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<!-- Generated by Fujitsu Interstage XWand B0245 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:mtls="http://www.materialise.com/20181231" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
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    <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-US" id="label_StatementOfFinancialPositionAbstract">Consolidated Statement Of Financial Position</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/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="NoncurrentAssetsAbstract" xlink:title="NoncurrentAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAssetsAbstract" xml:lang="en-US" id="label_NoncurrentAssetsAbstract">Non-current Assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsAbstract" xlink:to="label_NoncurrentAssetsAbstract" xlink:title="label: NoncurrentAssetsAbstract to label_NoncurrentAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Goodwill" xml:lang="en-US" id="label_Goodwill_2">Total 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_2" xlink:title="label: Goodwill to label_Goodwill"/>
    <link:label xlink:type="resource" xlink:label="label_Goodwill_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_Goodwill" xml:lang="en-US" id="label_Goodwill_3">Goodwill, At, ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Goodwill" xlink:to="label_Goodwill_3" xlink:title="label: Goodwill to label_Goodwill"/>
    <link:label xlink:type="resource" xlink:label="label_Goodwill_4" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_Goodwill" xml:lang="en-US" id="label_Goodwill_4">Goodwill, beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Goodwill" xlink:to="label_Goodwill_4" xlink:title="label: Goodwill to label_Goodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_IntangibleAssetsOtherThanGoodwill">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" xlink:title="label: IntangibleAssetsOtherThanGoodwill to label_IntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwill_2">Intangible assets at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="label_IntangibleAssetsOtherThanGoodwill_2" xlink:title="label: IntangibleAssetsOtherThanGoodwill to label_IntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwill_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwill_3">Intangible assets at end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="label_IntangibleAssetsOtherThanGoodwill_3" xlink:title="label: IntangibleAssetsOtherThanGoodwill to label_IntangibleAssetsOtherThanGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedReserves" xlink:label="ConsolidatedReserves" xlink:title="ConsolidatedReserves"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedReserves" xml:lang="en-US" id="label_ConsolidatedReserves">Consolidated reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedReserves" xlink:to="label_ConsolidatedReserves" xlink:title="label: ConsolidatedReserves to label_ConsolidatedReserves"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedReserves_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConsolidatedReserves" xml:lang="en-US" id="label_ConsolidatedReserves_2">Reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedReserves" xlink:to="label_ConsolidatedReserves_2" xlink:title="label: ConsolidatedReserves to label_ConsolidatedReserves"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Equity" xml:lang="en-US" id="label_Equity_2">Total 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_2" xlink:title="label: Equity to label_Equity"/>
    <link:label xlink:type="resource" xlink:label="label_Equity_3" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_Equity" xml:lang="en-US" id="label_Equity_3">At beginnig of the 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"/>
    <link:label xlink:type="resource" xlink:label="label_Equity_4" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_Equity" xml:lang="en-US" id="label_Equity_4">At end of the 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_4" xlink:title="label: Equity to label_Equity"/>
    <link:label xlink:type="resource" xlink:label="label_Equity_5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_Equity" xml:lang="en-US" id="label_Equity_5">Shareholders' 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_5" xlink:title="label: Equity to label_Equity"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityAbstract" xlink:label="EquityAbstract" xlink:title="EquityAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EquityAbstract" xml:lang="en-US" id="label_EquityAbstract">Equity [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAbstract" xlink:to="label_EquityAbstract" xlink:title="label: EquityAbstract to label_EquityAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_PropertyPlantAndEquipment" xml:lang="en-US" id="label_PropertyPlantAndEquipment_2">Property, plant and equipment beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="label_PropertyPlantAndEquipment_2" xlink:title="label: PropertyPlantAndEquipment to label_PropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipment_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_PropertyPlantAndEquipment" xml:lang="en-US" id="label_PropertyPlantAndEquipment_3">Property, plant and equipment end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="label_PropertyPlantAndEquipment_3" xlink:title="label: PropertyPlantAndEquipment to label_PropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:title="InvestmentsInSubsidiariesJointVenturesAndAssociates"/>
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xml:lang="en-US" id="label_InvestmentsInSubsidiariesJointVenturesAndAssociates">Investments in joint ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:title="label: InvestmentsInSubsidiariesJointVenturesAndAssociates to label_InvestmentsInSubsidiariesJointVenturesAndAssociates"/>
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xml:lang="en-US" id="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_2">Carrying value investment in books</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_2" xlink:title="label: InvestmentsInSubsidiariesJointVenturesAndAssociates to label_InvestmentsInSubsidiariesJointVenturesAndAssociates"/>
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_3" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xml:lang="en-US" id="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_3">Investments in joint ventures, beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_3" xlink:title="label: InvestmentsInSubsidiariesJointVenturesAndAssociates to label_InvestmentsInSubsidiariesJointVenturesAndAssociates"/>
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_4" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_InvestmentsInSubsidiariesJointVenturesAndAssociates" xml:lang="en-US" id="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_4">Investments in joint ventures, ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="label_InvestmentsInSubsidiariesJointVenturesAndAssociates_4" xlink:title="label: InvestmentsInSubsidiariesJointVenturesAndAssociates to label_InvestmentsInSubsidiariesJointVenturesAndAssociates"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_DeferredTaxAssets" xml:lang="en-US" id="label_DeferredTaxAssets_2">Total 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_2" xlink:title="label: DeferredTaxAssets to label_DeferredTaxAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherNoncurrentAssets" xml:lang="en-US" id="label_OtherNoncurrentAssets_2">Total 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_2" xlink:title="label: OtherNoncurrentAssets to label_OtherNoncurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NoncurrentAssets" xml:lang="en-US" id="label_NoncurrentAssets_2">Total 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_2" xlink:title="label: NoncurrentAssets to label_NoncurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssets_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentAssets" xml:lang="en-US" id="label_NoncurrentAssets_3">non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssets" xlink:to="label_NoncurrentAssets_3" xlink:title="label: NoncurrentAssets to label_NoncurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="CurrentAssetsAbstract" xlink:title="CurrentAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAssetsAbstract" xml:lang="en-US" id="label_CurrentAssetsAbstract">Current assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssetsAbstract" xlink:to="label_CurrentAssetsAbstract" xlink:title="label: CurrentAssetsAbstract to label_CurrentAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_Inventories">Inventories and contracts in progress</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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_CurrentTradeReceivables">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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentTradeReceivables" xml:lang="en-US" id="label_CurrentTradeReceivables_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivables" xlink:to="label_CurrentTradeReceivables_2" xlink:title="label: CurrentTradeReceivables to label_CurrentTradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentTradeReceivables_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentTradeReceivables" xml:lang="en-US" id="label_CurrentTradeReceivables_3">At end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTradeReceivables" xlink:to="label_CurrentTradeReceivables_3" xlink:title="label: CurrentTradeReceivables to label_CurrentTradeReceivables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentHeldtomaturityInvestments" xlink:label="CurrentHeldtomaturityInvestments" xlink:title="CurrentHeldtomaturityInvestments"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentHeldtomaturityInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentHeldtomaturityInvestments" xml:lang="en-US" id="label_CurrentHeldtomaturityInvestments">Held to maturity investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentHeldtomaturityInvestments" xlink:to="label_CurrentHeldtomaturityInvestments" xlink:title="label: CurrentHeldtomaturityInvestments to label_CurrentHeldtomaturityInvestments"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherCurrentAssets" xml:lang="en-US" id="label_OtherCurrentAssets_2">Total 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_2" xlink:title="label: OtherCurrentAssets to label_OtherCurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentAssets_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherCurrentAssets" xml:lang="en-US" id="label_OtherCurrentAssets_3">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentAssets" xlink:to="label_OtherCurrentAssets_3" xlink:title="label: OtherCurrentAssets to label_OtherCurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="CashAndCashEquivalents" xlink:title="CashAndCashEquivalents"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalents" xml:lang="en-US" id="label_CashAndCashEquivalents">Cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents" xlink:title="label: CashAndCashEquivalents to label_CashAndCashEquivalents"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_CashAndCashEquivalents" xml:lang="en-US" id="label_CashAndCashEquivalents_2">Cash and cash equivalents at beginning of the period</link:label>
    <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"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_CashAndCashEquivalents" xml:lang="en-US" id="label_CashAndCashEquivalents_3">Cash and cash equivalents at end of the period</link:label>
    <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"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalents_4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CashAndCashEquivalents" xml:lang="en-US" id="label_CashAndCashEquivalents_4">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="label_CashAndCashEquivalents_4" xlink:title="label: CashAndCashEquivalents to label_CashAndCashEquivalents"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentAssets" xml:lang="en-US" id="label_CurrentAssets_2">Total 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_2" xlink:title="label: CurrentAssets to label_CurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentAssets_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentAssets" xml:lang="en-US" id="label_CurrentAssets_3">current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAssets" xlink:to="label_CurrentAssets_3" xlink:title="label: CurrentAssets to label_CurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Assets" xml:lang="en-US" id="label_Assets_2">Total 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_2" xlink:title="label: Assets to label_Assets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_IssuedCapital">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" xlink:title="label: IssuedCapital to label_IssuedCapital"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:label="AccumulatedOtherComprehensiveIncome" xlink:title="AccumulatedOtherComprehensiveIncome"/>
    <link:label xlink:type="resource" xlink:label="label_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedOtherComprehensiveIncome" xml:lang="en-US" id="label_AccumulatedOtherComprehensiveIncome">Other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedOtherComprehensiveIncome" xlink:to="label_AccumulatedOtherComprehensiveIncome" xlink:title="label: AccumulatedOtherComprehensiveIncome to label_AccumulatedOtherComprehensiveIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="NoncurrentLiabilitiesAbstract" xlink:title="NoncurrentLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentLiabilitiesAbstract" xml:lang="en-US" id="label_NoncurrentLiabilitiesAbstract">Non-current liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentLiabilitiesAbstract" xlink:to="label_NoncurrentLiabilitiesAbstract" xlink:title="label: NoncurrentLiabilitiesAbstract to label_NoncurrentLiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_LongtermBorrowings">Loans and 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_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LongtermBorrowings" xml:lang="en-US" id="label_LongtermBorrowings_2">non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermBorrowings" xlink:to="label_LongtermBorrowings_2" xlink:title="label: LongtermBorrowings to label_LongtermBorrowings"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_DeferredTaxLiabilities" xml:lang="en-US" id="label_DeferredTaxLiabilities_2">Total 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_2" xlink:title="label: DeferredTaxLiabilities to label_DeferredTaxLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilities_3" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_DeferredTaxLiabilities" xml:lang="en-US" id="label_DeferredTaxLiabilities_3">Total 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_3" xlink:title="label: DeferredTaxLiabilities to label_DeferredTaxLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherNoncurrentLiabilities" xml:lang="en-US" id="label_OtherNoncurrentLiabilities_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentLiabilities" xlink:to="label_OtherNoncurrentLiabilities_2" xlink:title="label: OtherNoncurrentLiabilities to label_OtherNoncurrentLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredIncomeClassifiedAsNoncurrent" xlink:label="DeferredIncomeClassifiedAsNoncurrent" xlink:title="DeferredIncomeClassifiedAsNoncurrent"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeClassifiedAsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeClassifiedAsNoncurrent" xml:lang="en-US" id="label_DeferredIncomeClassifiedAsNoncurrent">Deferred income, non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeClassifiedAsNoncurrent" xlink:to="label_DeferredIncomeClassifiedAsNoncurrent" xlink:title="label: DeferredIncomeClassifiedAsNoncurrent to label_DeferredIncomeClassifiedAsNoncurrent"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeClassifiedAsNoncurrent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncomeClassifiedAsNoncurrent" xml:lang="en-US" id="label_DeferredIncomeClassifiedAsNoncurrent_2">Deferred income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeClassifiedAsNoncurrent" xlink:to="label_DeferredIncomeClassifiedAsNoncurrent_2" xlink:title="label: DeferredIncomeClassifiedAsNoncurrent to label_DeferredIncomeClassifiedAsNoncurrent"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeClassifiedAsNoncurrent_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DeferredIncomeClassifiedAsNoncurrent" xml:lang="en-US" id="label_DeferredIncomeClassifiedAsNoncurrent_3">Deferred income - non-current - restated</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeClassifiedAsNoncurrent" xlink:to="label_DeferredIncomeClassifiedAsNoncurrent_3" xlink:title="label: DeferredIncomeClassifiedAsNoncurrent to label_DeferredIncomeClassifiedAsNoncurrent"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_EquityAttributableToOwnersOfParent">Equity attributable to the owners of the 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EquityAttributableToOwnersOfParent" xml:lang="en-US" id="label_EquityAttributableToOwnersOfParent_2">Equity attributable to the owners of the 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_2" xlink:title="label: EquityAttributableToOwnersOfParent to label_EquityAttributableToOwnersOfParent"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_NoncontrollingInterests">Non-controlling interest</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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NoncurrentLiabilities" xml:lang="en-US" id="label_NoncurrentLiabilities_2">Total 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_2" xlink:title="label: NoncurrentLiabilities to label_NoncurrentLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentLiabilities_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_NoncurrentLiabilities" xml:lang="en-US" id="label_NoncurrentLiabilities_3">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_3" xlink:title="label: NoncurrentLiabilities to label_NoncurrentLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="CurrentLiabilitiesAbstract" xlink:title="CurrentLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentLiabilitiesAbstract" xml:lang="en-US" id="label_CurrentLiabilitiesAbstract">Current liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLiabilitiesAbstract" xlink:to="label_CurrentLiabilitiesAbstract" xlink:title="label: CurrentLiabilitiesAbstract to label_CurrentLiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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/terseLabel" xlink:title="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xml:lang="en-US" id="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings">Loans and 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_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xml:lang="en-US" id="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_2">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_2" xlink:title="label: CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings to label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xml:lang="en-US" id="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_3">current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_3" xlink:title="label: CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings to label_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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/terseLabel" xlink:title="label_TradeAndOtherCurrentPayablesToTradeSuppliers" xml:lang="en-US" id="label_TradeAndOtherCurrentPayablesToTradeSuppliers">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_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherCurrentPayablesToTradeSuppliers" xml:lang="en-US" id="label_TradeAndOtherCurrentPayablesToTradeSuppliers_2">Trade and other current payables to trade suppliers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="label_TradeAndOtherCurrentPayablesToTradeSuppliers_2" xlink:title="label: TradeAndOtherCurrentPayablesToTradeSuppliers to label_TradeAndOtherCurrentPayablesToTradeSuppliers"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_CurrentTaxLiabilitiesCurrent">Tax payables</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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredIncomeClassifiedAsCurrent" xlink:label="DeferredIncomeClassifiedAsCurrent" xlink:title="DeferredIncomeClassifiedAsCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeClassifiedAsCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncomeClassifiedAsCurrent" xml:lang="en-US" id="label_DeferredIncomeClassifiedAsCurrent">Deferred income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeClassifiedAsCurrent" xlink:to="label_DeferredIncomeClassifiedAsCurrent" xlink:title="label: DeferredIncomeClassifiedAsCurrent to label_DeferredIncomeClassifiedAsCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeClassifiedAsCurrent_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DeferredIncomeClassifiedAsCurrent" xml:lang="en-US" id="label_DeferredIncomeClassifiedAsCurrent_2">Deferred income - current - restated</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeClassifiedAsCurrent" xlink:to="label_DeferredIncomeClassifiedAsCurrent_2" xlink:title="label: DeferredIncomeClassifiedAsCurrent to label_DeferredIncomeClassifiedAsCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeClassifiedAsCurrent_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeClassifiedAsCurrent" xml:lang="en-US" id="label_DeferredIncomeClassifiedAsCurrent_3">Deferred income classified as current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeClassifiedAsCurrent" xlink:to="label_DeferredIncomeClassifiedAsCurrent_3" xlink:title="label: DeferredIncomeClassifiedAsCurrent to label_DeferredIncomeClassifiedAsCurrent"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherCurrentLiabilities" xml:lang="en-US" id="label_OtherCurrentLiabilities_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilities" xlink:to="label_OtherCurrentLiabilities_2" xlink:title="label: OtherCurrentLiabilities to label_OtherCurrentLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CurrentLiabilities" xml:lang="en-US" id="label_CurrentLiabilities_2">Total 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_2" xlink:title="label: CurrentLiabilities to label_CurrentLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentLiabilities_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CurrentLiabilities" xml:lang="en-US" id="label_CurrentLiabilities_3">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_3" xlink:title="label: CurrentLiabilities to label_CurrentLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EquityAndLiabilities" xml:lang="en-US" id="label_EquityAndLiabilities_2">Total 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_2" xlink:title="label: EquityAndLiabilities to label_EquityAndLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_IncomeStatementAbstract">Consolidated income statements</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/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Revenue" xlink:label="Revenue" xlink:title="Revenue"/>
    <link:label xlink:type="resource" xlink:label="label_Revenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Revenue" xml:lang="en-US" id="label_Revenue">Revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenue" xlink:to="label_Revenue" xlink:title="label: Revenue to label_Revenue"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CostOfSales" xlink:label="CostOfSales" xlink:title="CostOfSales"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CostOfSales" xml:lang="en-US" id="label_CostOfSales">Cost of sales</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSales" xlink:to="label_CostOfSales" xlink:title="label: CostOfSales to label_CostOfSales"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfSales_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CostOfSales" xml:lang="en-US" id="label_CostOfSales_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSales" xlink:to="label_CostOfSales_2" xlink:title="label: CostOfSales to label_CostOfSales"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfSales_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CostOfSales" xml:lang="en-US" id="label_CostOfSales_3">Cost of sales</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSales" xlink:to="label_CostOfSales_3" xlink:title="label: CostOfSales to label_CostOfSales"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfSales_4" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_CostOfSales" xml:lang="en-US" id="label_CostOfSales_4">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSales" xlink:to="label_CostOfSales_4" xlink:title="label: CostOfSales to label_CostOfSales"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GrossProfit" xlink:label="GrossProfit" xlink:title="GrossProfit"/>
    <link:label xlink:type="resource" xlink:label="label_GrossProfit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrossProfit" xml:lang="en-US" id="label_GrossProfit">Gross profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossProfit" xlink:to="label_GrossProfit" xlink:title="label: GrossProfit to label_GrossProfit"/>
    <link:label xlink:type="resource" xlink:label="label_GrossProfit_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_GrossProfit" xml:lang="en-US" id="label_GrossProfit_2">Gross profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossProfit" xlink:to="label_GrossProfit_2" xlink:title="label: GrossProfit to label_GrossProfit"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ResearchAndDevelopmentExpense" xlink:label="ResearchAndDevelopmentExpense" xlink:title="ResearchAndDevelopmentExpense"/>
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResearchAndDevelopmentExpense" xml:lang="en-US" id="label_ResearchAndDevelopmentExpense">Research and development expenses</link:label>
    <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"/>
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpense_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ResearchAndDevelopmentExpense" xml:lang="en-US" id="label_ResearchAndDevelopmentExpense_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpense" xlink:to="label_ResearchAndDevelopmentExpense_2" xlink:title="label: ResearchAndDevelopmentExpense to label_ResearchAndDevelopmentExpense"/>
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpense_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ResearchAndDevelopmentExpense" xml:lang="en-US" id="label_ResearchAndDevelopmentExpense_3">Research and development expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpense" xlink:to="label_ResearchAndDevelopmentExpense_3" xlink:title="label: ResearchAndDevelopmentExpense to label_ResearchAndDevelopmentExpense"/>
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpense_4" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_ResearchAndDevelopmentExpense" xml:lang="en-US" id="label_ResearchAndDevelopmentExpense_4">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpense" xlink:to="label_ResearchAndDevelopmentExpense_4" xlink:title="label: ResearchAndDevelopmentExpense to label_ResearchAndDevelopmentExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="SalesAndMarketingExpense" xlink:title="SalesAndMarketingExpense"/>
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SalesAndMarketingExpense" xml:lang="en-US" id="label_SalesAndMarketingExpense">Sales and marketing expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpense" xlink:to="label_SalesAndMarketingExpense" xlink:title="label: SalesAndMarketingExpense to label_SalesAndMarketingExpense"/>
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpense_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_SalesAndMarketingExpense" xml:lang="en-US" id="label_SalesAndMarketingExpense_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpense" xlink:to="label_SalesAndMarketingExpense_2" xlink:title="label: SalesAndMarketingExpense to label_SalesAndMarketingExpense"/>
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpense_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_SalesAndMarketingExpense" xml:lang="en-US" id="label_SalesAndMarketingExpense_3">Sales and marketing expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpense" xlink:to="label_SalesAndMarketingExpense_3" xlink:title="label: SalesAndMarketingExpense to label_SalesAndMarketingExpense"/>
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpense_4" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_SalesAndMarketingExpense" xml:lang="en-US" id="label_SalesAndMarketingExpense_4">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpense" xlink:to="label_SalesAndMarketingExpense_4" xlink:title="label: SalesAndMarketingExpense to label_SalesAndMarketingExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_AdministrativeExpense">General and 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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_AdministrativeExpense" xml:lang="en-US" id="label_AdministrativeExpense_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeExpense" xlink:to="label_AdministrativeExpense_2" xlink:title="label: AdministrativeExpense to label_AdministrativeExpense"/>
    <link:label xlink:type="resource" xlink:label="label_AdministrativeExpense_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AdministrativeExpense" xml:lang="en-US" id="label_AdministrativeExpense_3">General and 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_3" xlink:title="label: AdministrativeExpense to label_AdministrativeExpense"/>
    <link:label xlink:type="resource" xlink:label="label_AdministrativeExpense_4" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_AdministrativeExpense" xml:lang="en-US" id="label_AdministrativeExpense_4">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeExpense" xlink:to="label_AdministrativeExpense_4" xlink:title="label: AdministrativeExpense to label_AdministrativeExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherGainsLosses" xlink:label="OtherGainsLosses" xlink:title="OtherGainsLosses"/>
    <link:label xlink:type="resource" xlink:label="label_OtherGainsLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherGainsLosses" xml:lang="en-US" id="label_OtherGainsLosses">Net other operating income / (expenses)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherGainsLosses" xlink:to="label_OtherGainsLosses" xlink:title="label: OtherGainsLosses to label_OtherGainsLosses"/>
    <link:label xlink:type="resource" xlink:label="label_OtherGainsLosses_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherGainsLosses" xml:lang="en-US" id="label_OtherGainsLosses_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherGainsLosses" xlink:to="label_OtherGainsLosses_2" xlink:title="label: OtherGainsLosses to label_OtherGainsLosses"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_ProfitLossFromOperatingActivities">Operating (loss) profit</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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProfitLossFromOperatingActivities" xml:lang="en-US" id="label_ProfitLossFromOperatingActivities_2">Operating (loss) profit</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"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceCosts" xlink:label="FinanceCosts" xlink:title="FinanceCosts"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceCosts" xml:lang="en-US" id="label_FinanceCosts">Financial expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceCosts" xlink:to="label_FinanceCosts" xlink:title="label: FinanceCosts to label_FinanceCosts"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceCosts_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FinanceCosts" xml:lang="en-US" id="label_FinanceCosts_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceCosts" xlink:to="label_FinanceCosts_2" xlink:title="label: FinanceCosts to label_FinanceCosts"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceCosts_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_FinanceCosts" xml:lang="en-US" id="label_FinanceCosts_3">Financial expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceCosts" xlink:to="label_FinanceCosts_3" xlink:title="label: FinanceCosts to label_FinanceCosts"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceCosts_4" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_FinanceCosts" xml:lang="en-US" id="label_FinanceCosts_4">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceCosts" xlink:to="label_FinanceCosts_4" xlink:title="label: FinanceCosts to label_FinanceCosts"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceIncome" xlink:label="FinanceIncome" xlink:title="FinanceIncome"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceIncome" xml:lang="en-US" id="label_FinanceIncome">Financial income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncome" xlink:to="label_FinanceIncome" xlink:title="label: FinanceIncome to label_FinanceIncome"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceIncome_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FinanceIncome" xml:lang="en-US" id="label_FinanceIncome_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncome" xlink:to="label_FinanceIncome_2" xlink:title="label: FinanceIncome to label_FinanceIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:title="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">Share in loss of joint venture</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:title="label: ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_2">Share in loss of a joint venture (equity method)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_2" xlink:title="label: ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:label xlink:type="resource" xlink:label="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xml:lang="en-US" id="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3">Share in loss of a joint venture (equity method)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3" xlink:title="label: ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod to label_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ProfitLossBeforeTax" xlink:title="ProfitLossBeforeTax"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossBeforeTax" xml:lang="en-US" id="label_ProfitLossBeforeTax">(Loss) profit before taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossBeforeTax" xlink:to="label_ProfitLossBeforeTax" xlink:title="label: ProfitLossBeforeTax to label_ProfitLossBeforeTax"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossBeforeTax_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProfitLossBeforeTax" xml:lang="en-US" id="label_ProfitLossBeforeTax_2">(Loss) profit before taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossBeforeTax" xlink:to="label_ProfitLossBeforeTax_2" xlink:title="label: ProfitLossBeforeTax to label_ProfitLossBeforeTax"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="IncomeTaxExpenseContinuingOperations" xlink:title="IncomeTaxExpenseContinuingOperations"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeTaxExpenseContinuingOperations" xml:lang="en-US" id="label_IncomeTaxExpenseContinuingOperations">Total tax expense (income)</link:label>
    <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_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_IncomeTaxExpenseContinuingOperations" xml:lang="en-US" id="label_IncomeTaxExpenseContinuingOperations_2">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_2" xlink:title="label: IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxExpenseContinuingOperations_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_IncomeTaxExpenseContinuingOperations" xml:lang="en-US" id="label_IncomeTaxExpenseContinuingOperations_3">Total tax income (loss) for the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations_3" xlink:title="label: IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxExpenseContinuingOperations_4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncomeTaxExpenseContinuingOperations" xml:lang="en-US" id="label_IncomeTaxExpenseContinuingOperations_4">Income tax expense as reported in the consolidated income statement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="label_IncomeTaxExpenseContinuingOperations_4" xlink:title="label: IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxExpenseContinuingOperations_5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_IncomeTaxExpenseContinuingOperations" xml:lang="en-US" id="label_IncomeTaxExpenseContinuingOperations_5">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_5" xlink:title="label: IncomeTaxExpenseContinuingOperations to label_IncomeTaxExpenseContinuingOperations"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="ProfitLoss" xlink:title="ProfitLoss"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLoss" xml:lang="en-US" id="label_ProfitLoss">Net loss for the year</link:label>
    <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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ProfitLoss" xml:lang="en-US" id="label_ProfitLoss_2">Net (loss) profit of the year</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"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProfitLoss" xml:lang="en-US" id="label_ProfitLoss_3">Net (loss) profit of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss_3" xlink:title="label: ProfitLoss to label_ProfitLoss"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLoss_4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLoss" xml:lang="en-US" id="label_ProfitLoss_4">Profit (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="label_ProfitLoss_4" xlink:title="label: ProfitLoss to label_ProfitLoss"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">Exchange differences on translation of foreign operations</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/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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/terseLabel" xlink:title="label_OtherComprehensiveIncome" xml:lang="en-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherComprehensiveIncome" xml:lang="en-US" id="label_OtherComprehensiveIncome_2">Other comprehensive (loss) income, net of taxes</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"/>
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncome_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherComprehensiveIncome" xml:lang="en-US" id="label_OtherComprehensiveIncome_3">Other comprehensive (loss) income, net of taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncome" xlink:to="label_OtherComprehensiveIncome_3" xlink:title="label: OtherComprehensiveIncome to label_OtherComprehensiveIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_ComprehensiveIncome">Total comprehensive income (loss)</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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_ComprehensiveIncome" xml:lang="en-US" id="label_ComprehensiveIncome_2">Total comprehensive income (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="label_ComprehensiveIncome_2" xlink:title="label: ComprehensiveIncome to label_ComprehensiveIncome"/>
    <link:label xlink:type="resource" xlink:label="label_ComprehensiveIncome_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ComprehensiveIncome" xml:lang="en-US" id="label_ComprehensiveIncome_3">Total comprehensive (loss) income of the year, net of taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="label_ComprehensiveIncome_3" xlink:title="label: ComprehensiveIncome to label_ComprehensiveIncome"/>
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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_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ComprehensiveIncomeAttributableToOwnersOfParent" xml:lang="en-US" id="label_ComprehensiveIncomeAttributableToOwnersOfParent_2">The owners of the parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="label_ComprehensiveIncomeAttributableToOwnersOfParent_2" xlink:title="label: ComprehensiveIncomeAttributableToOwnersOfParent to label_ComprehensiveIncomeAttributableToOwnersOfParent"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:title="ComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ComprehensiveIncomeAttributableToNoncontrollingInterests" xml:lang="en-US" id="label_ComprehensiveIncomeAttributableToNoncontrollingInterests_2">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="label_ComprehensiveIncomeAttributableToNoncontrollingInterests_2" xlink:title="label: ComprehensiveIncomeAttributableToNoncontrollingInterests to label_ComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_ComprehensiveIncomeAttributableToAbstract">Total comprehensive (loss) income 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" xlink:title="label: ComprehensiveIncomeAttributableToAbstract to label_ComprehensiveIncomeAttributableToAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToAbstract" xlink:label="ProfitLossAttributableToAbstract" xlink:title="ProfitLossAttributableToAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossAttributableToAbstract" xml:lang="en-US" id="label_ProfitLossAttributableToAbstract">Net (loss) profit attributable to:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToAbstract" xlink:to="label_ProfitLossAttributableToAbstract" xlink:title="label: ProfitLossAttributableToAbstract to label_ProfitLossAttributableToAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ProfitLossAttributableToOwnersOfParent" xlink:title="ProfitLossAttributableToOwnersOfParent"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossAttributableToOwnersOfParent" xml:lang="en-US" id="label_ProfitLossAttributableToOwnersOfParent">The owners of the parent</link:label>
    <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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ProfitLossAttributableToNoncontrollingInterests" xlink:title="ProfitLossAttributableToNoncontrollingInterests"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossAttributableToNoncontrollingInterests" xml:lang="en-US" id="label_ProfitLossAttributableToNoncontrollingInterests">Profit (loss) attributable to non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToNoncontrollingInterests" xlink:to="label_ProfitLossAttributableToNoncontrollingInterests" xlink:title="label: ProfitLossAttributableToNoncontrollingInterests to label_ProfitLossAttributableToNoncontrollingInterests"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossAttributableToNoncontrollingInterests_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossAttributableToNoncontrollingInterests" xml:lang="en-US" id="label_ProfitLossAttributableToNoncontrollingInterests_2">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToNoncontrollingInterests" xlink:to="label_ProfitLossAttributableToNoncontrollingInterests_2" xlink:title="label: ProfitLossAttributableToNoncontrollingInterests to label_ProfitLossAttributableToNoncontrollingInterests"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BasicAndDilutedEarningsPerShareAbstract" xlink:label="BasicAndDilutedEarningsPerShareAbstract" xlink:title="BasicAndDilutedEarningsPerShareAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_BasicAndDilutedEarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BasicAndDilutedEarningsPerShareAbstract" xml:lang="en-US" id="label_BasicAndDilutedEarningsPerShareAbstract">Earnings per share attributable to the owners of the parent [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasicAndDilutedEarningsPerShareAbstract" xlink:to="label_BasicAndDilutedEarningsPerShareAbstract" xlink:title="label: BasicAndDilutedEarningsPerShareAbstract to label_BasicAndDilutedEarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="BasicEarningsLossPerShare" xlink:title="BasicEarningsLossPerShare"/>
    <link:label xlink:type="resource" xlink:label="label_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BasicEarningsLossPerShare" xml:lang="en-US" id="label_BasicEarningsLossPerShare">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" xlink:title="label: BasicEarningsLossPerShare to label_BasicEarningsLossPerShare"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_DilutedEarningsLossPerShare">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" xlink:title="label: DilutedEarningsLossPerShare to label_DilutedEarningsLossPerShare"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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="mtls-20181231.xsd#mtls_TransferShareCapitalToSharePremium" xlink:label="TransferShareCapitalToSharePremium" xlink:title="TransferShareCapitalToSharePremium"/>
    <link:label xlink:type="resource" xlink:label="label_TransferShareCapitalToSharePremium" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TransferShareCapitalToSharePremium" xml:lang="en-US" id="label_TransferShareCapitalToSharePremium">Tranfer share capital to share premium - correction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferShareCapitalToSharePremium" xlink:to="label_TransferShareCapitalToSharePremium" xlink:title="label: TransferShareCapitalToSharePremium to label_TransferShareCapitalToSharePremium"/>
    <link:label xlink:type="resource" xlink:label="label_TransferShareCapitalToSharePremium_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TransferShareCapitalToSharePremium" xml:lang="en-US" id="label_TransferShareCapitalToSharePremium_2">Transfer share capital to share premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferShareCapitalToSharePremium" xlink:to="label_TransferShareCapitalToSharePremium_2" xlink:title="label: TransferShareCapitalToSharePremium to label_TransferShareCapitalToSharePremium"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners" xlink:label="IncreaseDecreaseThroughOtherContributionsByOwners" xlink:title="IncreaseDecreaseThroughOtherContributionsByOwners"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughOtherContributionsByOwners" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughOtherContributionsByOwners" xml:lang="en-US" id="label_IncreaseDecreaseThroughOtherContributionsByOwners">Capital increase in cash - public offering</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherContributionsByOwners" xlink:to="label_IncreaseDecreaseThroughOtherContributionsByOwners" xlink:title="label: IncreaseDecreaseThroughOtherContributionsByOwners to label_IncreaseDecreaseThroughOtherContributionsByOwners"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_IssueOfEquity">Capital increase initial public offering</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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:label="IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:title="IncreaseDecreaseThroughExerciseOfWarrantsEquity"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xml:lang="en-US" id="label_IncreaseDecreaseThroughExerciseOfWarrantsEquity">Capital increase through excercise of warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:to="label_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:title="label: IncreaseDecreaseThroughExerciseOfWarrantsEquity to label_IncreaseDecreaseThroughExerciseOfWarrantsEquity"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:label="IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:title="IncreaseDecreaseThroughAcquisitionOfSubsidiary"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xml:lang="en-US" id="label_IncreaseDecreaseThroughAcquisitionOfSubsidiary">Acquisition NCI Mobelife</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:to="label_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:title="label: IncreaseDecreaseThroughAcquisitionOfSubsidiary to label_IncreaseDecreaseThroughAcquisitionOfSubsidiary"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShareIssueRelatedCost" xlink:label="ShareIssueRelatedCost" xlink:title="ShareIssueRelatedCost"/>
    <link:label xlink:type="resource" xlink:label="label_ShareIssueRelatedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareIssueRelatedCost" xml:lang="en-US" id="label_ShareIssueRelatedCost">Expenses directly attributable to public offering</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareIssueRelatedCost" xlink:to="label_ShareIssueRelatedCost" xlink:title="label: ShareIssueRelatedCost to label_ShareIssueRelatedCost"/>
    <link:label xlink:type="resource" xlink:label="label_ShareIssueRelatedCost_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShareIssueRelatedCost" xml:lang="en-US" id="label_ShareIssueRelatedCost_2">Costs from capital increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareIssueRelatedCost" xlink:to="label_ShareIssueRelatedCost_2" xlink:title="label: ShareIssueRelatedCost to label_ShareIssueRelatedCost"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:label="IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:title="IncreaseDecreaseThroughChangeInEquityOfSubsidiaries"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xml:lang="en-US" id="label_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries">Capital increase Rapidfit+</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:to="label_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:title="label: IncreaseDecreaseThroughChangeInEquityOfSubsidiaries to label_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests" xlink:label="IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests" xlink:title="IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests" xml:lang="en-US" id="label_IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests">Written put option on NCI</link:label>
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    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests" xml:lang="en-US" id="label_IncreaseDecreaseInEstimatedRedemptionAmountOnWrittenPutOptionOnNoncontrollingInterests_2">Increase (decrease) in estimated redemption amount on written put option on non-controlling interests</link:label>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants" xlink:label="IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants" xlink:title="IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants" xml:lang="en-US" id="label_IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants">Capital increase Mobelife through exercise of warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants" xlink:to="label_IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants" xlink:title="label: IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants to label_IncreaseDecreaseInEquityOfSubsidiaryThroughExerciseOfWarrants"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_IncreaseDecreaseThroughSharebasedPaymentTransactions">Equity-settled share-based payment expense</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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_StatementOfCashFlowsAbstract">Consolidated cash flow statements</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="mtls-20181231.xsd#mtls_BasisOfPreperation" xlink:label="newItemBasisOfPreperation" xlink:title="newItemBasisOfPreperation"/>
    <link:label xlink:type="resource" xlink:label="label_newItemBasisOfPreperation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItemBasisOfPreperation" xml:lang="en-US" id="label_newItemBasisOfPreperation">Basis of preparation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="newItemBasisOfPreperation" xlink:to="label_newItemBasisOfPreperation" xlink:title="label: newItemBasisOfPreperation to label_newItemBasisOfPreperation"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_CashFlowsFromUsedInOperatingActivitiesAbstract">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" xlink:title="label: CashFlowsFromUsedInOperatingActivitiesAbstract to label_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:label="CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:title="CashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInInvestingActivitiesAbstract" xml:lang="en-US" id="label_CashFlowsFromUsedInInvestingActivitiesAbstract">Investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:title="label: CashFlowsFromUsedInInvestingActivitiesAbstract to label_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDepreciationExpense" xlink:label="AdjustmentsForDepreciationExpense" xlink:title="AdjustmentsForDepreciationExpense"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDepreciationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDepreciationExpense" xml:lang="en-US" id="label_AdjustmentsForDepreciationExpense">Depreciation of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDepreciationExpense" xlink:to="label_AdjustmentsForDepreciationExpense" xlink:title="label: AdjustmentsForDepreciationExpense to label_AdjustmentsForDepreciationExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForAmortisationExpense" xlink:label="AdjustmentsForAmortisationExpense" xlink:title="AdjustmentsForAmortisationExpense"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForAmortisationExpense" xml:lang="en-US" id="label_AdjustmentsForAmortisationExpense">Amortization of intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForAmortisationExpense" xlink:to="label_AdjustmentsForAmortisationExpense" xlink:title="label: AdjustmentsForAmortisationExpense to label_AdjustmentsForAmortisationExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:label="AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xml:lang="en-US" id="label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill">Impairment of goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="label: AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill to label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xml:lang="en-US" id="label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_2">Impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_2" xlink:title="label: AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill to label_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForSharebasedPayments" xlink:label="AdjustmentsForSharebasedPayments" xlink:title="AdjustmentsForSharebasedPayments"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForSharebasedPayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForSharebasedPayments" xml:lang="en-US" id="label_AdjustmentsForSharebasedPayments">Share-based payment expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSharebasedPayments" xlink:to="label_AdjustmentsForSharebasedPayments" xlink:title="label: AdjustmentsForSharebasedPayments to label_AdjustmentsForSharebasedPayments"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:label="AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:title="AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xml:lang="en-US" id="label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment">Loss (gain) on disposal of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:title="label: AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment to label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xml:lang="en-US" id="label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_2">Loss (gain) on disposal of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_2" xlink:title="label: AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment to label_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AdjustmentsForGovernmentGrants" xlink:label="AdjustmentsForGovernmentGrants" xlink:title="AdjustmentsForGovernmentGrants"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForGovernmentGrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForGovernmentGrants" xml:lang="en-US" id="label_AdjustmentsForGovernmentGrants">Government grants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForGovernmentGrants" xlink:to="label_AdjustmentsForGovernmentGrants" xlink:title="label: AdjustmentsForGovernmentGrants to label_AdjustmentsForGovernmentGrants"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_AdjustmentsForProvisions">Movement in 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/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceIncomeReceivedClassifiedAsOperatingActivities" xlink:label="FinanceIncomeReceivedClassifiedAsOperatingActivities" xlink:title="FinanceIncomeReceivedClassifiedAsOperatingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceIncomeReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinanceIncomeReceivedClassifiedAsOperatingActivities" xml:lang="en-US" id="label_FinanceIncomeReceivedClassifiedAsOperatingActivities">Financial income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncomeReceivedClassifiedAsOperatingActivities" xlink:to="label_FinanceIncomeReceivedClassifiedAsOperatingActivities" xlink:title="label: FinanceIncomeReceivedClassifiedAsOperatingActivities to label_FinanceIncomeReceivedClassifiedAsOperatingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceIncomeReceivedClassifiedAsOperatingActivities_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceIncomeReceivedClassifiedAsOperatingActivities" xml:lang="en-US" id="label_FinanceIncomeReceivedClassifiedAsOperatingActivities_2">Finance income received, classified as operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncomeReceivedClassifiedAsOperatingActivities" xlink:to="label_FinanceIncomeReceivedClassifiedAsOperatingActivities_2" xlink:title="label: FinanceIncomeReceivedClassifiedAsOperatingActivities to label_FinanceIncomeReceivedClassifiedAsOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceCostsPaidClassifiedAsOperatingActivities" xlink:label="FinanceCostsPaidClassifiedAsOperatingActivities" xlink:title="FinanceCostsPaidClassifiedAsOperatingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceCostsPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceCostsPaidClassifiedAsOperatingActivities" xml:lang="en-US" id="label_FinanceCostsPaidClassifiedAsOperatingActivities">Financial expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceCostsPaidClassifiedAsOperatingActivities" xlink:to="label_FinanceCostsPaidClassifiedAsOperatingActivities" xlink:title="label: FinanceCostsPaidClassifiedAsOperatingActivities to label_FinanceCostsPaidClassifiedAsOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:label="AdjustmentsForDeferredTaxExpense" xlink:title="AdjustmentsForDeferredTaxExpense"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDeferredTaxExpense" xml:lang="en-US" id="label_AdjustmentsForDeferredTaxExpense">Deferred tax expense (income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDeferredTaxExpense" xlink:to="label_AdjustmentsForDeferredTaxExpense" xlink:title="label: AdjustmentsForDeferredTaxExpense to label_AdjustmentsForDeferredTaxExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:label="IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:title="IncomeTaxesPaidClassifiedAsOperatingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeTaxesPaidClassifiedAsOperatingActivities" xml:lang="en-US" id="label_IncomeTaxesPaidClassifiedAsOperatingActivities">Income taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:to="label_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:title="label: IncomeTaxesPaidClassifiedAsOperatingActivities to label_IncomeTaxesPaidClassifiedAsOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherAdjustmentsForNoncashItems" xml:lang="en-US" id="label_OtherAdjustmentsForNoncashItems_2">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAdjustmentsForNoncashItems" xlink:to="label_OtherAdjustmentsForNoncashItems_2" xlink:title="label: OtherAdjustmentsForNoncashItems to label_OtherAdjustmentsForNoncashItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:label="AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:title="AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xml:lang="en-US" id="label_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables">Increase in trade receivables and other receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:to="label_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:title="label: AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables to label_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="AdjustmentsForDecreaseIncreaseInInventories" xlink:title="AdjustmentsForDecreaseIncreaseInInventories"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDecreaseIncreaseInInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDecreaseIncreaseInInventories" xml:lang="en-US" id="label_AdjustmentsForDecreaseIncreaseInInventories">Decrease (increase) in inventories</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInInventories" xlink:to="label_AdjustmentsForDecreaseIncreaseInInventories" xlink:title="label: AdjustmentsForDecreaseIncreaseInInventories to label_AdjustmentsForDecreaseIncreaseInInventories"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities">Income tax paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:title="label: IncomeTaxesPaidRefundClassifiedAsOperatingActivities to label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xml:lang="en-US" id="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_2">Income tax paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_2" xlink:title="label: IncomeTaxesPaidRefundClassifiedAsOperatingActivities to label_IncomeTaxesPaidRefundClassifiedAsOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="CashFlowsFromUsedInOperatingActivities" xlink:title="CashFlowsFromUsedInOperatingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInOperatingActivities" xml:lang="en-US" id="label_CashFlowsFromUsedInOperatingActivities">Net cash flow from operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivities" xlink:to="label_CashFlowsFromUsedInOperatingActivities" xlink:title="label: CashFlowsFromUsedInOperatingActivities to label_CashFlowsFromUsedInOperatingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInOperatingActivities_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CashFlowsFromUsedInOperatingActivities" xml:lang="en-US" id="label_CashFlowsFromUsedInOperatingActivities_2">Net cash flow from operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivities" xlink:to="label_CashFlowsFromUsedInOperatingActivities_2" xlink:title="label: CashFlowsFromUsedInOperatingActivities to label_CashFlowsFromUsedInOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">Purchase of property, plant and equipment</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"/>
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US" id="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2">Purchase of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2" xlink:title="label: PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to label_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities">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" xlink:title="label: PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities to label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xml:lang="en-US" id="label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_2">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_2" xlink:title="label: PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities to label_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US" id="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">Proceeds from the sale of property, plant and equipment (net)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="label: ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to label_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:label="OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:title="OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xml:lang="en-US" id="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities">Investments in joint-ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:to="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:title="label: OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities to label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xml:lang="en-US" id="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_2">Investments in joint-ventures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities" xlink:to="label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities_2" xlink:title="label: OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities to label_OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:label="InterestReceivedClassifiedAsInvestingActivities" xlink:title="InterestReceivedClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_InterestReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestReceivedClassifiedAsInvestingActivities" xml:lang="en-US" id="label_InterestReceivedClassifiedAsInvestingActivities">Interest received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestReceivedClassifiedAsInvestingActivities" xlink:to="label_InterestReceivedClassifiedAsInvestingActivities" xlink:title="label: InterestReceivedClassifiedAsInvestingActivities to label_InterestReceivedClassifiedAsInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="CashFlowsFromUsedInInvestingActivities" xlink:title="CashFlowsFromUsedInInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInInvestingActivities" xml:lang="en-US" id="label_CashFlowsFromUsedInInvestingActivities">Net cash flow used in investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivities" xlink:to="label_CashFlowsFromUsedInInvestingActivities" xlink:title="label: CashFlowsFromUsedInInvestingActivities to label_CashFlowsFromUsedInInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInInvestingActivities_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_CashFlowsFromUsedInInvestingActivities" xml:lang="en-US" id="label_CashFlowsFromUsedInInvestingActivities_2">Net cash flow used in investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivities" xlink:to="label_CashFlowsFromUsedInInvestingActivities_2" xlink:title="label: CashFlowsFromUsedInInvestingActivities to label_CashFlowsFromUsedInInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:label="CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:title="CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashFlowsFromUsedInFinancingActivitiesAbstract" xml:lang="en-US" id="label_CashFlowsFromUsedInFinancingActivitiesAbstract">Financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="label_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:title="label: CashFlowsFromUsedInFinancingActivitiesAbstract to label_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:title="ProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xml:lang="en-US" id="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities">Proceeds from loans and borrowings and convertible debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:title="label: ProceedsFromBorrowingsClassifiedAsFinancingActivities to label_ProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xml:lang="en-US" id="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2">Proceeds from loans and borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="label_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2" xlink:title="label: ProceedsFromBorrowingsClassifiedAsFinancingActivities to label_ProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:title="RepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xml:lang="en-US" id="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">Repayment of loans and borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:title="label: RepaymentsOfBorrowingsClassifiedAsFinancingActivities to label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xml:lang="en-US" id="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2">Repayment of loans and borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2" xlink:title="label: RepaymentsOfBorrowingsClassifiedAsFinancingActivities to label_RepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:title="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xml:lang="en-US" id="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities">Repayment of finance leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:title="label: PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities to label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xml:lang="en-US" id="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2">Repayment of finance leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_2" xlink:title="label: PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities to label_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ProceedsFromExcerciseOfWarrants" xlink:label="ProceedsFromExcerciseOfWarrants" xlink:title="ProceedsFromExcerciseOfWarrants"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromExcerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromExcerciseOfWarrants" xml:lang="en-US" id="label_ProceedsFromExcerciseOfWarrants">Proceeds from the exercise of warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromExcerciseOfWarrants" xlink:to="label_ProceedsFromExcerciseOfWarrants" xlink:title="label: ProceedsFromExcerciseOfWarrants to label_ProceedsFromExcerciseOfWarrants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests" xlink:label="ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests" xlink:title="ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests" xml:lang="en-US" id="label_ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests">Capital increase in subsidiary by non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests" xlink:to="label_ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests" xlink:title="label: ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests to label_ProceedsFromContributionsByCapitalIncreaseOfNonControllingInterests"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PaymentsForPurchaseOfNonControllingInterest" xlink:label="PaymentsForPurchaseOfNonControllingInterest" xlink:title="PaymentsForPurchaseOfNonControllingInterest"/>
    <link:label xlink:type="resource" xlink:label="label_PaymentsForPurchaseOfNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PaymentsForPurchaseOfNonControllingInterest" xml:lang="en-US" id="label_PaymentsForPurchaseOfNonControllingInterest">Purchase of non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsForPurchaseOfNonControllingInterest" xlink:to="label_PaymentsForPurchaseOfNonControllingInterest" xlink:title="label: PaymentsForPurchaseOfNonControllingInterest to label_PaymentsForPurchaseOfNonControllingInterest"/>
    <link:label xlink:type="resource" xlink:label="label_PaymentsForPurchaseOfNonControllingInterest_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PaymentsForPurchaseOfNonControllingInterest" xml:lang="en-US" id="label_PaymentsForPurchaseOfNonControllingInterest_2">Purchase of non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsForPurchaseOfNonControllingInterest" xlink:to="label_PaymentsForPurchaseOfNonControllingInterest_2" xlink:title="label: PaymentsForPurchaseOfNonControllingInterest to label_PaymentsForPurchaseOfNonControllingInterest"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:label="ProceedsFromContributionsOfNoncontrollingInterests" xlink:title="ProceedsFromContributionsOfNoncontrollingInterests"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromContributionsOfNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromContributionsOfNoncontrollingInterests" xml:lang="en-US" id="label_ProceedsFromContributionsOfNoncontrollingInterests">Contribution unpaid capital non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromContributionsOfNoncontrollingInterests" xlink:to="label_ProceedsFromContributionsOfNoncontrollingInterests" xlink:title="label: ProceedsFromContributionsOfNoncontrollingInterests to label_ProceedsFromContributionsOfNoncontrollingInterests"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromIssuingShares" xlink:label="ProceedsFromIssuingShares" xlink:title="ProceedsFromIssuingShares"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromIssuingShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromIssuingShares" xml:lang="en-US" id="label_ProceedsFromIssuingShares">Capital increase in parent company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuingShares" xlink:to="label_ProceedsFromIssuingShares" xlink:title="label: ProceedsFromIssuingShares to label_ProceedsFromIssuingShares"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PaymentsForShareIssueCosts" xlink:label="PaymentsForShareIssueCosts" xlink:title="PaymentsForShareIssueCosts"/>
    <link:label xlink:type="resource" xlink:label="label_PaymentsForShareIssueCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PaymentsForShareIssueCosts" xml:lang="en-US" id="label_PaymentsForShareIssueCosts">Direct attributable expense capital increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsForShareIssueCosts" xlink:to="label_PaymentsForShareIssueCosts" xlink:title="label: PaymentsForShareIssueCosts to label_PaymentsForShareIssueCosts"/>
    <link:label xlink:type="resource" xlink:label="label_PaymentsForShareIssueCosts_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PaymentsForShareIssueCosts" xml:lang="en-US" id="label_PaymentsForShareIssueCosts_2">Direct attributable expense capital increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsForShareIssueCosts" xlink:to="label_PaymentsForShareIssueCosts_2" xlink:title="label: PaymentsForShareIssueCosts to label_PaymentsForShareIssueCosts"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:label="InterestPaidClassifiedAsFinancingActivities" xlink:title="InterestPaidClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_InterestPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestPaidClassifiedAsFinancingActivities" xml:lang="en-US" id="label_InterestPaidClassifiedAsFinancingActivities">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" xlink:title="label: InterestPaidClassifiedAsFinancingActivities to label_InterestPaidClassifiedAsFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_InterestPaidClassifiedAsFinancingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestPaidClassifiedAsFinancingActivities" xml:lang="en-US" id="label_InterestPaidClassifiedAsFinancingActivities_2">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_2" xlink:title="label: InterestPaidClassifiedAsFinancingActivities to label_InterestPaidClassifiedAsFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:label="OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:title="OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:title="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xml:lang="en-US" id="label_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges">Net increase of cash and cash equivalents</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:title="EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
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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" xlink:title="label: EffectOfExchangeRateChangesOnCashAndCashEquivalents to label_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredIncomeClassifiedAsCurrentBeforeReclassification" xlink:label="DeferredIncomeClassifiedAsCurrentBeforeReclassification" xlink:title="DeferredIncomeClassifiedAsCurrentBeforeReclassification"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeClassifiedAsCurrentBeforeReclassification" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeClassifiedAsCurrentBeforeReclassification" xml:lang="en-US" id="label_DeferredIncomeClassifiedAsCurrentBeforeReclassification">Deferred income - current - prior to change</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeClassifiedAsCurrentBeforeReclassification" xlink:to="label_DeferredIncomeClassifiedAsCurrentBeforeReclassification" xlink:title="label: DeferredIncomeClassifiedAsCurrentBeforeReclassification to label_DeferredIncomeClassifiedAsCurrentBeforeReclassification"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AmountOfReclassificationsOrChangesInPresentation" xlink:label="AmountOfReclassificationsOrChangesInPresentation" xlink:title="AmountOfReclassificationsOrChangesInPresentation"/>
    <link:label xlink:type="resource" xlink:label="label_AmountOfReclassificationsOrChangesInPresentation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountOfReclassificationsOrChangesInPresentation" xml:lang="en-US" id="label_AmountOfReclassificationsOrChangesInPresentation">Reclassified non-current deferred maintenance revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountOfReclassificationsOrChangesInPresentation" xlink:to="label_AmountOfReclassificationsOrChangesInPresentation" xlink:title="label: AmountOfReclassificationsOrChangesInPresentation to label_AmountOfReclassificationsOrChangesInPresentation"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredIncomeClassifiedAsNonCurrentBeforeReclassification" xlink:label="DeferredIncomeClassifiedAsNonCurrentBeforeReclassification" xlink:title="DeferredIncomeClassifiedAsNonCurrentBeforeReclassification"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeClassifiedAsNonCurrentBeforeReclassification" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeClassifiedAsNonCurrentBeforeReclassification" xml:lang="en-US" id="label_DeferredIncomeClassifiedAsNonCurrentBeforeReclassification">Deferred income - non-current - prior to change</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeClassifiedAsNonCurrentBeforeReclassification" xlink:to="label_DeferredIncomeClassifiedAsNonCurrentBeforeReclassification" xlink:title="label: DeferredIncomeClassifiedAsNonCurrentBeforeReclassification to label_DeferredIncomeClassifiedAsNonCurrentBeforeReclassification"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="StatementOfChangesInEquityLineItems" xlink:title="StatementOfChangesInEquityLineItems"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfChangesInEquityLineItems" xlink:to="label_StatementOfChangesInEquityLineItems" xlink:title="label: StatementOfChangesInEquityLineItems to label_StatementOfChangesInEquityLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="StatementOfChangesInEquityTable" xlink:title="StatementOfChangesInEquityTable"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfChangesInEquityTable" xlink:to="label_StatementOfChangesInEquityTable" xlink:title="label: StatementOfChangesInEquityTable to label_StatementOfChangesInEquityTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_ComponentsOfEquityAxis">Consolidated statement of changes in 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/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_EquityMember">Total 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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_EquityAttributableToOwnersOfParentMember">Total equity attributable to the owners of the parents [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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_NoncontrollingInterestsMember">Non-controlling interest [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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="ClassesOfShareCapitalMember" xlink:title="ClassesOfShareCapitalMember"/>
    <link:label xlink:type="resource" xlink:label="label_ClassesOfShareCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfShareCapitalMember" xml:lang="en-US" id="label_ClassesOfShareCapitalMember">Share capital [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfShareCapitalMember" xlink:to="label_ClassesOfShareCapitalMember" xlink:title="label: ClassesOfShareCapitalMember to label_ClassesOfShareCapitalMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:label="AccumulatedOtherComprehensiveIncomeMember" xlink:title="AccumulatedOtherComprehensiveIncomeMember"/>
    <link:label xlink:type="resource" xlink:label="label_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedOtherComprehensiveIncomeMember" xml:lang="en-US" id="label_AccumulatedOtherComprehensiveIncomeMember">Other comprehensive income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedOtherComprehensiveIncomeMember" xlink:to="label_AccumulatedOtherComprehensiveIncomeMember" xlink:title="label: AccumulatedOtherComprehensiveIncomeMember to label_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:label="PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:title="PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate">Property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:title="label: PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate to label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_2">Property, plant and equipment recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_2" xlink:title="label: PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate to label_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:label="InventoryRecognisedAsOfAcquisitionDate" xlink:title="InventoryRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_InventoryRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InventoryRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_InventoryRecognisedAsOfAcquisitionDate">Inventory</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoryRecognisedAsOfAcquisitionDate" xlink:to="label_InventoryRecognisedAsOfAcquisitionDate" xlink:title="label: InventoryRecognisedAsOfAcquisitionDate to label_InventoryRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FairValueOfAcquiredReceivables" xlink:label="FairValueOfAcquiredReceivables" xlink:title="FairValueOfAcquiredReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FairValueOfAcquiredReceivables" xml:lang="en-US" id="label_FairValueOfAcquiredReceivables">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredReceivables" xlink:to="label_FairValueOfAcquiredReceivables" xlink:title="label: FairValueOfAcquiredReceivables to label_FairValueOfAcquiredReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredReceivables_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOfAcquiredReceivables" xml:lang="en-US" id="label_FairValueOfAcquiredReceivables_2">Fair value of acquired receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredReceivables" xlink:to="label_FairValueOfAcquiredReceivables_2" xlink:title="label: FairValueOfAcquiredReceivables to label_FairValueOfAcquiredReceivables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherTangibleOrIntangibleAssetsTransferred" xlink:label="OtherTangibleOrIntangibleAssetsTransferred" xlink:title="OtherTangibleOrIntangibleAssetsTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_OtherTangibleOrIntangibleAssetsTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherTangibleOrIntangibleAssetsTransferred" xml:lang="en-US" id="label_OtherTangibleOrIntangibleAssetsTransferred">Other tangible or intangible assets transferred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTangibleOrIntangibleAssetsTransferred" xlink:to="label_OtherTangibleOrIntangibleAssetsTransferred" xlink:title="label: OtherTangibleOrIntangibleAssetsTransferred to label_OtherTangibleOrIntangibleAssetsTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_OtherTangibleOrIntangibleAssetsTransferred_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherTangibleOrIntangibleAssetsTransferred" xml:lang="en-US" id="label_OtherTangibleOrIntangibleAssetsTransferred_2">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTangibleOrIntangibleAssetsTransferred" xlink:to="label_OtherTangibleOrIntangibleAssetsTransferred_2" xlink:title="label: OtherTangibleOrIntangibleAssetsTransferred to label_OtherTangibleOrIntangibleAssetsTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_OtherTangibleOrIntangibleAssetsTransferred_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherTangibleOrIntangibleAssetsTransferred" xml:lang="en-US" id="label_OtherTangibleOrIntangibleAssetsTransferred_3">Customer relationships</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTangibleOrIntangibleAssetsTransferred" xlink:to="label_OtherTangibleOrIntangibleAssetsTransferred_3" xlink:title="label: OtherTangibleOrIntangibleAssetsTransferred to label_OtherTangibleOrIntangibleAssetsTransferred"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinancialLiabilitiesIncurred" xlink:label="FinancialLiabilitiesIncurred" xlink:title="FinancialLiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesIncurred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialLiabilitiesIncurred" xml:lang="en-US" id="label_FinancialLiabilitiesIncurred">Financial debts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesIncurred" xlink:to="label_FinancialLiabilitiesIncurred" xlink:title="label: FinancialLiabilitiesIncurred to label_FinancialLiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesIncurred_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_FinancialLiabilitiesIncurred" xml:lang="en-US" id="label_FinancialLiabilitiesIncurred_2">Financial debts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesIncurred" xlink:to="label_FinancialLiabilitiesIncurred_2" xlink:title="label: FinancialLiabilitiesIncurred to label_FinancialLiabilitiesIncurred"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TradePayablesIncurred" xlink:label="TradePayablesIncurred" xlink:title="TradePayablesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_TradePayablesIncurred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradePayablesIncurred" xml:lang="en-US" id="label_TradePayablesIncurred">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesIncurred" xlink:to="label_TradePayablesIncurred" xlink:title="label: TradePayablesIncurred to label_TradePayablesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_TradePayablesIncurred_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradePayablesIncurred" xml:lang="en-US" id="label_TradePayablesIncurred_2">Trade payables incurred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesIncurred" xlink:to="label_TradePayablesIncurred_2" xlink:title="label: TradePayablesIncurred to label_TradePayablesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_TradePayablesIncurred_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_TradePayablesIncurred" xml:lang="en-US" id="label_TradePayablesIncurred_3">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesIncurred" xlink:to="label_TradePayablesIncurred_3" xlink:title="label: TradePayablesIncurred to label_TradePayablesIncurred"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherLiabilitiesIncurred" xlink:label="OtherLiabilitiesIncurred" xlink:title="OtherLiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_OtherLiabilitiesIncurred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherLiabilitiesIncurred" xml:lang="en-US" id="label_OtherLiabilitiesIncurred">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilitiesIncurred" xlink:to="label_OtherLiabilitiesIncurred" xlink:title="label: OtherLiabilitiesIncurred to label_OtherLiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_OtherLiabilitiesIncurred_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherLiabilitiesIncurred" xml:lang="en-US" id="label_OtherLiabilitiesIncurred_2">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilitiesIncurred" xlink:to="label_OtherLiabilitiesIncurred_2" xlink:title="label: OtherLiabilitiesIncurred to label_OtherLiabilitiesIncurred"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilitiesIncurred" xlink:label="LiabilitiesIncurred" xlink:title="LiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncurred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesIncurred" xml:lang="en-US" id="label_LiabilitiesIncurred">Liabilities incurred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncurred" xlink:to="label_LiabilitiesIncurred" xlink:title="label: LiabilitiesIncurred to label_LiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncurred_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_LiabilitiesIncurred" xml:lang="en-US" id="label_LiabilitiesIncurred_2">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncurred" xlink:to="label_LiabilitiesIncurred_2" xlink:title="label: LiabilitiesIncurred to label_LiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesIncurred_3" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_LiabilitiesIncurred" xml:lang="en-US" id="label_LiabilitiesIncurred_3">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesIncurred" xlink:to="label_LiabilitiesIncurred_3" xlink:title="label: LiabilitiesIncurred to label_LiabilitiesIncurred"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:label="IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:title="IdentifiableAssetsAcquiredLiabilitiesAssumed"/>
    <link:label xlink:type="resource" xlink:label="label_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IdentifiableAssetsAcquiredLiabilitiesAssumed" xml:lang="en-US" id="label_IdentifiableAssetsAcquiredLiabilitiesAssumed">Total identified assets and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="label_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:title="label: IdentifiableAssetsAcquiredLiabilitiesAssumed to label_IdentifiableAssetsAcquiredLiabilitiesAssumed"/>
    <link:label xlink:type="resource" xlink:label="label_IdentifiableAssetsAcquiredLiabilitiesAssumed_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_IdentifiableAssetsAcquiredLiabilitiesAssumed" xml:lang="en-US" id="label_IdentifiableAssetsAcquiredLiabilitiesAssumed_2">Total identified assets and liabilities other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="label_IdentifiableAssetsAcquiredLiabilitiesAssumed_2" xlink:title="label: IdentifiableAssetsAcquiredLiabilitiesAssumed to label_IdentifiableAssetsAcquiredLiabilitiesAssumed"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashTransferred" xlink:label="CashTransferred" xlink:title="CashTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_CashTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashTransferred" xml:lang="en-US" id="label_CashTransferred">Acquisition price paid in cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashTransferred" xlink:to="label_CashTransferred" xlink:title="label: CashTransferred to label_CashTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_CashTransferred_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CashTransferred" xml:lang="en-US" id="label_CashTransferred_2">Consideration paid in cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashTransferred" xlink:to="label_CashTransferred_2" xlink:title="label: CashTransferred to label_CashTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_CashTransferred_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashTransferred" xml:lang="en-US" id="label_CashTransferred_3">Acquisition price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashTransferred" xlink:to="label_CashTransferred_3" xlink:title="label: CashTransferred to label_CashTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_CashTransferred_4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CashTransferred" xml:lang="en-US" id="label_CashTransferred_4">Consideration paid in cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashTransferred" xlink:to="label_CashTransferred_4" xlink:title="label: CashTransferred to label_CashTransferred"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueOfAcquiredCashAndCashEquivalents" xlink:label="FairValueOfAcquiredCashAndCashEquivalents" xlink:title="FairValueOfAcquiredCashAndCashEquivalents"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOfAcquiredCashAndCashEquivalents" xml:lang="en-US" id="label_FairValueOfAcquiredCashAndCashEquivalents">Cash and cash equivalents acquired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredCashAndCashEquivalents" xlink:to="label_FairValueOfAcquiredCashAndCashEquivalents" xlink:title="label: FairValueOfAcquiredCashAndCashEquivalents to label_FairValueOfAcquiredCashAndCashEquivalents"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredCashAndCashEquivalents_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_FairValueOfAcquiredCashAndCashEquivalents" xml:lang="en-US" id="label_FairValueOfAcquiredCashAndCashEquivalents_2">Cash and cash equivalents aquired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredCashAndCashEquivalents" xlink:to="label_FairValueOfAcquiredCashAndCashEquivalents_2" xlink:title="label: FairValueOfAcquiredCashAndCashEquivalents to label_FairValueOfAcquiredCashAndCashEquivalents"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AcquisitionPrice" xlink:label="AcquisitionPrice" xlink:title="AcquisitionPrice"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitionPrice" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionPrice" xml:lang="en-US" id="label_AcquisitionPrice">Acquisition price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionPrice" xlink:to="label_AcquisitionPrice" xlink:title="label: AcquisitionPrice to label_AcquisitionPrice"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalCashFlowOfAcquiredBusinessCombination" xlink:label="TotalCashFlowOfAcquiredBusinessCombination" xlink:title="TotalCashFlowOfAcquiredBusinessCombination"/>
    <link:label xlink:type="resource" xlink:label="label_TotalCashFlowOfAcquiredBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalCashFlowOfAcquiredBusinessCombination" xml:lang="en-US" id="label_TotalCashFlowOfAcquiredBusinessCombination">Total cash flow of acquired business combination</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalCashFlowOfAcquiredBusinessCombination" xlink:to="label_TotalCashFlowOfAcquiredBusinessCombination" xlink:title="label: TotalCashFlowOfAcquiredBusinessCombination to label_TotalCashFlowOfAcquiredBusinessCombination"/>
    <link:label xlink:type="resource" xlink:label="label_TotalCashFlowOfAcquiredBusinessCombination_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_TotalCashFlowOfAcquiredBusinessCombination" xml:lang="en-US" id="label_TotalCashFlowOfAcquiredBusinessCombination_2">Total cash flow</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalCashFlowOfAcquiredBusinessCombination" xlink:to="label_TotalCashFlowOfAcquiredBusinessCombination_2" xlink:title="label: TotalCashFlowOfAcquiredBusinessCombination to label_TotalCashFlowOfAcquiredBusinessCombination"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueOfAcquiree" xlink:label="RevenueOfAcquiree" xlink:title="RevenueOfAcquiree"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueOfAcquiree" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RevenueOfAcquiree" xml:lang="en-US" id="label_RevenueOfAcquiree">Revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueOfAcquiree" xlink:to="label_RevenueOfAcquiree" xlink:title="label: RevenueOfAcquiree to label_RevenueOfAcquiree"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueOfAcquiree_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueOfAcquiree" xml:lang="en-US" id="label_RevenueOfAcquiree_2">Revenue of acquiree</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueOfAcquiree" xlink:to="label_RevenueOfAcquiree_2" xlink:title="label: RevenueOfAcquiree to label_RevenueOfAcquiree"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueOfAcquiree_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_RevenueOfAcquiree" xml:lang="en-US" id="label_RevenueOfAcquiree_3">Contribution of revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueOfAcquiree" xlink:to="label_RevenueOfAcquiree_3" xlink:title="label: RevenueOfAcquiree to label_RevenueOfAcquiree"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossOfAcquiree" xlink:label="ProfitLossOfAcquiree" xlink:title="ProfitLossOfAcquiree"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossOfAcquiree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossOfAcquiree" xml:lang="en-US" id="label_ProfitLossOfAcquiree">Net loss of acquiree</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossOfAcquiree" xlink:to="label_ProfitLossOfAcquiree" xlink:title="label: ProfitLossOfAcquiree to label_ProfitLossOfAcquiree"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossOfAcquiree_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossOfAcquiree" xml:lang="en-US" id="label_ProfitLossOfAcquiree_2">Net loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossOfAcquiree" xlink:to="label_ProfitLossOfAcquiree_2" xlink:title="label: ProfitLossOfAcquiree to label_ProfitLossOfAcquiree"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossOfAcquiree_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProfitLossOfAcquiree" xml:lang="en-US" id="label_ProfitLossOfAcquiree_3">Contribution to net profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossOfAcquiree" xlink:to="label_ProfitLossOfAcquiree_3" xlink:title="label: ProfitLossOfAcquiree to label_ProfitLossOfAcquiree"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:label="TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:title="TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate">Technology</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:title="label: TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate to label_TechnologybasedIntangibleAssetsRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueOfAcquiredOtherCurrentAssets" xlink:label="FairValueOfAcquiredOtherCurrentAssets" xlink:title="FairValueOfAcquiredOtherCurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredOtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FairValueOfAcquiredOtherCurrentAssets" xml:lang="en-US" id="label_FairValueOfAcquiredOtherCurrentAssets">Other current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredOtherCurrentAssets" xlink:to="label_FairValueOfAcquiredOtherCurrentAssets" xlink:title="label: FairValueOfAcquiredOtherCurrentAssets to label_FairValueOfAcquiredOtherCurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredOtherCurrentAssets_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOfAcquiredOtherCurrentAssets" xml:lang="en-US" id="label_FairValueOfAcquiredOtherCurrentAssets_2">Fair value of acquired other current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredOtherCurrentAssets" xlink:to="label_FairValueOfAcquiredOtherCurrentAssets_2" xlink:title="label: FairValueOfAcquiredOtherCurrentAssets to label_FairValueOfAcquiredOtherCurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:label="CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:title="CashAndCashEquivalentsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate">Cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:title="label: CashAndCashEquivalentsRecognisedAsOfAcquisitionDate to label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_2">Cash and cash equivalents recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_2" xlink:title="label: CashAndCashEquivalentsRecognisedAsOfAcquisitionDate to label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_3">Cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_3" xlink:title="label: CashAndCashEquivalentsRecognisedAsOfAcquisitionDate to label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_5">Cash and cash equivalents acquired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_5" xlink:title="label: CashAndCashEquivalentsRecognisedAsOfAcquisitionDate to label_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxLiabilitiesIncurred" xlink:label="DeferredTaxLiabilitiesIncurred" xlink:title="DeferredTaxLiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesIncurred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxLiabilitiesIncurred" xml:lang="en-US" id="label_DeferredTaxLiabilitiesIncurred">Deferred tax liabilities incurred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesIncurred" xlink:to="label_DeferredTaxLiabilitiesIncurred" xlink:title="label: DeferredTaxLiabilitiesIncurred to label_DeferredTaxLiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesIncurred_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxLiabilitiesIncurred" xml:lang="en-US" id="label_DeferredTaxLiabilitiesIncurred_2">Deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesIncurred" xlink:to="label_DeferredTaxLiabilitiesIncurred_2" xlink:title="label: DeferredTaxLiabilitiesIncurred to label_DeferredTaxLiabilitiesIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesIncurred_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredTaxLiabilitiesIncurred" xml:lang="en-US" id="label_DeferredTaxLiabilitiesIncurred_3">Deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesIncurred" xlink:to="label_DeferredTaxLiabilitiesIncurred_3" xlink:title="label: DeferredTaxLiabilitiesIncurred to label_DeferredTaxLiabilitiesIncurred"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MinimumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:label="MinimumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:title="MinimumContingentConsiderationOfUndiscountedEarnOutScenarios"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumContingentConsiderationOfUndiscountedEarnOutScenarios" xml:lang="en-US" id="label_MinimumContingentConsiderationOfUndiscountedEarnOutScenarios">Undiscounted earn-out scenario min</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:to="label_MinimumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:title="label: MinimumContingentConsiderationOfUndiscountedEarnOutScenarios to label_MinimumContingentConsiderationOfUndiscountedEarnOutScenarios"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MaximumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:label="MaximumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:title="MaximumContingentConsiderationOfUndiscountedEarnOutScenarios"/>
