I think you're right. Stated in simpler terms, both the front and the back of Wout's wheel passed the line of the camera before the front or back of Tom's bike.
Even if the camera were 10 cms off, the fact that the back of Wout's front wheel passed that mark before the back of Tom's front wheel must means that the front of his wheel was still ahead at that moment. (Assuming same sized wheels.)
Even if the camera were 10 cms off, the fact that the back of Wout's front wheel passed that mark before the back of Tom's front wheel must means that the front of his wheel was still ahead at that moment. (Assuming same sized wheels.)