I will double check the transfer port location but I think it is central. The step might be a fitting issue to allow the piston to make it's way all the way to the end of the chamber.
I wonder if this pistol was made by the same Belgian company that made the Webster's Daredevil Dinkum. The Dinkum being stamped accordingly for Webster to sell as their own in the UK. Leaving this pistol to be sold in Belgium and France.
But, the Dinkum is known to have physical differences such as the rear sight in a different position to that of this pistol and the MF. Perhaps if I can find a Dinkum it will be interesting to see if it has the same production letter stamps.