    <link:label xlink:type="resource" xlink:label="label_MaximumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumContingentConsiderationOfUndiscountedEarnOutScenarios" xml:lang="en-US" id="label_MaximumContingentConsiderationOfUndiscountedEarnOutScenarios">Undiscounted earn-out scenario max</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:to="label_MaximumContingentConsiderationOfUndiscountedEarnOutScenarios" xlink:title="label: MaximumContingentConsiderationOfUndiscountedEarnOutScenarios to label_MaximumContingentConsiderationOfUndiscountedEarnOutScenarios"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MinimumProbabilityOfUndiscountedEarnOutScenarios" xlink:label="MinimumProbabilityOfUndiscountedEarnOutScenarios" xlink:title="MinimumProbabilityOfUndiscountedEarnOutScenarios"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumProbabilityOfUndiscountedEarnOutScenarios" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumProbabilityOfUndiscountedEarnOutScenarios" xml:lang="en-US" id="label_MinimumProbabilityOfUndiscountedEarnOutScenarios">Minimum probability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumProbabilityOfUndiscountedEarnOutScenarios" xlink:to="label_MinimumProbabilityOfUndiscountedEarnOutScenarios" xlink:title="label: MinimumProbabilityOfUndiscountedEarnOutScenarios to label_MinimumProbabilityOfUndiscountedEarnOutScenarios"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MaximumProbabilityOfUndiscountedEarnOutScenarios" xlink:label="MaximumProbabilityOfUndiscountedEarnOutScenarios" xlink:title="MaximumProbabilityOfUndiscountedEarnOutScenarios"/>
    <link:label xlink:type="resource" xlink:label="label_MaximumProbabilityOfUndiscountedEarnOutScenarios" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumProbabilityOfUndiscountedEarnOutScenarios" xml:lang="en-US" id="label_MaximumProbabilityOfUndiscountedEarnOutScenarios">Maximum probability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumProbabilityOfUndiscountedEarnOutScenarios" xlink:to="label_MaximumProbabilityOfUndiscountedEarnOutScenarios" xlink:title="label: MaximumProbabilityOfUndiscountedEarnOutScenarios to label_MaximumProbabilityOfUndiscountedEarnOutScenarios"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CumulativeProbabilityOfUndiscountedEarnOutScenarios" xlink:label="CumulativeProbabilityOfUndiscountedEarnOutScenarios" xlink:title="CumulativeProbabilityOfUndiscountedEarnOutScenarios"/>
    <link:label xlink:type="resource" xlink:label="label_CumulativeProbabilityOfUndiscountedEarnOutScenarios" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CumulativeProbabilityOfUndiscountedEarnOutScenarios" xml:lang="en-US" id="label_CumulativeProbabilityOfUndiscountedEarnOutScenarios">Cumulative probability of at least</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CumulativeProbabilityOfUndiscountedEarnOutScenarios" xlink:to="label_CumulativeProbabilityOfUndiscountedEarnOutScenarios" xlink:title="label: CumulativeProbabilityOfUndiscountedEarnOutScenarios to label_CumulativeProbabilityOfUndiscountedEarnOutScenarios"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContingentConsiderationOverComingYears" xlink:label="ContingentConsiderationOverComingYears" xlink:title="ContingentConsiderationOverComingYears"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationOverComingYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentConsiderationOverComingYears" xml:lang="en-US" id="label_ContingentConsiderationOverComingYears">Contingent consideration over the coming years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationOverComingYears" xlink:to="label_ContingentConsiderationOverComingYears" xlink:title="label: ContingentConsiderationOverComingYears to label_ContingentConsiderationOverComingYears"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueOfContingentConsiderationAsPerFinalAccountingDate" xlink:label="FairValueOfContingentConsiderationAsPerFinalAccountingDate" xlink:title="FairValueOfContingentConsiderationAsPerFinalAccountingDate"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfContingentConsiderationAsPerFinalAccountingDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOfContingentConsiderationAsPerFinalAccountingDate" xml:lang="en-US" id="label_FairValueOfContingentConsiderationAsPerFinalAccountingDate">Fair value of the contingent consideration as of December 31, 2015</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfContingentConsiderationAsPerFinalAccountingDate" xlink:to="label_FairValueOfContingentConsiderationAsPerFinalAccountingDate" xlink:title="label: FairValueOfContingentConsiderationAsPerFinalAccountingDate to label_FairValueOfContingentConsiderationAsPerFinalAccountingDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GainOfFairValueAdjustmentOfContingentConsideration" xlink:label="GainOfFairValueAdjustmentOfContingentConsideration" xlink:title="GainOfFairValueAdjustmentOfContingentConsideration"/>
    <link:label xlink:type="resource" xlink:label="label_GainOfFairValueAdjustmentOfContingentConsideration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GainOfFairValueAdjustmentOfContingentConsideration" xml:lang="en-US" id="label_GainOfFairValueAdjustmentOfContingentConsideration">Gain of fairvalue adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainOfFairValueAdjustmentOfContingentConsideration" xlink:to="label_GainOfFairValueAdjustmentOfContingentConsideration" xlink:title="label: GainOfFairValueAdjustmentOfContingentConsideration to label_GainOfFairValueAdjustmentOfContingentConsideration"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CarryingValueAtAcquisitionDateMember" xlink:label="CarryingValueAtAcquisitionDateMember" xlink:title="CarryingValueAtAcquisitionDateMember"/>
    <link:label xlink:type="resource" xlink:label="label_CarryingValueAtAcquisitionDateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CarryingValueAtAcquisitionDateMember" xml:lang="en-US" id="label_CarryingValueAtAcquisitionDateMember">Carrying value at acquisition date [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingValueAtAcquisitionDateMember" xlink:to="label_CarryingValueAtAcquisitionDateMember" xlink:title="label: CarryingValueAtAcquisitionDateMember to label_CarryingValueAtAcquisitionDateMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueAdjustmentsMember" xlink:label="FairValueAdjustmentsMember" xlink:title="FairValueAdjustmentsMember"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueAdjustmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueAdjustmentsMember" xml:lang="en-US" id="label_FairValueAdjustmentsMember">Fair value adjustments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueAdjustmentsMember" xlink:to="label_FairValueAdjustmentsMember" xlink:title="label: FairValueAdjustmentsMember to label_FairValueAdjustmentsMember"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueAdjustmentsMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FairValueAdjustmentsMember" xml:lang="en-US" id="label_FairValueAdjustmentsMember_2">Provisional fair value adjustments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueAdjustmentsMember" xlink:to="label_FairValueAdjustmentsMember_2" xlink:title="label: FairValueAdjustmentsMember to label_FairValueAdjustmentsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueAtAcquisitionDateMember" xlink:label="FairValueAtAcquisitionDateMember" xlink:title="FairValueAtAcquisitionDateMember"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueAtAcquisitionDateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueAtAcquisitionDateMember" xml:lang="en-US" id="label_FairValueAtAcquisitionDateMember">Fair value at acquisition date [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueAtAcquisitionDateMember" xlink:to="label_FairValueAtAcquisitionDateMember" xlink:title="label: FairValueAtAcquisitionDateMember to label_FairValueAtAcquisitionDateMember"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueAtAcquisitionDateMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FairValueAtAcquisitionDateMember" xml:lang="en-US" id="label_FairValueAtAcquisitionDateMember_2">Provisional fair value at acquisition date [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueAtAcquisitionDateMember" xlink:to="label_FairValueAtAcquisitionDateMember_2" xlink:title="label: FairValueAtAcquisitionDateMember to label_FairValueAtAcquisitionDateMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueOfAcquiredIntangibleAssetsFavorableContract" xlink:label="FairValueOfAcquiredIntangibleAssetsFavorableContract" xlink:title="FairValueOfAcquiredIntangibleAssetsFavorableContract"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredIntangibleAssetsFavorableContract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOfAcquiredIntangibleAssetsFavorableContract" xml:lang="en-US" id="label_FairValueOfAcquiredIntangibleAssetsFavorableContract">Favorable contract</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredIntangibleAssetsFavorableContract" xlink:to="label_FairValueOfAcquiredIntangibleAssetsFavorableContract" xlink:title="label: FairValueOfAcquiredIntangibleAssetsFavorableContract to label_FairValueOfAcquiredIntangibleAssetsFavorableContract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueOfAcquiredIntangibleAssetsOther" xlink:label="FairValueOfAcquiredIntangibleAssetsOther" xlink:title="FairValueOfAcquiredIntangibleAssetsOther"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredIntangibleAssetsOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOfAcquiredIntangibleAssetsOther" xml:lang="en-US" id="label_FairValueOfAcquiredIntangibleAssetsOther">Other intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredIntangibleAssetsOther" xlink:to="label_FairValueOfAcquiredIntangibleAssetsOther" xlink:title="label: FairValueOfAcquiredIntangibleAssetsOther to label_FairValueOfAcquiredIntangibleAssetsOther"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueOfAcquiredOtherAssets" xlink:label="FairValueOfAcquiredOtherAssets" xlink:title="FairValueOfAcquiredOtherAssets"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfAcquiredOtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOfAcquiredOtherAssets" xml:lang="en-US" id="label_FairValueOfAcquiredOtherAssets">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfAcquiredOtherAssets" xlink:to="label_FairValueOfAcquiredOtherAssets" xlink:title="label: FairValueOfAcquiredOtherAssets to label_FairValueOfAcquiredOtherAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:label="AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:title="AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AcquisitiondateFairValueOfTotalConsiderationTransferred" xml:lang="en-US" id="label_AcquisitiondateFairValueOfTotalConsiderationTransferred">Acquisition price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="label_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:title="label: AcquisitiondateFairValueOfTotalConsiderationTransferred to label_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitiondateFairValueOfTotalConsiderationTransferred_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitiondateFairValueOfTotalConsiderationTransferred" xml:lang="en-US" id="label_AcquisitiondateFairValueOfTotalConsiderationTransferred_2">Acquisition date fair value of total consideration transferred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="label_AcquisitiondateFairValueOfTotalConsiderationTransferred_2" xlink:title="label: AcquisitiondateFairValueOfTotalConsiderationTransferred to label_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitiondateFairValueOfTotalConsiderationTransferred_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_AcquisitiondateFairValueOfTotalConsiderationTransferred" xml:lang="en-US" id="label_AcquisitiondateFairValueOfTotalConsiderationTransferred_3">Acquisition price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="label_AcquisitiondateFairValueOfTotalConsiderationTransferred_3" xlink:title="label: AcquisitiondateFairValueOfTotalConsiderationTransferred to label_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AcquisitiondateFairValueOfReceivablesAcquired" xlink:label="AcquisitiondateFairValueOfReceivablesAcquired" xlink:title="AcquisitiondateFairValueOfReceivablesAcquired"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitiondateFairValueOfReceivablesAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitiondateFairValueOfReceivablesAcquired" xml:lang="en-US" id="label_AcquisitiondateFairValueOfReceivablesAcquired">Fair value of the receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitiondateFairValueOfReceivablesAcquired" xlink:to="label_AcquisitiondateFairValueOfReceivablesAcquired" xlink:title="label: AcquisitiondateFairValueOfReceivablesAcquired to label_AcquisitiondateFairValueOfReceivablesAcquired"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:label="DisclosureOfBusinessCombinationsTable" xlink:title="DisclosureOfBusinessCombinationsTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfBusinessCombinationsTable" xml:lang="en-US" id="label_DisclosureOfBusinessCombinationsTable">Disclosure of detailed information about business combination [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBusinessCombinationsTable" xlink:to="label_DisclosureOfBusinessCombinationsTable" xlink:title="label: DisclosureOfBusinessCombinationsTable to label_DisclosureOfBusinessCombinationsTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:label="DisclosureOfBusinessCombinationsLineItems" xlink:title="DisclosureOfBusinessCombinationsLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfBusinessCombinationsLineItems" xml:lang="en-US" id="label_DisclosureOfBusinessCombinationsLineItems">Disclosure of detailed information about business combination [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBusinessCombinationsLineItems" xlink:to="label_DisclosureOfBusinessCombinationsLineItems" xlink:title="label: DisclosureOfBusinessCombinationsLineItems to label_DisclosureOfBusinessCombinationsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:label="DisclosureOfBusinessCombinationsAbstract" xlink:title="DisclosureOfBusinessCombinationsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfBusinessCombinationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfBusinessCombinationsAbstract" xml:lang="en-US" id="label_DisclosureOfBusinessCombinationsAbstract">Disclosure of detailed information about business combination [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBusinessCombinationsAbstract" xlink:to="label_DisclosureOfBusinessCombinationsAbstract" xlink:title="label: DisclosureOfBusinessCombinationsAbstract to label_DisclosureOfBusinessCombinationsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureFairValueAxis" xlink:label="DisclosureFairValueAxis" xlink:title="DisclosureFairValueAxis"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureFairValueAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureFairValueAxis" xml:lang="en-US" id="label_DisclosureFairValueAxis">Disclosure fair value [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureFairValueAxis" xlink:to="label_DisclosureFairValueAxis" xlink:title="label: DisclosureFairValueAxis to label_DisclosureFairValueAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnitAldemaMember" xlink:label="BusinessCombinationAldemaMember" xlink:title="BusinessCombinationAldemaMember"/>
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationAldemaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessCombinationAldemaMember" xml:lang="en-US" id="label_BusinessCombinationAldemaMember">Aldema</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationAldemaMember" xlink:to="label_BusinessCombinationAldemaMember" xlink:title="label: BusinessCombinationAldemaMember to label_BusinessCombinationAldemaMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GoodwillExpectedDeductibleForTaxPurposes" xlink:label="GoodwillExpectedDeductibleForTaxPurposes" xlink:title="GoodwillExpectedDeductibleForTaxPurposes"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillExpectedDeductibleForTaxPurposes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillExpectedDeductibleForTaxPurposes" xml:lang="en-US" id="label_GoodwillExpectedDeductibleForTaxPurposes">Goodwill expected to be deductible for tax purposes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillExpectedDeductibleForTaxPurposes" xlink:to="label_GoodwillExpectedDeductibleForTaxPurposes" xlink:title="label: GoodwillExpectedDeductibleForTaxPurposes to label_GoodwillExpectedDeductibleForTaxPurposes"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillExpectedDeductibleForTaxPurposes_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GoodwillExpectedDeductibleForTaxPurposes" xml:lang="en-US" id="label_GoodwillExpectedDeductibleForTaxPurposes_2">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillExpectedDeductibleForTaxPurposes" xlink:to="label_GoodwillExpectedDeductibleForTaxPurposes_2" xlink:title="label: GoodwillExpectedDeductibleForTaxPurposes to label_GoodwillExpectedDeductibleForTaxPurposes"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CustomerRelationships" xlink:label="CustomerRelationships" xlink:title="CustomerRelationships"/>
    <link:label xlink:type="resource" xlink:label="label_CustomerRelationships" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CustomerRelationships" xml:lang="en-US" id="label_CustomerRelationships">Customer relationships</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerRelationships" xlink:to="label_CustomerRelationships" xlink:title="label: CustomerRelationships to label_CustomerRelationships"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnitCenatMember" xlink:label="BusinessCombinationCenatMember" xlink:title="BusinessCombinationCenatMember"/>
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationCenatMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessCombinationCenatMember" xml:lang="en-US" id="label_BusinessCombinationCenatMember">Cenat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationCenatMember" xlink:to="label_BusinessCombinationCenatMember" xlink:title="label: BusinessCombinationCenatMember to label_BusinessCombinationCenatMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnitEprototypyMember" xlink:label="BusinessCombinationEprototypyMember" xlink:title="BusinessCombinationEprototypyMember"/>
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationEprototypyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessCombinationEprototypyMember" xml:lang="en-US" id="label_BusinessCombinationEprototypyMember">e-Prototypy</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationEprototypyMember" xlink:to="label_BusinessCombinationEprototypyMember" xlink:title="label: BusinessCombinationEprototypyMember to label_BusinessCombinationEprototypyMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnitOrthoviewMember" xlink:label="BusinessCombinationOrthoviewMember" xlink:title="BusinessCombinationOrthoviewMember"/>
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationOrthoviewMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessCombinationOrthoviewMember" xml:lang="en-US" id="label_BusinessCombinationOrthoviewMember">Orthoview</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationOrthoviewMember" xlink:to="label_BusinessCombinationOrthoviewMember" xlink:title="label: BusinessCombinationOrthoviewMember to label_BusinessCombinationOrthoviewMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_deferredIncome" xlink:label="DeferredIncome" xlink:title="DeferredIncome"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncome" xml:lang="en-US" id="label_DeferredIncome">Deferred income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncome" xlink:to="label_DeferredIncome" xlink:title="label: DeferredIncome to label_DeferredIncome"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncome_4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncome" xml:lang="en-US" id="label_DeferredIncome_4">Deferred income business combinations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncome" xlink:to="label_DeferredIncome_4" xlink:title="label: DeferredIncome to label_DeferredIncome"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AccruedCharges" xlink:label="AccruedCharges" xlink:title="AccruedCharges"/>
    <link:label xlink:type="resource" xlink:label="label_AccruedCharges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccruedCharges" xml:lang="en-US" id="label_AccruedCharges">Accrued charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedCharges" xlink:to="label_AccruedCharges" xlink:title="label: AccruedCharges to label_AccruedCharges"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherAssetsRecognisedAsOfAcquisitionDate" xlink:label="OtherAssetsRecognisedAsOfAcquisitionDate" xlink:title="OtherAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_OtherAssetsRecognisedAsOfAcquisitionDate">Other assets recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_OtherAssetsRecognisedAsOfAcquisitionDate" xlink:title="label: OtherAssetsRecognisedAsOfAcquisitionDate to label_OtherAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherAssetsRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_OtherAssetsRecognisedAsOfAcquisitionDate_2">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_OtherAssetsRecognisedAsOfAcquisitionDate_2" xlink:title="label: OtherAssetsRecognisedAsOfAcquisitionDate to label_OtherAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherAssetsRecognisedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_OtherAssetsRecognisedAsOfAcquisitionDate_3">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_OtherAssetsRecognisedAsOfAcquisitionDate_3" xlink:title="label: OtherAssetsRecognisedAsOfAcquisitionDate to label_OtherAssetsRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillAllocatedToCGUMatNvSamBe" xlink:label="GoodwillAllocatedToCGUMatNvSamBe" xlink:title="GoodwillAllocatedToCGUMatNvSamBe"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillAllocatedToCGUMatNvSamBe" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillAllocatedToCGUMatNvSamBe" xml:lang="en-US" id="label_GoodwillAllocatedToCGUMatNvSamBe">CGU: MAT NV SAM BE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAllocatedToCGUMatNvSamBe" xlink:to="label_GoodwillAllocatedToCGUMatNvSamBe" xlink:title="label: GoodwillAllocatedToCGUMatNvSamBe to label_GoodwillAllocatedToCGUMatNvSamBe"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillAllocatedToCGUEProtptype" xlink:label="GoodwillAllocatedToCGUEProtptype" xlink:title="GoodwillAllocatedToCGUEProtptype"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillAllocatedToCGUEProtptype" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillAllocatedToCGUEProtptype" xml:lang="en-US" id="label_GoodwillAllocatedToCGUEProtptype">CGU: e-Prototype</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAllocatedToCGUEProtptype" xlink:to="label_GoodwillAllocatedToCGUEProtptype" xlink:title="label: GoodwillAllocatedToCGUEProtptype to label_GoodwillAllocatedToCGUEProtptype"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillAllocatedToCGURapidfit" xlink:label="copyOfGoodwillAllocatedToCGURapidfit" xlink:title="copyOfGoodwillAllocatedToCGURapidfit"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfGoodwillAllocatedToCGURapidfit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfGoodwillAllocatedToCGURapidfit" xml:lang="en-US" id="label_copyOfGoodwillAllocatedToCGURapidfit">CGU: Rapidfit+ (USA)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfGoodwillAllocatedToCGURapidfit" xlink:to="label_copyOfGoodwillAllocatedToCGURapidfit" xlink:title="label: copyOfGoodwillAllocatedToCGURapidfit to label_copyOfGoodwillAllocatedToCGURapidfit"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillAllocatedToCGUOrthoView" xlink:label="GoodwillAllocatedToCGUOrthoView" xlink:title="GoodwillAllocatedToCGUOrthoView"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillAllocatedToCGUOrthoView" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillAllocatedToCGUOrthoView" xml:lang="en-US" id="label_GoodwillAllocatedToCGUOrthoView">CGU: OrthoView</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAllocatedToCGUOrthoView" xlink:to="label_GoodwillAllocatedToCGUOrthoView" xlink:title="label: GoodwillAllocatedToCGUOrthoView to label_GoodwillAllocatedToCGUOrthoView"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillAllocatedToCGUMatNvManufacturing" xlink:label="GoodwillAllocatedToCGUMatNvManufacturing" xlink:title="GoodwillAllocatedToCGUMatNvManufacturing"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillAllocatedToCGUMatNvManufacturing" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillAllocatedToCGUMatNvManufacturing" xml:lang="en-US" id="label_GoodwillAllocatedToCGUMatNvManufacturing">CGU: MAT NV Manufacturing (Metal)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAllocatedToCGUMatNvManufacturing" xlink:to="label_GoodwillAllocatedToCGUMatNvManufacturing" xlink:title="label: GoodwillAllocatedToCGUMatNvManufacturing to label_GoodwillAllocatedToCGUMatNvManufacturing"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillAbstract" xlink:label="DisclosureOfReconciliationOfChangesInGoodwillAbstract" xlink:title="DisclosureOfReconciliationOfChangesInGoodwillAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfReconciliationOfChangesInGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfReconciliationOfChangesInGoodwillAbstract" xml:lang="en-US" id="label_DisclosureOfReconciliationOfChangesInGoodwillAbstract">Disclosure of reconciliation of changes in goodwill [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInGoodwillAbstract" xlink:to="label_DisclosureOfReconciliationOfChangesInGoodwillAbstract" xlink:title="label: DisclosureOfReconciliationOfChangesInGoodwillAbstract to label_DisclosureOfReconciliationOfChangesInGoodwillAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:label="DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:title="DisclosureOfReconciliationOfChangesInGoodwillTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfReconciliationOfChangesInGoodwillTable" xml:lang="en-US" id="label_DisclosureOfReconciliationOfChangesInGoodwillTable">Disclosure of reconciliation of changes in goodwill [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:to="label_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:title="label: DisclosureOfReconciliationOfChangesInGoodwillTable to label_DisclosureOfReconciliationOfChangesInGoodwillTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:label="DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:title="DisclosureOfReconciliationOfChangesInGoodwillLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xml:lang="en-US" id="label_DisclosureOfReconciliationOfChangesInGoodwillLineItems">Disclosure of reconciliation of changes in goodwill [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:to="label_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:title="label: DisclosureOfReconciliationOfChangesInGoodwillLineItems to label_DisclosureOfReconciliationOfChangesInGoodwillLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:label="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:title="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xml:lang="en-US" id="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract">Disclosure of reconciliation of changes in intangible assets and goodwill [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:to="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract" xlink:title="label: DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract to label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:label="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:title="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xml:lang="en-US" id="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable">Disclosure of reconciliation of changes in intangible assets and goodwill [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:to="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:title="label: DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable to label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:label="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:title="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xml:lang="en-US" id="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems">Disclosure of reconciliation of changes in intangible assets and goodwill [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:to="label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:title="label: DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems to label_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MethodsOfGenerationAxis" xlink:label="MethodsOfGenerationAxis" xlink:title="MethodsOfGenerationAxis"/>
    <link:label xlink:type="resource" xlink:label="label_MethodsOfGenerationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MethodsOfGenerationAxis" xml:lang="en-US" id="label_MethodsOfGenerationAxis">Methods of generation [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MethodsOfGenerationAxis" xlink:to="label_MethodsOfGenerationAxis" xlink:title="label: MethodsOfGenerationAxis to label_MethodsOfGenerationAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="GrossCarryingAmountMember" xlink:title="GrossCarryingAmountMember"/>
    <link:label xlink:type="resource" xlink:label="label_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_GrossCarryingAmountMember" xml:lang="en-US" id="label_GrossCarryingAmountMember">Gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossCarryingAmountMember" xlink:to="label_GrossCarryingAmountMember" xlink:title="label: GrossCarryingAmountMember to label_GrossCarryingAmountMember"/>
    <link:label xlink:type="resource" xlink:label="label_GrossCarryingAmountMember_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GrossCarryingAmountMember" xml:lang="en-US" id="label_GrossCarryingAmountMember_2">Gross carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossCarryingAmountMember" xlink:to="label_GrossCarryingAmountMember_2" xlink:title="label: GrossCarryingAmountMember to label_GrossCarryingAmountMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="CarryingAmountMember" xlink:title="CarryingAmountMember"/>
    <link:label xlink:type="resource" xlink:label="label_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CarryingAmountMember" xml:lang="en-US" id="label_CarryingAmountMember">Carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountMember" xlink:to="label_CarryingAmountMember" xlink:title="label: CarryingAmountMember to label_CarryingAmountMember"/>
    <link:label xlink:type="resource" xlink:label="label_CarryingAmountMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CarryingAmountMember" xml:lang="en-US" id="label_CarryingAmountMember_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountMember" xlink:to="label_CarryingAmountMember_2" xlink:title="label: CarryingAmountMember to label_CarryingAmountMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccumulatedImpairmentMember" xlink:label="AccumulatedImpairmentMember" xlink:title="AccumulatedImpairmentMember"/>
    <link:label xlink:type="resource" xlink:label="label_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedImpairmentMember" xml:lang="en-US" id="label_AccumulatedImpairmentMember">Accumulated impairment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedImpairmentMember" xlink:to="label_AccumulatedImpairmentMember" xlink:title="label: AccumulatedImpairmentMember to label_AccumulatedImpairmentMember"/>
    <link:label xlink:type="resource" xlink:label="label_AccumulatedImpairmentMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccumulatedImpairmentMember" xml:lang="en-US" id="label_AccumulatedImpairmentMember_2">Impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedImpairmentMember" xlink:to="label_AccumulatedImpairmentMember_2" xlink:title="label: AccumulatedImpairmentMember to label_AccumulatedImpairmentMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionalRecognitionGoodwill" xlink:label="AdditionalRecognitionGoodwill" xlink:title="AdditionalRecognitionGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionalRecognitionGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionalRecognitionGoodwill" xml:lang="en-US" id="label_AdditionalRecognitionGoodwill">Additional recognition, goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalRecognitionGoodwill" xlink:to="label_AdditionalRecognitionGoodwill" xlink:title="label: AdditionalRecognitionGoodwill to label_AdditionalRecognitionGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionalRecognitionGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionalRecognitionGoodwill" xml:lang="en-US" id="label_AdditionalRecognitionGoodwill_2">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalRecognitionGoodwill" xlink:to="label_AdditionalRecognitionGoodwill_2" xlink:title="label: AdditionalRecognitionGoodwill to label_AdditionalRecognitionGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:label="IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:title="IncreaseDecreaseThroughNetExchangeDifferencesGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill">Increase (decrease) through net exchange differences, goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:title="label: IncreaseDecreaseThroughNetExchangeDifferencesGoodwill to label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_2">Currency translation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_2" xlink:title="label: IncreaseDecreaseThroughNetExchangeDifferencesGoodwill to label_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract" xlink:label="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract" xlink:title="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract" xml:lang="en-US" id="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract">Disclosure of information for cash-generating units [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract" xlink:to="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract" xlink:title="label: DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract to label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:label="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:title="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xml:lang="en-US" id="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable">Disclosure of information for cash-generating units [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:to="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:title="label: DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable to label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:label="IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:title="IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xml:lang="en-US" id="label_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">Cash-generating units [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="label_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:title="label: IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis to label_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnitMatNvAmsBeMember" xlink:label="UnitMatNvAmsBe" xlink:title="UnitMatNvAmsBe"/>
    <link:label xlink:type="resource" xlink:label="label_UnitMatNvAmsBe" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnitMatNvAmsBe" xml:lang="en-US" id="label_UnitMatNvAmsBe">MAT NV AMS BE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitMatNvAmsBe" xlink:to="label_UnitMatNvAmsBe" xlink:title="label: UnitMatNvAmsBe to label_UnitMatNvAmsBe"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnitMatNvSamBeMember" xlink:label="UnitMatNvSamBe" xlink:title="UnitMatNvSamBe"/>
    <link:label xlink:type="resource" xlink:label="label_UnitMatNvSamBe" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnitMatNvSamBe" xml:lang="en-US" id="label_UnitMatNvSamBe">MAT NV SAM BE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitMatNvSamBe" xlink:to="label_UnitMatNvSamBe" xlink:title="label: UnitMatNvSamBe to label_UnitMatNvSamBe"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnitRapidfitMember" xlink:label="UnitRapidfit" xlink:title="UnitRapidfit"/>
    <link:label xlink:type="resource" xlink:label="label_UnitRapidfit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnitRapidfit" xml:lang="en-US" id="label_UnitRapidfit">Rapidfit+ (USA)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitRapidfit" xlink:to="label_UnitRapidfit" xlink:title="label: UnitRapidfit to label_UnitRapidfit"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:label="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:title="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xml:lang="en-US" id="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems">Disclosure of information for cash-generating units [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:to="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:title="label: DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems to label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:label="DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:title="DescriptionOfDiscountRatesAppliedToCashFlowProjections"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xml:lang="en-US" id="label_DescriptionOfDiscountRatesAppliedToCashFlowProjections">Discount rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:to="label_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:title="label: DescriptionOfDiscountRatesAppliedToCashFlowProjections to label_DescriptionOfDiscountRatesAppliedToCashFlowProjections"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:label="DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:title="DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xml:lang="en-US" id="label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections">Perpetual growth rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:to="label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:title="label: DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections to label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xml:lang="en-US" id="label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections_2">Growth rate used to extrapolate cash flow projections</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:to="label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections_2" xlink:title="label: DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections to label_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RecoverableAmountOfAssetOrCashgeneratingUnit" xlink:label="RecoverableAmountOfAssetOrCashgeneratingUnit" xlink:title="RecoverableAmountOfAssetOrCashgeneratingUnit"/>
    <link:label xlink:type="resource" xlink:label="label_RecoverableAmountOfAssetOrCashgeneratingUnit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RecoverableAmountOfAssetOrCashgeneratingUnit" xml:lang="en-US" id="label_RecoverableAmountOfAssetOrCashgeneratingUnit">Recoverable amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecoverableAmountOfAssetOrCashgeneratingUnit" xlink:to="label_RecoverableAmountOfAssetOrCashgeneratingUnit" xlink:title="label: RecoverableAmountOfAssetOrCashgeneratingUnit to label_RecoverableAmountOfAssetOrCashgeneratingUnit"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CarryingAmountOfAssetOrCashgeneratingUnit" xlink:label="CarryingAmountOfAssetOrCashgeneratingUnit" xlink:title="CarryingAmountOfAssetOrCashgeneratingUnit"/>
    <link:label xlink:type="resource" xlink:label="label_CarryingAmountOfAssetOrCashgeneratingUnit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CarryingAmountOfAssetOrCashgeneratingUnit" xml:lang="en-US" id="label_CarryingAmountOfAssetOrCashgeneratingUnit">Carrying value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountOfAssetOrCashgeneratingUnit" xlink:to="label_CarryingAmountOfAssetOrCashgeneratingUnit" xlink:title="label: CarryingAmountOfAssetOrCashgeneratingUnit to label_CarryingAmountOfAssetOrCashgeneratingUnit"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:label="AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:title="AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount"/>
    <link:label xlink:type="resource" xlink:label="label_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xml:lang="en-US" id="label_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount">Excess</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:to="label_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:title="label: AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount to label_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DiscountRateIncreaseForSensitivityAnalysis" xlink:label="DiscountRateIncreaseForSensitivityAnalysis" xlink:title="DiscountRateIncreaseForSensitivityAnalysis"/>
    <link:label xlink:type="resource" xlink:label="label_DiscountRateIncreaseForSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DiscountRateIncreaseForSensitivityAnalysis" xml:lang="en-US" id="label_DiscountRateIncreaseForSensitivityAnalysis">Discount rate increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountRateIncreaseForSensitivityAnalysis" xlink:to="label_DiscountRateIncreaseForSensitivityAnalysis" xlink:title="label: DiscountRateIncreaseForSensitivityAnalysis to label_DiscountRateIncreaseForSensitivityAnalysis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract" xlink:label="SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract" xlink:title="SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract" xml:lang="en-US" id="label_SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract">Significant accounting judgements, estimates and assumptions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract" xlink:to="label_SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract" xlink:title="label: SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract to label_SignificantAccountingJudgementsEstimatesAndAssumptionsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxLossesCarriedForward" xlink:label="TaxLossesCarriedForward" xlink:title="TaxLossesCarriedForward"/>
    <link:label xlink:type="resource" xlink:label="label_TaxLossesCarriedForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxLossesCarriedForward" xml:lang="en-US" id="label_TaxLossesCarriedForward">Tax losses carried forward</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxLossesCarriedForward" xlink:to="label_TaxLossesCarriedForward" xlink:title="label: TaxLossesCarriedForward to label_TaxLossesCarriedForward"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherTaxCredits" xlink:label="OtherTaxCredits" xlink:title="OtherTaxCredits"/>
    <link:label xlink:type="resource" xlink:label="label_OtherTaxCredits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherTaxCredits" xml:lang="en-US" id="label_OtherTaxCredits">Other tax credits Materialize NV</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxCredits" xlink:to="label_OtherTaxCredits" xlink:title="label: OtherTaxCredits to label_OtherTaxCredits"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NotionalInterestDeduction" xlink:label="NotionalInterestDeduction" xlink:title="NotionalInterestDeduction"/>
    <link:label xlink:type="resource" xlink:label="label_NotionalInterestDeduction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotionalInterestDeduction" xml:lang="en-US" id="label_NotionalInterestDeduction">Notional interest deduction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalInterestDeduction" xlink:to="label_NotionalInterestDeduction" xlink:title="label: NotionalInterestDeduction to label_NotionalInterestDeduction"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BelgianPatentIncomeDeductionPercentage" xlink:label="BelgianPatentIncomeDeductionPercentage" xlink:title="BelgianPatentIncomeDeductionPercentage"/>
    <link:label xlink:type="resource" xlink:label="label_BelgianPatentIncomeDeductionPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BelgianPatentIncomeDeductionPercentage" xml:lang="en-US" id="label_BelgianPatentIncomeDeductionPercentage">Belgian Patent Income Deduction %</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BelgianPatentIncomeDeductionPercentage" xlink:to="label_BelgianPatentIncomeDeductionPercentage" xlink:title="label: BelgianPatentIncomeDeductionPercentage to label_BelgianPatentIncomeDeductionPercentage"/>
    <link:label xlink:type="resource" xlink:label="label_BelgianPatentIncomeDeductionPercentage_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BelgianPatentIncomeDeductionPercentage" xml:lang="en-US" id="label_BelgianPatentIncomeDeductionPercentage_2">Belgian Patent Income Deduction in percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BelgianPatentIncomeDeductionPercentage" xlink:to="label_BelgianPatentIncomeDeductionPercentage_2" xlink:title="label: BelgianPatentIncomeDeductionPercentage to label_BelgianPatentIncomeDeductionPercentage"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxAssetsRecognisedForTaxLossesAndCredits" xlink:label="DeferredTaxAssetsRecognisedForTaxLossesAndCredits" xlink:title="DeferredTaxAssetsRecognisedForTaxLossesAndCredits"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxAssetsRecognisedForTaxLossesAndCredits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxAssetsRecognisedForTaxLossesAndCredits" xml:lang="en-US" id="label_DeferredTaxAssetsRecognisedForTaxLossesAndCredits">Deferred tax assets recognized</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:label="UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:title="UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxLossesUtilized" xlink:label="TaxLossesUtilized" xlink:title="TaxLossesUtilized"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxLossesUtilized" xlink:to="label_TaxLossesUtilized" xlink:title="label: TaxLossesUtilized to label_TaxLossesUtilized"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLoss" xlink:label="ImpairmentLossRecognisedInProfitOrLoss" xlink:title="ImpairmentLossRecognisedInProfitOrLoss"/>
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImpairmentLossRecognisedInProfitOrLoss" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLoss">Impairment charges on goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLoss" xlink:to="label_ImpairmentLossRecognisedInProfitOrLoss" xlink:title="label: ImpairmentLossRecognisedInProfitOrLoss to label_ImpairmentLossRecognisedInProfitOrLoss"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="DisclosureOfIntangibleAssetsAbstract" xlink:title="DisclosureOfIntangibleAssetsAbstract"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsAbstract" xlink:to="label_DisclosureOfIntangibleAssetsAbstract" xlink:title="label: DisclosureOfIntangibleAssetsAbstract to label_DisclosureOfIntangibleAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="DisclosureOfIntangibleAssetsTable" xlink:title="DisclosureOfIntangibleAssetsTable"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsTable" xlink:to="label_DisclosureOfIntangibleAssetsTable" xlink:title="label: DisclosureOfIntangibleAssetsTable to label_DisclosureOfIntangibleAssetsTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:title="ClassesOfIntangibleAssetsOtherThanGoodwillAxis"/>
    <link:label xlink:type="resource" xlink:label="label_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xml:lang="en-US" id="label_ClassesOfIntangibleAssetsOtherThanGoodwillAxis">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="label_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:title="label: ClassesOfIntangibleAssetsOtherThanGoodwillAxis to label_ClassesOfIntangibleAssetsOtherThanGoodwillAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="IntangibleAssetsOtherThanGoodwillMember" xlink:title="IntangibleAssetsOtherThanGoodwillMember"/>
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntangibleAssetsOtherThanGoodwillMember" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwillMember">Intangible assets other than goodwill [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwillMember" xlink:to="label_IntangibleAssetsOtherThanGoodwillMember" xlink:title="label: IntangibleAssetsOtherThanGoodwillMember to label_IntangibleAssetsOtherThanGoodwillMember"/>
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsOtherThanGoodwillMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IntangibleAssetsOtherThanGoodwillMember" xml:lang="en-US" id="label_IntangibleAssetsOtherThanGoodwillMember_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwillMember" xlink:to="label_IntangibleAssetsOtherThanGoodwillMember_2" xlink:title="label: IntangibleAssetsOtherThanGoodwillMember to label_IntangibleAssetsOtherThanGoodwillMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LicencesAndFranchisesMember" xlink:label="LicencesAndFranchisesMember" xlink:title="LicencesAndFranchisesMember"/>
    <link:label xlink:type="resource" xlink:label="label_LicencesAndFranchisesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LicencesAndFranchisesMember" xml:lang="en-US" id="label_LicencesAndFranchisesMember">Licences and franchises [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LicencesAndFranchisesMember" xlink:to="label_LicencesAndFranchisesMember" xlink:title="label: LicencesAndFranchisesMember to label_LicencesAndFranchisesMember"/>
    <link:label xlink:type="resource" xlink:label="label_LicencesAndFranchisesMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LicencesAndFranchisesMember" xml:lang="en-US" id="label_LicencesAndFranchisesMember_2">Patents and licenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LicencesAndFranchisesMember" xlink:to="label_LicencesAndFranchisesMember_2" xlink:title="label: LicencesAndFranchisesMember to label_LicencesAndFranchisesMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComputerSoftwareMember" xlink:label="ComputerSoftwareMember" xlink:title="ComputerSoftwareMember"/>
    <link:label xlink:type="resource" xlink:label="label_ComputerSoftwareMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComputerSoftwareMember" xml:lang="en-US" id="label_ComputerSoftwareMember">Computer software [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComputerSoftwareMember" xlink:to="label_ComputerSoftwareMember" xlink:title="label: ComputerSoftwareMember to label_ComputerSoftwareMember"/>
    <link:label xlink:type="resource" xlink:label="label_ComputerSoftwareMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ComputerSoftwareMember" xml:lang="en-US" id="label_ComputerSoftwareMember_2">Software</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComputerSoftwareMember" xlink:to="label_ComputerSoftwareMember_2" xlink:title="label: ComputerSoftwareMember to label_ComputerSoftwareMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TechnologybasedandCustomerrelatedIntangibleAssetsMember" xlink:label="TechnologybasedandCustomerrelatedIntangibleAssetsMember" xlink:title="TechnologybasedandCustomerrelatedIntangibleAssetsMember"/>
    <link:label xlink:type="resource" xlink:label="label_TechnologybasedandCustomerrelatedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TechnologybasedandCustomerrelatedIntangibleAssetsMember" xml:lang="en-US" id="label_TechnologybasedandCustomerrelatedIntangibleAssetsMember">Acquired customers and technology [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnologybasedandCustomerrelatedIntangibleAssetsMember" xlink:to="label_TechnologybasedandCustomerrelatedIntangibleAssetsMember" xlink:title="label: TechnologybasedandCustomerrelatedIntangibleAssetsMember to label_TechnologybasedandCustomerrelatedIntangibleAssetsMember"/>
    <link:label xlink:type="resource" xlink:label="label_TechnologybasedandCustomerrelatedIntangibleAssetsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TechnologybasedandCustomerrelatedIntangibleAssetsMember" xml:lang="en-US" id="label_TechnologybasedandCustomerrelatedIntangibleAssetsMember_2">Acquired customers and technology</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnologybasedandCustomerrelatedIntangibleAssetsMember" xlink:to="label_TechnologybasedandCustomerrelatedIntangibleAssetsMember_2" xlink:title="label: TechnologybasedandCustomerrelatedIntangibleAssetsMember to label_TechnologybasedandCustomerrelatedIntangibleAssetsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="DisclosureOfIntangibleAssetsLineItems" xlink:title="DisclosureOfIntangibleAssetsLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfIntangibleAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfIntangibleAssetsLineItems" xml:lang="en-US" id="label_DisclosureOfIntangibleAssetsLineItems">Disclosure of detailed information about intangible assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsLineItems" xlink:to="label_DisclosureOfIntangibleAssetsLineItems" xlink:title="label: DisclosureOfIntangibleAssetsLineItems to label_DisclosureOfIntangibleAssetsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">Additions other than through business combinations, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_2">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_2" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to label_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">Acquisitions through business combinations, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="label: AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_2">Acquisition of a subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_2" xlink:title="label: AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to label_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill" xlink:label="DisposalsIntangibleAssetsOtherThanGoodwill" xlink:title="DisposalsIntangibleAssetsOtherThanGoodwill"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsIntangibleAssetsOtherThanGoodwill" xlink:to="label_DisposalsIntangibleAssetsOtherThanGoodwill" xlink:title="label: DisposalsIntangibleAssetsOtherThanGoodwill to label_DisposalsIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_DisposalsIntangibleAssetsOtherThanGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisposalsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_DisposalsIntangibleAssetsOtherThanGoodwill_2">Disposals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsIntangibleAssetsOtherThanGoodwill" xlink:to="label_DisposalsIntangibleAssetsOtherThanGoodwill_2" xlink:title="label: DisposalsIntangibleAssetsOtherThanGoodwill to label_DisposalsIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_DisposalsIntangibleAssetsOtherThanGoodwill_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DisposalsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_DisposalsIntangibleAssetsOtherThanGoodwill_3">Disposals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsIntangibleAssetsOtherThanGoodwill" xlink:to="label_DisposalsIntangibleAssetsOtherThanGoodwill_3" xlink:title="label: DisposalsIntangibleAssetsOtherThanGoodwill to label_DisposalsIntangibleAssetsOtherThanGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:label="IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:title="IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill">Increase (decrease) through transfers, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:to="label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:title="label: IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill to label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_2">Transfer between accounts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:to="label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_2" xlink:title="label: IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill to label_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:label="IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:title="IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_2" xlink:title="label: IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill to label_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill" xlink:label="IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill" xlink:title="IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill">Increase (decrease) through other changes, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill" xlink:to="label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill" xlink:title="label: IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill to label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill_2">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill" xlink:to="label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill_2" xlink:title="label: IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill to label_IncreaseDecreaseThroughOtherChangesIntangibleAssetsOtherThanGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:title="DisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfPropertyPlantAndEquipmentAbstract" xml:lang="en-US" id="label_DisclosureOfPropertyPlantAndEquipmentAbstract">Disclosure of detailed information about property, plant and equipment [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="label_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentAbstract to label_DisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="DisclosureOfPropertyPlantAndEquipmentTable" xlink:title="DisclosureOfPropertyPlantAndEquipmentTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfPropertyPlantAndEquipmentTable" xml:lang="en-US" id="label_DisclosureOfPropertyPlantAndEquipmentTable">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="label_DisclosureOfPropertyPlantAndEquipmentTable" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentTable to label_DisclosureOfPropertyPlantAndEquipmentTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="ClassesOfPropertyPlantAndEquipmentAxis" xlink:title="ClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:label xlink:type="resource" xlink:label="label_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfPropertyPlantAndEquipmentAxis" xml:lang="en-US" id="label_ClassesOfPropertyPlantAndEquipmentAxis">Classes of property, plant and equipment [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="label_ClassesOfPropertyPlantAndEquipmentAxis" xlink:title="label: ClassesOfPropertyPlantAndEquipmentAxis to label_ClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="PropertyPlantAndEquipmentMember" xlink:title="PropertyPlantAndEquipmentMember"/>
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyPlantAndEquipmentMember" xml:lang="en-US" id="label_PropertyPlantAndEquipmentMember">Property, plant and equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentMember" xlink:to="label_PropertyPlantAndEquipmentMember" xlink:title="label: PropertyPlantAndEquipmentMember to label_PropertyPlantAndEquipmentMember"/>
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PropertyPlantAndEquipmentMember" xml:lang="en-US" id="label_PropertyPlantAndEquipmentMember_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentMember" xlink:to="label_PropertyPlantAndEquipmentMember_2" xlink:title="label: PropertyPlantAndEquipmentMember to label_PropertyPlantAndEquipmentMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LandAndBuildingsMember" xlink:label="LandAndBuildingsMember" xlink:title="LandAndBuildingsMember"/>
    <link:label xlink:type="resource" xlink:label="label_LandAndBuildingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LandAndBuildingsMember" xml:lang="en-US" id="label_LandAndBuildingsMember">Land and buildings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandAndBuildingsMember" xlink:to="label_LandAndBuildingsMember" xlink:title="label: LandAndBuildingsMember to label_LandAndBuildingsMember"/>
    <link:label xlink:type="resource" xlink:label="label_LandAndBuildingsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LandAndBuildingsMember" xml:lang="en-US" id="label_LandAndBuildingsMember_2">Land and buildings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandAndBuildingsMember" xlink:to="label_LandAndBuildingsMember_2" xlink:title="label: LandAndBuildingsMember to label_LandAndBuildingsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MachineryMember" xlink:label="MachineryMember" xlink:title="MachineryMember"/>
    <link:label xlink:type="resource" xlink:label="label_MachineryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MachineryMember" xml:lang="en-US" id="label_MachineryMember">Machinery [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryMember" xlink:to="label_MachineryMember" xlink:title="label: MachineryMember to label_MachineryMember"/>
    <link:label xlink:type="resource" xlink:label="label_MachineryMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MachineryMember" xml:lang="en-US" id="label_MachineryMember_2">Plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryMember" xlink:to="label_MachineryMember_2" xlink:title="label: MachineryMember to label_MachineryMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LeasedAssetsMember" xlink:label="LeasedAssetsMember" xlink:title="LeasedAssetsMember"/>
    <link:label xlink:type="resource" xlink:label="label_LeasedAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LeasedAssetsMember" xml:lang="en-US" id="label_LeasedAssetsMember">Leased assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeasedAssetsMember" xlink:to="label_LeasedAssetsMember" xlink:title="label: LeasedAssetsMember to label_LeasedAssetsMember"/>
    <link:label xlink:type="resource" xlink:label="label_LeasedAssetsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_LeasedAssetsMember" xml:lang="en-US" id="label_LeasedAssetsMember_2">Leased assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeasedAssetsMember" xlink:to="label_LeasedAssetsMember_2" xlink:title="label: LeasedAssetsMember to label_LeasedAssetsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ConstructionInProgressMember" xlink:label="ConstructionInProgressMember" xlink:title="ConstructionInProgressMember"/>
    <link:label xlink:type="resource" xlink:label="label_ConstructionInProgressMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConstructionInProgressMember" xml:lang="en-US" id="label_ConstructionInProgressMember">Construction in progress [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionInProgressMember" xlink:to="label_ConstructionInProgressMember" xlink:title="label: ConstructionInProgressMember to label_ConstructionInProgressMember"/>
    <link:label xlink:type="resource" xlink:label="label_ConstructionInProgressMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConstructionInProgressMember" xml:lang="en-US" id="label_ConstructionInProgressMember_2">Construction in progress</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionInProgressMember" xlink:to="label_ConstructionInProgressMember_2" xlink:title="label: ConstructionInProgressMember to label_ConstructionInProgressMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:title="DisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfPropertyPlantAndEquipmentLineItems" xml:lang="en-US" id="label_DisclosureOfPropertyPlantAndEquipmentLineItems">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="label_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentLineItems to label_DisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US" id="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">Additions other than through business combinations, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment to label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US" id="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_2">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_2" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment to label_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment">Acquisitions through business combinations, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="label: AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment to label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US" id="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_2">Acquired from business combinations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_2" xlink:title="label: AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment to label_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:label="DisposalsPropertyPlantAndEquipment" xlink:title="DisposalsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisposalsPropertyPlantAndEquipment" xml:lang="en-US" id="label_DisposalsPropertyPlantAndEquipment">Disposals, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsPropertyPlantAndEquipment" xlink:to="label_DisposalsPropertyPlantAndEquipment" xlink:title="label: DisposalsPropertyPlantAndEquipment to label_DisposalsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_DisposalsPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DisposalsPropertyPlantAndEquipment" xml:lang="en-US" id="label_DisposalsPropertyPlantAndEquipment_2">Disposals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsPropertyPlantAndEquipment" xlink:to="label_DisposalsPropertyPlantAndEquipment_2" xlink:title="label: DisposalsPropertyPlantAndEquipment to label_DisposalsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_DisposalsPropertyPlantAndEquipment_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DisposalsPropertyPlantAndEquipment" xml:lang="en-US" id="label_DisposalsPropertyPlantAndEquipment_3">Disposals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsPropertyPlantAndEquipment" xlink:to="label_DisposalsPropertyPlantAndEquipment_3" xlink:title="label: DisposalsPropertyPlantAndEquipment to label_DisposalsPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:label="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:title="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment">Increase (decrease) through transfers, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:title="label: IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment to label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_2">Transfers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_2" xlink:title="label: IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment to label_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:title="IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment">Increase (decrease) through net exchange differences, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:title="label: IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment to label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_2">Currency Translation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_2" xlink:title="label: IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment to label_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:label="IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:title="IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment">Increase (decrease) through other changes, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:title="label: IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment to label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_2">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:to="label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_2" xlink:title="label: IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment to label_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfJointVenturesAbstract" xlink:label="DisclosureOfJointVenturesAbstract" xlink:title="DisclosureOfJointVenturesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfJointVenturesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfJointVenturesAbstract" xml:lang="en-US" id="label_DisclosureOfJointVenturesAbstract">Disclosure of joint ventures [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVenturesAbstract" xlink:to="label_DisclosureOfJointVenturesAbstract" xlink:title="label: DisclosureOfJointVenturesAbstract to label_DisclosureOfJointVenturesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfJointVenturesTable" xlink:label="DisclosureOfJointVenturesTable" xlink:title="DisclosureOfJointVenturesTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfJointVenturesTable" xml:lang="en-US" id="label_DisclosureOfJointVenturesTable">Disclosure of joint ventures [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVenturesTable" xlink:to="label_DisclosureOfJointVenturesTable" xlink:title="label: DisclosureOfJointVenturesTable to label_DisclosureOfJointVenturesTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfJointVenturesLineItems" xlink:label="DisclosureOfJointVenturesLineItems" xlink:title="DisclosureOfJointVenturesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfJointVenturesLineItems" xml:lang="en-US" id="label_DisclosureOfJointVenturesLineItems">Disclosure of joint ventures [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVenturesLineItems" xlink:to="label_DisclosureOfJointVenturesLineItems" xlink:title="label: DisclosureOfJointVenturesLineItems to label_DisclosureOfJointVenturesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForJointVenturesMember" xlink:label="EntitysTotalForJointVenturesMember" xlink:title="EntitysTotalForJointVenturesMember"/>
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForJointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForJointVenturesMember" xml:lang="en-US" id="label_EntitysTotalForJointVenturesMember">Entity's total for joint ventures [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForJointVenturesMember" xlink:to="label_EntitysTotalForJointVenturesMember" xlink:title="label: EntitysTotalForJointVenturesMember to label_EntitysTotalForJointVenturesMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_RetainedEarnings">IFRS adjustment retained earnings 1/1/2016</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_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RetainedEarnings" xml:lang="en-US" id="label_RetainedEarnings_2">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_2" xlink:title="label: RetainedEarnings to label_RetainedEarnings"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RetainedEarningsAdjustment" xlink:label="RetainedEarningsAdjustment" xlink:title="RetainedEarningsAdjustment"/>
    <link:label xlink:type="resource" xlink:label="label_RetainedEarningsAdjustment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetainedEarningsAdjustment" xml:lang="en-US" id="label_RetainedEarningsAdjustment">IFRS adjustment retained earnings 1/1/2016 - 50%</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsAdjustment" xlink:to="label_RetainedEarningsAdjustment" xlink:title="label: RetainedEarningsAdjustment to label_RetainedEarningsAdjustment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilities" xlink:label="NoncurrentFinancialLiabilities" xlink:title="NoncurrentFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentFinancialLiabilities" xml:lang="en-US" id="label_NoncurrentFinancialLiabilities">Non-current financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentFinancialLiabilities" xlink:to="label_NoncurrentFinancialLiabilities" xlink:title="label: NoncurrentFinancialLiabilities to label_NoncurrentFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentFinancialLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentFinancialLiabilities" xml:lang="en-US" id="label_NoncurrentFinancialLiabilities_2">Total non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentFinancialLiabilities" xlink:to="label_NoncurrentFinancialLiabilities_2" xlink:title="label: NoncurrentFinancialLiabilities to label_NoncurrentFinancialLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentFinancialLiabilities" xlink:label="CurrentFinancialLiabilities" xlink:title="CurrentFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentFinancialLiabilities" xml:lang="en-US" id="label_CurrentFinancialLiabilities">Current financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentFinancialLiabilities" xlink:to="label_CurrentFinancialLiabilities" xlink:title="label: CurrentFinancialLiabilities to label_CurrentFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentFinancialLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentFinancialLiabilities" xml:lang="en-US" id="label_CurrentFinancialLiabilities_2">Total current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentFinancialLiabilities" xlink:to="label_CurrentFinancialLiabilities_2" xlink:title="label: CurrentFinancialLiabilities to label_CurrentFinancialLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DepreciationAndAmortisationExpense" xlink:label="DepreciationAndAmortisationExpense" xlink:title="DepreciationAndAmortisationExpense"/>
    <link:label xlink:type="resource" xlink:label="label_DepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DepreciationAndAmortisationExpense" xml:lang="en-US" id="label_DepreciationAndAmortisationExpense">Depreciation and amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="label_DepreciationAndAmortisationExpense" xlink:title="label: DepreciationAndAmortisationExpense to label_DepreciationAndAmortisationExpense"/>
    <link:label xlink:type="resource" xlink:label="label_DepreciationAndAmortisationExpense_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DepreciationAndAmortisationExpense" xml:lang="en-US" id="label_DepreciationAndAmortisationExpense_2">Depreciation, amortization and impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="label_DepreciationAndAmortisationExpense_2" xlink:title="label: DepreciationAndAmortisationExpense to label_DepreciationAndAmortisationExpense"/>
    <link:label xlink:type="resource" xlink:label="label_DepreciationAndAmortisationExpense_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DepreciationAndAmortisationExpense" xml:lang="en-US" id="label_DepreciationAndAmortisationExpense_3">Amortization and depreciation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="label_DepreciationAndAmortisationExpense_3" xlink:title="label: DepreciationAndAmortisationExpense to label_DepreciationAndAmortisationExpense"/>
    <link:label xlink:type="resource" xlink:label="label_DepreciationAndAmortisationExpense_4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DepreciationAndAmortisationExpense" xml:lang="en-US" id="label_DepreciationAndAmortisationExpense_4">Depreciation, amortization and impairment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="label_DepreciationAndAmortisationExpense_4" xlink:title="label: DepreciationAndAmortisationExpense to label_DepreciationAndAmortisationExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:label="InterestIncomeOnOtherFinancialAssets" xlink:title="InterestIncomeOnOtherFinancialAssets"/>
    <link:label xlink:type="resource" xlink:label="label_InterestIncomeOnOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InterestIncomeOnOtherFinancialAssets" xml:lang="en-US" id="label_InterestIncomeOnOtherFinancialAssets">Interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnOtherFinancialAssets" xlink:to="label_InterestIncomeOnOtherFinancialAssets" xlink:title="label: InterestIncomeOnOtherFinancialAssets to label_InterestIncomeOnOtherFinancialAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_InterestExpense" xml:lang="en-US" id="label_InterestExpense_2">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_2" xlink:title="label: InterestExpense to label_InterestExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_UnrecognisedShareOfLossesOfJointVentures" xlink:label="UnrecognisedShareOfLossesOfJointVentures" xlink:title="UnrecognisedShareOfLossesOfJointVentures"/>
    <link:label xlink:type="resource" xlink:label="label_UnrecognisedShareOfLossesOfJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnrecognisedShareOfLossesOfJointVentures" xml:lang="en-US" id="label_UnrecognisedShareOfLossesOfJointVentures">Unrecognized losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrecognisedShareOfLossesOfJointVentures" xlink:to="label_UnrecognisedShareOfLossesOfJointVentures" xlink:title="label: UnrecognisedShareOfLossesOfJointVentures to label_UnrecognisedShareOfLossesOfJointVentures"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:label="InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:title="InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xml:lang="en-US" id="label_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract">Investments in subsidiaries, joint ventures and associates [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:to="label_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:title="label: InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract to label_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:title="AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates" xml:lang="en-US" id="label_AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates">Additional investment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="label_AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:title="label: AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates to label_AdditionInInvestmentsInSubsidiariesJointVenturesAndAssociates"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousNoncurrentAssetsAbstract" xlink:label="MiscellaneousNoncurrentAssetsAbstract" xlink:title="MiscellaneousNoncurrentAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNoncurrentAssetsAbstract" xml:lang="en-US" id="label_MiscellaneousNoncurrentAssetsAbstract">Other non-current assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNoncurrentAssetsAbstract" xlink:to="label_MiscellaneousNoncurrentAssetsAbstract" xlink:title="label: MiscellaneousNoncurrentAssetsAbstract to label_MiscellaneousNoncurrentAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxCreditsOtherNoncurrentAssets" xlink:label="TaxCreditsOtherNoncurrentAssets" xlink:title="TaxCreditsOtherNoncurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_TaxCreditsOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxCreditsOtherNoncurrentAssets" xml:lang="en-US" id="label_TaxCreditsOtherNoncurrentAssets">Tax credits other non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxCreditsOtherNoncurrentAssets" xlink:to="label_TaxCreditsOtherNoncurrentAssets" xlink:title="label: TaxCreditsOtherNoncurrentAssets to label_TaxCreditsOtherNoncurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_TaxCreditsOtherNoncurrentAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxCreditsOtherNoncurrentAssets" xml:lang="en-US" id="label_TaxCreditsOtherNoncurrentAssets_2">Tax credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxCreditsOtherNoncurrentAssets" xlink:to="label_TaxCreditsOtherNoncurrentAssets_2" xlink:title="label: TaxCreditsOtherNoncurrentAssets to label_TaxCreditsOtherNoncurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LongtermDeposits" xlink:label="LongtermDeposits" xlink:title="LongtermDeposits"/>
    <link:label xlink:type="resource" xlink:label="label_LongtermDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LongtermDeposits" xml:lang="en-US" id="label_LongtermDeposits">Long-term deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermDeposits" xlink:to="label_LongtermDeposits" xlink:title="label: LongtermDeposits to label_LongtermDeposits"/>
    <link:label xlink:type="resource" xlink:label="label_LongtermDeposits_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_LongtermDeposits" xml:lang="en-US" id="label_LongtermDeposits_2">Guarantees and deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongtermDeposits" xlink:to="label_LongtermDeposits_2" xlink:title="label: LongtermDeposits to label_LongtermDeposits"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherOtherNoncurrentAssets" xlink:label="OtherOtherNoncurrentAssets" xlink:title="OtherOtherNoncurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_OtherOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherOtherNoncurrentAssets" xml:lang="en-US" id="label_OtherOtherNoncurrentAssets">Other other non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOtherNoncurrentAssets" xlink:to="label_OtherOtherNoncurrentAssets" xlink:title="label: OtherOtherNoncurrentAssets to label_OtherOtherNoncurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_OtherOtherNoncurrentAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherOtherNoncurrentAssets" xml:lang="en-US" id="label_OtherOtherNoncurrentAssets_2">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOtherNoncurrentAssets" xlink:to="label_OtherOtherNoncurrentAssets_2" xlink:title="label: OtherOtherNoncurrentAssets to label_OtherOtherNoncurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InventoryAbstract" xlink:label="InventoryAbstract" xlink:title="InventoryAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_InventoryAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InventoryAbstract" xml:lang="en-US" id="label_InventoryAbstract">Inventory and contracts in progress [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InventoryAbstract" xlink:to="label_InventoryAbstract" xlink:title="label: InventoryAbstract to label_InventoryAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RawMaterials" xlink:label="RawMaterials" xlink:title="RawMaterials"/>
    <link:label xlink:type="resource" xlink:label="label_RawMaterials" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RawMaterials" xml:lang="en-US" id="label_RawMaterials">Raw materials</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RawMaterials" xlink:to="label_RawMaterials" xlink:title="label: RawMaterials to label_RawMaterials"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_WorkInProgress" xlink:label="WorkInProgress" xlink:title="WorkInProgress"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InventoriesAtNetRealisableValue" xlink:label="InventoriesAtNetRealisableValue" xlink:title="InventoriesAtNetRealisableValue"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalAmountInventoryWrittenOffAsAnExpense" xlink:label="CostOfSalesRecognizedInInventory" xlink:title="CostOfSalesRecognizedInInventory"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSalesRecognizedInInventory" xlink:to="label_CostOfSalesRecognizedInInventory" xlink:title="label: CostOfSalesRecognizedInInventory to label_CostOfSalesRecognizedInInventory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousCurrentAssetsAbstract" xlink:label="MiscellaneousCurrentAssetsAbstract" xlink:title="MiscellaneousCurrentAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousCurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousCurrentAssetsAbstract" xml:lang="en-US" id="label_MiscellaneousCurrentAssetsAbstract">Miscellaneous current assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousCurrentAssetsAbstract" xlink:to="label_MiscellaneousCurrentAssetsAbstract" xlink:title="label: MiscellaneousCurrentAssetsAbstract to label_MiscellaneousCurrentAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredChargesOtherCurrentAssets" xlink:label="DeferredChargesOtherCurrentAssets" xlink:title="DeferredChargesOtherCurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredChargesOtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredChargesOtherCurrentAssets" xml:lang="en-US" id="label_DeferredChargesOtherCurrentAssets">Deferred charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredChargesOtherCurrentAssets" xlink:to="label_DeferredChargesOtherCurrentAssets" xlink:title="label: DeferredChargesOtherCurrentAssets to label_DeferredChargesOtherCurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxCreditsOtherCurrentAssets" xlink:label="TaxCreditsOtherCurrentAssets" xlink:title="TaxCreditsOtherCurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_TaxCreditsOtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxCreditsOtherCurrentAssets" xml:lang="en-US" id="label_TaxCreditsOtherCurrentAssets">Tax credits other current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxCreditsOtherCurrentAssets" xlink:to="label_TaxCreditsOtherCurrentAssets" xlink:title="label: TaxCreditsOtherCurrentAssets to label_TaxCreditsOtherCurrentAssets"/>
    <link:label xlink:type="resource" xlink:label="label_TaxCreditsOtherCurrentAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxCreditsOtherCurrentAssets" xml:lang="en-US" id="label_TaxCreditsOtherCurrentAssets_2">Tax credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxCreditsOtherCurrentAssets" xlink:to="label_TaxCreditsOtherCurrentAssets_2" xlink:title="label: TaxCreditsOtherCurrentAssets to label_TaxCreditsOtherCurrentAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentAccruedIncome" xlink:label="CurrentAccruedIncome" xlink:title="CurrentAccruedIncome"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentAccruedIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAccruedIncome" xml:lang="en-US" id="label_CurrentAccruedIncome">Accrued income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAccruedIncome" xlink:to="label_CurrentAccruedIncome" xlink:title="label: CurrentAccruedIncome to label_CurrentAccruedIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="CurrentReceivablesFromTaxesOtherThanIncomeTax"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentReceivablesFromTaxesOtherThanIncomeTax" xml:lang="en-US" id="label_CurrentReceivablesFromTaxesOtherThanIncomeTax">Other tax receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="label_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:title="label: CurrentReceivablesFromTaxesOtherThanIncomeTax to label_CurrentReceivablesFromTaxesOtherThanIncomeTax"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_OtherCurrentReceivables">Other non-trade 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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherCurrentReceivablesAbstract" xlink:label="TradeAndOtherCurrentReceivablesAbstract" xlink:title="TradeAndOtherCurrentReceivablesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherCurrentReceivablesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherCurrentReceivablesAbstract" xml:lang="en-US" id="label_TradeAndOtherCurrentReceivablesAbstract">Trade and other current receivables [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherCurrentReceivablesAbstract" xlink:to="label_TradeAndOtherCurrentReceivablesAbstract" xlink:title="label: TradeAndOtherCurrentReceivablesAbstract to label_TradeAndOtherCurrentReceivablesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TradeReceivablesGrossCarryingAmount" xlink:label="TradeReceivablesGrossCarryingAmount" xlink:title="TradeReceivablesGrossCarryingAmount"/>
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesGrossCarryingAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeReceivablesGrossCarryingAmount" xml:lang="en-US" id="label_TradeReceivablesGrossCarryingAmount">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesGrossCarryingAmount" xlink:to="label_TradeReceivablesGrossCarryingAmount" xlink:title="label: TradeReceivablesGrossCarryingAmount to label_TradeReceivablesGrossCarryingAmount"/>
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesGrossCarryingAmount_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesGrossCarryingAmount" xml:lang="en-US" id="label_TradeReceivablesGrossCarryingAmount_2">Trade receivables gross carrying amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesGrossCarryingAmount" xlink:to="label_TradeReceivablesGrossCarryingAmount_2" xlink:title="label: TradeReceivablesGrossCarryingAmount to label_TradeReceivablesGrossCarryingAmount"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TradeReceivablesAccumulatedAmortization" xlink:label="TradeReceivablesAccumulatedAmortization" xlink:title="TradeReceivablesAccumulatedAmortization"/>
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesAccumulatedAmortization" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesAccumulatedAmortization" xml:lang="en-US" id="label_TradeReceivablesAccumulatedAmortization">Amortization receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesAccumulatedAmortization" xlink:to="label_TradeReceivablesAccumulatedAmortization" xlink:title="label: TradeReceivablesAccumulatedAmortization to label_TradeReceivablesAccumulatedAmortization"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentLossReversalOfImpairmentLossOnTradeReceivablesAbstract" xlink:label="ImpairmentLossReversalOfImpairmentLossOnTradeReceivablesAbstract" xlink:title="ImpairmentLossReversalOfImpairmentLossOnTradeReceivablesAbstract"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossReversalOfImpairmentLossOnTradeReceivablesAbstract" xlink:to="label_ImpairmentLossReversalOfImpairmentLossOnTradeReceivablesAbstract_2" xlink:title="label: ImpairmentLossReversalOfImpairmentLossOnTradeReceivablesAbstract to label_ImpairmentLossReversalOfImpairmentLossOnTradeReceivablesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivablesBeginningOfPeriod" xlink:label="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivablesBeginningOfPeriod" xlink:title="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivablesBeginningOfPeriod"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:label="ImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="ImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="label: ImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ImpairmentLossRecognisedInProfitOrLossTradeReceivables" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLossTradeReceivables_2">Addition</link:label>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:label="UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="label: UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables" xml:lang="en-US" id="label_UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables_2">Usage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xlink:title="label: UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_UsageImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:label="ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="label: ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xml:lang="en-US" id="label_ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2">Reversal</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xlink:title="label: ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:label="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xml:lang="en-US" id="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables">Net impairment loss (reversal of impairment loss) recognised in profit or loss, trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:title="label: ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xml:lang="en-US" id="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2">At the beginning of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_2" xlink:title="label: ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xml:lang="en-US" id="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_3">At the end of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables" xlink:to="label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables_3" xlink:title="label: ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables to label_ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAndCashEquivalentsAbstract" xlink:label="CashAndCashEquivalentsAbstract" xlink:title="CashAndCashEquivalentsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalentsAbstract" xml:lang="en-US" id="label_CashAndCashEquivalentsAbstract">Cash and cash equivalents [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsAbstract" xlink:to="label_CashAndCashEquivalentsAbstract" xlink:title="label: CashAndCashEquivalentsAbstract to label_CashAndCashEquivalentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BalancesWithBanks" xlink:label="BalancesWithBanks" xlink:title="BalancesWithBanks"/>
    <link:label xlink:type="resource" xlink:label="label_BalancesWithBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BalancesWithBanks" xml:lang="en-US" id="label_BalancesWithBanks">Cash at bank</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesWithBanks" xlink:to="label_BalancesWithBanks" xlink:title="label: BalancesWithBanks to label_BalancesWithBanks"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashEquivalents" xlink:label="CashEquivalents" xlink:title="CashEquivalents"/>
    <link:label xlink:type="resource" xlink:label="label_CashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashEquivalents" xml:lang="en-US" id="label_CashEquivalents">Cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashEquivalents" xlink:to="label_CashEquivalents" xlink:title="label: CashEquivalents to label_CashEquivalents"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DurationInvestmentsHeldToMaturity" xlink:label="DurationInvestmentsHeldToMaturity" xlink:title="DurationInvestmentsHeldToMaturity"/>
    <link:label xlink:type="resource" xlink:label="label_DurationInvestmentsHeldToMaturity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DurationInvestmentsHeldToMaturity" xml:lang="en-US" id="label_DurationInvestmentsHeldToMaturity">Months</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DurationInvestmentsHeldToMaturity" xlink:to="label_DurationInvestmentsHeldToMaturity" xlink:title="label: DurationInvestmentsHeldToMaturity to label_DurationInvestmentsHeldToMaturity"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_JointVenturesAxis" xlink:label="JointVenturesAxis" xlink:title="JointVenturesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_JointVenturesAxis" xml:lang="en-US" id="label_JointVenturesAxis">Joint ventures [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JointVenturesAxis" xlink:to="label_JointVenturesAxis" xlink:title="label: JointVenturesAxis to label_JointVenturesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContributionToTheRevenueAndNetLossAbstract" xlink:label="ContributionToTheRevenueAndNetLossAbstract" xlink:title="ContributionToTheRevenueAndNetLossAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ContributionToTheRevenueAndNetLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContributionToTheRevenueAndNetLossAbstract" xml:lang="en-US" id="label_ContributionToTheRevenueAndNetLossAbstract">Contribution to the</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContributionToTheRevenueAndNetLossAbstract" xlink:to="label_ContributionToTheRevenueAndNetLossAbstract" xlink:title="label: ContributionToTheRevenueAndNetLossAbstract to label_ContributionToTheRevenueAndNetLossAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AcquisitionPriceInDocumentCurrency" xlink:label="AcquisitionPriceInDocumentCurrency" xlink:title="AcquisitionPriceInDocumentCurrency"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitionPriceInDocumentCurrency" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionPriceInDocumentCurrency" xml:lang="en-US" id="label_AcquisitionPriceInDocumentCurrency">Acquisition price in KGBP</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionPriceInDocumentCurrency" xlink:to="label_AcquisitionPriceInDocumentCurrency" xlink:title="label: AcquisitionPriceInDocumentCurrency to label_AcquisitionPriceInDocumentCurrency"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ProFormaRevenueAndProfitLossOfCombinedEntityAbstract" xlink:label="ProFormaRevenueAndProfitLossOfCombinedEntityAbstract" xlink:title="ProFormaRevenueAndProfitLossOfCombinedEntityAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ProFormaRevenueAndProfitLossOfCombinedEntityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProFormaRevenueAndProfitLossOfCombinedEntityAbstract" xml:lang="en-US" id="label_ProFormaRevenueAndProfitLossOfCombinedEntityAbstract">Pro forma</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProFormaRevenueAndProfitLossOfCombinedEntityAbstract" xlink:to="label_ProFormaRevenueAndProfitLossOfCombinedEntityAbstract" xlink:title="label: ProFormaRevenueAndProfitLossOfCombinedEntityAbstract to label_ProFormaRevenueAndProfitLossOfCombinedEntityAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueOfCombinedEntity" xlink:label="RevenueOfCombinedEntity" xlink:title="RevenueOfCombinedEntity"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueOfCombinedEntity" xml:lang="en-US" id="label_RevenueOfCombinedEntity">Revenue of combined entity as if combination occurred at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueOfCombinedEntity" xlink:to="label_RevenueOfCombinedEntity" xlink:title="label: RevenueOfCombinedEntity to label_RevenueOfCombinedEntity"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueOfCombinedEntity_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RevenueOfCombinedEntity" xml:lang="en-US" id="label_RevenueOfCombinedEntity_2">Revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueOfCombinedEntity" xlink:to="label_RevenueOfCombinedEntity_2" xlink:title="label: RevenueOfCombinedEntity to label_RevenueOfCombinedEntity"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueOfCombinedEntity_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_RevenueOfCombinedEntity" xml:lang="en-US" id="label_RevenueOfCombinedEntity_3">Proforma contribution revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueOfCombinedEntity" xlink:to="label_RevenueOfCombinedEntity_3" xlink:title="label: RevenueOfCombinedEntity to label_RevenueOfCombinedEntity"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossOfCombinedEntity" xlink:label="ProfitLossOfCombinedEntity" xlink:title="ProfitLossOfCombinedEntity"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProfitLossOfCombinedEntity" xml:lang="en-US" id="label_ProfitLossOfCombinedEntity">Profit (loss) of combined entity as if combination occurred at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossOfCombinedEntity" xlink:to="label_ProfitLossOfCombinedEntity" xlink:title="label: ProfitLossOfCombinedEntity to label_ProfitLossOfCombinedEntity"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossOfCombinedEntity_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ProfitLossOfCombinedEntity" xml:lang="en-US" id="label_ProfitLossOfCombinedEntity_2">Net profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossOfCombinedEntity" xlink:to="label_ProfitLossOfCombinedEntity_2" xlink:title="label: ProfitLossOfCombinedEntity to label_ProfitLossOfCombinedEntity"/>
    <link:label xlink:type="resource" xlink:label="label_ProfitLossOfCombinedEntity_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ProfitLossOfCombinedEntity" xml:lang="en-US" id="label_ProfitLossOfCombinedEntity_3">Proforma contribution net profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossOfCombinedEntity" xlink:to="label_ProfitLossOfCombinedEntity_3" xlink:title="label: ProfitLossOfCombinedEntity to label_ProfitLossOfCombinedEntity"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:title="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:label xlink:type="resource" xlink:label="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xml:lang="en-US" id="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:title="label: CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis to label_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="AccumulatedDepreciationAndAmortisationMember" xlink:title="AccumulatedDepreciationAndAmortisationMember"/>
