A zeppelin flying low over a steam locomotive. Below the airship is a man on a rope. (National Archive)
A commenter on flickr notes that the engine is Nº 3 of the NBDS (Noord Brabantsch Duitsche Spoorwegmaatschappij), then Nº 3 of the SS (Staatsspoorwegen), then Nº 773 of the HSM (Hollandsche IJzeren Spoorweg-Maatschappi ) and finally Nº 5703 NS (Nederlandse Spoorwegen). It was constructed by Werkspoor NV in 1913, probably under license of Sharp, Roberts (UK).
This gives us some help in dating the otherwise undated photo. The NBDS, also known as Duits lijntje or Boxteler Bahn, a short line connecting Dutch Boxtel with German Wesel, folded in 1921. It was formally taken over by the SS and, on the other side of the border, the German Reichsbahn in 1925. The SS and HSM existed parallely until they fusioned to NS in 1938. The SS no longer ran express trains on the former NBDS line and may have sold the engine as early as 1925.
Since the tender shows the number 773 on the photo, it must have been taken when the engine was the property of HSM, between 1925 and 1938.