We provide all solutions of the title equation in positive integers x, k, y, n with 1 ≤ x < 25 and n ≥ 3. For these values of the parameters, our result gives an affirmative answer to a related, classical conjecture of Schäffer. In our proofs we combine several tools: Baker's method (in particular, sharp bounds for the linear combinations of logarithms of two algebraic numbers), polynomial-exponential congruences and computational methods.