It is a Warnant system Flobert, beefed up from the original design with a "trapdoor" breechblock. Still not real strong and not of very high grade metal. They were sold all over the world in the late 19th and early 20th centuries. A large number of used guns were imported here in the 1990s, most in very worn condition. Not worth a lot of cash, so it is nice to have a story to go along with it.
Nearly all were made in Belgium, many by Peiper, which was a major company at the time.
If Jim K.'s prediction on a fresh supply of .32 rimfire ammunition pans out, there will be dancing in the streets. There are a lot of .32 rfs out there that people would like to try out.