForBusinessCombinationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForBusinessCombinationsMember" xml:lang="en" id="label_EntitysTotalForBusinessCombinationsMember">Entity's total for business combinations [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForBusinessCombinationsMember" xlink:to="label_EntitysTotalForBusinessCombinationsMember" xlink:title="Label : EntitysTotalForBusinessCombinationsMember to label_EntitysTotalForBusinessCombinationsMember" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="PercentageOfVotingEquityInterestsAcquired" xlink:title="PercentageOfVotingEquityInterestsAcquired" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageOfVotingEquityInterestsAcquired" xml:lang="en" id="label_PercentageOfVotingEquityInterestsAcquired">Percentage of voting equity interests acquired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfVotingEquityInterestsAcquired" xlink:to="label_PercentageOfVotingEquityInterestsAcquired" xlink:title="Label : PercentageOfVotingEquityInterestsAcquired to label_PercentageOfVotingEquityInterestsAcquired" />
    <link:label xlink:type="resource" xlink:label="label_PercentageOfVotingEquityInterestsAcquired_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PercentageOfVotingEquityInterestsAcquired_1" xml:lang="en" id="label_PercentageOfVotingEquityInterestsAcquired_1">Percentage of non-controlling interests acquired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfVotingEquityInterestsAcquired" xlink:to="label_PercentageOfVotingEquityInterestsAcquired_1" xlink:title="Label : PercentageOfVotingEquityInterestsAcquired to label_PercentageOfVotingEquityInterestsAcquired_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ConsiderationPaidReceived" xlink:label="ConsiderationPaidReceived" xlink:title="ConsiderationPaidReceived" />
    <link:label xlink:type="resource" xlink:label="label_ConsiderationPaidReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsiderationPaidReceived" xml:lang="en" id="label_ConsiderationPaidReceived">Consideration paid (received)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsiderationPaidReceived" xlink:to="label_ConsiderationPaidReceived" xlink:title="Label : ConsiderationPaidReceived to label_ConsiderationPaidReceived" />
    <link:label xlink:type="resource" xlink:label="label_ConsiderationPaidReceived_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConsiderationPaidReceived_1" xml:lang="en" id="label_ConsiderationPaidReceived_1">Consideration paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsiderationPaidReceived" xlink:to="label_ConsiderationPaidReceived_1" xlink:title="Label : ConsiderationPaidReceived to label_ConsiderationPaidReceived_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="StatementOfCashFlowsAbstract" xlink:title="StatementOfCashFlowsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatementOfCashFlowsAbstract" xml:lang="en" id="label_StatementOfCashFlowsAbstract">Consolidated cash flow statement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfCashFlowsAbstract" xlink:to="label_StatementOfCashFlowsAbstract" xlink:title="Label : StatementOfCashFlowsAbstract to label_StatementOfCashFlowsAbstract" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_AdjustmentsForProvisionsAndEmployeeBenefitObligations" xlink:label="AdjustmentsForProvisionsAndEmployeeBenefitObligations" xlink:title="AdjustmentsForProvisionsAndEmployeeBenefitObligations" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations" xml:lang="en" id="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations">Adjustments for Provisions and Employee Benefit Obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionsAndEmployeeBenefitObligations" xlink:to="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations" xlink:title="Label : AdjustmentsForProvisionsAndEmployeeBenefitObligations to label_AdjustmentsForProvisionsAndEmployeeBenefitObligations" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_1" xml:lang="en" id="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_1">Adjustments for provisions and employee benefit obligations to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionsAndEmployeeBenefitObligations" xlink:to="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_1" xlink:title="Label : AdjustmentsForProvisionsAndEmployeeBenefitObligations to label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_1" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_2" xml:lang="en" id="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_2">Amounts used on provisions and employee benefit obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisionsAndEmployeeBenefitObligations" xlink:to="label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_2" xlink:title="Label : AdjustmentsForProvisionsAndEmployeeBenefitObligations to label_AdjustmentsForProvisionsAndEmployeeBenefitObligations_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:label="AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:title="AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xml:lang="en" id="label_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities">Adjustments for increase (decrease) in employee benefit liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:to="label_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:title="Label : AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities to