looks very odd to me... lofty has a point but not that sure in your case... as for sludge looks to me that your ready mixed that you put in done its job... cleaned the crap from your system. People tend not to change the coolant and only test it... if before you said you flushed the system the antifreeze was very old and especially mixed with hard water the limescale... was at home and now the new antifreeze eats it up by dislocating it of engine block, thermostat, radiator and especially hoses...
I always advice when changing water pumps, thermostats and radiators the owner to keep a daily watch on the coolant level for 2 reasons: first regardless of bleeding the system some air will still be trapped for a few warm up to temperature and cool off cycles, second in case of a leak.... i replaced on one of my cars the water pump last Sunday as was starting to have some small play and a very tiny leak, was 2 years since i changed the coolant also so done it... water pump and coolant... all fine for 3 days to work and back and some motorway runs... Thursday new pump fitted after under 200 miles started to leak slightly worse then the old one... what was the job today? you guessed done the water pump again... not really happy...