Would pulling the valve cover and watching the valves open and close be sufficient, or would you say pull the head. On some engines I have heard that the valves would not hit the piston even if the valve was stuck wide open.
pull the valve cover, you'll probably see the bent pushrods, they are very lightweight, and small diameter, they take the abuse when the belt snaps and the pistons hit the valve
i've never seen a bent valve in a 1011, and only 1 time i've seen a burned valve or damaged seat, and that was from a bad injector. the engine was run 1500+ hours with a "little miss and hestitation, and didnt seem to have any power"
those engines require 2 timing tools and a belt tension guage to properly time the engine and set the tensioner.
always install a new tensioner with the new belt.
check around the forum, i've seen several threads on bobcat 863/873/s250 timing belt failures.