label_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_PurchaseOfRightOfUseAssetsLand" xlink:label="PurchaseOfRightOfUseAssetsLand" xlink:title="PurchaseOfRightOfUseAssetsLand" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfRightOfUseAssetsLand" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseOfRightOfUseAssetsLand" xml:lang="en" id="label_PurchaseOfRightOfUseAssetsLand">Purchase of Right of Use Assets Land</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfRightOfUseAssetsLand" xlink:to="label_PurchaseOfRightOfUseAssetsLand" xlink:title="Label : PurchaseOfRightOfUseAssetsLand to label_PurchaseOfRightOfUseAssetsLand" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfRightOfUseAssetsLand_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PurchaseOfRightOfUseAssetsLand_1" xml:lang="en" id="label_PurchaseOfRightOfUseAssetsLand_1">Purchase of RoU Land</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfRightOfUseAssetsLand" xlink:to="label_PurchaseOfRightOfUseAssetsLand_1" xlink:title="Label : PurchaseOfRightOfUseAssetsLand to label_PurchaseOfRightOfUseAssetsLand_1" />
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfRightOfUseAssetsLand_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PurchaseOfRightOfUseAssetsLand_2" xml:lang="en" id="label_PurchaseOfRightOfUseAssetsLand_2">The cash outflow for the purchases of right-of-use assets, land.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfRightOfUseAssetsLand" xlink:to="label_PurchaseOfRightOfUseAssetsLand_2" xlink:title="Label : PurchaseOfRightOfUseAssetsLand to label_PurchaseOfRightOfUseAssetsLand_2" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_BekaertMaccaferriUndergroundSolutionsBVBAMember" xlink:label="BekaertMaccaferriUndergroundSolutionsBVBAMember" xlink:title="BekaertMaccaferriUndergroundSolutionsBVBAMember" />
    <link:label xlink:type="resource" xlink:label="label_BekaertMaccaferriUndergroundSolutionsBVBAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BekaertMaccaferriUndergroundSolutionsBVBAMember" xml:lang="en" id="label_BekaertMaccaferriUndergroundSolutionsBVBAMember">Bekaert Maccaferri Underground Solutions B V B A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BekaertMaccaferriUndergroundSolutionsBVBAMember" xlink:to="label_BekaertMaccaferriUndergroundSolutionsBVBAMember" xlink:title="Label : BekaertMaccaferriUndergroundSolutionsBVBAMember to label_BekaertMaccaferriUndergroundSolutionsBVBAMember" />
    <link:label xlink:type="resource" xlink:label="label_BekaertMaccaferriUndergroundSolutionsBVBAMember_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BekaertMaccaferriUndergroundSolutionsBVBAMember_1" xml:lang="en" id="label_BekaertMaccaferriUndergroundSolutionsBVBAMember_1">Bekaert Maccaferri Underground Solutions BVBA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BekaertMaccaferriUndergroundSolutionsBVBAMember" xlink:to="label_BekaertMaccaferriUndergroundSolutionsBVBAMember_1" xlink:title="Label : BekaertMaccaferriUndergroundSolutionsBVBAMember to label_BekaertMaccaferriUndergroundSolutionsBVBAMember_1" />
    <link:label xlink:type="resource" xlink:label="label_BekaertMaccaferriUndergroundSolutionsBVBAMember_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_BekaertMaccaferriUndergroundSolutionsBVBAMember_2" xml:lang="en" id="label_BekaertMaccaferriUndergroundSolutionsBVBAMember_2">Represents information pertaining to Bekaert Maccaferri Underground Solutions BVBA.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BekaertMaccaferriUndergroundSolutionsBVBAMember" xlink:to="label_BekaertMaccaferriUndergroundSolutionsBVBAMember_2" xlink:title="Label : BekaertMaccaferriUndergroundSolutionsBVBAMember to label_BekaertMaccaferriUndergroundSolutionsBVBAMember_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:label="PaymentsToAcquireOrRedeemEntitysShares" xlink:title="PaymentsToAcquireOrRedeemEntitysShares" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsToAcquireOrRedeemEntitysShares" xlink:to="label_PaymentsToAcquireOrRedeemEntitysShares" xlink:title="Label : PaymentsToAcquireOrRedeemEntitysShares to label_PaymentsToAcquireOrRedeemEntitysShares" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_OtherReserve" xlink:label="OtherReserve" xlink:title="OtherReserve" />
    <link:label xlink:type="resource" xlink:label="label_OtherReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherReserve" xml:lang="en" id="label_OtherReserve">Other Reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserve" xlink:to="label_OtherReserve" xlink:title="Label : OtherReserve to label_OtherReserve" />
    <link:label xlink:type="resource" xlink:label="label_OtherReserve_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherReserve_1" xml:lang="en" id="label_OtherReserve_1">A component of equity representing other reserve.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserve" xlink:to="label_OtherReserve_1" xlink:title="Label : OtherReserve to label_OtherReserve_1" />
