With the advent of regulations protecting users such as the General Data Protection Regulation, security and privacy concerns are playing a new role in small settings such as in very small entities. Their relevance is increasing, and privacy is being considered a Troy horse in software developments. In fact, privacy is a part of software architectural decisions, and they must be considered as a technical debt. The contributions of this paper are the following: a privacy debt definition with a principal and an interest, privacy‐related activities to be considered within the ISO/IEC 29110 basic profile, and the use of the net present value within this context. All these contributions help us to integrate privacy debt and VSE's software developments.