    <link:label xlink:type="resource" xlink:label="label_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccumulatedDepreciationAndAmortisationMember" xml:lang="en-US" id="label_AccumulatedDepreciationAndAmortisationMember">Accumulated depreciation and amortisation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDepreciationAndAmortisationMember" xlink:to="label_AccumulatedDepreciationAndAmortisationMember" xlink:title="label: AccumulatedDepreciationAndAmortisationMember to label_AccumulatedDepreciationAndAmortisationMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherReservesAbstract" xlink:label="OtherReservesAbstract" xlink:title="OtherReservesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_OtherReservesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherReservesAbstract" xml:lang="en-US" id="label_OtherReservesAbstract">Other reserves [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReservesAbstract" xlink:to="label_OtherReservesAbstract" xlink:title="label: OtherReservesAbstract to label_OtherReservesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatutoryReserve" xlink:label="StatutoryReserve" xlink:title="StatutoryReserve"/>
    <link:label xlink:type="resource" xlink:label="label_StatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatutoryReserve" xml:lang="en-US" id="label_StatutoryReserve">Statutory reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatutoryReserve" xlink:to="label_StatutoryReserve" xlink:title="label: StatutoryReserve to label_StatutoryReserve"/>
    <link:label xlink:type="resource" xlink:label="label_StatutoryReserve_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_StatutoryReserve" xml:lang="en-US" id="label_StatutoryReserve_2">Legal reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatutoryReserve" xlink:to="label_StatutoryReserve_2" xlink:title="label: StatutoryReserve to label_StatutoryReserve"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_OtherReserves">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_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_OtherReserves" xml:lang="en-US" id="label_OtherReserves_2">Total 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_2" xlink:title="label: OtherReserves to label_OtherReserves"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousNoncurrentLiabilitiesAbstract" xlink:label="MiscellaneousNoncurrentLiabilitiesAbstract" xlink:title="MiscellaneousNoncurrentLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNoncurrentLiabilitiesAbstract" xml:lang="en-US" id="label_MiscellaneousNoncurrentLiabilitiesAbstract">Miscellaneous non-current liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNoncurrentLiabilitiesAbstract" xlink:to="label_MiscellaneousNoncurrentLiabilitiesAbstract" xlink:title="label: MiscellaneousNoncurrentLiabilitiesAbstract to label_MiscellaneousNoncurrentLiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:label="NoncurrentDerivativeFinancialLiabilities" xlink:title="NoncurrentDerivativeFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentDerivativeFinancialLiabilities" xml:lang="en-US" id="label_NoncurrentDerivativeFinancialLiabilities">Non-current derivative financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentDerivativeFinancialLiabilities" xlink:to="label_NoncurrentDerivativeFinancialLiabilities" xlink:title="label: NoncurrentDerivativeFinancialLiabilities to label_NoncurrentDerivativeFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentDerivativeFinancialLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentDerivativeFinancialLiabilities" xml:lang="en-US" id="label_NoncurrentDerivativeFinancialLiabilities_2">Written-put option Rapidfit+</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentDerivativeFinancialLiabilities" xlink:to="label_NoncurrentDerivativeFinancialLiabilities_2" xlink:title="label: NoncurrentDerivativeFinancialLiabilities to label_NoncurrentDerivativeFinancialLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xlink:label="ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xlink:title="ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate">Contingent consideration arrangements and indemnification assets recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xlink:title="label: ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate to label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate_2">Contingent consideration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate_2" xlink:title="label: ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate to label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate_3">Contingent consideration from business</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate_3" xlink:title="label: ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate to label_ContingentConsiderationArrangementsAndIndemnificationAssetsRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentAdvances" xlink:label="NoncurrentAdvances" xlink:title="NoncurrentAdvances"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAdvances" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAdvances" xml:lang="en-US" id="label_NoncurrentAdvances">Non-current advances received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAdvances" xlink:to="label_NoncurrentAdvances" xlink:title="label: NoncurrentAdvances to label_NoncurrentAdvances"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAdvances_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NoncurrentAdvances" xml:lang="en-US" id="label_NoncurrentAdvances_2">Advances received on contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAdvances" xlink:to="label_NoncurrentAdvances_2" xlink:title="label: NoncurrentAdvances to label_NoncurrentAdvances"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NoncurrentProvisionsForEmployeeBenefits" xml:lang="en-US" id="label_NoncurrentProvisionsForEmployeeBenefits_2">Provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentProvisionsForEmployeeBenefits" xlink:to="label_NoncurrentProvisionsForEmployeeBenefits_2" xlink:title="label: NoncurrentProvisionsForEmployeeBenefits to label_NoncurrentProvisionsForEmployeeBenefits"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherOtherNoncurrentLiabilities" xlink:label="OtherOtherNoncurrentLiabilities" xlink:title="OtherOtherNoncurrentLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_OtherOtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherOtherNoncurrentLiabilities" xml:lang="en-US" id="label_OtherOtherNoncurrentLiabilities">Other miscellaneous non-current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOtherNoncurrentLiabilities" xlink:to="label_OtherOtherNoncurrentLiabilities" xlink:title="label: OtherOtherNoncurrentLiabilities to label_OtherOtherNoncurrentLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_OtherOtherNoncurrentLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherOtherNoncurrentLiabilities" xml:lang="en-US" id="label_OtherOtherNoncurrentLiabilities_2">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOtherNoncurrentLiabilities" xlink:to="label_OtherOtherNoncurrentLiabilities_2" xlink:title="label: OtherOtherNoncurrentLiabilities to label_OtherOtherNoncurrentLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccrualsAndDeferredIncomeAbstract" xlink:label="AccrualsAndDeferredIncomeAbstract" xlink:title="AccrualsAndDeferredIncomeAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_AccrualsAndDeferredIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccrualsAndDeferredIncomeAbstract" xml:lang="en-US" id="label_AccrualsAndDeferredIncomeAbstract">Accruals and deferred income [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccrualsAndDeferredIncomeAbstract" xlink:to="label_AccrualsAndDeferredIncomeAbstract" xlink:title="label: AccrualsAndDeferredIncomeAbstract to label_AccrualsAndDeferredIncomeAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredMaintenanceAndLicense" xlink:label="DeferredMaintenanceAndLicense" xlink:title="DeferredMaintenanceAndLicense"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredMaintenanceAndLicense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredMaintenanceAndLicense" xml:lang="en-US" id="label_DeferredMaintenanceAndLicense">Deferred maintenance and license</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredMaintenanceAndLicense" xlink:to="label_DeferredMaintenanceAndLicense" xlink:title="label: DeferredMaintenanceAndLicense to label_DeferredMaintenanceAndLicense"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredProjectFees" xlink:label="DeferredProjectFees" xlink:title="DeferredProjectFees"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredProjectFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredProjectFees" xml:lang="en-US" id="label_DeferredProjectFees">Deferred (project) fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredProjectFees" xlink:to="label_DeferredProjectFees" xlink:title="label: DeferredProjectFees to label_DeferredProjectFees"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredGovernmentGrants" xlink:label="DeferredGovernmentGrants" xlink:title="DeferredGovernmentGrants"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredGovernmentGrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredGovernmentGrants" xml:lang="en-US" id="label_DeferredGovernmentGrants">Deferred government grants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredGovernmentGrants" xlink:to="label_DeferredGovernmentGrants" xlink:title="label: DeferredGovernmentGrants to label_DeferredGovernmentGrants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredOtherIncome" xlink:label="DeferredOtherIncome" xlink:title="DeferredOtherIncome"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredOtherIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredOtherIncome" xml:lang="en-US" id="label_DeferredOtherIncome">Deferred other income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredOtherIncome" xlink:to="label_DeferredOtherIncome" xlink:title="label: DeferredOtherIncome to label_DeferredOtherIncome"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredOtherIncome_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredOtherIncome" xml:lang="en-US" id="label_DeferredOtherIncome_2">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredOtherIncome" xlink:to="label_DeferredOtherIncome_2" xlink:title="label: DeferredOtherIncome to label_DeferredOtherIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredIncome" xlink:label="DeferredIncome_2" xlink:title="DeferredIncome"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncome_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncome" xml:lang="en-US" id="label_DeferredIncome_2">Deferred income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncome_2" xlink:to="label_DeferredIncome_2" xlink:title="label: DeferredIncome to label_DeferredIncome"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncome_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_DeferredIncome" xml:lang="en-US" id="label_DeferredIncome_3">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncome_2" xlink:to="label_DeferredIncome_3" xlink:title="label: DeferredIncome to label_DeferredIncome"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CurrentAndNonCurrentAssetsAbstract" xlink:label="CurrentAndNonCurrentAssetsAbstract" xlink:title="CurrentAndNonCurrentAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentAndNonCurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAndNonCurrentAssetsAbstract" xml:lang="en-US" id="label_CurrentAndNonCurrentAssetsAbstract">Current and non-current assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAndNonCurrentAssetsAbstract" xlink:to="label_CurrentAndNonCurrentAssetsAbstract" xlink:title="label: CurrentAndNonCurrentAssetsAbstract to label_CurrentAndNonCurrentAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentAndNonCurrentAssetsAbstract_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentAndNonCurrentAssetsAbstract" xml:lang="en-US" id="label_CurrentAndNonCurrentAssetsAbstract_2">of which</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAndNonCurrentAssetsAbstract" xlink:to="label_CurrentAndNonCurrentAssetsAbstract_2" xlink:title="label: CurrentAndNonCurrentAssetsAbstract to label_CurrentAndNonCurrentAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousCurrentLiabilitiesAbstract" xlink:label="MiscellaneousCurrentLiabilitiesAbstract" xlink:title="MiscellaneousCurrentLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousCurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousCurrentLiabilitiesAbstract" xml:lang="en-US" id="label_MiscellaneousCurrentLiabilitiesAbstract">Miscellaneous current liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousCurrentLiabilitiesAbstract" xlink:to="label_MiscellaneousCurrentLiabilitiesAbstract" xlink:title="label: MiscellaneousCurrentLiabilitiesAbstract to label_MiscellaneousCurrentLiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShorttermEmployeeBenefitsAccruals" xlink:label="ShorttermEmployeeBenefitsAccruals" xlink:title="ShorttermEmployeeBenefitsAccruals"/>
    <link:label xlink:type="resource" xlink:label="label_ShorttermEmployeeBenefitsAccruals" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShorttermEmployeeBenefitsAccruals" xml:lang="en-US" id="label_ShorttermEmployeeBenefitsAccruals">Short-term employee benefits accruals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermEmployeeBenefitsAccruals" xlink:to="label_ShorttermEmployeeBenefitsAccruals" xlink:title="label: ShorttermEmployeeBenefitsAccruals to label_ShorttermEmployeeBenefitsAccruals"/>
    <link:label xlink:type="resource" xlink:label="label_ShorttermEmployeeBenefitsAccruals_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ShorttermEmployeeBenefitsAccruals" xml:lang="en-US" id="label_ShorttermEmployeeBenefitsAccruals_2">Payroll-related liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermEmployeeBenefitsAccruals" xlink:to="label_ShorttermEmployeeBenefitsAccruals_2" xlink:title="label: ShorttermEmployeeBenefitsAccruals to label_ShorttermEmployeeBenefitsAccruals"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccrualsClassifiedAsCurrent" xlink:label="AccrualsClassifiedAsCurrent" xlink:title="AccrualsClassifiedAsCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_AccrualsClassifiedAsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AccrualsClassifiedAsCurrent" xml:lang="en-US" id="label_AccrualsClassifiedAsCurrent">Accruals classified as current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccrualsClassifiedAsCurrent" xlink:to="label_AccrualsClassifiedAsCurrent" xlink:title="label: AccrualsClassifiedAsCurrent to label_AccrualsClassifiedAsCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_AccrualsClassifiedAsCurrent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AccrualsClassifiedAsCurrent" xml:lang="en-US" id="label_AccrualsClassifiedAsCurrent_2">Accrued charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccrualsClassifiedAsCurrent" xlink:to="label_AccrualsClassifiedAsCurrent_2" xlink:title="label: AccrualsClassifiedAsCurrent to label_AccrualsClassifiedAsCurrent"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentAdvances" xlink:label="CurrentAdvances" xlink:title="CurrentAdvances"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentAdvances" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAdvances" xml:lang="en-US" id="label_CurrentAdvances">Current advances received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAdvances" xlink:to="label_CurrentAdvances" xlink:title="label: CurrentAdvances to label_CurrentAdvances"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentAdvances_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CurrentAdvances" xml:lang="en-US" id="label_CurrentAdvances_2">Advances received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAdvances" xlink:to="label_CurrentAdvances_2" xlink:title="label: CurrentAdvances to label_CurrentAdvances"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherCurrentPayables" xlink:label="OtherCurrentPayables" xlink:title="OtherCurrentPayables"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentPayables" xml:lang="en-US" id="label_OtherCurrentPayables">Other current payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentPayables" xlink:to="label_OtherCurrentPayables" xlink:title="label: OtherCurrentPayables to label_OtherCurrentPayables"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentPayables_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherCurrentPayables" xml:lang="en-US" id="label_OtherCurrentPayables_2">Other current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentPayables" xlink:to="label_OtherCurrentPayables_2" xlink:title="label: OtherCurrentPayables to label_OtherCurrentPayables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:label="DisclosureOfOperatingSegmentsAbstract" xlink:title="DisclosureOfOperatingSegmentsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOperatingSegmentsAbstract" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsAbstract">Disclosure of operating segments [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsAbstract" xlink:to="label_DisclosureOfOperatingSegmentsAbstract" xlink:title="label: DisclosureOfOperatingSegmentsAbstract to label_DisclosureOfOperatingSegmentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="DisclosureOfOperatingSegmentsTable" xlink:title="DisclosureOfOperatingSegmentsTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOperatingSegmentsTable" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsTable">Disclosure of operating segments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsTable" xlink:to="label_DisclosureOfOperatingSegmentsTable" xlink:title="label: DisclosureOfOperatingSegmentsTable to label_DisclosureOfOperatingSegmentsTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SegmentConsolidationItemsAxis" xlink:label="SegmentConsolidationItemsAxis" xlink:title="SegmentConsolidationItemsAxis"/>
    <link:label xlink:type="resource" xlink:label="label_SegmentConsolidationItemsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentConsolidationItemsAxis" xml:lang="en-US" id="label_SegmentConsolidationItemsAxis">Segment consolidation items [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentConsolidationItemsAxis" xlink:to="label_SegmentConsolidationItemsAxis" xlink:title="label: SegmentConsolidationItemsAxis to label_SegmentConsolidationItemsAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OperatingSegmentsMaterialiseSoftwareMember" xlink:label="OperatingSegmentsMaterialiseSoftwareMember" xlink:title="OperatingSegmentsMaterialiseSoftwareMember"/>
    <link:label xlink:type="resource" xlink:label="label_OperatingSegmentsMaterialiseSoftwareMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperatingSegmentsMaterialiseSoftwareMember" xml:lang="en-US" id="label_OperatingSegmentsMaterialiseSoftwareMember">Materialise Software</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingSegmentsMaterialiseSoftwareMember" xlink:to="label_OperatingSegmentsMaterialiseSoftwareMember" xlink:title="label: OperatingSegmentsMaterialiseSoftwareMember to label_OperatingSegmentsMaterialiseSoftwareMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EntitysTotalForSegmentConsolidationItemsMember" xlink:label="EntitysTotalForSegmentConsolidationItemsMember" xlink:title="EntitysTotalForSegmentConsolidationItemsMember"/>
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForSegmentConsolidationItemsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntitysTotalForSegmentConsolidationItemsMember" xml:lang="en-US" id="label_EntitysTotalForSegmentConsolidationItemsMember">Entity's total for segment consolidation items [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSegmentConsolidationItemsMember" xlink:to="label_EntitysTotalForSegmentConsolidationItemsMember" xlink:title="label: EntitysTotalForSegmentConsolidationItemsMember to label_EntitysTotalForSegmentConsolidationItemsMember"/>
    <link:label xlink:type="resource" xlink:label="label_EntitysTotalForSegmentConsolidationItemsMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EntitysTotalForSegmentConsolidationItemsMember" xml:lang="en-US" id="label_EntitysTotalForSegmentConsolidationItemsMember_2">Total segments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSegmentConsolidationItemsMember" xlink:to="label_EntitysTotalForSegmentConsolidationItemsMember_2" xlink:title="label: EntitysTotalForSegmentConsolidationItemsMember to label_EntitysTotalForSegmentConsolidationItemsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OperatingSegmentsMaterialiseMedicalMember" xlink:label="OperatingSegmentsMaterialiseMedicalMember" xlink:title="OperatingSegmentsMaterialiseMedicalMember"/>
    <link:label xlink:type="resource" xlink:label="label_OperatingSegmentsMaterialiseMedicalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperatingSegmentsMaterialiseMedicalMember" xml:lang="en-US" id="label_OperatingSegmentsMaterialiseMedicalMember">Materialise Medical</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingSegmentsMaterialiseMedicalMember" xlink:to="label_OperatingSegmentsMaterialiseMedicalMember" xlink:title="label: OperatingSegmentsMaterialiseMedicalMember to label_OperatingSegmentsMaterialiseMedicalMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OperatingSegmentsMaterialiseMember" xlink:label="OperatingSegmentsMember" xlink:title="OperatingSegmentsMember"/>
    <link:label xlink:type="resource" xlink:label="label_OperatingSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperatingSegmentsMember" xml:lang="en-US" id="label_OperatingSegmentsMember">Materialise Manufacturing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingSegmentsMember" xlink:to="label_OperatingSegmentsMember" xlink:title="label: OperatingSegmentsMember to label_OperatingSegmentsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MaterialReconcilingItemsMember" xlink:label="MaterialReconcilingItemsMember" xlink:title="MaterialReconcilingItemsMember"/>
    <link:label xlink:type="resource" xlink:label="label_MaterialReconcilingItemsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaterialReconcilingItemsMember" xml:lang="en-US" id="label_MaterialReconcilingItemsMember">Material reconciling items [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaterialReconcilingItemsMember" xlink:to="label_MaterialReconcilingItemsMember" xlink:title="label: MaterialReconcilingItemsMember to label_MaterialReconcilingItemsMember"/>
    <link:label xlink:type="resource" xlink:label="label_MaterialReconcilingItemsMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_MaterialReconcilingItemsMember" xml:lang="en-US" id="label_MaterialReconcilingItemsMember_2">Adjustments and eliminations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaterialReconcilingItemsMember" xlink:to="label_MaterialReconcilingItemsMember_2" xlink:title="label: MaterialReconcilingItemsMember to label_MaterialReconcilingItemsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="DisclosureOfOperatingSegmentsLineItems" xlink:title="DisclosureOfOperatingSegmentsLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOperatingSegmentsLineItems" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsLineItems">Disclosure of operating segments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsLineItems" xlink:to="label_DisclosureOfOperatingSegmentsLineItems" xlink:title="label: DisclosureOfOperatingSegmentsLineItems to label_DisclosureOfOperatingSegmentsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_Ebitda" xlink:label="Ebitda" xlink:title="Ebitda"/>
    <link:label xlink:type="resource" xlink:label="label_Ebitda" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Ebitda" xml:lang="en-US" id="label_Ebitda">Segment EBITDA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Ebitda" xlink:to="label_Ebitda" xlink:title="label: Ebitda to label_Ebitda"/>
    <link:label xlink:type="resource" xlink:label="label_Ebitda_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Ebitda" xml:lang="en-US" id="label_Ebitda_2">Segment EBITDA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Ebitda" xlink:to="label_Ebitda_2" xlink:title="label: Ebitda to label_Ebitda"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EbitdaPercent" xlink:label="EbitdaPercent" xlink:title="EbitdaPercent"/>
    <link:label xlink:type="resource" xlink:label="label_EbitdaPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EbitdaPercent" xml:lang="en-US" id="label_EbitdaPercent">Segment EBITDA %</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EbitdaPercent" xlink:to="label_EbitdaPercent" xlink:title="label: EbitdaPercent to label_EbitdaPercent"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="SegmentsAxis" xlink:title="SegmentsAxis"/>
    <link:label xlink:type="resource" xlink:label="label_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentsAxis" xml:lang="en-US" id="label_SegmentsAxis">Segments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsAxis" xlink:to="label_SegmentsAxis" xlink:title="label: SegmentsAxis to label_SegmentsAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CorporateResearchAndDevelopmentExpense" xlink:label="CorporateResearchAndDevelopmentExpense" xlink:title="CorporateResearchAndDevelopmentExpense"/>
    <link:label xlink:type="resource" xlink:label="label_CorporateResearchAndDevelopmentExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CorporateResearchAndDevelopmentExpense" xml:lang="en-US" id="label_CorporateResearchAndDevelopmentExpense">Corporate research and development</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateResearchAndDevelopmentExpense" xlink:to="label_CorporateResearchAndDevelopmentExpense" xlink:title="label: CorporateResearchAndDevelopmentExpense to label_CorporateResearchAndDevelopmentExpense"/>
    <link:label xlink:type="resource" xlink:label="label_CorporateResearchAndDevelopmentExpense_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CorporateResearchAndDevelopmentExpense" xml:lang="en-US" id="label_CorporateResearchAndDevelopmentExpense_2">Corporate research and development</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateResearchAndDevelopmentExpense" xlink:to="label_CorporateResearchAndDevelopmentExpense_2" xlink:title="label: CorporateResearchAndDevelopmentExpense to label_CorporateResearchAndDevelopmentExpense"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CorporateHeadquarterExpense" xlink:label="CorporateHeadquarterExpense" xlink:title="CorporateHeadquarterExpense"/>
    <link:label xlink:type="resource" xlink:label="label_CorporateHeadquarterExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CorporateHeadquarterExpense" xml:lang="en-US" id="label_CorporateHeadquarterExpense">Corporate headquarter costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateHeadquarterExpense" xlink:to="label_CorporateHeadquarterExpense" xlink:title="label: CorporateHeadquarterExpense to label_CorporateHeadquarterExpense"/>
    <link:label xlink:type="resource" xlink:label="label_CorporateHeadquarterExpense_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_CorporateHeadquarterExpense" xml:lang="en-US" id="label_CorporateHeadquarterExpense_2">Corporate headquarter costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateHeadquarterExpense" xlink:to="label_CorporateHeadquarterExpense_2" xlink:title="label: CorporateHeadquarterExpense to label_CorporateHeadquarterExpense"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherOperatingIncome" xlink:label="OtherOperatingIncome" xlink:title="OtherOperatingIncome"/>
    <link:label xlink:type="resource" xlink:label="label_OtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherOperatingIncome" xml:lang="en-US" id="label_OtherOperatingIncome">Other operating income (expense)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherOperatingIncome" xlink:to="label_OtherOperatingIncome" xlink:title="label: OtherOperatingIncome to label_OtherOperatingIncome"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract" xlink:label="RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract" xlink:title="RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract" xml:lang="en-US" id="label_RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract">Remaining amortization method [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract" xlink:to="label_RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract" xlink:title="label: RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract to label_RemainingAmortizationPeriodOnIntangiblesResultingFromBusinessCombinationsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InternallyGeneratedMember" xlink:label="InternallyGeneratedMember" xlink:title="InternallyGeneratedMember"/>
    <link:label xlink:type="resource" xlink:label="label_InternallyGeneratedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InternallyGeneratedMember" xml:lang="en-US" id="label_InternallyGeneratedMember">Internally generated [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternallyGeneratedMember" xlink:to="label_InternallyGeneratedMember" xlink:title="label: InternallyGeneratedMember to label_InternallyGeneratedMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview" xlink:label="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview" xlink:title="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview" xml:lang="en-US" id="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview">Orthoview</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview" xlink:to="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview" xlink:title="label: RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview to label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview" xml:lang="en-US" id="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview_2">Remaining amortization Orthoview</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview" xlink:to="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview_2" xlink:title="label: RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview to label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionOrthview"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy" xlink:label="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy" xlink:title="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy" xml:lang="en-US" id="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy">E-Prototypy</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy" xlink:to="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy" xlink:title="label: RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy to label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionEPrototypy"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat" xlink:label="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat" xlink:title="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat" xml:lang="en-US" id="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat">Cenat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat" xlink:to="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat" xlink:title="label: RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat to label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat" xml:lang="en-US" id="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat_2">Remaining amortization Cenat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat" xlink:to="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat_2" xlink:title="label: RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat to label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionCenat"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalExpendituresAbstract" xlink:label="CapitalExpendituresAbstract" xlink:title="CapitalExpendituresAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalExpendituresAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalExpendituresAbstract" xml:lang="en-US" id="label_CapitalExpendituresAbstract">Capital expenditures [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalExpendituresAbstract" xlink:to="label_CapitalExpendituresAbstract" xlink:title="label: CapitalExpendituresAbstract to label_CapitalExpendituresAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment" xlink:label="IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment" xlink:title="IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment">new machines and installations acquired and leased</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment" xlink:to="label_IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment" xlink:title="label: IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment to label_IncreaseThroughNewMachinesAndInstallationsPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseThroughComputerEquipmentPropertyPlantAndEquipment" xlink:label="IncreaseThroughComputerEquipmentPropertyPlantAndEquipment" xlink:title="IncreaseThroughComputerEquipmentPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughComputerEquipmentPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseThroughComputerEquipmentPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseThroughComputerEquipmentPropertyPlantAndEquipment">computer and IT infrastructure</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughComputerEquipmentPropertyPlantAndEquipment" xlink:to="label_IncreaseThroughComputerEquipmentPropertyPlantAndEquipment" xlink:title="label: IncreaseThroughComputerEquipmentPropertyPlantAndEquipment to label_IncreaseThroughComputerEquipmentPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseThroughAcquiredLandPropertyPlantAndEquipment" xlink:label="IncreaseThroughAcquiredLandPropertyPlantAndEquipment" xlink:title="IncreaseThroughAcquiredLandPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughAcquiredLandPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseThroughAcquiredLandPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseThroughAcquiredLandPropertyPlantAndEquipment">acquired land in Leuven</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughAcquiredLandPropertyPlantAndEquipment" xlink:to="label_IncreaseThroughAcquiredLandPropertyPlantAndEquipment" xlink:title="label: IncreaseThroughAcquiredLandPropertyPlantAndEquipment to label_IncreaseThroughAcquiredLandPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment" xlink:label="IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment" xlink:title="IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment">acquired to Poland</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment" xlink:to="label_IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment" xlink:title="label: IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment to label_IncreaseThroughAcquiredLandPolandPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment" xlink:label="IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment" xlink:title="IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment">new building constructions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment" xlink:to="label_IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment" xlink:title="label: IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment to label_IncreaseThroughBuildingConstructionsPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment" xlink:label="IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment" xlink:title="IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment">Increase through other acquisitions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment" xlink:to="label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment" xlink:title="label: IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment to label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment" xml:lang="en-US" id="label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment_2">other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment" xlink:to="label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment_2" xlink:title="label: IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment to label_IncreaseThroughOtherAcquisitionsPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment" xlink:label="LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment" xlink:title="LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment" xml:lang="en-US" id="label_LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment">AUC land and buildings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment" xlink:to="label_LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment" xlink:title="label: LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment to label_LandAndBuildingsInAssetsUnderConstructionPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:label="TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:title="TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment" xml:lang="en-US" id="label_TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment">Finance leases - machines, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:to="label_TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:title="label: TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment to label_TotalNetFinanceLeasesMachineryPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment" xlink:label="TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment" xlink:title="TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment" xml:lang="en-US" id="label_TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment">Finance leases - building, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment" xlink:to="label_TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment" xlink:title="label: TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment to label_TotalNetFinanceLeasesBuildingsPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalNetFinanceLeasesPropertyPlantAndEquipment" xlink:label="TotalNetFinanceLeasesPropertyPlantAndEquipment" xlink:title="TotalNetFinanceLeasesPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_TotalNetFinanceLeasesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalNetFinanceLeasesPropertyPlantAndEquipment" xml:lang="en-US" id="label_TotalNetFinanceLeasesPropertyPlantAndEquipment">Finance leases - total, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalNetFinanceLeasesPropertyPlantAndEquipment" xlink:to="label_TotalNetFinanceLeasesPropertyPlantAndEquipment" xlink:title="label: TotalNetFinanceLeasesPropertyPlantAndEquipment to label_TotalNetFinanceLeasesPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BorrowingCostsCapitalised" xlink:label="BorrowingCostsCapitalised" xlink:title="BorrowingCostsCapitalised"/>
    <link:label xlink:type="resource" xlink:label="label_BorrowingCostsCapitalised" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingCostsCapitalised" xml:lang="en-US" id="label_BorrowingCostsCapitalised">Borrowing costs capitalised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingCostsCapitalised" xlink:to="label_BorrowingCostsCapitalised" xlink:title="label: BorrowingCostsCapitalised to label_BorrowingCostsCapitalised"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:label="PropertyPlantAndEquipmentPledgedAsSecurity" xlink:title="PropertyPlantAndEquipmentPledgedAsSecurity"/>
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyPlantAndEquipmentPledgedAsSecurity" xml:lang="en-US" id="label_PropertyPlantAndEquipmentPledgedAsSecurity">Property, plant and equipment, pledged as security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentPledgedAsSecurity" xlink:to="label_PropertyPlantAndEquipmentPledgedAsSecurity" xlink:title="label: PropertyPlantAndEquipmentPledgedAsSecurity to label_PropertyPlantAndEquipmentPledgedAsSecurity"/>
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentPledgedAsSecurity_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_PropertyPlantAndEquipmentPledgedAsSecurity" xml:lang="en-US" id="label_PropertyPlantAndEquipmentPledgedAsSecurity_2">Land and building pledges - carrying value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentPledgedAsSecurity" xlink:to="label_PropertyPlantAndEquipmentPledgedAsSecurity_2" xlink:title="label: PropertyPlantAndEquipmentPledgedAsSecurity to label_PropertyPlantAndEquipmentPledgedAsSecurity"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AdditionsFinanceLeasesPropertyPlantAndEquipment" xlink:label="AdditionsFinanceLeasesPropertyPlantAndEquipment" xlink:title="AdditionsFinanceLeasesPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionsFinanceLeasesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsFinanceLeasesPropertyPlantAndEquipment" xml:lang="en-US" id="label_AdditionsFinanceLeasesPropertyPlantAndEquipment">New finance leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsFinanceLeasesPropertyPlantAndEquipment" xlink:to="label_AdditionsFinanceLeasesPropertyPlantAndEquipment" xlink:title="label: AdditionsFinanceLeasesPropertyPlantAndEquipment to label_AdditionsFinanceLeasesPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PurchaseOfGoodsAndServicesExpense" xlink:label="PurchaseOfGoodsAndServicesExpense" xlink:title="PurchaseOfGoodsAndServicesExpense"/>
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfGoodsAndServicesExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseOfGoodsAndServicesExpense" xml:lang="en-US" id="label_PurchaseOfGoodsAndServicesExpense">Purchase of goods and services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfGoodsAndServicesExpense" xlink:to="label_PurchaseOfGoodsAndServicesExpense" xlink:title="label: PurchaseOfGoodsAndServicesExpense to label_PurchaseOfGoodsAndServicesExpense"/>
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfGoodsAndServicesExpense_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PurchaseOfGoodsAndServicesExpense" xml:lang="en-US" id="label_PurchaseOfGoodsAndServicesExpense_2">Purchase of goods and services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfGoodsAndServicesExpense" xlink:to="label_PurchaseOfGoodsAndServicesExpense_2" xlink:title="label: PurchaseOfGoodsAndServicesExpense to label_PurchaseOfGoodsAndServicesExpense"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CostOfSalesTable" xlink:label="CostOfSalesTable" xlink:title="CostOfSalesTable"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfSalesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CostOfSalesTable" xml:lang="en-US" id="label_CostOfSalesTable">Cost of sales [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSalesTable" xlink:to="label_CostOfSalesTable" xlink:title="label: CostOfSalesTable to label_CostOfSalesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CostOfSalesAxis" xlink:label="CostOfSalesAxis" xlink:title="CostOfSalesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfSalesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CostOfSalesAxis" xml:lang="en-US" id="label_CostOfSalesAxis">Cost of sales [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSalesAxis" xlink:to="label_CostOfSalesAxis" xlink:title="label: CostOfSalesAxis to label_CostOfSalesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalCostOfSalesMember" xlink:label="TotalCostOfSalesMember" xlink:title="TotalCostOfSalesMember"/>
    <link:label xlink:type="resource" xlink:label="label_TotalCostOfSalesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalCostOfSalesMember" xml:lang="en-US" id="label_TotalCostOfSalesMember">Total cost of sales [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalCostOfSalesMember" xlink:to="label_TotalCostOfSalesMember" xlink:title="label: TotalCostOfSalesMember to label_TotalCostOfSalesMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EmployeeBenefitsExpense" xlink:label="EmployeeBenefitsExpense" xlink:title="EmployeeBenefitsExpense"/>
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EmployeeBenefitsExpense" xml:lang="en-US" id="label_EmployeeBenefitsExpense">Employee benefits expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense" xlink:title="label: EmployeeBenefitsExpense to label_EmployeeBenefitsExpense"/>
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_EmployeeBenefitsExpense" xml:lang="en-US" id="label_EmployeeBenefitsExpense_2">Payroll expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_2" xlink:title="label: EmployeeBenefitsExpense to label_EmployeeBenefitsExpense"/>
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EmployeeBenefitsExpense" xml:lang="en-US" id="label_EmployeeBenefitsExpense_3">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_3" xlink:title="label: EmployeeBenefitsExpense to label_EmployeeBenefitsExpense"/>
    <link:label xlink:type="resource" xlink:label="label_EmployeeBenefitsExpense_4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_EmployeeBenefitsExpense" xml:lang="en-US" id="label_EmployeeBenefitsExpense_4">Payroll expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="label_EmployeeBenefitsExpense_4" xlink:title="label: EmployeeBenefitsExpense to label_EmployeeBenefitsExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherExpenseByNature" xlink:label="OtherExpenseByNature" xlink:title="OtherExpenseByNature"/>
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByNature" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherExpenseByNature" xml:lang="en-US" id="label_OtherExpenseByNature">Other expenses, by nature</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByNature" xlink:to="label_OtherExpenseByNature" xlink:title="label: OtherExpenseByNature to label_OtherExpenseByNature"/>
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByNature_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherExpenseByNature" xml:lang="en-US" id="label_OtherExpenseByNature_2">Other expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByNature" xlink:to="label_OtherExpenseByNature_2" xlink:title="label: OtherExpenseByNature to label_OtherExpenseByNature"/>
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByNature_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherExpenseByNature" xml:lang="en-US" id="label_OtherExpenseByNature_3">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByNature" xlink:to="label_OtherExpenseByNature_3" xlink:title="label: OtherExpenseByNature to label_OtherExpenseByNature"/>
    <link:label xlink:type="resource" xlink:label="label_OtherExpenseByNature_4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherExpenseByNature" xml:lang="en-US" id="label_OtherExpenseByNature_4">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByNature" xlink:to="label_OtherExpenseByNature_4" xlink:title="label: OtherExpenseByNature to label_OtherExpenseByNature"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfGeographicalAreasAbstract" xlink:label="DisclosureOfGeographicalAreasAbstract" xlink:title="DisclosureOfGeographicalAreasAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfGeographicalAreasAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfGeographicalAreasAbstract" xml:lang="en-US" id="label_DisclosureOfGeographicalAreasAbstract">Disclosure of geographical areas [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGeographicalAreasAbstract" xlink:to="label_DisclosureOfGeographicalAreasAbstract" xlink:title="label: DisclosureOfGeographicalAreasAbstract to label_DisclosureOfGeographicalAreasAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfGeographicalAreasTable" xlink:label="DisclosureOfGeographicalAreasTable" xlink:title="DisclosureOfGeographicalAreasTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfGeographicalAreasTable" xml:lang="en-US" id="label_DisclosureOfGeographicalAreasTable">Disclosure of geographical areas [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGeographicalAreasTable" xlink:to="label_DisclosureOfGeographicalAreasTable" xlink:title="label: DisclosureOfGeographicalAreasTable to label_DisclosureOfGeographicalAreasTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="GeographicalAreasAxis" xlink:title="GeographicalAreasAxis"/>
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeographicalAreasAxis" xml:lang="en-US" id="label_GeographicalAreasAxis">Geographical areas [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasAxis" xlink:to="label_GeographicalAreasAxis" xlink:title="label: GeographicalAreasAxis to label_GeographicalAreasAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="GeographicalAreasMember" xlink:title="GeographicalAreasMember"/>
    <link:label xlink:type="resource" xlink:label="label_GeographicalAreasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeographicalAreasMember" xml:lang="en-US" id="label_GeographicalAreasMember">Geographical areas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasMember" xlink:to="label_GeographicalAreasMember" xlink:title="label: GeographicalAreasMember to label_GeographicalAreasMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CountryOfDomicileMember" xlink:label="CountryOfDomicileMember" xlink:title="CountryOfDomicileMember"/>
    <link:label xlink:type="resource" xlink:label="label_CountryOfDomicileMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CountryOfDomicileMember" xml:lang="en-US" id="label_CountryOfDomicileMember">Country of domicile [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CountryOfDomicileMember" xlink:to="label_CountryOfDomicileMember" xlink:title="label: CountryOfDomicileMember to label_CountryOfDomicileMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ForeignCountriesMember" xlink:label="ForeignCountriesMember" xlink:title="ForeignCountriesMember"/>
    <link:label xlink:type="resource" xlink:label="label_ForeignCountriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ForeignCountriesMember" xml:lang="en-US" id="label_ForeignCountriesMember">Foreign countries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCountriesMember" xlink:to="label_ForeignCountriesMember" xlink:title="label: ForeignCountriesMember to label_ForeignCountriesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AmericaOtherThanUsaMember" xlink:label="AmericaOtherThanUsaMember" xlink:title="AmericaOtherThanUsaMember"/>
    <link:label xlink:type="resource" xlink:label="label_AmericaOtherThanUsaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmericaOtherThanUsaMember" xml:lang="en-US" id="label_AmericaOtherThanUsaMember">Americas other than USA [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmericaOtherThanUsaMember" xlink:to="label_AmericaOtherThanUsaMember" xlink:title="label: AmericaOtherThanUsaMember to label_AmericaOtherThanUsaMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_US" xlink:label="US" xlink:title="US"/>
    <link:label xlink:type="resource" xlink:label="label_US" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_US" xml:lang="en-US" id="label_US">United States of America (USA) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="US" xlink:to="label_US" xlink:title="label: US to label_US"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EuropeWithoutBelgiumMember" xlink:label="EuropeWithoutBelgiumMember" xlink:title="EuropeWithoutBelgiumMember"/>
    <link:label xlink:type="resource" xlink:label="label_EuropeWithoutBelgiumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EuropeWithoutBelgiumMember" xml:lang="en-US" id="label_EuropeWithoutBelgiumMember">Europe (without Belgium) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EuropeWithoutBelgiumMember" xlink:to="label_EuropeWithoutBelgiumMember" xlink:title="label: EuropeWithoutBelgiumMember to label_EuropeWithoutBelgiumMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_BA" xlink:label="BA" xlink:title="BA"/>
    <link:label xlink:type="resource" xlink:label="label_BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BA" xml:lang="en-US" id="label_BA">Belgium [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BA" xlink:to="label_BA" xlink:title="label: BA to label_BA"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AsiaMember" xlink:label="AsiaMember" xlink:title="AsiaMember"/>
    <link:label xlink:type="resource" xlink:label="label_AsiaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AsiaMember" xml:lang="en-US" id="label_AsiaMember">Asia and Pacific [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AsiaMember" xlink:to="label_AsiaMember" xlink:title="label: AsiaMember to label_AsiaMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_AllCountriesDomain" xlink:label="AllCountriesDomain" xlink:title="AllCountriesDomain"/>
    <link:label xlink:type="resource" xlink:label="label_AllCountriesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllCountriesDomain" xml:lang="en-US" id="label_AllCountriesDomain">All countries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllCountriesDomain" xlink:to="label_AllCountriesDomain" xlink:title="label: AllCountriesDomain to label_AllCountriesDomain"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:label="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:title="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts"/>
    <link:label xlink:type="resource" xlink:label="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xml:lang="en-US" id="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts">Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:to="label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:title="label: NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts to label_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:label="AnalysisOfIncomeAndExpenseAbstract" xlink:title="AnalysisOfIncomeAndExpenseAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_AnalysisOfIncomeAndExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AnalysisOfIncomeAndExpenseAbstract" xml:lang="en-US" id="label_AnalysisOfIncomeAndExpenseAbstract">Analysis of income and expense [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnalysisOfIncomeAndExpenseAbstract" xlink:to="label_AnalysisOfIncomeAndExpenseAbstract" xlink:title="label: AnalysisOfIncomeAndExpenseAbstract to label_AnalysisOfIncomeAndExpenseAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpenseByNatureAbstract" xlink:label="ExpenseByNatureAbstract" xlink:title="ExpenseByNatureAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ExpenseByNatureAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpenseByNatureAbstract" xml:lang="en-US" id="label_ExpenseByNatureAbstract">Expenses by nature [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseByNatureAbstract" xlink:to="label_ExpenseByNatureAbstract" xlink:title="label: ExpenseByNatureAbstract to label_ExpenseByNatureAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:label="DisclosureOfGeographicalAreasLineItems" xlink:title="DisclosureOfGeographicalAreasLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfGeographicalAreasLineItems" xml:lang="en-US" id="label_DisclosureOfGeographicalAreasLineItems">Disclosure of geographical areas [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGeographicalAreasLineItems" xlink:to="label_DisclosureOfGeographicalAreasLineItems" xlink:title="label: DisclosureOfGeographicalAreasLineItems to label_DisclosureOfGeographicalAreasLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CostOfSalesLineItems" xlink:label="CostOfsalesLineItems" xlink:title="CostOfsalesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfsalesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CostOfsalesLineItems" xml:lang="en-US" id="label_CostOfsalesLineItems">Cost of sales [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfsalesLineItems" xlink:to="label_CostOfsalesLineItems" xlink:title="label: CostOfsalesLineItems to label_CostOfsalesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ResearchAndDevelopmentExpensesTable" xlink:label="ResearchAndDevelopmentExpensesTable" xlink:title="ResearchAndDevelopmentExpensesTable"/>
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpensesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResearchAndDevelopmentExpensesTable" xml:lang="en-US" id="label_ResearchAndDevelopmentExpensesTable">Research and development expenses [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpensesTable" xlink:to="label_ResearchAndDevelopmentExpensesTable" xlink:title="label: ResearchAndDevelopmentExpensesTable to label_ResearchAndDevelopmentExpensesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ResearchAndDevelopmentExpensesLineItems" xlink:label="ResearchAndDevelopmentExpensesLineItems" xlink:title="ResearchAndDevelopmentExpensesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpensesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResearchAndDevelopmentExpensesLineItems" xml:lang="en-US" id="label_ResearchAndDevelopmentExpensesLineItems">Research and development expenses [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpensesLineItems" xlink:to="label_ResearchAndDevelopmentExpensesLineItems" xlink:title="label: ResearchAndDevelopmentExpensesLineItems to label_ResearchAndDevelopmentExpensesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ResearchAndDevelopmentExpensesAxis" xlink:label="ResearchAndDevelopmentExpensesAxis" xlink:title="ResearchAndDevelopmentExpensesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpensesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResearchAndDevelopmentExpensesAxis" xml:lang="en-US" id="label_ResearchAndDevelopmentExpensesAxis">Research and development expenses [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpensesAxis" xlink:to="label_ResearchAndDevelopmentExpensesAxis" xlink:title="label: ResearchAndDevelopmentExpensesAxis to label_ResearchAndDevelopmentExpensesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ResearchAndDevelopmentExpenseMember" xlink:label="ResearchAndDevelopmentExpenseMember" xlink:title="ResearchAndDevelopmentExpenseMember"/>
    <link:label xlink:type="resource" xlink:label="label_ResearchAndDevelopmentExpenseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ResearchAndDevelopmentExpenseMember" xml:lang="en-US" id="label_ResearchAndDevelopmentExpenseMember">Research and development expenses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResearchAndDevelopmentExpenseMember" xlink:to="label_ResearchAndDevelopmentExpenseMember" xlink:title="label: ResearchAndDevelopmentExpenseMember to label_ResearchAndDevelopmentExpenseMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SalesAndMarketingExpensesTable" xlink:label="SalesAndMarketingExpensesTable" xlink:title="SalesAndMarketingExpensesTable"/>
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpensesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SalesAndMarketingExpensesTable" xml:lang="en-US" id="label_SalesAndMarketingExpensesTable">Sales and marketing expenses [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpensesTable" xlink:to="label_SalesAndMarketingExpensesTable" xlink:title="label: SalesAndMarketingExpensesTable to label_SalesAndMarketingExpensesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SalesAndMarketingExpensesAxis" xlink:label="SalesAndMarketingExpensesAxis" xlink:title="SalesAndMarketingExpensesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpensesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SalesAndMarketingExpensesAxis" xml:lang="en-US" id="label_SalesAndMarketingExpensesAxis">Sales and marketing expenses [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpensesAxis" xlink:to="label_SalesAndMarketingExpensesAxis" xlink:title="label: SalesAndMarketingExpensesAxis to label_SalesAndMarketingExpensesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SalesAndMarketingExpensesMember" xlink:label="SalesAndMarketingExpensesMember" xlink:title="SalesAndMarketingExpensesMember"/>
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingExpensesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SalesAndMarketingExpensesMember" xml:lang="en-US" id="label_SalesAndMarketingExpensesMember">Sales and marketing expenses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingExpensesMember" xlink:to="label_SalesAndMarketingExpensesMember" xlink:title="label: SalesAndMarketingExpensesMember to label_SalesAndMarketingExpensesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SalesAndMarketingLineItems" xlink:label="SalesAndMarketingLineItems" xlink:title="SalesAndMarketingLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_SalesAndMarketingLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SalesAndMarketingLineItems" xml:lang="en-US" id="label_SalesAndMarketingLineItems">Sales and marketing expenses [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalesAndMarketingLineItems" xlink:to="label_SalesAndMarketingLineItems" xlink:title="label: SalesAndMarketingLineItems to label_SalesAndMarketingLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GeneralAndAdministrativeExpensesTable" xlink:label="GeneralAndAdministrativeExpensesTable" xlink:title="GeneralAndAdministrativeExpensesTable"/>
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpensesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeneralAndAdministrativeExpensesTable" xml:lang="en-US" id="label_GeneralAndAdministrativeExpensesTable">General and administrative expenses [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpensesTable" xlink:to="label_GeneralAndAdministrativeExpensesTable" xlink:title="label: GeneralAndAdministrativeExpensesTable to label_GeneralAndAdministrativeExpensesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GeneralAndAdministrativeExpensesAxis" xlink:label="GeneralAndAdministrativeExpensesAxis" xlink:title="GeneralAndAdministrativeExpensesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpensesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeneralAndAdministrativeExpensesAxis" xml:lang="en-US" id="label_GeneralAndAdministrativeExpensesAxis">General and administrative expenses [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpensesAxis" xlink:to="label_GeneralAndAdministrativeExpensesAxis" xlink:title="label: GeneralAndAdministrativeExpensesAxis to label_GeneralAndAdministrativeExpensesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GeneralAndAdministrativeExpensesMember" xlink:label="GeneralAndAdministrativeExpensesMember" xlink:title="GeneralAndAdministrativeExpensesMember"/>
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpensesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeneralAndAdministrativeExpensesMember" xml:lang="en-US" id="label_GeneralAndAdministrativeExpensesMember">General and administrative expenses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpensesMember" xlink:to="label_GeneralAndAdministrativeExpensesMember" xlink:title="label: GeneralAndAdministrativeExpensesMember to label_GeneralAndAdministrativeExpensesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GeneralAndAdministrativeExpensesLineItems" xlink:label="GeneralAndAdministrativeExpensesLineItems" xlink:title="GeneralAndAdministrativeExpensesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_GeneralAndAdministrativeExpensesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeneralAndAdministrativeExpensesLineItems" xml:lang="en-US" id="label_GeneralAndAdministrativeExpensesLineItems">General and administrative expenses [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralAndAdministrativeExpensesLineItems" xlink:to="label_GeneralAndAdministrativeExpensesLineItems" xlink:title="label: GeneralAndAdministrativeExpensesLineItems to label_GeneralAndAdministrativeExpensesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromGovernmentGrants" xlink:label="RevenueFromGovernmentGrants" xlink:title="RevenueFromGovernmentGrants"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueFromGovernmentGrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueFromGovernmentGrants" xml:lang="en-US" id="label_RevenueFromGovernmentGrants">Income from government grants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromGovernmentGrants" xlink:to="label_RevenueFromGovernmentGrants" xlink:title="label: RevenueFromGovernmentGrants to label_RevenueFromGovernmentGrants"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueFromGovernmentGrants_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RevenueFromGovernmentGrants" xml:lang="en-US" id="label_RevenueFromGovernmentGrants_2">Government grants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromGovernmentGrants" xlink:to="label_RevenueFromGovernmentGrants_2" xlink:title="label: RevenueFromGovernmentGrants to label_RevenueFromGovernmentGrants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalizedExpenses" xlink:label="CapitalizedExpenses" xlink:title="CapitalizedExpenses"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalizedExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalizedExpenses" xml:lang="en-US" id="label_CapitalizedExpenses">Capitalized expenses (asset construction)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedExpenses" xlink:to="label_CapitalizedExpenses" xlink:title="label: CapitalizedExpenses to label_CapitalizedExpenses"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NetForeignCurrencyExchangeGains" xlink:label="NetForeignCurrencyExchangeGains" xlink:title="NetForeignCurrencyExchangeGains"/>
    <link:label xlink:type="resource" xlink:label="label_NetForeignCurrencyExchangeGains" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetForeignCurrencyExchangeGains" xml:lang="en-US" id="label_NetForeignCurrencyExchangeGains">Net foreign currency exchange gains / (losses)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetForeignCurrencyExchangeGains" xlink:to="label_NetForeignCurrencyExchangeGains" xlink:title="label: NetForeignCurrencyExchangeGains to label_NetForeignCurrencyExchangeGains"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxCredits" xlink:label="TaxCredits" xlink:title="TaxCredits"/>
    <link:label xlink:type="resource" xlink:label="label_TaxCredits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxCredits" xml:lang="en-US" id="label_TaxCredits">Tax Credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxCredits" xlink:to="label_TaxCredits" xlink:title="label: TaxCredits to label_TaxCredits"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="MiscellaneousOtherOperatingIncome" xlink:title="MiscellaneousOtherOperatingIncome"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousOtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousOtherOperatingIncome" xml:lang="en-US" id="label_MiscellaneousOtherOperatingIncome">Miscellaneous other operating income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingIncome" xlink:to="label_MiscellaneousOtherOperatingIncome" xlink:title="label: MiscellaneousOtherOperatingIncome to label_MiscellaneousOtherOperatingIncome"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousOtherOperatingIncome_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MiscellaneousOtherOperatingIncome" xml:lang="en-US" id="label_MiscellaneousOtherOperatingIncome_2">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingIncome" xlink:to="label_MiscellaneousOtherOperatingIncome_2" xlink:title="label: MiscellaneousOtherOperatingIncome to label_MiscellaneousOtherOperatingIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" xlink:label="ClassesOfEmployeeBenefitsExpenseAbstract" xlink:title="ClassesOfEmployeeBenefitsExpenseAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ClassesOfEmployeeBenefitsExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfEmployeeBenefitsExpenseAbstract" xml:lang="en-US" id="label_ClassesOfEmployeeBenefitsExpenseAbstract">Classes of employee benefits expense [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfEmployeeBenefitsExpenseAbstract" xlink:to="label_ClassesOfEmployeeBenefitsExpenseAbstract" xlink:title="label: ClassesOfEmployeeBenefitsExpenseAbstract to label_ClassesOfEmployeeBenefitsExpenseAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShorttermEmployeeBenefitsExpense" xlink:label="ShorttermEmployeeBenefitsExpense" xlink:title="ShorttermEmployeeBenefitsExpense"/>
    <link:label xlink:type="resource" xlink:label="label_ShorttermEmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShorttermEmployeeBenefitsExpense" xml:lang="en-US" id="label_ShorttermEmployeeBenefitsExpense">Total short-term employee benefits expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermEmployeeBenefitsExpense" xlink:to="label_ShorttermEmployeeBenefitsExpense" xlink:title="label: ShorttermEmployeeBenefitsExpense to label_ShorttermEmployeeBenefitsExpense"/>
    <link:label xlink:type="resource" xlink:label="label_ShorttermEmployeeBenefitsExpense_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ShorttermEmployeeBenefitsExpense" xml:lang="en-US" id="label_ShorttermEmployeeBenefitsExpense_2">Short-term employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShorttermEmployeeBenefitsExpense" xlink:to="label_ShorttermEmployeeBenefitsExpense_2" xlink:title="label: ShorttermEmployeeBenefitsExpense to label_ShorttermEmployeeBenefitsExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SocialSecurityContributions" xlink:label="SocialSecurityContributions" xlink:title="SocialSecurityContributions"/>
    <link:label xlink:type="resource" xlink:label="label_SocialSecurityContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SocialSecurityContributions" xml:lang="en-US" id="label_SocialSecurityContributions">Social security contributions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SocialSecurityContributions" xlink:to="label_SocialSecurityContributions" xlink:title="label: SocialSecurityContributions to label_SocialSecurityContributions"/>
    <link:label xlink:type="resource" xlink:label="label_SocialSecurityContributions_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_SocialSecurityContributions" xml:lang="en-US" id="label_SocialSecurityContributions_2">Social security expenses</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PostemploymentBenefitExpenseDefinedContributionPlans" xml:lang="en-US" id="label_PostemploymentBenefitExpenseDefinedContributionPlans">Post-employment benefit expense, defined contribution plans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PostemploymentBenefitExpenseDefinedContributionPlans" xlink:to="label_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:title="label: PostemploymentBenefitExpenseDefinedContributionPlans to label_PostemploymentBenefitExpenseDefinedContributionPlans"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherEmployeeExpense" xlink:to="label_OtherEmployeeExpense" xlink:title="label: OtherEmployeeExpense to label_OtherEmployeeExpense"/>
    <link:label xlink:type="resource" xlink:label="label_OtherEmployeeExpense_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OtherEmployeeExpense" xml:lang="en-US" id="label_OtherEmployeeExpense_2">Other employee expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherEmployeeExpense" xlink:to="label_OtherEmployeeExpense_2" xlink:title="label: OtherEmployeeExpense to label_OtherEmployeeExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfEmployees" xlink:label="NumberOfEmployees" xlink:title="NumberOfEmployees"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfEmployees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfEmployees" xml:lang="en-US" id="label_NumberOfEmployees">Number of employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfEmployees" xlink:to="label_NumberOfEmployees" xlink:title="label: NumberOfEmployees to label_NumberOfEmployees"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfEmployees_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NumberOfEmployees" xml:lang="en-US" id="label_NumberOfEmployees_2">Total registered employees at the end of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfEmployees" xlink:to="label_NumberOfEmployees_2" xlink:title="label: NumberOfEmployees to label_NumberOfEmployees"/>
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    <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-US" 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_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherFinanceIncomeCost" xml:lang="en-US" id="label_OtherFinanceIncomeCost_2">Other financial 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_2" xlink:title="label: OtherFinanceIncomeCost to label_OtherFinanceIncomeCost"/>
    <link:label xlink:type="resource" xlink:label="label_OtherFinanceIncomeCost_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherFinanceIncomeCost" xml:lang="en-US" id="label_OtherFinanceIncomeCost_3">Other financial 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_3" xlink:title="label: OtherFinanceIncomeCost to label_OtherFinanceIncomeCost"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AmortizationDiscountInterestFreeLoans" xlink:label="AmortizationDiscountInterestFreeLoans" xlink:title="AmortizationDiscountInterestFreeLoans"/>
    <link:label xlink:type="resource" xlink:label="label_AmortizationDiscountInterestFreeLoans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortizationDiscountInterestFreeLoans" xml:lang="en-US" id="label_AmortizationDiscountInterestFreeLoans">Amortization discount interest free loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationDiscountInterestFreeLoans" xlink:to="label_AmortizationDiscountInterestFreeLoans" xlink:title="label: AmortizationDiscountInterestFreeLoans to label_AmortizationDiscountInterestFreeLoans"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherFinanceIncome" xlink:label="OtherFinanceIncome" xlink:title="OtherFinanceIncome"/>
    <link:label xlink:type="resource" xlink:label="label_OtherFinanceIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherFinanceIncome" xml:lang="en-US" id="label_OtherFinanceIncome">Other finance income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinanceIncome" xlink:to="label_OtherFinanceIncome" xlink:title="label: OtherFinanceIncome to label_OtherFinanceIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:label="MajorComponentsOfTaxExpenseIncomeAbstract" xlink:title="MajorComponentsOfTaxExpenseIncomeAbstract"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MajorComponentsOfTaxExpenseIncomeAbstract" xlink:to="label_MajorComponentsOfTaxExpenseIncomeAbstract" xlink:title="label: MajorComponentsOfTaxExpenseIncomeAbstract to label_MajorComponentsOfTaxExpenseIncomeAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentTaxExpenseIncome" xlink:label="CurrentTaxExpenseIncome" xlink:title="CurrentTaxExpenseIncome"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxExpenseIncome" xlink:to="label_CurrentTaxExpenseIncome" xlink:title="label: CurrentTaxExpenseIncome to label_CurrentTaxExpenseIncome"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxExpenseIncome_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_CurrentTaxExpenseIncome" xml:lang="en-US" id="label_CurrentTaxExpenseIncome_2">Estimated tax liability for the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxExpenseIncome" xlink:to="label_CurrentTaxExpenseIncome_2" xlink:title="label: CurrentTaxExpenseIncome to label_CurrentTaxExpenseIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:label="AdjustmentsForCurrentTaxOfPriorPeriod" xlink:title="AdjustmentsForCurrentTaxOfPriorPeriod"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForCurrentTaxOfPriorPeriod" xlink:to="label_AdjustmentsForCurrentTaxOfPriorPeriod" xlink:title="label: AdjustmentsForCurrentTaxOfPriorPeriod to label_AdjustmentsForCurrentTaxOfPriorPeriod"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForCurrentTaxOfPriorPeriod" xlink:to="label_AdjustmentsForCurrentTaxOfPriorPeriod_2" xlink:title="label: AdjustmentsForCurrentTaxOfPriorPeriod to label_AdjustmentsForCurrentTaxOfPriorPeriod"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:label="DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:title="DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:to="label_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:title="label: DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences to label_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xml:lang="en-US" id="label_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_2">Deferred income taxes</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:to="label_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_3" xlink:title="label: DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences to label_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PercentageBelgianPatentIncomeDeduction" xlink:label="PercentageBelgianPatentIncomeDeduction" xlink:title="PercentageBelgianPatentIncomeDeduction"/>
    <link:label xlink:type="resource" xlink:label="label_PercentageBelgianPatentIncomeDeduction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageBelgianPatentIncomeDeduction" xml:lang="en-US" id="label_PercentageBelgianPatentIncomeDeduction">Belgian Patent Income Deduction %</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageBelgianPatentIncomeDeduction" xlink:to="label_PercentageBelgianPatentIncomeDeduction" xlink:title="label: PercentageBelgianPatentIncomeDeduction to label_PercentageBelgianPatentIncomeDeduction"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:label="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:title="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxAssetsOnBorrowingCost" xlink:label="DeferredTaxAssetsOnBorrowingCost" xlink:title="DeferredTaxAssetsOnBorrowingCost"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxAssetsOnFinancialLeasings" xlink:label="DeferredTaxAssetsOnFinancialLeasings" xlink:title="DeferredTaxAssetsOnFinancialLeasings"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxAssetsOnInventory" xlink:label="DeferredTaxAssetsOnInventory" xlink:title="DeferredTaxAssetsOnInventory"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxAssetsOnAOtherNonCurrentAssets" xlink:label="DeferredTaxAssetsOnAOtherNonCurrentAssets" xlink:title="DeferredTaxAssetsOnAOtherNonCurrentAssets"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxLiabilitiesOnPropertyPlantAndEquipment" xlink:label="DeferredTaxLiabilitiesOnPropertyPlantAndEquipment" xlink:title="DeferredTaxLiabilitiesOnPropertyPlantAndEquipment"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxLiabilitiesOnIntangibleAssets" xlink:label="DeferredTaxLiabilitiesOnIntangibleAssets" xlink:title="DeferredTaxLiabilitiesOnIntangibleAssets"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxLiabilitiesOnTaxLossesNotionalInterestDeductionAndOtherTaxBenefits" xlink:label="DeferredTaxLiabilitiesOnTaxLossesNotionalInterestDeductionAndOtherTaxBenefits" xlink:title="DeferredTaxLiabilitiesOnTaxLossesNotionalInterestDeductionAndOtherTaxBenefits"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnusedTaxLossCarryForwardTaskCreditsAndOtherGroup" xlink:label="UnusedTaxLossCarryForwardTaskCreditsAndOtherGroup" xlink:title="UnusedTaxLossCarryForwardTaskCreditsAndOtherGroup"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnusedNotionalInterestDeduction" xlink:label="UnusedNotionalInterestDeduction" xlink:title="UnusedNotionalInterestDeduction"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:label="ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:title="ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract"/>
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    <link:label xlink:type="resource" xlink:label="label_TaxExpenseIncomeAtApplicableTaxRate_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_TaxExpenseIncomeAtApplicableTaxRate" xml:lang="en-US" id="label_TaxExpenseIncomeAtApplicableTaxRate_2">Income tax at statutory rate of 33,99%</link:label>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable" xlink:to="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable" xlink:title="label: DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable to label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="MaturityAxis" xlink:title="MaturityAxis"/>
    <link:label xlink:type="resource" xlink:label="label_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaturityAxis" xml:lang="en-US" id="label_MaturityAxis">Maturity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityAxis" xlink:to="label_MaturityAxis" xlink:title="label: MaturityAxis to label_MaturityAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="NotLaterThanOneYearMember" xlink:title="NotLaterThanOneYearMember"/>
    <link:label xlink:type="resource" xlink:label="label_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotLaterThanOneYearMember" xml:lang="en-US" id="label_NotLaterThanOneYearMember">Not later than one year [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneYearMember" xlink:to="label_NotLaterThanOneYearMember" xlink:title="label: NotLaterThanOneYearMember to label_NotLaterThanOneYearMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="AggregatedTimeBandsMember" xlink:title="AggregatedTimeBandsMember"/>
    <link:label xlink:type="resource" xlink:label="label_AggregatedTimeBandsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AggregatedTimeBandsMember" xml:lang="en-US" id="label_AggregatedTimeBandsMember">Aggregated time bands [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatedTimeBandsMember" xlink:to="label_AggregatedTimeBandsMember" xlink:title="label: AggregatedTimeBandsMember to label_AggregatedTimeBandsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BetweenTwoAndThreeYearsMember" xlink:label="BetweenTwoAndThreeYearsMember" xlink:title="BetweenTwoAndThreeYearsMember"/>
    <link:label xlink:type="resource" xlink:label="label_BetweenTwoAndThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BetweenTwoAndThreeYearsMember" xml:lang="en-US" id="label_BetweenTwoAndThreeYearsMember">Between two and three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BetweenTwoAndThreeYearsMember" xlink:to="label_BetweenTwoAndThreeYearsMember" xlink:title="label: BetweenTwoAndThreeYearsMember to label_BetweenTwoAndThreeYearsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BetweenFourAndFiveYearsMember" xlink:label="BetweenFourAndFiveYearsMember" xlink:title="BetweenFourAndFiveYearsMember"/>
    <link:label xlink:type="resource" xlink:label="label_BetweenFourAndFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BetweenFourAndFiveYearsMember" xml:lang="en-US" id="label_BetweenFourAndFiveYearsMember">Between four and five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BetweenFourAndFiveYearsMember" xlink:to="label_BetweenFourAndFiveYearsMember" xlink:title="label: BetweenFourAndFiveYearsMember to label_BetweenFourAndFiveYearsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="LaterThanFiveYearsMember" xlink:title="LaterThanFiveYearsMember"/>
    <link:label xlink:type="resource" xlink:label="label_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanFiveYearsMember" xml:lang="en-US" id="label_LaterThanFiveYearsMember">Later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsMember" xlink:to="label_LaterThanFiveYearsMember" xlink:title="label: LaterThanFiveYearsMember to label_LaterThanFiveYearsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" xlink:label="DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" xlink:title="DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" xml:lang="en-US" id="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems">Disclosure of finance lease and operating lease by lessee [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" xlink:to="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" xlink:title="label: DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems to label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:label="MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:title="MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xml:lang="en-US" id="label_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease">Minimum lease payments payable under non-cancellable operating lease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:to="label_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:title="label: MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease to label_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MinimumFinanceLeasePaymentsPayable" xlink:label="MinimumFinanceLeasePaymentsPayable" xlink:title="MinimumFinanceLeasePaymentsPayable"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumFinanceLeasePaymentsPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumFinanceLeasePaymentsPayable" xml:lang="en-US" id="label_MinimumFinanceLeasePaymentsPayable">Minimum finance lease payments payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumFinanceLeasePaymentsPayable" xlink:to="label_MinimumFinanceLeasePaymentsPayable" xlink:title="label: MinimumFinanceLeasePaymentsPayable to label_MinimumFinanceLeasePaymentsPayable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MinimumFinanceLeasePaymentsPayableAtPresentValue" xlink:label="MinimumFinanceLeasePaymentsPayableAtPresentValue" xlink:title="MinimumFinanceLeasePaymentsPayableAtPresentValue"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumFinanceLeasePaymentsPayableAtPresentValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumFinanceLeasePaymentsPayableAtPresentValue" xml:lang="en-US" id="label_MinimumFinanceLeasePaymentsPayableAtPresentValue">Minimum finance lease payments payable, at present value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumFinanceLeasePaymentsPayableAtPresentValue" xlink:to="label_MinimumFinanceLeasePaymentsPayableAtPresentValue" xlink:title="label: MinimumFinanceLeasePaymentsPayableAtPresentValue to label_MinimumFinanceLeasePaymentsPayableAtPresentValue"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FutureFinanceChargeOnFinanceLease" xlink:label="FutureFinanceChargeOnFinanceLease" xlink:title="FutureFinanceChargeOnFinanceLease"/>
    <link:label xlink:type="resource" xlink:label="label_FutureFinanceChargeOnFinanceLease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FutureFinanceChargeOnFinanceLease" xml:lang="en-US" id="label_FutureFinanceChargeOnFinanceLease">Future finance charge on finance lease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FutureFinanceChargeOnFinanceLease" xlink:to="label_FutureFinanceChargeOnFinanceLease" xlink:title="label: FutureFinanceChargeOnFinanceLease to label_FutureFinanceChargeOnFinanceLease"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract" xlink:label="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract" xlink:title="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract" xml:lang="en-US" id="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract">Disclosure of maturity analysis for non-derivative financial liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract" xlink:to="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract" xlink:title="label: DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract to label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable" xlink:label="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable" xlink:title="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable" xml:lang="en-US" id="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable">Disclosure of maturity analysis for non-derivative financial liabilities [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable" xlink:to="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable" xlink:title="label: DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable to label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xlink:label="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xlink:title="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xml:lang="en-US" id="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems">Disclosure of maturity analysis for non-derivative financial liabilities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xlink:to="label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems" xlink:title="label: DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems to label_DisclosureOfMaturityAnalysisForNonderivativeFinancialLiabilitiesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:label="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:title="LaterThanOneYearAndNotLaterThanThreeYearsMember"/>
    <link:label xlink:type="resource" xlink:label="label_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanOneYearAndNotLaterThanThreeYearsMember" xml:lang="en-US" id="label_LaterThanOneYearAndNotLaterThanThreeYearsMember">Later than one year and not later than three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="label_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:title="label: LaterThanOneYearAndNotLaterThanThreeYearsMember to label_LaterThanOneYearAndNotLaterThanThreeYearsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:label="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:title="LaterThanThreeYearsAndNotLaterThanFiveYearsMember"/>
    <link:label xlink:type="resource" xlink:label="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xml:lang="en-US" id="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">Later than three years and not later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:title="label: LaterThanThreeYearsAndNotLaterThanFiveYearsMember to label_LaterThanThreeYearsAndNotLaterThanFiveYearsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BankBorrowingsUndiscountedCashFlows" xlink:label="BankBorrowingsUndiscountedCashFlows" xlink:title="BankBorrowingsUndiscountedCashFlows"/>
    <link:label xlink:type="resource" xlink:label="label_BankBorrowingsUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BankBorrowingsUndiscountedCashFlows" xml:lang="en-US" id="label_BankBorrowingsUndiscountedCashFlows">Bank borrowings, undiscounted cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBorrowingsUndiscountedCashFlows" xlink:to="label_BankBorrowingsUndiscountedCashFlows" xlink:title="label: BankBorrowingsUndiscountedCashFlows to label_BankBorrowingsUndiscountedCashFlows"/>
    <link:label xlink:type="resource" xlink:label="label_BankBorrowingsUndiscountedCashFlows_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BankBorrowingsUndiscountedCashFlows" xml:lang="en-US" id="label_BankBorrowingsUndiscountedCashFlows_2">Loan and borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBorrowingsUndiscountedCashFlows" xlink:to="label_BankBorrowingsUndiscountedCashFlows_2" xlink:title="label: BankBorrowingsUndiscountedCashFlows to label_BankBorrowingsUndiscountedCashFlows"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherPayablesUndiscountedCashFlows" xlink:label="TradeAndOtherPayablesUndiscountedCashFlows" xlink:title="TradeAndOtherPayablesUndiscountedCashFlows"/>
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherPayablesUndiscountedCashFlows" xml:lang="en-US" id="label_TradeAndOtherPayablesUndiscountedCashFlows">Trade and other payables, undiscounted cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesUndiscountedCashFlows" xlink:to="label_TradeAndOtherPayablesUndiscountedCashFlows" xlink:title="label: TradeAndOtherPayablesUndiscountedCashFlows to label_TradeAndOtherPayablesUndiscountedCashFlows"/>
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesUndiscountedCashFlows_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherPayablesUndiscountedCashFlows" xml:lang="en-US" id="label_TradeAndOtherPayablesUndiscountedCashFlows_2">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesUndiscountedCashFlows" xlink:to="label_TradeAndOtherPayablesUndiscountedCashFlows_2" xlink:title="label: TradeAndOtherPayablesUndiscountedCashFlows to label_TradeAndOtherPayablesUndiscountedCashFlows"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherCurrentLiabilitiesUndiscountedCashFlows" xlink:label="OtherCurrentLiabilitiesUndiscountedCashFlows" xlink:title="OtherCurrentLiabilitiesUndiscountedCashFlows"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilitiesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentLiabilitiesUndiscountedCashFlows" xml:lang="en-US" id="label_OtherCurrentLiabilitiesUndiscountedCashFlows">Other current liabilities undiscounted cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilitiesUndiscountedCashFlows" xlink:to="label_OtherCurrentLiabilitiesUndiscountedCashFlows" xlink:title="label: OtherCurrentLiabilitiesUndiscountedCashFlows to label_OtherCurrentLiabilitiesUndiscountedCashFlows"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilitiesUndiscountedCashFlows_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherCurrentLiabilitiesUndiscountedCashFlows" xml:lang="en-US" id="label_OtherCurrentLiabilitiesUndiscountedCashFlows_2">Other current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilitiesUndiscountedCashFlows" xlink:to="label_OtherCurrentLiabilitiesUndiscountedCashFlows_2" xlink:title="label: OtherCurrentLiabilitiesUndiscountedCashFlows to label_OtherCurrentLiabilitiesUndiscountedCashFlows"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:label="NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:title="NonderivativeFinancialLiabilitiesUndiscountedCashFlows"/>
    <link:label xlink:type="resource" xlink:label="label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xml:lang="en-US" id="label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows">Non-derivative financial liabilities, undiscounted cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:title="label: NonderivativeFinancialLiabilitiesUndiscountedCashFlows to label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows"/>
    <link:label xlink:type="resource" xlink:label="label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xml:lang="en-US" id="label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_2" xlink:title="label: NonderivativeFinancialLiabilitiesUndiscountedCashFlows to label_NonderivativeFinancialLiabilitiesUndiscountedCashFlows"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UndrawnLinesOfCredit" xlink:label="UndrawnLinesOfCredit" xlink:title="UndrawnLinesOfCredit"/>
    <link:label xlink:type="resource" xlink:label="label_UndrawnLinesOfCredit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UndrawnLinesOfCredit" xml:lang="en-US" id="label_UndrawnLinesOfCredit">Undrawn lines of credit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndrawnLinesOfCredit" xlink:to="label_UndrawnLinesOfCredit" xlink:title="label: UndrawnLinesOfCredit to label_UndrawnLinesOfCredit"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UsdImpactOnCashAndTermAccountsHeldInUsd" xlink:label="UsdImpactOnCashAndTermAccountsHeldInUsd" xlink:title="UsdImpactOnCashAndTermAccountsHeldInUsd"/>
    <link:label xlink:type="resource" xlink:label="label_UsdImpactOnCashAndTermAccountsHeldInUsd" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UsdImpactOnCashAndTermAccountsHeldInUsd" xml:lang="en-US" id="label_UsdImpactOnCashAndTermAccountsHeldInUsd">USD impact on cash and term accounts held in USD</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsdImpactOnCashAndTermAccountsHeldInUsd" xlink:to="label_UsdImpactOnCashAndTermAccountsHeldInUsd" xlink:title="label: UsdImpactOnCashAndTermAccountsHeldInUsd to label_UsdImpactOnCashAndTermAccountsHeldInUsd"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CreditRiskAbstract" xlink:label="CreditRiskAbstract" xlink:title="CreditRiskAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CreditRiskAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CreditRiskAbstract" xml:lang="en-US" id="label_CreditRiskAbstract">Credit risk [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskAbstract" xlink:to="label_CreditRiskAbstract" xlink:title="label: CreditRiskAbstract to label_CreditRiskAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CreditRiskTable" xlink:label="CreditRiskTable" xlink:title="CreditRiskTable"/>
    <link:label xlink:type="resource" xlink:label="label_CreditRiskTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CreditRiskTable" xml:lang="en-US" id="label_CreditRiskTable">Credit risk [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskTable" xlink:to="label_CreditRiskTable" xlink:title="label: CreditRiskTable to label_CreditRiskTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_tradeReceivablesPartDueAxis" xlink:label="dueAxis" xlink:title="dueAxis"/>
    <link:label xlink:type="resource" xlink:label="label_dueAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_dueAxis" xml:lang="en-US" id="label_dueAxis">Due [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dueAxis" xlink:to="label_dueAxis" xlink:title="label: dueAxis to label_dueAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_tradeReceivablesPartTotalDueMember" xlink:label="tradeReceivablesPartTotalDueMember" xlink:title="tradeReceivablesPartTotalDueMember"/>
    <link:label xlink:type="resource" xlink:label="label_tradeReceivablesPartTotalDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_tradeReceivablesPartTotalDueMember" xml:lang="en-US" id="label_tradeReceivablesPartTotalDueMember">Total [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="tradeReceivablesPartTotalDueMember" xlink:to="label_tradeReceivablesPartTotalDueMember" xlink:title="label: tradeReceivablesPartTotalDueMember to label_tradeReceivablesPartTotalDueMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_tradeReceivablesPartNonDueMember" xlink:label="tradeReceivablesPartNonDueMember" xlink:title="tradeReceivablesPartNonDueMember"/>
    <link:label xlink:type="resource" xlink:label="label_tradeReceivablesPartNonDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_tradeReceivablesPartNonDueMember" xml:lang="en-US" id="label_tradeReceivablesPartNonDueMember">Non-due [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="tradeReceivablesPartNonDueMember" xlink:to="label_tradeReceivablesPartNonDueMember" xlink:title="label: tradeReceivablesPartNonDueMember to label_tradeReceivablesPartNonDueMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_tradeReceivablesPartUpToThirtyDaysDueMember" xlink:label="tradeReceivablesPartLessThanThirtyDaysDueMember" xlink:title="tradeReceivablesPartLessThanThirtyDaysDueMember"/>
    <link:label xlink:type="resource" xlink:label="label_tradeReceivablesPartLessThanThirtyDaysDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_tradeReceivablesPartLessThanThirtyDaysDueMember" xml:lang="en-US" id="label_tradeReceivablesPartLessThanThirtyDaysDueMember">Up to 30 days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="tradeReceivablesPartLessThanThirtyDaysDueMember" xlink:to="label_tradeReceivablesPartLessThanThirtyDaysDueMember" xlink:title="label: tradeReceivablesPartLessThanThirtyDaysDueMember to label_tradeReceivablesPartLessThanThirtyDaysDueMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember" xlink:label="tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember" xlink:title="tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember"/>
    <link:label xlink:type="resource" xlink:label="label_tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember" xml:lang="en-US" id="label_tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember">31-60 days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember" xlink:to="label_tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember" xlink:title="label: tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember to label_tradeReceivablesPartBetweenThirtyoneAndSixtyDaysDueMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember" xlink:label="tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember" xlink:title="tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember"/>
    <link:label xlink:type="resource" xlink:label="label_tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember" xml:lang="en-US" id="label_tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember">61-90 days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember" xlink:to="label_tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember" xlink:title="label: tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember to label_tradeReceivablesPartBetweenSixtyoneAndNinetyDaysDueMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember" xlink:label="tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember" xlink:title="tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember"/>