    <link:label xlink:type="resource" xlink:label="label_OtherReserve_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherReserve_2" xml:lang="en" id="label_OtherReserve_2">Other Group reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserve" xlink:to="label_OtherReserve_2" xlink:title="Label : OtherReserve to label_OtherReserve_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAbstract" xlink:label="AssetsAbstract" xlink:title="AssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AssetsAbstract" xml:lang="en" id="label_AssetsAbstract">Assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAbstract" xlink:to="label_AssetsAbstract" xlink:title="Label : AssetsAbstract to label_AssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="label_AssetsAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AssetsAbstract_1" xml:lang="en" id="label_AssetsAbstract_1">Assets as at 31 December</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAbstract" xlink:to="label_AssetsAbstract_1" xlink:title="Label : AssetsAbstract to label_AssetsAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="OtherLongtermProvisions" xlink:title="OtherLongtermProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherLongtermProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherLongtermProvisions" xml:lang="en" id="label_OtherLongtermProvisions">Other non-current provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLongtermProvisions" xlink:to="label_OtherLongtermProvisions" xlink:title="Label : OtherLongtermProvisions to label_OtherLongtermProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherLongtermProvisions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherLongtermProvisions_1" xml:lang="en" id="label_OtherLongtermProvisions_1">Provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLongtermProvisions" xlink:to="label_OtherLongtermProvisions_1" xlink:title="Label : OtherLongtermProvisions to label_OtherLongtermProvisions_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherShorttermProvisions" xlink:label="OtherShorttermProvisions" xlink:title="OtherShorttermProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherShorttermProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherShorttermProvisions" xml:lang="en" id="label_OtherShorttermProvisions">Other current provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherShorttermProvisions" xlink:to="label_OtherShorttermProvisions" xlink:title="Label : OtherShorttermProvisions to label_OtherShorttermProvisions" />
    <link:label xlink:type="resource" xlink:label="label_OtherShorttermProvisions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherShorttermProvisions_1" xml:lang="en" id="label_OtherShorttermProvisions_1">Provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherShorttermProvisions" xlink:to="label_OtherShorttermProvisions_1" xlink:title="Label : OtherShorttermProvisions to label_OtherShorttermProvisions_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="CurrentTaxLiabilitiesCurrent" xlink:title="CurrentTaxLiabilitiesCurrent" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTaxLiabilitiesCurrent" xml:lang="en" id="label_CurrentTaxLiabilitiesCurrent">Current tax liabilities, current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxLiabilitiesCurrent" xlink:to="label_CurrentTaxLiabilitiesCurrent" xlink:title="Label : CurrentTaxLiabilitiesCurrent to label_CurrentTaxLiabilitiesCurrent" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxLiabilitiesCurrent_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentTaxLiabilitiesCurrent_1" xml:lang="en" id="label_CurrentTaxLiabilitiesCurrent_1">Income taxes payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxLiabilitiesCurrent" xlink:to="label_CurrentTaxLiabilitiesCurrent_1" xlink:title="Label : CurrentTaxLiabilitiesCurrent to label_CurrentTaxLiabilitiesCurrent_1" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_CurrentTradeReceivablesExcludingBillsOfExchangeReceived" xlink:label="CurrentTradeReceivablesExcludingBillsOfExchangeReceived" xlink:title="CurrentTradeReceivablesExcludingBillsOfExchangeReceived" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived" xml:lang="en" id="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived">Current Trade Receivables Excluding Bills of Exchange Received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivablesExcludingBillsOfExchangeReceived" xlink:to="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived" xlink:title="Label : CurrentTradeReceivablesExcludingBillsOfExchangeReceived to label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_1" xml:lang="en" id="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_1">The amount of current trade receivables, excluding the bills of exchange received.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivablesExcludingBillsOfExchangeReceived" xlink:to="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_1" xlink:title="Label : CurrentTradeReceivablesExcludingBillsOfExchangeReceived to label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_1" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_2" xml:lang="en" id="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_2">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivablesExcludingBillsOfExchangeReceived" xlink:to="label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_2" xlink:title="Label : CurrentTradeReceivablesExcludingBillsOfExchangeReceived to label_CurrentTradeReceivablesExcludingBillsOfExchangeReceived_2" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" xlink:label="ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" xlink:title="ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" xml:lang="en" id="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities">Proceeds from Disposals of Fixed Assets Classified as Investing Activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" xlink:to="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" xlink:title="Label : ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities to label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_1" xml:lang="en" id="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_1">Proceeds from disposals of fixed assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" xlink:to="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_1" xlink:title="Label : ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities to label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_1" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_2" xml:lang="en" id="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_2">The cash inflow from sales of fixed assets, classified as investing activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities" xlink:to="label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_2" xlink:title="Label : ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities to label_ProceedsFromDisposalsOfFixedAssetsClassifiedAsInvestingActivities_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:title="ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xml:lang="en" id="label_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities">Proceeds from sales of intangible assets, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="label_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:title="Label : ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities to label_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_ProceedsFromPaymentsForTreasuryShareTransactions" xlink:label="ProceedsFromPaymentsForTreasuryShareTransactions" xlink:title="ProceedsFromPaymentsForTreasuryShareTransactions" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromPaymentsForTreasuryShareTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromPaymentsForTreasuryShareTransactions" xml:lang="en" id="label_ProceedsFromPaymentsForTreasuryShareTransactions">Proceeds from (Payments for) Treasury Share Transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromPaymentsForTreasuryShareTransactions" xlink:to="label_ProceedsFromPaymentsForTreasuryShareTransactions" xlink:title="Label : ProceedsFromPaymentsForTreasuryShareTransactions to label_ProceedsFromPaymentsForTreasuryShareTransactions" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromPaymentsForTreasuryShareTransactions_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProceedsFromPaymentsForTreasuryShareTransactions_1" xml:lang="en" id="label_ProceedsFromPaymentsForTreasuryShareTransactions_1">Treasury shares transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromPaymentsForTreasuryShareTransactions" xlink:to="label_ProceedsFromPaymentsForTreasuryShareTransactions_1" xlink:title="Label : ProceedsFromPaymentsForTreasuryShareTransactions to label_ProceedsFromPaymentsForTreasuryShareTransactions_1" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromPaymentsForTreasuryShareTransactions_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProceedsFromPaymentsForTreasuryShareTransactions_2" xml:lang="en" id="label_ProceedsFromPaymentsForTreasuryShareTransactions_2">The cash inflow (outflow) from issuing of (payment for) treasury shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromPaymentsForTreasuryShareTransactions" xlink:to="label_ProceedsFromPaymentsForTreasuryShareTransactions_2" xlink:title="Label : ProceedsFromPaymentsForTreasuryShareTransactions to label_ProceedsFromPaymentsForTreasuryShareTransactions_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilitiesAbstract" xlink:label="EquityAndLiabilitiesAbstract" xlink:title="EquityAndLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAndLiabilitiesAbstract" xml:lang="en" id="label_EquityAndLiabilitiesAbstract">Equity and liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilitiesAbstract" xlink:to="label_EquityAndLiabilitiesAbstract" xlink:title="Label : EquityAndLiabilitiesAbstract to label_EquityAndLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_EquityAndLiabilitiesAbstract_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EquityAndLiabilitiesAbstract_1" xml:lang="en" id="label_EquityAndLiabilitiesAbstract_1">Equity and liabilities as at 31 December</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilitiesAbstract" xlink:to="label_EquityAndLiabilitiesAbstract_1" xlink:title="Label : EquityAndLiabilitiesAbstract to label_EquityAndLiabilitiesAbstract_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:label="CurrentProvisionsForEmployeeBenefits" xlink:title="CurrentProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_CurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentProvisionsForEmployeeBenefits" xml:lang="en" id="label_CurrentProvisionsForEmployeeBenefits">Current provisions for employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentProvisionsForEmployeeBenefits" xlink:to="label_CurrentProvisionsForEmployeeBenefits" xlink:title="Label : CurrentProvisionsForEmployeeBenefits to label_CurrentProvisionsForEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="label_CurrentProvisionsForEmployeeBenefits_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentProvisionsForEmployeeBenefits_1" xml:lang="en" id="label_CurrentProvisionsForEmployeeBenefits_1">Employee benefit obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentProvisionsForEmployeeBenefits" xlink:to="label_CurrentProvisionsForEmployeeBenefits_1" xlink:title="Label : CurrentProvisionsForEmployeeBenefits to label_CurrentProvisionsForEmployeeBenefits_1" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" xlink:label="ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" xlink:title="ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" xml:lang="en" id="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest">Proceeds from Payments for Sales and Purchases of Non Controlling Interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" xlink:to="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" xlink:title="Label : ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest to label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_1" xml:lang="en" id="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_1">Sales and purchases of NCI</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" xlink:to="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_1" xlink:title="Label : ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest to label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_1" />
