The story of five generations of the Austrian-Brazilian Knieps family, from the inauguration of their family-owned Great Mystical Circus in the 1910s up to the early 21st century, following both the family and the circus from their prime through to their decadence.

An anthology film drama featuring a poetic mirror structure based on existential identity. In "The Immortals," adapted from a Helder Prista Monteiro play, two famous doctors, an 80-year-old father, and his 60-year-old son, contemplate senility and death. "Suzy," from an Antonio Patricio story, is set in the '30s when a young courtesan dies on the operating table. "Mother of the River" is from an Agustina Bessa-Luis fable about eternal life.