The narrative of Portrait of a Lady on Fire is bookended by scenes of Marianne in her later life as an art teacher. The main story is a flashback, a memory of her time with Héloïse. The first major turning point occurs when Marianne, unable to continue her deception, reveals to Héloïse that she is a painter. Héloïse criticizes the first portrait for lacking truth, leading Marianne to destroy it. In a crucial act of agency, Héloïse agrees to pose for a new portrait, creating the conditions for their love affair to blossom during the five days her mother is away.
The film's ending unfolds in three distinct moments years after their separation. First, Marianne sees a portrait of Héloïse at a salon. Héloïse is pictured with a daughter, but she is also holding a book with her finger marking page 28—the page where Marianne drew a self-portrait as a keepsake. This is a silent, profound acknowledgment across time that Héloïse remembers and cherishes their love. Second, Marianne exhibits her own painting, 'Portrait de la jeune fille en feu,' which depicts the moment at the bonfire, a clear dedication to her memory of Héloïse. The painting also subtly features Orpheus looking back at Eurydice, cementing her 'poet's choice.'
The final, devastating scene takes place at a concert. Marianne sees Héloïse across the hall, seated in a balcony box. Héloïse does not see Marianne. As the orchestra begins to play the Presto from Vivaldi's 'Summer'—the piece Marianne had partially played for her on a harpsichord—Héloïse is overcome with emotion. The camera holds on her face for an extended take as she cycles through joy, sorrow, and tears, completely consumed by the music and the memory it evokes. This final shot is seen entirely from Marianne's perspective, making the audience the final observer of Héloïse's private grief and enduring love. It confirms that their connection was not forgotten and its emotional power remains undiminished by time, a love that exists perfectly and painfully in memory.