Good evening,
Thank you for all the contributions to this thread.
I've attached some links to hi-res pictures for perhaps a beter examination of the badge.
I also received images from "Artillery909" which were saved from the website of a Dutch dealer.
Those images appeared to be removed from that website and can't be shared here due to copyright issues.
That badge has also plated lugs like the one in "High Wood"'s
post.
As "Luke H" wisely added in post #3, ‘Theatre made’ badges are their own niche minefield.'
Keep safe and try to be nice to each other,
Marinus