Do you mean a TeX label, which you can reference elsewhere in the document with \ref? One way is to use the listings package instead of fancyvrb. Then, you can include your code in the document like this:
\begin{lstlisting}[caption={Cool code},label=cool]
c+=1;
\end{lstlisting}
As you would expect, the caption option provides a caption under the code listing (à la "Listing 1: Cool code"), and the label option provides a label which can be referenced like \ref{cool}. A caption must be provided for the label to work, at least in my installation.
A MWE:
\documentclass{article}
\usepackage{listings}
\begin{document}
\begin{lstlisting}[caption={Cool code},label=cool]
c+=1;
\end{lstlisting}
\begin{lstlisting}[caption={Wow},label=wow]
c-=1;
\end{lstlisting}
As you can see in Listing~\ref{cool}, we can increment variables.
Having thought better of it, Listing~\ref{wow} allows us to retreat.
\end{document}
If, instead, you wish to reference a particular line number of a code listing, you can stick with the fancyvrb package and do something like this example from the fancyvrb documentation:
\begin{Verbatim}[commandchars=\\\{\},numbers=left,numbersep=2pt]
First verbatim line.
Second line.\label{vrb:Important}
Third verbatim line.
\end{Verbatim}
As I previously showed in
line~\ref{vrb:Important}, it is...
You could make this simple to use by including the options in your \DeclareVerbatimEnvironment command, like so:
\documentclass{article}
\usepackage{fancyvrb}
\DefineVerbatimEnvironment{code}{Verbatim}{fontsize=\small,commandchars=\\\{\},numbers=left,numbersep=2pt}
\begin{document}
\begin{code}
c+=1;\label{cool}
c-=1;\label{wow}
\end{code}
As you can see on Line~\ref{cool}, we can increment variables.
Having thought better of it, Line~\ref{wow} allows us to retreat.
\end{document}
listingsmay a worth try. – Harish Kumar Mar 20 at 23:03