    <link:label xlink:type="resource" xlink:label="label_tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember" xml:lang="en-US" id="label_tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember">91-180 days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember" xlink:to="label_tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember" xlink:title="label: tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember to label_tradeReceivablesPartBetweenNinetyoneAndHundredeightyDaysDueMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember" xlink:label="tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember" xlink:title="tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember"/>
    <link:label xlink:type="resource" xlink:label="label_tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember" xml:lang="en-US" id="label_tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember">More than 180 days [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember" xlink:to="label_tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember" xlink:title="label: tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember to label_tradeReceivablesPartMoreThanHundredeightyoneDaysDueMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CreditRiskLineItems" xlink:label="CreditRiskLineItems" xlink:title="CreditRiskLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_CreditRiskLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CreditRiskLineItems" xml:lang="en-US" id="label_CreditRiskLineItems">Credit risk [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskLineItems" xlink:to="label_CreditRiskLineItems" xlink:title="label: CreditRiskLineItems to label_CreditRiskLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_sensivityAnalysisUsdRateMember" xlink:label="creditRiskUsdRate" xlink:title="creditRiskUsdRate"/>
    <link:label xlink:type="resource" xlink:label="label_creditRiskUsdRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_creditRiskUsdRate" xml:lang="en-US" id="label_creditRiskUsdRate">USD Rate [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="creditRiskUsdRate" xlink:to="label_creditRiskUsdRate" xlink:title="label: creditRiskUsdRate to label_creditRiskUsdRate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract" xlink:label="LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract" xlink:title="LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract" xml:lang="en-US" id="label_LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract">Lease and sublease payments recognised as expense [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract" xlink:to="label_LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract" xlink:title="label: LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract to label_LeaseAndSubleasePaymentsRecognisedAsExpenseAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MinimumOperatingLeasePayments" xlink:label="MinimumOperatingLeasePayments" xlink:title="MinimumOperatingLeasePayments"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumOperatingLeasePayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumOperatingLeasePayments" xml:lang="en-US" id="label_MinimumOperatingLeasePayments">Minimum operating lease payments recognised as expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumOperatingLeasePayments" xlink:to="label_MinimumOperatingLeasePayments" xlink:title="label: MinimumOperatingLeasePayments to label_MinimumOperatingLeasePayments"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumOperatingLeasePayments_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_MinimumOperatingLeasePayments" xml:lang="en-US" id="label_MinimumOperatingLeasePayments_2">Total lease payments recognized in income statements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumOperatingLeasePayments" xlink:to="label_MinimumOperatingLeasePayments_2" xlink:title="label: MinimumOperatingLeasePayments to label_MinimumOperatingLeasePayments"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_mortgagesAndPledges" xlink:label="mortagesAndPledges" xlink:title="mortagesAndPledges"/>
    <link:label xlink:type="resource" xlink:label="label_mortagesAndPledges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_mortagesAndPledges" xml:lang="en-US" id="label_mortagesAndPledges">Mortages and pledges [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mortagesAndPledges" xlink:to="label_mortagesAndPledges" xlink:title="label: mortagesAndPledges to label_mortagesAndPledges"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalPropertyPlantAndEquipmentPledgedAsSecurity" xlink:label="TotalPropertyPlantAndEquipmentPledgedAsSecurity" xlink:title="TotalPropertyPlantAndEquipmentPledgedAsSecurity"/>
    <link:label xlink:type="resource" xlink:label="label_TotalPropertyPlantAndEquipmentPledgedAsSecurity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalPropertyPlantAndEquipmentPledgedAsSecurity" xml:lang="en-US" id="label_TotalPropertyPlantAndEquipmentPledgedAsSecurity">Carrying value property, plant and equipment related to mortgages and loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalPropertyPlantAndEquipmentPledgedAsSecurity" xlink:to="label_TotalPropertyPlantAndEquipmentPledgedAsSecurity" xlink:title="label: TotalPropertyPlantAndEquipmentPledgedAsSecurity to label_TotalPropertyPlantAndEquipmentPledgedAsSecurity"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_totalOutstandingMortgagesAndPledges" xlink:label="totalOutstandingMortgagesAndPledges" xlink:title="totalOutstandingMortgagesAndPledges"/>
    <link:label xlink:type="resource" xlink:label="label_totalOutstandingMortgagesAndPledges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_totalOutstandingMortgagesAndPledges" xml:lang="en-US" id="label_totalOutstandingMortgagesAndPledges">Total outstanding mortgages and pledges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="totalOutstandingMortgagesAndPledges" xlink:to="label_totalOutstandingMortgagesAndPledges" xlink:title="label: totalOutstandingMortgagesAndPledges to label_totalOutstandingMortgagesAndPledges"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_pledgesOnBusinessGoodwil" xlink:label="pledgesOnBusinessGoodwil" xlink:title="pledgesOnBusinessGoodwil"/>
    <link:label xlink:type="resource" xlink:label="label_pledgesOnBusinessGoodwil" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_pledgesOnBusinessGoodwil" xml:lang="en-US" id="label_pledgesOnBusinessGoodwil">Pledges on business goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pledgesOnBusinessGoodwil" xlink:to="label_pledgesOnBusinessGoodwil" xlink:title="label: pledgesOnBusinessGoodwil to label_pledgesOnBusinessGoodwil"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_otherCommitmentsAbstract" xlink:label="otherCommitmentsAbstract" xlink:title="otherCommitmentsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_otherCommitmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_otherCommitmentsAbstract" xml:lang="en-US" id="label_otherCommitmentsAbstract">Other commitments [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="otherCommitmentsAbstract" xlink:to="label_otherCommitmentsAbstract" xlink:title="label: otherCommitmentsAbstract to label_otherCommitmentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContractualCapitalCommitments" xlink:label="ContractualCapitalCommitments" xlink:title="ContractualCapitalCommitments"/>
    <link:label xlink:type="resource" xlink:label="label_ContractualCapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractualCapitalCommitments" xml:lang="en-US" id="label_ContractualCapitalCommitments">Contractual capital commitments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualCapitalCommitments" xlink:to="label_ContractualCapitalCommitments" xlink:title="label: ContractualCapitalCommitments to label_ContractualCapitalCommitments"/>
    <link:label xlink:type="resource" xlink:label="label_ContractualCapitalCommitments_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ContractualCapitalCommitments" xml:lang="en-US" id="label_ContractualCapitalCommitments_2">Outstanding non-cancellable contracts with future commitment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualCapitalCommitments" xlink:to="label_ContractualCapitalCommitments_2" xlink:title="label: ContractualCapitalCommitments to label_ContractualCapitalCommitments"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:label="ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:title="ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xml:lang="en-US" id="label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment">Contractual commitments for acquisition of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:to="label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:title="label: ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment to label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xml:lang="en-US" id="label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_2">Committed expenditures in property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:to="label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_2" xlink:title="label: ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment to label_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_refinancedLeaseCommitments" xlink:label="refinancedLeaseCommitments" xlink:title="refinancedLeaseCommitments"/>
    <link:label xlink:type="resource" xlink:label="label_refinancedLeaseCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_refinancedLeaseCommitments" xml:lang="en-US" id="label_refinancedLeaseCommitments">Refinanced operating car lease commitments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="refinancedLeaseCommitments" xlink:to="label_refinancedLeaseCommitments" xlink:title="label: refinancedLeaseCommitments to label_refinancedLeaseCommitments"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:label="EstimatedFinancialEffectOfContingentLiabilities" xlink:title="EstimatedFinancialEffectOfContingentLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_EstimatedFinancialEffectOfContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EstimatedFinancialEffectOfContingentLiabilities" xml:lang="en-US" id="label_EstimatedFinancialEffectOfContingentLiabilities">Estimated financial effect of contingent liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedFinancialEffectOfContingentLiabilities" xlink:to="label_EstimatedFinancialEffectOfContingentLiabilities" xlink:title="label: EstimatedFinancialEffectOfContingentLiabilities to label_EstimatedFinancialEffectOfContingentLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_futureFinanceChargeOnFinanceLeaseMember" xlink:label="futureFinanceChargeOnFinanceLease" xlink:title="futureFinanceChargeOnFinanceLease"/>
    <link:label xlink:type="resource" xlink:label="label_futureFinanceChargeOnFinanceLease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_futureFinanceChargeOnFinanceLease" xml:lang="en-US" id="label_futureFinanceChargeOnFinanceLease">Less finance charges [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="futureFinanceChargeOnFinanceLease" xlink:to="label_futureFinanceChargeOnFinanceLease" xlink:title="label: futureFinanceChargeOnFinanceLease to label_futureFinanceChargeOnFinanceLease"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_presentValueOfMinimumLeasePaymentsMember" xlink:label="presentValueOfMinimumLeasePaymentsMember" xlink:title="presentValueOfMinimumLeasePaymentsMember"/>
    <link:label xlink:type="resource" xlink:label="label_presentValueOfMinimumLeasePaymentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_presentValueOfMinimumLeasePaymentsMember" xml:lang="en-US" id="label_presentValueOfMinimumLeasePaymentsMember">Present value of minimum lease payments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="presentValueOfMinimumLeasePaymentsMember" xlink:to="label_presentValueOfMinimumLeasePaymentsMember" xlink:title="label: presentValueOfMinimumLeasePaymentsMember to label_presentValueOfMinimumLeasePaymentsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_sensivityAnalysisAbstract" xlink:label="sensivityAnalysisAbstract" xlink:title="sensivityAnalysisAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_sensivityAnalysisAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_sensivityAnalysisAbstract" xml:lang="en-US" id="label_sensivityAnalysisAbstract">Sensitivity analysis [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sensivityAnalysisAbstract" xlink:to="label_sensivityAnalysisAbstract" xlink:title="label: sensivityAnalysisAbstract to label_sensivityAnalysisAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_sensivityAnalysisTable" xlink:label="sensivityAnalysisTable" xlink:title="sensivityAnalysisTable"/>
    <link:label xlink:type="resource" xlink:label="label_sensivityAnalysisTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_sensivityAnalysisTable" xml:lang="en-US" id="label_sensivityAnalysisTable">Sensitivity analysis [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sensivityAnalysisTable" xlink:to="label_sensivityAnalysisTable" xlink:title="label: sensivityAnalysisTable to label_sensivityAnalysisTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_copyOfCreditRiskLineItems" xlink:label="copyOfCreditRiskLineItems" xlink:title="copyOfCreditRiskLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfCreditRiskLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfCreditRiskLineItems" xml:lang="en-US" id="label_copyOfCreditRiskLineItems">Sensitivity analysis [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfCreditRiskLineItems" xlink:to="label_copyOfCreditRiskLineItems" xlink:title="label: copyOfCreditRiskLineItems to label_copyOfCreditRiskLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_eurValueForUsdRate" xlink:label="eurValueForUsdRateMember" xlink:title="eurValueForUsdRateMember"/>
    <link:label xlink:type="resource" xlink:label="label_eurValueForUsdRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_eurValueForUsdRateMember" xml:lang="en-US" id="label_eurValueForUsdRateMember">EUR value for USD rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="eurValueForUsdRateMember" xlink:to="label_eurValueForUsdRateMember" xlink:title="label: eurValueForUsdRateMember to label_eurValueForUsdRateMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PercentageIncreaseUsdRate" xlink:label="PercentageIncreaseUsdRate" xlink:title="PercentageIncreaseUsdRate"/>
    <link:label xlink:type="resource" xlink:label="label_PercentageIncreaseUsdRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PercentageIncreaseUsdRate" xml:lang="en-US" id="label_PercentageIncreaseUsdRate">Percantage increase USD rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageIncreaseUsdRate" xlink:to="label_PercentageIncreaseUsdRate" xlink:title="label: PercentageIncreaseUsdRate to label_PercentageIncreaseUsdRate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_decreaseInNetResultWithChangeInUsdRate" xlink:label="decreaseInNetResultWithChangeInUsdRate" xlink:title="decreaseInNetResultWithChangeInUsdRate"/>
    <link:label xlink:type="resource" xlink:label="label_decreaseInNetResultWithChangeInUsdRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_decreaseInNetResultWithChangeInUsdRate" xml:lang="en-US" id="label_decreaseInNetResultWithChangeInUsdRate">Decrease in net result with change in USD rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="decreaseInNetResultWithChangeInUsdRate" xlink:to="label_decreaseInNetResultWithChangeInUsdRate" xlink:title="label: decreaseInNetResultWithChangeInUsdRate to label_decreaseInNetResultWithChangeInUsdRate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_increaseInNetResultWithChangeInUsdRate" xlink:label="increaseInNetResultWithChangeInUsdRate" xlink:title="increaseInNetResultWithChangeInUsdRate"/>
    <link:label xlink:type="resource" xlink:label="label_increaseInNetResultWithChangeInUsdRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_increaseInNetResultWithChangeInUsdRate" xml:lang="en-US" id="label_increaseInNetResultWithChangeInUsdRate">Increase in net result with change in USD rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="increaseInNetResultWithChangeInUsdRate" xlink:to="label_increaseInNetResultWithChangeInUsdRate" xlink:title="label: increaseInNetResultWithChangeInUsdRate to label_increaseInNetResultWithChangeInUsdRate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:title="KeyManagementPersonnelCompensationShorttermEmployeeBenefits"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits">Key management personnel compensation, short-term employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:title="label: KeyManagementPersonnelCompensationShorttermEmployeeBenefits to label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_2">Short-term employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_2" xlink:title="label: KeyManagementPersonnelCompensationShorttermEmployeeBenefits to label_KeyManagementPersonnelCompensationShorttermEmployeeBenefits"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:label="KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:title="KeyManagementPersonnelCompensationPostemploymentBenefits"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensationPostemploymentBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationPostemploymentBenefits">Key management personnel compensation, post-employment benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="label_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:title="label: KeyManagementPersonnelCompensationPostemploymentBenefits to label_KeyManagementPersonnelCompensationPostemploymentBenefits"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationPostemploymentBenefits_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelCompensationPostemploymentBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationPostemploymentBenefits_2">Post-employment benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="label_KeyManagementPersonnelCompensationPostemploymentBenefits_2" xlink:title="label: KeyManagementPersonnelCompensationPostemploymentBenefits to label_KeyManagementPersonnelCompensationPostemploymentBenefits"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits" xlink:label="KeyManagementPersonnelCompensationTerminationBenefits" xlink:title="KeyManagementPersonnelCompensationTerminationBenefits"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationTerminationBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensationTerminationBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationTerminationBenefits">Key management personnel compensation, termination benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationTerminationBenefits" xlink:to="label_KeyManagementPersonnelCompensationTerminationBenefits" xlink:title="label: KeyManagementPersonnelCompensationTerminationBenefits to label_KeyManagementPersonnelCompensationTerminationBenefits"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationTerminationBenefits_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeyManagementPersonnelCompensationTerminationBenefits" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationTerminationBenefits_2">Termination benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationTerminationBenefits" xlink:to="label_KeyManagementPersonnelCompensationTerminationBenefits_2" xlink:title="label: KeyManagementPersonnelCompensationTerminationBenefits to label_KeyManagementPersonnelCompensationTerminationBenefits"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensation" xlink:label="KeyManagementPersonnelCompensation" xlink:title="KeyManagementPersonnelCompensation"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensation" xml:lang="en-US" id="label_KeyManagementPersonnelCompensation">Key management personnel compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensation" xlink:to="label_KeyManagementPersonnelCompensation" xlink:title="label: KeyManagementPersonnelCompensation to label_KeyManagementPersonnelCompensation"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensation_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_KeyManagementPersonnelCompensation" xml:lang="en-US" id="label_KeyManagementPersonnelCompensation_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensation" xlink:to="label_KeyManagementPersonnelCompensation_2" xlink:title="label: KeyManagementPersonnelCompensation to label_KeyManagementPersonnelCompensation"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_numberOfWarrantsGrantedKeyManagementPersonnel" xlink:label="numberOfWarrantsGrantedKeyManagementPersonnel" xlink:title="numberOfWarrantsGrantedKeyManagementPersonnel"/>
    <link:label xlink:type="resource" xlink:label="label_numberOfWarrantsGrantedKeyManagementPersonnel" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_numberOfWarrantsGrantedKeyManagementPersonnel" xml:lang="en-US" id="label_numberOfWarrantsGrantedKeyManagementPersonnel">Key management Personnel, warrants granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="numberOfWarrantsGrantedKeyManagementPersonnel" xlink:to="label_numberOfWarrantsGrantedKeyManagementPersonnel" xlink:title="label: numberOfWarrantsGrantedKeyManagementPersonnel to label_numberOfWarrantsGrantedKeyManagementPersonnel"/>
    <link:label xlink:type="resource" xlink:label="label_numberOfWarrantsGrantedKeyManagementPersonnel_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_numberOfWarrantsGrantedKeyManagementPersonnel" xml:lang="en-US" id="label_numberOfWarrantsGrantedKeyManagementPersonnel_2">Warrants granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="numberOfWarrantsGrantedKeyManagementPersonnel" xlink:to="label_numberOfWarrantsGrantedKeyManagementPersonnel_2" xlink:title="label: numberOfWarrantsGrantedKeyManagementPersonnel to label_numberOfWarrantsGrantedKeyManagementPersonnel"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_numberOfWarrantsOutstandingKeyManagementPersonnel" xlink:label="numberOfWarrantsOutstandingKeyManagementPersonnel" xlink:title="numberOfWarrantsOutstandingKeyManagementPersonnel"/>
    <link:label xlink:type="resource" xlink:label="label_numberOfWarrantsOutstandingKeyManagementPersonnel" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_numberOfWarrantsOutstandingKeyManagementPersonnel" xml:lang="en-US" id="label_numberOfWarrantsOutstandingKeyManagementPersonnel">Key management personnel, warrants outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="numberOfWarrantsOutstandingKeyManagementPersonnel" xlink:to="label_numberOfWarrantsOutstandingKeyManagementPersonnel" xlink:title="label: numberOfWarrantsOutstandingKeyManagementPersonnel to label_numberOfWarrantsOutstandingKeyManagementPersonnel"/>
    <link:label xlink:type="resource" xlink:label="label_numberOfWarrantsOutstandingKeyManagementPersonnel_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_numberOfWarrantsOutstandingKeyManagementPersonnel" xml:lang="en-US" id="label_numberOfWarrantsOutstandingKeyManagementPersonnel_2">Warrants outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="numberOfWarrantsOutstandingKeyManagementPersonnel" xlink:to="label_numberOfWarrantsOutstandingKeyManagementPersonnel_2" xlink:title="label: numberOfWarrantsOutstandingKeyManagementPersonnel to label_numberOfWarrantsOutstandingKeyManagementPersonnel"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_sensitivityAnalysisRatesAxis" xlink:label="sensitivityAnalysisRatesAxis" xlink:title="sensitivityAnalysisRatesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_sensitivityAnalysisRatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_sensitivityAnalysisRatesAxis" xml:lang="en-US" id="label_sensitivityAnalysisRatesAxis">Synsitivity analysis rates [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sensitivityAnalysisRatesAxis" xlink:to="label_sensitivityAnalysisRatesAxis" xlink:title="label: sensitivityAnalysisRatesAxis to label_sensitivityAnalysisRatesAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xml:lang="en-US" id="label_DisclosureOfTransactionsBetweenRelatedPartiesAbstract">Disclosure of transactions between related parties [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="label_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:title="label: DisclosureOfTransactionsBetweenRelatedPartiesAbstract to label_DisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTransactionsBetweenRelatedPartiesTable" xml:lang="en-US" id="label_DisclosureOfTransactionsBetweenRelatedPartiesTable">Disclosure of transactions between related parties [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="label_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:title="label: DisclosureOfTransactionsBetweenRelatedPartiesTable to label_DisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xml:lang="en-US" id="label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">Disclosure of transactions between related parties [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:title="label: DisclosureOfTransactionsBetweenRelatedPartiesLineItems to label_DisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="CategoriesOfRelatedPartiesAxis" xlink:title="CategoriesOfRelatedPartiesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CategoriesOfRelatedPartiesAxis" xml:lang="en-US" id="label_CategoriesOfRelatedPartiesAxis">Categories of related parties [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfRelatedPartiesAxis" xlink:to="label_CategoriesOfRelatedPartiesAxis" xlink:title="label: CategoriesOfRelatedPartiesAxis to label_CategoriesOfRelatedPartiesAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:label="RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:title="RevenueFromSaleOfGoodsRelatedPartyTransactions"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueFromSaleOfGoodsRelatedPartyTransactions" xml:lang="en-US" id="label_RevenueFromSaleOfGoodsRelatedPartyTransactions">Revenue from sale of goods, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:to="label_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:title="label: RevenueFromSaleOfGoodsRelatedPartyTransactions to label_RevenueFromSaleOfGoodsRelatedPartyTransactions"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueFromSaleOfGoodsRelatedPartyTransactions_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RevenueFromSaleOfGoodsRelatedPartyTransactions" xml:lang="en-US" id="label_RevenueFromSaleOfGoodsRelatedPartyTransactions_2">Sale of goods to</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:to="label_RevenueFromSaleOfGoodsRelatedPartyTransactions_2" xlink:title="label: RevenueFromSaleOfGoodsRelatedPartyTransactions to label_RevenueFromSaleOfGoodsRelatedPartyTransactions"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:label="PurchasesOfGoodsRelatedPartyTransactions" xlink:title="PurchasesOfGoodsRelatedPartyTransactions"/>
    <link:label xlink:type="resource" xlink:label="label_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchasesOfGoodsRelatedPartyTransactions" xml:lang="en-US" id="label_PurchasesOfGoodsRelatedPartyTransactions">Purchases of goods, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchasesOfGoodsRelatedPartyTransactions" xlink:to="label_PurchasesOfGoodsRelatedPartyTransactions" xlink:title="label: PurchasesOfGoodsRelatedPartyTransactions to label_PurchasesOfGoodsRelatedPartyTransactions"/>
    <link:label xlink:type="resource" xlink:label="label_PurchasesOfGoodsRelatedPartyTransactions_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_PurchasesOfGoodsRelatedPartyTransactions" xml:lang="en-US" id="label_PurchasesOfGoodsRelatedPartyTransactions_2">Purchases from</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchasesOfGoodsRelatedPartyTransactions" xlink:to="label_PurchasesOfGoodsRelatedPartyTransactions_2" xlink:title="label: PurchasesOfGoodsRelatedPartyTransactions to label_PurchasesOfGoodsRelatedPartyTransactions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_interestExpenseRelatedPartyTransactions" xlink:label="InterestExpenseRelatedPartyTransactions" xlink:title="InterestExpenseRelatedPartyTransactions"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfInterestRateRiskTextBlock" xlink:label="disclosureOfInterestRateRiskTextBlock" xlink:title="disclosureOfInterestRateRiskTextBlock"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_overviewOfConsolidatedEntitiesAbstract" xlink:label="overviewOfConsolidatedEntitiesAbstract" xlink:title="overviewOfConsolidatedEntitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_overviewOfConsolidatedEntitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_overviewOfConsolidatedEntitiesAbstract" xml:lang="en-US" id="label_overviewOfConsolidatedEntitiesAbstract">Overview of consolidated entites [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="overviewOfConsolidatedEntitiesAbstract" xlink:to="label_overviewOfConsolidatedEntitiesAbstract" xlink:title="label: overviewOfConsolidatedEntitiesAbstract to label_overviewOfConsolidatedEntitiesAbstract"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_acquisitionOfEprototypyTableTextBlock" xlink:label="acquisitionOfEprototypyTableTextBlock" xlink:title="acquisitionOfEprototypyTableTextBlock"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_acquisitionOfOrthoviewTableTextBlock" xlink:label="acquisitionOfOrthoviewTableTextBlock" xlink:title="acquisitionOfOrthoviewTableTextBlock"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="acquisitionOfOrthoviewTableTextBlock" xlink:to="label_acquisitionOfOrthoviewTableTextBlock" xlink:title="label: acquisitionOfOrthoviewTableTextBlock to label_acquisitionOfOrthoviewTableTextBlock"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:to="label_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:title="label: DescriptionOfInitialApplicationOfStandardsOrInterpretations to label_DescriptionOfInitialApplicationOfStandardsOrInterpretations"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReclassificationsOrChangesInPresentationExplanatory" xlink:to="label_DisclosureOfReclassificationsOrChangesInPresentationExplanatory" xlink:title="label: DisclosureOfReclassificationsOrChangesInPresentationExplanatory to label_DisclosureOfReclassificationsOrChangesInPresentationExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_summaryOfSignificantAccountingPoliciesAbstract" xlink:label="summaryOfSignificantAccountingPoliciesAbstract" xlink:title="summaryOfSignificantAccountingPoliciesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_summaryOfSignificantAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_summaryOfSignificantAccountingPoliciesAbstract" xml:lang="en-US" id="label_summaryOfSignificantAccountingPoliciesAbstract">Summary of significant accounting policies [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="summaryOfSignificantAccountingPoliciesAbstract" xlink:to="label_summaryOfSignificantAccountingPoliciesAbstract" xlink:title="label: summaryOfSignificantAccountingPoliciesAbstract to label_summaryOfSignificantAccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:label="DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:title="DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xml:lang="en-US" id="label_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory">Disclosure of significant accounting policies [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:to="label_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:title="label: DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory to label_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:label="DisclosureOfIntangibleAssetsExplanatory" xlink:title="DisclosureOfIntangibleAssetsExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:title="DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="label_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentExplanatory to label_DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfJointVenturesExplanatory" xlink:label="DisclosureOfJointVenturesExplanatory" xlink:title="DisclosureOfJointVenturesExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="TradeAndOtherReceivablesAbstract" xlink:title="TradeAndOtherReceivablesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherReceivablesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherReceivablesAbstract" xml:lang="en-US" id="label_TradeAndOtherReceivablesAbstract">Trade and other receivables [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherReceivablesAbstract" xlink:to="label_TradeAndOtherReceivablesAbstract" xlink:title="label: TradeAndOtherReceivablesAbstract to label_TradeAndOtherReceivablesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:label="DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:title="DisclosureOfTradeAndOtherReceivablesExplanatory"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="label_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:title="label: DisclosureOfTradeAndOtherReceivablesExplanatory to label_DisclosureOfTradeAndOtherReceivablesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:label="DisclosureOfCashAndCashEquivalentsExplanatory" xlink:title="DisclosureOfCashAndCashEquivalentsExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:label="DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:title="DisclosureOfFairValueOfFinancialInstrumentsExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:label="DisclosureOfOperatingSegmentsExplanatory" xlink:title="DisclosureOfOperatingSegmentsExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureIncomeAndExpensesAbstract" xlink:label="disclosureIncomeAndExpensesAbstract" xlink:title="disclosureIncomeAndExpensesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureIncomeAndExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureIncomeAndExpensesAbstract" xml:lang="en-US" id="label_disclosureIncomeAndExpensesAbstract">Disclosure of income and expenses [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureIncomeAndExpensesAbstract" xlink:to="label_disclosureIncomeAndExpensesAbstract" xlink:title="label: disclosureIncomeAndExpensesAbstract to label_disclosureIncomeAndExpensesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureIncomeAndExpensesTextBlock" xlink:label="copyOfacquisitionOfOrthoviewTableTextBlock" xlink:title="copyOfacquisitionOfOrthoviewTableTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfacquisitionOfOrthoviewTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfacquisitionOfOrthoviewTableTextBlock" xml:lang="en-US" id="label_copyOfacquisitionOfOrthoviewTableTextBlock">Disclosure of income and expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfacquisitionOfOrthoviewTableTextBlock" xlink:to="label_copyOfacquisitionOfOrthoviewTableTextBlock" xlink:title="label: copyOfacquisitionOfOrthoviewTableTextBlock to label_copyOfacquisitionOfOrthoviewTableTextBlock"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsPerShareAbstract" xlink:to="label_EarningsPerShareAbstract" xlink:title="label: EarningsPerShareAbstract to label_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:label="DisclosureOfEarningsPerShareExplanatory" xlink:title="DisclosureOfEarningsPerShareExplanatory"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEarningsPerShareExplanatory" xlink:to="label_DisclosureOfEarningsPerShareExplanatory" xlink:title="label: DisclosureOfEarningsPerShareExplanatory to label_DisclosureOfEarningsPerShareExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CapitalCommitmentsAbstract" xlink:label="CapitalCommitmentsAbstract" xlink:title="CapitalCommitmentsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalCommitmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalCommitmentsAbstract" xml:lang="en-US" id="label_CapitalCommitmentsAbstract">Capital commitments [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalCommitmentsAbstract" xlink:to="label_CapitalCommitmentsAbstract" xlink:title="label: CapitalCommitmentsAbstract to label_CapitalCommitmentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfCommitmentsExplanatory" xlink:label="DisclosureOfCommitmentsExplanatory" xlink:title="DisclosureOfCommitmentsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCommitmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfCommitmentsExplanatory" xml:lang="en-US" id="label_DisclosureOfCommitmentsExplanatory">Disclosure of commitments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsExplanatory" xlink:to="label_DisclosureOfCommitmentsExplanatory" xlink:title="label: DisclosureOfCommitmentsExplanatory to label_DisclosureOfCommitmentsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:label="DisclosureOfFinancialRiskManagementExplanatory" xlink:title="DisclosureOfFinancialRiskManagementExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFinancialRiskManagementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFinancialRiskManagementExplanatory" xml:lang="en-US" id="label_DisclosureOfFinancialRiskManagementExplanatory">Disclosure of financial risk management [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialRiskManagementExplanatory" xlink:to="label_DisclosureOfFinancialRiskManagementExplanatory" xlink:title="label: DisclosureOfFinancialRiskManagementExplanatory to label_DisclosureOfFinancialRiskManagementExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:label="DisclosureOfRelatedPartyExplanatory" xlink:title="DisclosureOfRelatedPartyExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRelatedPartyExplanatory" xml:lang="en-US" id="label_DisclosureOfRelatedPartyExplanatory">Disclosure of related party [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRelatedPartyExplanatory" xlink:to="label_DisclosureOfRelatedPartyExplanatory" xlink:title="label: DisclosureOfRelatedPartyExplanatory to label_DisclosureOfRelatedPartyExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:label="OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:title="OutstandingBalancesForRelatedPartyTransactionsAbstract"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:to="label_OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:title="label: OutstandingBalancesForRelatedPartyTransactionsAbstract to label_OutstandingBalancesForRelatedPartyTransactionsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:label="DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:title="DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xml:lang="en-US" id="label_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="label_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:title="label: DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract to label_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:title="DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfEventsAfterReportingPeriodExplanatory" xml:lang="en-US" id="label_DisclosureOfEventsAfterReportingPeriodExplanatory">Disclosure of events after reporting period [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="label_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:title="label: DisclosureOfEventsAfterReportingPeriodExplanatory to label_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:label="DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:title="DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xml:lang="en-US" id="label_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory">Disclosure of detailed information about intangible assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="label_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory to label_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:label="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:title="DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xml:lang="en-US" id="label_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory">Disclosure of information for cash-generating units [text block]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:label="DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:title="DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xml:lang="en-US" id="label_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory">Disclosure of detailed information about property, plant and equipment [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="label_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory to label_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfJointVenturesTablesTextBlock" xlink:label="DisclosureOfJointVenturesTablesTextBlock" xlink:title="DisclosureOfJointVenturesTablesTextBlock"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVenturesTablesTextBlock" xlink:to="label_DisclosureOfJointVenturesTablesTextBlock" xlink:title="label: DisclosureOfJointVenturesTablesTextBlock to label_DisclosureOfJointVenturesTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:label="DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:title="DisclosureOfOtherNoncurrentAssetsExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInventoriesExplanatory" xlink:label="DisclosureOfInventoriesExplanatory" xlink:title="DisclosureOfInventoriesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfInventoriesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfInventoriesExplanatory" xml:lang="en-US" id="label_DisclosureOfInventoriesExplanatory">Disclosure of inventories and contracts in progress [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInventoriesExplanatory" xlink:to="label_DisclosureOfInventoriesExplanatory" xlink:title="label: DisclosureOfInventoriesExplanatory to label_DisclosureOfInventoriesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:label="DisclosureOfOtherCurrentAssetsExplanatory" xlink:title="DisclosureOfOtherCurrentAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherCurrentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherCurrentAssetsExplanatory" xml:lang="en-US" id="label_DisclosureOfOtherCurrentAssetsExplanatory">Disclosure of other current assets table [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherCurrentAssetsExplanatory" xlink:to="label_DisclosureOfOtherCurrentAssetsExplanatory" xlink:title="label: DisclosureOfOtherCurrentAssetsExplanatory to label_DisclosureOfOtherCurrentAssetsExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfCashAndCashEquivalentsTablesTextBlock" xlink:label="DisclosureOfCashAndCashEquivalentsTablesTextBlock" xlink:title="DisclosureOfCashAndCashEquivalentsTablesTextBlock"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCashAndCashEquivalentsTablesTextBlock" xlink:to="label_DisclosureOfCashAndCashEquivalentsTablesTextBlock" xlink:title="label: DisclosureOfCashAndCashEquivalentsTablesTextBlock to label_DisclosureOfCashAndCashEquivalentsTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:label="DisclosureOfClassesOfShareCapitalExplanatory" xlink:title="DisclosureOfClassesOfShareCapitalExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:label="DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:title="DisclosureOfReservesAndOtherEquityInterestExplanatory"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:to="label_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:title="label: DisclosureOfReservesAndOtherEquityInterestExplanatory to label_DisclosureOfReservesAndOtherEquityInterestExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:label="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:title="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:to="label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:title="label: DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory to label_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:label="DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:title="DisclosureOfDetailedInformationAboutBorrowingsExplanatory"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="label_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutBorrowingsExplanatory to label_DisclosureOfDetailedInformationAboutBorrowingsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock" xlink:label="DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock" xlink:title="DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock" xml:lang="en-US" id="label_DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock">Disclosure other non-current liabilities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock" xlink:to="label_DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock" xlink:title="label: DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock to label_DisclosureOfOtherNonCurrentLiabilitiesTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDeferredIncomeTableExplanatory" xlink:label="DisclosureOfDeferredIncomeTableExplanatory" xlink:title="DisclosureOfDeferredIncomeTableExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDeferredIncomeTableExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDeferredIncomeTableExplanatory" xml:lang="en-US" id="label_DisclosureOfDeferredIncomeTableExplanatory">Disclosure of information about deferred income [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDeferredIncomeTableExplanatory" xlink:to="label_DisclosureOfDeferredIncomeTableExplanatory" xlink:title="label: DisclosureOfDeferredIncomeTableExplanatory to label_DisclosureOfDeferredIncomeTableExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:label="DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:title="DisclosureOfFairValueMeasurementOfAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xml:lang="en-US" id="label_DisclosureOfFairValueMeasurementOfAssetsExplanatory">Disclosure of fair value measurement of assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:to="label_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:title="label: DisclosureOfFairValueMeasurementOfAssetsExplanatory to label_DisclosureOfFairValueMeasurementOfAssetsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:label="DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:title="DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xml:lang="en-US" id="label_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory">Disclosure of fair value measurement of liabilities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:to="label_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:title="label: DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory to label_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfOperatingSegmentsTableTextBlock" xlink:label="DisclosureOfOperatingSegmentsTableTextBlock" xlink:title="DisclosureOfOperatingSegmentsTableTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOperatingSegmentsTableTextBlock" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsTableTextBlock">Disclosure segment information [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsTableTextBlock" xlink:to="label_DisclosureOfOperatingSegmentsTableTextBlock" xlink:title="label: DisclosureOfOperatingSegmentsTableTextBlock to label_DisclosureOfOperatingSegmentsTableTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_revenueByCategoryTablesTextBlock" xlink:label="revenueByCategoryTablesTextBlock" xlink:title="revenueByCategoryTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_revenueByCategoryTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_revenueByCategoryTablesTextBlock" xml:lang="en-US" id="label_revenueByCategoryTablesTextBlock">Disclosure of revenue by category [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="revenueByCategoryTablesTextBlock" xlink:to="label_revenueByCategoryTablesTextBlock" xlink:title="label: revenueByCategoryTablesTextBlock to label_revenueByCategoryTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfCostOfSalesTablesTextBlock" xlink:label="costOfSalesTablesTextBlock" xlink:title="costOfSalesTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_costOfSalesTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_costOfSalesTablesTextBlock" xml:lang="en-US" id="label_costOfSalesTablesTextBlock">Disclosure of cost of sales table [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="costOfSalesTablesTextBlock" xlink:to="label_costOfSalesTablesTextBlock" xlink:title="label: costOfSalesTablesTextBlock to label_costOfSalesTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfResearchAndDevelopmentExpensesTablesTextBlock" xlink:label="disclosureOfResearchAndDevelopmentExpensesTablesTextBlock" xlink:title="disclosureOfResearchAndDevelopmentExpensesTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureOfResearchAndDevelopmentExpensesTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureOfResearchAndDevelopmentExpensesTablesTextBlock" xml:lang="en-US" id="label_disclosureOfResearchAndDevelopmentExpensesTablesTextBlock">Disclosure of research and development expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureOfResearchAndDevelopmentExpensesTablesTextBlock" xlink:to="label_disclosureOfResearchAndDevelopmentExpensesTablesTextBlock" xlink:title="label: disclosureOfResearchAndDevelopmentExpensesTablesTextBlock to label_disclosureOfResearchAndDevelopmentExpensesTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfSalesAndMarketingExpensesTablesTextBlock" xlink:label="disclosureOfSalesAndMarketingExpensesTablesTextBlock" xlink:title="disclosureOfSalesAndMarketingExpensesTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureOfSalesAndMarketingExpensesTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureOfSalesAndMarketingExpensesTablesTextBlock" xml:lang="en-US" id="label_disclosureOfSalesAndMarketingExpensesTablesTextBlock">Disclosure of sales and marketing expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureOfSalesAndMarketingExpensesTablesTextBlock" xlink:to="label_disclosureOfSalesAndMarketingExpensesTablesTextBlock" xlink:title="label: disclosureOfSalesAndMarketingExpensesTablesTextBlock to label_disclosureOfSalesAndMarketingExpensesTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock" xlink:label="disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock" xlink:title="disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock" xml:lang="en-US" id="label_disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock">Disclosure of general and administrative expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock" xlink:to="label_disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock" xlink:title="label: disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock to label_disclosureOfGeneralAndAdministrativeExpensesTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock" xlink:label="disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock" xlink:title="disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock" xml:lang="en-US" id="label_disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock">Disclosure of net other operating income (expense) [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock" xlink:to="label_disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock" xlink:title="label: disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock to label_disclosureOfNetOtherOperatingIncomeExpenseTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfPayrollExpenseTablesTextBlock" xlink:label="disclosureOfPayrollExpenseTablesTextBlock" xlink:title="disclosureOfPayrollExpenseTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureOfPayrollExpenseTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureOfPayrollExpenseTablesTextBlock" xml:lang="en-US" id="label_disclosureOfPayrollExpenseTablesTextBlock">Disclosure of payroll expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureOfPayrollExpenseTablesTextBlock" xlink:to="label_disclosureOfPayrollExpenseTablesTextBlock" xlink:title="label: disclosureOfPayrollExpenseTablesTextBlock to label_disclosureOfPayrollExpenseTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:label="DisclosureOfIncomeTaxExplanatory" xlink:title="DisclosureOfIncomeTaxExplanatory"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:label="DisclosureOfDeferredTaxesExplanatory" xlink:title="DisclosureOfDeferredTaxesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDeferredTaxesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDeferredTaxesExplanatory" xml:lang="en-US" id="label_DisclosureOfDeferredTaxesExplanatory">Disclosure of deferred taxes [text block]</link:label>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock" xlink:label="disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock" xlink:title="disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock" xml:lang="en-US" id="label_disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock">Disclosure of relationship between tax expense and accounting profit [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock" xlink:to="label_disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock" xlink:title="label: disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock to label_disclosureOfRelationshipBetweenTaxExpenseAndAccountingProfitTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NetProfitLossUsedForTheEarningsPerShareCalculationTextBlock" xlink:label="disclosureOfNetProfitOfTheYearUsedForBasicAndDilutedEarningsPerShareTablesTextBlock" xlink:title="disclosureOfNetProfitOfTheYearUsedForBasicAndDilutedEarningsPerShareTablesTextBlock"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ShareDataUsedForTheEarningsPerShareCalculationTextBlock" xlink:label="disclosureOfDataUsedForBasicAndDilutedEarningsPerShareTablesTextBlock" xlink:title="disclosureOfDataUsedForBasicAndDilutedEarningsPerShareTablesTextBlock"/>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" xlink:label="DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" xlink:title="DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" xml:lang="en-US" id="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory">Disclosure of finance lease and operating lease by lessee [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" xlink:to="label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" xlink:title="label: DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory to label_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfFutureMinimumLeasePaymentsTextBlock" xlink:label="disclosureOfFinanceLeaseCommitmentsTablesTextBlock" xlink:title="disclosureOfFinanceLeaseCommitmentsTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureOfFinanceLeaseCommitmentsTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureOfFinanceLeaseCommitmentsTablesTextBlock" xml:lang="en-US" id="label_disclosureOfFinanceLeaseCommitmentsTablesTextBlock">Disclosure of future minimum lease payments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureOfFinanceLeaseCommitmentsTablesTextBlock" xlink:to="label_disclosureOfFinanceLeaseCommitmentsTablesTextBlock" xlink:title="label: disclosureOfFinanceLeaseCommitmentsTablesTextBlock to label_disclosureOfFinanceLeaseCommitmentsTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfLiquidityRiskExplanatory" xlink:label="DisclosureOfLiquidityRiskExplanatory" xlink:title="DisclosureOfLiquidityRiskExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfLiquidityRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfLiquidityRiskExplanatory" xml:lang="en-US" id="label_DisclosureOfLiquidityRiskExplanatory">Disclosure of liquidity risk [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLiquidityRiskExplanatory" xlink:to="label_DisclosureOfLiquidityRiskExplanatory" xlink:title="label: DisclosureOfLiquidityRiskExplanatory to label_DisclosureOfLiquidityRiskExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:label="DisclosureOfCreditRiskExplanatory" xlink:title="DisclosureOfCreditRiskExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCreditRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfCreditRiskExplanatory" xml:lang="en-US" id="label_DisclosureOfCreditRiskExplanatory">Disclosure of credit risk [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCreditRiskExplanatory" xlink:to="label_DisclosureOfCreditRiskExplanatory" xlink:title="label: DisclosureOfCreditRiskExplanatory to label_DisclosureOfCreditRiskExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:label="DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:title="DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xml:lang="en-US" id="label_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory">Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:to="label_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory" xlink:title="label: DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory to label_DisclosureOfAmountsIncurredByEntityForProvisionOfKeyManagementPersonnelServicesProvidedBySeparateManagementEntitiesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xml:lang="en-US" id="label_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory">Disclosure of transactions between related parties [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="label_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:title="label: DisclosureOfTransactionsBetweenRelatedPartiesExplanatory to label_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfInterestsInSubsidiariesTextBlock" xlink:label="disclosureOfInterestsInOtherEntitiesTableTextBox" xlink:title="disclosureOfInterestsInOtherEntitiesTableTextBox"/>
    <link:label xlink:type="resource" xlink:label="label_disclosureOfInterestsInOtherEntitiesTableTextBox" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_disclosureOfInterestsInOtherEntitiesTableTextBox" xml:lang="en-US" id="label_disclosureOfInterestsInOtherEntitiesTableTextBox">Disclosure of interests in subsidiaries [Text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="disclosureOfInterestsInOtherEntitiesTableTextBox" xlink:to="label_disclosureOfInterestsInOtherEntitiesTableTextBox" xlink:title="label: disclosureOfInterestsInOtherEntitiesTableTextBox to label_disclosureOfInterestsInOtherEntitiesTableTextBox"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueContingentConsideration" xlink:label="FairValueContingentConsideration" xlink:title="FairValueContingentConsideration"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueContingentConsideration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueContingentConsideration" xml:lang="en-US" id="label_FairValueContingentConsideration">Fair value contingent consideration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueContingentConsideration" xlink:to="label_FairValueContingentConsideration" xlink:title="label: FairValueContingentConsideration to label_FairValueContingentConsideration"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AdvMachMember" xlink:label="AdvMach" xlink:title="AdvMach"/>
    <link:label xlink:type="resource" xlink:label="label_AdvMach" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdvMach" xml:lang="en-US" id="label_AdvMach">Adv. Mach.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvMach" xlink:to="label_AdvMach" xlink:title="label: AdvMach to label_AdvMach"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MacramMember" xlink:label="MacramMember" xlink:title="MacramMember"/>
    <link:label xlink:type="resource" xlink:label="label_MacramMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MacramMember" xml:lang="en-US" id="label_MacramMember">Marcam</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MacramMember" xlink:to="label_MacramMember" xlink:title="label: MacramMember to label_MacramMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MatMetalMember" xlink:label="MatMetalMember" xlink:title="MatMetalMember"/>
    <link:label xlink:type="resource" xlink:label="label_MatMetalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MatMetalMember" xml:lang="en-US" id="label_MatMetalMember">Mat Metal</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MatMetalMember" xlink:to="label_MatMetalMember" xlink:title="label: MatMetalMember to label_MatMetalMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AcTechMember" xlink:label="AcTechMember" xlink:title="AcTechMember"/>
    <link:label xlink:type="resource" xlink:label="label_AcTechMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcTechMember" xml:lang="en-US" id="label_AcTechMember">ACTech</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcTechMember" xlink:to="label_AcTechMember" xlink:title="label: AcTechMember to label_AcTechMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationAcTech" xlink:label="RemainingAmortizationAcTech" xlink:title="RemainingAmortizationAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationAcTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationAcTech" xml:lang="en-US" id="label_RemainingAmortizationAcTech">Remaining Amortization ACTech</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationAcTech" xlink:to="label_RemainingAmortizationAcTech" xlink:title="label: RemainingAmortizationAcTech to label_RemainingAmortizationAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationAcTech_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RemainingAmortizationAcTech" xml:lang="en-US" id="label_RemainingAmortizationAcTech_2">ACTech</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationAcTech" xlink:to="label_RemainingAmortizationAcTech_2" xlink:title="label: RemainingAmortizationAcTech to label_RemainingAmortizationAcTech"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="DisclosureOfClassesOfShareCapitalAbstract" xlink:title="DisclosureOfClassesOfShareCapitalAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfClassesOfShareCapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfClassesOfShareCapitalAbstract" xml:lang="en-US" id="label_DisclosureOfClassesOfShareCapitalAbstract">Disclosure of classes of share capital [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfClassesOfShareCapitalAbstract" xlink:to="label_DisclosureOfClassesOfShareCapitalAbstract" xlink:title="label: DisclosureOfClassesOfShareCapitalAbstract to label_DisclosureOfClassesOfShareCapitalAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="DisclosureOfClassesOfShareCapitalTable" xlink:title="DisclosureOfClassesOfShareCapitalTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfClassesOfShareCapitalTable" xml:lang="en-US" id="label_DisclosureOfClassesOfShareCapitalTable">Disclosure of classes of share capital [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfClassesOfShareCapitalTable" xlink:to="label_DisclosureOfClassesOfShareCapitalTable" xlink:title="label: DisclosureOfClassesOfShareCapitalTable to label_DisclosureOfClassesOfShareCapitalTable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="DisclosureOfClassesOfShareCapitalLineItems" xlink:title="DisclosureOfClassesOfShareCapitalLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfClassesOfShareCapitalLineItems" xml:lang="en-US" id="label_DisclosureOfClassesOfShareCapitalLineItems">Disclosure of classes of share capital [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfClassesOfShareCapitalLineItems" xlink:to="label_DisclosureOfClassesOfShareCapitalLineItems" xlink:title="label: DisclosureOfClassesOfShareCapitalLineItems to label_DisclosureOfClassesOfShareCapitalLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="NumberOfSharesOutstanding" xlink:title="NumberOfSharesOutstanding"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfSharesOutstanding" xml:lang="en-US" id="label_NumberOfSharesOutstanding">Outstanding Number of Shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOutstanding" xlink:to="label_NumberOfSharesOutstanding" xlink:title="label: NumberOfSharesOutstanding to label_NumberOfSharesOutstanding"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOutstanding_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_NumberOfSharesOutstanding" xml:lang="en-US" id="label_NumberOfSharesOutstanding_2">Outstanding, shares, beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOutstanding" xlink:to="label_NumberOfSharesOutstanding_2" xlink:title="label: NumberOfSharesOutstanding to label_NumberOfSharesOutstanding"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOutstanding_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_NumberOfSharesOutstanding" xml:lang="en-US" id="label_NumberOfSharesOutstanding_3">Outstanding, shares, end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOutstanding" xlink:to="label_NumberOfSharesOutstanding_3" xlink:title="label: NumberOfSharesOutstanding to label_NumberOfSharesOutstanding"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="ClassesOfShareCapitalAxis" xlink:title="ClassesOfShareCapitalAxis"/>
    <link:label xlink:type="resource" xlink:label="label_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ClassesOfShareCapitalAxis" xml:lang="en-US" id="label_ClassesOfShareCapitalAxis">Classes of share capital [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfShareCapitalAxis" xlink:to="label_ClassesOfShareCapitalAxis" xlink:title="label: ClassesOfShareCapitalAxis to label_ClassesOfShareCapitalAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OrdinarySharesMember" xlink:label="OrdinarySharesMember" xlink:title="OrdinarySharesMember"/>
    <link:label xlink:type="resource" xlink:label="label_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OrdinarySharesMember" xml:lang="en-US" id="label_OrdinarySharesMember">Ordinary shares [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrdinarySharesMember" xlink:to="label_OrdinarySharesMember" xlink:title="label: OrdinarySharesMember to label_OrdinarySharesMember"/>
    <link:label xlink:type="resource" xlink:label="label_OrdinarySharesMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_OrdinarySharesMember" xml:lang="en-US" id="label_OrdinarySharesMember_2">Total number of ordinary shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OrdinarySharesMember" xlink:to="label_OrdinarySharesMember_2" xlink:title="label: OrdinarySharesMember to label_OrdinarySharesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FounderSharesMember" xlink:label="FounderSharesMember" xlink:title="FounderSharesMember"/>
    <link:label xlink:type="resource" xlink:label="label_FounderSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FounderSharesMember" xml:lang="en-US" id="label_FounderSharesMember">Founder Shares [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FounderSharesMember" xlink:to="label_FounderSharesMember" xlink:title="label: FounderSharesMember to label_FounderSharesMember"/>
    <link:label xlink:type="resource" xlink:label="label_FounderSharesMember_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FounderSharesMember" xml:lang="en-US" id="label_FounderSharesMember_2">Total number of founder shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FounderSharesMember" xlink:to="label_FounderSharesMember_2" xlink:title="label: FounderSharesMember to label_FounderSharesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalIncreaseCashNumberOfShares" xlink:label="CapitalIncreaseCashNumberOfShares" xlink:title="CapitalIncreaseCashNumberOfShares"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseCashNumberOfShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalIncreaseCashNumberOfShares" xml:lang="en-US" id="label_CapitalIncreaseCashNumberOfShares">Capital increase in cash number of shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseCashNumberOfShares" xlink:to="label_CapitalIncreaseCashNumberOfShares" xlink:title="label: CapitalIncreaseCashNumberOfShares to label_CapitalIncreaseCashNumberOfShares"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseCashNumberOfShares_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CapitalIncreaseCashNumberOfShares" xml:lang="en-US" id="label_CapitalIncreaseCashNumberOfShares_2">Capital increase in cash</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseCashNumberOfShares" xlink:to="label_CapitalIncreaseCashNumberOfShares_2" xlink:title="label: CapitalIncreaseCashNumberOfShares to label_CapitalIncreaseCashNumberOfShares"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalIncreaseExerciseWarrantsNumberOfShares" xlink:label="CapitalIncreaseExerciseWarrantsNumberOfShares" xlink:title="CapitalIncreaseExerciseWarrantsNumberOfShares"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseExerciseWarrantsNumberOfShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalIncreaseExerciseWarrantsNumberOfShares" xml:lang="en-US" id="label_CapitalIncreaseExerciseWarrantsNumberOfShares">Capital increase via exercise warrants on, number of shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseExerciseWarrantsNumberOfShares" xlink:to="label_CapitalIncreaseExerciseWarrantsNumberOfShares" xlink:title="label: CapitalIncreaseExerciseWarrantsNumberOfShares to label_CapitalIncreaseExerciseWarrantsNumberOfShares"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract" xlink:label="DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract" xlink:title="DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract" xml:lang="en-US" id="label_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract">Disclosure of number and weighted average remaining contractual life of outstanding share options [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract" xlink:to="label_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract" xlink:title="label: DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract to label_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalAssetsRecognizedAsOfAcquisitionDate" xlink:label="TotalAssetsRecognizedAsOfAcquisitionDate" xlink:title="TotalAssetsRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TotalAssetsRecognizedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalAssetsRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_TotalAssetsRecognizedAsOfAcquisitionDate">Total assets recognized as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalAssetsRecognizedAsOfAcquisitionDate" xlink:to="label_TotalAssetsRecognizedAsOfAcquisitionDate" xlink:title="label: TotalAssetsRecognizedAsOfAcquisitionDate to label_TotalAssetsRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TotalAssetsRecognizedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_TotalAssetsRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_TotalAssetsRecognizedAsOfAcquisitionDate_2">Total Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalAssetsRecognizedAsOfAcquisitionDate" xlink:to="label_TotalAssetsRecognizedAsOfAcquisitionDate_2" xlink:title="label: TotalAssetsRecognizedAsOfAcquisitionDate to label_TotalAssetsRecognizedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:label="CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:title="CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate">Customer-related intangible assets recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:title="label: CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate to label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate_2">Customer relations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate_2" xlink:title="label: CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate to label_CustomerrelatedIntangibleAssetsRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate" xlink:label="OtherIntangibleAssetsRecognizedAsOfAyquisitionDate" xlink:title="OtherIntangibleAssetsRecognizedAsOfAyquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate" xml:lang="en-US" id="label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate">Other intangible assets recognized as of acquisitoin date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIntangibleAssetsRecognizedAsOfAyquisitionDate" xlink:to="label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate" xlink:title="label: OtherIntangibleAssetsRecognizedAsOfAyquisitionDate to label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate" xml:lang="en-US" id="label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate_2">Other intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIntangibleAssetsRecognizedAsOfAyquisitionDate" xlink:to="label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate_2" xlink:title="label: OtherIntangibleAssetsRecognizedAsOfAyquisitionDate to label_OtherIntangibleAssetsRecognizedAsOfAyquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:label="DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:title="DeferredTaxAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate">Deferred tax assets recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:title="label: DeferredTaxAssetsRecognisedAsOfAcquisitionDate to label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate_2">Deferred tax assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssetsRecognisedAsOfAcquisitionDate" xlink:to="label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate_2" xlink:title="label: DeferredTaxAssetsRecognisedAsOfAcquisitionDate to label_DeferredTaxAssetsRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate" xlink:label="OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate" xlink:title="OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate">Other non-current assets recognized as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate" xlink:to="label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate" xlink:title="label: OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate to label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate_2">Other non-current financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate" xlink:to="label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate_2" xlink:title="label: OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate to label_OtherNonCurrentAssetsRecognizedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TradeReceivablesRecognisedAsOfAcquisitionDate" xlink:label="TradeReceivablesRecognisedAsOfAcquisitionDate" xlink:title="TradeReceivablesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TradeReceivablesRecognisedAsOfAcquisitionDate">Trade receivables recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesRecognisedAsOfAcquisitionDate" xlink:to="label_TradeReceivablesRecognisedAsOfAcquisitionDate" xlink:title="label: TradeReceivablesRecognisedAsOfAcquisitionDate to label_TradeReceivablesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeReceivablesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TradeReceivablesRecognisedAsOfAcquisitionDate_2">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesRecognisedAsOfAcquisitionDate" xlink:to="label_TradeReceivablesRecognisedAsOfAcquisitionDate_2" xlink:title="label: TradeReceivablesRecognisedAsOfAcquisitionDate to label_TradeReceivablesRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalLiabilitiesRecognisedAsOfAcquisitionDate" xlink:label="TotalLiabilitiesRecognisedAsOfAcquisitionDate" xlink:title="TotalLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate">Total liabilities recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate" xlink:title="label: TotalLiabilitiesRecognisedAsOfAcquisitionDate to label_TotalLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate_2">Total Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate_2" xlink:title="label: TotalLiabilitiesRecognisedAsOfAcquisitionDate to label_TotalLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate_3">Total Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="label_TotalLiabilitiesRecognisedAsOfAcquisitionDate_3" xlink:title="label: TotalLiabilitiesRecognisedAsOfAcquisitionDate to label_TotalLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForFinanceIncome" xlink:label="AdjustmentsForFinanceIncome" xlink:title="AdjustmentsForFinanceIncome"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForFinanceIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForFinanceIncome" xml:lang="en-US" id="label_AdjustmentsForFinanceIncome">Adjustments for finance income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForFinanceIncome" xlink:to="label_AdjustmentsForFinanceIncome" xlink:title="label: AdjustmentsForFinanceIncome to label_AdjustmentsForFinanceIncome"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForFinanceIncome_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForFinanceIncome" xml:lang="en-US" id="label_AdjustmentsForFinanceIncome_2">Financial income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForFinanceIncome" xlink:to="label_AdjustmentsForFinanceIncome_2" xlink:title="label: AdjustmentsForFinanceIncome to label_AdjustmentsForFinanceIncome"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForFinanceIncome_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_AdjustmentsForFinanceIncome" xml:lang="en-US" id="label_AdjustmentsForFinanceIncome_3">Financial income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForFinanceIncome" xlink:to="label_AdjustmentsForFinanceIncome_3" xlink:title="label: AdjustmentsForFinanceIncome to label_AdjustmentsForFinanceIncome"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForFinanceCosts" xlink:label="AdjustmentsForFinanceCosts" xlink:title="AdjustmentsForFinanceCosts"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForFinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForFinanceCosts" xml:lang="en-US" id="label_AdjustmentsForFinanceCosts">Adjustments for finance costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForFinanceCosts" xlink:to="label_AdjustmentsForFinanceCosts" xlink:title="label: AdjustmentsForFinanceCosts to label_AdjustmentsForFinanceCosts"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForFinanceCosts_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AdjustmentsForFinanceCosts" xml:lang="en-US" id="label_AdjustmentsForFinanceCosts_2">Finance expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForFinanceCosts" xlink:to="label_AdjustmentsForFinanceCosts_2" xlink:title="label: AdjustmentsForFinanceCosts to label_AdjustmentsForFinanceCosts"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:label="OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:title="OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xml:lang="en-US" id="label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities">Acquisition of subsidiary (net of cash)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:to="label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:title="label: OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities to label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xml:lang="en-US" id="label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_2">Acquisition of subsidiary (net of cash)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:to="label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_2" xlink:title="label: OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities to label_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InnovationIncomeDeduction" xlink:label="InnovationIncomeDeduction" xlink:title="InnovationIncomeDeduction"/>
    <link:label xlink:type="resource" xlink:label="label_InnovationIncomeDeduction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InnovationIncomeDeduction" xml:lang="en-US" id="label_InnovationIncomeDeduction">Innovation Income Deduction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InnovationIncomeDeduction" xlink:to="label_InnovationIncomeDeduction" xlink:title="label: InnovationIncomeDeduction to label_InnovationIncomeDeduction"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueOfTotalAssets" xlink:label="FairValueOfTotalAssets" xlink:title="FairValueOfTotalAssets"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfTotalAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOfTotalAssets" xml:lang="en-US" id="label_FairValueOfTotalAssets">Fair value of total assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfTotalAssets" xlink:to="label_FairValueOfTotalAssets" xlink:title="label: FairValueOfTotalAssets to label_FairValueOfTotalAssets"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfTotalAssets_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FairValueOfTotalAssets" xml:lang="en-US" id="label_FairValueOfTotalAssets_2">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfTotalAssets" xlink:to="label_FairValueOfTotalAssets_2" xlink:title="label: FairValueOfTotalAssets to label_FairValueOfTotalAssets"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOfTotalAssets_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FairValueOfTotalAssets" xml:lang="en-US" id="label_FairValueOfTotalAssets_3">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfTotalAssets" xlink:to="label_FairValueOfTotalAssets_3" xlink:title="label: FairValueOfTotalAssets to label_FairValueOfTotalAssets"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillNotDeductibleForTaxPurposes" xlink:label="GoodwillNotDeductibleForTaxPurposes" xlink:title="GoodwillNotDeductibleForTaxPurposes"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillNotDeductibleForTaxPurposes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillNotDeductibleForTaxPurposes" xml:lang="en-US" id="label_GoodwillNotDeductibleForTaxPurposes">Goodwill not deductible for tax purposes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillNotDeductibleForTaxPurposes" xlink:to="label_GoodwillNotDeductibleForTaxPurposes" xlink:title="label: GoodwillNotDeductibleForTaxPurposes to label_GoodwillNotDeductibleForTaxPurposes"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillNotDeductibleForTaxPurposes_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GoodwillNotDeductibleForTaxPurposes" xml:lang="en-US" id="label_GoodwillNotDeductibleForTaxPurposes_2">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillNotDeductibleForTaxPurposes" xlink:to="label_GoodwillNotDeductibleForTaxPurposes_2" xlink:title="label: GoodwillNotDeductibleForTaxPurposes to label_GoodwillNotDeductibleForTaxPurposes"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueContingentConsiderationCurrentPortion" xlink:label="FairValueContingentConsiderationCurrentPortion" xlink:title="FairValueContingentConsiderationCurrentPortion"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueContingentConsiderationCurrentPortion" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueContingentConsiderationCurrentPortion" xml:lang="en-US" id="label_FairValueContingentConsiderationCurrentPortion">Fair value contingent consideration current portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueContingentConsiderationCurrentPortion" xlink:to="label_FairValueContingentConsiderationCurrentPortion" xlink:title="label: FairValueContingentConsiderationCurrentPortion to label_FairValueContingentConsiderationCurrentPortion"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RangeMinimumCumulativeProbabilityOverFiftyPercent" xlink:label="RangeMinimumCumulativeProbabilityOverFiftyPercent" xlink:title="RangeMinimumCumulativeProbabilityOverFiftyPercent"/>
    <link:label xlink:type="resource" xlink:label="label_RangeMinimumCumulativeProbabilityOverFiftyPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RangeMinimumCumulativeProbabilityOverFiftyPercent" xml:lang="en-US" id="label_RangeMinimumCumulativeProbabilityOverFiftyPercent">Range min cumulative probability &gt; 50%</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeMinimumCumulativeProbabilityOverFiftyPercent" xlink:to="label_RangeMinimumCumulativeProbabilityOverFiftyPercent" xlink:title="label: RangeMinimumCumulativeProbabilityOverFiftyPercent to label_RangeMinimumCumulativeProbabilityOverFiftyPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RangeMaximumCumulativeProbabilityOverFiftyPercent" xlink:label="RangeMaximumCumulativeProbabilityOverFiftyPercent" xlink:title="RangeMaximumCumulativeProbabilityOverFiftyPercent"/>
    <link:label xlink:type="resource" xlink:label="label_RangeMaximumCumulativeProbabilityOverFiftyPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RangeMaximumCumulativeProbabilityOverFiftyPercent" xml:lang="en-US" id="label_RangeMaximumCumulativeProbabilityOverFiftyPercent">Range max cumulative probability &gt; 50%</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeMaximumCumulativeProbabilityOverFiftyPercent" xlink:to="label_RangeMaximumCumulativeProbabilityOverFiftyPercent" xlink:title="label: RangeMaximumCumulativeProbabilityOverFiftyPercent to label_RangeMaximumCumulativeProbabilityOverFiftyPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MinimumContingentConsiderationOverTheComingYears" xlink:label="MinimumContingentConsiderationOverTheComingYears" xlink:title="MinimumContingentConsiderationOverTheComingYears"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumContingentConsiderationOverTheComingYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumContingentConsiderationOverTheComingYears" xml:lang="en-US" id="label_MinimumContingentConsiderationOverTheComingYears">Min contingent consideration over the coming years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumContingentConsiderationOverTheComingYears" xlink:to="label_MinimumContingentConsiderationOverTheComingYears" xlink:title="label: MinimumContingentConsiderationOverTheComingYears to label_MinimumContingentConsiderationOverTheComingYears"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MaximumContingentConsiderationOverTheComingYears" xlink:label="MaximumContingentConsiderationOverTheComingYears" xlink:title="MaximumContingentConsiderationOverTheComingYears"/>
    <link:label xlink:type="resource" xlink:label="label_MaximumContingentConsiderationOverTheComingYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumContingentConsiderationOverTheComingYears" xml:lang="en-US" id="label_MaximumContingentConsiderationOverTheComingYears">Max contingent consideration over the coming years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumContingentConsiderationOverTheComingYears" xlink:to="label_MaximumContingentConsiderationOverTheComingYears" xlink:title="label: MaximumContingentConsiderationOverTheComingYears to label_MaximumContingentConsiderationOverTheComingYears"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:label="DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:title="DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate">Deferred tax liabilities recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:title="label: DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate to label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_2">Deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_2" xlink:title="label: DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate to label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_3">Deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_3" xlink:title="label: DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate to label_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:label="DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:title="DeferredIncomeRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredIncomeRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_DeferredIncomeRecognisedAsOfAcquisitionDate">Deferred income recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:to="label_DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:title="label: DeferredIncomeRecognisedAsOfAcquisitionDate to label_DeferredIncomeRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DeferredIncomeRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_DeferredIncomeRecognisedAsOfAcquisitionDate_2">Deferred income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:to="label_DeferredIncomeRecognisedAsOfAcquisitionDate_2" xlink:title="label: DeferredIncomeRecognisedAsOfAcquisitionDate to label_DeferredIncomeRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredIncomeRecognisedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredIncomeRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_DeferredIncomeRecognisedAsOfAcquisitionDate_3">Deferred income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:to="label_DeferredIncomeRecognisedAsOfAcquisitionDate_3" xlink:title="label: DeferredIncomeRecognisedAsOfAcquisitionDate to label_DeferredIncomeRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:label="BorrowingsRecognisedAsOfAcquisitionDate" xlink:title="BorrowingsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_BorrowingsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BorrowingsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_BorrowingsRecognisedAsOfAcquisitionDate">Borrowings recognised as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsRecognisedAsOfAcquisitionDate" xlink:to="label_BorrowingsRecognisedAsOfAcquisitionDate" xlink:title="label: BorrowingsRecognisedAsOfAcquisitionDate to label_BorrowingsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_BorrowingsRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BorrowingsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_BorrowingsRecognisedAsOfAcquisitionDate_2">Loans and borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsRecognisedAsOfAcquisitionDate" xlink:to="label_BorrowingsRecognisedAsOfAcquisitionDate_2" xlink:title="label: BorrowingsRecognisedAsOfAcquisitionDate to label_BorrowingsRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_BorrowingsRecognisedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_BorrowingsRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_BorrowingsRecognisedAsOfAcquisitionDate_3">Loans and borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsRecognisedAsOfAcquisitionDate" xlink:to="label_BorrowingsRecognisedAsOfAcquisitionDate_3" xlink:title="label: BorrowingsRecognisedAsOfAcquisitionDate to label_BorrowingsRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsCatchUpAdjustmentAbstract" xlink:label="IfrsCatchUpAdjustmentsAbstract" xlink:title="IfrsCatchUpAdjustmentsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsCatchUpAdjustmentsAbstract" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentsAbstract">IFRS 15 catch-up adjustment [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentsAbstract" xlink:to="label_IfrsCatchUpAdjustmentsAbstract" xlink:title="label: IfrsCatchUpAdjustmentsAbstract to label_IfrsCatchUpAdjustmentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsCatchUpAdjustmentSoftware" xlink:label="IfrsCatchUpAdjustmentSoftware" xlink:title="IfrsCatchUpAdjustmentSoftware"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentSoftware" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsCatchUpAdjustmentSoftware" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentSoftware">IFRS 15 catch-up adjustment software</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentSoftware" xlink:to="label_IfrsCatchUpAdjustmentSoftware" xlink:title="label: IfrsCatchUpAdjustmentSoftware to label_IfrsCatchUpAdjustmentSoftware"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentSoftware_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IfrsCatchUpAdjustmentSoftware" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentSoftware_2">Software</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentSoftware" xlink:to="label_IfrsCatchUpAdjustmentSoftware_2" xlink:title="label: IfrsCatchUpAdjustmentSoftware to label_IfrsCatchUpAdjustmentSoftware"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsCatchUpAdjustmentMedical" xlink:label="IfrsCatchUpAdjustmentMedical" xlink:title="IfrsCatchUpAdjustmentMedical"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentMedical" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsCatchUpAdjustmentMedical" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentMedical">IFRS 15 catch-up adjustment medical</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentMedical" xlink:to="label_IfrsCatchUpAdjustmentMedical" xlink:title="label: IfrsCatchUpAdjustmentMedical to label_IfrsCatchUpAdjustmentMedical"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentMedical_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IfrsCatchUpAdjustmentMedical" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentMedical_2">Medical</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentMedical" xlink:to="label_IfrsCatchUpAdjustmentMedical_2" xlink:title="label: IfrsCatchUpAdjustmentMedical to label_IfrsCatchUpAdjustmentMedical"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsCatchUpAdjustmentManufacturing" xlink:label="IfrsCatchUpAdjustmentManufacturing" xlink:title="IfrsCatchUpAdjustmentManufacturing"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentManufacturing" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsCatchUpAdjustmentManufacturing" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentManufacturing">IFRS 15 catch-up adjustment manufacturing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentManufacturing" xlink:to="label_IfrsCatchUpAdjustmentManufacturing" xlink:title="label: IfrsCatchUpAdjustmentManufacturing to label_IfrsCatchUpAdjustmentManufacturing"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentManufacturing_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IfrsCatchUpAdjustmentManufacturing" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentManufacturing_2">Manufacturing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentManufacturing" xlink:to="label_IfrsCatchUpAdjustmentManufacturing_2" xlink:title="label: IfrsCatchUpAdjustmentManufacturing to label_IfrsCatchUpAdjustmentManufacturing"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsCatchUpAdjustmentTotal" xlink:label="IfrsCatchUpAdjustmentTotal" xlink:title="IfrsCatchUpAdjustmentTotal"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsCatchUpAdjustmentTotal" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentTotal">IFRS 15 catch-up adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentTotal" xlink:to="label_IfrsCatchUpAdjustmentTotal" xlink:title="label: IfrsCatchUpAdjustmentTotal to label_IfrsCatchUpAdjustmentTotal"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentTotal_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_IfrsCatchUpAdjustmentTotal" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentTotal_2">Total catch-up adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentTotal" xlink:to="label_IfrsCatchUpAdjustmentTotal_2" xlink:title="label: IfrsCatchUpAdjustmentTotal to label_IfrsCatchUpAdjustmentTotal"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants" xlink:label="IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants" xlink:title="IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants" xml:lang="en-US" id="label_IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants">Catch-up Biomet Zimmer and Synthes Implants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants" xlink:to="label_IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants" xlink:title="label: IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants to label_IfrsCatchUpAdjustmentBiometZimmerAndSynthesImplants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsCatchUpAdjustmentSynthesGuides" xlink:label="copyOfIfrsCatchUpAdjustmentSynthesGuides" xlink:title="copyOfIfrsCatchUpAdjustmentSynthesGuides"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfIfrsCatchUpAdjustmentSynthesGuides" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfIfrsCatchUpAdjustmentSynthesGuides" xml:lang="en-US" id="label_copyOfIfrsCatchUpAdjustmentSynthesGuides">Catch-up Synthes Guides</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfIfrsCatchUpAdjustmentSynthesGuides" xlink:to="label_copyOfIfrsCatchUpAdjustmentSynthesGuides" xlink:title="label: copyOfIfrsCatchUpAdjustmentSynthesGuides to label_copyOfIfrsCatchUpAdjustmentSynthesGuides"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsCatchUpTextBlock" xlink:label="IfrsCatchUpTextBlock" xlink:title="IfrsCatchUpTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsCatchUpTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsCatchUpTextBlock" xml:lang="en-US" id="label_IfrsCatchUpTextBlock">IFRS 15 catch-up adjustment [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsCatchUpTextBlock" xlink:to="label_IfrsCatchUpTextBlock" xlink:title="label: IfrsCatchUpTextBlock to label_IfrsCatchUpTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TradePayablesRecognizedAsOfAcquisitionDate" xlink:label="TradePayablesRecognizedAsOfAcquisitionDate" xlink:title="TradePayablesRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TradePayablesRecognizedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradePayablesRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_TradePayablesRecognizedAsOfAcquisitionDate">Trade payables recognized as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesRecognizedAsOfAcquisitionDate" xlink:to="label_TradePayablesRecognizedAsOfAcquisitionDate" xlink:title="label: TradePayablesRecognizedAsOfAcquisitionDate to label_TradePayablesRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TradePayablesRecognizedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradePayablesRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_TradePayablesRecognizedAsOfAcquisitionDate_2">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradePayablesRecognizedAsOfAcquisitionDate" xlink:to="label_TradePayablesRecognizedAsOfAcquisitionDate_2" xlink:title="label: TradePayablesRecognizedAsOfAcquisitionDate to label_TradePayablesRecognizedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxPayablesRecognizedAsOfAcquisitionDate" xlink:label="TaxPayablesRecognizedAsOfAcquisitionDate" xlink:title="TaxPayablesRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TaxPayablesRecognizedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxPayablesRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_TaxPayablesRecognizedAsOfAcquisitionDate">Tax payables recognized as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxPayablesRecognizedAsOfAcquisitionDate" xlink:to="label_TaxPayablesRecognizedAsOfAcquisitionDate" xlink:title="label: TaxPayablesRecognizedAsOfAcquisitionDate to label_TaxPayablesRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TaxPayablesRecognizedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxPayablesRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_TaxPayablesRecognizedAsOfAcquisitionDate_2">Tax payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxPayablesRecognizedAsOfAcquisitionDate" xlink:to="label_TaxPayablesRecognizedAsOfAcquisitionDate_2" xlink:title="label: TaxPayablesRecognizedAsOfAcquisitionDate to label_TaxPayablesRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TaxPayablesRecognizedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_TaxPayablesRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_TaxPayablesRecognizedAsOfAcquisitionDate_3">Tax payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxPayablesRecognizedAsOfAcquisitionDate" xlink:to="label_TaxPayablesRecognizedAsOfAcquisitionDate_3" xlink:title="label: TaxPayablesRecognizedAsOfAcquisitionDate to label_TaxPayablesRecognizedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherLiabilitiesRecognizedAsOfAcquisitionDate" xlink:label="OtherLiabilitiesRecognizedAsOfAcquisitionDate" xlink:title="OtherLiabilitiesRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate">Other liabilities recognized as of acquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilitiesRecognizedAsOfAcquisitionDate" xlink:to="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate" xlink:title="label: OtherLiabilitiesRecognizedAsOfAcquisitionDate to label_OtherLiabilitiesRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate_2">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilitiesRecognizedAsOfAcquisitionDate" xlink:to="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate_2" xlink:title="label: OtherLiabilitiesRecognizedAsOfAcquisitionDate to label_OtherLiabilitiesRecognizedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate" xml:lang="en-US" id="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate_3">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilitiesRecognizedAsOfAcquisitionDate" xlink:to="label_OtherLiabilitiesRecognizedAsOfAcquisitionDate_3" xlink:title="label: OtherLiabilitiesRecognizedAsOfAcquisitionDate to label_OtherLiabilitiesRecognizedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillNotExpectedDeductibleForTaxPurposes" xlink:label="GoodwillNotExpectedDeductibleForTaxPurposes" xlink:title="GoodwillNotExpectedDeductibleForTaxPurposes"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillNotExpectedDeductibleForTaxPurposes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillNotExpectedDeductibleForTaxPurposes" xml:lang="en-US" id="label_GoodwillNotExpectedDeductibleForTaxPurposes">Goodwill not expectged to be deductable for tax purposes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillNotExpectedDeductibleForTaxPurposes" xlink:to="label_GoodwillNotExpectedDeductibleForTaxPurposes" xlink:title="label: GoodwillNotExpectedDeductibleForTaxPurposes to label_GoodwillNotExpectedDeductibleForTaxPurposes"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillNotExpectedDeductibleForTaxPurposes_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GoodwillNotExpectedDeductibleForTaxPurposes" xml:lang="en-US" id="label_GoodwillNotExpectedDeductibleForTaxPurposes_2">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillNotExpectedDeductibleForTaxPurposes" xlink:to="label_GoodwillNotExpectedDeductibleForTaxPurposes_2" xlink:title="label: GoodwillNotExpectedDeductibleForTaxPurposes to label_GoodwillNotExpectedDeductibleForTaxPurposes"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IndemnificationAssets" xlink:label="IndemnificationAssets" xlink:title="IndemnificationAssets"/>
