5 pulleys, you havn't said but I'm thinking this is a TDi, or am I wrong?
Squeeking is as siad often caused by the tensioner pulley, they are often a tiny bit out of line and some folks true them up by jamming a penny undeer one side of the tesnioner block as they fit it.
TDI has a separate belt for the air conn, if we are talking V8 then the belt set-up is differnet for with and without airconn, without the tensioner runs on the multi-vee side, is plastic and doesn't cause squeeks, the belt is noticably shorter.