The story takes place on New Year's Eve that a group of friends have been celebrating together for years. The host is the newly divorced psychologist, Aliz, and her guests are her younger brother, Döme, the chemistry teacher, Kristóf, the gynecologist, Gábor, the cook, and Márk, the photographer. They are all childhood best friends. In the meantime, Gábor's wife, Saci, the lawyer, and Márk's girlfriend, Fanni, the young special education teacher joins the group. The topic of the conversation veers in the direction of how nowadays people store many secrets and confidential information on their cell phones, and what kinds of conflicts may arise if the phones fall into unauthorized hands. Each of the seven members of the group insists on not having any secrets, on their lives being an open book, to which Aliz suggests that they should prove it.

Children of Glory will commemorate Hungary's heroic Revolution of 1956, and takes place in Budapest and at the Melbourne Olympic Games in October and November of that year. While Soviet tanks were destroying Hungary, the Hungarian water polo team was winning over the Soviets in the Olympic pool in Melbourne, in what has been described as the bloodiest water polo match in history.