    <link:label xlink:type="resource" xlink:label="label_IndemnificationAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IndemnificationAssets" xml:lang="en-US" id="label_IndemnificationAssets">Indemnification assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndemnificationAssets" xlink:to="label_IndemnificationAssets" xlink:title="label: IndemnificationAssets to label_IndemnificationAssets"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValuePatentedTechnology" xlink:label="FairValuePatentedTechnology" xlink:title="FairValuePatentedTechnology"/>
    <link:label xlink:type="resource" xlink:label="label_FairValuePatentedTechnology" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValuePatentedTechnology" xml:lang="en-US" id="label_FairValuePatentedTechnology">Fair value patented technology</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValuePatentedTechnology" xlink:to="label_FairValuePatentedTechnology" xlink:title="label: FairValuePatentedTechnology to label_FairValuePatentedTechnology"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueCustomerRelationships" xlink:label="FairValueCustomerRelationships" xlink:title="FairValueCustomerRelationships"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueCustomerRelationships" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueCustomerRelationships" xml:lang="en-US" id="label_FairValueCustomerRelationships">Fair value customer relationship</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueCustomerRelationships" xlink:to="label_FairValueCustomerRelationships" xlink:title="label: FairValueCustomerRelationships to label_FairValueCustomerRelationships"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueOrderBacklog" xlink:label="FairValueOrderBacklog" xlink:title="FairValueOrderBacklog"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueOrderBacklog" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueOrderBacklog" xml:lang="en-US" id="label_FairValueOrderBacklog">Fair value order backlog</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOrderBacklog" xlink:to="label_FairValueOrderBacklog" xlink:title="label: FairValueOrderBacklog to label_FairValueOrderBacklog"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueTaxContingency" xlink:label="FairValueTaxContingency" xlink:title="FairValueTaxContingency"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueTaxContingency" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueTaxContingency" xml:lang="en-US" id="label_FairValueTaxContingency">Fair value tax contingency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueTaxContingency" xlink:to="label_FairValueTaxContingency" xlink:title="label: FairValueTaxContingency to label_FairValueTaxContingency"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalEscrowAmount" xlink:label="TotalEscrowAmount" xlink:title="TotalEscrowAmount"/>
    <link:label xlink:type="resource" xlink:label="label_TotalEscrowAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalEscrowAmount" xml:lang="en-US" id="label_TotalEscrowAmount">Escrow amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalEscrowAmount" xlink:to="label_TotalEscrowAmount" xlink:title="label: TotalEscrowAmount to label_TotalEscrowAmount"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalAcquisitionCostsIncurred" xlink:label="TotalAcquisitionCostsIncurred" xlink:title="TotalAcquisitionCostsIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_TotalAcquisitionCostsIncurred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalAcquisitionCostsIncurred" xml:lang="en-US" id="label_TotalAcquisitionCostsIncurred">Total acquisition costs incurred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalAcquisitionCostsIncurred" xlink:to="label_TotalAcquisitionCostsIncurred" xlink:title="label: TotalAcquisitionCostsIncurred to label_TotalAcquisitionCostsIncurred"/>
    <link:label xlink:type="resource" xlink:label="label_TotalAcquisitionCostsIncurred_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TotalAcquisitionCostsIncurred" xml:lang="en-US" id="label_TotalAcquisitionCostsIncurred_2">Acquisition costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalAcquisitionCostsIncurred" xlink:to="label_TotalAcquisitionCostsIncurred_2" xlink:title="label: TotalAcquisitionCostsIncurred to label_TotalAcquisitionCostsIncurred"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AcquisitionOfAcTechTableTextBlock" xlink:label="AcquisitionOfAcTechTableTextBlock" xlink:title="AcquisitionOfAcTechTableTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitionOfAcTechTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionOfAcTechTableTextBlock" xml:lang="en-US" id="label_AcquisitionOfAcTechTableTextBlock">Acquisition of ACTech [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionOfAcTechTableTextBlock" xlink:to="label_AcquisitionOfAcTechTableTextBlock" xlink:title="label: AcquisitionOfAcTechTableTextBlock to label_AcquisitionOfAcTechTableTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PerpetualGrowthrateDecreaseForSensitivityAnalysis" xlink:label="PerpetualGrowthrateDecreaseForSensitivityAnalysis" xlink:title="PerpetualGrowthrateDecreaseForSensitivityAnalysis"/>
    <link:label xlink:type="resource" xlink:label="label_PerpetualGrowthrateDecreaseForSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PerpetualGrowthrateDecreaseForSensitivityAnalysis" xml:lang="en-US" id="label_PerpetualGrowthrateDecreaseForSensitivityAnalysis">Perpetual growth rate decrease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerpetualGrowthrateDecreaseForSensitivityAnalysis" xlink:to="label_PerpetualGrowthrateDecreaseForSensitivityAnalysis" xlink:title="label: PerpetualGrowthrateDecreaseForSensitivityAnalysis to label_PerpetualGrowthrateDecreaseForSensitivityAnalysis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_fiveYearProjectionDecrease" xlink:label="PerpetualGrowthrateForSensitivityAnalysis" xlink:title="PerpetualGrowthrateForSensitivityAnalysis"/>
    <link:label xlink:type="resource" xlink:label="label_PerpetualGrowthrateForSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PerpetualGrowthrateForSensitivityAnalysis" xml:lang="en-US" id="label_PerpetualGrowthrateForSensitivityAnalysis">Five year projection decrease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerpetualGrowthrateForSensitivityAnalysis" xlink:to="label_PerpetualGrowthrateForSensitivityAnalysis" xlink:title="label: PerpetualGrowthrateForSensitivityAnalysis to label_PerpetualGrowthrateForSensitivityAnalysis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech" xlink:label="RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech" xlink:title="RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech" xml:lang="en-US" id="label_RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech">Remaining amortization period software related intangible assets acquisition</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech" xlink:to="label_RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech" xlink:title="label: RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech to label_RemainingAmortizationPeriodSoftwareRelatedIntangibleAssetsAcquisitionAcTech"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech" xlink:label="RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech" xlink:title="RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech" xml:lang="en-US" id="label_RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech">Remaining amortization period patent and licenses related intangible assets acquisition</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech" xlink:to="label_RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech" xlink:title="label: RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech to label_RemainingAmortizationPeriodPatentAndLicensesRelatedIntangibleAssetsAcquisitionAcTech"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech" xlink:label="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech" xlink:title="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech" xml:lang="en-US" id="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech">Remaining amortization period customer related intangible assets acquisition</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech" xlink:to="label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech" xlink:title="label: RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech to label_RemainingAmortizationPeriodCustomerRelatedIntangibleAssetsAcquisitionAcTech"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalizedSoftwareDevelopmentExpenditureNetOfFunding" xlink:label="CapitalizedSoftwareDevelopmentExpenditureNetOfFunding" xlink:title="CapitalizedSoftwareDevelopmentExpenditureNetOfFunding"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalizedSoftwareDevelopmentExpenditureNetOfFunding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalizedSoftwareDevelopmentExpenditureNetOfFunding" xml:lang="en-US" id="label_CapitalizedSoftwareDevelopmentExpenditureNetOfFunding">Capitalized software development expenditure net of funding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedSoftwareDevelopmentExpenditureNetOfFunding" xlink:to="label_CapitalizedSoftwareDevelopmentExpenditureNetOfFunding" xlink:title="label: CapitalizedSoftwareDevelopmentExpenditureNetOfFunding to label_CapitalizedSoftwareDevelopmentExpenditureNetOfFunding"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisition" xlink:label="RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview" xlink:title="RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview"/>
    <link:label xlink:type="resource" xlink:label="label_RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview" xml:lang="en-US" id="label_RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview">Remaining amortization period technology related intangible assets acquisition</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview" xlink:to="label_RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview" xlink:title="label: RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview to label_RemainingAmortizationPeriodTechnologyRelatedIntangibleAssetsAcquisitionOrthoview"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NetLossOnDisposalOfPPE" xlink:label="NetLossOnDisposalOfPPE" xlink:title="NetLossOnDisposalOfPPE"/>
    <link:label xlink:type="resource" xlink:label="label_NetLossOnDisposalOfPPE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetLossOnDisposalOfPPE" xml:lang="en-US" id="label_NetLossOnDisposalOfPPE">Net loss on disposal of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetLossOnDisposalOfPPE" xlink:to="label_NetLossOnDisposalOfPPE" xlink:title="label: NetLossOnDisposalOfPPE to label_NetLossOnDisposalOfPPE"/>
    <link:label xlink:type="resource" xlink:label="label_NetLossOnDisposalOfPPE_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NetLossOnDisposalOfPPE" xml:lang="en-US" id="label_NetLossOnDisposalOfPPE_2">Net loss on disposal of PPE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetLossOnDisposalOfPPE" xlink:to="label_NetLossOnDisposalOfPPE_2" xlink:title="label: NetLossOnDisposalOfPPE to label_NetLossOnDisposalOfPPE"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseThroughLeasedMotorVehicles" xlink:label="IncreaseThroughLeasedMotorVehicles" xlink:title="IncreaseThroughLeasedMotorVehicles"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughLeasedMotorVehicles" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseThroughLeasedMotorVehicles" xml:lang="en-US" id="label_IncreaseThroughLeasedMotorVehicles">Increase through leased motor vehicles</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughLeasedMotorVehicles" xlink:to="label_IncreaseThroughLeasedMotorVehicles" xlink:title="label: IncreaseThroughLeasedMotorVehicles to label_IncreaseThroughLeasedMotorVehicles"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:label="TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:title="TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment" xml:lang="en-US" id="label_TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment">Total accumulated depreciation finance leases machinery property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:to="label_TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment" xlink:title="label: TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment to label_TotalAccumulatedDepreciationFinanceLeasesMachineryPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment" xlink:label="AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment" xlink:title="AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment" xml:lang="en-US" id="label_AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment">Additions finance leases motor vehicles property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment" xlink:to="label_AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment" xlink:title="label: AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment to label_AdditionsFinanceLeasesMotorVehiclesPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LandAndBuildingsPledgesAsSecurity" xlink:label="LandAndBuildingsPledgesAsSecurity" xlink:title="LandAndBuildingsPledgesAsSecurity"/>
    <link:label xlink:type="resource" xlink:label="label_LandAndBuildingsPledgesAsSecurity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LandAndBuildingsPledgesAsSecurity" xml:lang="en-US" id="label_LandAndBuildingsPledgesAsSecurity">Land and buildings pledges as security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandAndBuildingsPledgesAsSecurity" xlink:to="label_LandAndBuildingsPledgesAsSecurity" xlink:title="label: LandAndBuildingsPledgesAsSecurity to label_LandAndBuildingsPledgesAsSecurity"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CurrentAndOtherFixedAssetsPledgesAsSecurity" xlink:label="CurrentAndOtherFixedAssetsPledgesAsSecurity" xlink:title="CurrentAndOtherFixedAssetsPledgesAsSecurity"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentAndOtherFixedAssetsPledgesAsSecurity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentAndOtherFixedAssetsPledgesAsSecurity" xml:lang="en-US" id="label_CurrentAndOtherFixedAssetsPledgesAsSecurity">Current and other fixed assets pledges as security</link:label>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheIpoWarrantPlanTextBlock" xlink:label="DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheIpoWarrantPlanTextBlock" xlink:title="DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheIpoWarrantPlanTextBlock"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheTwothousandfifteenWarrantPlanTextBlock" xlink:to="label_DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheTwothousandfifteenWarrantPlanTextBlock" xlink:title="label: DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheTwothousandfifteenWarrantPlanTextBlock to label_DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheTwothousandfifteenWarrantPlanTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfInputsIntoTheModelOfEquitySettledShareBasedPaymentPlansTextBlock" xlink:label="DisclosureOfInputsIntoTheModelOfEquitySettledShareBasedPaymentPlansTextBlock" xlink:title="DisclosureOfInputsIntoTheModelOfEquitySettledShareBasedPaymentPlansTextBlock"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheCashSettledPlansTextBlock" xlink:label="DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheCashSettledPlansTextBlock" xlink:title="DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheCashSettledPlansTextBlock"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheRapidfitPlanTextBlock" xlink:label="DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheRapidfitPlanTextBlock" xlink:title="DisclosureOfTermsAndConditionsOfShareBasedPaymentPlanArrangementsOfTheRapidfitPlanTextBlock"/>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfMovementCarryingValueOfJointVentureTextBlock" xlink:label="DisclosureOfMovementCarryingValueOfJointVentureTextBlock" xlink:title="DisclosureOfMovementCarryingValueOfJointVentureTextBlock"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutionPercentFoundShares" xlink:to="label_DilutionPercentFoundShares" xlink:title="label: DilutionPercentFoundShares to label_DilutionPercentFoundShares"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceContractMaxDrawFirstTranch" xlink:label="EibFinanceContractCreditLineFirstTranch" xlink:title="EibFinanceContractCreditLineFirstTranch"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceContractCreditLineFirstTranch" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceContractCreditLineFirstTranch" xml:lang="en-US" id="label_EibFinanceContractCreditLineFirstTranch">EIB finance contract max. draw first tranch</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceContractCreditLineFirstTranch" xlink:to="label_EibFinanceContractCreditLineFirstTranch" xlink:title="label: EibFinanceContractCreditLineFirstTranch to label_EibFinanceContractCreditLineFirstTranch"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceDurationFrom" xlink:label="EibFinanceDurationFrom" xlink:title="EibFinanceDurationFrom"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceDurationFrom" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceDurationFrom" xml:lang="en-US" id="label_EibFinanceDurationFrom">EIB finance duration from</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceDurationFrom" xlink:to="label_EibFinanceDurationFrom" xlink:title="label: EibFinanceDurationFrom to label_EibFinanceDurationFrom"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceDurationTo" xlink:label="EibFinanceDurationTo" xlink:title="EibFinanceDurationTo"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceDurationTo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceDurationTo" xml:lang="en-US" id="label_EibFinanceDurationTo">EIB finance duration to</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceDurationTo" xlink:to="label_EibFinanceDurationTo" xlink:title="label: EibFinanceDurationTo to label_EibFinanceDurationTo"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceReimbursementPeriod" xlink:label="EibFinanceReimbursementPeriod" xlink:title="EibFinanceReimbursementPeriod"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceReimbursementPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceReimbursementPeriod" xml:lang="en-US" id="label_EibFinanceReimbursementPeriod">EIB finance reimbursement period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceReimbursementPeriod" xlink:to="label_EibFinanceReimbursementPeriod" xlink:title="label: EibFinanceReimbursementPeriod to label_EibFinanceReimbursementPeriod"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceInterestMargin" xlink:label="EibFinanceInterestMargin" xlink:title="EibFinanceInterestMargin"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceInterestMargin" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceInterestMargin" xml:lang="en-US" id="label_EibFinanceInterestMargin">EIB finance interest margin</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceInterestMargin" xlink:to="label_EibFinanceInterestMargin" xlink:title="label: EibFinanceInterestMargin to label_EibFinanceInterestMargin"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalCostsIncurredContractsInProgress" xlink:label="TotalCostsIncurredContractsInProgress" xlink:title="TotalCostsIncurredContractsInProgress"/>
    <link:label xlink:type="resource" xlink:label="label_TotalCostsIncurredContractsInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalCostsIncurredContractsInProgress" xml:lang="en-US" id="label_TotalCostsIncurredContractsInProgress">Total costs incurred contract in progress</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalCostsIncurredContractsInProgress" xlink:to="label_TotalCostsIncurredContractsInProgress" xlink:title="label: TotalCostsIncurredContractsInProgress to label_TotalCostsIncurredContractsInProgress"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalProfitRecognizedContractsInProgress" xlink:label="TotalProfitRecognizedContractsInProgress" xlink:title="TotalProfitRecognizedContractsInProgress"/>
    <link:label xlink:type="resource" xlink:label="label_TotalProfitRecognizedContractsInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalProfitRecognizedContractsInProgress" xml:lang="en-US" id="label_TotalProfitRecognizedContractsInProgress">Total profit recognized contracts in progress</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalProfitRecognizedContractsInProgress" xlink:to="label_TotalProfitRecognizedContractsInProgress" xlink:title="label: TotalProfitRecognizedContractsInProgress to label_TotalProfitRecognizedContractsInProgress"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalContractsInProgressIncludedInWorkInProgress" xlink:label="TotalContractsInProgressIncludedInWorkInProgress" xlink:title="TotalContractsInProgressIncludedInWorkInProgress"/>
    <link:label xlink:type="resource" xlink:label="label_TotalContractsInProgressIncludedInWorkInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalContractsInProgressIncludedInWorkInProgress" xml:lang="en-US" id="label_TotalContractsInProgressIncludedInWorkInProgress">Total contracts in progress included in work in progress</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalContractsInProgressIncludedInWorkInProgress" xlink:to="label_TotalContractsInProgressIncludedInWorkInProgress" xlink:title="label: TotalContractsInProgressIncludedInWorkInProgress to label_TotalContractsInProgressIncludedInWorkInProgress"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LongTermGuaranteesAndDeposits" xlink:label="LongTermGuaranteesAndDeposits" xlink:title="LongTermGuaranteesAndDeposits"/>
    <link:label xlink:type="resource" xlink:label="label_LongTermGuaranteesAndDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LongTermGuaranteesAndDeposits" xml:lang="en-US" id="label_LongTermGuaranteesAndDeposits">Guarantees and deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LongTermGuaranteesAndDeposits" xlink:to="label_LongTermGuaranteesAndDeposits" xlink:title="label: LongTermGuaranteesAndDeposits to label_LongTermGuaranteesAndDeposits"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NonCurrentReceivableOnJointVenture" xlink:label="NonCurrentReceivableOnJointVenture" xlink:title="NonCurrentReceivableOnJointVenture"/>
    <link:label xlink:type="resource" xlink:label="label_NonCurrentReceivableOnJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCurrentReceivableOnJointVenture" xml:lang="en-US" id="label_NonCurrentReceivableOnJointVenture">Non-current receivable on joint venture</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentReceivableOnJointVenture" xlink:to="label_NonCurrentReceivableOnJointVenture" xlink:title="label: NonCurrentReceivableOnJointVenture to label_NonCurrentReceivableOnJointVenture"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ReceivableRelatedToFactoringInNonTradeReceivable" xlink:label="ReceivableRelatedToFactoringInNonTradeReceivable" xlink:title="ReceivableRelatedToFactoringInNonTradeReceivable"/>
    <link:label xlink:type="resource" xlink:label="label_ReceivableRelatedToFactoringInNonTradeReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReceivableRelatedToFactoringInNonTradeReceivable" xml:lang="en-US" id="label_ReceivableRelatedToFactoringInNonTradeReceivable">Receivable related to factoring included in non-trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivableRelatedToFactoringInNonTradeReceivable" xlink:to="label_ReceivableRelatedToFactoringInNonTradeReceivable" xlink:title="label: ReceivableRelatedToFactoringInNonTradeReceivable to label_ReceivableRelatedToFactoringInNonTradeReceivable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ReceivableRelatedToFactoringInTradeReceivable" xlink:label="ReceivableRelatedToFactoringInTradeReceivable" xlink:title="ReceivableRelatedToFactoringInTradeReceivable"/>
    <link:label xlink:type="resource" xlink:label="label_ReceivableRelatedToFactoringInTradeReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReceivableRelatedToFactoringInTradeReceivable" xml:lang="en-US" id="label_ReceivableRelatedToFactoringInTradeReceivable">Receivable related to factoring included trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivableRelatedToFactoringInTradeReceivable" xlink:to="label_ReceivableRelatedToFactoringInTradeReceivable" xlink:title="label: ReceivableRelatedToFactoringInTradeReceivable to label_ReceivableRelatedToFactoringInTradeReceivable"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:label="CurrentRestrictedCashAndCashEquivalents" xlink:title="CurrentRestrictedCashAndCashEquivalents"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentRestrictedCashAndCashEquivalents" xml:lang="en-US" id="label_CurrentRestrictedCashAndCashEquivalents">Current restricted cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentRestrictedCashAndCashEquivalents" xlink:to="label_CurrentRestrictedCashAndCashEquivalents" xlink:title="label: CurrentRestrictedCashAndCashEquivalents to label_CurrentRestrictedCashAndCashEquivalents"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LegalReservesPercentIncrease" xlink:label="LegalReservesPercentIncrease" xlink:title="LegalReservesPercentIncrease"/>
    <link:label xlink:type="resource" xlink:label="label_LegalReservesPercentIncrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalReservesPercentIncrease" xml:lang="en-US" id="label_LegalReservesPercentIncrease">Legal reserves percent increase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalReservesPercentIncrease" xlink:to="label_LegalReservesPercentIncrease" xlink:title="label: LegalReservesPercentIncrease to label_LegalReservesPercentIncrease"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LegalReserveMaxPercentOfCapital" xlink:label="LegalReserveMaxPercentOfCapital" xlink:title="LegalReserveMaxPercentOfCapital"/>
    <link:label xlink:type="resource" xlink:label="label_LegalReserveMaxPercentOfCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalReserveMaxPercentOfCapital" xml:lang="en-US" id="label_LegalReserveMaxPercentOfCapital">Legal reserve max percent of capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalReserveMaxPercentOfCapital" xlink:to="label_LegalReserveMaxPercentOfCapital" xlink:title="label: LegalReserveMaxPercentOfCapital to label_LegalReserveMaxPercentOfCapital"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NonControllingInterestPercentInRapditFit" xlink:label="NonControllingInterestPercentInRapditFit" xlink:title="NonControllingInterestPercentInRapditFit"/>
    <link:label xlink:type="resource" xlink:label="label_NonControllingInterestPercentInRapditFit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonControllingInterestPercentInRapditFit" xml:lang="en-US" id="label_NonControllingInterestPercentInRapditFit">Non-controlling interest percent in rapdit fit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestPercentInRapditFit" xlink:to="label_NonControllingInterestPercentInRapditFit" xlink:title="label: NonControllingInterestPercentInRapditFit to label_NonControllingInterestPercentInRapditFit"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsGrantsMaterialiseEquitySettledAbstract" xlink:label="DetailsGrantsMaterialiseEquitySettledAbstract" xlink:title="DetailsGrantsMaterialiseEquitySettledAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsGrantsMaterialiseEquitySettledAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsGrantsMaterialiseEquitySettledAbstract" xml:lang="en-US" id="label_DetailsGrantsMaterialiseEquitySettledAbstract">Details grants Materialise - Equity Settled [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsGrantsMaterialiseEquitySettledAbstract" xlink:to="label_DetailsGrantsMaterialiseEquitySettledAbstract" xlink:title="label: DetailsGrantsMaterialiseEquitySettledAbstract to label_DetailsGrantsMaterialiseEquitySettledAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NonCurrentProvisions" xlink:label="NonCurrentProvisions" xlink:title="NonCurrentProvisions"/>
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCurrentProvisions" xml:lang="en-US" id="label_NonCurrentProvisions">Non-current provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisions" xlink:to="label_NonCurrentProvisions" xlink:title="label: NonCurrentProvisions to label_NonCurrentProvisions"/>
    <link:label xlink:type="resource" xlink:label="label_NonCurrentProvisions_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NonCurrentProvisions" xml:lang="en-US" id="label_NonCurrentProvisions_2">Provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCurrentProvisions" xlink:to="label_NonCurrentProvisions_2" xlink:title="label: NonCurrentProvisions to label_NonCurrentProvisions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NonCurrentContingentConsiderationFromBusinessCombination" xlink:label="copyOfNonCurrentProvisions_2" xlink:title="copyOfNonCurrentProvisions"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfNonCurrentProvisions_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfNonCurrentProvisions" xml:lang="en-US" id="label_copyOfNonCurrentProvisions_2">Contingent consideration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfNonCurrentProvisions_2" xlink:to="label_copyOfNonCurrentProvisions_2" xlink:title="label: copyOfNonCurrentProvisions to label_copyOfNonCurrentProvisions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BusinessCombinationsAcTech" xlink:label="BusinessCombinationsAcTech" xlink:title="BusinessCombinationsAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_BusinessCombinationsAcTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BusinessCombinationsAcTech" xml:lang="en-US" id="label_BusinessCombinationsAcTech">Business combinations - ACTech</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessCombinationsAcTech" xlink:to="label_BusinessCombinationsAcTech" xlink:title="label: BusinessCombinationsAcTech to label_BusinessCombinationsAcTech"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinanceLeaseAgreements" xlink:label="FinanceLeaseAgreements" xlink:title="FinanceLeaseAgreements"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseAgreements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseAgreements" xml:lang="en-US" id="label_FinanceLeaseAgreements">Finance Lease Obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseAgreements" xlink:to="label_FinanceLeaseAgreements" xlink:title="label: FinanceLeaseAgreements to label_FinanceLeaseAgreements"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BankInvestmentLoansTop20Outstanding" xlink:label="BankInvestmentLoansTop20Outstanding" xlink:title="BankInvestmentLoansTop20Outstanding"/>
    <link:label xlink:type="resource" xlink:label="label_BankInvestmentLoansTop20Outstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BankInvestmentLoansTop20Outstanding" xml:lang="en-US" id="label_BankInvestmentLoansTop20Outstanding">Investment Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankInvestmentLoansTop20Outstanding" xlink:to="label_BankInvestmentLoansTop20Outstanding" xlink:title="label: BankInvestmentLoansTop20Outstanding to label_BankInvestmentLoansTop20Outstanding"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KEUR8750OtherFacilityLoan" xlink:label="KEUR8750OtherFacilityLoan" xlink:title="KEUR8750OtherFacilityLoan"/>
    <link:label xlink:type="resource" xlink:label="label_KEUR8750OtherFacilityLoan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KEUR8750OtherFacilityLoan" xml:lang="en-US" id="label_KEUR8750OtherFacilityLoan">Other facility loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KEUR8750OtherFacilityLoan" xlink:to="label_KEUR8750OtherFacilityLoan" xlink:title="label: KEUR8750OtherFacilityLoan to label_KEUR8750OtherFacilityLoan"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KEUR11250BankLoanAcTech" xlink:label="KEUR11250BankLoanAcTech" xlink:title="KEUR11250BankLoanAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_KEUR11250BankLoanAcTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KEUR11250BankLoanAcTech" xml:lang="en-US" id="label_KEUR11250BankLoanAcTech">11250 Bank loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KEUR11250BankLoanAcTech" xlink:to="label_KEUR11250BankLoanAcTech" xlink:title="label: KEUR11250BankLoanAcTech to label_KEUR11250BankLoanAcTech"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContingentConsiderationFromBusinessCombination" xlink:label="ContingentConsiderationFromBusinessCombinations" xlink:title="ContingentConsiderationFromBusinessCombinations"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationFromBusinessCombinations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentConsiderationFromBusinessCombinations" xml:lang="en-US" id="label_ContingentConsiderationFromBusinessCombinations">Contingent Consideration from Business Combinations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationFromBusinessCombinations" xlink:to="label_ContingentConsiderationFromBusinessCombinations" xlink:title="label: ContingentConsiderationFromBusinessCombinations to label_ContingentConsiderationFromBusinessCombinations"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationFromBusinessCombinations_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContingentConsiderationFromBusinessCombinations" xml:lang="en-US" id="label_ContingentConsiderationFromBusinessCombinations_2">Contingent consideration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationFromBusinessCombinations" xlink:to="label_ContingentConsiderationFromBusinessCombinations_2" xlink:title="label: ContingentConsiderationFromBusinessCombinations to label_ContingentConsiderationFromBusinessCombinations"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent" xlink:label="ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent" xlink:title="ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent" xml:lang="en-US" id="label_ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent">Contingent Consideration from Business Combinations Classified as Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent" xlink:to="label_ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent" xlink:title="label: ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent to label_ContingentConsiderationFromBusinessCombinationsClassifiedAsCurrent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CashSettledLiabilityShareOptionsGranted" xlink:label="CashSettledLIabilityShareOptionsGranted" xlink:title="CashSettledLIabilityShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_CashSettledLIabilityShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashSettledLIabilityShareOptionsGranted" xml:lang="en-US" id="label_CashSettledLIabilityShareOptionsGranted">Cash settled liability share options granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashSettledLIabilityShareOptionsGranted" xlink:to="label_CashSettledLIabilityShareOptionsGranted" xlink:title="label: CashSettledLIabilityShareOptionsGranted to label_CashSettledLIabilityShareOptionsGranted"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NonIncomeTaxPayablesClassifiedAsCurrent" xlink:label="NonIncomeTaxPayablesClassifiedAsCurrent" xlink:title="NonIncomeTaxPayablesClassifiedAsCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_NonIncomeTaxPayablesClassifiedAsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonIncomeTaxPayablesClassifiedAsCurrent" xml:lang="en-US" id="label_NonIncomeTaxPayablesClassifiedAsCurrent">Non-income tax payables</link:label>
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    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WrittenPutOptionExpenseOfThePeriod" xlink:label="WrittenPutOptionExpenseOfThePeriod" xlink:title="WrittenPutOptionExpenseOfThePeriod"/>
    <link:label xlink:type="resource" xlink:label="label_WrittenPutOptionExpenseOfThePeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WrittenPutOptionExpenseOfThePeriod" xml:lang="en-US" id="label_WrittenPutOptionExpenseOfThePeriod">Written put option expense of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenPutOptionExpenseOfThePeriod" xlink:to="label_WrittenPutOptionExpenseOfThePeriod" xlink:title="label: WrittenPutOptionExpenseOfThePeriod to label_WrittenPutOptionExpenseOfThePeriod"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContingentConsiderationFromBusines" xlink:label="ContingentConsiderationFromBusines" xlink:title="ContingentConsiderationFromBusines"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationFromBusines" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentConsiderationFromBusines" xml:lang="en-US" id="label_ContingentConsiderationFromBusines">Contingent consideration from busines</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationFromBusines" xlink:to="label_ContingentConsiderationFromBusines" xlink:title="label: ContingentConsiderationFromBusines to label_ContingentConsiderationFromBusines"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate" xlink:label="FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate" xlink:title="FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate" xml:lang="en-US" id="label_FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate">Fair value contingent consideration, consideration as per final accounting date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate" xlink:to="label_FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate" xlink:title="label: FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate to label_FairValueContingentConsiderationConsiderationAsPerFinalAccountingDate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DecreaseIncreaseOfFutureHardwareRevenuePercent" xlink:label="DecreaseIncreaseOfFutureHardwareRevenuePercent" xlink:title="DecreaseIncreaseOfFutureHardwareRevenuePercent"/>
    <link:label xlink:type="resource" xlink:label="label_DecreaseIncreaseOfFutureHardwareRevenuePercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseIncreaseOfFutureHardwareRevenuePercent" xml:lang="en-US" id="label_DecreaseIncreaseOfFutureHardwareRevenuePercent">Decrease of future hardware revenue (percent)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseIncreaseOfFutureHardwareRevenuePercent" xlink:to="label_DecreaseIncreaseOfFutureHardwareRevenuePercent" xlink:title="label: DecreaseIncreaseOfFutureHardwareRevenuePercent to label_DecreaseIncreaseOfFutureHardwareRevenuePercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DecreaseIncreaseOfFutureHardwareRevenueImpact" xlink:label="DecreaseIncreaseOfFutureHardwareRevenueImpact" xlink:title="DecreaseIncreaseOfFutureHardwareRevenueImpact"/>
    <link:label xlink:type="resource" xlink:label="label_DecreaseIncreaseOfFutureHardwareRevenueImpact" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DecreaseIncreaseOfFutureHardwareRevenueImpact" xml:lang="en-US" id="label_DecreaseIncreaseOfFutureHardwareRevenueImpact">Decrease of future hardware revenue impact</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DecreaseIncreaseOfFutureHardwareRevenueImpact" xlink:to="label_DecreaseIncreaseOfFutureHardwareRevenueImpact" xlink:title="label: DecreaseIncreaseOfFutureHardwareRevenueImpact to label_DecreaseIncreaseOfFutureHardwareRevenueImpact"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_HigherLoweProductionCostsPercent" xlink:label="HigherLoweProductionCostsPercent" xlink:title="HigherLoweProductionCostsPercent"/>
    <link:label xlink:type="resource" xlink:label="label_HigherLoweProductionCostsPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HigherLoweProductionCostsPercent" xml:lang="en-US" id="label_HigherLoweProductionCostsPercent">Higher production costs (percent)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HigherLoweProductionCostsPercent" xlink:to="label_HigherLoweProductionCostsPercent" xlink:title="label: HigherLoweProductionCostsPercent to label_HigherLoweProductionCostsPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_HigherLoweProductionCostsImpact" xlink:label="HigherLoweProductionCostsImpact" xlink:title="HigherLoweProductionCostsImpact"/>
    <link:label xlink:type="resource" xlink:label="label_HigherLoweProductionCostsImpact" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_HigherLoweProductionCostsImpact" xml:lang="en-US" id="label_HigherLoweProductionCostsImpact">Higher production costs impact</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HigherLoweProductionCostsImpact" xlink:to="label_HigherLoweProductionCostsImpact" xlink:title="label: HigherLoweProductionCostsImpact to label_HigherLoweProductionCostsImpact"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:label="DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:title="DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory">Description of accounting policy for transactions with non-controlling interests [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory to label_DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:label="DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:title="DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory">Description of accounting policy for foreign currency translation [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory to label_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory" xlink:label="DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory" xlink:title="DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory">Description of accounting policy for business combinations and goodwill [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory to label_DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForInvestmentsInJointVentures" xlink:label="DescriptionOfAccountingPolicyForInvestmentsInJointVentures" xlink:title="DescriptionOfAccountingPolicyForInvestmentsInJointVentures"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForInvestmentsInJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForInvestmentsInJointVentures" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForInvestmentsInJointVentures">Description of accounting policy for investments in joint ventures [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForInvestmentsInJointVentures" xlink:to="label_DescriptionOfAccountingPolicyForInvestmentsInJointVentures" xlink:title="label: DescriptionOfAccountingPolicyForInvestmentsInJointVentures to label_DescriptionOfAccountingPolicyForInvestmentsInJointVentures"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:label="DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:title="DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory">Description of accounting policy for property, plant and equipment [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory to label_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:label="DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:title="DescriptionOfAccountingPolicyForLeasesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForLeasesExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForLeasesExplanatory">Description of accounting policy for leases [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForLeasesExplanatory to label_DescriptionOfAccountingPolicyForLeasesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:label="DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:title="DescriptionOfAccountingPolicyForBorrowingCostsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory">Description of accounting policy for borrowing costs [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForBorrowingCostsExplanatory to label_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory" xlink:label="DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory" xlink:title="DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory">Description of accounting policy for research and development expense [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory to label_DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:label="DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:title="DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory">Description of accounting policy for intangible assets other than goodwill [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory to label_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:label="DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:title="DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory">Description of accounting policy for impairment of non-financial assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory to label_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:label="DescriptionOfAccountingPolicyForMeasuringInventories" xlink:title="DescriptionOfAccountingPolicyForMeasuringInventories"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForMeasuringInventories" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForMeasuringInventories">Description of accounting policy for measuring inventories [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForMeasuringInventories" xlink:to="label_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:title="label: DescriptionOfAccountingPolicyForMeasuringInventories to label_DescriptionOfAccountingPolicyForMeasuringInventories"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:label="DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:title="DescriptionOfAccountingPolicyForFinancialAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory">Description of accounting policy for financial assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForFinancialAssetsExplanatory to label_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:label="DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:title="DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory">Description of accounting policy for financial liabilities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory to label_DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:label="DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:title="DescriptionOfAccountingPolicyForIssuedCapitalExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory">Description of accounting policy for issued capital [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForIssuedCapitalExplanatory to label_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:label="DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:title="DescriptionOfAccountingPolicyForProvisionsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForProvisionsExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForProvisionsExplanatory">Description of accounting policy for provisions [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForProvisionsExplanatory to label_DescriptionOfAccountingPolicyForProvisionsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:label="DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:title="DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory"/>
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory to label_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:label="DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:title="DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory">Description of accounting policy for share-based payment transactions [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory to label_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:label="DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:title="DescriptionOfAccountingPolicyForRecognitionOfRevenue"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForRecognitionOfRevenue">Description of accounting policy for recognition of revenue [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:to="label_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:title="label: DescriptionOfAccountingPolicyForRecognitionOfRevenue to label_DescriptionOfAccountingPolicyForRecognitionOfRevenue"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:label="DescriptionOfAccountingPolicyForGovernmentGrants" xlink:title="DescriptionOfAccountingPolicyForGovernmentGrants"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForGovernmentGrants" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForGovernmentGrants">Description of accounting policy for government grants [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForGovernmentGrants" xlink:to="label_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:title="label: DescriptionOfAccountingPolicyForGovernmentGrants to label_DescriptionOfAccountingPolicyForGovernmentGrants"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory" xlink:label="DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory" xlink:title="DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory">Description of accounting policy for finance income and costs [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory to label_DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:label="DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:title="DescriptionOfAccountingPolicyForIncomeTaxExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForIncomeTaxExplanatory">Description of accounting policy for income tax [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForIncomeTaxExplanatory to label_DescriptionOfAccountingPolicyForIncomeTaxExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory" xlink:label="DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory" xlink:title="DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory">Description of accounting policy for taxes other than income tax [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory to label_DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers" xlink:label="DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers" xlink:title="DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers" xml:lang="en-US" id="label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers">Description of judgements, and changes in judgements, that significantly affect determination of amount and timing of revenue from contracts with customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers" xlink:to="label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers" xlink:title="label: DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers to label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyAffectDeterminationOfAmountAndTimingOfRevenueFromContractsWithCustomers"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:label="DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:title="DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xml:lang="en-US" id="label_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory">Disclosure of detailed information about business combinations [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:to="label_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory to label_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration" xlink:label="ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration" xlink:title="ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration"/>
    <link:label xlink:type="resource" xlink:label="label_ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration" xml:lang="en-US" id="label_ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration">Explanation of any changes in recognised amounts of contingent consideration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration" xlink:to="label_ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration" xlink:title="label: ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration to label_ExplanationOfAnyChangesInRecognisedAmountsOfContingentConsideration"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:label="DisclosureOfBorrowingsExplanatory" xlink:title="DisclosureOfBorrowingsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfBorrowingsExplanatory" xml:lang="en-US" id="label_DisclosureOfBorrowingsExplanatory">Disclosure of borrowings [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBorrowingsExplanatory" xlink:to="label_DisclosureOfBorrowingsExplanatory" xlink:title="label: DisclosureOfBorrowingsExplanatory to label_DisclosureOfBorrowingsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfRevenueExplanatory" xlink:label="DisclosureOfRevenueExplanatory" xlink:title="DisclosureOfRevenueExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRevenueExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRevenueExplanatory" xml:lang="en-US" id="label_DisclosureOfRevenueExplanatory">Disclosure of revenue [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRevenueExplanatory" xlink:to="label_DisclosureOfRevenueExplanatory" xlink:title="label: DisclosureOfRevenueExplanatory to label_DisclosureOfRevenueExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfRevenueByCategoryAbstract" xlink:label="RevenueByCategoryAbstract" xlink:title="RevenueByCategoryAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueByCategoryAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueByCategoryAbstract" xml:lang="en-US" id="label_RevenueByCategoryAbstract">Disclosure of revenue by category [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueByCategoryAbstract" xlink:to="label_RevenueByCategoryAbstract" xlink:title="label: RevenueByCategoryAbstract to label_RevenueByCategoryAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfRevenueByCategoryTable" xlink:label="DisclosureOfRevenueByCategoryTable" xlink:title="DisclosureOfRevenueByCategoryTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRevenueByCategoryTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRevenueByCategoryTable" xml:lang="en-US" id="label_DisclosureOfRevenueByCategoryTable">Disclosure of revenue by category [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRevenueByCategoryTable" xlink:to="label_DisclosureOfRevenueByCategoryTable" xlink:title="label: DisclosureOfRevenueByCategoryTable to label_DisclosureOfRevenueByCategoryTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfRevenueByCategoryLineItems" xlink:label="DisclosureOfRevenueByLineItems" xlink:title="DisclosureOfRevenueByLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRevenueByLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRevenueByLineItems" xml:lang="en-US" id="label_DisclosureOfRevenueByLineItems">Disclosure of revenue by category [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRevenueByLineItems" xlink:to="label_DisclosureOfRevenueByLineItems" xlink:title="label: DisclosureOfRevenueByLineItems to label_DisclosureOfRevenueByLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CategoriesAxis" xlink:label="CategoriesAxis" xlink:title="CategoriesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_CategoriesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CategoriesAxis" xml:lang="en-US" id="label_CategoriesAxis">Categories [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesAxis" xlink:to="label_CategoriesAxis" xlink:title="label: CategoriesAxis to label_CategoriesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AllCategoriesMember" xlink:label="AllCategoriesMember" xlink:title="AllCategoriesMember"/>
    <link:label xlink:type="resource" xlink:label="label_AllCategoriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllCategoriesMember" xml:lang="en-US" id="label_AllCategoriesMember">All categories [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllCategoriesMember" xlink:to="label_AllCategoriesMember" xlink:title="label: AllCategoriesMember to label_AllCategoriesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SoftwareNonMedicalMember" xlink:label="SoftwareNonMedicalMember" xlink:title="SoftwareNonMedicalMember"/>
    <link:label xlink:type="resource" xlink:label="label_SoftwareNonMedicalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SoftwareNonMedicalMember" xml:lang="en-US" id="label_SoftwareNonMedicalMember">Software (non-medical) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoftwareNonMedicalMember" xlink:to="label_SoftwareNonMedicalMember" xlink:title="label: SoftwareNonMedicalMember to label_SoftwareNonMedicalMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SoftwareMedicalMember" xlink:label="SoftwareMedicalMember" xlink:title="SoftwareMedicalMember"/>
    <link:label xlink:type="resource" xlink:label="label_SoftwareMedicalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SoftwareMedicalMember" xml:lang="en-US" id="label_SoftwareMedicalMember">Software (medical) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoftwareMedicalMember" xlink:to="label_SoftwareMedicalMember" xlink:title="label: SoftwareMedicalMember to label_SoftwareMedicalMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MedicalDevicesAndServicesMember" xlink:label="MedicalDevicesAndServicesMember" xlink:title="MedicalDevicesAndServicesMember"/>
    <link:label xlink:type="resource" xlink:label="label_MedicalDevicesAndServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MedicalDevicesAndServicesMember" xml:lang="en-US" id="label_MedicalDevicesAndServicesMember">Medical devices and services [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MedicalDevicesAndServicesMember" xlink:to="label_MedicalDevicesAndServicesMember" xlink:title="label: MedicalDevicesAndServicesMember to label_MedicalDevicesAndServicesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PrototypingMember" xlink:label="PrototypingMember" xlink:title="PrototypingMember"/>
    <link:label xlink:type="resource" xlink:label="label_PrototypingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PrototypingMember" xml:lang="en-US" id="label_PrototypingMember">Prototyping [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrototypingMember" xlink:to="label_PrototypingMember" xlink:title="label: PrototypingMember to label_PrototypingMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EndPartsProductionMember" xlink:label="EndPartsProductionMember" xlink:title="EndPartsProductionMember"/>
    <link:label xlink:type="resource" xlink:label="label_EndPartsProductionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EndPartsProductionMember" xml:lang="en-US" id="label_EndPartsProductionMember">End parts production [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EndPartsProductionMember" xlink:to="label_EndPartsProductionMember" xlink:title="label: EndPartsProductionMember to label_EndPartsProductionMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ComplexMetalPartsProductionAcTechMember" xlink:label="ComplexMetalPartsProductionAcTechMember" xlink:title="ComplexMetalPartsProductionAcTechMember"/>
    <link:label xlink:type="resource" xlink:label="label_ComplexMetalPartsProductionAcTechMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ComplexMetalPartsProductionAcTechMember" xml:lang="en-US" id="label_ComplexMetalPartsProductionAcTechMember">Complex metal parts production (ACTech) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComplexMetalPartsProductionAcTechMember" xlink:to="label_ComplexMetalPartsProductionAcTechMember" xlink:title="label: ComplexMetalPartsProductionAcTechMember to label_ComplexMetalPartsProductionAcTechMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherCategoryMember" xlink:label="OtherCategoryMember" xlink:title="OtherCategoryMember"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCategoryMember" xml:lang="en-US" id="label_OtherCategoryMember">Other category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCategoryMember" xlink:to="label_OtherCategoryMember" xlink:title="label: OtherCategoryMember to label_OtherCategoryMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CategoriesMember" xlink:label="CategoriesMember" xlink:title="CategoriesMember"/>
    <link:label xlink:type="resource" xlink:label="label_CategoriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CategoriesMember" xml:lang="en-US" id="label_CategoriesMember">Categories [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesMember" xlink:to="label_CategoriesMember" xlink:title="label: CategoriesMember to label_CategoriesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RptTotalRentPaidToAlliantus" xlink:label="RptTotalRentPaidToAlliantus" xlink:title="RptTotalRentPaidToAlliantus"/>
    <link:label xlink:type="resource" xlink:label="label_RptTotalRentPaidToAlliantus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RptTotalRentPaidToAlliantus" xml:lang="en-US" id="label_RptTotalRentPaidToAlliantus">Rent paid to Ailanthus (related party)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RptTotalRentPaidToAlliantus" xlink:to="label_RptTotalRentPaidToAlliantus" xlink:title="label: RptTotalRentPaidToAlliantus to label_RptTotalRentPaidToAlliantus"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfAgeingOfTradeReceivablesTextBlock" xlink:label="DisclosureOfAgeingOfTradeReceivablesTextBlock" xlink:title="DisclosureOfAgeingOfTradeReceivablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfAgeingOfTradeReceivablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfAgeingOfTradeReceivablesTextBlock" xml:lang="en-US" id="label_DisclosureOfAgeingOfTradeReceivablesTextBlock">Disclosure of aging of trade receivables [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAgeingOfTradeReceivablesTextBlock" xlink:to="label_DisclosureOfAgeingOfTradeReceivablesTextBlock" xlink:title="label: DisclosureOfAgeingOfTradeReceivablesTextBlock to label_DisclosureOfAgeingOfTradeReceivablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_fNetLossOnDisposalOfPpeTextValue" xlink:label="fNetLossOnDisposalOfPpeTextValue" xlink:title="fNetLossOnDisposalOfPpeTextValue"/>
    <link:label xlink:type="resource" xlink:label="label_fNetLossOnDisposalOfPpeTextValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_fNetLossOnDisposalOfPpeTextValue" xml:lang="en-US" id="label_fNetLossOnDisposalOfPpeTextValue">Net loss on disposal of property, plant and equipment text value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="fNetLossOnDisposalOfPpeTextValue" xlink:to="label_fNetLossOnDisposalOfPpeTextValue" xlink:title="label: fNetLossOnDisposalOfPpeTextValue to label_fNetLossOnDisposalOfPpeTextValue"/>
    <link:label xlink:type="resource" xlink:label="label_fNetLossOnDisposalOfPpeTextValue_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_fNetLossOnDisposalOfPpeTextValue" xml:lang="en-US" id="label_fNetLossOnDisposalOfPpeTextValue_2">Net loss on disposal of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="fNetLossOnDisposalOfPpeTextValue" xlink:to="label_fNetLossOnDisposalOfPpeTextValue_2" xlink:title="label: fNetLossOnDisposalOfPpeTextValue to label_fNetLossOnDisposalOfPpeTextValue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RateForAmountEur" xlink:label="RateForAmountEur" xlink:title="RateForAmountEur"/>
    <link:label xlink:type="resource" xlink:label="label_RateForAmountEur" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RateForAmountEur" xml:lang="en-US" id="label_RateForAmountEur">Rate for amount in EUR</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RateForAmountEur" xlink:to="label_RateForAmountEur" xlink:title="label: RateForAmountEur to label_RateForAmountEur"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UsdRateIncreaseBy" xlink:label="UsdRateIncreaseBy" xlink:title="UsdRateIncreaseBy"/>
    <link:label xlink:type="resource" xlink:label="label_UsdRateIncreaseBy" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UsdRateIncreaseBy" xml:lang="en-US" id="label_UsdRateIncreaseBy">USD rate increase/decrease by</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsdRateIncreaseBy" xlink:to="label_UsdRateIncreaseBy" xlink:title="label: UsdRateIncreaseBy to label_UsdRateIncreaseBy"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NetResultWouldBeHigher" xlink:label="NetResultWouldBeHigher" xlink:title="NetResultWouldBeHigher"/>
    <link:label xlink:type="resource" xlink:label="label_NetResultWouldBeHigher" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetResultWouldBeHigher" xml:lang="en-US" id="label_NetResultWouldBeHigher">Net result would be higher</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetResultWouldBeHigher" xlink:to="label_NetResultWouldBeHigher" xlink:title="label: NetResultWouldBeHigher to label_NetResultWouldBeHigher"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UsdRateDecreaseBy" xlink:label="UsdRateDecreaseBy" xlink:title="UsdRateDecreaseBy"/>
    <link:label xlink:type="resource" xlink:label="label_UsdRateDecreaseBy" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UsdRateDecreaseBy" xml:lang="en-US" id="label_UsdRateDecreaseBy">USD rate decrease by</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsdRateDecreaseBy" xlink:to="label_UsdRateDecreaseBy" xlink:title="label: UsdRateDecreaseBy to label_UsdRateDecreaseBy"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NetResultWouldBeLower" xlink:label="NetResultWouldBeLower" xlink:title="NetResultWouldBeLower"/>
    <link:label xlink:type="resource" xlink:label="label_NetResultWouldBeLower" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetResultWouldBeLower" xml:lang="en-US" id="label_NetResultWouldBeLower">Net result would be lower</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetResultWouldBeLower" xlink:to="label_NetResultWouldBeLower" xlink:title="label: NetResultWouldBeLower to label_NetResultWouldBeLower"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfFairValueFinancialAssetsTable" xlink:label="DisclosureOfFairValueTable" xlink:title="DisclosureOfFairValueTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFairValueTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFairValueTable" xml:lang="en-US" id="label_DisclosureOfFairValueTable">Disclosure of fair value of financial assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueTable" xlink:to="label_DisclosureOfFairValueTable" xlink:title="label: DisclosureOfFairValueTable to label_DisclosureOfFairValueTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfFairValueFinancialAssetsLineItems" xlink:label="DisclosureOfFairValueLineItems" xlink:title="DisclosureOfFairValueLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFairValueLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFairValueLineItems" xml:lang="en-US" id="label_DisclosureOfFairValueLineItems">Disclosure of fair value of financial assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueLineItems" xlink:to="label_DisclosureOfFairValueLineItems" xlink:title="label: DisclosureOfFairValueLineItems to label_DisclosureOfFairValueLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueCategoryAxis" xlink:label="FairValueValueCategoryAxis" xlink:title="FairValueValueCategoryAxis"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueValueCategoryAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueValueCategoryAxis" xml:lang="en-US" id="label_FairValueValueCategoryAxis">Fair value category [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueValueCategoryAxis" xlink:to="label_FairValueValueCategoryAxis" xlink:title="label: FairValueValueCategoryAxis to label_FairValueValueCategoryAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AllFairValueCategoriesMember" xlink:label="copyOfOtherCategoryMember" xlink:title="copyOfOtherCategoryMember"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfOtherCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfOtherCategoryMember" xml:lang="en-US" id="label_copyOfOtherCategoryMember">All fair value categories [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfOtherCategoryMember" xlink:to="label_copyOfOtherCategoryMember" xlink:title="label: copyOfOtherCategoryMember to label_copyOfOtherCategoryMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:label="FinancialAssetsAtAmortisedCostMember" xlink:title="FinancialAssetsAtAmortisedCostMember"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialAssetsAtAmortisedCostMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialAssetsAtAmortisedCostMember" xml:lang="en-US" id="label_FinancialAssetsAtAmortisedCostMember">Financial assets at amortised cost, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCostMember" xlink:to="label_FinancialAssetsAtAmortisedCostMember" xlink:title="label: FinancialAssetsAtAmortisedCostMember to label_FinancialAssetsAtAmortisedCostMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:label="NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:title="NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember"/>
    <link:label xlink:type="resource" xlink:label="label_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xml:lang="en-US" id="label_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember">At fair value [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:to="label_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember" xlink:title="label: NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember to label_NotMeasuredAtFairValueInStatementOfFinancialPositionButForWhichFairValueIsDisclosedMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherCurrentFinancialAssets" xlink:label="OtherCurrentFinancialAssets" xlink:title="OtherCurrentFinancialAssets"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentFinancialAssets" xml:lang="en-US" id="label_OtherCurrentFinancialAssets">Other current financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentFinancialAssets" xlink:to="label_OtherCurrentFinancialAssets" xlink:title="label: OtherCurrentFinancialAssets to label_OtherCurrentFinancialAssets"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureFairValueFinancialLiabilitiesAbstract" xlink:label="DisclosureFairValueFinancialLiabilitiesAbstract" xlink:title="DisclosureFairValueFinancialLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureFairValueFinancialLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureFairValueFinancialLiabilitiesAbstract" xml:lang="en-US" id="label_DisclosureFairValueFinancialLiabilitiesAbstract">Disclosure of fair value of financial liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureFairValueFinancialLiabilitiesAbstract" xlink:to="label_DisclosureFairValueFinancialLiabilitiesAbstract" xlink:title="label: DisclosureFairValueFinancialLiabilitiesAbstract to label_DisclosureFairValueFinancialLiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfFairValueFinancialLiabilitiesTable" xlink:label="DisclosureOfFairValueFinancialLiabilitiesTable" xlink:title="DisclosureOfFairValueFinancialLiabilitiesTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFairValueFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFairValueFinancialLiabilitiesTable" xml:lang="en-US" id="label_DisclosureOfFairValueFinancialLiabilitiesTable">Disclosure of fair value of financial liabilities [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueFinancialLiabilitiesTable" xlink:to="label_DisclosureOfFairValueFinancialLiabilitiesTable" xlink:title="label: DisclosureOfFairValueFinancialLiabilitiesTable to label_DisclosureOfFairValueFinancialLiabilitiesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfFairValueFinancialLiabilitiesLineItems" xlink:label="DisclosureOfFairValueFinancialLiabilitiesLineItems" xlink:title="DisclosureOfFairValueFinancialLiabilitiesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFairValueFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFairValueFinancialLiabilitiesLineItems" xml:lang="en-US" id="label_DisclosureOfFairValueFinancialLiabilitiesLineItems">Disclosure of fair value of financial liabilities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueFinancialLiabilitiesLineItems" xlink:to="label_DisclosureOfFairValueFinancialLiabilitiesLineItems" xlink:title="label: DisclosureOfFairValueFinancialLiabilitiesLineItems to label_DisclosureOfFairValueFinancialLiabilitiesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WrittenPutOptionOnNCI" xlink:label="copyOfConsolidatedReserves" xlink:title="copyOfConsolidatedReserves"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfConsolidatedReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfConsolidatedReserves" xml:lang="en-US" id="label_copyOfConsolidatedReserves">Written put option on NCI</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfConsolidatedReserves" xlink:to="label_copyOfConsolidatedReserves" xlink:title="label: copyOfConsolidatedReserves to label_copyOfConsolidatedReserves"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:label="DisclosureOfOtherAssetsExplanatory" xlink:title="DisclosureOfOtherAssetsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherAssetsExplanatory" xml:lang="en-US" id="label_DisclosureOfOtherAssetsExplanatory">Disclosure of other assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsExplanatory" xlink:to="label_DisclosureOfOtherAssetsExplanatory" xlink:title="label: DisclosureOfOtherAssetsExplanatory to label_DisclosureOfOtherAssetsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsExpenseAndWeightedAverageAbstract" xlink:label="DetailsExpenseAndWeightedAverageAbstract" xlink:title="DetailsExpenseAndWeightedAverageAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsExpenseAndWeightedAverageAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsExpenseAndWeightedAverageAbstract" xml:lang="en-US" id="label_DetailsExpenseAndWeightedAverageAbstract">Details expense and weighted average [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsExpenseAndWeightedAverageAbstract" xlink:to="label_DetailsExpenseAndWeightedAverageAbstract" xlink:title="label: DetailsExpenseAndWeightedAverageAbstract to label_DetailsExpenseAndWeightedAverageAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalShareholdersCapitalMember" xlink:label="TotalShareholdersCapitalMember" xlink:title="TotalShareholdersCapitalMember"/>
    <link:label xlink:type="resource" xlink:label="label_TotalShareholdersCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalShareholdersCapitalMember" xml:lang="en-US" id="label_TotalShareholdersCapitalMember">Total shareholders' capital [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalShareholdersCapitalMember" xlink:to="label_TotalShareholdersCapitalMember" xlink:title="label: TotalShareholdersCapitalMember to label_TotalShareholdersCapitalMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalSharePremiumMember" xlink:label="TotalSharePremiumMember" xlink:title="TotalSharePremiumMember"/>
    <link:label xlink:type="resource" xlink:label="label_TotalSharePremiumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalSharePremiumMember" xml:lang="en-US" id="label_TotalSharePremiumMember">Total share-premium [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalSharePremiumMember" xlink:to="label_TotalSharePremiumMember" xlink:title="label: TotalSharePremiumMember to label_TotalSharePremiumMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ParValuePerShare" xlink:label="ParValuePerShare" xlink:title="ParValuePerShare"/>
    <link:label xlink:type="resource" xlink:label="label_ParValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ParValuePerShare" xml:lang="en-US" id="label_ParValuePerShare">Par value per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParValuePerShare" xlink:to="label_ParValuePerShare" xlink:title="label: ParValuePerShare to label_ParValuePerShare"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalIncreaseInCashPricePerShare" xlink:label="CapitalIncreaseInCashPricePerShare" xlink:title="CapitalIncreaseInCashPricePerShare"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseInCashPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalIncreaseInCashPricePerShare" xml:lang="en-US" id="label_CapitalIncreaseInCashPricePerShare">Capital increase in cash price per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseInCashPricePerShare" xlink:to="label_CapitalIncreaseInCashPricePerShare" xlink:title="label: CapitalIncreaseInCashPricePerShare to label_CapitalIncreaseInCashPricePerShare"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalIncreaseExerciseWarrantsPricePerShare" xlink:label="CapitalIncreaseExerciseWarrantsPricePerShare" xlink:title="CapitalIncreaseExerciseWarrantsPricePerShare"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseExerciseWarrantsPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalIncreaseExerciseWarrantsPricePerShare" xml:lang="en-US" id="label_CapitalIncreaseExerciseWarrantsPricePerShare">Capital increase exercise warrants price per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseExerciseWarrantsPricePerShare" xlink:to="label_CapitalIncreaseExerciseWarrantsPricePerShare" xlink:title="label: CapitalIncreaseExerciseWarrantsPricePerShare to label_CapitalIncreaseExerciseWarrantsPricePerShare"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfShareBasedPaymentPlanAbstract" xlink:label="DisclosureOfShareBasedPaymentPlanAbstract" xlink:title="DisclosureOfShareBasedPaymentPlanAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfShareBasedPaymentPlanAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfShareBasedPaymentPlanAbstract" xml:lang="en-US" id="label_DisclosureOfShareBasedPaymentPlanAbstract">Disclosure of share-based payment plan [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfShareBasedPaymentPlanAbstract" xlink:to="label_DisclosureOfShareBasedPaymentPlanAbstract" xlink:title="label: DisclosureOfShareBasedPaymentPlanAbstract to label_DisclosureOfShareBasedPaymentPlanAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfShareBasedPaymentPlanTable" xlink:label="DisclosureOfShareBasedPaymentPlanTable" xlink:title="DisclosureOfShareBasedPaymentPlanTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfShareBasedPaymentPlanTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfShareBasedPaymentPlanTable" xml:lang="en-US" id="label_DisclosureOfShareBasedPaymentPlanTable">Disclosure of share-based payment plan [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfShareBasedPaymentPlanTable" xlink:to="label_DisclosureOfShareBasedPaymentPlanTable" xlink:title="label: DisclosureOfShareBasedPaymentPlanTable to label_DisclosureOfShareBasedPaymentPlanTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfShareBasedPaymentPlanLineItems" xlink:label="DisclosureOfShareBasedPaymentPlanLineItems" xlink:title="DisclosureOfShareBasedPaymentPlanLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfShareBasedPaymentPlanLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfShareBasedPaymentPlanLineItems" xml:lang="en-US" id="label_DisclosureOfShareBasedPaymentPlanLineItems">Disclosure of share-based payment plan [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfShareBasedPaymentPlanLineItems" xlink:to="label_DisclosureOfShareBasedPaymentPlanLineItems" xlink:title="label: DisclosureOfShareBasedPaymentPlanLineItems to label_DisclosureOfShareBasedPaymentPlanLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ShareBasedPaymentPlanCategoryAxis" xlink:label="ShareBasedPaymentPlanCategoryAxis" xlink:title="ShareBasedPaymentPlanCategoryAxis"/>
    <link:label xlink:type="resource" xlink:label="label_ShareBasedPaymentPlanCategoryAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareBasedPaymentPlanCategoryAxis" xml:lang="en-US" id="label_ShareBasedPaymentPlanCategoryAxis">Warrant plan category [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareBasedPaymentPlanCategoryAxis" xlink:to="label_ShareBasedPaymentPlanCategoryAxis" xlink:title="label: ShareBasedPaymentPlanCategoryAxis to label_ShareBasedPaymentPlanCategoryAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AllWarrantsPlansMember" xlink:label="AllWarrantsPlansMember" xlink:title="AllWarrantsPlansMember"/>
    <link:label xlink:type="resource" xlink:label="label_AllWarrantsPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllWarrantsPlansMember" xml:lang="en-US" id="label_AllWarrantsPlansMember">All warrants plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllWarrantsPlansMember" xlink:to="label_AllWarrantsPlansMember" xlink:title="label: AllWarrantsPlansMember to label_AllWarrantsPlansMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfOutstandingShareOptions" xlink:label="NumberOfOutstandingShareOptions" xlink:title="NumberOfOutstandingShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfOutstandingShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfOutstandingShareOptions" xml:lang="en-US" id="label_NumberOfOutstandingShareOptions">Number of share options outstanding in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOutstandingShareOptions" xlink:to="label_NumberOfOutstandingShareOptions" xlink:title="label: NumberOfOutstandingShareOptions to label_NumberOfOutstandingShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfOutstandingShareOptions_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_NumberOfOutstandingShareOptions" xml:lang="en-US" id="label_NumberOfOutstandingShareOptions_2">Outstanding at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOutstandingShareOptions" xlink:to="label_NumberOfOutstandingShareOptions_2" xlink:title="label: NumberOfOutstandingShareOptions to label_NumberOfOutstandingShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfOutstandingShareOptions_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_NumberOfOutstandingShareOptions" xml:lang="en-US" id="label_NumberOfOutstandingShareOptions_3">Outstanding at end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOutstandingShareOptions" xlink:to="label_NumberOfOutstandingShareOptions_3" xlink:title="label: NumberOfOutstandingShareOptions to label_NumberOfOutstandingShareOptions"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:label="NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:title="NumberOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement">Number of share options granted in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:title="label: NumberOfShareOptionsGrantedInSharebasedPaymentArrangement to label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_2">Granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_2" xlink:title="label: NumberOfShareOptionsGrantedInSharebasedPaymentArrangement to label_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NumberOfSharesOptionsForfeitedCancelledInShareBasedPaymentArrangements" xlink:label="NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements" xlink:title="NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements" xml:lang="en-US" id="label_NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements">Number of shares options forfeited cancelled in share based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements" xlink:to="label_NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements" xlink:title="label: NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements to label_NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesOptionsForfeitedCancelledInShareBasedPaymentArrangements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfSharesOptionsForfeitedCancelledInShareBasedPaymentArrangements" xml:lang="en-US" id="label_NumberOfSharesOptionsForfeitedCancelledInShareBasedPaymentArrangements">Forfeited / Cancelled</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOptionsFofeitedCancelledInShareBasedPaymentArrangements" xlink:to="label_NumberOfSharesOptionsForfeitedCancelledInShareBasedPaymentArrangements" xlink:title="label: NumberOfSharesOptionsForfeitedCancelledInShareBasedPaymentArrangements to label_NumberOfSharesOptionsForfeitedCancelledInShareBasedPaymentArrangements"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:label="NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:title="NumberOfShareOptionsExercisableInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement">Exercisable at the end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:title="label: NumberOfShareOptionsExercisableInSharebasedPaymentArrangement to label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_2">Exercised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_2" xlink:title="label: NumberOfShareOptionsExercisableInSharebasedPaymentArrangement to label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_3">Exerciseable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_3" xlink:title="label: NumberOfShareOptionsExercisableInSharebasedPaymentArrangement to label_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TwothousandsevenToTwothousandthirteenWarrantsPlansMember" xlink:label="TwothousandsevenToTwothousandthirteenWarrantsPlansMember" xlink:title="TwothousandsevenToTwothousandthirteenWarrantsPlansMember"/>
    <link:label xlink:type="resource" xlink:label="label_TwothousandsevenToTwothousandthirteenWarrantsPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwothousandsevenToTwothousandthirteenWarrantsPlansMember" xml:lang="en-US" id="label_TwothousandsevenToTwothousandthirteenWarrantsPlansMember">2007-2013 plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwothousandsevenToTwothousandthirteenWarrantsPlansMember" xlink:to="label_TwothousandsevenToTwothousandthirteenWarrantsPlansMember" xlink:title="label: TwothousandsevenToTwothousandthirteenWarrantsPlansMember to label_TwothousandsevenToTwothousandthirteenWarrantsPlansMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IpoPlanMember" xlink:label="IpoPlanMember" xlink:title="IpoPlanMember"/>
    <link:label xlink:type="resource" xlink:label="label_IpoPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpoPlanMember" xml:lang="en-US" id="label_IpoPlanMember">IPO plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpoPlanMember" xlink:to="label_IpoPlanMember" xlink:title="label: IpoPlanMember to label_IpoPlanMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IpoCashSettledPlansMember" xlink:label="IpoCashSettledPlansMember" xlink:title="IpoCashSettledPlansMember"/>
    <link:label xlink:type="resource" xlink:label="label_IpoCashSettledPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpoCashSettledPlansMember" xml:lang="en-US" id="label_IpoCashSettledPlansMember">IPO plan cash settled [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpoCashSettledPlansMember" xlink:to="label_IpoCashSettledPlansMember" xlink:title="label: IpoCashSettledPlansMember to label_IpoCashSettledPlansMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TwothousandfifteenWarrantsPlanMember" xlink:label="TwothousandfifteenWarrantsPlanMember" xlink:title="TwothousandfifteenWarrantsPlanMember"/>
    <link:label xlink:type="resource" xlink:label="label_TwothousandfifteenWarrantsPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwothousandfifteenWarrantsPlanMember" xml:lang="en-US" id="label_TwothousandfifteenWarrantsPlanMember">2015 plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwothousandfifteenWarrantsPlanMember" xlink:to="label_TwothousandfifteenWarrantsPlanMember" xlink:title="label: TwothousandfifteenWarrantsPlanMember to label_TwothousandfifteenWarrantsPlanMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RapdriftPlansMember" xlink:label="RapdriftPlansMember" xlink:title="RapdriftPlansMember"/>
    <link:label xlink:type="resource" xlink:label="label_RapdriftPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RapdriftPlansMember" xml:lang="en-US" id="label_RapdriftPlansMember">Rapidfit+ plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RapdriftPlansMember" xlink:to="label_RapdriftPlansMember" xlink:title="label: RapdriftPlansMember to label_RapdriftPlansMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsGrantsMaterialiseAbstract" xlink:label="DisclosureOfDetailsGrantsMaterialiseAbstract" xlink:title="DisclosureOfDetailsGrantsMaterialiseAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailsGrantsMaterialiseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailsGrantsMaterialiseAbstract" xml:lang="en-US" id="label_DisclosureOfDetailsGrantsMaterialiseAbstract">Disclosure of details grants Materialise [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailsGrantsMaterialiseAbstract" xlink:to="label_DisclosureOfDetailsGrantsMaterialiseAbstract" xlink:title="label: DisclosureOfDetailsGrantsMaterialiseAbstract to label_DisclosureOfDetailsGrantsMaterialiseAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsGrantsMaterialiseTable" xlink:label="DisclosureOfDetailsGrantsMaterialiseTable" xlink:title="DisclosureOfDetailsGrantsMaterialiseTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailsGrantsMaterialiseTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailsGrantsMaterialiseTable" xml:lang="en-US" id="label_DisclosureOfDetailsGrantsMaterialiseTable">Disclosure of details grants Materialise [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailsGrantsMaterialiseTable" xlink:to="label_DisclosureOfDetailsGrantsMaterialiseTable" xlink:title="label: DisclosureOfDetailsGrantsMaterialiseTable to label_DisclosureOfDetailsGrantsMaterialiseTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsGrantsMaterialiseLineItems" xlink:label="DisclosureOfDetailsGrantsMaterialiseLineItems" xlink:title="DisclosureOfDetailsGrantsMaterialiseLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailsGrantsMaterialiseLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailsGrantsMaterialiseLineItems" xml:lang="en-US" id="label_DisclosureOfDetailsGrantsMaterialiseLineItems">Disclosure of details grants Materialise [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailsGrantsMaterialiseLineItems" xlink:to="label_DisclosureOfDetailsGrantsMaterialiseLineItems" xlink:title="label: DisclosureOfDetailsGrantsMaterialiseLineItems to label_DisclosureOfDetailsGrantsMaterialiseLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PaymentAssumptionsCategoryAxis" xlink:label="PaymentAssumptionsCategoryAxis" xlink:title="PaymentAssumptionsCategoryAxis"/>
    <link:label xlink:type="resource" xlink:label="label_PaymentAssumptionsCategoryAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PaymentAssumptionsCategoryAxis" xml:lang="en-US" id="label_PaymentAssumptionsCategoryAxis">Payment assumptions [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentAssumptionsCategoryAxis" xlink:to="label_PaymentAssumptionsCategoryAxis" xlink:title="label: PaymentAssumptionsCategoryAxis to label_PaymentAssumptionsCategoryAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AllPaymentAssumptionsMember" xlink:label="AllPaymentAssumptionsMember" xlink:title="AllPaymentAssumptionsMember"/>
    <link:label xlink:type="resource" xlink:label="label_AllPaymentAssumptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllPaymentAssumptionsMember" xml:lang="en-US" id="label_AllPaymentAssumptionsMember">All payment assumptions [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllPaymentAssumptionsMember" xlink:to="label_AllPaymentAssumptionsMember" xlink:title="label: AllPaymentAssumptionsMember to label_AllPaymentAssumptionsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PlanTothousandfifteenShareBasedPaymentAssumptionsMember" xlink:label="PlanTothousandfifteenShareBasedPaymentAssumptionsMember" xlink:title="PlanTothousandfifteenShareBasedPaymentAssumptionsMember"/>
    <link:label xlink:type="resource" xlink:label="label_PlanTothousandfifteenShareBasedPaymentAssumptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PlanTothousandfifteenShareBasedPaymentAssumptionsMember" xml:lang="en-US" id="label_PlanTothousandfifteenShareBasedPaymentAssumptionsMember">Plan 2015 (sept 16) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PlanTothousandfifteenShareBasedPaymentAssumptionsMember" xlink:to="label_PlanTothousandfifteenShareBasedPaymentAssumptionsMember" xlink:title="label: PlanTothousandfifteenShareBasedPaymentAssumptionsMember to label_PlanTothousandfifteenShareBasedPaymentAssumptionsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IpoTwothousandfifteenShareBasedPaymentAssumptionsMember" xlink:label="IpoTwothousandfifteenShareBasedPaymentAssumptionsMember" xlink:title="IpoTwothousandfifteenShareBasedPaymentAssumptionsMember"/>
    <link:label xlink:type="resource" xlink:label="label_IpoTwothousandfifteenShareBasedPaymentAssumptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpoTwothousandfifteenShareBasedPaymentAssumptionsMember" xml:lang="en-US" id="label_IpoTwothousandfifteenShareBasedPaymentAssumptionsMember">IPO 2015 (Nov) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpoTwothousandfifteenShareBasedPaymentAssumptionsMember" xlink:to="label_IpoTwothousandfifteenShareBasedPaymentAssumptionsMember" xlink:title="label: IpoTwothousandfifteenShareBasedPaymentAssumptionsMember to label_IpoTwothousandfifteenShareBasedPaymentAssumptionsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IpoTwothousandfpurteenNovShareBasedPaymentAssumptionsMember" xlink:label="Ipo2015NovShareBasedPaymentAssumptionsMember" xlink:title="Ipo2015NovShareBasedPaymentAssumptionsMember"/>
    <link:label xlink:type="resource" xlink:label="label_Ipo2015NovShareBasedPaymentAssumptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Ipo2015NovShareBasedPaymentAssumptionsMember" xml:lang="en-US" id="label_Ipo2015NovShareBasedPaymentAssumptionsMember">IPO 2014 (Nov) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Ipo2015NovShareBasedPaymentAssumptionsMember" xlink:to="label_Ipo2015NovShareBasedPaymentAssumptionsMember" xlink:title="label: Ipo2015NovShareBasedPaymentAssumptionsMember to label_Ipo2015NovShareBasedPaymentAssumptionsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember" xlink:label="IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember" xlink:title="IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember"/>
    <link:label xlink:type="resource" xlink:label="label_IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember" xml:lang="en-US" id="label_IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember">IPO 2014 (June) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember" xlink:to="label_IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember" xlink:title="label: IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember to label_IpoTwothousandfourteenJuneShareBasedPaymentAssumptionsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TwothousandthirteenDecShareBasedPaymentAssumptionsMember" xlink:label="TwothousandthirteenDecShareBasedPaymentAssumptions" xlink:title="TwothousandthirteenDecShareBasedPaymentAssumptions"/>
    <link:label xlink:type="resource" xlink:label="label_TwothousandthirteenDecShareBasedPaymentAssumptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwothousandthirteenDecShareBasedPaymentAssumptions" xml:lang="en-US" id="label_TwothousandthirteenDecShareBasedPaymentAssumptions">2013 (Dec) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwothousandthirteenDecShareBasedPaymentAssumptions" xlink:to="label_TwothousandthirteenDecShareBasedPaymentAssumptions" xlink:title="label: TwothousandthirteenDecShareBasedPaymentAssumptions to label_TwothousandthirteenDecShareBasedPaymentAssumptions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TwothousandthirteenOctShareBasedPaymentAssumptionsMember" xlink:label="TwothousandthirteenOctShareBasedPaymentAssumptions" xlink:title="TwothousandthirteenOctShareBasedPaymentAssumptions"/>
    <link:label xlink:type="resource" xlink:label="label_TwothousandthirteenOctShareBasedPaymentAssumptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwothousandthirteenOctShareBasedPaymentAssumptions" xml:lang="en-US" id="label_TwothousandthirteenOctShareBasedPaymentAssumptions">2013 (Oct) [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwothousandthirteenOctShareBasedPaymentAssumptions" xlink:to="label_TwothousandthirteenOctShareBasedPaymentAssumptions" xlink:title="label: TwothousandthirteenOctShareBasedPaymentAssumptions to label_TwothousandthirteenOctShareBasedPaymentAssumptions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TwothousandsevenShareBasedPaymentAssumptionsMember" xlink:label="TwothousandsevenShareBasedPaymentAssumptionsMember" xlink:title="TwothousandsevenShareBasedPaymentAssumptionsMember"/>