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_2" xml:lang="en" id="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_2">The cash inflow from (outflow for) sales (purchases) of non-controlling interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest" xlink:to="label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_2" xlink:title="Label : ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest to label_ProceedsFromPaymentsForSalesAndPurchasesOfNonControllingInterest_2" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_EarningsBeforeInterestAndTaxesUnderlying" xlink:label="EarningsBeforeInterestAndTaxesUnderlying" xlink:title="EarningsBeforeInterestAndTaxesUnderlying" />
    <link:label xlink:type="resource" xlink:label="label_EarningsBeforeInterestAndTaxesUnderlying" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EarningsBeforeInterestAndTaxesUnderlying" xml:lang="en" id="label_EarningsBeforeInterestAndTaxesUnderlying">Earnings before Interest and Taxes, Underlying</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsBeforeInterestAndTaxesUnderlying" xlink:to="label_EarningsBeforeInterestAndTaxesUnderlying" xlink:title="Label : EarningsBeforeInterestAndTaxesUnderlying to label_EarningsBeforeInterestAndTaxesUnderlying" />
    <link:label xlink:type="resource" xlink:label="label_EarningsBeforeInterestAndTaxesUnderlying_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EarningsBeforeInterestAndTaxesUnderlying_1" xml:lang="en" id="label_EarningsBeforeInterestAndTaxesUnderlying_1">EBIT - Underlying</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsBeforeInterestAndTaxesUnderlying" xlink:to="label_EarningsBeforeInterestAndTaxesUnderlying_1" xlink:title="Label : EarningsBeforeInterestAndTaxesUnderlying to label_EarningsBeforeInterestAndTaxesUnderlying_1" />
    <link:label xlink:type="resource" xlink:label="label_EarningsBeforeInterestAndTaxesUnderlying_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_EarningsBeforeInterestAndTaxesUnderlying_2" xml:lang="en" id="label_EarningsBeforeInterestAndTaxesUnderlying_2">The amount of operating result underlying to the business, excluding the one-off items.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsBeforeInterestAndTaxesUnderlying" xlink:to="label_EarningsBeforeInterestAndTaxesUnderlying_2" xlink:title="Label : EarningsBeforeInterestAndTaxesUnderlying to label_EarningsBeforeInterestAndTaxesUnderlying_2" />
    <link:loc xlink:type="locator" xlink:href="5493008SR6XZECH6BN71-2020-12-31.xsd#bekb_OneOffItems" xlink:label="OneOffItems" xlink:title="OneOffItems" />
    <link:label xlink:type="resource" xlink:label="label_OneOffItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OneOffItems" xml:lang="en" id="label_OneOffItems">One Off Items</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OneOffItems" xlink:to="label_OneOffItems" xlink:title="Label : OneOffItems to label_OneOffItems" />
    <link:label xlink:type="resource" xlink:label="label_OneOffItems_1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OneOffItems_1" xml:lang="en" id="label_OneOffItems_1">One-off items</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OneOffItems" xlink:to="label_OneOffItems_1" xlink:title="Label : OneOffItems to label_OneOffItems_1" />
    <link:label xlink:type="resource" xlink:label="label_OneOffItems_2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OneOffItems_2" xml:lang="en" id="label_OneOffItems_2">The amount of profit and loss from operating activities that are related to restructuring programs, impairment losses, business combinations, business disposals, environmental provisions or other events and transactions that have a material one-off effect that is not inherent to the business.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OneOffItems" xlink:to="label_OneOffItems_2" xlink:title="Label : OneOffItems to label_OneOffItems_2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAdjustmentsForNoncashItems" xlink:label="OtherAdjustmentsForNoncashItems" xlink:title="OtherAdjustmentsForNoncashItems" />
    <link:label xlink:type="resource" xlink:label="label_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherAdjustmentsForNoncashItems" xml:lang="en" id="label_OtherAdjustmentsForNoncashItems">Other adjustments for non-cash items</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAdjustmentsForNoncashItems" xlink:to="label_OtherAdjustmentsForNoncashItems" xlink:title="Label : OtherAdjustmentsForNoncashItems to label_OtherAdjustmentsForNoncashItems" />
    <link:label xlink:type="resource" xlink:label="label_OtherAdjustmentsForNoncashItems_1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherAdjustmentsForNoncashItems_1" xml:lang="en" id="label_OtherAdjustmentsForNoncashItems_1">Non-cash items included in operating result</link:label>
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