Provided is a water based liquid makeup cosmetic which is filled in an applicator for a liquid cosmetic equipped with a brush-like coating part to be suitably used for making up, particularly a water based liquid makeup cosmetic which is suited for making up around eyes, and in order to obtain the cosmetic, assumed is a formation comprising at least a tabular pigment, a pigment dispersant, a coating film-forming agent, 0.001 to 0.5 mass % of a surfactant and water and further comprising a spherical powder.According to the formation for a water based liquid makeup cosmetic, obtained is a water based liquid makeup cosmetic which makes it easy to rehomogenize (redisperse) the cosmetic by slightly shaking even after turned into an uneven state with standing still during storage and which makes fine lines liable to be drawn and is excellent in a water resistant fixing performance.