    <link:label xlink:type="resource" xlink:label="label_TwothousandsevenShareBasedPaymentAssumptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TwothousandsevenShareBasedPaymentAssumptionsMember" xml:lang="en-US" id="label_TwothousandsevenShareBasedPaymentAssumptionsMember">2007 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwothousandsevenShareBasedPaymentAssumptionsMember" xlink:to="label_TwothousandsevenShareBasedPaymentAssumptionsMember" xlink:title="label: TwothousandsevenShareBasedPaymentAssumptionsMember to label_TwothousandsevenShareBasedPaymentAssumptionsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:label="ExpectedDividendAsPercentageShareOptionsGranted" xlink:title="ExpectedDividendAsPercentageShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_ExpectedDividendAsPercentageShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpectedDividendAsPercentageShareOptionsGranted" xml:lang="en-US" id="label_ExpectedDividendAsPercentageShareOptionsGranted">Expected dividend as percentage, share options granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpectedDividendAsPercentageShareOptionsGranted" xlink:to="label_ExpectedDividendAsPercentageShareOptionsGranted" xlink:title="label: ExpectedDividendAsPercentageShareOptionsGranted to label_ExpectedDividendAsPercentageShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_ExpectedDividendAsPercentageShareOptionsGranted_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExpectedDividendAsPercentageShareOptionsGranted" xml:lang="en-US" id="label_ExpectedDividendAsPercentageShareOptionsGranted_2">Return dividend</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpectedDividendAsPercentageShareOptionsGranted" xlink:to="label_ExpectedDividendAsPercentageShareOptionsGranted_2" xlink:title="label: ExpectedDividendAsPercentageShareOptionsGranted to label_ExpectedDividendAsPercentageShareOptionsGranted"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:label="DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:title="DescriptionOfExpectedVolatilityShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfExpectedVolatilityShareOptionsGranted" xml:lang="en-US" id="label_DescriptionOfExpectedVolatilityShareOptionsGranted">Expected volatility, share options granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:to="label_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:title="label: DescriptionOfExpectedVolatilityShareOptionsGranted to label_DescriptionOfExpectedVolatilityShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfExpectedVolatilityShareOptionsGranted_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfExpectedVolatilityShareOptionsGranted" xml:lang="en-US" id="label_DescriptionOfExpectedVolatilityShareOptionsGranted_2">Expected volatility</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:to="label_DescriptionOfExpectedVolatilityShareOptionsGranted_2" xlink:title="label: DescriptionOfExpectedVolatilityShareOptionsGranted to label_DescriptionOfExpectedVolatilityShareOptionsGranted"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:label="DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:title="DescriptionOfRiskFreeInterestRateShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xml:lang="en-US" id="label_DescriptionOfRiskFreeInterestRateShareOptionsGranted">Risk free interest rate, share options granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:to="label_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:title="label: DescriptionOfRiskFreeInterestRateShareOptionsGranted to label_DescriptionOfRiskFreeInterestRateShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfRiskFreeInterestRateShareOptionsGranted_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xml:lang="en-US" id="label_DescriptionOfRiskFreeInterestRateShareOptionsGranted_2">Risk-free interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:to="label_DescriptionOfRiskFreeInterestRateShareOptionsGranted_2" xlink:title="label: DescriptionOfRiskFreeInterestRateShareOptionsGranted to label_DescriptionOfRiskFreeInterestRateShareOptionsGranted"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:label="DescriptionOfOptionLifeShareOptionsGranted" xlink:title="DescriptionOfOptionLifeShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfOptionLifeShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfOptionLifeShareOptionsGranted" xml:lang="en-US" id="label_DescriptionOfOptionLifeShareOptionsGranted">Option life, share options granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfOptionLifeShareOptionsGranted" xlink:to="label_DescriptionOfOptionLifeShareOptionsGranted" xlink:title="label: DescriptionOfOptionLifeShareOptionsGranted to label_DescriptionOfOptionLifeShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfOptionLifeShareOptionsGranted_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DescriptionOfOptionLifeShareOptionsGranted" xml:lang="en-US" id="label_DescriptionOfOptionLifeShareOptionsGranted_2">Expected life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfOptionLifeShareOptionsGranted" xlink:to="label_DescriptionOfOptionLifeShareOptionsGranted_2" xlink:title="label: DescriptionOfOptionLifeShareOptionsGranted to label_DescriptionOfOptionLifeShareOptionsGranted"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExercisePriceShareOptionsGranted" xlink:label="ExercisePriceShareOptionsGranted" xlink:title="ExercisePriceShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_ExercisePriceShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExercisePriceShareOptionsGranted" xml:lang="en-US" id="label_ExercisePriceShareOptionsGranted">Exercise price, share options granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExercisePriceShareOptionsGranted" xlink:to="label_ExercisePriceShareOptionsGranted" xlink:title="label: ExercisePriceShareOptionsGranted to label_ExercisePriceShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_ExercisePriceShareOptionsGranted_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExercisePriceShareOptionsGranted" xml:lang="en-US" id="label_ExercisePriceShareOptionsGranted_2">Exercise price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExercisePriceShareOptionsGranted" xlink:to="label_ExercisePriceShareOptionsGranted_2" xlink:title="label: ExercisePriceShareOptionsGranted to label_ExercisePriceShareOptionsGranted"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_WeightedAverageSharePriceShareOptionsGranted" xlink:label="WeightedAverageSharePriceShareOptionsGranted" xlink:title="WeightedAverageSharePriceShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageSharePriceShareOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageSharePriceShareOptionsGranted" xml:lang="en-US" id="label_WeightedAverageSharePriceShareOptionsGranted">Weighted average share price, share options granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageSharePriceShareOptionsGranted" xlink:to="label_WeightedAverageSharePriceShareOptionsGranted" xlink:title="label: WeightedAverageSharePriceShareOptionsGranted to label_WeightedAverageSharePriceShareOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageSharePriceShareOptionsGranted_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageSharePriceShareOptionsGranted" xml:lang="en-US" id="label_WeightedAverageSharePriceShareOptionsGranted_2">Stock price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageSharePriceShareOptionsGranted" xlink:to="label_WeightedAverageSharePriceShareOptionsGranted_2" xlink:title="label: WeightedAverageSharePriceShareOptionsGranted to label_WeightedAverageSharePriceShareOptionsGranted"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueSharesOptionsGranted" xlink:label="FairValueSharesOptionsGranted" xlink:title="FairValueSharesOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueSharesOptionsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueSharesOptionsGranted" xml:lang="en-US" id="label_FairValueSharesOptionsGranted">Fair value SAR</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueSharesOptionsGranted" xlink:to="label_FairValueSharesOptionsGranted" xlink:title="label: FairValueSharesOptionsGranted to label_FairValueSharesOptionsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueSharesOptionsGranted_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FairValueSharesOptionsGranted" xml:lang="en-US" id="label_FairValueSharesOptionsGranted_2">Fair value option</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueSharesOptionsGranted" xlink:to="label_FairValueSharesOptionsGranted_2" xlink:title="label: FairValueSharesOptionsGranted to label_FairValueSharesOptionsGranted"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseAbstract" xlink:label="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseAbstract" xlink:title="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialseAbstract" xml:lang="en-US" id="label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialseAbstract">Disclosure of details share-based payment arrangements Materialse [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseAbstract" xlink:to="label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialseAbstract" xlink:title="label: DisclosureOfDetailsShareBasedPAymentArrangementsMaterialseAbstract to label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialseAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsShareBasedPaymentArrangementsMaterialiseTable" xlink:label="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialiseTable" xlink:title="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialiseTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialiseTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialiseTable" xml:lang="en-US" id="label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialiseTable">Disclosure of details share-based payment arrangements Materialise [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialiseTable" xlink:to="label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialiseTable" xlink:title="label: DisclosureOfDetailsShareBasedPAymentArrangementsMaterialiseTable to label_DisclosureOfDetailsShareBasedPAymentArrangementsMaterialiseTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems" xlink:label="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems" xlink:title="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems" xml:lang="en-US" id="label_DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems">Disclosure of details share-based payment arrangements Materialise [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems" xlink:to="label_DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems" xlink:title="label: DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems to label_DisclosureOfDetailsShareBasedPaymentArrangementsMaterialseLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SarMember" xlink:label="SarMember" xlink:title="SarMember"/>
    <link:label xlink:type="resource" xlink:label="label_SarMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SarMember" xml:lang="en-US" id="label_SarMember">SAR [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SarMember" xlink:to="label_SarMember" xlink:title="label: SarMember to label_SarMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MobelifeMember" xlink:label="MobelifeMember" xlink:title="MobelifeMember"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfSarMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfSarMember" xml:lang="en-US" id="label_copyOfSarMember">Mobelife [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MobelifeMember" xlink:to="label_copyOfSarMember" xlink:title="label: copyOfSarMember to label_copyOfSarMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MobelifePlanTwothousandtwelveMember" xlink:label="MobelifePlanTwothousandtwelveMember" xlink:title="MobelifePlanTwothousandtwelveMember"/>
    <link:label xlink:type="resource" xlink:label="label_MobelifePlanTwothousandtwelveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MobelifePlanTwothousandtwelveMember" xml:lang="en-US" id="label_MobelifePlanTwothousandtwelveMember">Mobelife plan 2012 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MobelifePlanTwothousandtwelveMember" xlink:to="label_MobelifePlanTwothousandtwelveMember" xlink:title="label: MobelifePlanTwothousandtwelveMember to label_MobelifePlanTwothousandtwelveMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContractualTermShareOptions" xlink:label="ContractualTermShareOptions" xlink:title="ContractualTermShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_ContractualTermShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractualTermShareOptions" xml:lang="en-US" id="label_ContractualTermShareOptions">Contractual term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualTermShareOptions" xlink:to="label_ContractualTermShareOptions" xlink:title="label: ContractualTermShareOptions to label_ContractualTermShareOptions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_VestingPercFirstPeriodShareOptions" xlink:label="VestingPercFirstPeriodShareOptions" xlink:title="VestingPercFirstPeriodShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_VestingPercFirstPeriodShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_VestingPercFirstPeriodShareOptions" xml:lang="en-US" id="label_VestingPercFirstPeriodShareOptions">vesting% first period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VestingPercFirstPeriodShareOptions" xlink:to="label_VestingPercFirstPeriodShareOptions" xlink:title="label: VestingPercFirstPeriodShareOptions to label_VestingPercFirstPeriodShareOptions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_VestingPercSecondPeriodShareOptions" xlink:label="VestingPercSecondPeriodShareOptions" xlink:title="VestingPercSecondPeriodShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_VestingPercSecondPeriodShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_VestingPercSecondPeriodShareOptions" xml:lang="en-US" id="label_VestingPercSecondPeriodShareOptions">vesting% second period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VestingPercSecondPeriodShareOptions" xlink:to="label_VestingPercSecondPeriodShareOptions" xlink:title="label: VestingPercSecondPeriodShareOptions to label_VestingPercSecondPeriodShareOptions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_VestingPercThirdPeriodShareOptions" xlink:label="VestingPercThirdPeriodShareOptions" xlink:title="VestingPercThirdPeriodShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_VestingPercThirdPeriodShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_VestingPercThirdPeriodShareOptions" xml:lang="en-US" id="label_VestingPercThirdPeriodShareOptions">vesting% third period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VestingPercThirdPeriodShareOptions" xlink:to="label_VestingPercThirdPeriodShareOptions" xlink:title="label: VestingPercThirdPeriodShareOptions to label_VestingPercThirdPeriodShareOptions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_VestingPercFourthPeriodShareOptions" xlink:label="VestingPercFourthPeriodShareOptions" xlink:title="VestingPercFourthPeriodShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_VestingPercFourthPeriodShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_VestingPercFourthPeriodShareOptions" xml:lang="en-US" id="label_VestingPercFourthPeriodShareOptions">vesting% fourth period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VestingPercFourthPeriodShareOptions" xlink:to="label_VestingPercFourthPeriodShareOptions" xlink:title="label: VestingPercFourthPeriodShareOptions to label_VestingPercFourthPeriodShareOptions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne" xlink:label="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne" xlink:title="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne" xml:lang="en-US" id="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne">Number of warrants granted 1</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne" xlink:to="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne" xlink:title="label: NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne to label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementOne"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo" xlink:label="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo" xlink:title="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo" xml:lang="en-US" id="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo">Number of warrants granted 2</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo" xlink:to="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo" xlink:title="label: NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo to label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementTwo"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree" xlink:label="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree" xlink:title="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree" xml:lang="en-US" id="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree">Number of warrants granted 3</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree" xlink:to="label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree" xlink:title="label: NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree to label_NumberOfInstrumentsGrantedInSharebasedPaymentArrangementThree"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RangeOfExercisePricesBottomOfRange" xlink:label="RangeOfExerciseOricesBottomOfRange" xlink:title="RangeOfExerciseOricesBottomOfRange"/>
    <link:label xlink:type="resource" xlink:label="label_RangeOfExerciseOricesBottomOfRange" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RangeOfExerciseOricesBottomOfRange" xml:lang="en-US" id="label_RangeOfExerciseOricesBottomOfRange">Exercise price range 1</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeOfExerciseOricesBottomOfRange" xlink:to="label_RangeOfExerciseOricesBottomOfRange" xlink:title="label: RangeOfExerciseOricesBottomOfRange to label_RangeOfExerciseOricesBottomOfRange"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RangeOfExercisePricesTopOfRange" xlink:label="RangeOfExerciseOricesTopOfRange" xlink:title="RangeOfExerciseOricesTopOfRange"/>
    <link:label xlink:type="resource" xlink:label="label_RangeOfExerciseOricesTopOfRange" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RangeOfExerciseOricesTopOfRange" xml:lang="en-US" id="label_RangeOfExerciseOricesTopOfRange">Exercise price range 2</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeOfExerciseOricesTopOfRange" xlink:to="label_RangeOfExerciseOricesTopOfRange" xlink:title="label: RangeOfExerciseOricesTopOfRange to label_RangeOfExerciseOricesTopOfRange"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MaximumNumberOfWarrants" xlink:label="MaximumNumberOfWarrants" xlink:title="MaximumNumberOfWarrants"/>
    <link:label xlink:type="resource" xlink:label="label_MaximumNumberOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumNumberOfWarrants" xml:lang="en-US" id="label_MaximumNumberOfWarrants">Maximum number of warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumNumberOfWarrants" xlink:to="label_MaximumNumberOfWarrants" xlink:title="label: MaximumNumberOfWarrants to label_MaximumNumberOfWarrants"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:label="NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:title="NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement">Number of other equity instruments exercised or vested in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:title="label: NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_2">Number of warrants exercised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:to="label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_2" xlink:title="label: NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement to label_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NumberOfWarrantsOutstandingAfterStockSplit" xlink:label="NumberOfWarrantsOutstandingAfterStockSplit" xlink:title="NumberOfWarrantsOutstandingAfterStockSplit"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfWarrantsOutstandingAfterStockSplit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfWarrantsOutstandingAfterStockSplit" xml:lang="en-US" id="label_NumberOfWarrantsOutstandingAfterStockSplit">Number of warrants outstanding after stock split</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfWarrantsOutstandingAfterStockSplit" xlink:to="label_NumberOfWarrantsOutstandingAfterStockSplit" xlink:title="label: NumberOfWarrantsOutstandingAfterStockSplit to label_NumberOfWarrantsOutstandingAfterStockSplit"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsGrantsMaterialiseCashSettledAbstract" xlink:label="DetailsGrantsMaterialiseCashSettledAbstract" xlink:title="DetailsGrantsMaterialiseCashSettledAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsGrantsMaterialiseCashSettledAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsGrantsMaterialiseCashSettledAbstract" xml:lang="en-US" id="label_DetailsGrantsMaterialiseCashSettledAbstract">Disclosure of details grants Materialise - Cash Settled [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsGrantsMaterialiseCashSettledAbstract" xlink:to="label_DetailsGrantsMaterialiseCashSettledAbstract" xlink:title="label: DetailsGrantsMaterialiseCashSettledAbstract to label_DetailsGrantsMaterialiseCashSettledAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:label="ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:title="ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:label xlink:type="resource" xlink:label="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xml:lang="en-US" id="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets">Expense from equity-settled share-based payment transactions in which goods or services received did not qualify for recognition as assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:title="label: ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets to label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:label xlink:type="resource" xlink:label="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xml:lang="en-US" id="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_2">Expense for equity-settled share-based payment Materialise</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_2" xlink:title="label: ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets to label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:label xlink:type="resource" xlink:label="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xml:lang="en-US" id="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_3">Share-based payment expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_3" xlink:title="label: ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets to label_ExpenseFromEquitysettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:label="ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:title="ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:label xlink:type="resource" xlink:label="label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xml:lang="en-US" id="label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets">Expense from cash-settled share-based payment transactions in which goods or services received did not qualify for recognition as assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:title="label: ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets to label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:label xlink:type="resource" xlink:label="label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xml:lang="en-US" id="label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_2">Expense for cash-settled shared-based payment Materialise</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_2" xlink:title="label: ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets to label_ExpenseFromCashsettledSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WeightedAverageRemainingEstimatedLifeShareOptions" xlink:label="WeightedAverageRemainingEstimatedLifeShareOptions" xlink:title="WeightedAverageRemainingEstimatedLifeShareOptions"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageRemainingEstimatedLifeShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageRemainingEstimatedLifeShareOptions" xml:lang="en-US" id="label_WeightedAverageRemainingEstimatedLifeShareOptions">Weighted-average remaining estimated life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageRemainingEstimatedLifeShareOptions" xlink:to="label_WeightedAverageRemainingEstimatedLifeShareOptions" xlink:title="label: WeightedAverageRemainingEstimatedLifeShareOptions to label_WeightedAverageRemainingEstimatedLifeShareOptions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WeightedAverageFairValueOfWarrantsOutstanding" xlink:label="WeightedAverageFairValueOfWarrantsOutstanding" xlink:title="WeightedAverageFairValueOfWarrantsOutstanding"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageFairValueOfWarrantsOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageFairValueOfWarrantsOutstanding" xml:lang="en-US" id="label_WeightedAverageFairValueOfWarrantsOutstanding">Weighted-average fair value of warrants outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageFairValueOfWarrantsOutstanding" xlink:to="label_WeightedAverageFairValueOfWarrantsOutstanding" xlink:title="label: WeightedAverageFairValueOfWarrantsOutstanding to label_WeightedAverageFairValueOfWarrantsOutstanding"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IntrinsicValueCashSettledWarrants" xlink:label="IntrinsicValueCashSettledWarrants" xlink:title="IntrinsicValueCashSettledWarrants"/>
    <link:label xlink:type="resource" xlink:label="label_IntrinsicValueCashSettledWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntrinsicValueCashSettledWarrants" xml:lang="en-US" id="label_IntrinsicValueCashSettledWarrants">Instrinsic-value cash-settled warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntrinsicValueCashSettledWarrants" xlink:to="label_IntrinsicValueCashSettledWarrants" xlink:title="label: IntrinsicValueCashSettledWarrants to label_IntrinsicValueCashSettledWarrants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfRapdriftDetailsGrantsAbstract" xlink:label="DisclosureOfRapdriftDetailsGrantsAbstract" xlink:title="DisclosureOfRapdriftDetailsGrantsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRapdriftDetailsGrantsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRapdriftDetailsGrantsAbstract" xml:lang="en-US" id="label_DisclosureOfRapdriftDetailsGrantsAbstract">Disclosure of Rapidfit+ details grants [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRapdriftDetailsGrantsAbstract" xlink:to="label_DisclosureOfRapdriftDetailsGrantsAbstract" xlink:title="label: DisclosureOfRapdriftDetailsGrantsAbstract to label_DisclosureOfRapdriftDetailsGrantsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsGrantsMaterialiseCashSettledTable" xlink:label="DisclosureOfDetailsGrantsMaterialiseCashSettledTable" xlink:title="DisclosureOfDetailsGrantsMaterialiseCashSettledTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailsGrantsMaterialiseCashSettledTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailsGrantsMaterialiseCashSettledTable" xml:lang="en-US" id="label_DisclosureOfDetailsGrantsMaterialiseCashSettledTable">Disclosure of details grants Materialise cash settled [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailsGrantsMaterialiseCashSettledTable" xlink:to="label_DisclosureOfDetailsGrantsMaterialiseCashSettledTable" xlink:title="label: DisclosureOfDetailsGrantsMaterialiseCashSettledTable to label_DisclosureOfDetailsGrantsMaterialiseCashSettledTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems" xlink:label="DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems" xlink:title="DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems" xml:lang="en-US" id="label_DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems">Disclosure of details grants materialise cash settled [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems" xlink:to="label_DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems" xlink:title="label: DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems to label_DisclosureOfDetailsGrantsMaterialiseCashSettledLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BasedPaymentPlanAxis" xlink:label="BasedPaymentPlanAxis" xlink:title="BasedPaymentPlanAxis"/>
    <link:label xlink:type="resource" xlink:label="label_BasedPaymentPlanAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BasedPaymentPlanAxis" xml:lang="en-US" id="label_BasedPaymentPlanAxis">Based payment plan [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasedPaymentPlanAxis" xlink:to="label_BasedPaymentPlanAxis" xlink:title="label: BasedPaymentPlanAxis to label_BasedPaymentPlanAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AllPaymentPlansMember" xlink:label="AllPaymentPlansMember" xlink:title="AllPaymentPlansMember"/>
    <link:label xlink:type="resource" xlink:label="label_AllPaymentPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllPaymentPlansMember" xml:lang="en-US" id="label_AllPaymentPlansMember">All payment plans [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllPaymentPlansMember" xlink:to="label_AllPaymentPlansMember" xlink:title="label: AllPaymentPlansMember to label_AllPaymentPlansMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MaterialiseCashSettledShareBasedPaymentPlanMember" xlink:label="MaterialiseCashSettledShareBasedPaymentPlan" xlink:title="MaterialiseCashSettledShareBasedPaymentPlan"/>
    <link:label xlink:type="resource" xlink:label="label_MaterialiseCashSettledShareBasedPaymentPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaterialiseCashSettledShareBasedPaymentPlan" xml:lang="en-US" id="label_MaterialiseCashSettledShareBasedPaymentPlan">Materialise cash settled share based payment plan [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaterialiseCashSettledShareBasedPaymentPlan" xlink:to="label_MaterialiseCashSettledShareBasedPaymentPlan" xlink:title="label: MaterialiseCashSettledShareBasedPaymentPlan to label_MaterialiseCashSettledShareBasedPaymentPlan"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfRapdriftDetailsGrantsTable" xlink:label="DisclosureOfRapdriftDetailsGrantsTable" xlink:title="DisclosureOfRapdriftDetailsGrantsTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRapdriftDetailsGrantsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRapdriftDetailsGrantsTable" xml:lang="en-US" id="label_DisclosureOfRapdriftDetailsGrantsTable">Disclosure of Rapidfit+ details grants [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRapdriftDetailsGrantsTable" xlink:to="label_DisclosureOfRapdriftDetailsGrantsTable" xlink:title="label: DisclosureOfRapdriftDetailsGrantsTable to label_DisclosureOfRapdriftDetailsGrantsTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfRapdriftDetailsGrantsLineItems" xlink:label="DisclosureOfRapdriftDetailsGrantsLineItems" xlink:title="DisclosureOfRapdriftDetailsGrantsLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRapdriftDetailsGrantsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRapdriftDetailsGrantsLineItems" xml:lang="en-US" id="label_DisclosureOfRapdriftDetailsGrantsLineItems">Disclosure of Rapidfit+ details grants [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRapdriftDetailsGrantsLineItems" xlink:to="label_DisclosureOfRapdriftDetailsGrantsLineItems" xlink:title="label: DisclosureOfRapdriftDetailsGrantsLineItems to label_DisclosureOfRapdriftDetailsGrantsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:label="NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:title="NumberOfShareOptionsExercisedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement">Number of share options exercised in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:title="label: NumberOfShareOptionsExercisedInSharebasedPaymentArrangement to label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_2">Exercised</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_2" xlink:title="label: NumberOfShareOptionsExercisedInSharebasedPaymentArrangement to label_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:label="WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:title="WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement">Weighted average exercise price of share options granted in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:title="label: WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement to label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement_2">Exercise Price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement_2" xlink:title="label: WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement to label_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NewTableOverviewAbstract" xlink:label="NewTableOverviewAbstract" xlink:title="NewTableOverviewAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_NewTableOverviewAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NewTableOverviewAbstract" xml:lang="en-US" id="label_NewTableOverviewAbstract">Loans and borrowings overview [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewTableOverviewAbstract" xlink:to="label_NewTableOverviewAbstract" xlink:title="label: NewTableOverviewAbstract to label_NewTableOverviewAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurTwentyeightthousandAcquisitionLoan" xlink:label="KeurTwentyeightthousandAcquisitionLoan" xlink:title="KeurTwentyeightthousandAcquisitionLoan"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTwentyeightthousandAcquisitionLoan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurTwentyeightthousandAcquisitionLoan" xml:lang="en-US" id="label_KeurTwentyeightthousandAcquisitionLoan">K EUR 28,000 acquisition bank loan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTwentyeightthousandAcquisitionLoan" xlink:to="label_KeurTwentyeightthousandAcquisitionLoan" xlink:title="label: KeurTwentyeightthousandAcquisitionLoan to label_KeurTwentyeightthousandAcquisitionLoan"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPolandNotional" xlink:label="KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland" xlink:title="KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland" xml:lang="en-US" id="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland_2">Loan principal K EUR 18,000</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland" xlink:to="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland_2" xlink:title="label: KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland to label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurBankLoanAcTech" xlink:label="KeurEleventhousandtwohundredfiftyBankLoanAcTech" xlink:title="KeurEleventhousandtwohundredfiftyBankLoanAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTech" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTech">K EUR 12,300 bank loans ACTech</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTech" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTech" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTech to label_KeurEleventhousandtwohundredfiftyBankLoanAcTech"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightthousandsevenhundredfiftyOtherFacilityLoan" xlink:label="KeurEightthousandsevenhundredfiftyOtherFacilityLoan" xlink:title="KeurEightthousandsevenhundredfiftyOtherFacilityLoan"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoan" xml:lang="en-US" id="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoan">K EUR 8,750 other facility loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightthousandsevenhundredfiftyOtherFacilityLoan" xlink:to="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoan" xlink:title="label: KeurEightthousandsevenhundredfiftyOtherFacilityLoan to label_KeurEightthousandsevenhundredfiftyOtherFacilityLoan"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BankInvestmentLoansTopTwentyOutstanding" xlink:label="BankInvestmentLoansTopTwentyOutstanding" xlink:title="BankInvestmentLoansTopTwentyOutstanding"/>
    <link:label xlink:type="resource" xlink:label="label_BankInvestmentLoansTopTwentyOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BankInvestmentLoansTopTwentyOutstanding" xml:lang="en-US" id="label_BankInvestmentLoansTopTwentyOutstanding">Bank investment loans - top 20 outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankInvestmentLoansTopTwentyOutstanding" xlink:to="label_BankInvestmentLoansTopTwentyOutstanding" xlink:title="label: BankInvestmentLoansTopTwentyOutstanding to label_BankInvestmentLoansTopTwentyOutstanding"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BankInvestmentLoansOther" xlink:label="BankInvestmentLoansOther" xlink:title="BankInvestmentLoansOther"/>
    <link:label xlink:type="resource" xlink:label="label_BankInvestmentLoansOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BankInvestmentLoansOther" xml:lang="en-US" id="label_BankInvestmentLoansOther">Bank investment loans - other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankInvestmentLoansOther" xlink:to="label_BankInvestmentLoansOther" xlink:title="label: BankInvestmentLoansOther to label_BankInvestmentLoansOther"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinanceLeaseAgreement" xlink:label="FinanceLeaseAgreement" xlink:title="FinanceLeaseAgreement"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseAgreement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseAgreement" xml:lang="en-US" id="label_FinanceLeaseAgreement">Financial lease agreements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseAgreement" xlink:to="label_FinanceLeaseAgreement" xlink:title="label: FinanceLeaseAgreement to label_FinanceLeaseAgreement"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InstitutionalLoan" xlink:label="InstitutionalLoan" xlink:title="InstitutionalLoan"/>
    <link:label xlink:type="resource" xlink:label="label_InstitutionalLoan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InstitutionalLoan" xml:lang="en-US" id="label_InstitutionalLoan">Institutional loan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstitutionalLoan" xlink:to="label_InstitutionalLoan" xlink:title="label: InstitutionalLoan to label_InstitutionalLoan"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoan" xlink:label="ConvertibleLoan" xlink:title="ConvertibleLoan"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoan" xml:lang="en-US" id="label_ConvertibleLoan">Convertible loan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoan" xlink:to="label_ConvertibleLoan" xlink:title="label: ConvertibleLoan to label_ConvertibleLoan"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Borrowings" xlink:label="Borrowings" xlink:title="Borrowings"/>
    <link:label xlink:type="resource" xlink:label="label_Borrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Borrowings" xml:lang="en-US" id="label_Borrowings">Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings" xlink:title="label: Borrowings to label_Borrowings"/>
    <link:label xlink:type="resource" xlink:label="label_Borrowings_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_Borrowings" xml:lang="en-US" id="label_Borrowings_2">Total loans and borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings_2" xlink:title="label: Borrowings to label_Borrowings"/>
    <link:label xlink:type="resource" xlink:label="label_Borrowings_3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_Borrowings" xml:lang="en-US" id="label_Borrowings_3">Loans and borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="label_Borrowings_3" xlink:title="label: Borrowings to label_Borrowings"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InstitutionalLoanMaxCreditLimit" xlink:label="InstitutionalLoanMaxCreditLimit" xlink:title="InstitutionalLoanMaxCreditLimit"/>
    <link:label xlink:type="resource" xlink:label="label_InstitutionalLoanMaxCreditLimit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InstitutionalLoanMaxCreditLimit" xml:lang="en-US" id="label_InstitutionalLoanMaxCreditLimit">K EUR 2,000 institutional loan - max credit limit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstitutionalLoanMaxCreditLimit" xlink:to="label_InstitutionalLoanMaxCreditLimit" xlink:title="label: InstitutionalLoanMaxCreditLimit to label_InstitutionalLoanMaxCreditLimit"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanMaxNumberOfSharesToBeIssued" xlink:label="ConvertibleLoanMaxNumberOfSharesToBeIssued" xlink:title="ConvertibleLoanMaxNumberOfSharesToBeIssued"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanMaxNumberOfSharesToBeIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanMaxNumberOfSharesToBeIssued" xml:lang="en-US" id="label_ConvertibleLoanMaxNumberOfSharesToBeIssued">K EUR 1,000 convertible bond - max number of shares to be issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanMaxNumberOfSharesToBeIssued" xlink:to="label_ConvertibleLoanMaxNumberOfSharesToBeIssued" xlink:title="label: ConvertibleLoanMaxNumberOfSharesToBeIssued to label_ConvertibleLoanMaxNumberOfSharesToBeIssued"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RelatedPartyLoanInteresExpense" xlink:label="RelatedPartyLoanInteresExpense" xlink:title="RelatedPartyLoanInteresExpense"/>
    <link:label xlink:type="resource" xlink:label="label_RelatedPartyLoanInteresExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RelatedPartyLoanInteresExpense" xml:lang="en-US" id="label_RelatedPartyLoanInteresExpense">Related party loan - interest expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyLoanInteresExpense" xlink:to="label_RelatedPartyLoanInteresExpense" xlink:title="label: RelatedPartyLoanInteresExpense to label_RelatedPartyLoanInteresExpense"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfMovementTableAbstract" xlink:label="DisclosureOfMovementTableAbstract" xlink:title="DisclosureOfMovementTableAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfMovementTableAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfMovementTableAbstract" xml:lang="en-US" id="label_DisclosureOfMovementTableAbstract">Disclosure of movement table [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMovementTableAbstract" xlink:to="label_DisclosureOfMovementTableAbstract" xlink:title="label: DisclosureOfMovementTableAbstract to label_DisclosureOfMovementTableAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:label="LiabilitiesArisingFromFinancingActivities" xlink:title="LiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_LiabilitiesArisingFromFinancingActivities">Liabilities arising from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivities" xlink:to="label_LiabilitiesArisingFromFinancingActivities" xlink:title="label: LiabilitiesArisingFromFinancingActivities to label_LiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromFinancingActivities_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_LiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_LiabilitiesArisingFromFinancingActivities_2">Balance at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivities" xlink:to="label_LiabilitiesArisingFromFinancingActivities_2" xlink:title="label: LiabilitiesArisingFromFinancingActivities to label_LiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesArisingFromFinancingActivities_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_LiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_LiabilitiesArisingFromFinancingActivities_3">Balance at end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivities" xlink:to="label_LiabilitiesArisingFromFinancingActivities_3" xlink:title="label: LiabilitiesArisingFromFinancingActivities to label_LiabilitiesArisingFromFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:label="IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:title="IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities">Increase through new leases, liabilities arising from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:to="label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:title="label: IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities to label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities_2">New finance leases</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:to="label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities_2" xlink:title="label: IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities to label_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:label="IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:title="IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities">Increase (decrease) through obtaining or losing control of subsidiaries or other businesses, liabilities arising from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:to="label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:title="label: IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities to label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities_2">Loans acquired from business combination</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:to="label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities_2" xlink:title="label: IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities to label_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:label="IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:title="IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities">Increase (decrease) through effect of changes in foreign exchange rates, liabilities arising from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:title="label: IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities to label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_2">Net foreign exchange movements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_2" xlink:title="label: IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities to label_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RelatedPartyLoan" xlink:label="RelatedPartyLoan" xlink:title="RelatedPartyLoan"/>
    <link:label xlink:type="resource" xlink:label="label_RelatedPartyLoan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RelatedPartyLoan" xml:lang="en-US" id="label_RelatedPartyLoan">Related party loan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyLoan" xlink:to="label_RelatedPartyLoan" xlink:title="label: RelatedPartyLoan to label_RelatedPartyLoan"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfTextValuesLoansAndBorrowingsAbstract" xlink:label="DisclosureOfTextValuesLoansAndBorrowingsAbstract" xlink:title="DisclosureOfTextValuesLoansAndBorrowingsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTextValuesLoansAndBorrowingsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTextValuesLoansAndBorrowingsAbstract" xml:lang="en-US" id="label_DisclosureOfTextValuesLoansAndBorrowingsAbstract">Disclosure of text values loans and borrowings [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTextValuesLoansAndBorrowingsAbstract" xlink:to="label_DisclosureOfTextValuesLoansAndBorrowingsAbstract" xlink:title="label: DisclosureOfTextValuesLoansAndBorrowingsAbstract to label_DisclosureOfTextValuesLoansAndBorrowingsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurTwentyeightthousandAcquisitionLoanNotional" xlink:label="KeurTwentyeightthousandAcquisitionLoanNotional" xlink:title="KeurTwentyeightthousandAcquisitionLoanNotional"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTwentyeightthousandAcquisitionLoanNotional" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurTwentyeightthousandAcquisitionLoanNotional" xml:lang="en-US" id="label_KeurTwentyeightthousandAcquisitionLoanNotional">Loan Principal K EUR 28,000</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTwentyeightthousandAcquisitionLoanNotional" xlink:to="label_KeurTwentyeightthousandAcquisitionLoanNotional" xlink:title="label: KeurTwentyeightthousandAcquisitionLoanNotional to label_KeurTwentyeightthousandAcquisitionLoanNotional"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurTwentyeightthousandAcquisitionLoanOneNotional" xlink:label="KeurTwentyeightthousandAcquisitionLoanOneNotional" xlink:title="KeurTwentyeightthousandAcquisitionLoanOneNotional"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTwentyeightthousandAcquisitionLoanOneNotional" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurTwentyeightthousandAcquisitionLoanOneNotional" xml:lang="en-US" id="label_KeurTwentyeightthousandAcquisitionLoanOneNotional">Monthly reimbursable portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTwentyeightthousandAcquisitionLoanOneNotional" xlink:to="label_KeurTwentyeightthousandAcquisitionLoanOneNotional" xlink:title="label: KeurTwentyeightthousandAcquisitionLoanOneNotional to label_KeurTwentyeightthousandAcquisitionLoanOneNotional"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion" xlink:label="KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion" xlink:title="KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion" xml:lang="en-US" id="label_KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion">Period for monthly reimbursable portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion" xlink:to="label_KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion" xlink:title="label: KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion to label_KeurTwentyeightthousandAcquisitionPeriodForMonthlyReimbursablePortion"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurTwentyeightthousandAcquisitionLoanTwoNotional" xlink:label="KeurTwentyeightthousandAcquisitionLoanTwoNotional" xlink:title="KeurTwentyeightthousandAcquisitionLoanTwoNotional"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTwentyeightthousandAcquisitionLoanTwoNotional" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurTwentyeightthousandAcquisitionLoanTwoNotional" xml:lang="en-US" id="label_KeurTwentyeightthousandAcquisitionLoanTwoNotional">Bullet portion</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTwentyeightthousandAcquisitionLoanTwoNotional" xlink:to="label_KeurTwentyeightthousandAcquisitionLoanTwoNotional" xlink:title="label: KeurTwentyeightthousandAcquisitionLoanTwoNotional to label_KeurTwentyeightthousandAcquisitionLoanTwoNotional"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurTwentyeightthousandAcquisitionLoanNotionalPercent" xlink:label="KeurTwentyeightthousandAcquisitionLoanNotionalPercent" xlink:title="KeurTwentyeightthousandAcquisitionLoanNotionalPercent"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent" xml:lang="en-US" id="label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent">Interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTwentyeightthousandAcquisitionLoanNotionalPercent" xlink:to="label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent" xlink:title="label: KeurTwentyeightthousandAcquisitionLoanNotionalPercent to label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent" xml:lang="en-US" id="label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent_2">K EUR 28,000 interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTwentyeightthousandAcquisitionLoanNotionalPercent" xlink:to="label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent_2" xlink:title="label: KeurTwentyeightthousandAcquisitionLoanNotionalPercent to label_KeurTwentyeightthousandAcquisitionLoanNotionalPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightteenthousandSecuredBankLoanConstructionBelgium" xlink:label="KeurEightteenthousandSecuredBankLoanConstructionBelgium" xlink:title="KeurEightteenthousandSecuredBankLoanConstructionBelgium"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightteenthousandSecuredBankLoanConstructionBelgium" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightteenthousandSecuredBankLoanConstructionBelgium" xml:lang="en-US" id="label_KeurEightteenthousandSecuredBankLoanConstructionBelgium">Belgian facility financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightteenthousandSecuredBankLoanConstructionBelgium" xlink:to="label_KeurEightteenthousandSecuredBankLoanConstructionBelgium" xlink:title="label: KeurEightteenthousandSecuredBankLoanConstructionBelgium to label_KeurEightteenthousandSecuredBankLoanConstructionBelgium"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn" xlink:label="KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn" xlink:title="KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn" xml:lang="en-US" id="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn">Belgian facility financing drawn</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn" xlink:to="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn" xlink:title="label: KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn to label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn" xml:lang="en-US" id="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn_2">Drawn</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn" xlink:to="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn_2" xlink:title="label: KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn to label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumDrawn"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightteenthousandSecuredBankLoanConstructionPoland" xlink:label="KeurEightteenthousandSecuredBankLoanConstructionPoland" xlink:title="KeurEightteenthousandSecuredBankLoanConstructionPoland"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightteenthousandSecuredBankLoanConstructionPoland" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightteenthousandSecuredBankLoanConstructionPoland" xml:lang="en-US" id="label_KeurEightteenthousandSecuredBankLoanConstructionPoland">Polish facility financing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightteenthousandSecuredBankLoanConstructionPoland" xlink:to="label_KeurEightteenthousandSecuredBankLoanConstructionPoland" xlink:title="label: KeurEightteenthousandSecuredBankLoanConstructionPoland to label_KeurEightteenthousandSecuredBankLoanConstructionPoland"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn" xlink:label="KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn" xlink:title="KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn" xml:lang="en-US" id="label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn">Polish facility financing drawn</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn" xlink:to="label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn" xlink:title="label: KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn to label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn" xml:lang="en-US" id="label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn_2">Drawn</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn" xlink:to="label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn_2" xlink:title="label: KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn to label_KeurEightteenthousandSecuredBankLoanConstructionPolandDrawn"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent" xlink:label="KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent" xlink:title="KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent" xml:lang="en-US" id="label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent">Loan principal K EUR 18,000 interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent" xlink:to="label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent" xlink:title="label: KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent to label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent" xml:lang="en-US" id="label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent_2">Interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent" xlink:to="label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent_2" xlink:title="label: KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent to label_KeurEighteenthousandSecuredBankLoanConstructionBelgiumPolandAverageInterestPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional" xlink:label="KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional" xlink:title="KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional">Loan principal K EUR 12,300</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechNotional"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree" xlink:label="KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree" xlink:title="KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree">Maturing June 2023</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentythree"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone" xlink:label="KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone" xlink:title="KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone">Maturing June 2021</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMaturityJuneTwothousandtwentyone"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent" xlink:label="KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent" xlink:title="KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent">Loan principal K EUR 11,250 interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent_2">Interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent_2" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechInterestPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion" xlink:label="KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion" xlink:title="KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion">Refinanced part March 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinanceTwothousandeighteenPortion"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent" xlink:label="KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent" xlink:title="KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent">Loan Principal K EUR 11,250 refinanced part March 2018 interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent_2">Interest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent_2" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechRefinancedTwothousandeighteenInterestPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage" xlink:label="KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage" xlink:title="KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage">Loan principal K EUR 11,250 mortgage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage" xml:lang="en-US" id="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage_2">Mortgage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage" xlink:to="label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage_2" xlink:title="label: KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage to label_KeurEleventhousandtwohundredfiftyBankLoanAcTechMortgage"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross" xlink:label="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross" xlink:title="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross" xml:lang="en-US" id="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross">Loan principal K EUR 8,750</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross" xlink:to="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross" xlink:title="label: KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross to label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGross"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive" xlink:label="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive" xlink:title="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive" xml:lang="en-US" id="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive">Facility loan 2005</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive" xlink:to="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive" xlink:title="label: KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive to label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandfive"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix" xlink:label="copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix" xlink:title="copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix" xml:lang="en-US" id="label_copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix">Facility loan 2006</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix" xlink:to="label_copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix" xlink:title="label: copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix to label_copyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandsix"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve" xlink:label="copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve" xlink:title="copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve" xml:lang="en-US" id="label_copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve">Facility loan 2012</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve" xlink:to="label_copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve" xlink:title="label: copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve to label_copyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossTwothousandtwelve"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight" xlink:label="copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight" xlink:title="copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight" xml:lang="en-US" id="label_copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight">Czech republic offices loan 2008</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight" xlink:to="label_copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight" xlink:title="label: copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight to label_copyOfcopyOfcopyOfKeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossCzTwothousandeight"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule" xlink:label="KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule" xlink:title="KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule" xml:lang="en-US" id="label_KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule">Repayment schedule</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule" xlink:to="label_KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule" xlink:title="label: KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule to label_KeurEightthousandsevenhundredfiftyItherFacilityLoanGrossRepaymentSchedule"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange" xlink:label="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange" xlink:title="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange" xml:lang="en-US" id="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange">Interest rate lower range</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange" xlink:to="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange" xlink:title="label: KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange to label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentBottomRange"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange" xlink:label="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange" xlink:title="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange" xml:lang="en-US" id="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange">Interest rate upper range</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange" xlink:to="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange" xlink:title="label: KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange to label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanGrossInterextPercentTopRange"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousInvestmentLoansAbstract" xlink:label="MiscellaneousInvestmentLoansAbstract" xlink:title="MiscellaneousInvestmentLoansAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousInvestmentLoansAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousInvestmentLoansAbstract" xml:lang="en-US" id="label_MiscellaneousInvestmentLoansAbstract">Miscellaneous investment loans [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousInvestmentLoansAbstract" xlink:to="label_MiscellaneousInvestmentLoansAbstract" xlink:title="label: MiscellaneousInvestmentLoansAbstract to label_MiscellaneousInvestmentLoansAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BankInvestmentLoansReimbursementPeriod" xlink:label="BankInvestmentLoansReimbursementPeriod" xlink:title="BankInvestmentLoansReimbursementPeriod"/>
    <link:label xlink:type="resource" xlink:label="label_BankInvestmentLoansReimbursementPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BankInvestmentLoansReimbursementPeriod" xml:lang="en-US" id="label_BankInvestmentLoansReimbursementPeriod">Reimbursement period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankInvestmentLoansReimbursementPeriod" xlink:to="label_BankInvestmentLoansReimbursementPeriod" xlink:title="label: BankInvestmentLoansReimbursementPeriod to label_BankInvestmentLoansReimbursementPeriod"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BankInvestmentLoansWeightedAverageInterestPercent" xlink:label="BankInvestmentLoansWeightedAverageInterestPercent" xlink:title="BankInvestmentLoansWeightedAverageInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_BankInvestmentLoansWeightedAverageInterestPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BankInvestmentLoansWeightedAverageInterestPercent" xml:lang="en-US" id="label_BankInvestmentLoansWeightedAverageInterestPercent">Miscellaneous investment loans weighted average interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankInvestmentLoansWeightedAverageInterestPercent" xlink:to="label_BankInvestmentLoansWeightedAverageInterestPercent" xlink:title="label: BankInvestmentLoansWeightedAverageInterestPercent to label_BankInvestmentLoansWeightedAverageInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_BankInvestmentLoansWeightedAverageInterestPercent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_BankInvestmentLoansWeightedAverageInterestPercent" xml:lang="en-US" id="label_BankInvestmentLoansWeightedAverageInterestPercent_2">Weighted average interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankInvestmentLoansWeightedAverageInterestPercent" xlink:to="label_BankInvestmentLoansWeightedAverageInterestPercent_2" xlink:title="label: BankInvestmentLoansWeightedAverageInterestPercent to label_BankInvestmentLoansWeightedAverageInterestPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinanceLeaseObligationsThirdPartiesAbstract" xlink:label="FinanceLeaseObligationsThirdPartiesAbstract" xlink:title="FinanceLeaseObligationsThirdPartiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseObligationsThirdPartiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseObligationsThirdPartiesAbstract" xml:lang="en-US" id="label_FinanceLeaseObligationsThirdPartiesAbstract">Finance lease obligations third parties [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseObligationsThirdPartiesAbstract" xlink:to="label_FinanceLeaseObligationsThirdPartiesAbstract" xlink:title="label: FinanceLeaseObligationsThirdPartiesAbstract to label_FinanceLeaseObligationsThirdPartiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinanceLeaseAgreementsWeightedAverageInterestPercent" xlink:label="FinanceLeaseAgreementsWeightedAverageInterestPercent" xlink:title="FinanceLeaseAgreementsWeightedAverageInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseAgreementsWeightedAverageInterestPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseAgreementsWeightedAverageInterestPercent" xml:lang="en-US" id="label_FinanceLeaseAgreementsWeightedAverageInterestPercent">Finance lease obligations third parties weighted average interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseAgreementsWeightedAverageInterestPercent" xlink:to="label_FinanceLeaseAgreementsWeightedAverageInterestPercent" xlink:title="label: FinanceLeaseAgreementsWeightedAverageInterestPercent to label_FinanceLeaseAgreementsWeightedAverageInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseAgreementsWeightedAverageInterestPercent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinanceLeaseAgreementsWeightedAverageInterestPercent" xml:lang="en-US" id="label_FinanceLeaseAgreementsWeightedAverageInterestPercent_2">Weighted average interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseAgreementsWeightedAverageInterestPercent" xlink:to="label_FinanceLeaseAgreementsWeightedAverageInterestPercent_2" xlink:title="label: FinanceLeaseAgreementsWeightedAverageInterestPercent to label_FinanceLeaseAgreementsWeightedAverageInterestPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InstutitionalLoanNotional" xlink:label="InstutitionalLoanNotional" xlink:title="InstutitionalLoanNotional"/>
    <link:label xlink:type="resource" xlink:label="label_InstutitionalLoanNotional" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InstutitionalLoanNotional" xml:lang="en-US" id="label_InstutitionalLoanNotional">Institutional loan K EUR 2,000</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstutitionalLoanNotional" xlink:to="label_InstutitionalLoanNotional" xlink:title="label: InstutitionalLoanNotional to label_InstutitionalLoanNotional"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InstitutionalLoanReimbursementPeriod" xlink:label="InstitutionalLoanReimbursementPeriod" xlink:title="InstitutionalLoanReimbursementPeriod"/>
    <link:label xlink:type="resource" xlink:label="label_InstitutionalLoanReimbursementPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InstitutionalLoanReimbursementPeriod" xml:lang="en-US" id="label_InstitutionalLoanReimbursementPeriod">Reimbursement period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstitutionalLoanReimbursementPeriod" xlink:to="label_InstitutionalLoanReimbursementPeriod" xlink:title="label: InstitutionalLoanReimbursementPeriod to label_InstitutionalLoanReimbursementPeriod"/>
    <link:label xlink:type="resource" xlink:label="label_InstitutionalLoanReimbursementPeriod_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InstitutionalLoanReimbursementPeriod" xml:lang="en-US" id="label_InstitutionalLoanReimbursementPeriod_2">Institutional loan reimbursement period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstitutionalLoanReimbursementPeriod" xlink:to="label_InstitutionalLoanReimbursementPeriod_2" xlink:title="label: InstitutionalLoanReimbursementPeriod to label_InstitutionalLoanReimbursementPeriod"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InstitutionalLoanInterestPercent" xlink:label="InstitutionalLoanInterestPercent" xlink:title="InstitutionalLoanInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_InstitutionalLoanInterestPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InstitutionalLoanInterestPercent" xml:lang="en-US" id="label_InstitutionalLoanInterestPercent">Institutional loan K EUR 1,142 interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstitutionalLoanInterestPercent" xlink:to="label_InstitutionalLoanInterestPercent" xlink:title="label: InstitutionalLoanInterestPercent to label_InstitutionalLoanInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_InstitutionalLoanInterestPercent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InstitutionalLoanInterestPercent" xml:lang="en-US" id="label_InstitutionalLoanInterestPercent_2">Interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstitutionalLoanInterestPercent" xlink:to="label_InstitutionalLoanInterestPercent_2" xlink:title="label: InstitutionalLoanInterestPercent to label_InstitutionalLoanInterestPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InstitutionalLoanAmountDrawn" xlink:label="InstitutionalLoanAmountDrawn" xlink:title="InstitutionalLoanAmountDrawn"/>
    <link:label xlink:type="resource" xlink:label="label_InstitutionalLoanAmountDrawn" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InstitutionalLoanAmountDrawn" xml:lang="en-US" id="label_InstitutionalLoanAmountDrawn">Institutional loan K EUR 1,142 amount drawn</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstitutionalLoanAmountDrawn" xlink:to="label_InstitutionalLoanAmountDrawn" xlink:title="label: InstitutionalLoanAmountDrawn to label_InstitutionalLoanAmountDrawn"/>
    <link:label xlink:type="resource" xlink:label="label_InstitutionalLoanAmountDrawn_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_InstitutionalLoanAmountDrawn" xml:lang="en-US" id="label_InstitutionalLoanAmountDrawn_2">Amount drawn</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstitutionalLoanAmountDrawn" xlink:to="label_InstitutionalLoanAmountDrawn_2" xlink:title="label: InstitutionalLoanAmountDrawn to label_InstitutionalLoanAmountDrawn"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanNotional" xlink:label="ConvertibleLoanNotional" xlink:title="ConvertibleLoanNotional"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanNotional" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanNotional" xml:lang="en-US" id="label_ConvertibleLoanNotional">Convertible bond K EUR 1,000</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanNotional" xlink:to="label_ConvertibleLoanNotional" xlink:title="label: ConvertibleLoanNotional to label_ConvertibleLoanNotional"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanNominalValue" xlink:label="ConvertibleLoanNominalValue" xlink:title="ConvertibleLoanNominalValue"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanNominalValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanNominalValue" xml:lang="en-US" id="label_ConvertibleLoanNominalValue">Nominal value per bond</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanNominalValue" xlink:to="label_ConvertibleLoanNominalValue" xlink:title="label: ConvertibleLoanNominalValue to label_ConvertibleLoanNominalValue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanContractualLife" xlink:label="ConvertibleLoanContractualLife" xlink:title="ConvertibleLoanContractualLife"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanContractualLife" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanContractualLife" xml:lang="en-US" id="label_ConvertibleLoanContractualLife">Convertible bond K EUR 1,000 contractual life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanContractualLife" xlink:to="label_ConvertibleLoanContractualLife" xlink:title="label: ConvertibleLoanContractualLife to label_ConvertibleLoanContractualLife"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanContractualLife_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConvertibleLoanContractualLife" xml:lang="en-US" id="label_ConvertibleLoanContractualLife_2">Contractual life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanContractualLife" xlink:to="label_ConvertibleLoanContractualLife_2" xlink:title="label: ConvertibleLoanContractualLife to label_ConvertibleLoanContractualLife"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanInterestRate" xlink:label="ConvertibleLoanInterestRate" xlink:title="ConvertibleLoanInterestRate"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanInterestRate" xml:lang="en-US" id="label_ConvertibleLoanInterestRate">Convertible bond K EUR 1,000 interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanInterestRate" xlink:to="label_ConvertibleLoanInterestRate" xlink:title="label: ConvertibleLoanInterestRate to label_ConvertibleLoanInterestRate"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanInterestRate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConvertibleLoanInterestRate" xml:lang="en-US" id="label_ConvertibleLoanInterestRate_2">Interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanInterestRate" xlink:to="label_ConvertibleLoanInterestRate_2" xlink:title="label: ConvertibleLoanInterestRate to label_ConvertibleLoanInterestRate"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanConversionPrice" xlink:label="ConvertibleLoanConversionPrice" xlink:title="ConvertibleLoanConversionPrice"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanConversionPrice" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanConversionPrice" xml:lang="en-US" id="label_ConvertibleLoanConversionPrice">Convertible bond K EUR 1,000 conversion price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanConversionPrice" xlink:to="label_ConvertibleLoanConversionPrice" xlink:title="label: ConvertibleLoanConversionPrice to label_ConvertibleLoanConversionPrice"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanConversionPrice_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConvertibleLoanConversionPrice" xml:lang="en-US" id="label_ConvertibleLoanConversionPrice_2">Conversion price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanConversionPrice" xlink:to="label_ConvertibleLoanConversionPrice_2" xlink:title="label: ConvertibleLoanConversionPrice to label_ConvertibleLoanConversionPrice"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanFairValue" xlink:label="ConvertibleLoanFairValue" xlink:title="ConvertibleLoanFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanFairValue" xml:lang="en-US" id="label_ConvertibleLoanFairValue">Convertible bond K EUR 1,000 fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanFairValue" xlink:to="label_ConvertibleLoanFairValue" xlink:title="label: ConvertibleLoanFairValue to label_ConvertibleLoanFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanFairValue_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConvertibleLoanFairValue" xml:lang="en-US" id="label_ConvertibleLoanFairValue_2">Fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanFairValue" xlink:to="label_ConvertibleLoanFairValue_2" xlink:title="label: ConvertibleLoanFairValue to label_ConvertibleLoanFairValue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanAmountRecognizedInConsolidatedReserves" xlink:label="ConvertibleLoanAmountRecognizedInConsolidatedReserves" xlink:title="ConvertibleLoanAmountRecognizedInConsolidatedReserves"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanAmountRecognizedInConsolidatedReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanAmountRecognizedInConsolidatedReserves" xml:lang="en-US" id="label_ConvertibleLoanAmountRecognizedInConsolidatedReserves">Convertible bond K EUR 1,000 amount recognited in consolidated reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanAmountRecognizedInConsolidatedReserves" xlink:to="label_ConvertibleLoanAmountRecognizedInConsolidatedReserves" xlink:title="label: ConvertibleLoanAmountRecognizedInConsolidatedReserves to label_ConvertibleLoanAmountRecognizedInConsolidatedReserves"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanAmountRecognizedInConsolidatedReserves_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConvertibleLoanAmountRecognizedInConsolidatedReserves" xml:lang="en-US" id="label_ConvertibleLoanAmountRecognizedInConsolidatedReserves_2">Amount recognized in consolidated reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanAmountRecognizedInConsolidatedReserves" xlink:to="label_ConvertibleLoanAmountRecognizedInConsolidatedReserves_2" xlink:title="label: ConvertibleLoanAmountRecognizedInConsolidatedReserves to label_ConvertibleLoanAmountRecognizedInConsolidatedReserves"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinanceLeaseObligationsRelatedPartiesAbstract" xlink:label="FinanceLeaseObligationsRelatedPartiesAbstract" xlink:title="FinanceLeaseObligationsRelatedPartiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseObligationsRelatedPartiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseObligationsRelatedPartiesAbstract" xml:lang="en-US" id="label_FinanceLeaseObligationsRelatedPartiesAbstract">Finance lease obligations related parties [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseObligationsRelatedPartiesAbstract" xlink:to="label_FinanceLeaseObligationsRelatedPartiesAbstract" xlink:title="label: FinanceLeaseObligationsRelatedPartiesAbstract to label_FinanceLeaseObligationsRelatedPartiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinanceLeaseRelatedPartyLeaseTerm" xlink:label="FinanceLeaseRelatedPartyLeaseTerm" xlink:title="FinanceLeaseRelatedPartyLeaseTerm"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseRelatedPartyLeaseTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseRelatedPartyLeaseTerm" xml:lang="en-US" id="label_FinanceLeaseRelatedPartyLeaseTerm">Finance lease obligations related parties lease term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseRelatedPartyLeaseTerm" xlink:to="label_FinanceLeaseRelatedPartyLeaseTerm" xlink:title="label: FinanceLeaseRelatedPartyLeaseTerm to label_FinanceLeaseRelatedPartyLeaseTerm"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseRelatedPartyLeaseTerm_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinanceLeaseRelatedPartyLeaseTerm" xml:lang="en-US" id="label_FinanceLeaseRelatedPartyLeaseTerm_2">Lease term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseRelatedPartyLeaseTerm" xlink:to="label_FinanceLeaseRelatedPartyLeaseTerm_2" xlink:title="label: FinanceLeaseRelatedPartyLeaseTerm to label_FinanceLeaseRelatedPartyLeaseTerm"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinanceLeaseRelatedPartyOutstanding" xlink:label="FinanceLeaseRelatedPartyOutstanding" xlink:title="FinanceLeaseRelatedPartyOutstanding"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseRelatedPartyOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseRelatedPartyOutstanding" xml:lang="en-US" id="label_FinanceLeaseRelatedPartyOutstanding">Finance lease related party amount outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseRelatedPartyOutstanding" xlink:to="label_FinanceLeaseRelatedPartyOutstanding" xlink:title="label: FinanceLeaseRelatedPartyOutstanding to label_FinanceLeaseRelatedPartyOutstanding"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseRelatedPartyOutstanding_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinanceLeaseRelatedPartyOutstanding" xml:lang="en-US" id="label_FinanceLeaseRelatedPartyOutstanding_2">Amounts outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseRelatedPartyOutstanding" xlink:to="label_FinanceLeaseRelatedPartyOutstanding_2" xlink:title="label: FinanceLeaseRelatedPartyOutstanding to label_FinanceLeaseRelatedPartyOutstanding"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinanceLeaseRelatedPartyInterestExpense" xlink:label="FinanceLeaseRelatedPartyInterestExpense" xlink:title="FinanceLeaseRelatedPartyInterestExpense"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseRelatedPartyInterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseRelatedPartyInterestExpense" xml:lang="en-US" id="label_FinanceLeaseRelatedPartyInterestExpense">Finance lease related party interest expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseRelatedPartyInterestExpense" xlink:to="label_FinanceLeaseRelatedPartyInterestExpense" xlink:title="label: FinanceLeaseRelatedPartyInterestExpense to label_FinanceLeaseRelatedPartyInterestExpense"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseRelatedPartyInterestExpense_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_FinanceLeaseRelatedPartyInterestExpense" xml:lang="en-US" id="label_FinanceLeaseRelatedPartyInterestExpense_2">Interest expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseRelatedPartyInterestExpense" xlink:to="label_FinanceLeaseRelatedPartyInterestExpense_2" xlink:title="label: FinanceLeaseRelatedPartyInterestExpense to label_FinanceLeaseRelatedPartyInterestExpense"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RelatedPartyLoanAbstract" xlink:label="RelatedPartyLoanAbstract" xlink:title="RelatedPartyLoanAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_RelatedPartyLoanAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RelatedPartyLoanAbstract" xml:lang="en-US" id="label_RelatedPartyLoanAbstract">Related party loan [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyLoanAbstract" xlink:to="label_RelatedPartyLoanAbstract" xlink:title="label: RelatedPartyLoanAbstract to label_RelatedPartyLoanAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RelatedPartyLoanInterestPercent" xlink:label="RelatedPartyLoanInterestPercent" xlink:title="RelatedPartyLoanInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_RelatedPartyLoanInterestPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RelatedPartyLoanInterestPercent" xml:lang="en-US" id="label_RelatedPartyLoanInterestPercent">Related party loan interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyLoanInterestPercent" xlink:to="label_RelatedPartyLoanInterestPercent" xlink:title="label: RelatedPartyLoanInterestPercent to label_RelatedPartyLoanInterestPercent"/>
    <link:label xlink:type="resource" xlink:label="label_RelatedPartyLoanInterestPercent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RelatedPartyLoanInterestPercent" xml:lang="en-US" id="label_RelatedPartyLoanInterestPercent_2">Interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyLoanInterestPercent" xlink:to="label_RelatedPartyLoanInterestPercent_2" xlink:title="label: RelatedPartyLoanInterestPercent to label_RelatedPartyLoanInterestPercent"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeReceivables" xlink:label="TradeReceivables" xlink:title="TradeReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_TradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivables" xml:lang="en-US" id="label_TradeReceivables">Trade receivables (current)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivables" xlink:to="label_TradeReceivables" xlink:title="label: TradeReceivables to label_TradeReceivables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherNoncurrentFinancialAssets" xlink:label="OtherNoncurrentFinancialAssets" xlink:title="OtherNoncurrentFinancialAssets"/>
    <link:label xlink:type="resource" xlink:label="label_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNoncurrentFinancialAssets" xml:lang="en-US" id="label_OtherNoncurrentFinancialAssets">Other financial assets (non-current)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNoncurrentFinancialAssets" xlink:to="label_OtherNoncurrentFinancialAssets" xlink:title="label: OtherNoncurrentFinancialAssets to label_OtherNoncurrentFinancialAssets"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherNonTradeReceivablesClassifiedAsCurrent" xlink:label="OtherNonTradeReceivablesClassifiedAsCurrent" xlink:title="OtherNonTradeReceivablesClassifiedAsCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_OtherNonTradeReceivablesClassifiedAsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNonTradeReceivablesClassifiedAsCurrent" xml:lang="en-US" id="label_OtherNonTradeReceivablesClassifiedAsCurrent">Other current non-trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonTradeReceivablesClassifiedAsCurrent" xlink:to="label_OtherNonTradeReceivablesClassifiedAsCurrent" xlink:title="label: OtherNonTradeReceivablesClassifiedAsCurrent to label_OtherNonTradeReceivablesClassifiedAsCurrent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LoansAndReceivablesAtAmortizedCost" xlink:label="LoansAndReceivablesAtAmortizedCost" xlink:title="LoansAndReceivablesAtAmortizedCost"/>
    <link:label xlink:type="resource" xlink:label="label_LoansAndReceivablesAtAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndReceivablesAtAmortizedCost" xml:lang="en-US" id="label_LoansAndReceivablesAtAmortizedCost">Total loans and other receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndReceivablesAtAmortizedCost" xlink:to="label_LoansAndReceivablesAtAmortizedCost" xlink:title="label: LoansAndReceivablesAtAmortizedCost to label_LoansAndReceivablesAtAmortizedCost"/>
    <link:label xlink:type="resource" xlink:label="label_LoansAndReceivablesAtAmortizedCost_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_LoansAndReceivablesAtAmortizedCost" xml:lang="en-US" id="label_LoansAndReceivablesAtAmortizedCost_2">Total debt instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndReceivablesAtAmortizedCost" xlink:to="label_LoansAndReceivablesAtAmortizedCost_2" xlink:title="label: LoansAndReceivablesAtAmortizedCost to label_LoansAndReceivablesAtAmortizedCost"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DerivatesHeldForTrading" xlink:label="DerivatesHeldForTrading" xlink:title="DerivatesHeldForTrading"/>
    <link:label xlink:type="resource" xlink:label="label_DerivatesHeldForTrading" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DerivatesHeldForTrading" xml:lang="en-US" id="label_DerivatesHeldForTrading">Derivates held for trading</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivatesHeldForTrading" xlink:to="label_DerivatesHeldForTrading" xlink:title="label: DerivatesHeldForTrading to label_DerivatesHeldForTrading"/>
    <link:label xlink:type="resource" xlink:label="label_DerivatesHeldForTrading_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DerivatesHeldForTrading" xml:lang="en-US" id="label_DerivatesHeldForTrading_2">Derivates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivatesHeldForTrading" xlink:to="label_DerivatesHeldForTrading_2" xlink:title="label: DerivatesHeldForTrading to label_DerivatesHeldForTrading"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValue" xlink:label="FinancialAssetsAtFairValue" xlink:title="FinancialAssetsAtFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialAssetsAtFairValue" xml:lang="en-US" id="label_FinancialAssetsAtFairValue">Financial assets, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="label_FinancialAssetsAtFairValue" xlink:title="label: FinancialAssetsAtFairValue to label_FinancialAssetsAtFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialAssetsAtFairValue_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FinancialAssetsAtFairValue" xml:lang="en-US" id="label_FinancialAssetsAtFairValue_2">Total financial assets measured at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="label_FinancialAssetsAtFairValue_2" xlink:title="label: FinancialAssetsAtFairValue to label_FinancialAssetsAtFairValue"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:label="FinancialLiabilitiesAtAmortisedCost" xlink:title="FinancialLiabilitiesAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialLiabilitiesAtAmortisedCost" xml:lang="en-US" id="label_FinancialLiabilitiesAtAmortisedCost">Financial liabilities at amortised cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtAmortisedCost" xlink:to="label_FinancialLiabilitiesAtAmortisedCost" xlink:title="label: FinancialLiabilitiesAtAmortisedCost to label_FinancialLiabilitiesAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesAtAmortisedCost_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_FinancialLiabilitiesAtAmortisedCost" xml:lang="en-US" id="label_FinancialLiabilitiesAtAmortisedCost_2">Financial liabilities measured at amortised cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtAmortisedCost" xlink:to="label_FinancialLiabilitiesAtAmortisedCost_2" xlink:title="label: FinancialLiabilitiesAtAmortisedCost to label_FinancialLiabilitiesAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesAtAmortisedCost_3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FinancialLiabilitiesAtAmortisedCost" xml:lang="en-US" id="label_FinancialLiabilitiesAtAmortisedCost_3">Total financial liabilities at amortised cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtAmortisedCost" xlink:to="label_FinancialLiabilitiesAtAmortisedCost_3" xlink:title="label: FinancialLiabilitiesAtAmortisedCost to label_FinancialLiabilitiesAtAmortisedCost"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:label="TradeAndOtherPayablesToTradeSuppliers" xlink:title="TradeAndOtherPayablesToTradeSuppliers"/>
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherPayablesToTradeSuppliers" xml:lang="en-US" id="label_TradeAndOtherPayablesToTradeSuppliers">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesToTradeSuppliers" xlink:to="label_TradeAndOtherPayablesToTradeSuppliers" xlink:title="label: TradeAndOtherPayablesToTradeSuppliers to label_TradeAndOtherPayablesToTradeSuppliers"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherFinancialLiabilities" xlink:label="OtherFinancialLiabilities" xlink:title="OtherFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_OtherFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherFinancialLiabilities" xml:lang="en-US" id="label_OtherFinancialLiabilities">Other financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialLiabilities" xlink:to="label_OtherFinancialLiabilities" xlink:title="label: OtherFinancialLiabilities to label_OtherFinancialLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DerivateFinancialLiabilities" xlink:label="DerivateFinancialLiabilities" xlink:title="DerivateFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_DerivateFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DerivateFinancialLiabilities" xml:lang="en-US" id="label_DerivateFinancialLiabilities">Derivates financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivateFinancialLiabilities" xlink:to="label_DerivateFinancialLiabilities" xlink:title="label: DerivateFinancialLiabilities to label_DerivateFinancialLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_DerivateFinancialLiabilities_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_DerivateFinancialLiabilities" xml:lang="en-US" id="label_DerivateFinancialLiabilities_2">Derivates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivateFinancialLiabilities" xlink:to="label_DerivateFinancialLiabilities_2" xlink:title="label: DerivateFinancialLiabilities to label_DerivateFinancialLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="FinancialLiabilitiesAtFairValue" xlink:title="FinancialLiabilitiesAtFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialLiabilitiesAtFairValue" xml:lang="en-US" id="label_FinancialLiabilitiesAtFairValue">Financial liabilities, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValue" xlink:to="label_FinancialLiabilitiesAtFairValue" xlink:title="label: FinancialLiabilitiesAtFairValue to label_FinancialLiabilitiesAtFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesAtFairValue_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_FinancialLiabilitiesAtFairValue" xml:lang="en-US" id="label_FinancialLiabilitiesAtFairValue_2">Total financial liability measured at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValue" xlink:to="label_FinancialLiabilitiesAtFairValue_2" xlink:title="label: FinancialLiabilitiesAtFairValue to label_FinancialLiabilitiesAtFairValue"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TaxEffectOfForeignTaxRates" xlink:label="TaxEffectOfForeignTaxRates" xlink:title="TaxEffectOfForeignTaxRates"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfForeignTaxRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxEffectOfForeignTaxRates" xml:lang="en-US" id="label_TaxEffectOfForeignTaxRates">Tax effect of foreign tax rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfForeignTaxRates" xlink:to="label_TaxEffectOfForeignTaxRates" xlink:title="label: TaxEffectOfForeignTaxRates to label_TaxEffectOfForeignTaxRates"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfForeignTaxRates_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_TaxEffectOfForeignTaxRates" xml:lang="en-US" id="label_TaxEffectOfForeignTaxRates_2">Effect of different local tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfForeignTaxRates" xlink:to="label_TaxEffectOfForeignTaxRates_2" xlink:title="label: TaxEffectOfForeignTaxRates to label_TaxEffectOfForeignTaxRates"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceLeaseLiabilities" xlink:label="FinanceLeaseLiabilities" xlink:title="FinanceLeaseLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_FinanceLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinanceLeaseLiabilities" xml:lang="en-US" id="label_FinanceLeaseLiabilities">Finance lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseLiabilities" xlink:to="label_FinanceLeaseLiabilities" xlink:title="label: FinanceLeaseLiabilities to label_FinanceLeaseLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:label="AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:title="AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xml:lang="en-US" id="label_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables">Adjustments for increase (decrease) in trade and other payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:to="label_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:title="label: AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables to label_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:label="DepreciationPropertyPlantAndEquipment" xlink:title="DepreciationPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DepreciationPropertyPlantAndEquipment" xml:lang="en-US" id="label_DepreciationPropertyPlantAndEquipment">Depreciation, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationPropertyPlantAndEquipment" xlink:to="label_DepreciationPropertyPlantAndEquipment" xlink:title="label: DepreciationPropertyPlantAndEquipment to label_DepreciationPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_DepreciationPropertyPlantAndEquipment_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_DepreciationPropertyPlantAndEquipment" xml:lang="en-US" id="label_DepreciationPropertyPlantAndEquipment_2">Depreciation charge for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationPropertyPlantAndEquipment" xlink:to="label_DepreciationPropertyPlantAndEquipment_2" xlink:title="label: DepreciationPropertyPlantAndEquipment to label_DepreciationPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_DepreciationPropertyPlantAndEquipment_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DepreciationPropertyPlantAndEquipment" xml:lang="en-US" id="label_DepreciationPropertyPlantAndEquipment_3">Depreciation charge for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationPropertyPlantAndEquipment" xlink:to="label_DepreciationPropertyPlantAndEquipment_3" xlink:title="label: DepreciationPropertyPlantAndEquipment to label_DepreciationPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedReservesMember" xlink:label="ConsolidatedReservesMember" xlink:title="ConsolidatedReservesMember"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedReservesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedReservesMember" xml:lang="en-US" id="label_ConsolidatedReservesMember">Reserves [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedReservesMember" xlink:to="label_ConsolidatedReservesMember" xlink:title="label: ConsolidatedReservesMember to label_ConsolidatedReservesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfTaxPayablesAbstract" xlink:label="DisclosureOfTaxPayablesAbstract" xlink:title="DisclosureOfTaxPayablesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxPayablesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTaxPayablesAbstract" xml:lang="en-US" id="label_DisclosureOfTaxPayablesAbstract">Disclosure of tax payables [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxPayablesAbstract" xlink:to="label_DisclosureOfTaxPayablesAbstract" xlink:title="label: DisclosureOfTaxPayablesAbstract to label_DisclosureOfTaxPayablesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxPayableRelatedToAcTech" xlink:label="TaxPayableRelatedToAcTech" xlink:title="TaxPayableRelatedToAcTech"/>
    <link:label xlink:type="resource" xlink:label="label_TaxPayableRelatedToAcTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxPayableRelatedToAcTech" xml:lang="en-US" id="label_TaxPayableRelatedToAcTech">Tax payable related to ACTech</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxPayableRelatedToAcTech" xlink:to="label_TaxPayableRelatedToAcTech" xlink:title="label: TaxPayableRelatedToAcTech to label_TaxPayableRelatedToAcTech"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxPayableRelatedToAcTechTwothousandseventeen" xlink:label="TaxPayableRelatedToAcTechTwothousandseventeen" xlink:title="TaxPayableRelatedToAcTechTwothousandseventeen"/>
    <link:label xlink:type="resource" xlink:label="label_TaxPayableRelatedToAcTechTwothousandseventeen" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxPayableRelatedToAcTechTwothousandseventeen" xml:lang="en-US" id="label_TaxPayableRelatedToAcTechTwothousandseventeen">Tax payable related to ACTech 2007</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxPayableRelatedToAcTechTwothousandseventeen" xlink:to="label_TaxPayableRelatedToAcTechTwothousandseventeen" xlink:title="label: TaxPayableRelatedToAcTechTwothousandseventeen to label_TaxPayableRelatedToAcTechTwothousandseventeen"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:label="DisclosureOfGeographicalAreasExplanatory" xlink:title="DisclosureOfGeographicalAreasExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfGeographicalAreasExplanatory" xml:lang="en-US" id="label_DisclosureOfGeographicalAreasExplanatory">Disclosure of geographical areas [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGeographicalAreasExplanatory" xlink:to="label_DisclosureOfGeographicalAreasExplanatory" xlink:title="label: DisclosureOfGeographicalAreasExplanatory to label_DisclosureOfGeographicalAreasExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AtCarryingVlueMember" xlink:label="AtCarryingVlueMember" xlink:title="AtCarryingVlueMember"/>
    <link:label xlink:type="resource" xlink:label="label_AtCarryingVlueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AtCarryingVlueMember" xml:lang="en-US" id="label_AtCarryingVlueMember">At carrying value [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtCarryingVlueMember" xlink:to="label_AtCarryingVlueMember" xlink:title="label: AtCarryingVlueMember to label_AtCarryingVlueMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DocumentAndEntityInformationAbstract" xlink:label="DocumentAndEntityInformationAbstract" xlink:title="DocumentAndEntityInformationAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DocumentAndEntityInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentAndEntityInformationAbstract" xml:lang="en-US" id="label_DocumentAndEntityInformationAbstract">Document and entity information [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentAndEntityInformationAbstract" xlink:to="label_DocumentAndEntityInformationAbstract" xlink:title="label: DocumentAndEntityInformationAbstract to label_DocumentAndEntityInformationAbstract"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentType" xlink:label="DocumentType" xlink:title="DocumentType"/>
    <link:label xlink:type="resource" xlink:label="label_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentType" xml:lang="en-US" id="label_DocumentType">Document type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentType" xlink:to="label_DocumentType" xlink:title="label: DocumentType to label_DocumentType"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" xlink:title="AmendmentFlag"/>
    <link:label xlink:type="resource" xlink:label="label_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmendmentFlag" xml:lang="en-US" id="label_AmendmentFlag">Amendment flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmendmentFlag" xlink:to="label_AmendmentFlag" xlink:title="label: AmendmentFlag to label_AmendmentFlag"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" xlink:title="DocumentPeriodEndDate"/>
    <link:label xlink:type="resource" xlink:label="label_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentPeriodEndDate" xml:lang="en-US" id="label_DocumentPeriodEndDate">Document period end date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentPeriodEndDate" xlink:to="label_DocumentPeriodEndDate" xlink:title="label: DocumentPeriodEndDate to label_DocumentPeriodEndDate"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="DocumentFiscalYearFocus" xlink:title="DocumentFiscalYearFocus"/>
    <link:label xlink:type="resource" xlink:label="label_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentFiscalYearFocus" xml:lang="en-US" id="label_DocumentFiscalYearFocus">Document fiscal year focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalYearFocus" xlink:to="label_DocumentFiscalYearFocus" xlink:title="label: DocumentFiscalYearFocus to label_DocumentFiscalYearFocus"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="DocumentFiscalPeriodFocus" xlink:title="DocumentFiscalPeriodFocus"/>
    <link:label xlink:type="resource" xlink:label="label_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DocumentFiscalPeriodFocus" xml:lang="en-US" id="label_DocumentFiscalPeriodFocus">Document fiscal period focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalPeriodFocus" xlink:to="label_DocumentFiscalPeriodFocus" xlink:title="label: DocumentFiscalPeriodFocus to label_DocumentFiscalPeriodFocus"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_TradingSymbol" xlink:label="TradingSymbol" xlink:title="TradingSymbol"/>
