I solved the problem myself - I'd just overlooked one test. Here it is, how it went.
The ansatz is to determine the required structures in the exponents $a$ and $b$ to allow compatible sets of primefactors in the lhs and rhs:
$$ {5^a-1 \over 11^2 } = {11^b-1 \over 5^3 } \tag 1$$
Initialization
To have exactly $11^2$ as factor in the numerator of the lhs we need that $a=5 \cdot 11 \cdot a_2$ :
$$ \begin{array}{}
\text{lhs :}
& \large {5^a-1 \over 11^2 }
&=\large {5^{55 \cdot a_2}-1 \over 11^2 }
& \underset{a_2=1}=
& 2^2.71.103511.\text{<big>}
\end{array}$$
To have exactly $5^3$ as factor in the numerator of the rhs we need that $b=5^2 \cdot b_2$
$$ \begin{array}{}
\text{rhs :}
& \large {11^b-1 \over 5^3 }
&=\large {11^{25 \cdot b_2}-1 \over 5^3 }
& \underset{b_2=1}=
& 2.3001.3221.\text{<big>}
\end{array}$$
Step 1 : primefactor $2$
Next, we adapt the exponents so that lhs and rhs have the primefactor $2$ to the same exponent. We need $a_2$ and $b_2$ being even, so we define $a_2=2 a_3$ and $b_2 = 2 b_3$ finding
$$ \begin{array}{}
\text{lhs :}
& \large {5^{55\cdot 2 \cdot a_3}-1 \over 11^2 }
& \underset{a_3=1}=
& 2^3.3.23.67.71.521.5281.\text{<big>} \\
\text{rhs :}
& \large {11^{25 \cdot 2 \cdot b_3}-1 \over 5^3 }
& \underset{b_3=1}=
& 2^3.3.3001.3221.13421.\text{<big>}
\end{array}$$
Step 2 : primefactor $3001$
Next, we adapt the exponent in the lhs that it has primefactor $3001$. We need the exponent containing $250$ so $a_3$ needs to provide the factor $5^2$ so we define $a_3= 5^2 a_4$ finding
$$ \begin{array}{}
\text{lhs :}
& \large {5^{55 \cdot 2 \cdot 5^2 \cdot a_4}-1 \over 11^2 }
& \underset{a_4=1}=
& 2^3.3.23.67.71.101.251.401.521.1901.3001.\text{<big>}
\end{array}$$
Step 3 : primefactor $251$
Finally, we adapt the exponent in the rhs that it has primefactor $251$. We need thus the exponent containing $250$ as on the lhs, so $b_3$ needs to provide the factor $5$ so we define $b_3= 5 b_4$ finding
$$ \begin{array}{}
\text{rhs :}
& \large {11^{25 \cdot 2 \cdot 5 \cdot b_4}-1 \over 5^3 }
& \underset{b_4=1}=
& 2^3.3.5.251.3001.3221.13421.\text{<big>}
\end{array}$$
Proof by contradiction on primefactor $5$
Here in the primefactorization of the rhs we find an additional factor $5$ which cannot be compensated by varying the exponent in the lhs.
We needed only partial adaptions of exponents (but of course all steps are mandatory), and still arrived at the expected contradiction:
We cannot have exponents $a,b>0$ providing equality in (1) and thus the only solution is the initial one $ 5^3 = 11^2 + 4$
What we have explicitely used were the primefactors $2,3001,251$, and likely direct considerations on modularities (as usual with such problems) should use that moduluses (possibly one does not need the primefactor $2$). However this does not exclude that my basic approach could uncover more/alternative solutions for the disproof.
Appendix: a provisorical Pari/GP routine for solving such problems systematically can be obtained if desired
For an extended explanation look at this older MSE-answer or this
Then $b$ must be multiple of $5^2$. Let $b=25kb'$
$11^{25kb'}-10kb'(25b'-1)-8kb'$
$k=2,7,・・・$
– Takahiro Waki May 10 '17 at 13:19