I managed to do this same thing with mine - after swapping my intercooler I managed to nick the edge of my drive belt on the AC union and the belt thread unravelled itself and posted itself into the timing belt.
Despite the financial impact, it was possibly the best thing I have done to my Mk5 - head rebuild & injector clean seemed to restore power. new valve guides & stem seal + DIY Turbo rebuild also helped - now my engine barely uses oil.
As its off, get a vacuum pump rebuild kit from ebay.
If I had to do this again, the only thing I would change is to remove the misery with both timing belt and chain - I managed to get both a tooth out in opposite directions - correctly installed, my BWA belt seems to always be 2/3 of a tooth out comparing cam & crank timing marks.