    <link:label xlink:type="resource" xlink:label="label_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradingSymbol" xml:lang="en-US" id="label_TradingSymbol">Trading symbol</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSymbol" xlink:to="label_TradingSymbol" xlink:title="label: TradingSymbol to label_TradingSymbol"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" xlink:title="EntityRegistrantName"/>
    <link:label xlink:type="resource" xlink:label="label_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityRegistrantName" xml:lang="en-US" id="label_EntityRegistrantName">Entity registrant name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityRegistrantName" xlink:to="label_EntityRegistrantName" xlink:title="label: EntityRegistrantName to label_EntityRegistrantName"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey"/>
    <link:label xlink:type="resource" xlink:label="label_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityCentralIndexKey" xml:lang="en-US" id="label_EntityCentralIndexKey">Entity central index key</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCentralIndexKey" xlink:to="label_EntityCentralIndexKey" xlink:title="label: EntityCentralIndexKey to label_EntityCentralIndexKey"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="CurrentFiscalYearEndDate" xlink:title="CurrentFiscalYearEndDate"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentFiscalYearEndDate" xml:lang="en-US" id="label_CurrentFiscalYearEndDate">Current fiscal year end date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentFiscalYearEndDate" xlink:to="label_CurrentFiscalYearEndDate" xlink:title="label: CurrentFiscalYearEndDate to label_CurrentFiscalYearEndDate"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="EntityWellKnownSeasonedIssuer" xlink:title="EntityWellKnownSeasonedIssuer"/>
    <link:label xlink:type="resource" xlink:label="label_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityWellKnownSeasonedIssuer" xml:lang="en-US" id="label_EntityWellKnownSeasonedIssuer">Entity well known seasoned issuer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityWellKnownSeasonedIssuer" xlink:to="label_EntityWellKnownSeasonedIssuer" xlink:title="label: EntityWellKnownSeasonedIssuer to label_EntityWellKnownSeasonedIssuer"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="EntityCurrentReportingStatus" xlink:title="EntityCurrentReportingStatus"/>
    <link:label xlink:type="resource" xlink:label="label_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityCurrentReportingStatus" xml:lang="en-US" id="label_EntityCurrentReportingStatus">Entity current reporting status</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCurrentReportingStatus" xlink:to="label_EntityCurrentReportingStatus" xlink:title="label: EntityCurrentReportingStatus to label_EntityCurrentReportingStatus"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityFilerCategory" xlink:label="EntityFilerCategory" xlink:title="EntityFilerCategory"/>
    <link:label xlink:type="resource" xlink:label="label_EntityFilerCategory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityFilerCategory" xml:lang="en-US" id="label_EntityFilerCategory">Entity filer category</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityFilerCategory" xlink:to="label_EntityFilerCategory" xlink:title="label: EntityFilerCategory to label_EntityFilerCategory"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="EntityCommonStockSharesOutstanding" xlink:title="EntityCommonStockSharesOutstanding"/>
    <link:label xlink:type="resource" xlink:label="label_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityCommonStockSharesOutstanding" xml:lang="en-US" id="label_EntityCommonStockSharesOutstanding">Entity common stock shares outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCommonStockSharesOutstanding" xlink:to="label_EntityCommonStockSharesOutstanding" xlink:title="label: EntityCommonStockSharesOutstanding to label_EntityCommonStockSharesOutstanding"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:title="OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome"/>
    <link:label xlink:type="resource" xlink:label="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xml:lang="en-US" id="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome">Other tax effects for reconciliation between accounting profit and tax expense (income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:title="label: OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome to label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome"/>
    <link:label xlink:type="resource" xlink:label="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xml:lang="en-US" id="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_2">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_2" xlink:title="label: OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome to label_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" xlink:label="TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" xlink:title="TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" xml:lang="en-US" id="label_TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods">Tax adjustments to the previous period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" xlink:to="label_TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods" xlink:title="label: TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods to label_TaxEffectOfAdjustmentsForCurrentTaxOfPriorPeriods"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:label="TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:title="TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xml:lang="en-US" id="label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss">Tax effect of expense not deductible in determining taxable profit (tax loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:to="label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:title="label: TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss to label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xml:lang="en-US" id="label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_2">Non-deductible expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:to="label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_2" xlink:title="label: TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss to label_TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxEffectOfRevenuesExemptFromTaxation" xlink:label="TaxEffectOfRevenuesExemptFromTaxation" xlink:title="TaxEffectOfRevenuesExemptFromTaxation"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfRevenuesExemptFromTaxation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxEffectOfRevenuesExemptFromTaxation" xml:lang="en-US" id="label_TaxEffectOfRevenuesExemptFromTaxation">Tax effect of revenues exempt from taxation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfRevenuesExemptFromTaxation" xlink:to="label_TaxEffectOfRevenuesExemptFromTaxation" xlink:title="label: TaxEffectOfRevenuesExemptFromTaxation to label_TaxEffectOfRevenuesExemptFromTaxation"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfRevenuesExemptFromTaxation_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TaxEffectOfRevenuesExemptFromTaxation" xml:lang="en-US" id="label_TaxEffectOfRevenuesExemptFromTaxation_2">Non-taxable income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfRevenuesExemptFromTaxation" xlink:to="label_TaxEffectOfRevenuesExemptFromTaxation_2" xlink:title="label: TaxEffectOfRevenuesExemptFromTaxation to label_TaxEffectOfRevenuesExemptFromTaxation"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TaxEffectOfTaxLosses" xlink:label="TaxEffectOfTaxLosses" xlink:title="TaxEffectOfTaxLosses"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfTaxLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxEffectOfTaxLosses" xml:lang="en-US" id="label_TaxEffectOfTaxLosses">Tax effect of tax losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfTaxLosses" xlink:to="label_TaxEffectOfTaxLosses" xlink:title="label: TaxEffectOfTaxLosses to label_TaxEffectOfTaxLosses"/>
    <link:label xlink:type="resource" xlink:label="label_TaxEffectOfTaxLosses_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_TaxEffectOfTaxLosses" xml:lang="en-US" id="label_TaxEffectOfTaxLosses_2">Use of previous years tax losses and tax credits for which no deferred tax assets was recognized</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfTaxLosses" xlink:to="label_TaxEffectOfTaxLosses_2" xlink:title="label: TaxEffectOfTaxLosses to label_TaxEffectOfTaxLosses"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AllPlansMaterialiseMember" xlink:label="AllPlansMaterialiseMember" xlink:title="AllPlansMaterialiseMember"/>
    <link:label xlink:type="resource" xlink:label="label_AllPlansMaterialiseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllPlansMaterialiseMember" xml:lang="en-US" id="label_AllPlansMaterialiseMember">All plans Materialise [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllPlansMaterialiseMember" xlink:to="label_AllPlansMaterialiseMember" xlink:title="label: AllPlansMaterialiseMember to label_AllPlansMaterialiseMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MinimumQuaranteedReturn" xlink:label="MinimumQuaranteedReturn" xlink:title="MinimumQuaranteedReturn"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumQuaranteedReturn" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumQuaranteedReturn" xml:lang="en-US" id="label_MinimumQuaranteedReturn">Minimum guaranteed return</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumQuaranteedReturn" xlink:to="label_MinimumQuaranteedReturn" xlink:title="label: MinimumQuaranteedReturn to label_MinimumQuaranteedReturn"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MaximumQuaranteedReturn" xlink:label="MaximumQuaranteedReturn" xlink:title="MaximumQuaranteedReturn"/>
    <link:label xlink:type="resource" xlink:label="label_MaximumQuaranteedReturn" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumQuaranteedReturn" xml:lang="en-US" id="label_MaximumQuaranteedReturn">Maximum guaranteed return</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumQuaranteedReturn" xlink:to="label_MaximumQuaranteedReturn" xlink:title="label: MaximumQuaranteedReturn to label_MaximumQuaranteedReturn"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MinimumGuaranteedReturnEmployerContributions" xlink:label="MinimumGuaranteedReturnEmployerContributions" xlink:title="MinimumGuaranteedReturnEmployerContributions"/>
    <link:label xlink:type="resource" xlink:label="label_MinimumGuaranteedReturnEmployerContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MinimumGuaranteedReturnEmployerContributions" xml:lang="en-US" id="label_MinimumGuaranteedReturnEmployerContributions">Minimum guaranteed return employer contributions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinimumGuaranteedReturnEmployerContributions" xlink:to="label_MinimumGuaranteedReturnEmployerContributions" xlink:title="label: MinimumGuaranteedReturnEmployerContributions to label_MinimumGuaranteedReturnEmployerContributions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MinimumGuaranteedReturnEmployeeContributions" xlink:label="MaximumGuaranteedReturnEmployeeContributions" xlink:title="MaximumGuaranteedReturnEmployeeContributions"/>
    <link:label xlink:type="resource" xlink:label="label_MaximumGuaranteedReturnEmployeeContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MaximumGuaranteedReturnEmployeeContributions" xml:lang="en-US" id="label_MaximumGuaranteedReturnEmployeeContributions">Minimum guaranteed return employee contributions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumGuaranteedReturnEmployeeContributions" xlink:to="label_MaximumGuaranteedReturnEmployeeContributions" xlink:title="label: MaximumGuaranteedReturnEmployeeContributions to label_MaximumGuaranteedReturnEmployeeContributions"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UpFrontNonRefundableFeeForExclusivity" xlink:label="UpFrontNonRefundableFeeForExclusivity" xlink:title="UpFrontNonRefundableFeeForExclusivity"/>
    <link:label xlink:type="resource" xlink:label="label_UpFrontNonRefundableFeeForExclusivity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UpFrontNonRefundableFeeForExclusivity" xml:lang="en-US" id="label_UpFrontNonRefundableFeeForExclusivity">Up-front non-refundable fee for exclusivity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UpFrontNonRefundableFeeForExclusivity" xlink:to="label_UpFrontNonRefundableFeeForExclusivity" xlink:title="label: UpFrontNonRefundableFeeForExclusivity to label_UpFrontNonRefundableFeeForExclusivity"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:title="AmortisationIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortisationIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_AmortisationIntangibleAssetsOtherThanGoodwill">Amortisation, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="label_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:title="label: AmortisationIntangibleAssetsOtherThanGoodwill to label_AmortisationIntangibleAssetsOtherThanGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_AmortisationIntangibleAssetsOtherThanGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_AmortisationIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="label_AmortisationIntangibleAssetsOtherThanGoodwill_2">Depreciation charge for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="label_AmortisationIntangibleAssetsOtherThanGoodwill_2" xlink:title="label: AmortisationIntangibleAssetsOtherThanGoodwill to label_AmortisationIntangibleAssetsOtherThanGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RestrictedBankAccountFromExerciseOfWarrants" xlink:label="RestrictedBankAccountFromExerciseOfWarrants" xlink:title="RestrictedBankAccountFromExerciseOfWarrants"/>
    <link:label xlink:type="resource" xlink:label="label_RestrictedBankAccountFromExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestrictedBankAccountFromExerciseOfWarrants" xml:lang="en-US" id="label_RestrictedBankAccountFromExerciseOfWarrants">Restricted bank account from exercise of warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedBankAccountFromExerciseOfWarrants" xlink:to="label_RestrictedBankAccountFromExerciseOfWarrants" xlink:title="label: RestrictedBankAccountFromExerciseOfWarrants to label_RestrictedBankAccountFromExerciseOfWarrants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AmountsFromExerciseOfWarrantsNotExecuted" xlink:label="AmountsFromExerciseOfWarrantsNotExecuted" xlink:title="AmountsFromExerciseOfWarrantsNotExecuted"/>
    <link:label xlink:type="resource" xlink:label="label_AmountsFromExerciseOfWarrantsNotExecuted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountsFromExerciseOfWarrantsNotExecuted" xml:lang="en-US" id="label_AmountsFromExerciseOfWarrantsNotExecuted">Amounts from exercise of warrants not executed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsFromExerciseOfWarrantsNotExecuted" xlink:to="label_AmountsFromExerciseOfWarrantsNotExecuted" xlink:title="label: AmountsFromExerciseOfWarrantsNotExecuted to label_AmountsFromExerciseOfWarrantsNotExecuted"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement" xlink:label="WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement" xlink:title="WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement" xml:lang="en-US" id="label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement">Weighted average share price at exercise date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement" xlink:to="label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement" xlink:title="label: WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement to label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement" xml:lang="en-US" id="label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement_2">Weighted average exercise price of other equity instruments exercised or vested in share-based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement" xlink:to="label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement_2" xlink:title="label: WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement to label_WeightedAverageExercisePriceOfShareOptionsExercisedOrVestedInShareBasedPaymentArrangement"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement" xlink:label="WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement" xlink:title="WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement" xml:lang="en-US" id="label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement">Weighted average exercise price of other equity instruments outstanding in share-based payment arrangement at end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement" xlink:to="label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement" xlink:title="label: WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement to label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement" xml:lang="en-US" id="label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement_2">Weighted-average exercise price for warrants outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement" xlink:to="label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement_2" xlink:title="label: WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement to label_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_StatementOfCashFlowTable" xlink:label="StatementOfCashFlowTable" xlink:title="StatementOfCashFlowTable"/>
    <link:label xlink:type="resource" xlink:label="label_StatementOfCashFlowTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatementOfCashFlowTable" xml:lang="en-US" id="label_StatementOfCashFlowTable">Consolidated cash flow statements [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfCashFlowTable" xlink:to="label_StatementOfCashFlowTable" xlink:title="label: StatementOfCashFlowTable to label_StatementOfCashFlowTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedCashFlowStatementsLineItems" xlink:label="ConsolidatedCashFlowStatementsLineItems" xlink:title="ConsolidatedCashFlowStatementsLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedCashFlowStatementsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedCashFlowStatementsLineItems" xml:lang="en-US" id="label_ConsolidatedCashFlowStatementsLineItems">Consolidated cash flow statements [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedCashFlowStatementsLineItems" xlink:to="label_ConsolidatedCashFlowStatementsLineItems" xlink:title="label: ConsolidatedCashFlowStatementsLineItems to label_ConsolidatedCashFlowStatementsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedCashFlowStatementsAxis" xlink:label="ConsolidatedCashFlowStatementsAxis" xlink:title="ConsolidatedCashFlowStatementsAxis"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedCashFlowStatementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedCashFlowStatementsAxis" xml:lang="en-US" id="label_ConsolidatedCashFlowStatementsAxis">Consolidated cash flow statements [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedCashFlowStatementsAxis" xlink:to="label_ConsolidatedCashFlowStatementsAxis" xlink:title="label: ConsolidatedCashFlowStatementsAxis to label_ConsolidatedCashFlowStatementsAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedEntityMember" xlink:label="ConsolidatedCashFlowStatementMember" xlink:title="ConsolidatedCashFlowStatementMember"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedCashFlowStatementMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedCashFlowStatementMember" xml:lang="en-US" id="label_ConsolidatedCashFlowStatementMember">Consolidated entity [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedCashFlowStatementMember" xlink:to="label_ConsolidatedCashFlowStatementMember" xlink:title="label: ConsolidatedCashFlowStatementMember to label_ConsolidatedCashFlowStatementMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AllConsolidatedStatementsMember" xlink:label="AllConsolidatedStatementsMember" xlink:title="AllConsolidatedStatementsMember"/>
    <link:label xlink:type="resource" xlink:label="label_AllConsolidatedStatementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllConsolidatedStatementsMember" xml:lang="en-US" id="label_AllConsolidatedStatementsMember">All consolidated statements [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllConsolidatedStatementsMember" xlink:to="label_AllConsolidatedStatementsMember" xlink:title="label: AllConsolidatedStatementsMember to label_AllConsolidatedStatementsMember"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" xlink:title="LegalEntityAxis"/>
    <link:label xlink:type="resource" xlink:label="label_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LegalEntityAxis" xml:lang="en-US" id="label_LegalEntityAxis">Legal entity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalEntityAxis" xlink:to="label_LegalEntityAxis" xlink:title="label: LegalEntityAxis to label_LegalEntityAxis"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityDomain" xlink:label="EntityDomain" xlink:title="EntityDomain"/>
    <link:label xlink:type="resource" xlink:label="label_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityDomain" xml:lang="en-US" id="label_EntityDomain">Entity domain [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityDomain" xlink:to="label_EntityDomain" xlink:title="label: EntityDomain to label_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LiquidityRiskNarrativeTable" xlink:label="UndrawnLinesOfCreditTable" xlink:title="UndrawnLinesOfCreditTable"/>
    <link:label xlink:type="resource" xlink:label="label_UndrawnLinesOfCreditTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UndrawnLinesOfCreditTable" xml:lang="en-US" id="label_UndrawnLinesOfCreditTable">Liquidity risk Narrative [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndrawnLinesOfCreditTable" xlink:to="label_UndrawnLinesOfCreditTable" xlink:title="label: UndrawnLinesOfCreditTable to label_UndrawnLinesOfCreditTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherNonCurrentLiabilitiesTable" xlink:label="OtherNonCurrentLiabilitiesTable" xlink:title="OtherNonCurrentLiabilitiesTable"/>
    <link:label xlink:type="resource" xlink:label="label_OtherNonCurrentLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNonCurrentLiabilitiesTable" xml:lang="en-US" id="label_OtherNonCurrentLiabilitiesTable">Other non-current liabilities [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonCurrentLiabilitiesTable" xlink:to="label_OtherNonCurrentLiabilitiesTable" xlink:title="label: OtherNonCurrentLiabilitiesTable to label_OtherNonCurrentLiabilitiesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherNonCurrentLiabilitiesAbstract" xlink:label="OtherNonCurrentLiabilitiesAbstract" xlink:title="OtherNonCurrentLiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_OtherNonCurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNonCurrentLiabilitiesAbstract" xml:lang="en-US" id="label_OtherNonCurrentLiabilitiesAbstract">Other non-current liabilities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonCurrentLiabilitiesAbstract" xlink:to="label_OtherNonCurrentLiabilitiesAbstract" xlink:title="label: OtherNonCurrentLiabilitiesAbstract to label_OtherNonCurrentLiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueNarrativeTable" xlink:label="FairValueNarrativeTable" xlink:title="FairValueNarrativeTable"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueNarrativeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueNarrativeTable" xml:lang="en-US" id="label_FairValueNarrativeTable">Fair value Narrative [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueNarrativeTable" xlink:to="label_FairValueNarrativeTable" xlink:title="label: FairValueNarrativeTable to label_FairValueNarrativeTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueNarrativeAbstract" xlink:label="FairValueNarrativeAbstract" xlink:title="FairValueNarrativeAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_FairValueNarrativeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FairValueNarrativeAbstract" xml:lang="en-US" id="label_FairValueNarrativeAbstract">Fair value Narrative [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueNarrativeAbstract" xlink:to="label_FairValueNarrativeAbstract" xlink:title="label: FairValueNarrativeAbstract to label_FairValueNarrativeAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedIncomeStatementsTable" xlink:label="ConsolidatedIncomeStatementsTable" xlink:title="ConsolidatedIncomeStatementsTable"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedIncomeStatementsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedIncomeStatementsTable" xml:lang="en-US" id="label_ConsolidatedIncomeStatementsTable">Consolidated income statements [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedIncomeStatementsTable" xlink:to="label_ConsolidatedIncomeStatementsTable" xlink:title="label: ConsolidatedIncomeStatementsTable to label_ConsolidatedIncomeStatementsTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedIncomeStatementsLineItems" xlink:label="ConsolidatedIncomeStatementLineItemsAbstract" xlink:title="ConsolidatedIncomeStatementLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedIncomeStatementLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedIncomeStatementLineItemsAbstract" xml:lang="en-US" id="label_ConsolidatedIncomeStatementLineItemsAbstract">Consolidated income statements [line item]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedIncomeStatementLineItemsAbstract" xlink:to="label_ConsolidatedIncomeStatementLineItemsAbstract" xlink:title="label: ConsolidatedIncomeStatementLineItemsAbstract to label_ConsolidatedIncomeStatementLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailMovementTable" xlink:label="DetailMovementTable" xlink:title="DetailMovementTable"/>
    <link:label xlink:type="resource" xlink:label="label_DetailMovementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailMovementTable" xml:lang="en-US" id="label_DetailMovementTable">Detail movement [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailMovementTable" xlink:to="label_DetailMovementTable" xlink:title="label: DetailMovementTable to label_DetailMovementTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailMovementAbstract" xlink:label="DetailMovementAbstract" xlink:title="DetailMovementAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DetailMovementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailMovementAbstract" xml:lang="en-US" id="label_DetailMovementAbstract">Detail movement [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailMovementAbstract" xlink:to="label_DetailMovementAbstract" xlink:title="label: DetailMovementAbstract to label_DetailMovementAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherReservesTable" xlink:label="OtherReservesTable" xlink:title="OtherReservesTable"/>
    <link:label xlink:type="resource" xlink:label="label_OtherReservesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherReservesTable" xml:lang="en-US" id="label_OtherReservesTable">Other reserves [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReservesTable" xlink:to="label_OtherReservesTable" xlink:title="label: OtherReservesTable to label_OtherReservesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherReservesLineItemsAbstract" xlink:label="OtherReservesLineItemsAbstract" xlink:title="OtherReservesLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_OtherReservesLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherReservesLineItemsAbstract" xml:lang="en-US" id="label_OtherReservesLineItemsAbstract">Other reserves [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReservesLineItemsAbstract" xlink:to="label_OtherReservesLineItemsAbstract" xlink:title="label: OtherReservesLineItemsAbstract to label_OtherReservesLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinancialExpenseTable" xlink:label="FinancialExpenseTable" xlink:title="FinancialExpenseTable"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialExpenseTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialExpenseTable" xml:lang="en-US" id="label_FinancialExpenseTable">Financial expense [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialExpenseTable" xlink:to="label_FinancialExpenseTable" xlink:title="label: FinancialExpenseTable to label_FinancialExpenseTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinancialExpenseAbstract" xlink:label="FinancialExpenseAbstract" xlink:title="FinancialExpenseAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialExpenseAbstract" xml:lang="en-US" id="label_FinancialExpenseAbstract">Financial expense [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialExpenseAbstract" xlink:to="label_FinancialExpenseAbstract" xlink:title="label: FinancialExpenseAbstract to label_FinancialExpenseAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CurrentIncomeTaxesTable" xlink:label="CurrentIncomeTaxesTable" xlink:title="CurrentIncomeTaxesTable"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentIncomeTaxesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentIncomeTaxesTable" xml:lang="en-US" id="label_CurrentIncomeTaxesTable">Current income taxes [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentIncomeTaxesTable" xlink:to="label_CurrentIncomeTaxesTable" xlink:title="label: CurrentIncomeTaxesTable to label_CurrentIncomeTaxesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CurrentIncomeTaxesAbstract" xlink:label="CurrentIncomeTaxesAbstract" xlink:title="CurrentIncomeTaxesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentIncomeTaxesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentIncomeTaxesAbstract" xml:lang="en-US" id="label_CurrentIncomeTaxesAbstract">Current income taxes [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentIncomeTaxesAbstract" xlink:to="label_CurrentIncomeTaxesAbstract" xlink:title="label: CurrentIncomeTaxesAbstract to label_CurrentIncomeTaxesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RelationshipTaxExpenseAndAcountringProfitTable" xlink:label="RelationshipTaxExpenseAndAcountringProfitTable" xlink:title="RelationshipTaxExpenseAndAcountringProfitTable"/>
    <link:label xlink:type="resource" xlink:label="label_RelationshipTaxExpenseAndAcountringProfitTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RelationshipTaxExpenseAndAcountringProfitTable" xml:lang="en-US" id="label_RelationshipTaxExpenseAndAcountringProfitTable">Relationship tax expense and accounting profit [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelationshipTaxExpenseAndAcountringProfitTable" xlink:to="label_RelationshipTaxExpenseAndAcountringProfitTable" xlink:title="label: RelationshipTaxExpenseAndAcountringProfitTable to label_RelationshipTaxExpenseAndAcountringProfitTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract" xlink:label="RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract" xlink:title="RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract" xml:lang="en-US" id="label_RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract">Relationship tax expense and accounting profit [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract" xlink:to="label_RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract" xlink:title="label: RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract to label_RelationshipTaxExpenseAndAccountingProfitLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinancialIncomeTable" xlink:label="FinancialIncomeTable" xlink:title="FinancialIncomeTable"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialIncomeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialIncomeTable" xml:lang="en-US" id="label_FinancialIncomeTable">Financial income [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialIncomeTable" xlink:to="label_FinancialIncomeTable" xlink:title="label: FinancialIncomeTable to label_FinancialIncomeTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FinancialIncomeLineItemsAbstract" xlink:label="FinancialIncomeLineItemsAbstract" xlink:title="FinancialIncomeLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialIncomeLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialIncomeLineItemsAbstract" xml:lang="en-US" id="label_FinancialIncomeLineItemsAbstract">Financial income [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialIncomeLineItemsAbstract" xlink:to="label_FinancialIncomeLineItemsAbstract" xlink:title="label: FinancialIncomeLineItemsAbstract to label_FinancialIncomeLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CurrentIncomeTaxesNarrativeTable" xlink:label="CurrentIncomeTaxesNarrativeTable" xlink:title="CurrentIncomeTaxesNarrativeTable"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentIncomeTaxesNarrativeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentIncomeTaxesNarrativeTable" xml:lang="en-US" id="label_CurrentIncomeTaxesNarrativeTable">Current income taxes Narrative [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentIncomeTaxesNarrativeTable" xlink:to="label_CurrentIncomeTaxesNarrativeTable" xlink:title="label: CurrentIncomeTaxesNarrativeTable to label_CurrentIncomeTaxesNarrativeTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CurrentIncomeTaxesNarrativeLineItemsAbstract" xlink:label="CurrentIncomeTaxesNarrativeLineItemsAbstract" xlink:title="CurrentIncomeTaxesNarrativeLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentIncomeTaxesNarrativeLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentIncomeTaxesNarrativeLineItemsAbstract" xml:lang="en-US" id="label_CurrentIncomeTaxesNarrativeLineItemsAbstract">Current income taxes Narrative [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentIncomeTaxesNarrativeLineItemsAbstract" xlink:to="label_CurrentIncomeTaxesNarrativeLineItemsAbstract" xlink:title="label: CurrentIncomeTaxesNarrativeLineItemsAbstract to label_CurrentIncomeTaxesNarrativeLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedStatementOfFinancialPositionTable" xlink:label="ConsolidatedStatementOfFinancialPositionTable" xlink:title="ConsolidatedStatementOfFinancialPositionTable"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedStatementOfFinancialPositionTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedStatementOfFinancialPositionTable" xml:lang="en-US" id="label_ConsolidatedStatementOfFinancialPositionTable">Consolidated statement of financial position [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedStatementOfFinancialPositionTable" xlink:to="label_ConsolidatedStatementOfFinancialPositionTable" xlink:title="label: ConsolidatedStatementOfFinancialPositionTable to label_ConsolidatedStatementOfFinancialPositionTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedStatementOfFinancialPositionLineItemsAbstract" xlink:label="ConsolidatedStatementOfFinancialPositionLineItemsAbstract" xlink:title="ConsolidatedStatementOfFinancialPositionLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedStatementOfFinancialPositionLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedStatementOfFinancialPositionLineItemsAbstract" xml:lang="en-US" id="label_ConsolidatedStatementOfFinancialPositionLineItemsAbstract">Consolidated statement of financial position [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedStatementOfFinancialPositionLineItemsAbstract" xlink:to="label_ConsolidatedStatementOfFinancialPositionLineItemsAbstract" xlink:title="label: ConsolidatedStatementOfFinancialPositionLineItemsAbstract to label_ConsolidatedStatementOfFinancialPositionLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CashAndCashEquivalentsTable" xlink:label="CashAndCashEquivalentsTable" xlink:title="CashAndCashEquivalentsTable"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalentsTable" xml:lang="en-US" id="label_CashAndCashEquivalentsTable">Cash and cash equivalents [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsTable" xlink:to="label_CashAndCashEquivalentsTable" xlink:title="label: CashAndCashEquivalentsTable to label_CashAndCashEquivalentsTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CashAndCashEquivalentsLineItemsAbstract" xlink:label="CashAndCashEquivalentsLineItemsAbstract" xlink:title="CashAndCashEquivalentsLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashEquivalentsLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashEquivalentsLineItemsAbstract" xml:lang="en-US" id="label_CashAndCashEquivalentsLineItemsAbstract">Cash and cash equivalents [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsLineItemsAbstract" xlink:to="label_CashAndCashEquivalentsLineItemsAbstract" xlink:title="label: CashAndCashEquivalentsLineItemsAbstract to label_CashAndCashEquivalentsLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TradeReceivablesTable" xlink:label="TradeReceivablesTable" xlink:title="TradeReceivablesTable"/>
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesTable" xml:lang="en-US" id="label_TradeReceivablesTable">Trade receivables [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesTable" xlink:to="label_TradeReceivablesTable" xlink:title="label: TradeReceivablesTable to label_TradeReceivablesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TradeReceivablesLineItemsAbstract" xlink:label="TradeReceivablesLineItemsAbstract" xlink:title="TradeReceivablesLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_TradeReceivablesLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeReceivablesLineItemsAbstract" xml:lang="en-US" id="label_TradeReceivablesLineItemsAbstract">Trade receivables [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivablesLineItemsAbstract" xlink:to="label_TradeReceivablesLineItemsAbstract" xlink:title="label: TradeReceivablesLineItemsAbstract to label_TradeReceivablesLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillTable" xlink:label="GoodwillTable" xlink:title="GoodwillTable"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillTable" xml:lang="en-US" id="label_GoodwillTable">Goodwill [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillTable" xlink:to="label_GoodwillTable" xlink:title="label: GoodwillTable to label_GoodwillTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodwillLineItemsAbstract" xlink:label="GoodwillLineItemsAbstract" xlink:title="GoodwillLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_GoodwillLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodwillLineItemsAbstract" xml:lang="en-US" id="label_GoodwillLineItemsAbstract">Goodwill [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillLineItemsAbstract" xlink:to="label_GoodwillLineItemsAbstract" xlink:title="label: GoodwillLineItemsAbstract to label_GoodwillLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfOtherAssetsTextBlock" xlink:label="DisclosureOfOtherAssetsTextBlock" xlink:title="DisclosureOfOtherAssetsTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherAssetsTextBlock" xml:lang="en-US" id="label_DisclosureOfOtherAssetsTextBlock">Disclosure Other assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsTextBlock" xlink:to="label_DisclosureOfOtherAssetsTextBlock" xlink:title="label: DisclosureOfOtherAssetsTextBlock to label_DisclosureOfOtherAssetsTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfTaxPayablesExplanatory" xlink:label="DisclosureOfTaxPayablesExplanatory" xlink:title="DisclosureOfTaxPayablesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxPayablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTaxPayablesExplanatory" xml:lang="en-US" id="label_DisclosureOfTaxPayablesExplanatory">Disclosure of tax payables table [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxPayablesExplanatory" xlink:to="label_DisclosureOfTaxPayablesExplanatory" xlink:title="label: DisclosureOfTaxPayablesExplanatory to label_DisclosureOfTaxPayablesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentTaxLiabilities" xlink:label="CurrentTaxLiabilities" xlink:title="CurrentTaxLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTaxLiabilities" xml:lang="en-US" id="label_CurrentTaxLiabilities">Current tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxLiabilities" xlink:to="label_CurrentTaxLiabilities" xlink:title="label: CurrentTaxLiabilities to label_CurrentTaxLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CurrentTaxLiabilityACTech" xlink:label="CurrentTaxLiabilityACTech" xlink:title="CurrentTaxLiabilityACTech"/>
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxLiabilityACTech" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTaxLiabilityACTech" xml:lang="en-US" id="label_CurrentTaxLiabilityACTech">Current tax liability ACTech</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxLiabilityACTech" xlink:to="label_CurrentTaxLiabilityACTech" xlink:title="label: CurrentTaxLiabilityACTech to label_CurrentTaxLiabilityACTech"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentLiabilitiesTable" xlink:label="MiscellaneousNonCurrentLiabilitiesTable" xlink:title="MiscellaneousNonCurrentLiabilitiesTable"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNonCurrentLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNonCurrentLiabilitiesTable" xml:lang="en-US" id="label_MiscellaneousNonCurrentLiabilitiesTable">Miscellaneous non-current liabilities [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonCurrentLiabilitiesTable" xlink:to="label_MiscellaneousNonCurrentLiabilitiesTable" xlink:title="label: MiscellaneousNonCurrentLiabilitiesTable to label_MiscellaneousNonCurrentLiabilitiesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentLiabilitiesAxis" xlink:label="MiscellaneousNonCurrentLiabilitiesAxis" xlink:title="MiscellaneousNonCurrentLiabilitiesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNonCurrentLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNonCurrentLiabilitiesAxis" xml:lang="en-US" id="label_MiscellaneousNonCurrentLiabilitiesAxis">Miscellaneous non-current liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonCurrentLiabilitiesAxis" xlink:to="label_MiscellaneousNonCurrentLiabilitiesAxis" xlink:title="label: MiscellaneousNonCurrentLiabilitiesAxis to label_MiscellaneousNonCurrentLiabilitiesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentLiabilitiesLineItems" xlink:label="MiscellaneousNonCurrentLiabilitiesLineItems" xlink:title="MiscellaneousNonCurrentLiabilitiesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNonCurrentLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNonCurrentLiabilitiesLineItems" xml:lang="en-US" id="label_MiscellaneousNonCurrentLiabilitiesLineItems">Miscellaneous non-current liabilities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonCurrentLiabilitiesLineItems" xlink:to="label_MiscellaneousNonCurrentLiabilitiesLineItems" xlink:title="label: MiscellaneousNonCurrentLiabilitiesLineItems to label_MiscellaneousNonCurrentLiabilitiesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentLiabilitiesMember" xlink:label="MiscellaneousNonCurrentLiabilitiesDomainMember" xlink:title="MiscellaneousNonCurrentLiabilitiesDomainMember"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNonCurrentLiabilitiesDomainMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNonCurrentLiabilitiesDomainMember" xml:lang="en-US" id="label_MiscellaneousNonCurrentLiabilitiesDomainMember">Miscellaneous non-current liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonCurrentLiabilitiesDomainMember" xlink:to="label_MiscellaneousNonCurrentLiabilitiesDomainMember" xlink:title="label: MiscellaneousNonCurrentLiabilitiesDomainMember to label_MiscellaneousNonCurrentLiabilitiesDomainMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncomeTaxAndDeferredTaxAbstract" xlink:label="IncomeTaxAndDeferredTaxAbstract" xlink:title="IncomeTaxAndDeferredTaxAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeTaxAndDeferredTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeTaxAndDeferredTaxAbstract" xml:lang="en-US" id="label_IncomeTaxAndDeferredTaxAbstract">Income tax and deferred tax [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxAndDeferredTaxAbstract" xlink:to="label_IncomeTaxAndDeferredTaxAbstract" xlink:title="label: IncomeTaxAndDeferredTaxAbstract to label_IncomeTaxAndDeferredTaxAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfIncomeTaxAndDeferredTaxExplanatory" xlink:label="DisclosureOfIncomeTaxAndDeferredTaxExplanatory" xlink:title="DisclosureOfIncomeTaxAndDeferredTaxExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfIncomeTaxAndDeferredTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfIncomeTaxAndDeferredTaxExplanatory" xml:lang="en-US" id="label_DisclosureOfIncomeTaxAndDeferredTaxExplanatory">Disclosure of income tax and deferred tax [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIncomeTaxAndDeferredTaxExplanatory" xlink:to="label_DisclosureOfIncomeTaxAndDeferredTaxExplanatory" xlink:title="label: DisclosureOfIncomeTaxAndDeferredTaxExplanatory to label_DisclosureOfIncomeTaxAndDeferredTaxExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:label="DisclosureOfInterestsInSubsidiariesExplanatory" xlink:title="DisclosureOfInterestsInSubsidiariesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfInterestsInSubsidiariesExplanatory" xml:lang="en-US" id="label_DisclosureOfInterestsInSubsidiariesExplanatory">Disclosure of interests in subsidiaries [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInterestsInSubsidiariesExplanatory" xlink:to="label_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:title="label: DisclosureOfInterestsInSubsidiariesExplanatory to label_DisclosureOfInterestsInSubsidiariesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:label="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="ImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ImpairmentLossRecognisedInProfitOrLossGoodwill" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLossGoodwill">Impairment of goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="label: ImpairmentLossRecognisedInProfitOrLossGoodwill to label_ImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <link:label xlink:type="resource" xlink:label="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ImpairmentLossRecognisedInProfitOrLossGoodwill" xml:lang="en-US" id="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_2">Impairment Loss Recognised In Profit or Loss Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="label_ImpairmentLossRecognisedInProfitOrLossGoodwill_2" xlink:title="label: ImpairmentLossRecognisedInProfitOrLossGoodwill to label_ImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnusedTaxLossCarryForwardTaxCreditsandOther" xlink:label="UnusedTaxLossCarryForwardTaxCreditsandOther" xlink:title="UnusedTaxLossCarryForwardTaxCreditsandOther"/>
    <link:label xlink:type="resource" xlink:label="label_UnusedTaxLossCarryForwardTaxCreditsandOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnusedTaxLossCarryForwardTaxCreditsandOther" xml:lang="en-US" id="label_UnusedTaxLossCarryForwardTaxCreditsandOther">Unused tax loss carry forward tax credits and other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnusedTaxLossCarryForwardTaxCreditsandOther" xlink:to="label_UnusedTaxLossCarryForwardTaxCreditsandOther" xlink:title="label: UnusedTaxLossCarryForwardTaxCreditsandOther to label_UnusedTaxLossCarryForwardTaxCreditsandOther"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent" xlink:label="ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent" xlink:title="ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent" xml:lang="en-US" id="label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent">Contingent Consideration from Business Combinations, Classified as non-current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent" xlink:to="label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent" xlink:title="label: ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent to label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent" xml:lang="en-US" id="label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent_2">Contingent Consideration from Business Combinations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent" xlink:to="label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent_2" xlink:title="label: ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent to label_ContingentConsiderationFromBusinessCombinationClassifiedAsNonCurrent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalIncreaseViaExerciseWarrants" xlink:label="CapitalIncreaseViaExerciseWarrants" xlink:title="CapitalIncreaseViaExerciseWarrants"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalIncreaseViaExerciseWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalIncreaseViaExerciseWarrants" xml:lang="en-US" id="label_CapitalIncreaseViaExerciseWarrants">Capital increase via exercise warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalIncreaseViaExerciseWarrants" xlink:to="label_CapitalIncreaseViaExerciseWarrants" xlink:title="label: CapitalIncreaseViaExerciseWarrants to label_CapitalIncreaseViaExerciseWarrants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NumberOfWarrantsGranted" xlink:label="NumberOfWarrantsGranted" xlink:title="NumberOfWarrantsGranted"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfWarrantsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfWarrantsGranted" xml:lang="en-US" id="label_NumberOfWarrantsGranted">Number of warrants granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfWarrantsGranted" xlink:to="label_NumberOfWarrantsGranted" xlink:title="label: NumberOfWarrantsGranted to label_NumberOfWarrantsGranted"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NonControllingInterestAbstract" xlink:label="NonControllingInterestAbstract" xlink:title="NonControllingInterestAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_NonControllingInterestAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonControllingInterestAbstract" xml:lang="en-US" id="label_NonControllingInterestAbstract">Non-controlling interest [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestAbstract" xlink:to="label_NonControllingInterestAbstract" xlink:title="label: NonControllingInterestAbstract to label_NonControllingInterestAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NonControllingInterestHeldInRapidFitPlus" xlink:label="NonControllingInterestHeldInRapidFitPlus" xlink:title="NonControllingInterestHeldInRapidFitPlus"/>
    <link:label xlink:type="resource" xlink:label="label_NonControllingInterestHeldInRapidFitPlus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonControllingInterestHeldInRapidFitPlus" xml:lang="en-US" id="label_NonControllingInterestHeldInRapidFitPlus">Non-controlling interest held in Rapid Fit Plus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestHeldInRapidFitPlus" xlink:to="label_NonControllingInterestHeldInRapidFitPlus" xlink:title="label: NonControllingInterestHeldInRapidFitPlus to label_NonControllingInterestHeldInRapidFitPlus"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NetForeignExchangeLoss" xlink:label="NetForeignExchangeLoss" xlink:title="NetForeignExchangeLoss"/>
    <link:label xlink:type="resource" xlink:label="label_NetForeignExchangeLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetForeignExchangeLoss" xml:lang="en-US" id="label_NetForeignExchangeLoss">Foreign exchange loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetForeignExchangeLoss" xlink:to="label_NetForeignExchangeLoss" xlink:title="label: NetForeignExchangeLoss to label_NetForeignExchangeLoss"/>
    <link:label xlink:type="resource" xlink:label="label_NetForeignExchangeLoss_2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NetForeignExchangeLoss" xml:lang="en-US" id="label_NetForeignExchangeLoss_2">Foreign currency losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetForeignExchangeLoss" xlink:to="label_NetForeignExchangeLoss_2" xlink:title="label: NetForeignExchangeLoss to label_NetForeignExchangeLoss"/>
    <link:label xlink:type="resource" xlink:label="label_NetForeignExchangeLoss_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_NetForeignExchangeLoss" xml:lang="en-US" id="label_NetForeignExchangeLoss_3">Foreign currency losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetForeignExchangeLoss" xlink:to="label_NetForeignExchangeLoss_3" xlink:title="label: NetForeignExchangeLoss to label_NetForeignExchangeLoss"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NetForeignExchangeGain" xlink:label="NetForeignExchangeGain" xlink:title="NetForeignExchangeGain"/>
    <link:label xlink:type="resource" xlink:label="label_NetForeignExchangeGain" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="label_NetForeignExchangeGain" xml:lang="en-US" id="label_NetForeignExchangeGain">Foreign currency exchange gains</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetForeignExchangeGain" xlink:to="label_NetForeignExchangeGain" xlink:title="label: NetForeignExchangeGain to label_NetForeignExchangeGain"/>
    <link:label xlink:type="resource" xlink:label="label_NetForeignExchangeGain_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NetForeignExchangeGain" xml:lang="en-US" id="label_NetForeignExchangeGain_2">Foreign exchange gains</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetForeignExchangeGain" xlink:to="label_NetForeignExchangeGain_2" xlink:title="label: NetForeignExchangeGain to label_NetForeignExchangeGain"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ReserveTable" xlink:label="ReserveTable" xlink:title="ReserveTable"/>
    <link:label xlink:type="resource" xlink:label="label_ReserveTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveTable" xml:lang="en-US" id="label_ReserveTable">Reserve [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveTable" xlink:to="label_ReserveTable" xlink:title="label: ReserveTable to label_ReserveTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ReservesTableAxis" xlink:label="ReservesTableAxis" xlink:title="ReservesTableAxis"/>
    <link:label xlink:type="resource" xlink:label="label_ReservesTableAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReservesTableAxis" xml:lang="en-US" id="label_ReservesTableAxis">Reserve [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReservesTableAxis" xlink:to="label_ReservesTableAxis" xlink:title="label: ReservesTableAxis to label_ReservesTableAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ReservesTableLineItems" xlink:label="ReservesTableLineItems" xlink:title="ReservesTableLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_ReservesTableLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReservesTableLineItems" xml:lang="en-US" id="label_ReservesTableLineItems">Reserve [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReservesTableLineItems" xlink:to="label_ReservesTableLineItems" xlink:title="label: ReservesTableLineItems to label_ReservesTableLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WrittenPutOptionRapidFitPlus" xlink:label="WrittenPutOptionRapidFitPlus" xlink:title="WrittenPutOptionRapidFitPlus"/>
    <link:label xlink:type="resource" xlink:label="label_WrittenPutOptionRapidFitPlus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WrittenPutOptionRapidFitPlus" xml:lang="en-US" id="label_WrittenPutOptionRapidFitPlus">Written put option Rapid Fit Plus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenPutOptionRapidFitPlus" xlink:to="label_WrittenPutOptionRapidFitPlus" xlink:title="label: WrittenPutOptionRapidFitPlus to label_WrittenPutOptionRapidFitPlus"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IssuedDilutionWarrantsFairValue" xlink:label="IssuedDilutionWarrantsFairValue" xlink:title="IssuedDilutionWarrantsFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_IssuedDilutionWarrantsFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IssuedDilutionWarrantsFairValue" xml:lang="en-US" id="label_IssuedDilutionWarrantsFairValue">Issued dilution warrants fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedDilutionWarrantsFairValue" xlink:to="label_IssuedDilutionWarrantsFairValue" xlink:title="label: IssuedDilutionWarrantsFairValue to label_IssuedDilutionWarrantsFairValue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IssuedDilutionWarrantstoNonControllingINterest" xlink:label="IssuedDilutionWarrantstoNonControllingINterest" xlink:title="IssuedDilutionWarrantstoNonControllingINterest"/>
    <link:label xlink:type="resource" xlink:label="label_IssuedDilutionWarrantstoNonControllingINterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IssuedDilutionWarrantstoNonControllingINterest" xml:lang="en-US" id="label_IssuedDilutionWarrantstoNonControllingINterest">Issued dilution warrants to non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedDilutionWarrantstoNonControllingINterest" xlink:to="label_IssuedDilutionWarrantstoNonControllingINterest" xlink:title="label: IssuedDilutionWarrantstoNonControllingINterest to label_IssuedDilutionWarrantstoNonControllingINterest"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption" xlink:label="WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption" xlink:title="WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption"/>
    <link:label xlink:type="resource" xlink:label="label_WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption" xml:lang="en-US" id="label_WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption">Written put option Rapid Fit Plus increase/decrease written put option</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption" xlink:to="label_WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption" xlink:title="label: WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption to label_WrittenPutOptionRapidFitPlusIncreaseDecreaseWrittenPutOption"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves" xlink:label="WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves" xlink:title="WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves"/>
    <link:label xlink:type="resource" xlink:label="label_WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves" xml:lang="en-US" id="label_WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves">Written put option Rapid Fit Plus iniitial reclassification from consolidated reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves" xlink:to="label_WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves" xlink:title="label: WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves to label_WrittenPutOptionRapidFitPlusIniitialReclassificationFromConsolidatedReserves"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest" xlink:label="WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest" xlink:title="WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest"/>
    <link:label xlink:type="resource" xlink:label="label_WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest" xml:lang="en-US" id="label_WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest">Written put option Rapid Fit Plus initial reclassification from non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest" xlink:to="label_WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest" xlink:title="label: WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest to label_WrittenPutOptionRapidFitPlusInitialReclassificationFromNonControllingInterest"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount" xlink:label="WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount" xlink:title="WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount"/>
    <link:label xlink:type="resource" xlink:label="label_WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount" xml:lang="en-US" id="label_WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount">Written put option Rapid Fit Plus undiscounted estimated redemption amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount" xlink:to="label_WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount" xlink:title="label: WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount to label_WrittenPutOptionRapidFitPlusUnDiscountedEstimatedRedemptionAmount"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedSegmentsMember" xlink:label="ConsolidatedSegmentsMember" xlink:title="ConsolidatedSegmentsMember"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedSegmentsMember" xml:lang="en-US" id="label_ConsolidatedSegmentsMember">Consolidated Segments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedSegmentsMember" xlink:to="label_ConsolidatedSegmentsMember" xlink:title="label: ConsolidatedSegmentsMember to label_ConsolidatedSegmentsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceContractCreditLineTotal" xlink:label="EibFinanceContractCreditLineTotal" xlink:title="EibFinanceContractCreditLineTotal"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceContractCreditLineTotal" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_EibFinanceContractCreditLineTotal" xml:lang="en-US" id="label_EibFinanceContractCreditLineTotal">EIB finance contract credit line Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceContractCreditLineTotal" xlink:to="label_EibFinanceContractCreditLineTotal" xlink:title="label: EibFinanceContractCreditLineTotal to label_EibFinanceContractCreditLineTotal"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceContractCreditLineTotal_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceContractCreditLineTotal" xml:lang="en-US" id="label_EibFinanceContractCreditLineTotal_2">EIB finance contract credit line</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceContractCreditLineTotal" xlink:to="label_EibFinanceContractCreditLineTotal_2" xlink:title="label: EibFinanceContractCreditLineTotal to label_EibFinanceContractCreditLineTotal"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxLiabilitiesOnOtherItems" xlink:label="DeferredTaxLiabilitiesOnOtherItems" xlink:title="DeferredTaxLiabilitiesOnOtherItems"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesOnOtherItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxLiabilitiesOnOtherItems" xml:lang="en-US" id="label_DeferredTaxLiabilitiesOnOtherItems">Deferred tax liabilities on other items</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesOnOtherItems" xlink:to="label_DeferredTaxLiabilitiesOnOtherItems" xlink:title="label: DeferredTaxLiabilitiesOnOtherItems to label_DeferredTaxLiabilitiesOnOtherItems"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesOnOtherItems_2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredTaxLiabilitiesOnOtherItems" xml:lang="en-US" id="label_DeferredTaxLiabilitiesOnOtherItems_2">Other items</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesOnOtherItems" xlink:to="label_DeferredTaxLiabilitiesOnOtherItems_2" xlink:title="label: DeferredTaxLiabilitiesOnOtherItems to label_DeferredTaxLiabilitiesOnOtherItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherAssetsAbstract" xlink:label="OtherAssetsAbstract" xlink:title="OtherAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_OtherAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherAssetsAbstract" xml:lang="en-US" id="label_OtherAssetsAbstract">Other assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetsAbstract" xlink:to="label_OtherAssetsAbstract" xlink:title="label: OtherAssetsAbstract to label_OtherAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OutstandingSharesMonetary" xlink:label="OutstandingSharesMonetary" xlink:title="OutstandingSharesMonetary"/>
    <link:label xlink:type="resource" xlink:label="label_OutstandingSharesMonetary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OutstandingSharesMonetary" xml:lang="en-US" id="label_OutstandingSharesMonetary">Outstanding shares, monetary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OutstandingSharesMonetary" xlink:to="label_OutstandingSharesMonetary" xlink:title="label: OutstandingSharesMonetary to label_OutstandingSharesMonetary"/>
    <link:label xlink:type="resource" xlink:label="label_OutstandingSharesMonetary_2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="label_OutstandingSharesMonetary" xml:lang="en-US" id="label_OutstandingSharesMonetary_2">Outstanding, beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OutstandingSharesMonetary" xlink:to="label_OutstandingSharesMonetary_2" xlink:title="label: OutstandingSharesMonetary to label_OutstandingSharesMonetary"/>
    <link:label xlink:type="resource" xlink:label="label_OutstandingSharesMonetary_3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="label_OutstandingSharesMonetary" xml:lang="en-US" id="label_OutstandingSharesMonetary_3">Outstanding, end of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OutstandingSharesMonetary" xlink:to="label_OutstandingSharesMonetary_3" xlink:title="label: OutstandingSharesMonetary to label_OutstandingSharesMonetary"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsExpenseAndWeightedAverageTable" xlink:label="DetailsExpenseAndWeightedAverageTable" xlink:title="DetailsExpenseAndWeightedAverageTable"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsExpenseAndWeightedAverageTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsExpenseAndWeightedAverageTable" xml:lang="en-US" id="label_DetailsExpenseAndWeightedAverageTable">Details expense and weighted average [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsExpenseAndWeightedAverageTable" xlink:to="label_DetailsExpenseAndWeightedAverageTable" xlink:title="label: DetailsExpenseAndWeightedAverageTable to label_DetailsExpenseAndWeightedAverageTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsExpenseAndWeightedAverageAxis" xlink:label="DetailsExpenseAndWeightedAverageAxis" xlink:title="DetailsExpenseAndWeightedAverageAxis"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsExpenseAndWeightedAverageAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsExpenseAndWeightedAverageAxis" xml:lang="en-US" id="label_DetailsExpenseAndWeightedAverageAxis">Details expense and weighted average [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsExpenseAndWeightedAverageAxis" xlink:to="label_DetailsExpenseAndWeightedAverageAxis" xlink:title="label: DetailsExpenseAndWeightedAverageAxis to label_DetailsExpenseAndWeightedAverageAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsExpenseAndWeightedAverageDomainMember" xlink:label="DetailsExpenseAndWeightedAverageDomainMember" xlink:title="DetailsExpenseAndWeightedAverageDomainMember"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsExpenseAndWeightedAverageDomainMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsExpenseAndWeightedAverageDomainMember" xml:lang="en-US" id="label_DetailsExpenseAndWeightedAverageDomainMember">Details expense and weighted average [domain member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsExpenseAndWeightedAverageDomainMember" xlink:to="label_DetailsExpenseAndWeightedAverageDomainMember" xlink:title="label: DetailsExpenseAndWeightedAverageDomainMember to label_DetailsExpenseAndWeightedAverageDomainMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsExpenseAndWeightedAverageLineItems" xlink:label="DetailsExpenseAndWeightedAverageLineItems" xlink:title="DetailsExpenseAndWeightedAverageLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsExpenseAndWeightedAverageLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsExpenseAndWeightedAverageLineItems" xml:lang="en-US" id="label_DetailsExpenseAndWeightedAverageLineItems">Details expense and weighted average [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsExpenseAndWeightedAverageLineItems" xlink:to="label_DetailsExpenseAndWeightedAverageLineItems" xlink:title="label: DetailsExpenseAndWeightedAverageLineItems to label_DetailsExpenseAndWeightedAverageLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfOtherCurrentAssetsTextBlockExplanatory" xlink:label="DisclosureOfOtherCurrentAssetsTextBlockExplanatory" xlink:title="DisclosureOfOtherCurrentAssetsTextBlockExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherCurrentAssetsTextBlockExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherCurrentAssetsTextBlockExplanatory" xml:lang="en-US" id="label_DisclosureOfOtherCurrentAssetsTextBlockExplanatory">Disclosure of other current assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherCurrentAssetsTextBlockExplanatory" xlink:to="label_DisclosureOfOtherCurrentAssetsTextBlockExplanatory" xlink:title="label: DisclosureOfOtherCurrentAssetsTextBlockExplanatory to label_DisclosureOfOtherCurrentAssetsTextBlockExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory" xlink:label="DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory" xlink:title="DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory" xml:lang="en-US" id="label_DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory">Disclosure of other non-current assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory" xlink:to="label_DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory" xlink:title="label: DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory to label_DisclosureOfOtherNoncurrentAssetsTextBlockExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TaxPayablesAbstract" xlink:label="TaxPayablesAbstract" xlink:title="TaxPayablesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_TaxPayablesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TaxPayablesAbstract" xml:lang="en-US" id="label_TaxPayablesAbstract">Tax payables [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxPayablesAbstract" xlink:to="label_TaxPayablesAbstract" xlink:title="label: TaxPayablesAbstract to label_TaxPayablesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfTaxPayablesTextBlockExplanatory" xlink:label="DisclosureOfTaxPayablesTextBlockExplanatory" xlink:title="DisclosureOfTaxPayablesTextBlockExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfTaxPayablesTextBlockExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfTaxPayablesTextBlockExplanatory" xml:lang="en-US" id="label_DisclosureOfTaxPayablesTextBlockExplanatory">Disclosure of tax payables [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxPayablesTextBlockExplanatory" xlink:to="label_DisclosureOfTaxPayablesTextBlockExplanatory" xlink:title="label: DisclosureOfTaxPayablesTextBlockExplanatory to label_DisclosureOfTaxPayablesTextBlockExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LoansAndBorrowingsTable" xlink:label="LoansAndBorrowingsTable" xlink:title="LoansAndBorrowingsTable"/>
    <link:label xlink:type="resource" xlink:label="label_LoansAndBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndBorrowingsTable" xml:lang="en-US" id="label_LoansAndBorrowingsTable">Loans and borrowings [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndBorrowingsTable" xlink:to="label_LoansAndBorrowingsTable" xlink:title="label: LoansAndBorrowingsTable to label_LoansAndBorrowingsTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LoansAndBorrowingsAxis" xlink:label="LoansAndBorrowingsAxis" xlink:title="LoansAndBorrowingsAxis"/>
    <link:label xlink:type="resource" xlink:label="label_LoansAndBorrowingsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndBorrowingsAxis" xml:lang="en-US" id="label_LoansAndBorrowingsAxis">Loans and borrowings [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndBorrowingsAxis" xlink:to="label_LoansAndBorrowingsAxis" xlink:title="label: LoansAndBorrowingsAxis to label_LoansAndBorrowingsAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LoansAndBorrowingsMember" xlink:label="LoansAndBorrowingsDomainMember" xlink:title="LoansAndBorrowingsDomainMember"/>
    <link:label xlink:type="resource" xlink:label="label_LoansAndBorrowingsDomainMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndBorrowingsDomainMember" xml:lang="en-US" id="label_LoansAndBorrowingsDomainMember">Loans and borrowings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndBorrowingsDomainMember" xlink:to="label_LoansAndBorrowingsDomainMember" xlink:title="label: LoansAndBorrowingsDomainMember to label_LoansAndBorrowingsDomainMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LoansAndBorrowingsLineItems" xlink:label="LoansAndBorrowingsLineItems" xlink:title="LoansAndBorrowingsLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_LoansAndBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LoansAndBorrowingsLineItems" xml:lang="en-US" id="label_LoansAndBorrowingsLineItems">Loans and borrowings [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndBorrowingsLineItems" xlink:to="label_LoansAndBorrowingsLineItems" xlink:title="label: LoansAndBorrowingsLineItems to label_LoansAndBorrowingsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherCurrentLiabilitiesNarrativeTable" xlink:label="OtherCurrentLiabilitiesNarrativeTable" xlink:title="OtherCurrentLiabilitiesNarrativeTable"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilitiesNarrativeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentLiabilitiesNarrativeTable" xml:lang="en-US" id="label_OtherCurrentLiabilitiesNarrativeTable">Other current liabilities narrative [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilitiesNarrativeTable" xlink:to="label_OtherCurrentLiabilitiesNarrativeTable" xlink:title="label: OtherCurrentLiabilitiesNarrativeTable to label_OtherCurrentLiabilitiesNarrativeTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherCurrentLiabilitiesNarrativeAxis" xlink:label="OtherCurrentLiabilitiesNarrativeAxis" xlink:title="OtherCurrentLiabilitiesNarrativeAxis"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilitiesNarrativeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentLiabilitiesNarrativeAxis" xml:lang="en-US" id="label_OtherCurrentLiabilitiesNarrativeAxis">Other current liabilities narrative [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilitiesNarrativeAxis" xlink:to="label_OtherCurrentLiabilitiesNarrativeAxis" xlink:title="label: OtherCurrentLiabilitiesNarrativeAxis to label_OtherCurrentLiabilitiesNarrativeAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherCurrentLiabilitiesNarrativeMember" xlink:label="OtherCurrentLiabilitiesNarrativeMember" xlink:title="OtherCurrentLiabilitiesNarrativeMember"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilitiesNarrativeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentLiabilitiesNarrativeMember" xml:lang="en-US" id="label_OtherCurrentLiabilitiesNarrativeMember">Other current liabilities narrative [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilitiesNarrativeMember" xlink:to="label_OtherCurrentLiabilitiesNarrativeMember" xlink:title="label: OtherCurrentLiabilitiesNarrativeMember to label_OtherCurrentLiabilitiesNarrativeMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherCurrentLiabilitiesNarrativeLineItems" xlink:label="OtherCurrentLiabilitiesNarrativeLineItems" xlink:title="OtherCurrentLiabilitiesNarrativeLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentLiabilitiesNarrativeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentLiabilitiesNarrativeLineItems" xml:lang="en-US" id="label_OtherCurrentLiabilitiesNarrativeLineItems">Other current liabilities narrative [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentLiabilitiesNarrativeLineItems" xlink:to="label_OtherCurrentLiabilitiesNarrativeLineItems" xlink:title="label: OtherCurrentLiabilitiesNarrativeLineItems to label_OtherCurrentLiabilitiesNarrativeLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_StatemenzOfComprehensiveIncomeTable" xlink:label="StatemenzOfComprehensiveIncomeTable" xlink:title="StatemenzOfComprehensiveIncomeTable"/>
    <link:label xlink:type="resource" xlink:label="label_StatemenzOfComprehensiveIncomeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatemenzOfComprehensiveIncomeTable" xml:lang="en-US" id="label_StatemenzOfComprehensiveIncomeTable">Consolidated statements of comprehensive income [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatemenzOfComprehensiveIncomeTable" xlink:to="label_StatemenzOfComprehensiveIncomeTable" xlink:title="label: StatemenzOfComprehensiveIncomeTable to label_StatemenzOfComprehensiveIncomeTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_StatemenzOfComprehensiveIncomeLineItems" xlink:label="StatemenzOfComprehensiveIncomeLineItems" xlink:title="StatemenzOfComprehensiveIncomeLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_StatemenzOfComprehensiveIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_StatemenzOfComprehensiveIncomeLineItems" xml:lang="en-US" id="label_StatemenzOfComprehensiveIncomeLineItems">Consolidated statements of comprehensive income [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatemenzOfComprehensiveIncomeLineItems" xlink:to="label_StatemenzOfComprehensiveIncomeLineItems" xlink:title="label: StatemenzOfComprehensiveIncomeLineItems to label_StatemenzOfComprehensiveIncomeLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PayrollExpensesTable" xlink:label="PayrollExpensesTable" xlink:title="PayrollExpensesTable"/>
    <link:label xlink:type="resource" xlink:label="label_PayrollExpensesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PayrollExpensesTable" xml:lang="en-US" id="label_PayrollExpensesTable">Payroll expenses [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayrollExpensesTable" xlink:to="label_PayrollExpensesTable" xlink:title="label: PayrollExpensesTable to label_PayrollExpensesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PayrollExpensesAxis" xlink:label="PayrollExpensesAxis" xlink:title="PayrollExpensesAxis"/>
    <link:label xlink:type="resource" xlink:label="label_PayrollExpensesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PayrollExpensesAxis" xml:lang="en-US" id="label_PayrollExpensesAxis">Payroll expenses [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayrollExpensesAxis" xlink:to="label_PayrollExpensesAxis" xlink:title="label: PayrollExpensesAxis to label_PayrollExpensesAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PayrollExpensesMember" xlink:label="PayrollExpensesMember" xlink:title="PayrollExpensesMember"/>
    <link:label xlink:type="resource" xlink:label="label_PayrollExpensesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PayrollExpensesMember" xml:lang="en-US" id="label_PayrollExpensesMember">Payroll expenses [domain member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayrollExpensesMember" xlink:to="label_PayrollExpensesMember" xlink:title="label: PayrollExpensesMember to label_PayrollExpensesMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PayrollExpensesLineItems" xlink:label="PayrollExpensesLineItems" xlink:title="PayrollExpensesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_PayrollExpensesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PayrollExpensesLineItems" xml:lang="en-US" id="label_PayrollExpensesLineItems">Payroll expenses [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayrollExpensesLineItems" xlink:to="label_PayrollExpensesLineItems" xlink:title="label: PayrollExpensesLineItems to label_PayrollExpensesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherCurrentAssetsNarrativeTable" xlink:label="OtherCurrentAssetsNarrativeTable" xlink:title="OtherCurrentAssetsNarrativeTable"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentAssetsNarrativeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentAssetsNarrativeTable" xml:lang="en-US" id="label_OtherCurrentAssetsNarrativeTable">Other current assets Narrative [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentAssetsNarrativeTable" xlink:to="label_OtherCurrentAssetsNarrativeTable" xlink:title="label: OtherCurrentAssetsNarrativeTable to label_OtherCurrentAssetsNarrativeTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentAssetsLineItems" xlink:label="MiscellaneousCurrentAssetsNarrativeLineItemsAbstract" xlink:title="MiscellaneousCurrentAssetsNarrativeLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousCurrentAssetsNarrativeLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousCurrentAssetsNarrativeLineItemsAbstract" xml:lang="en-US" id="label_MiscellaneousCurrentAssetsNarrativeLineItemsAbstract">Other non current assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousCurrentAssetsNarrativeLineItemsAbstract" xlink:to="label_MiscellaneousCurrentAssetsNarrativeLineItemsAbstract" xlink:title="label: MiscellaneousCurrentAssetsNarrativeLineItemsAbstract to label_MiscellaneousCurrentAssetsNarrativeLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory" xlink:label="DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory" xlink:title="DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory" xml:lang="en-US" id="label_DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory">Description of accounting policy for inventory and contract in progress [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory" xlink:to="label_DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory to label_DescriptionOfAccountingPolicyForInventoryAndContractInProgressExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureLoansAndBorrowingsDetailTable" xlink:label="DisclosureLoansAndBorrowingsDetailTable" xlink:title="DisclosureLoansAndBorrowingsDetailTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureLoansAndBorrowingsDetailTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureLoansAndBorrowingsDetailTable" xml:lang="en-US" id="label_DisclosureLoansAndBorrowingsDetailTable">Details loans and borrowings [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureLoansAndBorrowingsDetailTable" xlink:to="label_DisclosureLoansAndBorrowingsDetailTable" xlink:title="label: DisclosureLoansAndBorrowingsDetailTable to label_DisclosureLoansAndBorrowingsDetailTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureLoansAndBorrowingsDetailLineItems" xlink:label="DisclosureLoansAndBorrowingsDetailLineItems" xlink:title="DisclosureLoansAndBorrowingsDetailLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureLoansAndBorrowingsDetailLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureLoansAndBorrowingsDetailLineItems" xml:lang="en-US" id="label_DisclosureLoansAndBorrowingsDetailLineItems">Details loans and borrowings [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureLoansAndBorrowingsDetailLineItems" xlink:to="label_DisclosureLoansAndBorrowingsDetailLineItems" xlink:title="label: DisclosureLoansAndBorrowingsDetailLineItems to label_DisclosureLoansAndBorrowingsDetailLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsLoansAndBorrowingsNarrativeDetailTable" xlink:label="DetailsLoansAndBorrowingsNarrativeDetailTable" xlink:title="DetailsLoansAndBorrowingsNarrativeDetailTable"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsLoansAndBorrowingsNarrativeDetailTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsLoansAndBorrowingsNarrativeDetailTable" xml:lang="en-US" id="label_DetailsLoansAndBorrowingsNarrativeDetailTable">Details loans and borrowings Narrative [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsLoansAndBorrowingsNarrativeDetailTable" xlink:to="label_DetailsLoansAndBorrowingsNarrativeDetailTable" xlink:title="label: DetailsLoansAndBorrowingsNarrativeDetailTable to label_DetailsLoansAndBorrowingsNarrativeDetailTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsLoansAndBorrowingsNarrativeDetailLineItems" xlink:label="DetailsLoansAndBorrowingsNarrativeDetailLineItems" xlink:title="DetailsLoansAndBorrowingsNarrativeDetailLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsLoansAndBorrowingsNarrativeDetailLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsLoansAndBorrowingsNarrativeDetailLineItems" xml:lang="en-US" id="label_DetailsLoansAndBorrowingsNarrativeDetailLineItems">Details loans and borrowings Narrative [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsLoansAndBorrowingsNarrativeDetailLineItems" xlink:to="label_DetailsLoansAndBorrowingsNarrativeDetailLineItems" xlink:title="label: DetailsLoansAndBorrowingsNarrativeDetailLineItems to label_DetailsLoansAndBorrowingsNarrativeDetailLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailRelatedPartyTransactionsNarrativeTable" xlink:label="DetailRelatedPartyTransactionsNarrativeTable" xlink:title="DetailRelatedPartyTransactionsNarrativeTable"/>
    <link:label xlink:type="resource" xlink:label="label_DetailRelatedPartyTransactionsNarrativeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailRelatedPartyTransactionsNarrativeTable" xml:lang="en-US" id="label_DetailRelatedPartyTransactionsNarrativeTable">Details related party transactions Narrative [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailRelatedPartyTransactionsNarrativeTable" xlink:to="label_DetailRelatedPartyTransactionsNarrativeTable" xlink:title="label: DetailRelatedPartyTransactionsNarrativeTable to label_DetailRelatedPartyTransactionsNarrativeTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailsRelatedPartyTransactionsNarrativeLineItems" xlink:label="DetailsRelatedPartyTransactionsNarrativeLineItems" xlink:title="DetailsRelatedPartyTransactionsNarrativeLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DetailsRelatedPartyTransactionsNarrativeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DetailsRelatedPartyTransactionsNarrativeLineItems" xml:lang="en-US" id="label_DetailsRelatedPartyTransactionsNarrativeLineItems">Details related party transactions Narrative [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailsRelatedPartyTransactionsNarrativeLineItems" xlink:to="label_DetailsRelatedPartyTransactionsNarrativeLineItems" xlink:title="label: DetailsRelatedPartyTransactionsNarrativeLineItems to label_DetailsRelatedPartyTransactionsNarrativeLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GeneralGeneratedMember" xlink:label="GeneralGeneratedMember" xlink:title="GeneralGeneratedMember"/>
    <link:label xlink:type="resource" xlink:label="label_GeneralGeneratedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GeneralGeneratedMember" xml:lang="en-US" id="label_GeneralGeneratedMember">General generated [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralGeneratedMember" xlink:to="label_GeneralGeneratedMember" xlink:title="label: GeneralGeneratedMember to label_GeneralGeneratedMember"/>
    <link:label xlink:type="resource" xlink:label="label_GeneralGeneratedMember_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_GeneralGeneratedMember" xml:lang="en-US" id="label_GeneralGeneratedMember_2">General</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralGeneratedMember" xlink:to="label_GeneralGeneratedMember_2" xlink:title="label: GeneralGeneratedMember to label_GeneralGeneratedMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureMovementTableDetailTable" xlink:label="DisclosureMovementTableDetailTable" xlink:title="DisclosureMovementTableDetailTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureMovementTableDetailTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureMovementTableDetailTable" xml:lang="en-US" id="label_DisclosureMovementTableDetailTable">Disclosure movement table [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureMovementTableDetailTable" xlink:to="label_DisclosureMovementTableDetailTable" xlink:title="label: DisclosureMovementTableDetailTable to label_DisclosureMovementTableDetailTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DetailMovementTableDetailLineItemsAbstract" xlink:label="DisclosureMovementTableDetailLineItemsAbstract" xlink:title="DisclosureMovementTableDetailLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureMovementTableDetailLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureMovementTableDetailLineItemsAbstract" xml:lang="en-US" id="label_DisclosureMovementTableDetailLineItemsAbstract">Detail movement table [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureMovementTableDetailLineItemsAbstract" xlink:to="label_DisclosureMovementTableDetailLineItemsAbstract" xlink:title="label: DisclosureMovementTableDetailLineItemsAbstract to label_DisclosureMovementTableDetailLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseOfFutureHardwareRevenuePercent" xlink:label="IncreaseOfFutureHardwareRevenuePercent" xlink:title="IncreaseOfFutureHardwareRevenuePercent"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseOfFutureHardwareRevenuePercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseOfFutureHardwareRevenuePercent" xml:lang="en-US" id="label_IncreaseOfFutureHardwareRevenuePercent">Increase of future hardware revenue (percent)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseOfFutureHardwareRevenuePercent" xlink:to="label_IncreaseOfFutureHardwareRevenuePercent" xlink:title="label: IncreaseOfFutureHardwareRevenuePercent to label_IncreaseOfFutureHardwareRevenuePercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseOfFutureHardwareRevenueImpact" xlink:label="IncreaseOfFutureHardwareRevenueImpact" xlink:title="IncreaseOfFutureHardwareRevenueImpact"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseOfFutureHardwareRevenueImpact" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseOfFutureHardwareRevenueImpact" xml:lang="en-US" id="label_IncreaseOfFutureHardwareRevenueImpact">Increase of future hardware revenue impact</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseOfFutureHardwareRevenueImpact" xlink:to="label_IncreaseOfFutureHardwareRevenueImpact" xlink:title="label: IncreaseOfFutureHardwareRevenueImpact to label_IncreaseOfFutureHardwareRevenueImpact"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LowerProductionCostsPercent" xlink:label="LowerProductionCostsPercent" xlink:title="LowerProductionCostsPercent"/>
    <link:label xlink:type="resource" xlink:label="label_LowerProductionCostsPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LowerProductionCostsPercent" xml:lang="en-US" id="label_LowerProductionCostsPercent">Lower production costs (percent)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LowerProductionCostsPercent" xlink:to="label_LowerProductionCostsPercent" xlink:title="label: LowerProductionCostsPercent to label_LowerProductionCostsPercent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_LowerProductionCostsImpact" xlink:label="LowerProductionCostsImpact" xlink:title="LowerProductionCostsImpact"/>
    <link:label xlink:type="resource" xlink:label="label_LowerProductionCostsImpact" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LowerProductionCostsImpact" xml:lang="en-US" id="label_LowerProductionCostsImpact">Lower production costs impact</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LowerProductionCostsImpact" xlink:to="label_LowerProductionCostsImpact" xlink:title="label: LowerProductionCostsImpact to label_LowerProductionCostsImpact"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_IncreaseDecreaseThroughTransfersAndOtherChangesEquity">Transfer share capital to share premium-correction</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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfCostOfSalesExplanatory" xlink:label="DisclosureOfCostOfSalesExplanatory" xlink:title="DisclosureOfCostOfSalesExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfCostOfSalesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfCostOfSalesExplanatory" xml:lang="en-US" id="label_DisclosureOfCostOfSalesExplanatory">Disclosure of Cost of sales [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCostOfSalesExplanatory" xlink:to="label_DisclosureOfCostOfSalesExplanatory" xlink:title="label: DisclosureOfCostOfSalesExplanatory to label_DisclosureOfCostOfSalesExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfResearchAndDevelopmentExpenseExplanatory" xlink:label="DisclosureOfResearchAndDevelopmentExpenseExplanatory" xlink:title="DisclosureOfResearchAndDevelopmentExpenseExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfResearchAndDevelopmentExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfResearchAndDevelopmentExpenseExplanatory" xml:lang="en-US" id="label_DisclosureOfResearchAndDevelopmentExpenseExplanatory">Disclosure of Research and Development Expense [Text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfResearchAndDevelopmentExpenseExplanatory" xlink:to="label_DisclosureOfResearchAndDevelopmentExpenseExplanatory" xlink:title="label: DisclosureOfResearchAndDevelopmentExpenseExplanatory to label_DisclosureOfResearchAndDevelopmentExpenseExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:label="DisclosureOfOtherOperatingExpenseExplanatory" xlink:title="DisclosureOfOtherOperatingExpenseExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOtherOperatingExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOtherOperatingExpenseExplanatory" xml:lang="en-US" id="label_DisclosureOfOtherOperatingExpenseExplanatory">Disclosure of net other operating incomes expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherOperatingExpenseExplanatory" xlink:to="label_DisclosureOfOtherOperatingExpenseExplanatory" xlink:title="label: DisclosureOfOtherOperatingExpenseExplanatory to label_DisclosureOfOtherOperatingExpenseExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:label="DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:title="DisclosureOfGeneralAndAdministrativeExpenseExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xml:lang="en-US" id="label_DisclosureOfGeneralAndAdministrativeExpenseExplanatory">Disclosure of General and Administrative Expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:to="label_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:title="label: DisclosureOfGeneralAndAdministrativeExpenseExplanatory to label_DisclosureOfGeneralAndAdministrativeExpenseExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="DisclosureOfEmployeeBenefitsExplanatory" xlink:title="DisclosureOfEmployeeBenefitsExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfEmployeeBenefitsExplanatory" xml:lang="en-US" id="label_DisclosureOfEmployeeBenefitsExplanatory">Disclosure of Payroll Expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEmployeeBenefitsExplanatory" xlink:to="label_DisclosureOfEmployeeBenefitsExplanatory" xlink:title="label: DisclosureOfEmployeeBenefitsExplanatory to label_DisclosureOfEmployeeBenefitsExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinanceCostExplanatory" xlink:label="DisclosureOfFinanceCostExplanatory" xlink:title="DisclosureOfFinanceCostExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFinanceCostExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFinanceCostExplanatory" xml:lang="en-US" id="label_DisclosureOfFinanceCostExplanatory">Disclosure of financial expenses [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinanceCostExplanatory" xlink:to="label_DisclosureOfFinanceCostExplanatory" xlink:title="label: DisclosureOfFinanceCostExplanatory to label_DisclosureOfFinanceCostExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinanceIncomeExplanatory" xlink:label="DisclosureOfFinanceIncomeExplanatory" xlink:title="DisclosureOfFinanceIncomeExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfFinanceIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfFinanceIncomeExplanatory" xml:lang="en-US" id="label_DisclosureOfFinanceIncomeExplanatory">Disclosure of financial income [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinanceIncomeExplanatory" xlink:to="label_DisclosureOfFinanceIncomeExplanatory" xlink:title="label: DisclosureOfFinanceIncomeExplanatory to label_DisclosureOfFinanceIncomeExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:label="DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:title="DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xml:lang="en-US" id="label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract">Disclosure of disaggregation of revenue from contracts with customers [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:to="label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract" xlink:title="label: DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract to label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:label="DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:title="DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xml:lang="en-US" id="label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:to="label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:title="label: DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable to label_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TimingOfTransferOfGoods" xlink:label="TimingOfTransferOfGoods" xlink:title="TimingOfTransferOfGoods"/>
    <link:label xlink:type="resource" xlink:label="label_TimingOfTransferOfGoods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TimingOfTransferOfGoods" xml:lang="en-US" id="label_TimingOfTransferOfGoods">Timing of transfer of goods</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TimingOfTransferOfGoods" xlink:to="label_TimingOfTransferOfGoods" xlink:title="label: TimingOfTransferOfGoods to label_TimingOfTransferOfGoods"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GoodsOrServicesTransferredOverTimeMember" xlink:label="GoodsOrServicesTransferredOverTimeMember" xlink:title="GoodsOrServicesTransferredOverTimeMember"/>
    <link:label xlink:type="resource" xlink:label="label_GoodsOrServicesTransferredOverTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodsOrServicesTransferredOverTimeMember" xml:lang="en-US" id="label_GoodsOrServicesTransferredOverTimeMember">Goods and services transferred over time</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodsOrServicesTransferredOverTimeMember" xlink:to="label_GoodsOrServicesTransferredOverTimeMember" xlink:title="label: GoodsOrServicesTransferredOverTimeMember to label_GoodsOrServicesTransferredOverTimeMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember" xlink:label="GoodsOrServicesTransferredAtPointInTimeMember" xlink:title="GoodsOrServicesTransferredAtPointInTimeMember"/>
    <link:label xlink:type="resource" xlink:label="label_GoodsOrServicesTransferredAtPointInTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_GoodsOrServicesTransferredAtPointInTimeMember" xml:lang="en-US" id="label_GoodsOrServicesTransferredAtPointInTimeMember">Goods and services transferred at a point in time</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodsOrServicesTransferredAtPointInTimeMember" xlink:to="label_GoodsOrServicesTransferredAtPointInTimeMember" xlink:title="label: GoodsOrServicesTransferredAtPointInTimeMember to label_GoodsOrServicesTransferredAtPointInTimeMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:label="AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:title="AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xml:lang="en-US" id="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables">Movement reserve for bad debt</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:to="label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables" xlink:title="label: AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables to label_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeAndOtherReceivables"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:label="OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:title="OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xml:lang="en-US" id="label_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities">Investments in investments held to maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:to="label_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:title="label: OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities to label_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:label="KeyManagementPersonnelCompensationSharebasedPayment" xlink:title="KeyManagementPersonnelCompensationSharebasedPayment"/>
