Measure the intake port ID. If it's 22mm, or larger, I'd go for a VM22, starting with #22.5 pilot/160 main jet combo. Worst case, you might have to drop down to a #20 pilot but that's highly doubtful; 125cc should move just enough air at idle to keep this carb reasonably responsive. As for main jetting, anything from #130 - #180 is possible, depending upon how much hp your specific L125 makes. If you don't mind throwing some extra bucks at the problem, for the sake of time, order a set of mains ranging from 140-170 and get to work testing.
FYI...if you compare your existing carb to the VM22, side-by-side, you'll probably be shocked by the real world size difference. 26mm is too much venturi for 125cc and less than 10hp and the folks who came up with your engine kit knew this. They also knew that appealing to the "bigger is better" mindset is effective marketing strategy.
So I ordered the VM 22 with multiple mains. I didnt order any other pilots and the 22 comes with a 30 for a pilot, should I order a different pilot(s)?