    <link:label xlink:type="resource" xlink:label="label_KeyManagementPersonnelCompensationSharebasedPayment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeyManagementPersonnelCompensationSharebasedPayment" xml:lang="en-US" id="label_KeyManagementPersonnelCompensationSharebasedPayment">Share based payment expense related to key management</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensationSharebasedPayment" xlink:to="label_KeyManagementPersonnelCompensationSharebasedPayment" xlink:title="label: KeyManagementPersonnelCompensationSharebasedPayment to label_KeyManagementPersonnelCompensationSharebasedPayment"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:label="NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:title="NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement">Number of share options forfeited in Shared based payment arrangement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:title="label: NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement to label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xml:lang="en-US" id="label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement_2">Forfeited</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement" xlink:to="label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement_2" xlink:title="label: NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement to label_NumberOfShareOptionsForfeitedInSharebasedPaymentArrangement"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:label="TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:title="TradeAndOtherPayablesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate">Trade payables recognized as of Aquisition date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:title="label: TradeAndOtherPayablesRecognisedAsOfAcquisitionDate to label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_2">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_2" xlink:title="label: TradeAndOtherPayablesRecognisedAsOfAcquisitionDate to label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate"/>
    <link:label xlink:type="resource" xlink:label="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xml:lang="en-US" id="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_3">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_3" xlink:title="label: TradeAndOtherPayablesRecognisedAsOfAcquisitionDate to label_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_RetainedEarningsMember">Reserves [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_2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_RetainedEarningsMember" xml:lang="en-US" id="label_RetainedEarningsMember_2">Consolidated reserves [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_2" xlink:title="label: RetainedEarningsMember to label_RetainedEarningsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="SegmentsMember" xlink:title="SegmentsMember"/>
    <link:label xlink:type="resource" xlink:label="label_SegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentsMember" xml:lang="en-US" id="label_SegmentsMember">Segments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsMember" xlink:to="label_SegmentsMember" xlink:title="label: SegmentsMember to label_SegmentsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfProductsAndServicesLineItems" xlink:label="DisclosureOfProductsAndServicesLineItems" xlink:title="DisclosureOfProductsAndServicesLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfProductsAndServicesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfProductsAndServicesLineItems" xml:lang="en-US" id="label_DisclosureOfProductsAndServicesLineItems">Type of goods or services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfProductsAndServicesLineItems" xlink:to="label_DisclosureOfProductsAndServicesLineItems" xlink:title="label: DisclosureOfProductsAndServicesLineItems to label_DisclosureOfProductsAndServicesLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnitedStatesOfAmericaUSA" xlink:label="newItem" xlink:title="newItem"/>
    <link:label xlink:type="resource" xlink:label="label_newItem" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem" xml:lang="en-US" id="label_newItem">United States of America (USA)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="newItem" xlink:to="label_newItem" xlink:title="label: newItem to label_newItem"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AmericasOtherThanUsa" xlink:label="copyOfnewItem" xlink:title="copyOfnewItem"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfnewItem" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfnewItem" xml:lang="en-US" id="label_copyOfnewItem">Americas other than USA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfnewItem" xlink:to="label_copyOfnewItem" xlink:title="label: copyOfnewItem to label_copyOfnewItem"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EuropeWithoutBelgiumAndAfrica" xlink:label="copyOfnewItem2" xlink:title="copyOfnewItem2"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfnewItem2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfnewItem2" xml:lang="en-US" id="label_copyOfnewItem2">Europe (without Belgium) &amp; Africa</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfnewItem2" xlink:to="label_copyOfnewItem2" xlink:title="label: copyOfnewItem2 to label_copyOfnewItem2"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_Belgium" xlink:label="copyOfnewItem3" xlink:title="copyOfnewItem3"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfnewItem3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfnewItem3" xml:lang="en-US" id="label_copyOfnewItem3">Belgium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfnewItem3" xlink:to="label_copyOfnewItem3" xlink:title="label: copyOfnewItem3 to label_copyOfnewItem3"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AsiaPacific" xlink:label="copyOfnewItem4" xlink:title="copyOfnewItem4"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfnewItem4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfnewItem4" xml:lang="en-US" id="label_copyOfnewItem4">Asia Pacific</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfnewItem4" xlink:to="label_copyOfnewItem4" xlink:title="label: copyOfnewItem4 to label_copyOfnewItem4"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SoftwareRevenueNonMedical" xlink:label="copyOfnewItem5" xlink:title="copyOfnewItem5"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfnewItem5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfnewItem5" xml:lang="en-US" id="label_copyOfnewItem5">Software revenue (non-medical)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfnewItem5" xlink:to="label_copyOfnewItem5" xlink:title="label: copyOfnewItem5 to label_copyOfnewItem5"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SoftwareRevenueMedical" xlink:label="copyOfcopyOfnewItem5" xlink:title="copyOfcopyOfnewItem5"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfnewItem5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfnewItem5" xml:lang="en-US" id="label_copyOfcopyOfnewItem5">Software revenue (medical)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfnewItem5" xlink:to="label_copyOfcopyOfnewItem5" xlink:title="label: copyOfcopyOfnewItem5 to label_copyOfcopyOfnewItem5"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MedicalDevicesAndServices" xlink:label="copyOfcopyOfnewItem52" xlink:title="copyOfcopyOfnewItem52"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfnewItem52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfnewItem52" xml:lang="en-US" id="label_copyOfcopyOfnewItem52">Medical devices and services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfnewItem52" xlink:to="label_copyOfcopyOfnewItem52" xlink:title="label: copyOfcopyOfnewItem52 to label_copyOfcopyOfnewItem52"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_Prototyping" xlink:label="copyOfcopyOfnewItem53" xlink:title="copyOfcopyOfnewItem53"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfnewItem53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfnewItem53" xml:lang="en-US" id="label_copyOfcopyOfnewItem53">Prototyping</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfnewItem53" xlink:to="label_copyOfcopyOfnewItem53" xlink:title="label: copyOfcopyOfnewItem53 to label_copyOfcopyOfnewItem53"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EndPartsProduction" xlink:label="copyOfcopyOfnewItem54" xlink:title="copyOfcopyOfnewItem54"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfnewItem54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfnewItem54" xml:lang="en-US" id="label_copyOfcopyOfnewItem54">End parts production</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfnewItem54" xlink:to="label_copyOfcopyOfnewItem54" xlink:title="label: copyOfcopyOfnewItem54 to label_copyOfcopyOfnewItem54"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ComplexMetalPartsProductionActech" xlink:label="copyOfcopyOfnewItem55" xlink:title="copyOfcopyOfnewItem55"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfnewItem55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfnewItem55" xml:lang="en-US" id="label_copyOfcopyOfnewItem55">Complex metal parts production (ACTech)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfnewItem55" xlink:to="label_copyOfcopyOfnewItem55" xlink:title="label: copyOfcopyOfnewItem55 to label_copyOfcopyOfnewItem55"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_Other" xlink:label="copyOfnewItem6" xlink:title="copyOfnewItem6"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfnewItem6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfnewItem6" xml:lang="en-US" id="label_copyOfnewItem6">Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfnewItem6" xlink:to="label_copyOfnewItem6" xlink:title="label: copyOfnewItem6 to label_copyOfnewItem6"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodsServicesTransferredAtAPointInTime" xlink:label="copyOfcopyOfnewItem6" xlink:title="copyOfcopyOfnewItem6"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfnewItem6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfnewItem6" xml:lang="en-US" id="label_copyOfcopyOfnewItem6">Goods/Services transferred at point in time</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfnewItem6" xlink:to="label_copyOfcopyOfnewItem6" xlink:title="label: copyOfcopyOfnewItem6 to label_copyOfcopyOfnewItem6"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_GoodsServicesTransferredOverTime" xlink:label="copyOfcopyOfnewItem62" xlink:title="copyOfcopyOfnewItem62"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfcopyOfnewItem62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfcopyOfnewItem62" xml:lang="en-US" id="label_copyOfcopyOfnewItem62">Goods/Services transferred over time</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfcopyOfnewItem62" xlink:to="label_copyOfcopyOfnewItem62" xlink:title="label: copyOfcopyOfnewItem62 to label_copyOfcopyOfnewItem62"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConsolidatedRevenueMember" xlink:label="ConsolidatedRevenue" xlink:title="ConsolidatedRevenue"/>
    <link:label xlink:type="resource" xlink:label="label_ConsolidatedRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConsolidatedRevenue" xml:lang="en-US" id="label_ConsolidatedRevenue">Consolidated</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedRevenue" xlink:to="label_ConsolidatedRevenue" xlink:title="label: ConsolidatedRevenue to label_ConsolidatedRevenue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_UnallocatedSegmentRevenueMember" xlink:label="UnallocatedSegmentRevenue" xlink:title="UnallocatedSegmentRevenue"/>
    <link:label xlink:type="resource" xlink:label="label_UnallocatedSegmentRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_UnallocatedSegmentRevenue" xml:lang="en-US" id="label_UnallocatedSegmentRevenue">Unallocated</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnallocatedSegmentRevenue" xlink:to="label_UnallocatedSegmentRevenue" xlink:title="label: UnallocatedSegmentRevenue to label_UnallocatedSegmentRevenue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalSegmentsRevenueMember" xlink:label="TotalSegmentsRevenue" xlink:title="TotalSegmentsRevenue"/>
    <link:label xlink:type="resource" xlink:label="label_TotalSegmentsRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalSegmentsRevenue" xml:lang="en-US" id="label_TotalSegmentsRevenue">TotalSegments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalSegmentsRevenue" xlink:to="label_TotalSegmentsRevenue" xlink:title="label: TotalSegmentsRevenue to label_TotalSegmentsRevenue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_nonListedEquityInvestments" xlink:label="NonlistedEquityInvestments" xlink:title="NonlistedEquityInvestments"/>
    <link:label xlink:type="resource" xlink:label="label_NonlistedEquityInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonlistedEquityInvestments" xml:lang="en-US" id="label_NonlistedEquityInvestments">Non-listed equity investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonlistedEquityInvestments" xlink:to="label_NonlistedEquityInvestments" xlink:title="label: NonlistedEquityInvestments to label_NonlistedEquityInvestments"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS15IncomeStatementImpactAbstract" xlink:label="IFRS15IncomeStatementImpactAbstract" xlink:title="IFRS15IncomeStatementImpactAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS15IncomeStatementImpactAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS15IncomeStatementImpactAbstract" xml:lang="en-US" id="label_IFRS15IncomeStatementImpactAbstract">IFRS 15 Income Statement Impact [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS15IncomeStatementImpactAbstract" xlink:to="label_IFRS15IncomeStatementImpactAbstract" xlink:title="label: IFRS15IncomeStatementImpactAbstract to label_IFRS15IncomeStatementImpactAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS15ConsolidatedIncomeStatementsTable" xlink:label="IFRS15ConsolidatedIncomeStatementsTable" xlink:title="IFRS15ConsolidatedIncomeStatementsTable"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS15ConsolidatedIncomeStatementsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS15ConsolidatedIncomeStatementsTable" xml:lang="en-US" id="label_IFRS15ConsolidatedIncomeStatementsTable">IFRS 15 Consolidated Income Statements (table)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS15ConsolidatedIncomeStatementsTable" xlink:to="label_IFRS15ConsolidatedIncomeStatementsTable" xlink:title="label: IFRS15ConsolidatedIncomeStatementsTable to label_IFRS15ConsolidatedIncomeStatementsTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfIFRS15Axis" xlink:label="DisclosureOfIFRS15Axis" xlink:title="DisclosureOfIFRS15Axis"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfIFRS15Axis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfIFRS15Axis" xml:lang="en-US" id="label_DisclosureOfIFRS15Axis">Disclosure of IFRS 15 (axis)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIFRS15Axis" xlink:to="label_DisclosureOfIFRS15Axis" xlink:title="label: DisclosureOfIFRS15Axis to label_DisclosureOfIFRS15Axis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CatchUpAdjustmentsIFRS15Member" xlink:label="AdjustmentsIFRS15Member" xlink:title="AdjustmentsIFRS15Member"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsIFRS15Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsIFRS15Member" xml:lang="en-US" id="label_AdjustmentsIFRS15Member">CatchUpAdjustments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsIFRS15Member" xlink:to="label_AdjustmentsIFRS15Member" xlink:title="label: AdjustmentsIFRS15Member to label_AdjustmentsIFRS15Member"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AmountsWithoutAdoptionOfIFRS15Member" xlink:label="AmountsWithoutAdoptionOfIFRS15Member" xlink:title="AmountsWithoutAdoptionOfIFRS15Member"/>
    <link:label xlink:type="resource" xlink:label="label_AmountsWithoutAdoptionOfIFRS15Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmountsWithoutAdoptionOfIFRS15Member" xml:lang="en-US" id="label_AmountsWithoutAdoptionOfIFRS15Member">Amounts without adoption of IFRS 15 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsWithoutAdoptionOfIFRS15Member" xlink:to="label_AmountsWithoutAdoptionOfIFRS15Member" xlink:title="label: AmountsWithoutAdoptionOfIFRS15Member to label_AmountsWithoutAdoptionOfIFRS15Member"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS15BalanceSheetImpactAbstract" xlink:label="IFRS15BalanceSheetImpactAbstract" xlink:title="IFRS15BalanceSheetImpactAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS15BalanceSheetImpactAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS15BalanceSheetImpactAbstract" xml:lang="en-US" id="label_IFRS15BalanceSheetImpactAbstract">IFRS 15 Balance sheet Impact [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS15BalanceSheetImpactAbstract" xlink:to="label_IFRS15BalanceSheetImpactAbstract" xlink:title="label: IFRS15BalanceSheetImpactAbstract to label_IFRS15BalanceSheetImpactAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS15BalanceSheetTable" xlink:label="IFRS15BalanceSheetTable" xlink:title="IFRS15BalanceSheetTable"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS15BalanceSheetTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS15BalanceSheetTable" xml:lang="en-US" id="label_IFRS15BalanceSheetTable">IFRS 15 Balance Sheet (table)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS15BalanceSheetTable" xlink:to="label_IFRS15BalanceSheetTable" xlink:title="label: IFRS15BalanceSheetTable to label_IFRS15BalanceSheetTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SubsequentIFRS15AdjustmentMember" xlink:label="SubsequentIFRS15Adjustment" xlink:title="SubsequentIFRS15Adjustment"/>
    <link:label xlink:type="resource" xlink:label="label_SubsequentIFRS15Adjustment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SubsequentIFRS15Adjustment" xml:lang="en-US" id="label_SubsequentIFRS15Adjustment">IFRS15 Adjustment After Initial Application [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentIFRS15Adjustment" xlink:to="label_SubsequentIFRS15Adjustment" xlink:title="label: SubsequentIFRS15Adjustment to label_SubsequentIFRS15Adjustment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SegmentsNarrativeAxis" xlink:label="SegmentsNarrativeAxis" xlink:title="SegmentsNarrativeAxis"/>
    <link:label xlink:type="resource" xlink:label="label_SegmentsNarrativeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentsNarrativeAxis" xml:lang="en-US" id="label_SegmentsNarrativeAxis">Segments Narrative [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsNarrativeAxis" xlink:to="label_SegmentsNarrativeAxis" xlink:title="label: SegmentsNarrativeAxis to label_SegmentsNarrativeAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ActechRestatementBalanceSheetTable" xlink:label="ActechRestatementBalanceSheet" xlink:title="ActechRestatementBalanceSheet"/>
    <link:label xlink:type="resource" xlink:label="label_ActechRestatementBalanceSheet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActechRestatementBalanceSheet" xml:lang="en-US" id="label_ActechRestatementBalanceSheet">Actech restatement balance sheet (table)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActechRestatementBalanceSheet" xlink:to="label_ActechRestatementBalanceSheet" xlink:title="label: ActechRestatementBalanceSheet to label_ActechRestatementBalanceSheet"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RestatementActechBSAxis" xlink:label="RestatementActechBSAxis" xlink:title="RestatementActechBSAxis"/>
    <link:label xlink:type="resource" xlink:label="label_RestatementActechBSAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestatementActechBSAxis" xml:lang="en-US" id="label_RestatementActechBSAxis">Restatement Actech [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatementActechBSAxis" xlink:to="label_RestatementActechBSAxis" xlink:title="label: RestatementActechBSAxis to label_RestatementActechBSAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ActechAsPreviouslyReportedMember" xlink:label="ActechAsPreviouslyReportedMember" xlink:title="ActechAsPreviouslyReportedMember"/>
    <link:label xlink:type="resource" xlink:label="label_ActechAsPreviouslyReportedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActechAsPreviouslyReportedMember" xml:lang="en-US" id="label_ActechAsPreviouslyReportedMember">As previously reported [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActechAsPreviouslyReportedMember" xlink:to="label_ActechAsPreviouslyReportedMember" xlink:title="label: ActechAsPreviouslyReportedMember to label_ActechAsPreviouslyReportedMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ActechIFRS3BusinessCombinationMember" xlink:label="ActechIFRS3BusinessCombinationMember" xlink:title="ActechIFRS3BusinessCombinationMember"/>
    <link:label xlink:type="resource" xlink:label="label_ActechIFRS3BusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActechIFRS3BusinessCombinationMember" xml:lang="en-US" id="label_ActechIFRS3BusinessCombinationMember">IFRS 3 Actech Business Combination [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActechIFRS3BusinessCombinationMember" xlink:to="label_ActechIFRS3BusinessCombinationMember" xlink:title="label: ActechIFRS3BusinessCombinationMember to label_ActechIFRS3BusinessCombinationMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ActechChangeInAccountingPolicyMember" xlink:label="ActechChangeInAccountingPolicyMember" xlink:title="ActechChangeInAccountingPolicyMember"/>
    <link:label xlink:type="resource" xlink:label="label_ActechChangeInAccountingPolicyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActechChangeInAccountingPolicyMember" xml:lang="en-US" id="label_ActechChangeInAccountingPolicyMember">Change in accounting policy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActechChangeInAccountingPolicyMember" xlink:to="label_ActechChangeInAccountingPolicyMember" xlink:title="label: ActechChangeInAccountingPolicyMember to label_ActechChangeInAccountingPolicyMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ActechAsRestatedMember" xlink:label="ActechAsRestatedMember" xlink:title="ActechAsRestatedMember"/>
    <link:label xlink:type="resource" xlink:label="label_ActechAsRestatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActechAsRestatedMember" xml:lang="en-US" id="label_ActechAsRestatedMember">As restated [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActechAsRestatedMember" xlink:to="label_ActechAsRestatedMember" xlink:title="label: ActechAsRestatedMember to label_ActechAsRestatedMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ActechBalanceSheetRestatementImpactAbstract" xlink:label="ActechBalanceSheetRestatementImpactAbstract" xlink:title="ActechBalanceSheetRestatementImpactAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ActechBalanceSheetRestatementImpactAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActechBalanceSheetRestatementImpactAbstract" xml:lang="en-US" id="label_ActechBalanceSheetRestatementImpactAbstract">Impact statement of financial position [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActechBalanceSheetRestatementImpactAbstract" xlink:to="label_ActechBalanceSheetRestatementImpactAbstract" xlink:title="label: ActechBalanceSheetRestatementImpactAbstract to label_ActechBalanceSheetRestatementImpactAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RestatementActechIncomeStatementAxis" xlink:label="RestatementActechIncomeStatementAxis" xlink:title="RestatementActechIncomeStatementAxis"/>
    <link:label xlink:type="resource" xlink:label="label_RestatementActechIncomeStatementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestatementActechIncomeStatementAxis" xml:lang="en-US" id="label_RestatementActechIncomeStatementAxis">Restatement Actech Income Statement [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatementActechIncomeStatementAxis" xlink:to="label_RestatementActechIncomeStatementAxis" xlink:title="label: RestatementActechIncomeStatementAxis to label_RestatementActechIncomeStatementAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ActechIncomeStatementRestatementImpactAbstract" xlink:label="ActechIncomeStatementRestatementImpactAbstract" xlink:title="ActechIncomeStatementRestatementImpactAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ActechIncomeStatementRestatementImpactAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActechIncomeStatementRestatementImpactAbstract" xml:lang="en-US" id="label_ActechIncomeStatementRestatementImpactAbstract">Actech Restatement Income Statement [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActechIncomeStatementRestatementImpactAbstract" xlink:to="label_ActechIncomeStatementRestatementImpactAbstract" xlink:title="label: ActechIncomeStatementRestatementImpactAbstract to label_ActechIncomeStatementRestatementImpactAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ActechRestatementIncomeStatementTable" xlink:label="ActechRestatementIncomeStatement" xlink:title="ActechRestatementIncomeStatement"/>
    <link:label xlink:type="resource" xlink:label="label_ActechRestatementIncomeStatement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ActechRestatementIncomeStatement" xml:lang="en-US" id="label_ActechRestatementIncomeStatement">Actech Restatement Income Statement (table)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActechRestatementIncomeStatement" xlink:to="label_ActechRestatementIncomeStatement" xlink:title="label: ActechRestatementIncomeStatement to label_ActechRestatementIncomeStatement"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContractAssetsAbstract" xlink:label="ContractAssetsAbstract" xlink:title="ContractAssetsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ContractAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractAssetsAbstract" xml:lang="en-US" id="label_ContractAssetsAbstract">Contract balances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractAssetsAbstract" xlink:to="label_ContractAssetsAbstract" xlink:title="label: ContractAssetsAbstract to label_ContractAssetsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContractBalancesTable" xlink:label="ContractBalancesTable" xlink:title="ContractBalancesTable"/>
    <link:label xlink:type="resource" xlink:label="label_ContractBalancesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractBalancesTable" xml:lang="en-US" id="label_ContractBalancesTable">Contract Balances [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractBalancesTable" xlink:to="label_ContractBalancesTable" xlink:title="label: ContractBalancesTable to label_ContractBalancesTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ContractBalancesLineItemsAbstract" xlink:label="ContractBalancesLineItemsAbstract" xlink:title="ContractBalancesLineItemsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_ContractBalancesLineItemsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractBalancesLineItemsAbstract" xml:lang="en-US" id="label_ContractBalancesLineItemsAbstract">Contract Balances [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractBalancesLineItemsAbstract" xlink:to="label_ContractBalancesLineItemsAbstract" xlink:title="label: ContractBalancesLineItemsAbstract to label_ContractBalancesLineItemsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContractAssetsMember" xlink:label="ContractAssetsMember" xlink:title="ContractAssetsMember"/>
    <link:label xlink:type="resource" xlink:label="label_ContractAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractAssetsMember" xml:lang="en-US" id="label_ContractAssetsMember">Contract assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractAssetsMember" xlink:to="label_ContractAssetsMember" xlink:title="label: ContractAssetsMember to label_ContractAssetsMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContractAssets" xlink:label="ContractAssets" xlink:title="ContractAssets"/>
    <link:label xlink:type="resource" xlink:label="label_ContractAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractAssets" xml:lang="en-US" id="label_ContractAssets">Contract assets / Contracts in progress</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractAssets" xlink:to="label_ContractAssets" xlink:title="label: ContractAssets to label_ContractAssets"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContractLiabilities" xlink:label="ContractLiabilities" xlink:title="ContractLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_ContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ContractLiabilities" xml:lang="en-US" id="label_ContractLiabilities">Contract liabilities / Deferred income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractLiabilities" xlink:to="label_ContractLiabilities" xlink:title="label: ContractLiabilities to label_ContractLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReceivablesFromContractsWithCustomers" xlink:label="ReceivablesFromContractsWithCustomers" xlink:title="ReceivablesFromContractsWithCustomers"/>
    <link:label xlink:type="resource" xlink:label="label_ReceivablesFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReceivablesFromContractsWithCustomers" xml:lang="en-US" id="label_ReceivablesFromContractsWithCustomers">Trade receivables, included in 'trade and other receivables'</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromContractsWithCustomers" xlink:to="label_ReceivablesFromContractsWithCustomers" xlink:title="label: ReceivablesFromContractsWithCustomers to label_ReceivablesFromContractsWithCustomers"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueAbstract" xlink:label="RevenueAbstract" xlink:title="RevenueAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueAbstract" xml:lang="en-US" id="label_RevenueAbstract">Contract balances narrative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueAbstract" xlink:to="label_RevenueAbstract" xlink:title="label: RevenueAbstract to label_RevenueAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods" xlink:label="RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods" xlink:title="RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods" xml:lang="en-US" id="label_RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods">Revenue from performance obligations satisfied in previous periods</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods" xlink:to="label_RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods" xlink:title="label: RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods to label_RevenueFromPerformanceObligationsSatisfiedOrPartiallySatisfiedInPreviousPeriods"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" xlink:label="RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" xlink:title="RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod"/>
    <link:label xlink:type="resource" xlink:label="label_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" xml:lang="en-US" id="label_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod">Revenue that was included in contract liability at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" xlink:to="label_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod" xlink:title="label: RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod to label_RevenueThatWasIncludedInContractLiabilityBalanceAtBeginningOfPeriod"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NewStandardsNotYetAdoptedIFRS16Abstract" xlink:label="NewStandardsNotYetAdoptedIFRS16Abstract" xlink:title="NewStandardsNotYetAdoptedIFRS16Abstract"/>
    <link:label xlink:type="resource" xlink:label="label_NewStandardsNotYetAdoptedIFRS16Abstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NewStandardsNotYetAdoptedIFRS16Abstract" xml:lang="en-US" id="label_NewStandardsNotYetAdoptedIFRS16Abstract">New standards not yet adopted IFRS 16 [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewStandardsNotYetAdoptedIFRS16Abstract" xlink:to="label_NewStandardsNotYetAdoptedIFRS16Abstract" xlink:title="label: NewStandardsNotYetAdoptedIFRS16Abstract to label_NewStandardsNotYetAdoptedIFRS16Abstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS16TransitionBuilding" xlink:label="IFRS16TransitionBuilding" xlink:title="IFRS16TransitionBuilding"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS16TransitionBuilding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS16TransitionBuilding" xml:lang="en-US" id="label_IFRS16TransitionBuilding">IFRS 16 additional lease liabilities at date of transition-building</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS16TransitionBuilding" xlink:to="label_IFRS16TransitionBuilding" xlink:title="label: IFRS16TransitionBuilding to label_IFRS16TransitionBuilding"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS16TransitionVehicles" xlink:label="IFRS16TransitionVehicles" xlink:title="IFRS16TransitionVehicles"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS16TransitionVehicles" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS16TransitionVehicles" xml:lang="en-US" id="label_IFRS16TransitionVehicles">IFRS 16 additional lease liabilities at date of transition-Vehicles</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS16TransitionVehicles" xlink:to="label_IFRS16TransitionVehicles" xlink:title="label: IFRS16TransitionVehicles to label_IFRS16TransitionVehicles"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS16TransitionOther" xlink:label="IFRS16TransitionOther" xlink:title="IFRS16TransitionOther"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS16TransitionOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS16TransitionOther" xml:lang="en-US" id="label_IFRS16TransitionOther">IFRS 16 additional lease liabilities at date of transition-Other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS16TransitionOther" xlink:to="label_IFRS16TransitionOther" xlink:title="label: IFRS16TransitionOther to label_IFRS16TransitionOther"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS16TransitionTotal" xlink:label="IFRS16TransitionTotal" xlink:title="IFRS16TransitionTotal"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS16TransitionTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS16TransitionTotal" xml:lang="en-US" id="label_IFRS16TransitionTotal">IFRS 16 additional lease liabilities at date of transition-Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS16TransitionTotal" xlink:to="label_IFRS16TransitionTotal" xlink:title="label: IFRS16TransitionTotal to label_IFRS16TransitionTotal"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IFRS16DepreciatonImpact" xlink:label="IFRS16DepreciatonImpact" xlink:title="IFRS16DepreciatonImpact"/>
    <link:label xlink:type="resource" xlink:label="label_IFRS16DepreciatonImpact" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IFRS16DepreciatonImpact" xml:lang="en-US" id="label_IFRS16DepreciatonImpact">IFRS 16 Depreciation Impact</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS16DepreciatonImpact" xlink:to="label_IFRS16DepreciatonImpact" xlink:title="label: IFRS16DepreciatonImpact to label_IFRS16DepreciatonImpact"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurTenThousandEIBBankLoan" xlink:label="KeurTenThousandEIBBankLoan" xlink:title="KeurTenThousandEIBBankLoan"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTenThousandEIBBankLoan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurTenThousandEIBBankLoan" xml:lang="en-US" id="label_KeurTenThousandEIBBankLoan">K EUR 10,000 EIB bank loan</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTenThousandEIBBankLoan" xlink:to="label_KeurTenThousandEIBBankLoan" xlink:title="label: KeurTenThousandEIBBankLoan to label_KeurTenThousandEIBBankLoan"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurTenthousandEIBBankLoanNotional" xlink:label="KeurTenthousandEIBBankLoanNotional" xlink:title="KeurTenthousandEIBBankLoanNotional"/>
    <link:label xlink:type="resource" xlink:label="label_KeurTenthousandEIBBankLoanNotional" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurTenthousandEIBBankLoanNotional" xml:lang="en-US" id="label_KeurTenthousandEIBBankLoanNotional">EIB bank loan K EUR 10,000</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurTenthousandEIBBankLoanNotional" xlink:to="label_KeurTenthousandEIBBankLoanNotional" xlink:title="label: KeurTenthousandEIBBankLoanNotional to label_KeurTenthousandEIBBankLoanNotional"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FirstTranchLoanEIB" xlink:label="FirstTranchLoanEIB" xlink:title="FirstTranchLoanEIB"/>
    <link:label xlink:type="resource" xlink:label="label_FirstTranchLoanEIB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FirstTranchLoanEIB" xml:lang="en-US" id="label_FirstTranchLoanEIB">First tranche</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FirstTranchLoanEIB" xlink:to="label_FirstTranchLoanEIB" xlink:title="label: FirstTranchLoanEIB to label_FirstTranchLoanEIB"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MarginPercentageLoanEIB" xlink:label="MarginPercentageLoanEIB" xlink:title="MarginPercentageLoanEIB"/>
    <link:label xlink:type="resource" xlink:label="label_MarginPercentageLoanEIB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MarginPercentageLoanEIB" xml:lang="en-US" id="label_MarginPercentageLoanEIB">Margin intrest percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginPercentageLoanEIB" xlink:to="label_MarginPercentageLoanEIB" xlink:title="label: MarginPercentageLoanEIB to label_MarginPercentageLoanEIB"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland" xlink:label="KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland_2" xlink:title="KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland" xml:lang="en-US" id="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland_3">K EUR 18,000 secured bank loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland_2" xlink:to="label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland_3" xlink:title="label: KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland to label_KeurEightteenthousandSecuredBankLoanConstructionBelgiumPoland"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance" xlink:label="KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance" xlink:title="KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance"/>
    <link:label xlink:type="resource" xlink:label="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance" xml:lang="en-US" id="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance">Balance of the loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance" xlink:to="label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance" xlink:title="label: KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance to label_KeurEightthousandsevenhundredfiftyOtherFacilityLoanBalance"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_SegmentReconciliationAxis" xlink:label="SegmentReconciliationAxis" xlink:title="SegmentReconciliationAxis"/>
    <link:label xlink:type="resource" xlink:label="label_SegmentReconciliationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SegmentReconciliationAxis" xml:lang="en-US" id="label_SegmentReconciliationAxis">Segments reconciliation [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentReconciliationAxis" xlink:to="label_SegmentReconciliationAxis" xlink:title="label: SegmentReconciliationAxis to label_SegmentReconciliationAxis"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:label="IntangibleAssetsUnderDevelopmentMember" xlink:title="IntangibleAssetsUnderDevelopmentMember"/>
    <link:label xlink:type="resource" xlink:label="label_IntangibleAssetsUnderDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IntangibleAssetsUnderDevelopmentMember" xml:lang="en-US" id="label_IntangibleAssetsUnderDevelopmentMember">Developed technology and software under construction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsUnderDevelopmentMember" xlink:to="label_IntangibleAssetsUnderDevelopmentMember" xlink:title="label: IntangibleAssetsUnderDevelopmentMember to label_IntangibleAssetsUnderDevelopmentMember"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.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-US" id="label_OtherComprehensiveIncomeAbstract">Other comprehensive income (loss)</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:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="LiabilitiesAbstract" xlink:title="LiabilitiesAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_LiabilitiesAbstract" xml:lang="en-US" id="label_LiabilitiesAbstract">Liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAbstract" xlink:to="label_LiabilitiesAbstract" xlink:title="label: LiabilitiesAbstract to label_LiabilitiesAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:title="PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod"/>
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xml:lang="en-US" id="label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod">Other equity investments in non-listed entities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:title="label: PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod to label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod"/>
    <link:label xlink:type="resource" xlink:label="label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xml:lang="en-US" id="label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_2">Other equity investments in non-listed entities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_2" xlink:title="label: PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod to label_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_NonCashAndOperationalAdjustmentsAbstract" xlink:label="NonCashAndOperationalAdjustmentsAbstract" xlink:title="NonCashAndOperationalAdjustmentsAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_NonCashAndOperationalAdjustmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NonCashAndOperationalAdjustmentsAbstract" xml:lang="en-US" id="label_NonCashAndOperationalAdjustmentsAbstract">Non-cash and operational adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonCashAndOperationalAdjustmentsAbstract" xlink:to="label_NonCashAndOperationalAdjustmentsAbstract" xlink:title="label: NonCashAndOperationalAdjustmentsAbstract to label_NonCashAndOperationalAdjustmentsAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract" xlink:label="WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract" xlink:title="WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract" xml:lang="en-US" id="label_WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract">Working capital adjustment and income tax paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract" xlink:to="label_WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract" xlink:title="label: WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract to label_WorkingCapitalAdjustmentAndIncomeTaxPaidAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TransferFromReceivablesSubsidiariesJointVenturesAndAssociates" xlink:label="TransferFromReceivablesSubsidiariesJointVenturesAndAssociates" xlink:title="TransferFromReceivablesSubsidiariesJointVenturesAndAssociates"/>
    <link:label xlink:type="resource" xlink:label="label_TransferFromReceivablesSubsidiariesJointVenturesAndAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TransferFromReceivablesSubsidiariesJointVenturesAndAssociates" xml:lang="en-US" id="label_TransferFromReceivablesSubsidiariesJointVenturesAndAssociates">Transfer from receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferFromReceivablesSubsidiariesJointVenturesAndAssociates" xlink:to="label_TransferFromReceivablesSubsidiariesJointVenturesAndAssociates" xlink:title="label: TransferFromReceivablesSubsidiariesJointVenturesAndAssociates to label_TransferFromReceivablesSubsidiariesJointVenturesAndAssociates"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AcquisitionPriceInCashIncludingEscrow" xlink:label="AcquisitionPriceInCashIncludingEscrow" xlink:title="AcquisitionPriceInCashIncludingEscrow"/>
    <link:label xlink:type="resource" xlink:label="label_AcquisitionPriceInCashIncludingEscrow" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AcquisitionPriceInCashIncludingEscrow" xml:lang="en-US" id="label_AcquisitionPriceInCashIncludingEscrow">Acquisition price in cash including escrow</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionPriceInCashIncludingEscrow" xlink:to="label_AcquisitionPriceInCashIncludingEscrow" xlink:title="label: AcquisitionPriceInCashIncludingEscrow to label_AcquisitionPriceInCashIncludingEscrow"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncreaseDecreaseOfAdoptingIfrs15" xlink:label="IncreaseDecreaseOfAdoptingIfrs15" xlink:title="IncreaseDecreaseOfAdoptingIfrs15"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseOfAdoptingIfrs15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseOfAdoptingIfrs15" xml:lang="en-US" id="label_IncreaseDecreaseOfAdoptingIfrs15">IFRS 15 - impact on operning reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseOfAdoptingIfrs15" xlink:to="label_IncreaseDecreaseOfAdoptingIfrs15" xlink:title="label: IncreaseDecreaseOfAdoptingIfrs15 to label_IncreaseDecreaseOfAdoptingIfrs15"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ShareholdersEquityAdjustedBalance" xlink:label="ShareholdersEquityAdjustedBalance" xlink:title="ShareholdersEquityAdjustedBalance"/>
    <link:label xlink:type="resource" xlink:label="label_ShareholdersEquityAdjustedBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ShareholdersEquityAdjustedBalance" xml:lang="en-US" id="label_ShareholdersEquityAdjustedBalance">Adjusted equity At January 1, 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareholdersEquityAdjustedBalance" xlink:to="label_ShareholdersEquityAdjustedBalance" xlink:title="label: ShareholdersEquityAdjustedBalance to label_ShareholdersEquityAdjustedBalance"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_BalanceSheetImpactAbstract" xlink:label="BalanceSheetImpactAbstract" xlink:title="BalanceSheetImpactAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_BalanceSheetImpactAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_BalanceSheetImpactAbstract" xml:lang="en-US" id="label_BalanceSheetImpactAbstract">IFRS 15 balance sheet impact [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalanceSheetImpactAbstract" xlink:to="label_BalanceSheetImpactAbstract" xlink:title="label: BalanceSheetImpactAbstract to label_BalanceSheetImpactAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsBalanceSheetTextBlock" xlink:label="IfrsBalanceSheetTextBlock" xlink:title="IfrsBalanceSheetTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsBalanceSheetTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsBalanceSheetTextBlock" xml:lang="en-US" id="label_IfrsBalanceSheetTextBlock">IFRS 15 balance sheet impact [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsBalanceSheetTextBlock" xlink:to="label_IfrsBalanceSheetTextBlock" xlink:title="label: IfrsBalanceSheetTextBlock to label_IfrsBalanceSheetTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IncomeStatementImpactAbstract" xlink:label="IncomeStatementImpactAbstract" xlink:title="IncomeStatementImpactAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeStatementImpactAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncomeStatementImpactAbstract" xml:lang="en-US" id="label_IncomeStatementImpactAbstract">IFRS 15 income statement impact [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementImpactAbstract" xlink:to="label_IncomeStatementImpactAbstract" xlink:title="label: IncomeStatementImpactAbstract to label_IncomeStatementImpactAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_IfrsIncomeStatementTextBlock" xlink:label="IfrsIncomeStatementTextBlock" xlink:title="IfrsIncomeStatementTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_IfrsIncomeStatementTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IfrsIncomeStatementTextBlock" xml:lang="en-US" id="label_IfrsIncomeStatementTextBlock">IFRS 15 income statement impact [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IfrsIncomeStatementTextBlock" xlink:to="label_IfrsIncomeStatementTextBlock" xlink:title="label: IfrsIncomeStatementTextBlock to label_IfrsIncomeStatementTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RestatementActechBalanceSheetAbstract" xlink:label="RestatementActechBalanceSheetAbstract" xlink:title="RestatementActechBalanceSheetAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_RestatementActechBalanceSheetAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestatementActechBalanceSheetAbstract" xml:lang="en-US" id="label_RestatementActechBalanceSheetAbstract">Restatement Actech balance sheet [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatementActechBalanceSheetAbstract" xlink:to="label_RestatementActechBalanceSheetAbstract" xlink:title="label: RestatementActechBalanceSheetAbstract to label_RestatementActechBalanceSheetAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RestatementActechBalanceSheetTextBlock" xlink:label="RestatementActechBalanceSheetTextBlock" xlink:title="RestatementActechBalanceSheetTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_RestatementActechBalanceSheetTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestatementActechBalanceSheetTextBlock" xml:lang="en-US" id="label_RestatementActechBalanceSheetTextBlock">Restatement Actech balance sheet [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatementActechBalanceSheetTextBlock" xlink:to="label_RestatementActechBalanceSheetTextBlock" xlink:title="label: RestatementActechBalanceSheetTextBlock to label_RestatementActechBalanceSheetTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RestatementActechIncomeStatementAbstract" xlink:label="RestatementActechIncomeStatementAbstract" xlink:title="RestatementActechIncomeStatementAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_RestatementActechIncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestatementActechIncomeStatementAbstract" xml:lang="en-US" id="label_RestatementActechIncomeStatementAbstract">Restatement Actech income statement [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatementActechIncomeStatementAbstract" xlink:to="label_RestatementActechIncomeStatementAbstract" xlink:title="label: RestatementActechIncomeStatementAbstract to label_RestatementActechIncomeStatementAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_RestatementActechIncomeStatementTextBlock" xlink:label="RestatementActechIncomeStatementTextBlock" xlink:title="RestatementActechIncomeStatementTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_RestatementActechIncomeStatementTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RestatementActechIncomeStatementTextBlock" xml:lang="en-US" id="label_RestatementActechIncomeStatementTextBlock">Restatement Actech income statement [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatementActechIncomeStatementTextBlock" xlink:to="label_RestatementActechIncomeStatementTextBlock" xlink:title="label: RestatementActechIncomeStatementTextBlock to label_RestatementActechIncomeStatementTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_JointVenturesDetailMovementAxis" xlink:label="JointVenturesDetailMovementAxis" xlink:title="JointVenturesDetailMovementAxis"/>
    <link:label xlink:type="resource" xlink:label="label_JointVenturesDetailMovementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_JointVenturesDetailMovementAxis" xml:lang="en-US" id="label_JointVenturesDetailMovementAxis">Detail Movement [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JointVenturesDetailMovementAxis" xlink:to="label_JointVenturesDetailMovementAxis" xlink:title="label: JointVenturesDetailMovementAxis to label_JointVenturesDetailMovementAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_JointVenturesDetailMovementMember" xlink:label="JointVenturesDetailMovementMember" xlink:title="JointVenturesDetailMovementMember"/>
    <link:label xlink:type="resource" xlink:label="label_JointVenturesDetailMovementMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_JointVenturesDetailMovementMember" xml:lang="en-US" id="label_JointVenturesDetailMovementMember">Detail movement [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JointVenturesDetailMovementMember" xlink:to="label_JointVenturesDetailMovementMember" xlink:title="label: JointVenturesDetailMovementMember to label_JointVenturesDetailMovementMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock" xlink:label="DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock" xlink:title="DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock" xml:lang="en-US" id="label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock">Description of judgements, and changes in judgements, that significantly impact the provision for expected credit losses of trade receivables and contract assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock" xlink:to="label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock" xlink:title="label: DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock to label_DescriptionOfJudgementsAndChangesInJudgementsThatSignificantlyImpactTheProvisionForExpectedCreditLossesOfTradeReceiveblesAndContractAssetsTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalContractBalances" xlink:label="TotalContractBalances" xlink:title="TotalContractBalances"/>
    <link:label xlink:type="resource" xlink:label="label_TotalContractBalances" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalContractBalances" xml:lang="en-US" id="label_TotalContractBalances">Total contract balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalContractBalances" xlink:to="label_TotalContractBalances" xlink:title="label: TotalContractBalances to label_TotalContractBalances"/>
    <link:label xlink:type="resource" xlink:label="label_TotalContractBalances_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_TotalContractBalances" xml:lang="en-US" id="label_TotalContractBalances_2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalContractBalances" xlink:to="label_TotalContractBalances_2" xlink:title="label: TotalContractBalances to label_TotalContractBalances"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_copyOfrevenueByCategoryTablesTextBlock" xlink:label="copyOfrevenueByCategoryTablesTextBlock" xlink:title="copyOfrevenueByCategoryTablesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfrevenueByCategoryTablesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfrevenueByCategoryTablesTextBlock" xml:lang="en-US" id="label_copyOfrevenueByCategoryTablesTextBlock">Disclosure of contract balances [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfrevenueByCategoryTablesTextBlock" xlink:to="label_copyOfrevenueByCategoryTablesTextBlock" xlink:title="label: copyOfrevenueByCategoryTablesTextBlock to label_copyOfrevenueByCategoryTablesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:label="DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:title="DisclosureOfRevenueFromContractsWithCustomersExplanatory"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xml:lang="en-US" id="label_DisclosureOfRevenueFromContractsWithCustomersExplanatory">Disclosure of revenue from contracts with customers [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:to="label_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:title="label: DisclosureOfRevenueFromContractsWithCustomersExplanatory to label_DisclosureOfRevenueFromContractsWithCustomersExplanatory"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AdvancesReceivedContractsInProgress" xlink:label="AdvancesReceivedContractsInProgress" xlink:title="AdvancesReceivedContractsInProgress"/>
    <link:label xlink:type="resource" xlink:label="label_AdvancesReceivedContractsInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdvancesReceivedContractsInProgress" xml:lang="en-US" id="label_AdvancesReceivedContractsInProgress">Advances received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvancesReceivedContractsInProgress" xlink:to="label_AdvancesReceivedContractsInProgress" xlink:title="label: AdvancesReceivedContractsInProgress to label_AdvancesReceivedContractsInProgress"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:label="AdjustmentsForFairValueGainsLosses" xlink:title="AdjustmentsForFairValueGainsLosses"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForFairValueGainsLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForFairValueGainsLosses" xml:lang="en-US" id="label_AdjustmentsForFairValueGainsLosses">Fair value adjustment contingent consideration</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForFairValueGainsLosses" xlink:to="label_AdjustmentsForFairValueGainsLosses" xlink:title="label: AdjustmentsForFairValueGainsLosses to label_AdjustmentsForFairValueGainsLosses"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:label="AdjustmentsForIncomeTaxExpense" xlink:title="AdjustmentsForIncomeTaxExpense"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncomeTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForIncomeTaxExpense" xml:lang="en-US" id="label_AdjustmentsForIncomeTaxExpense">Income taxes and deferred taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncomeTaxExpense" xlink:to="label_AdjustmentsForIncomeTaxExpense" xlink:title="label: AdjustmentsForIncomeTaxExpense to label_AdjustmentsForIncomeTaxExpense"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NumberOfSharesIssued" xlink:label="NumberOfSharesIssued" xlink:title="NumberOfSharesIssued"/>
    <link:label xlink:type="resource" xlink:label="label_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NumberOfSharesIssued" xml:lang="en-US" id="label_NumberOfSharesIssued">Number of shares issued - exercised warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesIssued" xlink:to="label_NumberOfSharesIssued" xlink:title="label: NumberOfSharesIssued to label_NumberOfSharesIssued"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousCurrentAssetsAxis" xlink:label="MiscellaneousCurrentAssetsAxis" xlink:title="MiscellaneousCurrentAssetsAxis"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousCurrentAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousCurrentAssetsAxis" xml:lang="en-US" id="label_MiscellaneousCurrentAssetsAxis">Miscellaneous current assets narrative [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousCurrentAssetsAxis" xlink:to="label_MiscellaneousCurrentAssetsAxis" xlink:title="label: MiscellaneousCurrentAssetsAxis to label_MiscellaneousCurrentAssetsAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousCurrentAssetsMember" xlink:label="MiscellaneousCurrentAssetsMember" xlink:title="MiscellaneousCurrentAssetsMember"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousCurrentAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousCurrentAssetsMember" xml:lang="en-US" id="label_MiscellaneousCurrentAssetsMember">Miscellaneous current assets narrative [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousCurrentAssetsMember" xlink:to="label_MiscellaneousCurrentAssetsMember" xlink:title="label: MiscellaneousCurrentAssetsMember to label_MiscellaneousCurrentAssetsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_averagePricePerShareCapitalIncreaseViaExerciseOfWarrants" xlink:label="averagePricePerShareCapitalIncreaseViaExerciseOfWarrants" xlink:title="averagePricePerShareCapitalIncreaseViaExerciseOfWarrants"/>
    <link:label xlink:type="resource" xlink:label="label_averagePricePerShareCapitalIncreaseViaExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_averagePricePerShareCapitalIncreaseViaExerciseOfWarrants" xml:lang="en-US" id="label_averagePricePerShareCapitalIncreaseViaExerciseOfWarrants">Average price per share, capital increase via exerciese of warrants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="averagePricePerShareCapitalIncreaseViaExerciseOfWarrants" xlink:to="label_averagePricePerShareCapitalIncreaseViaExerciseOfWarrants" xlink:title="label: averagePricePerShareCapitalIncreaseViaExerciseOfWarrants to label_averagePricePerShareCapitalIncreaseViaExerciseOfWarrants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_averagePricePerShareCapitalIncreaseInCashPublicOffering" xlink:label="averagePricePerShareCapitalIncreaseInCashPublicOffering" xlink:title="averagePricePerShareCapitalIncreaseInCashPublicOffering"/>
    <link:label xlink:type="resource" xlink:label="label_averagePricePerShareCapitalIncreaseInCashPublicOffering" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_averagePricePerShareCapitalIncreaseInCashPublicOffering" xml:lang="en-US" id="label_averagePricePerShareCapitalIncreaseInCashPublicOffering">Average price per share, capital increase in cash - public offering</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="averagePricePerShareCapitalIncreaseInCashPublicOffering" xlink:to="label_averagePricePerShareCapitalIncreaseInCashPublicOffering" xlink:title="label: averagePricePerShareCapitalIncreaseInCashPublicOffering to label_averagePricePerShareCapitalIncreaseInCashPublicOffering"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_newInvestmentCreditJune2018" xlink:label="newInvestmentCreditJune2018" xlink:title="newInvestmentCreditJune2018"/>
    <link:label xlink:type="resource" xlink:label="label_newInvestmentCreditJune2018" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newInvestmentCreditJune2018" xml:lang="en-US" id="label_newInvestmentCreditJune2018">New investment credit June 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="newInvestmentCreditJune2018" xlink:to="label_newInvestmentCreditJune2018" xlink:title="label: newInvestmentCreditJune2018 to label_newInvestmentCreditJune2018"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_fixedInterestRateCreditJune2018" xlink:label="fixedInterestRateCreditJune2018" xlink:title="fixedInterestRateCreditJune2018"/>
    <link:label xlink:type="resource" xlink:label="label_fixedInterestRateCreditJune2018" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_fixedInterestRateCreditJune2018" xml:lang="en-US" id="label_fixedInterestRateCreditJune2018">Fixed interest rate credit June 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="fixedInterestRateCreditJune2018" xlink:to="label_fixedInterestRateCreditJune2018" xlink:title="label: fixedInterestRateCreditJune2018 to label_fixedInterestRateCreditJune2018"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_ConvertibleLoanOutstandingBalanceValue" xlink:label="ConvertibleLoanOutstandingValue" xlink:title="ConvertibleLoanOutstandingValue"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanOutstandingValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ConvertibleLoanOutstandingValue" xml:lang="en-US" id="label_ConvertibleLoanOutstandingValue">Convertible bond K EUR 1,000 - Outstanding balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanOutstandingValue" xlink:to="label_ConvertibleLoanOutstandingValue" xlink:title="label: ConvertibleLoanOutstandingValue to label_ConvertibleLoanOutstandingValue"/>
    <link:label xlink:type="resource" xlink:label="label_ConvertibleLoanOutstandingBalanceValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="label_ConvertibleLoanOutstandingBalanceValue" xml:lang="en-US" id="label_ConvertibleLoanOutstandingBalanceValue">Outstanding balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConvertibleLoanOutstandingValue" xlink:to="label_ConvertibleLoanOutstandingBalanceValue" xlink:title="label: ConvertibleLoanOutstandingBalanceValue to label_ConvertibleLoanOutstandingBalanceValue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CapitalizedSoftwareDevelopmentNewPlanner" xlink:label="CapitalizedMitralValve" xlink:title="CapitalizedMitralValve"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalizedMitralValve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalizedMitralValve" xml:lang="en-US" id="label_CapitalizedMitralValve">Capitalized software development new planner</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedMitralValve" xlink:to="label_CapitalizedMitralValve" xlink:title="label: CapitalizedMitralValve to label_CapitalizedMitralValve"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_Capitalized3DPrintedProductMedical" xlink:label="CapitalizedTracheal" xlink:title="CapitalizedTracheal"/>
    <link:label xlink:type="resource" xlink:label="label_CapitalizedTracheal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalizedTracheal" xml:lang="en-US" id="label_CapitalizedTracheal">Capitalized 3D printed product medical</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedTracheal" xlink:to="label_CapitalizedTracheal" xlink:title="label: CapitalizedTracheal to label_CapitalizedTracheal"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_totalCapitalizedDevelopmentExpenses" xlink:label="totalCapitalizedDevelopmentExpenses" xlink:title="totalCapitalizedDevelopmentExpenses"/>
    <link:label xlink:type="resource" xlink:label="label_totalCapitalizedDevelopmentExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_totalCapitalizedDevelopmentExpenses" xml:lang="en-US" id="label_totalCapitalizedDevelopmentExpenses">Total capitalized development expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="totalCapitalizedDevelopmentExpenses" xlink:to="label_totalCapitalizedDevelopmentExpenses" xlink:title="label: totalCapitalizedDevelopmentExpenses to label_totalCapitalizedDevelopmentExpenses"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_paymentShareholders2018" xlink:label="paymentShareholders2018" xlink:title="paymentShareholders2018"/>
    <link:label xlink:type="resource" xlink:label="label_paymentShareholders2018" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_paymentShareholders2018" xml:lang="en-US" id="label_paymentShareholders2018">Payment shareholders 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="paymentShareholders2018" xlink:to="label_paymentShareholders2018" xlink:title="label: paymentShareholders2018 to label_paymentShareholders2018"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_paymentShareholders21Jan2019" xlink:label="paymentShareholders21Jan2018" xlink:title="paymentShareholders21Jan2018"/>
    <link:label xlink:type="resource" xlink:label="label_paymentShareholders21Jan2018" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_paymentShareholders21Jan2018" xml:lang="en-US" id="label_paymentShareholders21Jan2018">Payment shareholders Jan 21, 2019</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="paymentShareholders21Jan2018" xlink:to="label_paymentShareholders21Jan2018" xlink:title="label: paymentShareholders21Jan2018 to label_paymentShareholders21Jan2018"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_differenceFinalAndProvisionFairValueAssetsAndLiabilities" xlink:label="differenceFinalAndProvisionFairValueAssetsAndLiabilities" xlink:title="differenceFinalAndProvisionFairValueAssetsAndLiabilities"/>
    <link:label xlink:type="resource" xlink:label="label_differenceFinalAndProvisionFairValueAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_differenceFinalAndProvisionFairValueAssetsAndLiabilities" xml:lang="en-US" id="label_differenceFinalAndProvisionFairValueAssetsAndLiabilities">Difference final and provision fair value assets and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="differenceFinalAndProvisionFairValueAssetsAndLiabilities" xlink:to="label_differenceFinalAndProvisionFairValueAssetsAndLiabilities" xlink:title="label: differenceFinalAndProvisionFairValueAssetsAndLiabilities to label_differenceFinalAndProvisionFairValueAssetsAndLiabilities"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_equityInstrumentsDesignatedAtFairValueThroughOCIAbstract" xlink:label="equityInvestmentsDesignatedAtFairValueThroughOCIAbstract" xlink:title="equityInvestmentsDesignatedAtFairValueThroughOCIAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_equityInvestmentsDesignatedAtFairValueThroughOCIAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_equityInvestmentsDesignatedAtFairValueThroughOCIAbstract" xml:lang="en-US" id="label_equityInvestmentsDesignatedAtFairValueThroughOCIAbstract">Equity instruments designated at fair value through OCI [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="equityInvestmentsDesignatedAtFairValueThroughOCIAbstract" xlink:to="label_equityInvestmentsDesignatedAtFairValueThroughOCIAbstract" xlink:title="label: equityInvestmentsDesignatedAtFairValueThroughOCIAbstract to label_equityInvestmentsDesignatedAtFairValueThroughOCIAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalEquityInstrumentsDesignatedAtFairValueThroughOCI" xlink:label="TotalEquityInvestmentsDesignatedAtFairValueThroughOCI" xlink:title="TotalEquityInvestmentsDesignatedAtFairValueThroughOCI"/>
    <link:label xlink:type="resource" xlink:label="label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI" xml:lang="en-US" id="label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI">Total equity instruments designated at fair value through OCI</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalEquityInvestmentsDesignatedAtFairValueThroughOCI" xlink:to="label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI" xlink:title="label: TotalEquityInvestmentsDesignatedAtFairValueThroughOCI to label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI"/>
    <link:label xlink:type="resource" xlink:label="label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI_2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI" xml:lang="en-US" id="label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI_2">Total equity instruments designated at fair value through OCI</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalEquityInvestmentsDesignatedAtFairValueThroughOCI" xlink:to="label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI_2" xlink:title="label: TotalEquityInvestmentsDesignatedAtFairValueThroughOCI to label_TotalEquityInvestmentsDesignatedAtFairValueThroughOCI"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_debtInstrumentsMeasuredAtAmortizedCostAbstract" xlink:label="debtInstrumentsMeasuredAtAmortizedCostAbstract" xlink:title="debtInstrumentsMeasuredAtAmortizedCostAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_debtInstrumentsMeasuredAtAmortizedCostAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_debtInstrumentsMeasuredAtAmortizedCostAbstract" xml:lang="en-US" id="label_debtInstrumentsMeasuredAtAmortizedCostAbstract">Debt instruments measured at amortized cost [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="debtInstrumentsMeasuredAtAmortizedCostAbstract" xlink:to="label_debtInstrumentsMeasuredAtAmortizedCostAbstract" xlink:title="label: debtInstrumentsMeasuredAtAmortizedCostAbstract to label_debtInstrumentsMeasuredAtAmortizedCostAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_financialLiabilitiesMeasuredAtAmortizedCostAbstract" xlink:label="financialLiabilitiesMeasuredAtAmortizedCostAbstract" xlink:title="financialLiabilitiesMeasuredAtAmortizedCostAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_financialLiabilitiesMeasuredAtAmortizedCostAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_financialLiabilitiesMeasuredAtAmortizedCostAbstract" xml:lang="en-US" id="label_financialLiabilitiesMeasuredAtAmortizedCostAbstract">Financial liabilities measured at amortized cost [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="financialLiabilitiesMeasuredAtAmortizedCostAbstract" xlink:to="label_financialLiabilitiesMeasuredAtAmortizedCostAbstract" xlink:title="label: financialLiabilitiesMeasuredAtAmortizedCostAbstract to label_financialLiabilitiesMeasuredAtAmortizedCostAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_financialLiabilitiesMeasuredAtFairValueAbstract" xlink:label="financialLiabilitiesMeasuredAtFairValueAbstract" xlink:title="financialLiabilitiesMeasuredAtFairValueAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_financialLiabilitiesMeasuredAtFairValueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_financialLiabilitiesMeasuredAtFairValueAbstract" xml:lang="en-US" id="label_financialLiabilitiesMeasuredAtFairValueAbstract">Financial liabilities measured at fair value [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="financialLiabilitiesMeasuredAtFairValueAbstract" xlink:to="label_financialLiabilitiesMeasuredAtFairValueAbstract" xlink:title="label: financialLiabilitiesMeasuredAtFairValueAbstract to label_financialLiabilitiesMeasuredAtFairValueAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_cashSettledShareBasedPayments" xlink:label="cashSettledShareBasedPayments" xlink:title="cashSettledShareBasedPayments"/>
    <link:label xlink:type="resource" xlink:label="label_cashSettledShareBasedPayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_cashSettledShareBasedPayments" xml:lang="en-US" id="label_cashSettledShareBasedPayments">Cash settled share based payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="cashSettledShareBasedPayments" xlink:to="label_cashSettledShareBasedPayments" xlink:title="label: cashSettledShareBasedPayments to label_cashSettledShareBasedPayments"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_InstalationsUnderConstructionPropertyPlantAndEquipment" xlink:label="InstalationsUnderConstructionPropertyPlantAndEquipment" xlink:title="InstalationsUnderConstructionPropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_InstalationsUnderConstructionPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_InstalationsUnderConstructionPropertyPlantAndEquipment" xml:lang="en-US" id="label_InstalationsUnderConstructionPropertyPlantAndEquipment">AUC installations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstalationsUnderConstructionPropertyPlantAndEquipment" xlink:to="label_InstalationsUnderConstructionPropertyPlantAndEquipment" xlink:title="label: InstalationsUnderConstructionPropertyPlantAndEquipment to label_InstalationsUnderConstructionPropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherFixedAssetsPledgesCarryingValue" xlink:label="OtherFixedAssetsPledgesCarryingValue" xlink:title="OtherFixedAssetsPledgesCarryingValue"/>
    <link:label xlink:type="resource" xlink:label="label_OtherFixedAssetsPledgesCarryingValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherFixedAssetsPledgesCarryingValue" xml:lang="en-US" id="label_OtherFixedAssetsPledgesCarryingValue">Other fixed assets pledges - carrying value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFixedAssetsPledgesCarryingValue" xlink:to="label_OtherFixedAssetsPledgesCarryingValue" xlink:title="label: OtherFixedAssetsPledgesCarryingValue to label_OtherFixedAssetsPledgesCarryingValue"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_adjustmentContingentConsideration2018" xlink:label="adjustmentContingentConsideration2018" xlink:title="adjustmentContingentConsideration2018"/>
    <link:label xlink:type="resource" xlink:label="label_adjustmentContingentConsideration2018" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_adjustmentContingentConsideration2018" xml:lang="en-US" id="label_adjustmentContingentConsideration2018">Adjustment contingent consideration 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="adjustmentContingentConsideration2018" xlink:to="label_adjustmentContingentConsideration2018" xlink:title="label: adjustmentContingentConsideration2018 to label_adjustmentContingentConsideration2018"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_impactOnIncomeStatementWrittenPutOption" xlink:label="impactOnIncomeStatementWrittenPutOption" xlink:title="impactOnIncomeStatementWrittenPutOption"/>
    <link:label xlink:type="resource" xlink:label="label_impactOnIncomeStatementWrittenPutOption" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_impactOnIncomeStatementWrittenPutOption" xml:lang="en-US" id="label_impactOnIncomeStatementWrittenPutOption">Impact on income statement written put option</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="impactOnIncomeStatementWrittenPutOption" xlink:to="label_impactOnIncomeStatementWrittenPutOption" xlink:title="label: impactOnIncomeStatementWrittenPutOption to label_impactOnIncomeStatementWrittenPutOption"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfOperatingSegmentsNarrativeAbstract" xlink:label="DisclosureOfOperatingSegmentsNarrativeAbstract" xlink:title="DisclosureOfOperatingSegmentsNarrativeAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfOperatingSegmentsNarrativeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfOperatingSegmentsNarrativeAbstract" xml:lang="en-US" id="label_DisclosureOfOperatingSegmentsNarrativeAbstract">Disclosure of operating segments narrative [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsNarrativeAbstract" xlink:to="label_DisclosureOfOperatingSegmentsNarrativeAbstract" xlink:title="label: DisclosureOfOperatingSegmentsNarrativeAbstract to label_DisclosureOfOperatingSegmentsNarrativeAbstract"/>
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:label="FinancialAssetsAtFairValueThroughProfitOrLossAbstract_2" xlink:title="FinancialAssetsAtFairValueThroughProfitOrLossAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xml:lang="en-US" id="label_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_2">Financial assets at fair value through profit or loss [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossAbstract_2" xlink:to="label_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_2" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossAbstract to label_FinancialAssetsAtFairValueThroughProfitOrLossAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalRevenueRealizedInTheCountryOfDomicile" xlink:label="TotalRevenueRealizedInTheCountryOfDomicile" xlink:title="TotalRevenueRealizedInTheCountryOfDomicile"/>
    <link:label xlink:type="resource" xlink:label="label_TotalRevenueRealizedInTheCountryOfDomicile" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalRevenueRealizedInTheCountryOfDomicile" xml:lang="en-US" id="label_TotalRevenueRealizedInTheCountryOfDomicile">Total revenue realized in the country of domicile</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalRevenueRealizedInTheCountryOfDomicile" xlink:to="label_TotalRevenueRealizedInTheCountryOfDomicile" xlink:title="label: TotalRevenueRealizedInTheCountryOfDomicile to label_TotalRevenueRealizedInTheCountryOfDomicile"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_printerGermany" xlink:label="printerGermany" xlink:title="printerGermany"/>
    <link:label xlink:type="resource" xlink:label="label_printerGermany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_printerGermany" xml:lang="en-US" id="label_printerGermany">3D printer Germany</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="printerGermany" xlink:to="label_printerGermany" xlink:title="label: printerGermany to label_printerGermany"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_officeMalaysia" xlink:label="officeMalaysia" xlink:title="officeMalaysia"/>
    <link:label xlink:type="resource" xlink:label="label_officeMalaysia" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_officeMalaysia" xml:lang="en-US" id="label_officeMalaysia">Office Malaysia</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="officeMalaysia" xlink:to="label_officeMalaysia" xlink:title="label: officeMalaysia to label_officeMalaysia"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentAssetsMember" xlink:label="MiscellaneousNonCurrentAssetsMember" xlink:title="MiscellaneousNonCurrentAssetsMember"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNonCurrentAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNonCurrentAssetsMember" xml:lang="en-US" id="label_MiscellaneousNonCurrentAssetsMember">Other non current assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonCurrentAssetsMember" xlink:to="label_MiscellaneousNonCurrentAssetsMember" xlink:title="label: MiscellaneousNonCurrentAssetsMember to label_MiscellaneousNonCurrentAssetsMember"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentAssetsAxis" xlink:label="MiscellaneousNonCurrentAssetsAxis" xlink:title="MiscellaneousNonCurrentAssetsAxis"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNonCurrentAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNonCurrentAssetsAxis" xml:lang="en-US" id="label_MiscellaneousNonCurrentAssetsAxis">Other non current assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonCurrentAssetsAxis" xlink:to="label_MiscellaneousNonCurrentAssetsAxis" xlink:title="label: MiscellaneousNonCurrentAssetsAxis to label_MiscellaneousNonCurrentAssetsAxis"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_OtherNonCurrentAssetsTable" xlink:label="OtherNonCurrentAssetsTable" xlink:title="OtherNonCurrentAssetsTable"/>
    <link:label xlink:type="resource" xlink:label="label_OtherNonCurrentAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherNonCurrentAssetsTable" xml:lang="en-US" id="label_OtherNonCurrentAssetsTable">Other non current assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonCurrentAssetsTable" xlink:to="label_OtherNonCurrentAssetsTable" xlink:title="label: OtherNonCurrentAssetsTable to label_OtherNonCurrentAssetsTable"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="EntityEmergingGrowthCompany" xlink:title="EntityEmergingGrowthCompany"/>
    <link:label xlink:type="resource" xlink:label="label_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EntityEmergingGrowthCompany" xml:lang="en-US" id="label_EntityEmergingGrowthCompany">Entity emerging growth company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityEmergingGrowthCompany" xlink:to="label_EntityEmergingGrowthCompany" xlink:title="label: EntityEmergingGrowthCompany to label_EntityEmergingGrowthCompany"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable" xlink:label="EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable" xlink:title="EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable"/>
    <link:label xlink:type="resource" xlink:label="label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable" xml:lang="en-US" id="label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable">Earnings per share attributable to ordinary owners of the parent [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable" xlink:to="label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable" xlink:title="label: EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable to label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems" xlink:label="EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems" xlink:title="EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems" xml:lang="en-US" id="label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems">Earnings per share attributable to ordinary owners of the parent [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems" xlink:to="label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems" xlink:title="label: EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems to label_EarningsPerShareAttributableToOrdinaryOwnersOfTheParentLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AmortizationIntangiblesPurchasePriceAllocation" xlink:label="AmortizationIntangiblesPurchasePriceAllocation" xlink:title="AmortizationIntangiblesPurchasePriceAllocation"/>
    <link:label xlink:type="resource" xlink:label="label_AmortizationIntangiblesPurchasePriceAllocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AmortizationIntangiblesPurchasePriceAllocation" xml:lang="en-US" id="label_AmortizationIntangiblesPurchasePriceAllocation">Amortization intangibles purchase price allocation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortizationIntangiblesPurchasePriceAllocation" xlink:to="label_AmortizationIntangiblesPurchasePriceAllocation" xlink:title="label: AmortizationIntangiblesPurchasePriceAllocation to label_AmortizationIntangiblesPurchasePriceAllocation"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_AllowanceForDoubtfulDebtors" xlink:label="AllowanceForDoubtfulDebtors" xlink:title="AllowanceForDoubtfulDebtors"/>
    <link:label xlink:type="resource" xlink:label="label_AllowanceForDoubtfulDebtors" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AllowanceForDoubtfulDebtors" xml:lang="en-US" id="label_AllowanceForDoubtfulDebtors">Allowance for doubtful debtors</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceForDoubtfulDebtors" xlink:to="label_AllowanceForDoubtfulDebtors" xlink:title="label: AllowanceForDoubtfulDebtors to label_AllowanceForDoubtfulDebtors"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueAdjustmentCenatLiability" xlink:label="copyOfCapitalizedExpenses3" xlink:title="copyOfCapitalizedExpenses3"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfCapitalizedExpenses3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfCapitalizedExpenses3" xml:lang="en-US" id="label_copyOfCapitalizedExpenses3">Fair value adjustment Cenat liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfCapitalizedExpenses3" xlink:to="label_copyOfCapitalizedExpenses3" xlink:title="label: copyOfCapitalizedExpenses3 to label_copyOfCapitalizedExpenses3"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_PersonnelRelatedIncome" xlink:label="PersonnelRelatedIncome" xlink:title="PersonnelRelatedIncome"/>
    <link:label xlink:type="resource" xlink:label="label_PersonnelRelatedIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PersonnelRelatedIncome" xml:lang="en-US" id="label_PersonnelRelatedIncome">Personnel related income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PersonnelRelatedIncome" xlink:to="label_PersonnelRelatedIncome" xlink:title="label: PersonnelRelatedIncome to label_PersonnelRelatedIncome"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxLiabilitiesOnInvestmentGrants" xlink:label="DeferredTaxLiabilitiesOnInvestmentGrants" xlink:title="DeferredTaxLiabilitiesOnInvestmentGrants"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesOnInvestmentGrants" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredTaxLiabilitiesOnInvestmentGrants" xml:lang="en-US" id="label_DeferredTaxLiabilitiesOnInvestmentGrants">Investment grants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesOnInvestmentGrants" xlink:to="label_DeferredTaxLiabilitiesOnInvestmentGrants" xlink:title="label: DeferredTaxLiabilitiesOnInvestmentGrants to label_DeferredTaxLiabilitiesOnInvestmentGrants"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesOnInvestmentGrants_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxLiabilitiesOnInvestmentGrants" xml:lang="en-US" id="label_DeferredTaxLiabilitiesOnInvestmentGrants_2">Investment grants</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesOnInvestmentGrants" xlink:to="label_DeferredTaxLiabilitiesOnInvestmentGrants_2" xlink:title="label: DeferredTaxLiabilitiesOnInvestmentGrants to label_DeferredTaxLiabilitiesOnInvestmentGrants"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DeferredTaxLiabilitiesOnInventoryValuation" xlink:label="DeferredTaxLiabilitiesOnInventoryValuation" xlink:title="DeferredTaxLiabilitiesOnInventoryValuation"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesOnInventoryValuation" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="label_DeferredTaxLiabilitiesOnInventoryValuation" xml:lang="en-US" id="label_DeferredTaxLiabilitiesOnInventoryValuation">Inventory valuation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesOnInventoryValuation" xlink:to="label_DeferredTaxLiabilitiesOnInventoryValuation" xlink:title="label: DeferredTaxLiabilitiesOnInventoryValuation to label_DeferredTaxLiabilitiesOnInventoryValuation"/>
    <link:label xlink:type="resource" xlink:label="label_DeferredTaxLiabilitiesOnInventoryValuation_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DeferredTaxLiabilitiesOnInventoryValuation" xml:lang="en-US" id="label_DeferredTaxLiabilitiesOnInventoryValuation_2">Inventory valuation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilitiesOnInventoryValuation" xlink:to="label_DeferredTaxLiabilitiesOnInventoryValuation_2" xlink:title="label: DeferredTaxLiabilitiesOnInventoryValuation to label_DeferredTaxLiabilitiesOnInventoryValuation"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceContractDrawFirstTranche" xlink:label="EibFinanceContractCreditLineSecondTranche" xlink:title="EibFinanceContractCreditLineSecondTranche"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceContractCreditLineSecondTranche" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceContractCreditLineSecondTranche" xml:lang="en-US" id="label_EibFinanceContractCreditLineSecondTranche">EIB finance contract draw first tranch</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceContractCreditLineSecondTranche" xlink:to="label_EibFinanceContractCreditLineSecondTranche" xlink:title="label: EibFinanceContractCreditLineSecondTranche to label_EibFinanceContractCreditLineSecondTranche"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EventsSubsequentToTheStatementOfFinancialPositionDateAbstract" xlink:label="EventsSubsequentToTheStatementOfFinancialPositionDateAbstract" xlink:title="EventsSubsequentToTheStatementOfFinancialPositionDateAbstract"/>
    <link:label xlink:type="resource" xlink:label="label_EventsSubsequentToTheStatementOfFinancialPositionDateAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EventsSubsequentToTheStatementOfFinancialPositionDateAbstract" xml:lang="en-US" id="label_EventsSubsequentToTheStatementOfFinancialPositionDateAbstract">Disclosure of events subsequent to the statement of financial position date [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EventsSubsequentToTheStatementOfFinancialPositionDateAbstract" xlink:to="label_EventsSubsequentToTheStatementOfFinancialPositionDateAbstract" xlink:title="label: EventsSubsequentToTheStatementOfFinancialPositionDateAbstract to label_EventsSubsequentToTheStatementOfFinancialPositionDateAbstract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EventsSubsequentToTheStatementOfFinancialPositionDate" xlink:label="copyOfWrittenPutOptionExpenseOfThePeriod" xlink:title="copyOfWrittenPutOptionExpenseOfThePeriod"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfWrittenPutOptionExpenseOfThePeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfWrittenPutOptionExpenseOfThePeriod" xml:lang="en-US" id="label_copyOfWrittenPutOptionExpenseOfThePeriod">Events subsequent to the statement of financial position date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfWrittenPutOptionExpenseOfThePeriod" xlink:to="label_copyOfWrittenPutOptionExpenseOfThePeriod" xlink:title="label: copyOfWrittenPutOptionExpenseOfThePeriod to label_copyOfWrittenPutOptionExpenseOfThePeriod"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceContract" xlink:label="EibFinanceContract" xlink:title="EibFinanceContract"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceContract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceContract" xml:lang="en-US" id="label_EibFinanceContract">EIB Finance contract</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceContract" xlink:to="label_EibFinanceContract" xlink:title="label: EibFinanceContract to label_EibFinanceContract"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_EibFinanceContractUndrawnLinesOfCredit" xlink:label="EibFinanceContractUndrawnLinesOfCredit" xlink:title="EibFinanceContractUndrawnLinesOfCredit"/>
    <link:label xlink:type="resource" xlink:label="label_EibFinanceContractUndrawnLinesOfCredit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_EibFinanceContractUndrawnLinesOfCredit" xml:lang="en-US" id="label_EibFinanceContractUndrawnLinesOfCredit">EIB Finance contract, undrawn lines of credit 2018</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EibFinanceContractUndrawnLinesOfCredit" xlink:to="label_EibFinanceContractUndrawnLinesOfCredit" xlink:title="label: EibFinanceContractUndrawnLinesOfCredit to label_EibFinanceContractUndrawnLinesOfCredit"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailedInformationJointVentureExplanatoryTextBlock" xlink:label="DisclosureOfJointVentureTextBlock" xlink:title="DisclosureOfJointVentureTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfJointVentureTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfJointVentureTextBlock" xml:lang="en-US" id="label_DisclosureOfJointVentureTextBlock">Disclosure of joint ventures table [Text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfJointVentureTextBlock" xlink:to="label_DisclosureOfJointVentureTextBlock" xlink:title="label: DisclosureOfJointVentureTextBlock to label_DisclosureOfJointVentureTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_DisclosureOfDetailedInformationOfOtherCurrentLiabilitiesTextBlock" xlink:label="DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock" xlink:title="DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock"/>
    <link:label xlink:type="resource" xlink:label="label_DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock" xml:lang="en-US" id="label_DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock">Disclosure of detailed information of other current liabilities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock" xlink:to="label_DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock" xlink:title="label: DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock to label_DisclosureOfDetailedInformationOfCurrentLiabilitiesTextBlock"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_TotalPurchaseConsiderationInCashNetOfIndemnificationAsset" xlink:label="TotalPurchaseConsiderationInCashNetOfIndemnificationAsset" xlink:title="TotalPurchaseConsiderationInCashNetOfIndemnificationAsset"/>
    <link:label xlink:type="resource" xlink:label="label_TotalPurchaseConsiderationInCashNetOfIndemnificationAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalPurchaseConsiderationInCashNetOfIndemnificationAsset" xml:lang="en-US" id="label_TotalPurchaseConsiderationInCashNetOfIndemnificationAsset">Total purchase consideration in cash net of indemnification assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalPurchaseConsiderationInCashNetOfIndemnificationAsset" xlink:to="label_TotalPurchaseConsiderationInCashNetOfIndemnificationAsset" xlink:title="label: TotalPurchaseConsiderationInCashNetOfIndemnificationAsset to label_TotalPurchaseConsiderationInCashNetOfIndemnificationAsset"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_considerationInCashCenat" xlink:label="considerationInCashCenat" xlink:title="considerationInCashCenat"/>
    <link:label xlink:type="resource" xlink:label="label_considerationInCashCenat" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_considerationInCashCenat" xml:lang="en-US" id="label_considerationInCashCenat">Consideration in cash Cenat</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="considerationInCashCenat" xlink:to="label_considerationInCashCenat" xlink:title="label: considerationInCashCenat to label_considerationInCashCenat"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_CenatConsiderationPayable" xlink:label="CenatConsiderationPayable" xlink:title="CenatConsiderationPayable"/>
    <link:label xlink:type="resource" xlink:label="label_CenatConsiderationPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CenatConsiderationPayable" xml:lang="en-US" id="label_CenatConsiderationPayable">Cenat consideration payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CenatConsiderationPayable" xlink:to="label_CenatConsiderationPayable" xlink:title="label: CenatConsiderationPayable to label_CenatConsiderationPayable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_fairValuePropertyPlantAndEquipment" xlink:label="fairValuePropertyPlantAndEquipment" xlink:title="fairValuePropertyPlantAndEquipment"/>
    <link:label xlink:type="resource" xlink:label="label_fairValuePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_fairValuePropertyPlantAndEquipment" xml:lang="en-US" id="label_fairValuePropertyPlantAndEquipment">Fair value property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="fairValuePropertyPlantAndEquipment" xlink:to="label_fairValuePropertyPlantAndEquipment" xlink:title="label: fairValuePropertyPlantAndEquipment to label_fairValuePropertyPlantAndEquipment"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_FairValueAdjustmentInventory" xlink:label="copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2" xlink:title="copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2"/>
    <link:label xlink:type="resource" xlink:label="label_copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2" xml:lang="en-US" id="label_copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2">Fair value adjustment inventory</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2" xlink:to="label_copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2" xlink:title="label: copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2 to label_copyOfdifferenceFinalAndProvisionFairValueAssetsAndLiabilities2"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_acquisitionPricePaidInCashIncludingEscrow" xlink:label="acquisitionPricePaidInCashIncludingEscrow" xlink:title="acquisitionPricePaidInCashIncludingEscrow"/>
    <link:label xlink:type="resource" xlink:label="label_acquisitionPricePaidInCashIncludingEscrow" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_acquisitionPricePaidInCashIncludingEscrow" xml:lang="en-US" id="label_acquisitionPricePaidInCashIncludingEscrow">Acquisition price paid in cash including escrow</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="acquisitionPricePaidInCashIncludingEscrow" xlink:to="label_acquisitionPricePaidInCashIncludingEscrow" xlink:title="label: acquisitionPricePaidInCashIncludingEscrow to label_acquisitionPricePaidInCashIncludingEscrow"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_fairValueOptionRapidfit" xlink:label="fairValueOptionRapidfit" xlink:title="fairValueOptionRapidfit"/>
    <link:label xlink:type="resource" xlink:label="label_fairValueOptionRapidfit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_fairValueOptionRapidfit" xml:lang="en-US" id="label_fairValueOptionRapidfit">Fair value option</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="fairValueOptionRapidfit" xlink:to="label_fairValueOptionRapidfit" xlink:title="label: fairValueOptionRapidfit to label_fairValueOptionRapidfit"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentLiabilitiesNarrativeLineItems" xlink:label="MiscellaneousNonCurrentLiabilitiesNarrativeLineItems" xlink:title="MiscellaneousNonCurrentLiabilitiesNarrativeLineItems"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNonCurrentLiabilitiesNarrativeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNonCurrentLiabilitiesNarrativeLineItems" xml:lang="en-US" id="label_MiscellaneousNonCurrentLiabilitiesNarrativeLineItems">Miscellaneous non-current liabilities narrative [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonCurrentLiabilitiesNarrativeLineItems" xlink:to="label_MiscellaneousNonCurrentLiabilitiesNarrativeLineItems" xlink:title="label: MiscellaneousNonCurrentLiabilitiesNarrativeLineItems to label_MiscellaneousNonCurrentLiabilitiesNarrativeLineItems"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_MiscellaneousNonCurrentLiabilitiesNarrativeTable" xlink:label="MiscellaneousNonCurrentLiabilitiesNarrativeTable" xlink:title="MiscellaneousNonCurrentLiabilitiesNarrativeTable"/>
    <link:label xlink:type="resource" xlink:label="label_MiscellaneousNonCurrentLiabilitiesNarrativeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MiscellaneousNonCurrentLiabilitiesNarrativeTable" xml:lang="en-US" id="label_MiscellaneousNonCurrentLiabilitiesNarrativeTable">Miscellaneous non-current liabilities narrative [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonCurrentLiabilitiesNarrativeTable" xlink:to="label_MiscellaneousNonCurrentLiabilitiesNarrativeTable" xlink:title="label: MiscellaneousNonCurrentLiabilitiesNarrativeTable to label_MiscellaneousNonCurrentLiabilitiesNarrativeTable"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_WrittenPutOptionPayableRapidfitCurrent" xlink:label="WrittenPutOptionPayableRapidfitCurrent" xlink:title="WrittenPutOptionPayableRapidfitCurrent"/>
    <link:label xlink:type="resource" xlink:label="label_WrittenPutOptionPayableRapidfitCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_WrittenPutOptionPayableRapidfitCurrent" xml:lang="en-US" id="label_WrittenPutOptionPayableRapidfitCurrent">Written put option payable Rapidfit current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WrittenPutOptionPayableRapidfitCurrent" xlink:to="label_WrittenPutOptionPayableRapidfitCurrent" xlink:title="label: WrittenPutOptionPayableRapidfitCurrent to label_WrittenPutOptionPayableRapidfitCurrent"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_purchase3dPrinterRSPrint" xlink:label="purchase3dPrinterRSPrint" xlink:title="purchase3dPrinterRSPrint"/>
    <link:label xlink:type="resource" xlink:label="label_purchase3dPrinterRSPrint" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_purchase3dPrinterRSPrint" xml:lang="en-US" id="label_purchase3dPrinterRSPrint">Purchase 3D printer RSPRINT</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="purchase3dPrinterRSPrint" xlink:to="label_purchase3dPrinterRSPrint" xlink:title="label: purchase3dPrinterRSPrint to label_purchase3dPrinterRSPrint"/>
    <link:loc xlink:type="locator" xlink:href="mtls-20181231.xsd#mtls_deferredTaxIncomeLossFromDeferredTaxAssets" xlink:label="deferredTaxIncomeLossFromDeferredTaxAssets" xlink:title="deferredTaxIncomeLossFromDeferredTaxAssets"/>
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